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Category Archives: Bank of Victoria

Philip Champion de Crespigny, General Manager of the Bank of Victoria

07 Sunday Aug 2022

Posted by Anne Young in Bank of Victoria, CdeC Australia, Melbourne, World War 1

≈ 2 Comments

My great great grandfather Philip Champion de Crespigny (1850 – 1927) was General Manager of the Bank of Victoria.

One of my cousins recently obtained a photograph of the staff of the bank in 1917 from the Historical Services Curator of the National Australia Bank (which was formed by the amalgamation of the Bank of Victoria with the Commercial Banking Company of Sydney in 1927 and the National Bank of Australasia in 1982).

Staff of the Bank of Victoria in 1917

The photo appears to have been taken on the roof of the bank’s head office in Collins Street. There are no names with the photo, but clearly recognisable seated at the centre is Philip Champion de Crespigny.

Philip Champion de Crespigny in 1917

His obituary notice in the Argus (Melbourne), on 12 March 1927, outlines Philip de Crespigny’s banking career:

[Crespigny] joined the service of the Bank of Victoria in June, 1866, as a junior clerk. After spending a few years in country districts in service of the bank he was promoted to the position of manager at Epsom, and he filled a similar position at other country towns. Subsequently he was placed in charge of the South Melbourne branch of the bank. At the end of 1892 he was appointed assistant inspector, and he continued to act in that capacity until 1908, when he took the office of chief inspector. In 1916 he became general manager of the bank in succession to Mr George Stewart.

At the time of his first marriage, to Annie Frances Chauncy in 1877, Philip de Crespigny was the manager of the Bank of Victoria branch at Epsom five miles north-east of Bendigo. His oldest son Philip was born there in 1879. In early 1882 Philip moved from Epsom to Queenscliff, a small town on the Bellarine Peninsula, 30 kilometres south-east of Geelong. The Bank of Victoria was at 76 Hesse Street. Philip’s son, my great grandfather Constantine Trent, was born at Queenscliff in March 1882. Philip’s wife Annie died at Queenscliff in 1883.

In 1886 Philip transferred to be manager of the Elmore branch, forty kilometres northeast of Bendigo. In 1887 he was appointed manager of the South Melbourne branch. In 1888 he became Assistant Inspector of Branches, and was appointed Inspector of Branches in 1908. In 1916 he became the bank’s General Manager.

Another obituary, in the Melbourne Herald of 11 March 1927, notes that Philip was remembered for his “ability as a financial expert [and this] was known throughout Australia. During the war period, he gave his services freely to the Government, his advice having been of the greatest value to the country.”

A 1918 photograph of the Bank of Victoria’s office in Collins Street shows an advertisement for the 7th War loan.

In its half-yearly reports during the war the Bank made mention of employees who had been killed in action or died of wounds.

Philip had six sons of whom the four eldest served in the war and one, Philip, was killed in 1918.

RELATED POSTS

  • BRAVE BOY IN SHOOT-OUT WITH BUSHRANGER, LATEST NEWS
  • Trove Tuesday: discreditable conduct in church
  • Wedding Wednesday: Philip Champion de Crespigny married Annie Frances Chauncy 25 October 1877
  • E is for entertainment in Epsom
  • Q is for Queenscliff in 1882
  • de Crespigny – Beggs 1891 wedding
  • The Bank of Victoria in Collins Street
  • O is for ‘Ottawa’ Gladstone Parade Elsternwick

Wikitree:

  • Philip Champion de Crespigny (1850 – 1927)

Remembering E Walter Hughes (1854 – 1922)

02 Saturday Jul 2022

Posted by Anne Young in Bank of Victoria, Beaufort, Hughes

≈ 3 Comments

Edward Walter Hughes, my great great grandfather, was born on 11 July 1854 in Noarlunga, South Australia, second of the eight children of Samuel Hughes and Sally Hughes née Plaisted.

On the 11th instant, at Kingston, Noarlunga, Mrs Samuel Hughes, of a son.

South Australian Register 13 July 1854

When he was two years old the family moved to Bendigo in Victoria, where his grandfather Edward Hughes was in the timber business. Samuel Hughes moved to Melbourne with his family where he set up an importing and timber merchant firm with the name ‘Hughes Lord & Co’.

Walter Hughes and his brother John went to school at Scotch College from 1867 – 69. In 1869 the family moved to Mount Gambier, in South Australia, where Samuel again founded a timber business.

In about 1870 Walter joined the National Bank of Australasia in South Australia; he ended up in charge of its Naracoorte branch. He resigned in 1873 when his father Samuel returned to Melbourne to establish Samuel Hughes & Co, Importers and Merchants. At this time, the family lived in Moonee Ponds.

In Melbourne, Walter, then nineteen, joined the Bank of Victoria. He was posted for some time to Dunolly as relieving officer, but by 1882 had returned to Melbourne.

Edward married Jeanie Hawkins in Dunolly on 25 September 1883.

HUGHES—HAWKINS.—On the 25th ult., at the Presbyterian Church, Dunolly by the Rev. J. W. Lawson, brother-in-law of the bride, Edward Walter, eldest son of Samuel Hughes, Tan-y-ffordd, Ascotvale, to Jeanie, youngest daughter of the late S. P. Hawkins, Melville Forest Station, Coleraine.

The Argus 2 October 1883

They had four children, the first two born in Melbourne, the second two in Beaufort, where Walter had been posted by the Bank of Victoria:

  • Beatrix 1884–1943
  • Reginald Hawkins 1886–1971
  • Vyvyan Westbury 1888–1916
  • Cedric Stuart Castlereagh 1893–1953
Walter and Jeanie’s four children – Reginald, Beatrix, Cedric and Vyvyan, in 1902
Early April 1916 – (back) Jeanie, Olive Hughes (Chatfield), Vyvyan, Walter (seated) and Beatrix de Crespigny (Hughes); (front) Nancy and Geoffrey de Crespigny
The Bank of Victoria in Beaufort in the 1890s – from Museum Victoria Reg. No: MM 001094
E. W. Hughes

Walter spent thirty-three years working for the Bank of Victoria in Beaufort. Busy in local affairs, he was described on his retirement due to ill-health in 1919 as “one of the most active residents of Beaufort”.

BEAUFORT.
VALEDICTORY.
Over £50 was subscribed for the purpose of making a presentation to Mr E. W. Hughes (for 33 years manager of the Bank of Victoria, Beaufort) prior to his departure for Melbourne. A number of representative citizens met Mr and Mrs Hughes on Monday, and expressed their appreciation of their valuable services to the town and district. On behalf of the people of Beaufort and district, Mr J. R. Wotherspoon presented Mr Hughes with a pigeon blood ruby ring and a purse of sovereigns, and Cr R. A. D. Sinclair (shire president) presented Mrs Hughes with a solid leather travelling bag. Both gentlemen referred in eulogistic terms to the good qualities of Mr and Mrs Hughes as citizens, expressed regret at their departure, and wished them health, prosperity and happiness in the future. Their remarks were endorsed by Messrs E. J. Muntz, G. H. Cougle, and A. L. Wotherspoon. Mr and Mrs Hughes feelingly returned thanks.

The Ballarat Star 23 October 1919

On 2 July 1922 at his home at 19 Oakwood Avenue, Brighton, Walter died at the age of sixty-seven, from diabetes and heart failure. He was buried in Brighton Cemetery.

The remains of Mr. Edward Walter Hughes, 67, who died on Sunday at Oakwood avenue, North Brighton, were interred today in the Church of England portion of the Brighton Cemetery. The Rev. Perry Martin officiated at the graveside. Born in South Australia, Mr. Hughes had lived in Victoria for 50 years. He was manager of the Bank of Victoria at Beaufort for 30 years. He has left a widow, two sons, and a daughter. The funeral arrangements were carried out by Monkhouse and Son.

The Herald (Melbourne, Victoria) 4 July 1922

HUGHES On the 2nd July at his residence, 19 Oakwood Avenue, Brighton. Edward Walter, the beloved husband of Jeanie Hughes, aged 67 years. (Private Interment.)

The Argus 4 July 1922

Mr Edward Walter Hughes died on Sunday at North Brighton. Born in South Australia, Mr Hughes had lived in Victoria for 50 years. He was manager of the Bank of Victoria at Beaufort for 30 years. He has left a widow, two sons, and a daughter.

The Ballarat Star 5 July 1922

Walter Hughes was something of a poet, and some of his verse was published in various newspapers between 1902 and 1916. My cousin Gordon Hughes has compiled a booklet of his poems, “E. W. Hughes’s Poems”, and has kindly given me his permission to attached it here.

Poems – E. Walter HughesDownload

One of his poems was published in the Illustrated Sporting and Dramatic News with the remark that “Mr E.W. Hughes, of Beaufort, has followed up his recent successes, by winning the ‘Illustrated Sporting and Dramatic News’ first prize of £1 1s for the best verse of eight lines descriptive of Cup Day. He also was placed third in the paper’s competition for best anecdote of a Melbourne or Caulfield Cup day.”

These successes, however, were insufficient foundation for a career as professional poet and, like the Lloyd’s bank-clerk T.S. Eliot, Walter Hughes did not abandon his day job. [It is interesting to note that Eliot had a high opinion of the cultural significance of Derby Day, and horses, though not necessarily thoroughbreds, appear in his verse, among them the famous lonely cab-horse who steams and stamps.]

CUP DAY
'Tis the Melbourne Carnival once again,
and the heart of the sportsman is glad;
Though a stranger would think at the
Flemington show we'd all gone galloping mad.

In the grandstand the shimmer of silk is
seen; on the flat the simmer of fun;
And the "Books" on the Hill, with the
pencil and quill, are laying the "odds" – bar none.

In the saddling paddock, before "The Cup" race,
the "punters" are keen on their "tips",
And wagers are laid in stentorian tones,
and also by feminine lips.

Horses in line—they're off!—and the sheen
of the colours passing the crowded stand
Makes a race to remember—no matter who
wins—the "Gem" of this Southern land.

RELATED POSTS:

  • A run on the bank in Beaufort

Wikitree:

  • Edward Walter Hughes (1854 – 1922)

A scarf for General Birdwood

29 Wednesday Jan 2020

Posted by Anne Young in 52 ancestors, Bank of Victoria, Beggs, Champion de Crespigny, World War 1

≈ 2 Comments

Everyone knows about WWI comfort funds and the socks that were knitted for the Diggers in the trenches.

But have you heard about the scarf that was knitted for their commanding General?

Birdwood Gallipoli 1915 awm 6184034

Gallipoli Peninsula, Turkey. 1915. General William Riddell Birdwood (outside his dugout at Anzac. Photograph by Ernest Brooks and retrieved from the Australian War Memorial G00761

In 1916, Sophia, Mrs Philip Champion de Crespigny, (1870 – 1936), second wife of my great great grandfather, started a campaign to knit a scarf for General Birdwood, the popular commander-in-chief of Australian divisions on the front.

The first anniversary of the landing at ANZAC was observed on Tuesday 25 April 1916, with prayers and mourning for the dead.

Three days later ‘ANZAC Button Day’, with parades and many stalls and kiosks, was held in Melbourne to raise money for the troops. One of the attractions was a kiosk, ‘erected by the St. George Society’, an English patriotic society, where for sixpence patriotic knitters could add a row to scarf for General Birdwood.

Mrs Philip Champion de Crespigny was responsible for this money-raising idea.

Sophia Cde C nee Beggs 1894

Sophia Champion de Crespigny about 1894

Two of her sons and two step-sons enlisted during World War 1:

  • Hugh Vivian Champion_de_Crespigny 1897 – 1969 enlisted 30 August
    1914 and later joined the Royal Air Force
  • Constantine Trent Champion de Crespigny (1882 – 1952) enlisted 20
    May 1915
  • Francis George Travers Champion_de_Crespigny 1892 – 1968 enlisted
    10 November 1917
  • Philip Champion_de_Crespigny 1879 – 1918 enlisted 26 November 1918
    and killed in action July 1918

Within a week, a quarter of a yard had been added to Mrs de Crespigny’s scarf, with many sixpences added to the funds. She was aiming for 1½ yards.

Adelaide commentators seem to have been a bit over-critical. The edge of the scarf was wobbly, ‘goffered’ it was said, which means fluted or serrated. Knitters ply their needles differently, of course, at different tensions, so the collaborative scarf could not be expected to be perfectly uniform.

By mid-May Sophia de Crespigny had received so many applications for row-knitting that she hired a room at 349 Collins Street, not far from her husband’s office at 257 Collins Street [he was the general manager at a bank there], where she met prospective knitters between 10 o’clock and half past four on Mondays, Wednesdays and Fridays.

In June Sophia de Crespigny travelled to Geelong, where would-be scarf-knitters would find her at the Bank of Victoria in Malop Street.

The Geelong Advertiser reported that the scarf was khaki with a border of General Birdwood’s colours: red, purple, and black, and a touch of yellow. The scarf was now 2½ yards long.

By mid-August Birdwood’s scarf, completed, and yard longer than planned, was put on display in the window of Messrs Singer and Co. in the Block Arcade on Collins Street. There was also a book with the names of over 300 of its volunteer knitters. Sophia’s scarf campaign had raised £13. The Melbourne Lady Mayoress’ fund for Red Cross got £2 18/-, and £10 2/- was presented to the Y.M.C.A. for the benefit of the Australian soldiers at the Front (a national appeal).

Melbourne Punch 24 August 1916 page 32

Melbourne Punch 24 August 1916 page 32

Among letters received by General Birdwood, now digitised by the Australian War Memorial, is one from Sophia, Mrs Philip Champion de Crespigny, forwarding the scarf and the book of names of the ladies who worked on it.

Birdwood lettter 1 6098251
Birdwood letter 2 6098252

Birdwood letter 3 6098253

Letter from Sophia Champion de Crespigny to General Birdwood enclosing a scarf and a book with the names of the knitters. Retrieved from the Australian War Memorial Letters received by Field Marshal Lord William Birdwood, 1 June 1916 – 25 December 1916 https://www.awm.gov.au/collection/C2084586?image=107

scarf AWM 4230193

I have not found a picture of General Birdwood in a scarf. This picture from the Australian War Memorial is from about 1915: The officer in the foreground, rugged up in a greatcoat and scarf, is possibly Major Harold A Powell of the Australian Army Medical Corps (AAMC). The tents in the middle distance on the left are probably those of a field hospital; the location appears to be the Gallipoli Peninsula.

 

General Birdwood’s reply to Sophia de Crespigny was published in the Geelong Advertiser.

Birdwood letter Geelong Advertiser 1916 12 05 a

Birdwood letter Geelong Advertiser 1916 12 05 b

Birdwood mentions that his aide-de-camp Henry de Crespigny (1882 – 1946) was a cousin of Sophia’s husband [Henry was Philip de Crespigny’s 3rd cousin once removed]. Birdwood also mentions Dr de Crespigny and ‘his hospital’. This was the 1st Australian General Hospital in Rouen, commanded by Philip’s son – Sophia’s step-son – Constantine Trent de Crespigny.

Birdwood 1918 trench awm 4096023

General Sir William Riddell Birdwood visiting a Battalion Headquarters in the support line trenches in Ungodly Avenue in the Messines Sector, in Belgium, on 25 January 1918. General Birdwood is second from the left. Australian War Memorial image E01495

Across Australia many other scarves were knitted by ladies who gave their sixpences and shillings to raise money for the soldiers, and it seems more than likely that Sophia’s was not the first. I’m not a great knitter myself – I started a scarf in the 1980s, which forty years later is still less than a foot long – but I’m delighted to have a family connection with Sophia’s.

Sources

  • ANZAC BUTTON DAY (1916, April 29). The Argus (Melbourne, Vic. : 1848 – 1957), p. 19. Retrieved from http://nla.gov.au/nla.news-article2099087 
  • ITEMS OF INTEREST (1916, May 9). The Argus (Melbourne, Vic. : 1848 – 1957), p. 8. Retrieved from http://nla.gov.au/nla.news-article2097012 
  • Melbourne Letter. (1916, May 10). Critic (Adelaide, SA : 1897-1924), p. 24. Retrieved from http://nla.gov.au/nla.news-article212165326 
  • “Goffer.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/goffer 
  • LADY KITTY IN MELBOURNE. (1916, May 20). Observer (Adelaide, SA : 1905 – 1931), p. 7. Retrieved January 28, 2020, from http://nla.gov.au/nla.news-article164664340 
  • ITEMS OF INTEREST (1916, May 15). The Argus (Melbourne, Vic. : 1848 – 1957), p. 8. Retrieved from http://nla.gov.au/nla.news-article2105490 
  • GENERAL BIRDWOOD’S SCARF. (1916, June 1). Geelong Advertiser (Vic. : 1859 – 1929), p. 3. Retrieved from http://nla.gov.au/nla.news-article132736659 
  • GENERAL BIRDWOOD’S SCARF. (1916, June 5). Geelong Advertiser (Vic. : 1859 – 1929), p. 4. Retrieved from http://nla.gov.au/nla.news-article132737110 
  • NATIONAL FUNDS. (1916, August 17). The Argus (Melbourne, Vic. : 1848 – 1957), p. 9. Retrieved from http://nla.gov.au/nla.news-article1613276 
  • GENERAL BIRDWOOD’S SCARF. (1916, August 23). Geelong Advertiser (Vic. : 1859 – 1929), p. 2. Retrieved from http://nla.gov.au/nla.news-article130692189 
  • THE LADIES LETTER (1916, August 24). Punch (Melbourne, Vic. : 1900 – 1918; 1925), p. 32. Retrieved from http://nla.gov.au/nla.news-article121078394 
  • GEN. BIRDWOOD’S SCARF. (1916, December 5). Geelong Advertiser (Vic. : 1859 – 1929), p. 4. Retrieved from http://nla.gov.au/nla.news-article130671603 

 

Other scarves were also knitted for General Birdwood during 1916

  • MOSTLY ABOUT PEOPLE. (1916, May 16). Kyneton Guardian (Vic. : 1870 – 1880; 1914 – 1918), p. 2. Retrieved from http://nla.gov.au/nla.news-article129594972 
  • EVERY WOMAN (1916, May 20). The Journal (Adelaide, SA : 1912 – 1923), p. 10 (NIGHT EDITION). Retrieved from http://nla.gov.au/nla.news-article201904003 
  • FROM NEAR AND FAR. (1916, May 31). The Sydney Morning Herald (NSW : 1842 – 1954), p. 5. Retrieved from http://nla.gov.au/nla.news-article15639838 
  • Park Fence Must Go (1916, June 9). Malvern Courier and Caulfield Mirror (Vic. : 1914 – 1917), p. 1. Retrieved from http://nla.gov.au/nla.news-article130658111 
  • RED CROSS (1916, July 16). Sunday Times (Sydney, NSW : 1895 – 1930), p. 25. Retrieved from http://nla.gov.au/nla.news-article121347053 
  • SOCIAL CHAT (1916, July 31). The Sun (Sydney, NSW : 1910 – 1954), p. 7. Retrieved from http://nla.gov.au/nla.news-article223365185 
  • FOR WOMEN. (1916, August 30). The Daily Telegraph (Sydney, NSW : 1883 – 1930), p. 6. Retrieved from http://nla.gov.au/nla.news-article239216093 
  • PRESENTATION SCARF. (1916, August 24). Hamilton Spectator (Vic. : 1870 – 1918), p. 4. Retrieved  from http://nla.gov.au/nla.news-article133706220
  • SCARF for GENERAL BIRDWOOD. (1916, December 14). Hamilton Spectator (Vic. : 1870 – 1918), p. 4. Retrieved from http://nla.gov.au/nla.news-article129391992  
  • BALLINA WAR CHEST. (1916, September 16). Northern Star (Lismore, NSW : 1876 – 1954), p. 5. Retrieved from http://nla.gov.au/nla.news-article92970437 
  • “MAGNIFICENT MEN.” (1916, November 3). The Sydney Morning Herald (NSW : 1842 – 1954), p. 3. Retrieved from http://nla.gov.au/nla.news-article15701183 
  • GENERAL BIRDWOOD’S SCARF. (1917, February 6). The Brisbane Courier (Qld. : 1864 – 1933), p. 8. Retrieved from http://nla.gov.au/nla.news-article20155560

Q is for Queenscliff in 1882

19 Wednesday Apr 2017

Posted by Anne Young in A to Z 2017, Bank of Victoria, Champion de Crespigny, Chauncy, Queenscliff

≈ 3 Comments

In October 1877 my great great grandmother Annie Frances Chauncy (1857-1883) married Philip Champion de Crespigny (1850-1927). At the time of their marriage Philip was the manager of the Bank of Victoria branch at Epsom five miles north-east of Bendigo. Their first son Philip was born at there on 18 June 1879.

Annie Frances Crespigny nee Chauncy about 1877
In early 1882 Philip moved from Epsom to Queenscliff, a small town on the Bellarine Peninsula 30 kilometres south-east of Geelong. The Bank of Victoria was at 76 Hesse Street.
THE BENDIGO ADVERTISER (1882, February 3). Bendigo Advertiser (Vic. : 1855 – 1918), p. 2. Retrieved from http://nla.gov.au/nla.news-article88622924
General view of Queenscliff from Adman’s Tower (later known as the Vue Grand Hotel at 46-48 Hesse Street), about 1882 photographed by Fred Kruger from the National Gallery of Victoria
Hesse Street from Baillieu’s Tower, Queenscliff. Baillieu’s Tower was later called the Ozone Hotel and was on Gellibrand Street.. The Bank of Victoria can be seen towards the centre foreground. Image from the National Library of Australia PIC/8760/67 LOC Album 19/nla.obj-140532878.

On 5 March 1882 Philip and Annie’s son Constantine Trent Champion de Crespigny was born in Queenscliff in the Bank of Victoria where his father was manager.

We have some transcripts of family letters. One that survives from January 1883 is to his mother Charlotte Crespigny nee Dana about her visit to Queenscliff.

From: Philip Crespigny
To: Charlotte Frances Crespigny [his mother]
Queenscliff 21st Jany 1883
My dearest Mother
Only a few lines to tell you how eagerly we are all of us looking forward to your visit. I do hope you will start immediately after the mail is delivered. You had better come by the mid-day train reaching here at 2.45. I have enclosed Vi a ticket by the Williams which will defray half her expenses when she pays her visit and this will prevent your feeling the extra expense of taking a single ticket instead of a return which is only available now from Friday till Monday.
Your loving son
Lou

(Philip was called Lou or Loup, ‘wolf’ in French, by his family. Vi was his sister Viola (1855-1929).

 

One month after Philip wrote to his mother, at the young age of 25, Annie Frances died after a three week illness of what was diagnosed as pelvic cellulitis, a bacterial infection of tissue adjacent to the uterus. Pelvic cellulitis was often a complication of childbirth. Annie quite possibly died after a third pregnancy. She left two small children, Philip was 3 and Constantine Trent was 11 months.
Death certificate of Annie Frances Crespigny, Victoria 1883/2892 (click to enlarge)

Annie is buried in Point Lonsdale cemetery. Her sons are remembered on her gravestone. Philip (1879-1918) was killed in action near Jerusalem in World War 1. Constantine Trent (1882-1952) died in Adelaide and was cremated.

 

Gravestone in Point Lonsdale for Annie Frances Crespigny and her two sons from FindAGrave

The building which was formerly the Bank of Victoria at 76 Hesse Street is still standing. From Google street view it looks as though it is now a cafe. It is mentioned in the Queenscliff Heritage Study 2009.

Related posts

  • Wedding Wednesday: Philip Champion de Crespigny married Annie Frances Chauncy 25 October 1877
  • E is for entertainment in Epsom
  • The Bank of Victoria in Collins Street

E is for entertainment in Epsom

05 Tuesday Apr 2016

Posted by Anne Young in A to Z 2016, Bank of Victoria, Bendigo, Champion de Crespigny

≈ 3 Comments

My great great grandfather Philip Champion de Crespigny (1850-1927) was the manager of the Bank of Victoria branch at Epsom five miles north-east of Bendigo. He was manager there at the time of his marriage to Annie Frances Chauncy in October 1877.

I found the following news item on Trove which shows some of the social life at Epsom in 1880 when the de Crespigny family lived there. Philip had loaned his piano for a concert to raise funds for the Church of England to buy a new harmonium.

The Shamrock Hotel, Epsom, about 1910 from the Facebook page Lost Bendigo and District
THE BENDIGO ADVERTISER (1880, June 21). Bendigo Advertiser (Vic. : 1855 – 1918), , p. 2. Retrieved from http://nla.gov.au/nla.news-article88885158

I think the church might be St Luke’s at White Hills, built in the 1860s.

I have looked and can find no photos from the early 1880s of the Epsom branch of the Bank of Victoria, and the building does not appear to have survived.

Related posts

  • BRAVE BOY IN SHOOT-OUT WITH BUSHRANGER, LATEST NEWS 
  • Wedding Wednesday: Philip Champion de Crespigny married Annie Frances Chauncy 25 October 1877  
  • de Crespigny – Beggs 1891 wedding 
  • The Bank of Victoria in Collins Street  

A run on the bank in Beaufort

14 Friday Aug 2015

Posted by Anne Young in Bank of Victoria, Beaufort, Cherry Stones, Hughes, Trove

≈ 2 Comments

This week’s Sepia Saturday picture is a prompt for the topic of banking.

There are several bankers in my family tree. One of them is my great great grandfather Edward Walter Hughes (1854-1922).

E. W. Hughes from Hudson, Helen Lesley Cherry stones : adventures in genealogy of Taylor, Hutcheson, Hawkins of Scotland, Plaisted, Green, Hughes of England and Wales … who immigrated to Australia between 1822 and 1850. H.L. Hudson, [Berwick] Vic, 1985.page 81.

Edward Hughes was manager of the Bank of Victoria at Beaufort, Victoria, 50 km from Ballarat. In 1883 when he married at the age of 29, Hughes was working with the Bank of Victoria, though possibly not, so far as I know, at its Beaufort branch. In 1906 he was manager of the Beaufort branch when his daughter Beatrix, my great grandmother, married. His son Vyvyan was born in Beaufort in 1888 but his son Reginald was born in Essendon, Melbourne, in 1886, so I assume Edward Hughes moved to Beaufort about 1887. He retired from his job of bank manager in Beaufort in 1919 due to ill health.

Bank of Victoria, Beaufort, 1890s – from Museum Victoria Reg. No: MM 001094

In mid-April 1893, while Hughes was manager at Beaufort, there was a run on the bank. The branch at Beaufort ran out of bullion and Mr Hughes travelled to Ballarat by the 2 p.m. train for more gold.

A DEMAND FOR GOLD. (1893, April 14). The Age (Melbourne, Vic. : 1854 – 1954), p. 5. Retrieved from http://nla.gov.au/nla.news-article193438039
THE BENDIGO ADVERTISER. (1893, April 15). Bendigo Advertiser (Vic. : 1855 – 1918), p. 4. Retrieved from http://nla.gov.au/nla.news-article88966637

When I think of a bank run I think of the scene from the film  of Mary Poppins when Michael wants to keep his tuppence to feed the birds.

There was a report that the bank declined to take deposits from some of their customers who had withdrawn their funds at the time of the run.

The Portland Guardian (1893, April 19). Portland Guardian (Vic. : 1876 – 1953), p. 2 Edition: EVENING. Retrieved from http://nla.gov.au/nla.news-article65442835

The Beaufort depositors in the Bank of Victoria were right to be wary .  On 28 January 1893 the Federal Bank of Australia in Melbourne had run out of cash and closed. On 4 April the Commercial Bank of Australia, then one of Australia’s largest, suspended operations. Twelve other banks  followed in quick succession and depositors struggled to retrieve their savings.

On Sunday 30 April the Victorian Cabinet met and in an attempt to manage the financial crisis, decided to close all banks for the following week.

The Oxford Companion to Australian History summarises the crisis:

The drying up of British capital inflow after the Baring crisis of 1890 spelt the end of the over-extended financial system. As asset prices fell and borrowers defaulted, the lending institutions came under pressure.The fringe financiers fell first. Eventually, the banks too began to experience financial losses, falling share prices, and panicking depositors. Thirteen of Australia’s 22 banks closed their doors in 1893. All but two reopened within the year. However, all of the survivors had been forced to reconstruct.(page 58)

On 1 May 1893 the Bank of Victoria and other Victorian banks closed their doors for a week.

THE FINANCIAL CRISIS. (1893, May 2). The Age (Melbourne, Vic. : 1854 – 1954), p. 5. Retrieved  from http://nla.gov.au/nla.news-article193419212

The Bank of Victoria re-opened at 2.30 on Wednesday 3 May. (SITUATION IN MELBOURNE. (1893, May 4). The Age (Melbourne, Vic. : 1854 – 1954), p. 5. Retrieved from http://nla.gov.au/nla.news-article193417046)

On 12 May the shareholders and depositors of the Bank of Victoria approved a scheme of reconstruction. (THE BANK OF VICTORIA. (1893, May 13). The Age (Melbourne, Vic. : 1854 – 1954), p. 15. Retrieved from http://nla.gov.au/nla.news-article193419451 LARGE MEETING OF DEPOSITORS. (1893, May 13). The Age (Melbourne, Vic. : 1854 – 1954), p. 15. Retrieved  from http://nla.gov.au/nla.news-article193419452)

E. W. Hughes retired in 1919 aged 65. He died in 1922 in Melbourne.

What People are Saying and Doing. (1919, November 13). Table Talk (Melbourne, Vic. : 1885 – 1939), p. 6. Retrieved from http://nla.gov.au/nla.news-article146472785

I had trouble identifying the building of the former Beaufort Bank of Victoria. In the twentieth century the building, in Havelock Street, was converted to a Masonic Hall. A parapet was added incorporating the Masonic device of a square and set of compasses.  The building has since been subdivided into three flats and sold.

16 Havelock Street Beaufort from Google street view as at February 2010

The Bank of Victoria merged with the Commercial Banking Company of Sydney in 1927. The CBC merged with the National Australia Bank in 1982.

Sources

  • Hudson, Helen Lesley Cherry stones : adventures in genealogy of Taylor, Hutcheson, Hawkins of Scotland, Plaisted, Green, Hughes of England and Wales … who immigrated to Australia between 1822 and 1850. H.L. Hudson, [Berwick] Vic, 1985.
  • Foster, S. G. (Stephen Glynn), 1948-, Aplin, G. J. (Graeme John) and McKernan, Michael, 1945- Australians, events and places. Fairfax, Syme & Weldon Associates, Broadway, N.S.W, 1987.  
  • Davison, Graeme, 1940-, Macintyre, Stuart, 1947- and Hirst, J. B. (John Bradley), 1942- The Oxford companion to Australian history. Oxford University Press, Melbourne ; Oxford, 1999. 
  • Wikipedia contributors, “Australian banking crisis of 1893,” Wikipedia, The Free Encyclopedia, https://en.wikipedia.org/wiki/Australian_banking_crisis_of_1893 (accessed August 14, 2015). 

Related posts

  • K is for Kanatte General Cemetery in Colombo concerning Vyvyan, son of E. W. Hughes, who was born in Beaufort and grew up there. Vyvyan died during World War 1.
  • Wednesday Wedding : 11 September 1906 de Crespigny and Hughes  the wedding of Beatrix, only daughter of E. W. Hughes, at Beaufort
  • The Bank of Victoria in Collins Street concerning another of my great great grandfathers, Philip de Crespigny, who also worked for the Bank of Victoria

The Bank of Victoria in Collins Street

30 Thursday Oct 2014

Posted by Anne Young in Bank of Victoria, Champion de Crespigny, GSV, Melbourne, obituary, street directories

≈ 5 Comments

I had a few minutes spare in Melbourne before the train home so I went to the library of the Genealogical Society of Victoria. The GSV is in the Emirates building on Collins Street midway between Elizabeth and Swanston street.

As a quick genealogical task to make use of the library’s resources, I thought I would look up an old street directory to see where my great great grandfather, Philip de Crespigny (the bank manager), worked. I had always looked out the tram window when travelling along Collins Street and wondered which of the marvellous buildings had been the headquarters of the Bank of Victoria in the early twentieth century.

Collins Street from Elizabeth Street, Melbourne 1916 Taken By: Kerr Brothers; Original image from The State Library of Victoria. This Image restored by Foto Supplies, Albury, NSW, Australia and retrieved from https://www.flickr.com/photos/oakleystudios/6662752687/in/set-72157628707506273/

“Southside of Collins Street between Elizabeth and Queen Streets, only the Former Mercantile Bank (345 Collins Street) remains mostly intact.” retrieved from http://www.skyscrapercity.com/showthread.php?t=229272&page=6

Philip de Crespigny (1850-1927) was the son of Philip Robert Champion Crespigny (1817-1889) who I refer to as Philip the gold warden, and Charlotte Frances née Dana (1820-1904). Philip worked for the Bank of Victoria for most of his life.

Philip’s obituary in the Argus mentions he became general manager of the Bank in 1916.
MR. P. C. DE CRESPIGNY. (1927, March 12). The Argus (Melbourne, Vic. : 1848 – 1957), p. 34. Retrieved October 30, 2014, from http://nla.gov.au/nla.news-article3843151
The quickest source of information was a Sands and McDougall directory for 1919.

In 1919 the headquarters of the Bank of Victoria was at 257 Collins Street.  With the aid of a Google maps I worked out it was less than a minute walk; in fact it was the building I was in. I could have looked at my GSV membership card!

257 Collins Street July 2014 from Google Street view
The building was redeveloped by the Commercial Banking Company of Sydney in the early 1970s. It was refurbished in 2000. The building my great great grandfather worked in does not survive.

Photo from Annual Report 1973 which included a major feature on 257 Collins Street, Melbourne to celebrate its completion during 1973. Retrieved from http://www.cbcbank.com.au/images/branches/vic/VIC%20Melb%20Office.htm

This is a picture of the building in 1918. The building was designed by Joseph Reed in 1862. An article in The Age of 21 May 1985 by John D Keating states that the building’s facade was inspired by the Palazzo Pesaro in Venice. The interior of the building was renovated in the 1930s.

7th war loan poster on the Bank of Victoria, Collins Street, Melbourne, 1918. Retrieved from National Library of Australia http://nla.gov.au/nla.pic-vn6388721

I wonder if my great great grandfather went to the Hopetoun Tea Rooms across the street in the Block Arcade and liked the cakes as much as I do.

Hopetoun Tea Rooms in June 2013. I cannot find a picture from the early twentieth century. They have been in the Block Arcade off Collins Street since the 1890s.
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