1910-01-17 — Page 3

Hongkong Telegraph 港電新報 士蔑新聞 All

Intimation.

Powell's

THE

FURNISHERS

are displaying in their

Show-rooms the latest

THE HONGKONG TELEGRAPH MUNDAY JANUARY 17 1910

Intimations..

HONGKONG HORTICULTURAL

SOCIETY.

* ANNUAL SHOW,

Tint on weld on the 8th, and eth of March THE FLOWER and VEGETABLESHOW

·

in the Botanic Gardens.

Intending Exhibitors should send their Entries to the Hon, Secretary pos later than zat March.

Caples of Ruler and Schedule may be obtained from the Hon. Secretary,

L. GIBBS, 6, Beaconsfield Arcade. Hongkong, 15th January, 1910.

Tros

I'

EDUCATION OFFICE.

No, 28,

TT is hereby notified that His Excellency the Governor bar been pleased to fix the following amended rates of feer, payable by all pupils other than free scholars, in the under- mintioned schools. These rates will come into force immediately after the China New Year holidays —

.

HONGKONG AND SHANGHAI BANK

ANNUAL DINNER.,

The third annual disber of the Hoogkong and Shanghai Backing Corporation was held on December 16 in the Empire Rooms of the Trocadero Restaurant under the chairmanship of Mr. C. S. Addis, Sir Robert Hart, 0,¤œa. occupied the seat on the Chairman's right, while Count Mutru, C.v.o., sat on his, left, There werd in all about 150 presupl

"THE BANK."

Public Compantes

TION-COMPA)Y, LIMITED.

ORDINARY MEETING of SHARE- NOTICE is hereby given that the NINTH HOLDERS in this Company will be held at the Company's Offices, Victoria Buildings, 'on. TUESDAY, the 25th January, 1915, mt. 11.30 o'clock for the purpose of receiving the Raport of the Directors together with a Stats ment of Accounts for the year coding: 3181 December, 1909,

slty affairs iware, conducted with mors of the the other recollection, which is paramount, is prompt and practical methods of busineus!] that there were no bould that ship a numbat (''ear, hour.} | 1: kaow I shall be told that a of copies of "Blackwood's Magazine" which university training befits a man for the drud contained articks on the subject of bank-THEONGKONG LAND RECLAMA gery of business.. Well, i think we make too log, and specially on the highly meri. much of the drudgery of business. Is there torious character of Scottish banking na com- anything peculiar, anything abnormal about pared with any other kind of banking t? Is there anything in this world worth the in any other part of the world. (Cheers.) winning to be won without drudgery? Can And I absorbed these articles; they fascinated I had never had a banking account in my You point me to any profession, any science,me.

by art, in which drudgery is not the price of mastery? And am 1, to be told that the liberal education considered indispensable ́in the one cars is to be regarded as of no value, way, even as a positive hindrance in the other „I'refuva to believe it. 'Béllero me, the nature The Chairman, who was granted with cheers, of drudgery in everywhere pretty much the submitted the toast of "The Bank in the same, and everywhere it ylalds up half its following terms:-Gentlemes, at the frit of diam to an intelligent attempt to dlicover the ibase annual dinners, the Chairman turned to meaning which underlies and explains it. Nor me, as he rose to propose the toast I am about will it de to justify the old systems by the to commend to you, and asked, "What is the eminent men who were cradled in it, as if their Bank?" Certainly no one was bettor fitted to access ware in couerquence and not in spite answer that question then be who himself had of their early training. I quite agrab it is not laid well and truly in the past the foundations a question of knowledge, but of capacity. No of the great institution we are met:to.celebists. De doubts that a School Boord-boy of native tonight. (Hear, hear.) Hut I suppose the idea and threwdness will prove more than be wish to convey was that, after all, a bank lsmatch in the practical business of life for the

The toast of "The King having beer cordially drunk,"

|

life, (Laughler) I had only an account with the Compradore, which was gosorely ovezi drawo-lood cheers and laughter);, but it appeared to me that, if a suitable opportunity occurred, one of the very simplest things in the world and one of (he wisest would be to start a bank in China more or less founded upon Scottish principles. (Chears)

"The REGISTER or SHARES of the Com- pany will be CLOSED from WEDNESDAY, 19th January, to TUESDAY, 19th January (both days inclusive), during which period no transfer of Shares can be registered.

By Order of the Board of Directors, *

MOWBRAY S, NORTHCOTE,--

Secretary, Hongkone, 12th January, Igto

'THE WEST POINT BUILDING COMPANY, LIMITED.

(100

TY-SECOND ORDINARY MEET- -ING ‍51 SHAREHOLDERS in. this Con- pany, will be held at the Company's Offices, Victoria Buildings, on TUESDAY, the 25th purpose of receiving the Report of the Direc tons, together with Statement of Accounts for the year ending 31st Decembar, igog

Qeen's Colle: ... Five dollars ($5) per méssem something more and other than the sum of professor whose learning, has served but to receive in bis cabin a private communication January, 1910, at 11.45 clock M1 far the

Saiyi gpun Dis

trict School:

(4.) Pupila ina

tendance priar to September,” Iço0...........Three

(b) Pupils Joib.

Four

ing in and af. ter September,

(54) 1920...... Yaumati District

School Three. (53)

School........ ...Three (53) Bel.fios Public School (English nad Chipete Sides).Ope

designs in COPPER & District

BRASS FENDERS &

KERBS.

Complete in Suites

WITH

BRASSES and DOGS

or

SEPARATELY.

COAL VASES

AND

LOG BOXES

IN

BRASS & COPPER

STANDARD

LAMPS.

HEARTH

COMPANIONS

AND

FIRE SCREENS

FIRST FLOOR

ALEXANDRA

BUILDINGS.

January, 1909.

.(51)

E. A. IRVING,

Director of Education.

Hongkong. Tilb January; 10JQ,

JUST LANDED :

The well-known and famous brandy

Bisquit Dubouche

& Co."

SC

XXX Very Old Fine V.O.C.B. Gnaranted 20 Years

Old

Per Bol,

$2.50

5.50

men who run it, and it seems to me a

That was 'a

correct prophecy so far as the seclusion was concerned, But what about the profite? (Laughter.) I do not believe it. A wider market increases dificulties, but it also multi- plies opportunities, and I am confident that those who are to come after us will know how to take advantage of these opportunities and to turn their necessities, so glorious gain fabric fcredit fashioned by the patient, I bad almost said the pinus, ardour of those who have gone before you is passing into your hands. What are you going to do with it? Is it destined to dwindle in nerveleus fingsts, or be sited aloft by strong, young aims to still greater heights of beneficient power? Those are the questions the years will bring, and, knowing yours I do, I cat got doubt what your answer will be. Gentlemen, I ask you to charge your glasses and to drink the toast of "The Bank,"

Gentlemen; a great Inboritance, 6. mighty

The REGISTER of SHARES of the Com pany will be CLOSED from MONDAY, January, (both days inclusive), during which the 17th January, to TUESDAY, the ath period no transfer of Shares can be registered. By Order of the Board of Director, ES

A SHELTON HOOPER,

.

Secretary,

Hongkong Land Investiment and

Agency Co., Ltd. General Agents for the West Point Building Company, Limited. . (85. Hongkong, 8th January, toto,

THE CREATION OF THE bank, The idea must have lain latent in my mind. for several months or perhaps for longer, bus at all events the crisis arrived in this shape. One day a mail steamer called the Ottawa arrived in Hongkong commanded by a man who is well known in China, a CaptainOTICE is hereby gives that the TWEN Eastleigh. I west on board, as usual, to trans- net my business with the captain, and siter i bad heard all he had to say he invited me to

of a most momentous character. This was to inform me that the good people in Bombay bad recently started & Royal Bank of China, that they had appropriated to itemsolvas two-thirds or three-fourths of the share capital, but that they were going to send an ambassador on to China immediately in order to distribute the one-fourth or one-third, their remaining capital, to create a Board of Directors and to earn all the profits out of the local community throughout China. My friend Capt. Eastleigh said this was a golden opportunity for me, that I might obtain some of those shares if only paid proper respect to the expected ambassador, that I might even hope at some time or other to arrive at the position of a Director of the Royal Bank of China. Well, gentlemen, I reflected a good deal on the subject. I thought to myself that

were so lacking in public spirit that they would submit to a Bombay enterprise.coming along in this undignified position-I thought they would doserve whatever fate might befall them. Butthe result of my cogitation was that, inasmuch as I' knew what we had in China many thriving and prosperous insurance companies founded upon the basic principle of co-operation among our. selves, I thought we ought to endeavour to create a back of our owd on the same princi-pany will be CLOSED from MONDAY, the plot, and that very night I wrote the prospectus in the archives of the Hongkong and Shanghai Bask. (Cheers.) The capital was only five millions of dollars, a highly modest sum when we think of the position of the Bask today (Cheers.) I took the prospectus next day to my friend Mr. Pollard, who was at that Ums the most eminent couovel in Hongkong, and i said to him, "You may make a business of this." He saw it in a glance, he saw a fee of ten thousand dollars immediately-(laughter) —and he took the prospectus' round to all the loading firms in Hongkong, núð with

its composent pills, and that a speaker muddle his brains. But can anyone doubt in liable to be betrayed into confation, of that, given two men of equal capacity, the thought if he fails at the outset to establish advantage will lie with him whose faculties some kind of relation between his conception have been the batter trained P (Chaeri.) His of a bank and that of his audience. He may three or four oxir years at the university will Sooner or later be will be speaking for example of the bank in theo bave been lost, abstract as a factor in production, or as an ele Overtake the start gained by his contemporary, meat of the division of labour, while all the who has co straight from school to the office time his audience may be picturing to them dask, and, to the end, he will gain enormously when in the higher broches of his profession selves a body of shareholders who have as- sociated their capital for the purposes of probi, he has to tackle practical problems in the or, again, they may be regarding the bank to light of principles acquired in the schools, the concrete, from the point of view of admini. Well, gentlemen, yon have been good enough stration, and saying to themselves that a bank 10 let me hare my say "Who is wise and he is what the execu ive makes it. These are, of ball understand these things? prudent, and course, only different aspects of the same truth, he shall know them?? At one of the last and it does not seem unnatural that it should meetings of the Bank in Hongkong, at which be the lost which appears to lend itself to Bir Thomas Jackson was present af chief froy special emphasis on an occasion like the pre-manager-(load cheers) the Chairman lament

seat, when members of the bank stuff past, pré-ed the passing of our day of "profitable seclu-f the people in Chind were so unpatriotic, Font, and looking at the youthful faces before me, on," gone never to return. I might add, falare¬(hear, hear, and cheers) are assembled together in social intercourse to fight their battles over again, to revive old friendships and to plant the seeds of naw, to exchange the experience of East and West, to learn from the wisdom of age, and be cheered by the sallies of youth," (Laughlen) It is true that a bank is no stronger than the salutary thing that those-by far the larger portion of my audience-who, are in train ing for a banking career,.should have this annual opportunity.of marking the solidarity of their profession, and of learning to magnify their office The future is with the young, No one, least of all those who have grown.grey in the service of the Bank, will be inclined to underrate the difficulties ahead or to dispute that the problems confronting the coming banker are in their mature wider, subtler, more complex than any with which is predecessors have had to deal. To take 47 Daly one print. Consider the amisping

"THE STAFF AT HOVE AND 'ABRÓÁÐ," development in jur own time of the means of Sir Thos Sutherland, C.M.; who was communication." in the heavens above, on the greated with load cheers, proposed "The earth beneath, and in the waters under the Staff at Home and Abroad," He said: It is earth (laughter)-how it has in effect dimin- not altogether without, I think, a certain ap. ished the superficial area of this habitable globe,propriateness to more than one sesso that contracted the ends of all the earth, and merg ed the satrapats of the world to one common market with si the attendant strain and intens sity of cosmopolitan competition. I want to emphar'z:"his point because I am persuaded, and I should like, if I could to persuade you, that these new craditions will have to be mat' by new methods, The old insular Hol- [94 ties will not contain the new wine of in terostions! trade. 1 costess, for my pisi, have to patience with those laudators "HINA PROVIDENT LOAN AND of times past, of the so-called practical system of mercantile education, which copalate In soatching a lad from :hool at a tender ago, sad plunging him during the most impression able years of his life-between 15 and 20-in the mechanical routine of an office. Can you imagine anything more deadening to the mind and spirit of a future captain of industry? say these old rule-of-thumb mathods will no longer suffice. Men will be compelled to re cognize that commares is bacaming, bar be. come, a science in which none can hope to ex:

AT.S0

QUINQUINA 1

QUINQUINA

DUBONNET

FRENCH STORE, Sole Agent, Hongbear, 10th April, 2009,

JAPANESE MASSAGE.

Masseur MEIJI SHA,

GRADUATE OF KOBE MESSAGE SCHOOL.

ATTENDANCE at PATIENTS' RESIDENCE. No. 174 WANGHAI ROAD, GROUND FLOOR. Hongkong, 10th January,`1910,

THE

MORTGAGE CO., LD.

(Capital Paid Ur

****51,250,000)

Loans on Mortgage of Honss Property, &c. Goods received on Storage. Advances minde on Merchandise. Loans made on the Providast System, -

(Rates and Particulars on application),

THE OFFICE OF TROSTEX, EXECUTOR OF: WILLS.. ATTORNEY, &c., Undertakan and Executed,

SHEWAN, TOMES & Co,

General Managers.

Bangkong, roth March, rool

OSMAN &

CASUM,

1 & 5, D'AGUILAR STREET

1

The tourt was very heirilly bonoured..

should have been invited to propose this toast. In the first place, I have been an. official all my life in a modest but meritorious company, in which capacity I have mude occasional excursions into banking and other complicated affair, and I have, therefore, bad the advantage all my life of knowing the joys and sorrow, the toil and the labour, and the ambition which the staff of such enterprises require, not only for their own sake, but for the success and prosperity of great undertakings such as that which we celebrate here to-night, And there is, perhaps, appropriateness in an- other senso, if I may be permitted to say to witheat andan egotism-and if there should be undue egotism-I beg you will put it upon the shoulders of my friend and colleagus Mr. Rath. bone, who has asked me to aʼdress you in these terms to-night-for only, yesterday 1 took from a drawer'in my office a copy of the original prospectus of the Hongkong And Shanghai Banking Company, and I and my name. Inscribed in that prospectus, as its

the exception of the firm of Jardine, Matheson and Co. every firm of repute and distinction at that time in Chios put their Domes down as members of the provisional committee of this Bank with its five million dollars of capital. The prospectus was sent out with the names of the provisional com- mittee. Wibin' insutkan a week the whole of the capital that we could possibly allot to Hong- koog was taken up and stood at a considerable premium. The ambassidor fromthe Royal Bank of China arrived in due course a fortnight or three weeks afterward. His name, I re. collect; was Mr. Novel Forter. He could not get anybody intake a single share la bis capit al; he could not discover a possible Director anywhere, and I need hardly tell yea that within an incredibly short space of time the Royal Bank of China was woood up in Bombay with somewhat unfortunate if not ignominious results. That is really the history of the genesis of this great undertaking. I felt perfectly confident that in due time we should arrive at great results, oven although wa bugan in a somewhat modest capacity. Those results. we witness bare to-day, those "results" wa häve been conscious of now for many yours, and they

are due to some extent no doubt to fortuitous

commencement. I refer, among others, to use

THE HONGKONG LAND INVESTMENT

N

& AGENCY COMPANY, LIMITED.

NOTICE is hereby given that the TWENTY-SECOND ORDINARY MEETING of SHAREHOLDERS in this Offices, Victoria Buildings, on TUESDAY, Company will be held at the Company's the 25th January, 1910, at 12 o'clock Noon, for the purpose of receiving the Report of the Directors, together with Statement of Accounts for the year ending 31st December, 1909.

The REG'STER of SHARES of the Com.

17th January, to TUESDAY, the 25th January, (both days inclusive), during which period no transfer of Shares can be registered.

By Order of the Board of Director,

A. SHELTON HOOPER,

Secretary,

Hongkong, `8th January, 1910,

Notices of Firms,

CHARGEURS REUNIS.

Mutual between

[86.

B partie des messageries Maritimes, and the Compagnie des Chargeurs Réunis, the HONGKONG AGENCY of the CHARGEURE transferred to Messrs. P. A. LAPICQUE * REUNIS will, from the 1st Jaarary, 1910, be CO. (Queen's Building No 4)

CHARGEURS REUNIS,

P. A. LAPICQUE & CO.,

Agents. MESSAGERIES MARITIMES,

P. THOMAS,

Agent.

* Hongkong, z9th December, 1909.

NOTICE.

appointed Mr. C. MING SHAN

(876

NOTICE is hereby gives that a bava SOLE MANAGER of our Fitm and that all receipts and other documente purporting to be made by us must bear his signature without which the same will not be recognized by as.

AH YOUNG AND COMPANY,

No. 18, Victoria, Street. Hongkong, 8th January, rora

NOTICE.

TO WHOM IT MAY CONCERN."

[84

our Hongkong Branch, being compelled- to stay in Europe on account of family matters,

Hongkong, 1st January, foro.":

conditions which favoured the Bank at its MR. J. C. KITZMANTL, junior partner of cel but he who has mastered its lawa. A broader | first deputy chairman. I beg to add, moreover outlook on men and affairs, a more intimate trust you will forgive the egotism-that, which my friend Sir Thomas Jackson is more bas left our firm and the partnership subsist knowledge of the relation of things, a new without the co-operation of any paisen at the conscious of probably than I am. (Chesis.)ing hitherto bis been dissolved by mutaal

do pot mean to his appointment as a humble | Agreement on and from To-day, 41mental equipment, all, in fact, that we moment, I wrote that prospectus with my own

Our business will be carried on av bilkarto,. imply when we describa a man as well.band, and but for that little historical fact in accountant in the Bank, but to the fact ibat when educated, will be demanded, je being de- all probability the Hongkong and Shanghai the grest calamity of 1886, the Overend-Gurney with

Mr. OSWALD KRAMER, manded, of those who seak, I will not say Banking Corporation would not have come into business, occurred, and all the other Eastern to excal, but even to compete en *WBA axistance. (Lend cheers. The retallon of that banke look fiight and shortened the ance who is authorised to sign the firm, in charge of terms with their bighly-trained Continental' little history may vary shortly be told; and it of their bills to four months, the Hongkong this Branch House,

H, ROBITSEE & REIS, maighbours. (Hear,boar),

may be an arrangement to those younger mem. Bank maletaired the term of six months and COMMERCE AND THE UNIVERSITÝ, ZO. ber of our company who are about to start out thereby collared the premier business in China and elsewhere in the East. Gentlemen, I have My own conviction is, I give it fór what it.is |¡¡a life, with, no doubt, greater advantagei ihan

wow great pleasure in propising" you the worth, that the time is pot far, distant when I syar' enjoyed, who when they with to start | health, the well-being, the constant progress mojversity course will be considered as indita new bank for themselves know exactly and advancement of the staff of this Bank in ponsable a preliminary to the higher walks of how to set about it? (Laughter;) I happined sapport of its great future, and in accompany. commerce as to any of the liberal professions to be in the beginplug of the year 176410g the toast with the cames of Mr. W. B.

Edwardton and Mr. W. · Adems » I sed na other remedy for the early specializa. || a. passenger on a small P. & O. steamer that | (Choort.) tion which is the bans of mercantile educa) | ¡was then making the voyage from Hongkong Mr. Edwardson returned thankyo On tion in this country; "Not that I think the to Swatów, Amoy, and Foochow Her name of the London, staff, kying, emphasis ra the university an ideal mercantile training ground, was Manile, and her speed was not of an good work done by the Athletic Club in I am not blind to its defects from that excisive character, in reference, at all avebis, prompting good fellowship and esprit de carpe

Among th

the staff and point of view. 1. admit that if the art of to thais modern times I believeste was able to commerce" consists, as to a large extent it accomplish something like a speed of sight does, to making prompt and approximately knots.or theresbonis, under the most favour, accurate decisions; then the universities, as at able circumstances (ughter) and therefore, the guests, mentioning the names of many pre

Mr. A. M. Townsend proposed the benith of present coosthuted, offer in that respect an in: withlo eras a abort voyags like that, gave sent and replies were given by Count Muist adequate mercantils. Ir doing)," The moder. | plenty of opportunity for reflection, for reading, and Mir. F. 5. A; Bourge, G.M.a. Sir J; L. Mac- 'gradonto's day is mapped out for him by his and for Improving one's mind genera' lý, kay, 0.0.0, KOE proposed the health o tator, little room in left for personal initiative, aas of course, all "young men "must" endóa» |the Chairman.

JUST UNPACKED

Ladies' Trimmed and Untri nime.} HATS, RIBBONS, FLOWERS

& FEATHER

MUSLIN and FIGURED VÕILES.

LACE and EMBROIDERIES a speciality and the general tendency, no doubt is to foster your to do Well, there are two 'opteland.

TABLE LINENS, SERVIETTES and HOUSEHOLD LINENS,

|

application,

.C.

„Hongkong, 60

Order carefully

Grim

Mr. W. Adams Orams replied on behalf of, the stad abroad, and was in particularly happy vein in his stories from the Far East:

a stale of mental, equipoise which is unsalted || Ing-features in connection with that:memor» GREEN ISLAND CEMENT COMPANY, to the prompt and independent judgmant ro“ able voyage, of mine which rest in my res quired in 'mercantile stairs. But that only collection most keenly, even to the present showandons it not?—that the rölyärsities havs | day, The firil of thean in ons which I am something to tears from commerce as wall si commerce from, the universities); and that I tried, with all the skill and power I could In Cake of 375 lb. net #5.50′ per Casi more intimate relations between them would react to the advantage of both. What a boon te

The nation it would be if businam affilas wALE Codifucted with more of the analytic and ib. Badilya power of the valversicles' and ji uniráci

LIMITED,

PORTLAND CEMENT.

suru you win never anticipate, and that le that

possibly new, to feduce the cook of that vassal

Rizal, then an almost unknown combination

In the Far Masi,and I regret to say that my

ex Factory.

to understand what was meant by a dimera In Bags of a50 lbs not #8.45 per Bag

Ex Factory.MEMBERS SHEWAN TOMES & 00.,

BENGERS

Food

is quite distinct from any other. It possesse the remarkable property of rendering milk, with which it is mixed when used quite easy of digestion by children, invalids: and convalescents.

Benger's Food is sold

Gina by Chemlak

everywhere,

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