Word: viscountal
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Significance. The final push that sent the bankers over seemed, of course, to have been the new elevation of the U. S. tariff (see p. 18). In England, however, domestic political implications loomed as large as the international economic significance. The doughty "Hearsts of England," Viscount Rothermere and Baron Beaverbrook, who received such a flaying fortnight ago from Conservative Leader Stanley Baldwin (TIME, July 7), have been advocating for months precisely this program now advocated by Britain's banks. They have been calling it "Empire Free Trade" (TIME...
...newspaper Viscount and the newspaper Baron have been called blatant mountebanks for ballyhooing "Empire Free Trade," have been denounced by the leaders of all three British parties (Labor, Liberal, Conservative), but how now? Is a little game played with three tariff shells and a rubber trade pea still disreputable when endorsed by the Bank of England, the "big five" and Morgan, Grenfell & Co.? Most certainly not! Wrong was made right in a trice, last week, and black white...
...Baron Beaverbrook then to achieve his consuming ambition? Will he become Prime Minister? Will he then make Viscount Rothermere's only son, Hon. Esmond Cecil Harmsworth, British Ambassador to Somewhere, as that young man and his doting father hope? Even in the face of last week's "miracle" such a development seemed remote?but the old guard politicians must work fast to avert...
...Press Lords" backed Loser David Lloyd George. Next they started a great national campaign for "Empire Free Trade" (TIME, Dec. 2, et seq.). Contributions to their campaign fund were handled by Treasurer Beaverbrook. Suddenly he vvithdrew from the "United Empire Party " returned all contributions to contributors (thus leaving Viscount Rotnermere holding an empty bag) and joined with Stanley Baldwin on the basis that "food taxes," a major feature of the Empire Free Trade" scheme, would be submitted to popular referendum by the Conservatives if returned to power (TIME, March 17). Tiring soon of slow Sheep Dog Baldwin, mercurial Baron Beaverbrook...
...concerning the competency of Owen Crosby Philipps, Lord Kylsant, sometimes called "Lord of the Seven Seas," chairman of the huge far-flung Royal Mail Steam Packet Co. which includes among its many steamship lines the White Star. Last year Lord Kylsant was publicly accused of mismanagement by his brother Viscount St. Davids. Royal Mail stock sank swiftly and dangerously, Royal Mail passed its dividend (TIME, Dec. 23). Lord Kylsant, it appeared, had purchased investments in "other than shipping companies." Good-will was not augmented by the knowledge that Lord Kylsant draws a huge salary based on a percentage...