Word: hambro
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
During the cheerless eight months since he had to devalue the pound, words of praise for Harold Wilson have been as scarce as sunshine at his habitual Scilly Isles vacation spot. Merchant Banker Jocelyn Hambro recently called him the worst Prime Minister since Lord North, who presided over the loss of the American colonies. The public, which voted Tory in by-elections all winter and spring, earlier this month gave Wilson the lowest rating that Gallup pollsters have recorded for any Prime Minister since they began sampling in Neville Chamberlain...
London's dynastic Hambro family, the world's biggest merchant bankers, started their moneymaking art two centuries ago, when a Hambro sea captain got word that the Queen of Denmark had died in Paris; he promptly cornered the market for crape in Copenhagen. Britain's Baring banking clan made a great leap forward by arranging an $11,250,000 bond issue for Thomas Jefferson's Louisiana Purchase. The Rothschilds of Paris and London grew to prominence by smuggling millions in gold through Napoleon's line to Wellington's forces in Spain. Such...
Courage is as common as caution. Working behind the scenes during World War II, Hambros Chairman Jack Hambro helped harass the German economy through black market operations in Nazi-occupied countries. Sometimes the rewards of courage are handsome. When California's Jergins Corp. was up for sale in 1950, nobody wanted to buy it-nobody but Lehman Brothers, which formed a group that picked up the company for $29 million, renamed it Monterey Oil. Within two years, the Lehman group paid off the full amount by selling some of the company's assets, yet still kept most...
Died. John Henry Hambro, 61, chairman of London's Hambros Bank Ltd., largest merchant bank in Europe, who helped triple his 126-year-old family firm's assets (now more than $500 million) by pushing beyond traditional sterling markets into such U.S. ventures as a $5,000,000 partnership in Wall Street's Laidlaw & Co., a $20 million share in Manhattan's Pan Am Building, and a brisk, $70 million annual trade in British car imports; of a heart attack; in Knebworth, England...
Died. Carl Joachim Hambro, 79, longtime leader of Norway's Conservative Party (1926-34, 1945-54), and last president of the powerless League of Nations (1939-46), who in 1944 horrified the League by suggesting that small nations should not be accorded equal vote with great powers in international organizations; after a long illness; in Oslo...