10 SEPTEMBER 1937, Page 40

P. AND 0. CENTENARY.

The foregoing reference to Lord Craigmyle prompts a recollection of the fact that this week the Peninsular and Oriental Steam Navigation Company is celebrating its centenary, and I believe it is an occasion which will be marked by some form of festivities on all the company's ships, either at sea or in dock. The Times has marked the occasion this week by a special Supplement giving an ample history of the company from its early beginnings, when the company commenced to operate a mail contract, signed in August of 1837. The present Chairman and Managing Directors will, however, receive many congratulations, not only from shipping houses, but from financial and business firms in the City of London, where the importance of the P. and 0. Company is everywhere recognised, and where, moreover, there is a special recollection and appreciation of the notable men who have guided its fortunes in recent years ; such, for example, as the late Sir Thomas Sutherland, the late Earl of Inchcape and the present Chairman, Lord Craigmyle, until recently better known as the Hon. Alexander Shaw.