The Archive · 1932

New President of &0. Bank

London, Nov. 9.

The Earl of Incheape, who reently succeeded to the title "m the death of his father, has new been appointed to his father's place as President of the P. & O. Banking Corporation. His father, who was the first Earl of Incheape and who was formerly known as Mr. James T, Mackay, was the famous. shipping magnate who during his lifetime built up the P. & O. and other steamship companies, ex: ut the country's overwhelm ne expression of "Won" sentiment me the depression, the wur debts isle, and the tariff probletn paper "holds that the President. though having different polloi froma those advocated by the defeated President Hoover in dealing with them, will meet with similar Mr. W. E. Preston has been made chairman of the beard of directors Gf the P. & 0. Banking Corpora tion, of which he haz previously been vice-chairman, as well as holding the position of chie? manager of the Chartered Bank of India, Australia and China.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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