FUTURE OF THE TIMES.
WHO WILL SUCCEED NORTHCLIFFE? MANY ASPIRANTS. By Telegraph.—Press Assn.—Copyright. London, August 26. Mr. Garvin, writing in the Observer on the future ownership of the Times, state* there are many aspirants to succeed Lord Northcliffe as chief proprietor, and the keenest competition is expected. The aspirants mentioned include Sir John Ellerman, now the second largest shareholder, Lord Rothermere, Lord Beaverbrook, owner of the Daily Express, Sir Mackay Edgar, owner of the Saturday Review, Sir William Berry, who. with his brother, has purchased the Sunday Times, the Graphic and Cassell’s publishing business. Mr. Garvin states that Mr. Lloyd George and wealthy friends, including ■Sir William Berry, will make desperate efforts to secure the Times, but he considers that Lord Northcliffe probably took steps in his will to prevent the paper falling into such hands. He estimated that Lord Northcliffe, directly and indirectly, paid £900,000 to get control of the Times, and the proprietorship cost him from first to last £2,500.000.
Mr. Garvin reveals that Lord Northcliffe once intended and discussed with him the framing of a will, something like that of Mr. Cecil Rhodes, under which the Times would be endowed permanently as a national organ, above all petty influences and an impartial recorder of the world’s events, and would become Lord. Northcliffe’s own great monument for ever. In later years Lord Northcliffe’s attitude on the matter changed, but he retained the intention of dominating the future of the Times by his will. . This would involve enormous expense, and it remains to be seen when the contents of the will are disclosed. whether he attempted, to Carry out such a plan.
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Taranaki Daily News, 29 August 1922, Page 5
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273FUTURE OF THE TIMES. Taranaki Daily News, 29 August 1922, Page 5
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