LATE LORD INCHCAPE

Hokitika Guardian, 26 May 1932, Page 5

LATE LORD INCHCAPE

LEAVES TWO MILLIONS

(United Press Association —By Electric Telegraph;—Copyright.)

LONDON, May 24. The “Daiiy Mail” .states it learns that after, the payment of the death duties, tf.ie late Lord Inchcape’s estate will amount to nearly two millions ’ siting. Times,” in a leader, says: Viscount Inchcape pos'essed shrewd and sound judgment of men and things. 'He showed, notably, when he modified bis deeply-rooted bo’ief in free trade, that he could be influenced by the advice and experience of others. He was jne of the Empire’s foremost authoriYieiS, not only in shipping, but also banking, marine insurance, and business. 'He served the Government well on all manner of committee^. The Chamber of Shipping sent a. message of .sympathy to Lady In escape, adding that thc Earl was a man of outstanding eminence in the worid ■trad© anM enjoyed universal respect and admiration. >

WAS A PENNILESS CLERK. LONDON, May 23. Lord Inchcape, who has ju v t (lied, 'went out to India as a penniless c’evk at 22. He was destined to become- chairman of the P. and 0. Steam-sh'p Cornpony, which is valued at £50,000,000. 'Of medium height, Lord TndV'npe did not look his years. He had a strong, determined face and a quiet manner. He was an authority on India, and was (several times called in to settle industrial dispute s here. He served on mo fewer than thirty-one important international commissions and committees, mainly as a financial expert. Shooting was about, the only sport to which he give much attention. He -spent practicalUy every summer in -Scotland at Glenapp, where he had extensive shootings Ho took h:s title from the famous livT'cane Pork off Arbroath.