TO SPEND £2,000,000
Plenty of Advice
The man who has £2,000,000 to spend is being snowed under with suggestions ns to how to spend it. He is slim-built greyish-haired, spectacled. 40-year-ohl Mr. L. P. Lord, newly-appointed manager of Lord Nuffield’s £2.000,000 trust fund to aid the special areas. "Some people have tlie idea that tl’.c money is to be given away. That Is absurd. It is to be invested in industry in the distressed areas—to start it up again.
'“We have sound schemes, and though they are in the early stages we are going to push on with them at full speed. Discussions have to take place with two or three Government departments first. “Lord Nuffield’s interest in the scheme docs not end with his gift. He is taking a lively interest in everything that is being done.” ■Weekly meetings of the trustees of the fund —Lord Portal, Mr. Seebohm Rowntree and Mr. Nigel Campbell—are planned.
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Bibliographic details
Dominion, Volume 30, Issue 154, 27 March 1937, Page VI (Supplement)
Word Count
156TO SPEND £2,000,000 Dominion, Volume 30, Issue 154, 27 March 1937, Page VI (Supplement)
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