Lord Overst,one died this day week, at the great age
of eighty- seven, the possessor of wealth which is supposed to have exceeded even the great sum of twelve millions sterling. He was the eon of the Rev. Lewis Loyd, a Unitarian minister, who abandoned the ministry for the profession of a banker on his marriage with the daughter of Mr. Jones, a Manchester manufacturer and banker. Mr. Loyd was sent to London to found the bank of Jones, Loyd, and Co., the germ of the great bank that is now called the London and Westminster. Mr. Samuel Jones Loyd (who in 1850 became Lord Overstone) was born in 1796, and educated at Eton, and at Trinity College, Cambridge, where he acquired a great love of the classical type of education, of which he was always a strong advocate. As the head of the banking company founded by his father, he inherited great -wealth, which he steadily increased, and became a pillar of the bullionist school of Bankers. He was also a great opponent of decimal coinage for England, and an active supporter of the Volunteer movement. When asked before a Committee what he would regard as the probable financial effect of an invasion of England, he answered sententiously, "It must never happen," an answer which has become historical. He was perhaps the only millionaire living to whom enormous maney wealth seemed to give almost as much dignity and status as the possession of half a county and a lineage dating from the Plantagenets.
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