International Marxist Group Archive

Magazines, bulletins and booklets of the IMG and its forerunners, 1961–1984

Golden cirole grows

The Bulletin Vol. 3, No. 21, 23 December 1963 · p. 5 of the scan · 201 words

The scan: tb-v03n021-22-23-dec-1963.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Tesseract OCR) from a scan of a stencilled typescript and has not been corrected. Expect misread words; titles in particular are often garbled where the issue printed no contents list. Quote from the scan, not from this page.
How this article was cut and titled: capitals heading; heuristic; title from the issue's contents list (match 0.94).

From a Croyden correspondent

The Bvening Standard of Thursday, Dec. 5th reported: "The namos of 145 new members of that most exclusive moneyed elite, tho underwriting nombers of Lloyd's, are announced today. They are men who have more than £75,000 capital —- Lloyd's call it"the show of wealth" — and the impeccable charactor necessary to pass tho votting of Lloyd's comnittoa.

Some, of course, are professional insurance mon. Int most aro just "names", Thoy never go noar the place. Thoy simply—invest their money in a syndicate and collect the profits 3 years later.

Mr, Raymond Montague Turton, son of the founder of th» chain stors tailors and a director of Foter Robinson, is on the list, So are Major— Goencral Mortimer Dogert, former commandant of the Canadian Staff Colleges ond 8 other military mons

Men of many professions remote from tho City are included in this charmed circle. Sir Oliver Goonetilleke, who was Governor-General of Ceylon until last year, and Mr. Drian Cuddigan, an Oxford locturer, ars beth on the lists

Their money is certainly safe» Tho last total of profita published for tha yoar 1960 — was well over £29 million, And the social enchet is etamped in purse gold,

← Ilornsoy CP aplitCoop share of rotail trade faros badly →

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