INTO THE CITY

Evening Post, Volume CIX, Issue 37, 13 February 1930, Page 9

INTO THE CITY

POLITICS TO BUSINESS LORD LLOYD'S NEW iPOST ' (From "The Post's" Representative.) LONDON, 2nd January. It is announced that Lord Lloyd, who resigned his post as High Commissioner for Egypt last July, owing to disagreement with the Socialist Government on matters of policy, has joined the directorate of the International Sleeping Car Company (Compagnie Internationale dcs Wagon-Lits et dcs Grands Expres Europeens). It would be a great mistake to suppose that Lord Lloyd's new interest in the city will handicap in any way his political activities. In an interview with a representative of the "Morning Post," Lord Lloyd said: — ' "I certainly do not intend that mv work as director of the International Sleeping Car Co. should interfere with lny interest in politics, which will remain unabated. I have every confidence that I shall still be able actively to espouse those Imperial causes for which I have always fought, as well as to discharge the new and interesting duties which I have just undertaken." Lord Lloyd's wide experience of travel will render him an invaluable addition to a board which already includes many prominent names in finance and commerce, both from England and Continental countries. The chairman is M. Despret, president of the Bank of Brussels, and the vice-president Sir Edmund Wyldboro-Smiih, chairman of Messrs. Thomas Cook'and Son, the tourist agency which was amalgamated with the International Sleeping Car Company last February. The share capital is £1,318,000, and debentures and loans outstanding amount to £7,059,000. In thus taking up a city appointment, on the reliuquishmeut of office, Lord Lloyd has followed a course which is increasingly recommending itself to leading men in public life. Among others who have gone to the city after returning from high office overseas may be mentioned Earl Buxton, ex-Governor-General of South Africa, and Lord Beading, ex-Viceroy of India. Members of the late Government who already occupy appointments in the city include Sir Austen Chamberlain and Sir Laming WorthingtonEvans (Greater London and Counties Trust); Mr. L. C. Amery (Industrial Finance and Investment Corporation); Sir Samuel Hoare, who is a director of two assurance companies; Sir Arthur Steel-Maitland (United Dominions Trust); Viscount Peel (Barclay's Bank); Lord Lovat (Sudan Plantations) ; Lieut.-Col. C. M. Headlam, who is a director of two large timber companies; Sir Philip Cunliffe-Lister (chairman of the Tin Producers' Association); Lord Brentford (Northern Assurance Company). Lord Birkonhead resigned from' the late Government in order to go into the city, where lie now lioWs four appointments.