Ex-Cabinet Ministers and Business On Tuesday Lord Birkenhead, before sailing
for America, announced that Sir Austen Chamberlain and Sir Laming Worthington-Evans would join him on the Board of the Greater London and Counties Trust. Lord Birkenhead is Chairman of this Trust, which controls a large number of electrical enterprises. All the ordinary shares were bought this year by a very large American Corporation—the Utilities Power and Light Corporation. Lord Birkenhead said on Tuesday that his American associates would give British investors an opportunity of buying shares on terms which he thought would be considered attractive, and remarked that the presence on the Board of such Directors as Sir Austen Chamberlain and Sir Laming Worthington-Evans would be a great advantage in making a public issue. Personally, we welcome the closer association of British and American enterprise. The Directors of the Trust are to be all British—a desirable stipulation in the case of a concern which provides a domestic commodity in this country.
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