1929-11-04 — Page 2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Ausborland Capital

0,600,000

imund and Fully Paid-up ... $30,000,000

Beers Funda :-.

Starling .......

Hilver

-------- 4,000,000

Kassere, Labuilty of Proprietors... $30,000,000

HEAD OFFICE; HONⱭ KORO,

HOAND OF IRECTOUS :-

R. S. row, Esc

Chairman.

W. I. Bell, Pac

Tipsly Chain

ton, Mr. B. D. P. aith.

1. . Conspion, Eq.

M. T. Jabonatı, Paq,

M. Lander lawin, Eng.

AMOY

ALNA KOK

BATAVIA

BONRAY

CALCUTTA

CANTON

MEFON

COLOMBO

DAIREN

POCCHOW

TAILON

14BURG

BANKOW

W. L. Pattenau, Esq.

1. 3. Foame, Esq.

J. A. Plummer, Eag

1. P. Waar, Eng. Chik Manager.

Lon. Mr. A. O, İlyses.

BRANCHE-

LONDON 1.TEINS

MALACCA

MANILA

MOCKDEN

NAGASAKI

KEW YORK

PROING PENASO HANGGON

SAIGON

BAN FRANCISCO

SHANGHAL

SINGAPORE

MOUHAHAYA

HARBIN

JONOKEW

ILOILO

[Poli

SENDE PATANI T:ENTHIN

JOHONE

TOKYO

KODE

TINGTAN

KOWLOON

KUALA LUMPUH

YOKUSHAMA

Current Rocousie opened in Local Currency and Mixed Deposis movived for one une or shorter periods in Lexal Currency and Barling 2 terms which will be quoted on appilation. Hong Kong, l May. 1720.

HONG KONG SAVINGS BANK.

The use of the abors Bank de nendusi. by the HONG KONG AND BIANCILIAT DANKING CORPORATIOS,

obtained on application.

Kulon may be

PUH, THE LONG KONG SHANGHAI BANKING CORPORATION.

A C. HINES,

Chief Meangst.

Long Hong. th September, 19

`NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDA TRADING BOCIETY)

• DANKER.

Established 1824 Hong Kong Oo:-11 Queen's Road Central. Authorized Capital Gulldare 150,000,000-

212,500,000.) Pald-Up Capitel .............. Quitars 60,000,000 (0,860,087,! Tamaro Fund .................. Golds $0,000,000-

(48,835,338.)

Lend Omon-{AMSTERDAM”), Estera Brad (00:-UATAVIA, BBANCURS Dapájectmasin Bodoong) Bombay.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Caurtor, 1859. HEAD OFFICE: LONDON. Paid-up Capital ................ .£3,000,000 Reserve Fund

1,000,000 Reserve Liability of Proprie

tors

Agencles and Branches:

ALOR STAR

(Malay States)

AMÍFUTAAN

HATAVIA

BASDZOK

יענען

CALCUTTA CARTON

CAWNTORE CRDC

....£3,000,000

KUALA LUMPUR

KUCHING

NABRAY

MANILA

MEDAN

NEW YORK

PERING

PENANI PERLAWAR HANDOON SARON

SINGAPORE NOURABAYA

HO

BAINES (Daug

NEMA RANO

South Baueletal

SEBESIDAN

DEFENS

SITANOHAR

HAIPHONG

LAMING

LLANKOW

HARIN

LONG KONG

13.1.0

ITH

KARACHI

KLANG

KUBE

*CK. Shunchanka)

KUALA KANGSAR

P (P.M.B.)

VAIPINO

(P.1.8.3 JAVOY

TIESTHIN

FOR YO

TONGRAT (Bimkoa) TSINGTAO

YORGAMA

ZAMBOANGA.

(Philippine Islands)

Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fix-

ed Deposits received for 1 year or which will shorter periods ut rates he quoted on application.

A. H..FERGUSON,

Manager. Hong Kong, 8th January, 1029.

THE HO HONG BANK, LTD. (Established 1917.)

CAPITAL

THE CHINA MAIL,

DIOCESAN SCHOOL

SIXTIETH BIRTHDAY CELEBRATIONS

GOVERNOR'S PRAISE

Personal Plessure This second foundation was un- dertaken by Bishop Alford "upon the " advice of leading gentlemen of the Colony and those most interested in ita welfare"; and it is a great por- sonal pleasure to me to record that' one of those gentlemen was my own uncle and godfather, Sir Cecil Clementi Smith, then a cadet officer

Many Famous Names Associated With History in the service of the Hong Kong Gov-

DR. KOTEWALL APPEALS FOR, CHINESE HELP

ernment. Fie was a member of the Committee of Management of this school from 1870 to 1878; when he was transferred aa Colonial Secret-

Pictures of days gone by were vividly stirred up in the imagina-ary to Singapore; and he with Mr. William Keswick, then taipan of tion when names famous all over China and further afield-were Mesors, Jardine, Matheson and Com- mentioned on Saturday, the first day of the festivities at the Diocesan Boys' School, in Kowloon.

A resume of this highly respected Institution's 60 years' history was given. H.E. the Governor (Sir Cecil Clementi, K.C.M.G.) paid it a well deserved tribute. And an "old" boy in Hon. Dr. R. H. Kotewall, CM.G., LL.D., who is one of the Chinese members of the Legislative Council and is at present acting also as a member of the Executive Council, pointed to a number of former pupils who have brought honour to the school.

Mr. Keswick

MONDAY, NOVEMBER 4, 1929.

DIOCESAN BOYS' SCHOOL-The Science Room.

pany, Mr. H. Lowcock and Sir Paul Chater, were responsible for guld- ing the school through its 'early years and for the appointment of Mr. G. Piercy in 1878 to be second head master of the reconstituted school, was honorary treasurer of the necessary for its maintenance and note of the Divine concord which school from 1869 to 1886 and his soc-expansion are raised without demy. the entire universe is destined one cossors as talpans of Messrs. Jar-This school will be, I am sure, one day to sound." In a cosmopolitan dine, Matheson and Company were of the most enduring and beneficent school where there is such a con- honorary treasurers of the school institutions of the Colony and its glomeration of languages, nothing can better conduce to knit together, until 1902. Sir Paul Chater was past attainments are but an earnest a member of the Committee of Man- of the success which awaits it in the the students into one family than sparts and music, of which singing agoment from 1873 to 1925, a re-

plays such an Important part, for markable record in length of con-

in the words of Longfellow, "Music tinuous service; and Mr. Piercy, was

is the universal language of man- of expressing our appreciation of head master from 1878 to 1918-4

kind." the splendid work done by the head-period of exactly 40 years.

Hon. Dr. Kotewall then spoke in

Study of Chinese master in bringing the school up to were the men who laid well and Chinese. His eloquent speech was its present state of efficiency. I feel truly the foundations of the success by impressing on all Chinese in the admirable rule-introduced I think, Supplementary to this aim is the constantly applauded. He concluded Mr. Featherstone's work is all the of the Diocesan Boys' School and more to be commended. for at times Orphanage, and we do well to-day Colony that it is their duty to sup- by Mr. Featherstone, that all

race A broad transla- atudents, irrespective of he had laboured under great disabi- to bear grateful testimony to their tion, which hardly does justice to nationality, must take up the study

port the schoot. lities-I refer more especially to the foresight, energy and perseverance.

Chinese. Dr. Kotewall's classical language, is joi changing over from the old school

Landmarks and the troublous times of three

Subsequent landmarks in the his- as follows:-

"WORK FOR WORK'S SAKE”

Illuminations which showed the outline of the stately buildings were admired from a distance in the Pen- insula on Saturday night. By day $20,000,000 the precincts and grounds formed a 8,000,000 pretty background for the occasion. 4,000,000

Hundreds of parents, friends and 4,000,000 "old" boys wended their way to the 2,219,000 hill between Homuntin and Kowloon Tong to receive a warm welcome

Authorised Issued Paid-up Reserve Liabilities of

Shareholders Surplus

HEAD OFFICES-SINGAPORE. Branches, Agencies and Corrapon-

world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOI,

Manager. Hong Kong, 15th May, 1929.

Theso

future.

(Applause).

DR. KOTEWALL

or

This shows Mr. Featherstone's wisdom and far-

As H. E. the Governor has said, sightedness, for from even the

His

good for the students, most of

whom are likely to spend their lives

in South China after they leave

school, to have a knowledge of the

dents in the principal cities of the from the present head master, the years ago when it was necessary totory of the school are the year 1878

Reov. W. T. Featherstone, M. A. hand this building over to the Mill- when it was placed under the new this is an auspicious day for the materialistic point of view, it is tary Authorities for use as a hos-inaugurated grant-in-ald scheme of Schodi; and in the name of the pital, and find temporary quarters.

the Hong Kong Government; the Chinese community I offer Mr. Chinese Co-operation

year 1890, when a separate Diocesan Featherstone, his able staff and the Mr. Featherstone has been ably Girls' School was open, the build-students hearty felicitation. supported by a loyal and energetic ings at the corner of Bonham Road Excellency has just given us the in-Chinese language and its litera- a high plane, the study of Chinese work easier than it might have been, the Diocesan Boys' School and Or- gentlemen of the Colony who render cannot but knit together the varied Staff, which has no doubt made his and Eastern Street being retained as teresting information that one of the ture Looking at the matter from

nationals into one harmonious and I should like to include a word of phanage; and the year 1926, whened such signal service to the School appreciation to them for all they the Boys' School was transferred in the early stage of its career was

his own uncle, Sir Cecil Clementi whole. The School is therefore a have done.

from its cramped quarters in Hong

preparation ground for that inter- The Hon. Dr. R. H. Ketewall, Mr. Kong island to this fine site on the Smith. Very few present probably national concord which His Excel- Chau Yue-teng and Mr. J. M. Wong, mainland. In May, 1926, the aver-knew that among these helpens was lency has so much at heart. Truly, all of them old boys. and Mr. Wong age attendance at the Diocesan Boys' my wife's grandfather, the Hon. Mr.this work is in accord with Cor Hehry Lowcock, who was a member fucius's dictum that education Kam-fook have recently joined the School was 300. From March, 1927, of the Committee from 1874 to 1880. knows no distinction of class.

HEAD OFFICE:-Taipeh, Formosa. Incorporated by Special Imperial

Charter, 1899.

XA),

Central Dank in Formona. Bank Notos Insund Average amount. 16,000,000

BRANCHES AND AGENCIES JAPAN-Kakyo, Yokohama, Hobe, Ganda. PORUOSA :-zan,

Karenko, Kalung, thong Nanto, sinchiku, Taiche, Tel Jako, no, Yon, i CHINA-Buangbai, lankov, Amer, Focchow,

Skutow, Canton, OTHERS-Hung boug Binge, bourabaya,

P114 vi Bombay,

Elite, Loudon, New York, Dairen.

LONDON BANKERS

Calout, Charlton. Djembar. Djok incuria's "The Hague'), Jeddah. Kabs. Hosa Hadja. Makassar, Medan, Pudang Palembang Pakalongan, Punaug. Pontiak Angoon, Boterdam"). Samarg

Sibolg (Sumatra), Singapore, Boeraba Boerakarta (Solo). Tegal, Tiliaijapaipal Commercial Centres throughout the world.

والقطاع محل ها

and Weletreden."),

"These offions have safe deposit boxes to let London Bankeri-National Provincial Dank Lad

Forrespondania all bear the world

Banking businem af STELJ description traded.

P. M. KLEENG

Gong Kong, 7th May, 1019.

Macsgat.

BANQUE DE L'INDO - CHINE,

HEAD OFFICE:

96, Boulevard Linussman, Paris.

Subscribed Capital Frs. 72,000,000.00 Paid-Up Capital...Fra. 88,400,000.00 Rezerve Funds Frs.102,000,000,00

BRANCHES:

Bangkok Hong Kong Quinhen

Saigon Centho Mengtze Shanghai

Battambang Huo

E. NAUURA,

HONG KONG BRANCH:

In Voous Road Contral. Hong Kang. th January, 19:25

Established 1912.

Manager,

Head Offices-Hong Kong.

Authorized Capital (H.E. Currency} $11,800,000 Pald Up Capital 864,200 Ilosares". Fund, t

350,000

BRANCHES :-

Canton, Shanghai, Bakow, Satow, Bangkök, New York and San Francisco,

LONDON DANKENS ;--

The Lord's Bank Limited. Correspondente in all principal cities of the

World.

Foreign exchange and backing business of very description cod

hall.

her of Indios.

the

School Committee, and we extend to to January, 1928, during the emer They are geney which necessitated the des them a hearty welcome.

some of the problems that arise.

H.E. THE GOVERNOR

H.E. the Governor then addressed the gathering as follow.

has

It is a strange and happy coincid

It is no exaggeration to say that

the Diocesan Boys' School is known in all corners of the globe. As pointed out by His Excellen provinces of China, but from such

students come not only from all the

Good Name

This good name has been bullt up by the devotion and hard work of the School Committee, of those

(Oxon), his staff and the prefects.

The Band of the 1st Battalion the Somerset Light Infantry, under the Conductor, Mr. E. J. Woollcott, ren- dered pieming selections. Refresh- THE BANK OF TAIWAN, LTD. drangle prior to the assembly in the ments were served in a shaded qua:

(TAIWAN GINKO)

Distinguished Gathering Among those on the platform and in the auditorium of the school hall were H. E. the Governor, Lady Clementi, M.B.E., Captain A. J. L. Whyte (Private Secretary), Hon. Mr. W. T. Southorn C.M.G. (Colonal Secretary), Mr. E. Ralphs (reting Director of Education), Hon. Dr. A. R. Wellington and Dr. the first Chinese gentlemen to serve patch of the Shanghai Defence ence that to-day, after the lapse of W. B. A. Moore (Medical and Sani- on the Committee and with the large Force to China, these school build-over half a centry. H.E. the Governor The Loudon Chessy Wortnicauer and Parr's Book. fary Services); the Hon. Dr. & Mrs. number of Chinese boys we haveings were lot to the Military Au- and Ihould and ourselves standing R. H. Kotewall, the Hon. Mr. W. E. now in the school, we feel their ad- thorities at very short notice for together in the Great Hall of the

service to the institution.

distant places as Europe, North aled as had Catrapandents in L. Shenton, Sir, Robert Ho Tung, vice will be of great value to us in use as a hospital, in which eventually School co-operating in rendering

there were 450 beds, and the school The Diocesan Boys' School and South America, Australia, and Mr. Li Yau-tsun, C.B.E., Mr. W. L.

itself was accommodated in tem-

Always enjoyed unstinted joven South Africa. Pattenden, the Very Rev. A Swann It is perhaps worthy of note, to porary quarters in Nathan Road.

from support

many promin- D.S.C.. Lieut. Col. F. Hayley Bell, show the fine spirit prevailing in the

During this perind the average at- Professor L. Forster, Mr. Wong school, that it is not our custom to tendance at the school dropped as aims are praiseworthy, and its ent and bury men because its Our boys work for low as 205. Kam-fuk, Mr. J. M. Wong, Mr. Tang give prizes.. THE BANK OF CANTON, LTD. Shiu-kin, Mr. Woo Hay-tong, and work's sake, and the fine record of the school reoccupied its own build- excellent. The School has been just-who have had its immediate ad-

On February 1, 1928, achievements have been uniformly Mr. B. Wong Tape, also a large num- the school, I feel, tells its own tale ings and the average attendance in-ly renowned for several decades, ministration, and of the members in this respect, and, furthermore, is creased to 280 in May, 1928, and to while in its general scholastic work After a hymn and prayers for the as evidence of the great value of 262 at the present time.

of the teaching staff. Among these it has few peers and certainly no I must mention twe names: they school, the teachers, and of thanks, the Diocesan Boys' School in the

Cosmopolitan

superior in the Colony, as may be are Mr. George Piercy, and the Rev. giving for the school's 60 years' educational work of the Colony. A most interesting feature of the proven by the results in the Oxford W. T. Featherstone.

school is the very varied nationality Local Examinations and in the Hong Piercy, during the long service of Mr. George life, Mr. W. L. Pattenden, the oldest member in Hong Kong of the School

of its pupils. About 70 per cent of Kong University Scholarship and forty years, laboured hard and suc. Committee, who presided, said:-

the boys are Chinese: but no fewer Matriculation Examinations. Speak-cessfully for the School; and Mr. Your Excellency, Ladles and Gent-

than twelve other nationalities were ing of the Hong Kong Uni- Featherstone, during the last ten lemen.--We are met together to

represented among the pupils inversity, you may be pleased to hear years of difficulties and disappoint. day to celebrate the sixtenth anni

1921. Boys come to the school from that in the short period of ten yearsments, has added lustre to the re- versary of the Diocesan Boys' School Mr. Chairman, Mr. Head master, Shanghai, Hankow, Foochow, Amoy, the School has won no fewer than cord of the School, and has achiev- and Orphanage and, on behalf of indie and gentlemen.This is an Swatow Wuchow, Canton and Hoi-21 scholarships and studentshipa atod marked improvements and de- the Committee, the head master the auspicious day in the history of the how in China, from all parts-of-the the University. Staff, and the boys, I wish to thank Diocesan Boys' School and Orphan- Colony of Hong Kong; from Singa-

Pioneer in Sports your Excellency and Lady Clementi ago. We are met to commemorate pore, Bangkok, Manila, Kobe, For-

sixtieth anniversary of its mosa, Macao, Haiphong and Saigon; attention to physical development, The School has also paid special for honouring this commemoration the with your presence.

foundation. The school has, how-and in recent years boys have come I do not think the statement that it ever, a longer record even than that, from North and South America, is the pioneer, among schools in (Specially Authorised by Presidential

It is a matter of great interest to for It was in 1860 that the Diocesan from Australia, South Africa and Hong Kong, of physical culture and not through its own fault but Mandate of the Republic of China us to know, in looking back on the Native Female Training School was several European countries, A outdoor sports can be successfully through circumstances over which

on the 22nd of November, 1917.)

past history of the school, that from erected at the corner of Bonham better illustration could not be found challenged. It shows a proud re- it has had no control. When the the year 1873 to 1875 your Excel- Road and Eastern Streat in Hang of the cosmopolitan character of cord of achievements in cricket, inexisting new building was planned, $60,000,000.00

Kong island with funds collected by population for which education is football, in tennis and in 18,278,000.00 lercy's distinguished uncle; Mr.

other the School principally relied upon Smith wife of the first provided in this Colony and of the gamos. 0,629,425,24 Cecil Clementi Smith, as he then Mrs.

In cricket it has two old selling its old site on Bonham Road; was, acted as Chairman of the School Bishop of Victoria. The educational correspondingly wide influence ex-boys in the coming Interport Team, and indeed the latter had actually Committee and he served on that progress made in the Colony since erted by a school such as this. As namely, Mr. D. J. N. Anderson and been sold before building opera- Committee from "1871 to 1878, then is well Illustrated by the fact an orphanage, the school has done Mr. E. C. Fincher, and a third oldtions on the now site were begun. Since those times the achool has that this Training School was soon excellent work for unfortunate chil-boy, Mr. F. Zimmern, is a reserve, Unfortunately, owing to the strike Branches and Sub-branches all over grown with the Colony and there are in a precarious financial position, dron, many of whom have been in The Management has also not and boycott of 1925, the transac China and Correspondents in Europe, now 285 boys on our books, of whom because there was not in those days Inter lifa a great credit to the Insti- neglected the spiritual aide of the tion was not completed through the America and other parts of the world. 110 are domiciled as boarders in a sufficient demand for Western edu-tution.

scholars. I will single out one of failure of the buyer, with the un- London Bankers: The National

cation of Chinese girls. this fine building. Provincial and Union Bank of Eng-

I am glad to say, that, since 1923, its activities for mention. I refer happy consequence that the School land, Ltd.

Although the school was originally; ary, 1869, the situation of the school Chinese has been a compulsory sub-to singing. Some of us may wonder has had to resort to a lean of The Guaranty Trust Company of founded in 1860 it was then solely was so serious that Bishop Alford, ject for all boys of whatever nationa-why I attach auch importance to $175,000, upon which it has to pay New York,

New York Bankers:-The Irving not until 1869 that its acope was en-

one for Chinese girls, and' It was the second Bishop of Victoria, lagued ality at this school. All boys in all what is considered by some to be. a Interest which it cannot afford,

an appeal for funds wherewith to classes are taught to read, write, mere pastime. Well, ladles and I have heard it remarked by some National Bank.

The Equitable Trust Company of larged and It became the Diocesan reconstitute it. The new constland to speak Chinese. This is as gentlemen, to my mind singing is a people that the school authority THE YOKOHAMA SPECIE BANK, New York

School and Orphanage, an institution tution provided that the school it should be. Another interesting and, thing which can do inânite good. was too ambitious in its present LIMITED.

Interent allowed on Current Ac-for the education of children of both should be open to boys as well as to my mind, admirabble feature of It not only affords the singers per-scheme. Those who know the counts and Fixed Deposits. Tornis on sexes of European, Chinese, and girls and that, in addition to its this school is that its pupils are anal pleasure, because "it washes School differ from this view because application. Established 1980.

Every description of Banking Busi- Eurasian parentage. In 1890

a educational work, it should be an or-given no prizes for class work or away from the soul the dust of they know that it must look ahead. ness transacted.

separate girls school was opened and phanage for destitute children in for games. The idea is to encour-everyday life," but it also gives to The Kowloon Peninsula la rapidly Capital (fully paid-up) Yen 100,000,000 Loans granted on approved secur since that date the two schools have Hong Kong, China, and Japan. Mr. age all boys to work for work's sake the listeners the same pleasure, developing, and I am sure that in Reserve Fund .Yen 108,500,000 || ities.

been run separately... Special facilities for Home Ex-

W. M. B. Arthur and his wife were and for the honour of their school thus uniting the singer and the ten years time. what is now con- change.

appointed master and matron of the and of their country without hope of listener in one barmonious spirit. [sidered by some to be too big a SHOU J. CHEN,

School in July, 1870, when it con material reward. I am glad to learn Very true and ange is the remark building will be found to be in- Manager.

tained 28 pupils.

that this system has proved to be of Mezzini that "music is the

(Continued on Page 3). harmonious voice of creation-one successful both in class work and in games.

Canton

Nam-Diah Singapore Djibouti Neumea

Thanhea "Fort-Bayard"Papesto ~Tjontain Haiphong Peking Tourano Hankow Puom-Penh Vinh Напо

Pondicherry Yunasafu DANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Para-Bas Credit Industriel et Commercial; So- ciete Generale.

Safe Deposit Bonam (Tadaan aluss) aťa guarly Rattal of span, 5 10 $40.

LOOK POONG SHAN,

Chief-Manager. Hong Kong, 19th February, 1927.

THE BANK OF CHINA. 行銀國中

IN LONDON: The National Pro- vincial & Union Bank of England, Authorised Capital Ltd.; Comptoir National d'Escompte Paid-up Capital de Paris; Credit Lyonnais,

IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor- poration; Guaranty Trust Co. of New York.

Interest allowed on Current Ac-. counts and Fixed posits according to arrangements.

Every description of Banking and Exchange Business transacted.

Safe Deposit Boxes to let

A. LECOT,

Manager. Hong Kong, 1st May, 1920.

I

·Head 'Office:—YOKOHAMÁ.

Branches and Agencies at: Alexandria

angoya Newchwang New York Osaka

Batavia Bombay

Buenos Ayres

(Temporarily

closed). Calcutta

Graten

Changehen

Peking

Rangoon Elo de Janeiro Saigon

Бал

Francisco'

Dairen (Dalny) Fongtion (Mukden) Seattle

Hamburg

Hankow Harbin

Hong Kong.

Honalels

Kal Tuen Karachi

Hobe

London Los Angeles

·Manila

Semarang

Shanghai

Shimonoseki Aingapore Boorabaya Sydney Tientela

Tokyo

Tainanfu Tsingtau*

Vladivostok

mporarily

Nuberest Allowed" on › Current, Aco fperatap

Deposită racetrod for fzéd foda

ito be obtainad application

ong Kon

Reserve Fund

HEAD OFFICE: PEKING.

HONG KONG BRANCH: 4. Queen's Road Central

THE BANK OF EAST ASIA, LTD. HEAD OFFICE: HONG KONG. 10. Des Vosur Road Central), Hoa: Kong.

Authorised Capital

Fald-Up Capital Reserve...

.$10,000,000 5,000,000 1,500,000

BRANCHES AND AGENCIES:- Batavia Melbourne San Francisco

Bombay Nagasaki Seattle

Calcutta New York Seniorang Canton Osaka: Singapore Haiphong Paris Bourabaya

Honolulu Peiping. Bydney? Kobe Fonang Talpen Kowloon Rangoon

Tiantain

London Saigon Tokyo Manila Shanghat

Correspondente in si principal elties if the world,

Every description of Banking and Exchange business transacted. Loans granted an appÓÓ

BAFF DEP

Previous Chairman

As the oldest member of the School Committee now in the Colony, I should like to take the opportunity

In Janu-

Fine Record The school has in the past depend- ed entirely for support on. Hong Kong and other places in the Far East. It is a Colonial Church of England; school, but it has received no pecuniary support from England. Its financial position has recently beon embarrassed by the troubles due to the auti-British boycott of 1925, whlok came upon the school shortly after work on its new pres mises, wherein we now stand, had begun, and which resulted in de preciation in value of its former afte and a loss on the sala thereof, In- clading Interest on loans, amount ing to no less than $178,000. But, having regard to the fine record of the school in past and present achlovement, I cannot doubt that the Colony as a whole will rally to its eapport and will see that the funds

FITNS

velopments in all directionE

Looking Ahead

a matter for general regret that the With such results to show, it is School is now in financial difficul- ties. It finds itself in this position

AN BOYS ECHOOL The Huli.

÷