1954-11-06 — Page 3

Page

Interesting News Stories

THE CHINA MAIL, SATURDAY, NOVEMBER 6, 1954.

From

All Paris Of

HE STARTED HIS BANK IN SIDE GLANCES

A SALOON: TODAY IT'S THE BIGGEST IN THE WORLD

San Francisco.

On October 17, 1904, a farm boy of Italian descent who had made enough money to retire at 31 opened the "Bank of Italy," in an old saloon building near the San Francisco waterfront.

The bank he founded, which had celebrated its 50th birthday, became the gigantic Bank of America, the largest, richest and most revolutionary private banking organisation in the world.

His name was Amadeo Peter Giannini.

Handy

town of any size in Im school savings programmes,

"Christmas Club" California is without Its Bana

Juga plana.

suvings of Amerien branch The bank's | aevounts and In "taxtime" sav- operatiorm have intuenced the business und Ananelal growth of the entire Packle voast And the bankung YeeBug

from the impo

arn

world is

เป

ap

Chisonini's unique method

Giannini diri ve year

The bank by mpanised to rater to the needs

at the age of 79

of the unite fellow" has nyer $4.000.000 N

E

Landing at $20,000,000

111

National Cab

J'

14 Ebatak

+3

ad'

11)

Look 1

New

Aupta

**

. . .

in London,

in t'abaton Mantha, Tokyo, Yokadonn Kobe and maintain, i presa Mate fis on in New York, Pain, Milan, and Zurich.

Pioneering

The bank has Fathered inore

nc-

bad foreseen it and accumulated

large gold reserve,

A.P

oct

ns Giannini was coll- ed, retired in 1930, soon after the Bank of Italy had purchased Gilnonini, who was born It

New York's Bank of America San Jode, Californin, the son of and adopted that name. Ho an immigrant father, had

also

the Trans- formed cumulated $100,000 in the pro- America Corporation as a hold- duce business in hu 20's. 11c

1911 company control

10 retired at 31 to live off a $250 banking empire.

month income from us in- vestmeads, woy log he did not want to be anty ncher.

וי

No man netually owns fortuur; It owns him," he said,

Policies Annoyed Him

Bot while serving as a drives ftutu『 a small San Fran is batik, he became 50 unnoyed with its policies he decideri start his own bank. He was 31. by borrowing from cela- lives and friends he managed tu pen the "Bank of Italy with a

capital

of $150,000

By advertising and high salesmanship, pregabe

"firsts" than any other Brans saloulaged the city's Initiation. It led lase building loans repayable monthly Installments, THE financing at low interest rate,

Reunited After

24 Years

Sacramento, California.

A

which Tradition

non

bound bankers, Giannini up a thriving business

TREers and labourers of San Prancisco's 11ann Colony often lent money

on dvbiful

ury that Ло other bank would touch.

San Franelso'

carumquake

and fire in 1000 left the Bank

of Italy building 12) Guumini retrieved the bank'

and currency from the debris hauled

The streets it through hidden under heaps of veget ables in a wagon. He buried i in the garden at his home until the inhal panic had subsided.

second taty

earthquake, while other bank

were wringing their hands

Confusion, Giannini

CTN

Besides being grant loans to wage signature besis, bank was the first purchases of cars.

the

the Arst to corners on Clanatai's

to finance

While the Blank of America

res and grow, thamil stuck by his resolution not to become millionstre When he died in 1940. Bee hoff 451 $600,000

Daited Presa,

inte of

Gey, 1964 by NEA Bernice, but i hop us a ca

World

By Galbraith No Springs In

10-5

"It's only a pormit to play football, dad—not half as dangerous as riding around in the car with mom driving!”

HIS JOB DEPENDS ON

A SENSITIVE

NOSE

Cognac.

Raymond Fillioux is a man who couldn't hold his job if he didn't

have a sensitive nose.

VERSATILE

MIGRANT

and in the He tests brandy, Cognac country, his fraternity live by the nose; also the tongue.

through His job is to sniff samples of brandy, bridging his nuse across the rim of a glass, Into and then dip his tongue the brown liquid.

There are 150 cognac Arms

cren and each has a "technical director," known

grand

Montreal. English-born Sybil Scott hos

the in this

so-called who

13

ה!

managed to gain quite a unique tereputation for herself

five years since she has been in Montreal.

Sacramento gardener in who says he was declared opened" his bunk-sitting legally dead years ago at hind a desk on a debris-littered Laporte, Indiana, was ro. street, lending money to rebuild homes and restore business in- united recently with the

ventories He kept records of is hig woman he believes

emergency loans mother.

"calamity day book" and said later every loan was repaid. The gardener, who says he is

༣༣༤༤༤

in The time Raymond

Deebles, 49,

to go ahead Walier

he

once observed, Mrs Harry H. Schultze,

fellows the lic suld

other 49, Jackson, California.

aren't doing much."

visited

had sought her for 15 years. Beebler ald a transient killed Laporte in the tran at

burns!

by t

Wats

it5

Herhler But Mes Schultze never up her belief a mistake made and her son really

だい

Win

ihe

business,"

"is when

in

Large Gold Reserve

The blonde, pelite Miss Scott who was a civil scrvant in England-sturted off by selling dresses when she dist arrived the city. She thought it In would be a good way of brush- ing up her French.

With that

done. Sybil decided to tackle a different sort of job, She joined the handful of Canadian women who sell cars. And she's doing a terrific job,

her employers, But that doesn't occupy all of Miss Scott's time.

She also

és

A

his

master.

And it is his job to accept or reject samples of the pro- duet whith

come under no8e. But that is only a part of his job. Later he must blend them into the harmony of taste that will be acceptable to his firm and will hold constant through the years.

u

Raymond was born and bred to his trade. He is proud of the fact that he is a fifth genera-

tion

taster and મ

farmers and distillers come with samples.

in

This New Electronic

Watch

Montreal. Fronch and American watchmakers worked

for

five years to take the tick out of time. The result can be on your wrist next year -If you have £83 to's

spare.

That is the estimated cost of; the prototypo, an electronic watch for men in solid gold. But the makers say the price will fall, until in

10 years

time

an electronic

than

watch will cost less

a good automatic watch. The watch made its Canadian debut at the French Trade Fair recently Heldi

Montreal. The ba

basic fact about it is that it has no springs and needs no Winding Un- this watch was produced, a watch without

springs was like a car without gus would not go.

Than

former

artillery engineer, Dargler De St Vaultry, who had worked with the electronic fuse, said to a man named Lip that he did not see why they could not inake лn electronic watch.

A FREE HAND

M. Lip is the head of France's largest watchmaking firm. He gave St Vaultry working facili- ties and a free hand.

An American 11m WILS Also known to be interested in the

iden, The two firms agreed to pool their discoveries.

The watch they produced has

A tiny motor and a battery the size of a

a coffee bean. The bat- exy vulises

sts 30 per cent of the

car

energy It generales. A battery can use only 10 per cent. The electronic watch is prac. leally silent. Instead of the familiar tick. It makes only # very faint pulsing sound.

A

"You have to do it this way,"

It needs no attention, except he said. "You have

a very light breakfast. Your stomach for a change of battery every is almost empty.

two years. And while oven the

watch best

have springs "You can't

because margin of error in telling the do that would

something to time, the electronic watch is 100 your taste buds. I must be per cent accurate. Intellectually ready to judge | with complete objectivity."

you

smoke

The job is something

are either bom with ecquired only from long perience.

can tell me,"

that

TINY WINDOW

Although it has no knob, the

or watch can be stopped and the

ex-hands moved by tuming

B

window

趁

black

gadget in the back. When the watch is going a tiny "My nose

he in

Its face shows said, "if the gropes that go into indicator, When it is stopped, the brandy were properly tips. {u red indicator appears. I'm hard to fool I can tell with my eyes closed, and using daly my nose, if the brandy distilled slowly enough."

•

Was

and

watch-

The French company's export manager M. Joseph Chaland says the principles of making had not changed for 450

was developed. years until the electronie watch

samples He picks up sniffs them like a dog about to sneeze, and then lets a little of his Across completely the brandy Fun

There had been improvements, like the invention of the un- dependent on his sense of smell. tongue.

A taster

something "I never," Raymond said, breakable mainspring and the

from "wallow any

the prin of the stuff in shock absorber but grape testing."

ciples remained the same.

The Bank of Italy opened Us Best branch in San Francisco in

Ala first out-of-town manages to do quite a bit of 1007, branch in 1009 at San Jose. The fishing (her best catch: 2-2 lb. was alive.

on the side, writes like this: each morning, They last ut in 1929 Then fant unit prka weathered the trout) and

because Giannini | children's stories.-Untica Press, about 10 until noon,

fur yours, Bechtler naved from panic of 1907 city to elty working at odd jobs and Mrs Schulze moved from

town to town with her husband,

highway construction

(t

con-

tractor. They lost track of each other.

Mrs

After their reunion. Schultze said she wants more proof the gardener is her son.

They met through the efforts of Jerry 1 Reynolds, a Sacra- mento reporter. Bechler caight

In locating Mrs up Schulze-Unitde Press,

had

works

THEY RECEIVE INSECTS GALORE BY MAIL!

Washington.

This is the season for spiders, the Government bug expert said a little sadly.

Should Women Become Air Force Pilots?

Ottawa.

Airwomen at the R.C.A.F. station at St Hubert near Montreal were asked if women should be trained as Air Force pilots. Only two gave a un- qualified "yes."

The poll was made by Colonel Bying?". She said if she had to

flying Esther Gardner of Air Defence choose between Command Headquarters at the marriage, she'd pick flying. station. Eight of 13 airwomen Sgt. Kay Duney sold questioned were doubtful and suitable type three replied "no."

selected who would plan

of woman

if a was

ort

*

He said that on day a tester smells

about 60 samples.

The electronic watch, pro

an average tected by 27 copyrights, 15

and tastes alrendy In mass production

though not yet on the market,

After he enters all details in It is expected to revolutionise

his work sheet, he goes home

to a typient French meal cooked in the traditional of the cognac aret. Then he opens a bottio and pours the contents into glass.

"Only time in the day that I ever take a drink," he added.

United Press,

the industry-United Press.

New Commissioner Of MacDonalds Is An American!

Islo

of Skye. An American member of the clan MacDonald today was

People find spiders around banish the worry for most of the house. So they wrap them them. Only about a third or a up, generally not too well,' and half of the people who think rhip them off to the Agriculture termites are chewing up their Department to ind out What houses actually have termites, One Cook Too Many named And Toschachsdeor" or they are.

A little earlier it was Aca season. In mid-summer it was Japanese beetles. Before that it

was termites.

Dr Clark said.

Tel-Aviv

to cook."United Pres

United Press.

High Commissioner of the famed Scottish alan. In the autumn, puzzled people

Lord MacDonald, of Mac- Asked by the judge why he

elpn begin malling in deas for identi- neation, wondering why their was suing for divorce, an irate Donald, Chief of the

husband declared: When I announced from Armadah Castle homes are full of small, biting married her nine years ago, she that he has granted its com- creatures. The answer, general-

as Ard Trschachsdcor They como in envelopes, iy, is that two weeks before the brought her mother to live with mission

us as a cooking teacher. My to his senior endet in the United boxes and jars and they wind ficae begin biting, John Citizen mother-in-law is still with us States, Reginald H. MacDonald up In the FBI of the Insect and the family leave on vacation but my wife hasn't learned how of Pittsburgh, Pennsylvania world, tucked away in the big, und check the family dog in at rambling Smithsonian Institu- the nee

neighbourhood kennel. In tion here.

the empty house, the fleas that normally nibble at Fido got The staff is composed of 26 hungrier arkt

and multiply. They Agriculture Department and

greet the returning family with Smithsonian Insect specialists the enthusiasm of a starving and 24 aldes under the direcman rushing a beefsteak. tion of Dr Paul W. Oman of The results of the casual poll making a carcer out of flying. Dr J. F. Yales. Clark of the for experts because

the Agriculture Department and

Insect Identification is a job were published in the latest issue she would be an asset to the

there are Institute of the "Roundel," the RCAF. R.C.A.F.

82,500 different types in tho service magazine.

But it literally serves the United States alone and millions Flying Officer Barbara Grün- lund said "some airwomen would L.A. W.'s Dorothy MacKay, world, though is malin job is more in the world, no doubt male successful flyers." Rachel Dusablon, Barbara Cot:le identifying insects for American Sergeant Helen Rooke felt that and Violet Andrews and Cor-research and health officials. Slight Difference "qualified women flyers could be poral Maria Duleta were ques- enlisted as Byers on a trial basis tioned next. Their spokesman, tion unit, will obligo anybody The difference between an and used in air transport."

Dorothy MacKay, said "we cer anywhere who sendis in Corporals Dolores Peck, Agnes tainly believe that

Dinsect causing millions of dollars some air- specimen of Д bug, preferably in damages Weston and Julie Chechotko all women could become

annually and his good packed in a

a vial of rubbing perfectly harmless thought the Air Force would pilots!"

cousin may alcohol. Most insects mailed in be so 'slight that it can be," ɖo« financial beating if

LAW. Mary Honeyman re- by private citizens turn out to tected only by a scientist who training of women flyers were garded the idea of the RC-A.F. be common farms and household had spent years studying single started They Tex that women training women pilots as "an pests, and veteran specialists branch of the sect kingdom. were not emotionally stable excellent one." She was sure have found a' sonsanalți pattern enough for flying chiling

Perhaps Some

Dr Oman's Insect Identifica-

it would be well worth the in the requests for information State and local health offour wir suspect insecta of male in

time and money Invested.

Warrant Officer Sidney Hard-

"Only One N Corporal Weston told Follater Gartner that only praying, the only man to whom the

woman on this station"' Would

question was put, Was quoted

Termito Season.

Spring

enfch

Vrood plot That Was that a woman's place is in the saying he "firmly believes Woman Helen Smidy home and certainly not in the Ner matie opinico was cockpit. He thought that it wh

plane were beyond a woman's hoops and that the average wopean could not become a su

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