1935-10-10 — Page 7

.

GREAT BANKING BLOCK OPENS

(Continued from Pago, 1.)

endeavours, leave nothing to be desired. The safe deposita in particular the Intest of their kind-alon new feature of which we hope the pubile will take full advantage, and facilities will be gladly given at any time to anyone desirous of inspecting them.

RAPID CONSTRUCTION The construction of the building was completed in what ́ must be considered record time for this part of the world. We vacated our

with China, and as evidence of her keen desire to improve it, has aent out Sir Frederick Leith Ross, lone of her most eminent financial | authorities, to confer with the Chineso Government and advise whether and in what way the two natione can co-operate to the benefit of both.

BRIGHT PATCHES

THE HONGKONG

TELEGRAPH. THURSDAY,

born will gaze at it with something of the same gasp of admiration that we to-day bestow on, let us say, Durham Cathedral. I do not mean the interior conveniences or the engineering marvels or oven the mosaics; I mean simply the lines that will be seen from the Star Ferry or whatever its equival- ent may be a century or two hence, If anyone says to-day that it looks excessively utilitarian one can only sigh and point at the neigh Issance or of what a dear friend bouring examples of pseudo-Rona of mine, once called "Early Com- pradorie". And if honest straight far too much of economic have no doubt that two thousand lines are to be condemned-well, I And, therefore, while it is idle to odd years ago some of the good

atill deny that there are phases in the world situation to

Thoso ure aurcly two bright patches on a dark horizon. There are many others all pointing to friendly and more reciprocal trading relations taking the place of those which at presont savour

many

citizens of Athens shook their

old head office on China's National cause anxiety, there is also much ting such an atrocity as the Par-

Day in 1933 and few of us then really believed that the old building could be demolished and the now one crveted in the comparatively short space of two years. That this has been accomplished in spite of unforeseen difficulties in connection with the foundations is due to a very high standard of organization, co-operation and efficiency on the part of everybody concerned. We congratulate and thank all of them and particularly our architect, Mr. Wilson, and his able stuff, amongst whom I would like to specially mention Mr. It- chie, and our Construction Manu- pers, Messrs. Logan & Amps,

The decision to build was taken some four years ago, when it be- came apparent that our old pro- mises were quite inadequate for our requirements. The old buibi- ing was, I believe, opened during a temporary trade depression,

which even in those days were periodical occurrences, and pretentious did it seem at the

80

time that, as most of you are

to justify us in looking forward, us the Bank have done in erecting this fine building, In the confident

times expectation of botter

come,

to

It is in that spirit, and with undiminished faith in the future of the Colony and of our great and friendly neighbour, China, that I now call upon Your Excellency to declare this building open.

,

THE A.O.G.'S SPEECH

THE GOVERNMENT

heads at the very thought of put thenon on top of their beloved Acropolis.

as a veritable sheet-anchor to the whole Colony. The people of Hangkong have long looked upon it as almost a public institution, and are proud of it. It has achieved. great things in the past, but" will, I am sure, do yet greater things in the future,

OCTOBER 10, 1935.

RADIO BROADCAST

I congratulate the Directors and the Chlof Manager on the comple- JAZZ RECITAL FROM STUDIO tion of this magnificent building which is one of the largest and, in the view of many who are qu building in the Far East. I wish potent to judge, the most dignified the Bank every success, and hope that it will last as long as the ediflee. granite which encases this fino

MR. GRAYBURN'S SPEECH

FACILITIES FOR EVERYBODY

said:

The Bank have reason to con gratulate Mesars. Logan and Amps and all the engineers who have conspired to give them this model. of what a bank should be. But

Mr. V. M. Grayburn the Colony na it whole has, I am

Your Excellencies, Ladies and sure you will agree, reason to con gratulate itself even more on the

Gentlemen- expect you have imaginative genius of the archi-heard enough of speech-making for tects. If I may be allowed to one day so I do not intend to de- sound a personal note I should like tain you for any length of time. to associate in those congratula- tions, which rightly belong to Mr. Wilson, his assistant Mr. Ritchie, whose proud mother, here with us to-day, has for very long been a friend of my own family.

I wonder if it is too fanciful to AND THE BANK

suppose that buildings do in some His Excellency the Officer Ad-degree reflect the characteristics of their yccupants; perhaps I have ministering the Government in declaring the building open, said: But look at the Law, Courts across

got this the wrong way

round. I should like at the outset to the way; do they not embody the sociate myself very sincerely with the regrets which have just been dignity and the solidity of Sir expressed by Mr. Dodwell at the Lindsell? Look a few yards fur- Atholl MacGregor and Mr. Justice lamentable absence to-day of Sir ther at the Club, typically super- Thomas Southorn. What struck

ior and uncomfortable and me most forcibly from the first hard.

die Now the building which I moment that he was well enough for me to see him, which was pre-honour of opening seems to me to have to lay had the very great cisely a fortnight age today, was be in the first place completely effi- the obvious fact that, Budget or cient; it is up-to-date, not to say no Budget, to-day's function was the one to which he was still look-to a few minutes ahead of the clock; it has imagination and above all else it is hottest.

aware, it became known as "Jack son's Folly". Though History has proved that had Sir Thomas Jack- son's Folly only been one of great. er magnitude, complete reconstrue- tion would have been avoided to day, it will be surprising if amidst the gloom of the present depres- sion Mr. Grayburn is not immorta- lised in the same way as was his forward above all else. On be illustrious predecessor.

half of everyone here and of my self in particular, I should like to

It is indeed unfortunate that we should be taking possession of our

. I do not think that I could dis- cover a better epitome of the char- acteristics of Mr. Grayburn and now premises at a time when world in his disappointment and our hope i his, wonderful staff,

conditions make it no difficult to

express our very deep sympathy that his complete recovery to

From Z.B.W. on a wavelength of 355 metres (815 kilocycles); Programme,

12.30-2.15 p.m. European Recorded

1 p.m.

Tiina and Weather Report. 2.15 p.m. Close Down. 5-8 p.m. European Programme. 5-7 p.m. A Relay of the Hongkong Hotel Dance Orchestra.

7-7.30 p.r. Light Orchestral Selec tions.

Mentett (Beethoven):

Eatr'acte

Gavotte ("Mignon Thomas); On a Dreamy Summer Night (Krome): Chanson Bohemienne (Boldi); Les Millions D'Arlequin Serenade (Dri-

The

The Squirrel

Greetings Morning like my wife-Wd, you can dance

Dance (Smith);

Princess-Waltz

(Fall)

(Fall): Dollar

7.30-8 p.m. From the Studio A Jazz Banjo and Piano Recital by Fred Carpio and Julian Silverio,

.8 p.m. Tine and Weather Report.

#.03-10.30 p.m. Chinese Studio Con-

cert.

Pro-

10.30 p.m.

Close Down. grammo from ZEK, on a fre

8.03-10 j.m. European quency of 640 kilocycles.

8.03-8.30 p.m. Selections from Musical Comedy.

Vocal Gems-Helen.

First of all wish, on behalf of the Staff, to thank is Excellency for coming here to-day to perform this opening ceremony. As he has said, It is something of an epoch- making event made more so by the presence of the Officer Administer-Song-Just once for all time ing the Government, and we mem-

("Congress Dancex"). of the Bank staff are very Selection-One hour with you. bers

Irene Eisinger (Soprano). grateful to him for giving us 'n Vocal Gems-Viktorin and her helping hand and a send-off in our

Hussar. 8.30-8.17 p.m.

A Recital by Richard Crooks (Tenor).

new home.

At the same time we wish to associate ourselves with all th has been said in regret at the ab- who we know would like to have sence of Sir Thomas Southorn, been here, and we join in wishing, him a speedy recovery. I have no doubt he is listening-in at this know that we appreciate the pre- moment, so I would like him to sence of his "better half" to-day. The attendance of Lady Southern adds lustre to any ceremony.

And now a few words about our It is Jarge I admit, but possible with the idea of despatch- Vocal-What's the Reason.

made it as simple is Fox-Trot-Down by the River. ing business as smoothly and The Mills Brothers.

Tosti); 3. 1 Love you so "The 1. Killarney (Balfe): 2. Good-Bye

Mavourneen (Crouch). Merry Widow" (Lehar); 4. Kathleen

8.47-9 p.m. Concert Waltzes. Katja the Dancer Waltz (Gilbert). Maid of the Mountains--Waltz Eine Walzer Redoute.

(Fraser-Simson).

new office. we have

tin.

9-9.15 p.m. Daventry News Bulle

9.15-10 p.m. Variety and Dance Programme.

Piano Solos Sweet Adeline Medley.

Renara.

Solo-I Love the Moon.

take an optimistic view as regards health, which we may now safely. great pleasure in declaring this i hope it will prove successful,

Ladies and Gentlemen, I have speedily as possible, and can unte i Soward Jacobs.

A friend of mine, however, hint-Pos-Trot-Call comes that Rainbow.

the future, and the speeches of our unofficial legislators make it

so dangerous to express one.

TRADE BARRIERS

say is well on the way, may be as rapid as possible.

building open and I wish the Bank home. (Applause), all possible prosperity in its new

Fox-Trol-Here ed to me a few days ago that to Sung-Humpty Home people of small means IL

ma Sweetheart.

me

At the same time it would be dishonest if I did not confess that, had I known that it

His Excellency then proceeded to might appear rather formidable Vocu was pre-open the main doors with a golden and they might hesitate to come

I had a million Dollars. ordained that the Fates were to key.

The Boswell Slaters. While unscaleable tariffs, um pitchfork me into my present posl

for small transactions, so in an

Fox-Trot-Chasing Shindows. bargoes, quotas, exchange fluctuation for a few weeks and had I

endeavour to dispel any such iden Fox Trot-Kiss

goodnight tions and arbitrary restrictions been given an option as to dates,

I decided to inflict this small speech

Song--1

unly

have eyes for you. on you.

Leslie Hutchinson. Fox-Trot--At the Court of Old

King Cole, Tango-Dreamy Serenade.

10 p.m. Big Ben: Bulletins.

are so severely hampering inter. I should without hesitation have HON. MR. CHAU'S

chosen a period to include to-day's ceremony which, as we all know, is an epoch-making one in the his- tory not only of this Colony but of the whole of the Far East.

I am very grateful to Mr. Dod-

SPEECH

BANK'S STEADY PROGRESS

national trade, in which so many of us are engaged, there is no option but to tighten up our belts, but huppily there are unmistak- able and ever increasing signa that economie nationalism will not succeed and that nations practis-well for his kind words of wel- Ing it will soon be forced to come. Our first serious meeting, recognise that the world prosperi- as I dare say he will recollect, was The Hon. Mr. T. N. Chau sald: -ty derived from trading with one shortly after the War when I had The Directors of the Bank have another is vital to domestic re-the satisfaction of taking him to asked me to say a few words on this covery and expansion. No less an about the twentieth hole at Fan-most auspicious occasion. My authority than the Secretary of Hing in a Championship match; and sense of the honour which they State of the United States of since that day I have been proud have thus done me can only be Amèrica has already recognised it.

to think of him as a personal equalled by the pleasure with friend. The Bank has generally which I accepted their invitation: been fortunate in its Chairmen of for my association or rather the Directors but seldom, I should say, association of my family--with the more fortunate than when they Bank has been long and cordial, elected Mr. Stanley Dodwell to that extending back to the time of my responsible post.

father, the late Mr. Chau Siu-ki-- a period of nearly half a century. I have no doubt that the happy so long between the Bank and my relations which have subsisted for family, is but one instance of the cordial tie which binds the Bank to a countless number of Chinese merchants and depositors.

In an address on the foreign commercial policy of the United States delivered before the Cham- ber of Commerce representing the whole country, Mr. Cordell Hull expressed his conviction that by raising her tariffs three times in a decade afnee the great war his country had prepared the destruc- tion of her vast foreign trade, upon which so much of her prosperity rested; he strongly advocated the simultaneous reduction to a more reasonable level of all existing tariffs, as well as the abandonment of the chief forms of discrimina- tion in international finance and commerce, and 'concluded by stat ing that it was the intention of his Government to make every effort tu restore international trade on a basis of equality and friendship.

#49

GOVERNMENT AND BANK

NOTHING TOO SMALL

Soon after I came out to the Far East over 30 years ago, I knew a man of my own young age who told me that he had met my Taipan the night before and told him he was rather scared to bring his small savings to the Bank as we might not want to bother with them.

Reuter Press

10.05 p.m. Close Down,

ZEESEN PROGRAMMES

Special

Programeses for Far Eastern llateners will be broadcast from Zeceen follow

y Taipan replied "My dear This Evening's Broadcast From fellow, there is nothing too small for the Hongkong Bank and so far.

The German Short-Wavers we have found nothing too big."

Ladies and Gentlemen, that is our boast and attitude to-day and that is why we have built a large office; it is not only that big things big number of small things, and a can be done in it but also that a big number

of financially small people can be looked after and helped along the road. As far as we can possibly see we have pre- pared for all high and low, rich

is a most important matter to him. and poor alike, and no-one

need think he is too small since his all self.

will, after a little refreshment, have The new building which His Ex-coming in Inter, on business bent I hope those of you who will be

think you will find much that will a look round the building and interest you.

coming to-day, to give us a semil- We thank you all sincerely for

of.

מנתח אנע

SOUTH ASIA ZONE

*m'd

(South Asia Zane, broadcast from DJI, (19.74 metres) and DIN 181.45 metres).

DEN 19.74 m 15,200 ke 1.20.3

19.74m 15,200 ke

4.45-8,14 3.06. 51.45

,840 X 1.45-0.10 p.m. DJN 19.74 15,200 ke #p.m.12.30 a.m. 4.41 p.m. DJB, DJN Announcement (Germ..

·Englį. German Folk Sons. Fro Eramme Forecast (Garm...," Engi,) 5 p.m. Miller Youth Programmer 528 pom. News in English,

5.45 pm, The Hunting Season begina! -6.45 pm – News In German.

7 p.m. Concert of Light Music.

p.m. News in Engilah

8.15 p. Closa dewn DJIL DIN (Carm..

Engl.)

EART ABIA ZONE

Esat Aala Zone broadcast through DJQ on 10.63 metres (16,280 kc.) 1.80-3 p.m. Concert. news at p..

»

pin. Call DJA, DJB, DIN (Germ

Earl). German Folk Beca Programme Forecast (Gar Engl.)

2,15 pm. Bextat, ap. 71. In E Flat Major by Ludwig van Beethoven. Yar Clarissata, Mərns, Bassonna,

1.16 p.m. News In English on DJA and in Dutch on DJB, DIN.

10 p.m. The Hunting Season begins!

On an occasion like this it is natural to look backwards as well forwards and to trace the Bank's history from that first pro spectus in 1864 and through all its vicissitudes until the present day. Mr. Dodwell has. nirendy told youcellency the Officer Administering about "Jackson's Folly", the 1883 the Government, has just opened, buliding, and I would not weary marks the culmination of one of you with a recital of fluctuating the great achievements of the share values, of note issues and of Hongkong & Shanghai Bank. It loans. It is not necessary to tell was a little over 71 years ago that such an assembly as are gathered the Bank was established. There here to-day of the unique position were then already Of all the ovidence that justl-ways called, in all that relates to for the needs of what was a com- held by "The Bunk", as it is al- here seven banking houses to enter in existence fles us in the belief that the re-

the economie life of the whole of (paratively amail mercantile com- moval of some of the many hind- the Far East. rances to overseas trade is not fur A year ago lesa seven days Sir object of affecting a needed im-

munity; but, with off, I think that statement of Willium Peel, after laying the provement in the banking system the special America's foreign commercial

foundation stone of this building, obtaining at the time, its founders policy in one of the most signi-hinted in his usual delicate way brought into being "Wayfoong" at the power wielded, by this great The Bank has since mude steady institution; and I dare say that and remarkable progress, outstrip-that, Home people. If they could see, as ping all its rivals, to become the have got to keep up our traditions Next how the glorious view from the East. It has now passed the full One of our oldest traditions is the I have for the last few weeks, lending banking house in the Far verandah of Government House is span of life allotted by the Psal-custom of being kind to animals.

As citizens of the British Empire. Change nowadays obstructed, would per-mist to mortal man, but, still full To ensure kindness hapa twist this into some sort of of the vitality of youth, it has creatures it is necessary to main- an uncomplimentary parable. It kept abreast of the times; and the tain an organisation for promoting to all living would obviously be improper for imposing building which

ficant.

U. S. SILVER POLICY

It is, I admit, difficult for us out here to reconcile it with her silver policy, which has done our trade such grievous harm, but strangely enough it coincided with what appeared to be 'n much more rea- sonable method of carrying out that silver policy.

one of

It

un

a

now

me to attempt to say anything towers above our city is but one Government and what is, although and activities. about the relationship between the concrete example of its enterprise

I bellove not a "Contral Bank" in the strict sense, such a preponder ant element in the Colony's life

COLONY'S SHEET ANCHOR Those who are familar with the

as the Hong Kong & Shanghai history of the Bank know that dur-

is Banking Corporation, except that ing the carly stage of its career

that relationship is now as ever

It is a statement which could not have been made by America's leading statesmen less it had the support of large body of responsible and influential opinion, and nothing less than a frank admis- slon, by the nation, which first in- vented cednomie nationalism and which of all of them is best con- stituted to live within Itself, that this selfish method of economic existence does not pay when the rest of the world allont it.

was по

Groat Britain, for whose con- sumption the address doubt chiefly intended, may may not have responded. Wo do

or

the Leith-Ross Mission. -

- AESTHETIC QUALITY

to

FLAG DAY

S.P.C.A. EFFORT ON SATURDAY

Times are hard. We all know But somehow or other we

generally, keeping a watch on all knowledge, creating interest, and, concerns involving live creatures.

We have our local Society for the Prevention of Cruelty to Antinals here in Hongkong, and now is the time to support that Society as far as we are able. In previous years there has been an offee-to-office

tho

cordial and intimate. Still leas amaitudes, but it successfully over and I willing to be drawn into a dis-

It passed through many viels- collection for annual subscriptions

donations. This year cussion on China's currency and came all of them, and came out Society is trying a new method of cach time a little stronger. For raising funds. It is going to have several decades "Wayfoong" has Flag Day on Saturday next, and been a source of great honest not

the Society will be very grateful if only to Hongkong but also China. In times of financial diff-

residents will pause on route to the office, and buy a flag from one culties such as the general strike of the collectors. If your firm refors sending a regular subscrip Mossre. Lowe, Bingham Contributed.

Stepping lightly off that particu- lar tight-rope on to the firmer and more congenial ground of aesthetics

I should like to give my opinion and boycott in 1925, and the pro- tion by post, the Treasurer, c/o. for what It is worth that, in the ent economic depression, the

I p.m. Virtuose Plans Kule.

Dirtfel,

Gertrau

11.15 p.m. News In German on DJA, DJD, DJN. Close DJB (Germ... Engl)! 11,30 p.m. Current Evento. 11.45 p.m. Dance Musle, 12,15 km. News In English on DJA and in

Dutch on DIN.

(Continued on Page 4.)

1

ALHAMBRA

ORCHIDS TO YOU

ORCHIDS TO YOU

ORCHIDS TO YOU

ORCHIDS TO YOU!

--it's as good

as

it sounds!

JOHN BOLES

JEAN MUIR

CHARLES BUTTERWORTH

and

HARVEY STERILENS

not know, but we do know that view of all honest men of taste Bank, under the able guidance of Matthews, will gladly receive it. she, on her part, is gravely con- this magnificent building in of such its successive Chief Managers, corned about her dwindling trade a quality that generations yet un-notably Mr. Grayburn, has served

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FAR EAST MOTORS Distributors for CHEVROLET CARS and TRUCKS.

26, Nathan Road, Kowloon. Telephone 59101.

HONG KONG SOCIETY FOR THE PROTECTION OF CHILDREN:

The children, cannot fight starva“ - tion and disease. We can, but only with your help.

No donation

Will you help us?

is too small: All will be gratefully

acknowledged.

Hon. Treasurers:

Mr. A. McKEllar, c.a.,

e/o Mncinnon, Mackenzia cướ

P. & Q. Building.

Mr. KWOK CHAN,

c/o Banque de L'Indo Chine

Hong Kong