INTUITION

Hawke's Bay Tribune, Volume XVII, 25 November 1927, Page 9

INTUITION

SUCCESS SECRET. MILLIONAIRESS EXPLAINS. London, Nov. 12. “Intuition is superior to all knowledge,” said Lady Houston, in explaining her visits to the Treasury to discuss the payment of her gift of grace to the nation. “It comes from God.” “Intuition,” she added, “is the secret of all my success in life. “It caused me to visit Mr. Winston Churchill, despite the pleas of wellknown lawyers. The gift is a ‘beau geste’ in a commemoration of my husband. Many may ridicule me, but the only way is to judge by results.”

Lady Houston last month visited the Treasury at night, and at a secret meeting discussed with the Chancellor of the Exchequer (Mr. Winston Churchill) and the Attorney-General (Sir Douglas Hogg) her voluntary offer to pay the death duties (estimated at £3,000.0(10) on her husband’s estate. The offer was accepted. Lady Houston married the shipping magnate (Sir Robert Houston) when he was 71 years old, and at his death retired to the Channel Islands, thus avoiding payment. of death duties. A public outcry arose, and Ladv Houston offered the sum voluntarily to the nation. BALE OF SHARES. London, November 23. The “Evening Standard” states that it is reported on the Stock Exchange that Lady Houston, in order io provide the ready money to meet an Exchequer payment, sold 250,000 Cortauld’s shares at £7 each. The deal was so cleverlv conducted that it has not affected quotations.—(A. and N.Z.)