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                <text>Letter from Alfred E. Stearns to H.D. Dimmick, New York, September 25, 1924</text>
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                <text>25 September 1924&#13;
Mr. H.D. Dimmick,&#13;
International Banking Corporation,&#13;
60 Wall St.,&#13;
New York, N. Y.&#13;
&#13;
Dear Sir;&#13;
&#13;
Your letter addressed to "Mr. Alfred Stearn" and "Phillips Exeter Academy", Andover, Mass., has been duly received. Please note that as I am not a New Yorker my name carries an S on the end of it and that the school I represent is Phillips Academy, and not the Phillips Exeter Academy, our sister school located up in New Hampshire.&#13;
&#13;
I am greatly relieved to have the confirmation of the source, of the $2,000 check received by me late in August, for it was my understanding at the time that it came from my old friend Mr. Tsai Shou Kie for the expenses of his son who has been my ward for several years. I am still in the dark about Mr. Kay Tu though a further report from the Western Union at Seattle, Washington, advises me that the boy carries letters of introduction to me from several prominent Chinese officials, including one or two of our old Andover boys. I have no doubt therefore that he is perfectly reliable but that through some miscarriage the check which is father is supposed to have remitted to me has failed to reach its destination. As he should report here within the next few days I shall no doubt be able to check up with film and straighten matters out.&#13;
&#13;
Very sincerely yours,&#13;
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                <text>81 Council Road&#13;
Tientsin, China, August 29, 1924&#13;
August 29, 1924&#13;
&#13;
My dear Mr. Stearns:&#13;
&#13;
I beg to inform you that a sum of two thousand gold dollars ($2,000) was remitted to you by telegraphic transfer on the 28th instant thru the International Bank of New York for Kuo Fang’s expenses.&#13;
&#13;
With reference to Kuo Fang’s future, I have instructed Kuo Tsao to see what best arrangement can be made for him. In case it comes to the decision of sending the boy home, then whatever the balance left on hand, after a complete settlement of all his accounts, may be turned over to Kuo Tsao. If it should be better for the boy to remain and further his studies in the States, it is my earnest wish that you will be kind enough to continue in giving him the benefit of your guardianship.&#13;
&#13;
I presume you have by this time received my letter of July the 5th. The last I heard of Kuo Tsao that he is recuperating himself in the Catskill Mountains. He has no date of returning to China yet.&#13;
With kindest regards in which Kuo Pao joins,&#13;
&#13;
Very sincerely yours,&#13;
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                <text>29 September 1924.&#13;
Mr. Tsai Chou Kie,&#13;
82 Council Road,&#13;
Tientsin China.&#13;
&#13;
My dear Tsai:&#13;
&#13;
Let me acknowledge receipt of your letter of August 29th.&#13;
&#13;
The $2,000 referred to was received during the latter part of August, just before I returned from my summer home in northern New Hampshire, and was at once deposited to Kuo Fang's account. I have held it there waiting further instructions from you or from him. or from K.T. Your letter so far is the only intimation I have received as to the disposition to be made of the money in question.&#13;
&#13;
As I think I wrote you some time ago, J turned over to K.T. the balance which I was carrying on K. F’s account, in the belief that K. T. was to handle his brother's affairs during the remainder of the American sojourn unless it was eventually decided to allow K.F. to continue his education in this country. I have heard nothing from either of the boys since midsummer; when they were in the Catskill mountains, but I have no doubt that they will advice me shortly where they are, what their plans are and what disposition therefore shall be made of the funds you have recently placed in my hands. If it is decided that K.F is to remain in the states and continue his education, I shall of course be very glad to continue to act as his guardian so far as conditions permit, although I am afraid I have not been a very helpful or inspiring guardian in this particular case.&#13;
&#13;
With warmest personal regards and kindest remembrances to the various members of your family circle, believe me&#13;
&#13;
Very sincerely yours,</text>
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                <text>7 October 1924&#13;
K. T. Tsai.&#13;
Hotel Marseilles.&#13;
103rd Street and Broadway.&#13;
New York. N. Y.	&#13;
&#13;
My dear K. T.: &#13;
&#13;
Charlie dropped in on me this morning and gave me the shock of my life, for I had been trying ever since midsummer to figure out whether you two fellows were still alive and if so where on earth, or under heaven, You were looted. It seemed almost as if the earth had opened and swallowed you up. Anyway I am glad to get in touch with you once more and especially happy to know that your physical condition is so much improved. May the gain continue until the old trouble has entirely disappeared.&#13;
&#13;
I have just written a letter in Charlie’s behalf to the Eastman Business College. If anything further is required don't hesitate to let me know. In the meantime I am wondering what to do about the boy’s funds and am disposed, if you agree, to turn over into your hands the money received several weeks ago from your father and amounting to $2.000. Does this proposition meet with your full approval? I am still perfectly willing to act as the boy’s banker if anything can be gained thereby, but if you are to be in the country during the year I imagine that you will be far better able than I to handle the situation to the boy’s best advantage and interest. Please tell me frankly which course I should adopt. I understand from Charlie himself that he already owes you quite a sum above the amount which I sent you last summer, for which, by the way, I have not yet received any acknowledgment. I felt greatly relieved when Charlie told me this morning that the check had reached you, for I feared it might have gone astray.&#13;
&#13;
With the old time good will and best of wishes, believe me&#13;
&#13;
Very sincerely yours&#13;
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                <text>8 October 1924,&#13;
Eastman Business College.&#13;
Poughkeepsie&#13;
&#13;
Dear Sirs:&#13;
&#13;
The bearer of this letter, Mr. K.P.Tsai, or commonly known in this country as Charlie Tsai, has been a student at Phillips Academy for several years and my ward during that time. His two older brothers were here before him and his father, an early American student, is a prominent official in China.&#13;
&#13;
Mr. Tsai has been taking work with us preparatory to a college course. but he has not made the progress hoped for largely because of illnesses.His brother, who is now in this country, has discussed the problem with me and it has seemed wise to give the boy a business training from now on. 'The Eastman College has been selected and I hope that you will be able to admit the boy and give him the courses he desires. I feel sure that you find him as we have found him, a responsive and likable fellow who will prove a desirable member of your student body.&#13;
&#13;
Very sincerely yours.&#13;
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                <text>17 October 1924&#13;
Mr. K. F. Tsai&#13;
&#13;
North Hamilton St&#13;
Poughkeepsie N.Y&#13;
&#13;
My dear Charlie:&#13;
&#13;
Your good letter reached me this morning.&#13;
&#13;
I am glad to learn that things are going so well for you. May the good work continue and may you secure among the new environment Just the kind of training that will best fit you for largo usefulness in your home land.&#13;
&#13;
I have Just written K. T. I am sending him the money forwarded to me by your father this past summer. I understand that he is to deduct what you owe him and turn over the balance to you to be handled directly and personally by you. This is a big responsibility but one you have got to learn to shoulder sometime and I hope and believe that the experiment will prove justified by the results. If you are ever going to succeed in business in China or anywhere else, you must first learn to handle your own affairs in a businesslike way and to learn the real value of money. You know of course that I have had my misgivings about your ability in this line in the past. Just you see if you can’t fool me now and prove to my complete satisfaction and arouse the pride of your family and friends.&#13;
&#13;
With every good wish to you in which your many friends here would join if they knew of my writing,  believe me&#13;
Ever sincerely yours,&#13;
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                <text>Miss. E. Rosamond Greenwood, Andover, Massachusetts.&#13;
&#13;
My dear Miss. Greenwood,&#13;
&#13;
Thank you for your note and the check made out to Tsai. I was plain stupid, for the check should have been made out to Cole, and was indeed sent to him in payment of Tsai’s bill. The correction has now been made and another check sent.&#13;
I often think of you good people still slaving in the old office and wish you might be able to mix in with the necessary work a few glimpses of this lovely country, a breath of its stimulating air, and a tug or two at a line with a good fish on the other end of it. I seem to find a good bit of desk work that requires attention even up here, but I have had plenty of out of door exercise if not an over supply of actual recreation and certainly have no cause for complaint. I do hope that when your vacation period arrives you will be able to enjoy and profit by it to the full.&#13;
&#13;
With best wishes to you all, believe me, &#13;
&#13;
Very sincerely yours</text>
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              <elementText elementTextId="18343">
                <text>Letter from Alfred E. Stearns to K.T. Tsai, New York, N.Y. October 16, 1924</text>
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            <name>Creator</name>
            <description>An entity primarily responsible for making the resource</description>
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              <elementText elementTextId="18344">
                <text>Alfred E. Stearns </text>
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          <element elementId="45">
            <name>Publisher</name>
            <description>An entity responsible for making the resource available</description>
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              <elementText elementTextId="18345">
                <text>Phillips Academy</text>
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          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
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              <elementText elementTextId="18346">
                <text>October 16, 1924</text>
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          <element elementId="47">
            <name>Rights</name>
            <description>Information about rights held in and over the resource</description>
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              <elementText elementTextId="18347">
                <text>All Rights Reserved By Phillips Academy</text>
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          <element elementId="44">
            <name>Language</name>
            <description>A language of the resource</description>
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              <elementText elementTextId="18348">
                <text>English</text>
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          <element elementId="51">
            <name>Type</name>
            <description>The nature or genre of the resource</description>
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              <elementText elementTextId="18349">
                <text>Correspondence</text>
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          <element elementId="46">
            <name>Relation</name>
            <description>A related resource</description>
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              <elementText elementTextId="19968">
                <text>16 October 1924.&#13;
Mr. K. T. Tsai,&#13;
c/o Wah Chang Co.,&#13;
50 Church St.,&#13;
New York, N.Y.&#13;
&#13;
My dear K. T.: &#13;
&#13;
Your letter of October 15th has just reacted me and I have read it with the greatest interest.&#13;
&#13;
Frankly I am confident that you have made a wise decision in Charlie’s case for the definiteness of business training is what he evidently needs pretty badly at this time. I do hope the scheme will work out as wel1 as we want it to.&#13;
&#13;
 Please understand that I am still perfectly willing to continue the office of banker for Charlie if you decide later that this is best plan to follow. It does take a good bit of time I must admit and sometimes it has been hard to find that time just when it should have been invested. On the other hand it has given me a close contact with the boy even if the contact has not been of a character always to inspire is happiest feelings towards me, for Charlie, as you know, has been strongly disposed to use up his money pretty fast and I naturally had to try to hold him in check.&#13;
&#13;
The plan of putting him on his own resources and a definite allowance ought to work to his advantage provided he can be made to feel that no other sources of income are open to him. I have always understood that in addition to what was sent tie by your fatter, Charlie could from time to time successfully squeeze out of other members of the family more or less generous remittances which enabled him to weather financial squalls that seemed about to upset his boat. Perhaps I am wrong.  Anyway the value of the experiment will be largely nullified of course if money is sent him from other sources and he gets the impression that after all it doesn't count for very much whether he keeps within the bounds of his official income or not.&#13;
&#13;
I am enclosing the check herewith and shall count on you to hand the balance, after deducting what the boy owes you, to him, Please return the receipt also in order that I amy make proper and prompt report to your father. &#13;
&#13;
Are you going to get up this way before you turn your face towards China? I do wish I have another little visit with you. Possibly we could arrange to get together in New York some day for I am occasionally in that part of' the world.&#13;
&#13;
With warmest regards and all kinds of good wishes, believe me&#13;
Very sincerely yours,&#13;
</text>
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        <name>Dr. Alfred E. Stearns</name>
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        <name>K.T. Tsai</name>
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