The Archive · 1928

Old Memories

While he was here, the Governor went back to see his old home on the border of the Western Suburbs, at Hoon Yin Fong, a name indica tive of scholastic attainments, and Sir Cecil's case an entirely fitting name for the spot in which he rived so much knowledge of the Chinese language and of the litera ture of old Cathay.

The Governor of Hongkong departed this morning on Lil. M.S. Tarantula, leaving from the Government Wharf, where he had land= ed on Thursday. 'The merchants of Canton do indeed feel confident that. much will come from his visit, and this feeling, of optimism has left impress on the money market. 'The price of Central Bank notes, which had depreciated greatly in' value following the Red coup d'état of December last, has jumped up, and it looks as if the government's dis credited currency is about to take fa new leate of life, To-day, a dole lar of the paper money is" worth close to seventy cents. The belief that Hongkong will from now on walk hand-in-hand with ite sister truth, helping overcome any possible opposition.

Such talk as may ive heard has come down from the theoretical formulae to practical programmes. Always suspicious of their rulers, the Chinese people are keen to detect the practical trend of government. Locally, at least, the bares meter of confidence and credit is rising, The movement of goods on the railway and the canals indicates improvement, Merchants are more cheerful and shops are display attract

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account