According to Banks' verbal accounts, as recorded at lectures, he realized the three principles while attending a marriage seminar held on Cortes Island, in British Columbia, Canada.
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The Name of the school is believed to have originated from Sun Yat-sen's Three Principles of the People (Chinese:三民主义).
The pro-Kuomintang and pro-ROC Khamba revolutionary leader Pandatsang Rapga, who established the Tibet Improvement Party, adopted Dr. Sun's ideology including the Three Principles, incorporating them into his party and using Sun's doctrine as a model for his vision of Tibet after achieving his goal of overthrowing the Tibetan government.
The three principles of self-governance, self-support (i.e., financial independence from foreigners) and self-propagation (i.e., indigenous missionary work) were first articulated by Henry Venn, General Secretary of the Church Missionary Society from 1841–73, and Rufus Anderson, foreign secretary of the American Board of Commissioners for Foreign Missions.