1923-03-06 — Page 5

Page

CORRESPONDENCE

THE EDUCATION OF BRITISH CHILDREN.

เ HONGKONG TO THE EDITOR OF TUE

DAILY PRESS."]

+

SPRAN

THE HONGKONG DAILY PRESS, TUESDAY,

AFTER TWO-AND-A-HALF YEARS.

-

MARCH GI¤, 1998.

SUPREME COURT.

CHINA SPECIE BANK'S AFFAIRS.

WINDING UP ORDER,

the influences the Foreign boy too often encounters in our trading centres are: pernicious and prejudicial. It is no EMBEZZLER BROUGHT TO BOOK, argument to contend that these influences

In 1920 sums of money, amounting in ars to be found the world over, and that even schools in England of established all to over $4,000, were embezzled from

pån order was made in the Supreme reputation are not above reproach. The the firm of Messrs Gande, Frics and Co.

Court by the Chief Justice (Sir William HIB-The British Government has facts remain that vice is easy and cheap Ltd.. Queen's Road by two of their

Rees Davies), yesterday for the winding These two nen, -named announced that the balance of the Boxer in our erowded settlements, and that employér,

vicious Indemnity-a sum of over £11,000,000-is entharkation on

career is Cheung lu-chi and Ip Chan-koug, a shroff up of the affairs of the China Specie

Bank, Ltd. It is and a "bill-clerk respectively, absconded, ara facilitated in the Treaty Ports. to be spent

purposes that "mutually beneficial" to the two not right, and it is not fair, that the and no trace of them was found until nations, and various suggestions have growing lad should be exposed to such recently when Cheung was arrested on a

to such risks, both warrant, already been put forward-both in influences and Lindon and in Chinn-as to the heat and physical and moral. wish methods of expending the money.

The order, was made after the heating, of a petliion for the winding up of the Bank, put in by the General Exchange Yesterday afternoon he was brought Co., Ltd., of Ice House Street, Hongkong, Apart from the moral issue involved, before Mr. R. F. Lindsell and charged a creditor, It seems probable that the greater part we are all probably agreed that in really on four counts with embezzling sums of The China Specie Bank was stated in of the ladenuity will be assigned to successful education--using that term in

money during the month of July, the Petition to have been incorporated. it widest sense good climate and a

September, October and November, 1920 unkler the Companies Ordinance of projects for educating Chinese students.

He would be a bold man who asserted wholesome environment are factors of amounting to $1,203.30, which had beet Hongkong, 1911-15, on the 20th March, today that the education on British | very great value. Hence it is extremely received by him on account of the firm. 120, the registered offers being at

lines of natives in the dependencies of important that such a school, if ever en- tablished, should be situated in the best

The Empire-, in India and in Egypt has been an unqualified success, an mixed blessing; and it remains to be jiroved whether the experiment will be more successful when applied to Chinese youths.

for

However that may be, one has not yet

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Mr. C. A. S. Russ appeared to defend Duddell Street, Hongkong. The nominal: climate obtainable, in open country; re and plead guilty" to all four capital of the company was £1,000,000, mote from populous centres-preferably. He added that there was (sterling), which amount was divided into thing to be said for the defendant, who 200,000 shares of £3. each. The amount the sen

41

sun being $129,652.77 deposit on current

A twentieth part of the Indemnity wit rather secondary party in the of the capital paid up is £120,000. would be sufficient to build. equip and matter, the main mover in the embezzle Petitioners claimed that the Bank wa maintain the suggested public school, in-mout being the other man, In Chan ko, indebted to them in the sum of $139,659.77 ticed in print & saggestion that a small clading an endowment fund to pay thein bill clerk to the assistant cashier of the for current account and overdraft, that proportion of the Indemnity might be set salaris of the staff. There might be a firm, who had absconded and Hd not suficient balance to assist necessitoun been found. The defendant collected aside-with-advantage to both nations-

the proper education of British mixing scholars to a university career in them over direct to the cashier. Instead

parents and/or to help the more pro these acounts and he should have paid account, and 810,000 Exed deposit. They

hildren. On the contrary,, we meet Britain. There would be no need to of doing this he paid them over the people-Britons, at "that-who tell us pauperize in an educational sense the bill-clork. The defendant knew that that, while it is highly appropriate that local British public, and parentk should the whole of the Indemnity should be

of was not doing right, and in consequence. be expected to pay the bare cost spent on Chiness, students, it would not board say, about $3000 per anuum. The he received a fair share of the" profits, be mutually beneficial" if a fraction education offered would be cheap, but amounting to about $400. If this man Ip no matter how small-were to be reserved that should not react unfavourably on the had not started the embezzlement, the

for the education of British children- our merchants and mercantile assistants of the future.

ル

Truly, Sir, we are remarkable people!

W

of a tone

defendant would not have been in the school, for, fortunately, character and cash are in 'no way box It was, only at the instigation of related, OT Allied. Under existing the other man that he departed from the conditions, to preserve the tone of the straight road. school, Eurasians should be excluded.

be made for their beneft.

Mr. Russ then read a statement maile

bad applied to the Bank for payment, and the Bank had failed to pay. They submitted that the Bark was insolvent, and unable to pay its debts...

The assets of the Bank were set down as follows:-

Money on loan, $200,000, (estimated to

produce $100,000).

Investments in share, $318,000, (now

estimated at $173,000),

Landed property, £230,000.

In Shanghai the company's loans, ad vances, and overdrafts were esti mnted to produce 8o60,000.

This made the "total assets #813,000. Under the circumstances the petitioners contended that it was just and equitable that the Baak be wound up.

tention to oppose..

*

But it is to be hoped that the Britons Sure Labouring pader a misapprehension, Perhaps, other arrangements could be by the defendant to the police, in which the defendant said he suspected the bill- and that this powers-that-he will recog

An alternative scheme to the one out clerk of not going straight, as he was ize, in principle, the wisdom and justice of assigning a fair proportion of the lined above would be the creation of living beyond his means, He taxed him Indemnity to the education of children scholarships on a large scale to ship toys about it and the bill-clerk informed. him

Mr. Elsley Zeitlyn, instructed by M British parents domiciled in China. in batches to the "Old Country." This that he was using the Company's money.. 1. submit, Sir, that the assumption that scheme would be objectionable for two For keeping quict, the defendant was to K. Hall Brutton, represented the

share in be done for British reasons, (1) It would be far more ex-receive

the profits from Petitioners. something will

the bill-clerk was

Mr. "Zeitlyn timated to His Lordship children is justifiable and reasonable, Pensive at least three times as costly; specidations which In that event, how should the funds so (2) The separation of a boy from his carrying on.

Mr. Russ said that the that the petitioners had received no phtained he expended for the greatest home, for years on end. at a time in firm would be satisfied with light notice of any, opposition, or of say in- life when bome influence is most needed, sentence, which would serve as a warning for an order that the Bank bo wound up He had petitioned good of the greatest number)

while the to other employés. He pleaded. for During the Great War the British educationally unsound

on the ground that it was unable to pay: Goverument was perturbed by the extezt greater need is for a school for senler

leniency. it would obviously make for In reply to the Magistrate, Inspector Justice Gompertz appointed the Official ite debta On the 10th February Mr. and the results of German influence in boys, China, and instituted enquiries into efficiency if chat school had its us Fincott said that the police would be Receiver as Provisional Liquidator, and The juestion of British educational preparatory department in separato

on February 13th the Official Receiver enterprise in this part of the world. premises, and a comprehensive scheme quite satisfied with a light sentence.

The Magistrate'; I understand there is made an application for leave to employ Certain recommendations were made to would also include a school for girls in

masiderable sum of money still not Mr. J. H. Seth, incorporated accountant, "Landan, but, it would be safe to assume, a similar environment,

accounted for,

of Messrs. Percy Smith, Seth, and the documents in question were safely

Inspector Pincott replied that about Fleming, Hongkong, as special manager and successfully pigron-holed.,

of the China Specie Bank. The appli $3,000 was still missing...

His Worship ordered the defendant to cation was granted and the appointment be sent to gent for three months with made Mr. Seth had since made ar hard labour on each count, the sentences affidavit in which he stated that he had! run consecutively, making twelve investigated the affaire of the Bank, months in all

and according to the accounts, the liabilties on the Bank's capital exceeded the assets by the sum of $253,814.G8. HONGKONG PHILHARMONIC And in his (Mr. Seth's) opinion, the

Ip 1016 considerable correspondence appeared in the columns of the Sorth China Daily News on The Foreign. Boy in China," his defects and his educa tional needs, It was pointed out that there is no seluot in China in suitable surroundings, supplying education to senior boys a typically British lines, One e. the public school system. writer suggested that such a school would inake & suitable war-memóriat. No re- sult followed.

ર

If a round ten million sterling i expended on Chinese youths, would it ba too preposterous, Sir, to suggest that it would be mutually beneficial to reserve the balance for the education of British boys and girls -1 am, etc.,

1

to HERBERT L. BEER.

Weibaiwei School,

February 22nd. 199

HISTORY OF ENGLAND.

[TO THE EDITOR OF THE HONGKONG DAILY PRESS."]

ربع

Six-It is with great trepidation that

SOCIETY.

CONCERT TO, MORBOW NIGHT.

assets would not realise the amount.set out in the account. The bank was hope lessly insolvent,

His Lordship said there was no doubt) It was in 1930, it 1 remember rightly, the undersigned ventures to correct such It is always interesting to study tho of the power of the Court to make, an that the Colonial Office appointed u

acknowledged authorities on the history different treatment given to the same order for the winding up of the Bank's Committee, with Sir Charles Eliot as

There are affairs. It was apparent that the Bank Chairman, whose task was to devise of England as Col. Harvey, the United subject by two composers. methods and schemes for drawing to States Ambassador to the Court of St. doubtless many who will remember Mr. was unable to pay its debts. The petition gether outlying parts of the Empire and James's and the editorial historian of Eric Rice's effective setting of "Full alleged that the company was insolvent, strengthening the bonds that link them Reuters Agency, but the assertion by the Fathom Fire" composed for the A.D.C.'s and Mr. Seth, no incorporated account- to the Mother Country. That Committee former that the first Prince of Wales was recent production of the "Tempest." ant of high standing in the Colony, had The Philharmonie Society are giving made investigations on the information recommended, in particular, the encour called "The Black Prince calls for ex-

"Full Fathom Five" as set to music by supplied, and his affidavit showed that agement of schools for British children inplanation.

I would point out that Edward I Dr. Charles Wood, which will be per the liabilities of the capital exceeded the Egypt and is Chind: Once more, no

formed by the Society's chorus and ("Long Sharks"), after conquering result followed,

Wales, created his eldest son (an infant)

DEFENCE CORPS SHOOT: ALL-COMERS EVENT WON BY KING'S CORPORAL.

assets by the sum of $253,000. The Bank was hopelessly insolvent, and the order

orchestra.

Schubert's well known song" Who is. John E. West, will form the second part costs,

of this item and will also be sung by the CLAIM BY A SHANGHAI DEPOSITOR chorus with orchestral accompaniment.

Mr. Rice, we are glad to see, will give pinsoforte solo-two bracketed num

At EM. Supreme Court, Shanghai, Eere (a) John Gerrard Willums Pot Skinner Turner, The China Specia last week, before his Honour Judge Sir Pourri" comprising six short pieces illus Bank, Ltd,, was sued by a depositor, Fa trative of Lavender, Thyme, Pinks,

Tung, for the recovery of Tis. 23,770, Coesia, Boses and Lilies of the Valley balance of cash deposit in his current and (b) Percy Grainger's Colonial Song

opinion in the East is somewhat in-Edward II. The latter's eldest son, who

It must be confessed, Sir, that publie the first Prince of Wales, who became Sylvia?"; arranged as a 4-part song by Lor winding up would be made, with

articulate. But today British com was created the second Prince of Wales, munities in China bave, I think, a became Edward III, and it was his unique opportunity for obtaining a eldest son, created the third Prince of typically British echool for older boys-Wales, and the first Duke of Cornwall, an urgent need, in my opinion, and one who was called. The Black Prince that will assuredly become increasingly Yours, etc., so with the growth of Foreign, settlo-|

BULL DURHAM." mcats in the future. It is a question that intimately, concerns every British parent who has a 'son to educate and

- melody written in 1911 and dedicated account with the bank, the claim stating who feels the burden and hardship of

to the composer's mother as an expres that formal notice for withdrawal of häving to send children to England for

sion of the patiently yearning, senti. this amount had been given, and defend purposes of education. It ought to win

mental wistfulness of the people who live ante had wrongfully refused and still the sympathetic consideration and the The All-Comers' event in the Hongkong in virgin countries struggling against refabed to pay... active support of all who have British Volunteer Defence Force Rifle Meeting natural and climatic hardships!

MILK Kentwell appeared for interests at hourt. It is to be hoped, was shot off at Stonecuttere on Sadday. An item which will be of much interest plaintiff and Mr. K. E. Newman and

defendante. therefore, that all concerned and in the conditions of the shout were even will be a duet in which Mr. and Mrs. terested will exert their influence in an shots and who practise shots at 200 Stanley Collett will sing Wilfred Sander Mr. A. Krisel for

son's setting of "The Voyagers" and "Mr Bentwell wae about to open his attempt to persuade our authorities that yarde, 500 yards, and 600 yards slings B. II. Walthow's acting of It was a when Mr. Hawman, pointing out that the writ had not been specially the reservation of a small proportion of and wind, gauges were allowed. The relover and his lasa

We believe that we are correct in endorsed, asked for pleadings ***** the Lodemnity for a school for British sult was in doubt up to the last mamate

Lance Corporal Balmforth, of the King's stating that since 1614,, when the Society boya is both reasonable and just...... was the winner eventually, his scores uk into oblivion, bero, have been no His Lordship observed that applications No British schoolmaster in China, who being: at 200 yarda, 271 at 500 yards, 33 choral works perfostand by local talent for summary judgment, must be made is worth his salt and who maintains at 600 yards, 32, total 92: Corporal and we look forward to hearing the carefully and accurately. The writ was C. Goodman, of the Defence Corps, and Society a first concert ence its revival în intimate personal relations with his Captain Quinlan, of Stonecutters staff, November of last year. All success to it not specially endorsed, and he must make

the ustial order for pleadings. papila, will deny, if he is candid, that each cored 91.

in its venture.

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