1921-10-31 — Page 8

A

DOCHLOR."

HONGKONG BANK,

NEW CANTON OFFICE OPENED.

INTERESTING CEREMONY.

CHINA'S POLITICAL AND FINANCIAL FUTURE

U CHINA MAIL.

BANK'S FINE. ENTARPRISE,

Tamateat

that the Canton branch of the CONSUT GÜNBRAUN PRAISE Hongkong and Shanghai Bank will continue to flourish and promote the prosperity of the Cantonese com- munity, with which Hongkong has been for so many years closely ac ciated in commerce and friendship." [(Applause.)

was but I am quita bantain ha wat not British, possibly he was Chinese- who translated that horrible mouth- filling name "the Hongkong and [Owing to the continual murmur of Shanghai Banking Corporation into converration made by people too far the two words "Way Foong." For away to follow the speaker but close those of you who are not Chinese enough to make it difficult at times scholars-sad I regret there are for other to hear, a verbation report so many, because a knowledge of Mr. Jamieson's remarks was nos fully possible, with the result that in one place at least summarisation has been necessary.]

means to

These expressions of good will to

of Chinese is the ope essential wards the Cantonese and the rest of

thing that will bind the two nations Chins's polital and financial future, with special reference to the ral

Chins aptly reflect the feelings of the

together--I should like to say that tions between Hongkong and Canton, received prominent mention in several Corporation The Bank has develop- Hongkong and Shanghai Banking

the word "Way" is the Chinese word important speeches made at the opening ceremony of the Hongkong and ad and grown up with Chinese trade, Your Excellency, ladies and gentle in most things were far in advance of. Mr. Jamieson said: Mr. Edkins, for transmitting money. The Chinese Shea Banking Corporation's new $500,000 building in. Shameen on and the Management has no other men,-I have already had the privil- ourselves and they started hanking Saturday morning. Mossages from HBM. Minister at Paking, Sir Beilbysh than to see a prosperous and ege of opering this building bat in with a leener interest long before we Alaton, and HE the Governor of Hongkong, Sir R. E. Stubba, K.QMS,

united China. The Bank is not con- case you should not have heard what did. They had that word ready. were raad wishing the Bank success in its new enterprise. The Cast of these times the Directors

cerned with politia, but in the stress I said when I turned the key and Therefore this man evolved the Government Minister of Foreign Affair delivered an able speech on China Management have a strong feeling my strong desire for the sternal to remit and exchange money. The and opened the door, I wish to reiterate Chinese name when the Bank started political hopes and the part played by the Bank in fostering better relations that it is only by a peaceful drawing flourishing of the local agency of the second character "Foong between the Chinese and British. Many well-known people were present at together of the present conficting Hongkong and Shanghai Banking prosper, and nobody can say those the ceremony which was full worthy of the description "an auspicions coalition Government that prosperity eloquent address given by Mr. Edkins ago when the Bank was first founded political parties under some form of Corporation (Applause.) After the gentlemen in the early days—55 years generally can be assured (Heat and the messages read by him from did not forecast with the greatest thesi.)

those illustrious personages represen sccuracy the future of the Bazk ting His Majesty the King at Feking Nobody present will disagree with me and at Hongkong, there is very little when I state that the basis of the left for me to say except to thank the prosperity of the Hongkong and Chairman and Directors of the Bank Shanghai Bank at the present moment for the honour they have conferred is exchange. I am not a shareholder Trading difficultien thepon me in asking me to open what in the Bank: therefore I am quite un- and in China have I hope will be one of the most dourish interested, and if the Bank chooses to sbated aince

ing agencies of the Bank through- spend shareholders' money in putting and political

time, strife in Chink out the whole of China. I sap up magnificent buildings palaces-of has, if anything, been more acute pose that like Tommy Tucker, this description I have nothing to say. than before, and yet a substantial who had to sing for his supper, I must All that I would like to say on behalf volume of commerce has continued deliver some suitable or unsuitable) of the shareholders is that the more throughout this country; between the remarks to justify the very handsome money the management makes and Treaty Ports; and with foreign conn-key presented to me. In casting the more money it distributes the tries. This volume of trade, however, about for a theme I have been in great more prospercs I think the instead of being on the progressive difficulty because, as some of you shareholders will be. 1 vil scale warranted by the character and might know, though others might not, conclude by saying that I hope the I have been extremely overworked off waters of the aariferous stream will energies of the people of China, com bined with the natural resources of late and have not been able to devote figuratively speaking low through the west door of the Bank depositing on the country, is now in many respect much thought to the matter. on the downward grade. The reason

Mr. Jamieson then drew a playful the ground floor their golden sand and of this is plain for all to age, and when analogy between the evolution of flow out by the East to enrich the one consider the unsettled state of kings and the evolution of banks, plains (Applause.) Ladies and gen-

Atha hour appointed for the eare- man, Mr. and Mrs. A. Silva, Mr. sad mony approached, a large crowd Mr. E. Sly, Mr. and Mrs. J. T. I had the honour a few months ago sembled outside the main entrance. Smith Mr. and Mrs. U. Spalinger, Hr. of oficiating at a similar ceremony to In addition to a large gathering of anton, Mr. and Mrs. V.Steensby, this at Shanghai, and I then referred Chaineen residents many well known Mad Mrs. W. H. Stratton, Mr. and to the wonderful financial strength of Hongkong people were present, in Mr W. T. Swensen, Mr. and Mrs. G. Chira and to the resiliency of its cluding the Bank's Chairman of Tudhope, Mr. E. P. Vasaria, Mr. Atrade. Directors and General Manager. Many C. J. Vermeulen, Mr. F. A. Wallace, world ΟΥΣ Canton and Hongkong Chinese Mr. D. Waters, Mr. and Mrs. C. E not merchants and business men also at Watson, Mr. E. M. Wood, Lieut. tended.

Commdr. Clacke, R.N., D.8.0., and Shortly before the opening ceremony Lieut. Humphreys, R., HMS at 11.30 am, three camphor trees¦ “* Tarantula," were planted in Central Avenue on the west side of the new Bank by the

.

little daughters of the Manager, Mr.

D. Forbes. These trees will complete

the row of big camphor trees on

either side of the Bank building.

clared the new building open.

October 29, 1921.”

SOME OF THOSE PRESENT,

1-

CHAIRMAN'S SPERCH

CHINA'S GREAT BEM).

that

Bre

ex-

BANK'S SERVICE TO CHINA.

TONDAY - OGTORES = 31, 1921.

DAIRY FARM NEWS.

BUTTER

FURTHER REDUCTION IN PRICES.

From 1st November 1921.

"DAISY" “DAIRYMAID ”

$1.25 per lb.

$1.15

17 37

THE DAIRY FARM, IUK & COLD STORAGE Co., Ltd.

DANIEL CRAWFORD'S

FINEST VERY OLD

סבא

STAR

SCOTCH WHISKY.

DISTILLED IN STGILAND AND ANY GEIVINE WHEN SIGTED"

Daniel Crawford & Son Ld.

Glasgow.

ARE YOU PLANNING TO SEND ANYTHING HOME THIS. CHRISTMAS?

SHOP EARLY AND BE ON TIME

THE QUALITY HOUSE

has a new stock of CHRISTMAS commodities.

Silver Ware Тоув

Phone 196

Chocolates Perfumery

CHRISTMAS CARDS

(any assortment) COME AND VISIT

With the arrival of Dr Wa Ting-|

Mr. G. T. M. Edkins, the Chairman fang, Canton Government Minister of of Directors, said: Your Ex. Foreign Affairs, a gold key was cellencies, Ladies and Gentlemen: handed to the British Consul General On behalf of the Hongkong and Shang Mr. J. W. Jamieson, C.M.G., who thenhai Banking Corporation I have very China since 1911 the marvel is no: 8ng acausing illustration of his tlemen I sak you to drink with me to unlocked the massive door and de- much pleasure in welcoming you here that conditions are what they are,/Points by quotations from Chaucer, the prosperity of the Canton agency

to-day on the occasion of the opening The key, manufactured in Hong of this new building, and the Dirse but that they are no worse! All the Mortaigne and Bacon. After tracing of the Hongkong and Shanghai Bank- kong, bore on the one side the Hong-tor and Management have a high same it is becoming evident that the the increasing use of money as sing Corporation. kong official COLL of arms ased by the Bank and on the other the this gathering of leading officials and endurance is reaching a critical staged the theory that "there could he as sense of the bonour accorded them by strain on the country's resources and medium of exchange in place of barter,

he mentioned that Montaigne develop DR. WU TING-FANGS ADDRESS. following inscription:-

merchants, both Chinese and foreign and a united Chins seems the only "Fresented to J. W. Jamieson, We are honoured with the presence workable solution of the dificulty 40 profit without loss to someone CH.G., by the Hongkong and Shang- of Hu Excellency Dr. Wa Ting-fang for example, the port is steadily grow che as under it Montaigne declared which presents itself Take Canton else." This theory was a very rash hai Bank, on the occasion of the and other distinguished members of opening of its new Shameen Office, the Canton Government. Dr. Waing with its new roads and buildings that all gain should be condemned. Dr. Wa Ting-fang said: Ladies and

Ting-fang seems to have discovered Progress" is the watchword, but Bacon, writing on usury, had on the gentlemen-It give me As Mr. Jamieson unlocked the door, the secret of perpetual youth. His its full power of develo, meat other hand, asserted that while Mon-pleasure to be present on this occasion. gresi which was draped with two large flags, name has been world wide for the is stil held up. Given peace with tague's contention might be right in If you will allow me I will refer to all- Chinese and British, the Bank's house past quarter of a century and be the rest of the country, and financial theory, it did not work out that tient history. I remember the time fag was run up the mast, the Chinese continues to figure in the aircle of strength in consequence, the city and way ir practice. He pointed when this Bank was formed in Hong- band present struck up a lively tune, high politics as vigorously as ever surrounding country are open to far to the belp that

merchants kong many years ago. Perhaps many and a string of crackers was exploded. (Applause.) We are also glad to see the benefit of the Envince and China Crisis from being able to borrow but, bar when about half a dozen of the more wide reaching development for derived in times of financial of you were not then born. I remem The large company then followed among you so many of the business Mr. Jamiessa into the commodious men of Canton, representing as they do generally. Pailway systems he stipulated, let the tooth of usury most enterprising Britishers in Hong banking hall, where champagne and that great commercial community waiting on construction, mines await-be graded so it should not bits too kang were discussing and promoting sandwiches were served. Speeches:

whose trading ability and probitying opening and industries deep."

the present Bank. One of them I re- have been known and recognised by pasion. You were then delivered and toasts appro foreign merchants for the last hundred harvest of good things that anch Mr. Jamieson would be inclined to afterwards Sir Thomas Sutberland, All constituents of banks, continued member well was Mr. Sutherland, all appreciate the priate to the occasion honoured.

year. (Applause.)

developments bring in their train. It impress that dictam on the managers who was superintendent of the P. & O. Among those invited to attend the the Hongkong and Shanghai Banking culturally, of this Province, is likely,

I wish to express too the thanks of development, industrially and age based on diligence and name for formed more than half a century ago is interesting to think that the full of banks with which they came in Company. At that time Hongkong contact. Bacon also said, "gain is was a small Colony. This Bank was ceremony wire the following:- Mr. and Mr. Annett, Mr. and His Britannic Majesty's representa graat trade route which formerly aptly applied to the case of this Bank. it has undergone. It has progressed Corporation to Mr. J. W. Jamieson, among other things, to recreate the 80ou and honest dealings." That and I have seen the wonderful changes

THE WING ON CO., LTD., Mrs. Archangelsky, Archdeacon and Mrs. Bamett, Mr. Baron, Mr. (Applause.) He is known throughout Hanan, through Siangtan and Chang first qualification, that of being Canton. The ancientcity was not named tive, for opening the new building reached out across this province into Sh nghai Banking Corporation, the kong and Shanghai Bank, omitting

Des Voeux Road, Central, J. Band, Mr. L. A. Bergholz, Mrs. China for his progressive policy and sha, and so to the Yangtaze and the diligent, has been amply proved. not that thin was intended as any this Bank inspires the confidence there were small local banks but noth-

Now to come to the Hongkong and and developed. It was called the Hong- Bergholz, Rev. C. I. and Mrs. the furtherance of British commerce North.

Provision Dept. Phone 2895. Blanchets, Mr. and Mrs. H. H. Bond, and interests in China along the lines Mr. D. T. B. Boothby, Mr. G. H. of Anglo-Chinese

It was union that brought the

have been brought into contact with slight to Canton--but because it Bowker, Mr. T. Brameld, Mr. & B. (appiawe)and we are happy in anion among the political parties of great many years now, and I will say must kut be too ambitious and that dealing with them they see that every the Hongkong and Shanghai and

co-operation Great War to a successful issue;

various branches of this Bank for a was thought at the time the Bank of the countries as by constanting to compare with the immune Brow, Mr. H. E. Campbell, Dr. L. having him for this opening ceremony. the Allied Powers, and the union of that for diligence-and by diligence I Hongkong and Shanghai were quite thing is correct and give it their trust foreign banks. Now there are similar A. N. Casabianca, Mr. and Mrs. J.

financial transactions carried on by Casa, Mr. and Mr. B. Christiansen, We have bad the honour of receiv the Allied Armies under one man, that an application, intelligence, and enough But BOW Ber. W. and Mrs. Clayson, Mr. Og messages from their Excellencies ultimately brought peace. And so our W. Durch, Rev. H. and Mrs. Davies, the British Minister st Feking and sympathies lie with the idea and

study of the situation Bank not only in Hongkong,

Now in China the best investment banks ranging in all the principal W. rd M. M. Drevard, Mr. and the Govenor of Hongkong. Sir principle of units with the leaders eficient and hard-working as that of and other parts to Chines Ale. If not always be very muck but it is business way, I am glad to know that there kre very few banks the commercial centre and Lesdom & Chinese point of view is land. places. The foreign banks taught which can bosst a staff Mrs. G. Duchakan, Mr. J. Eymar, Beilby Alston ays!.

so office, but also in Shanghai

If you buy land in Chins you are sure our people how to establish banks fruition thereof rests with the the Hongkong and Shanghai Bank that but in other countries aleo. It Mr. and Mrs. C. M. Forrest, Mr. and

to get a good return. Perbape it might and to carry them on in "I wish every success to the open-and people of Chins herself. Mrs. R. A. D. Forest, Mr. P. N. ing of the new Bank buildings in the

a good. (Applause.) oldest port in China. I feel sure that Rongkong and Shanghai Banking fortune to have been brought into in the world. (Applause) Who does instead of buying land in China hold There is the Bank of China, siso the Let me renew on behalf of the career in Chins it has been my good sow t come one of the biggest banks that many of my own countrymen Hongkong is increasing every day.

In the course of my wa started as a small bank but has safe. It has come to my knowledge the

number of banks, starting in they are Mr. and Mrs. H. P. Harris, Mr. and progress made by that port and ment, and Shareholders, their good contact, with all of the chief managers hai Bank! Wherever you go its That shows that they have confidence stadents who have been educated in commensurate with the Corporation, its Directors, Manage contact, sometimes very intimate not know the Hongkong and Shang- shares in this Bank (Applause.) Bank of Canton, and so on. Our Mr. A. V. Hogg, Mr. G. Hoppeler, Mr. will further help to and Mrs. Hotson, Mr. M. Hotta, Rey, excellent commercial relations which and this province and the whole of (the first) to Mr. A. G. Stephen, (the countries. I ave had the advantage return is better than they get from the have become directors and managetz cement the wishes for the prosperity of this city of the Bank from Sir Thomas Jackson agencies are there, even in foreign in the Bank. And another thing, the England, America, and other countrie F. and Mrs. Jenkins, Mr. and Mrs. 8. have existed between our two coun- China, united with messages from His present), and they have amply fulfill of dealing with the Bank and it has land. (Applause and laughter.). K. Kavarana, M. and Madame tries since the days of the factones. Majesty's representatives in Pekinged their role. (Applause.) Lafond, Mr. and Mrs. P. Landray After all these years of friendly inter-and Hongkong.

of these Binks. Some little time ago Capt McKinnon, Mr. and Mr. R. T. course, Cantonese, who are enterpris

been most satisfactory. If you go into You will see therefore that the I remember meeting an Amencaa Matheson, Mr. and Mrs. A. T. Mei, ing and broadminded, and who have declare this building opes, and we except to ask you who are present China you can have it saved.

I will now ask Mr. Jamieson to there is very much left for me to say money there or if it is some part of Chinese people and induces them to opinion. He told me among other

Having said so much I do not think any foreign coutry you can get your Bank has been of great service to the banker and asking him Mr. and Mrs. A. A. Merie, Mr. E. R. brought back ideas from foreign lands shall welcome some remarks from him here to spread abroad the fame of the

kis Mogra, Mr. and Mrs. C. S. Paget, Mr. to make their city an example to beyond the ordinary ormalities. Bank, also to add how very greatly I things not only from a financial point for Britain and other foreign countries surprised to see the admirable way in trust you. From this point of view it things that he called at one of the K. Savri, Mr. C. E. Pescock, Mr. Chins, must surely realise that the Afterwards I hope His Excellency esteem the capacity which the men of view but also in the interests of the There is another thing to be consider which it conducted its bus. He Now, this Bank has done great increases the good friendship of China Chinese banks at Shanghai and WAI B. Peugrin, M. C. Poisat, Mr. sad British desire nothing but the estab- Dr. Wa Ting Fang will hozour usagement has displayed. On its behalf two countries, England and China and ed, and that is why this bank is doing said he thought it was the imanch of Mr. J. Proton, Dr. W. G. and Mrs.lishment of a strong and free with an address, and that one of the I sak for your continued support. In other foreign countries. Why? you business. It is good for the there an American bank but later found Reynolds, Mr. and Mrs. F. W. Rich-democracy in China."

Mr. B. M. Row, Mr. A. H. Bande-cexeful opening ceremony.

"I send my best wishes for a suc-Manager, will thereafter also talk Light and discrimination shown by the agencies draws all the people of China this Bank was started there were no beaking bakeven

Mr. Stephen, our excellent Chief posthumous testimony to the fore bank with various branches and it sets a good example for as. When Chiness educated in Amurinn in the I hope to us.

individual-I do not know who he to come and deal with it. Therefore Chinese banks to speak of. Of course

Forum, Dr. and Mrs. Fulton, Alias G. Fulton, Mr. and Mrs. A. H. Harris,

keen

we have the

Phone 198

mond Mr. and Mrs. H. Biggerbach, and Sir Edward Stubbe says:

(Applause.) leading Chinese merchants will speak this connection I would like to offer may sak. Well it is this way. A holders, it is good for the people, and that the manager of the bank was a

Mr. and Mrs. W.8. B. Roops, Dr. and

1

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HOW ARE THE CLAMS TODAY?

THAVENT HEARD AĤY

OF THE CLAMS

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WOW-HEY!

WAITER:

COME HERE:

FATHER.

IS THIS. LAMB OR YEAL YOU' BROUGHT

MES

CAN'T YOU

TELL BY THE "TASTE?

THEN WHAT.

DIFFERENCE DOES IT MAKE-

STE TATURE SERVICE, INC

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