At last, he would add fame to riches. Hongkong was about to enter
the great educational arena in the awakening of the Far East with
a splendid university. Hormusjee Mody, the Prince of Parsees, gave
the land. Who would give the endowment and thus perhaps secure a
knighthood? Why, Rumor, who at last was truly popular and not envied
alone, for he was now about to do something for others than himself. In
the meantime he had started a Chinese flour mill at Junk Bay, Hongkong.
He would startle the whole economic world, as Harbin did, by grinding
Chinese grain on the spot, and he would import less Australian and
Oregon flour. There seemed to be no end to Rumor’s extension or the
glamour which he cast over his compradore and the Chinese bankers, as
well as the American mills. Many tried to emulate him and steal his
trade, or imitate his “chops” on the flour bags; but the Chinese, “olo
custom”, clung to Rumor, who alone expanded, came, saw and conquered.
San Francisco was shaken by an earthquake, and New York by a financial
panic. The twin waves went round the world, and met in Hongkong harbor
one dark night, just as Rumor, purposely unaccompanied by a white
man, was returning in his yacht _Canada_ from his flour mill at Junk
Bay, all the long miles of the famous harbor to the landing under his
mountain palace and the university site. No one knows much about it,
except that the crew at last missed him overboard. The tidal financial
wave had swamped him. He could ride its crest no more in splendor.
The great university will bear many names, but probably not the name
of Rumor as its endower when the accounts of the estate are balanced.
Three Chinese, of Singapore, stepped forward and endowed the university
with nearly $500,000 gold, although they were at the same time holding
up the hands of the exhausted Chinese republican revolution.
Public-domain text, read in full here on John Shaqi.
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