5 JANUARY 1924, Page 32

FINANCIAL NOTE.

Among the New Year Honours announced on January 1st, none was better deserved or commanded more approval in the City than the Viscounty bestowed upon Lord Inchcape. Sometimes in the case of these honours an effort of memory is necessary before justifica- tion for them can be found. In the case of Lord Inchcape, however, I should outrun my space if I were even to begin to recapitulate his services during and since the War. Throughout the War his exceptional abilities and his practical knowledge on all questions of industry, finance and shipping were always placed freely at the disposal of the Government of the day, while later his services first on the famous Geddes Committee, and much more recently on the Indian Economy Committee, are