CONTROL OF A PAPER.
“PERPETUAL INDEPENDENCE. ’ ’
COMMITTE FOR CONTROL. _ ; LONDON, July 27. Plans to' ensure perpetual independence of the London Times have now been completed. ~ The Times announces the constitution of a committee whose object shall be to prevent the ownership of the paper _ being transferred to the highest bid-; der or falling into unworthy hands.” The committee ■'will have absolute, dis/ cretion to approve or disapprove of the tiansfer of any-of the controlling shares now held by Major J. J. Astor and Mr. John Walter.
It having been decided to enlist ’representatives of the judicial, academic; scientific, and financial spheres of ,na ! tional life, the following were invited to form a committee and have ed: The Lord Chief Justice, the Warden of All Souls’ College, Oxford, the President of the Royal Society, the President of the Institute of Chartered Accountants, and the Governor of the Bank of England. . i / The committee will act ex-officio, and if their.successors are unable to act in a-similar capacity provision is made to find substitutes. In selecting the cominittee the giliding principle .was to select _ persons precluded .-from participating in active polities. The committee 'will be- in -no -wise concerned with the management or edi torial policy of the paper.
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https://paperspast.natlib.govt.nz/newspapers/HAWST19240902.2.66
Bibliographic details
Hawera Star, Volume XLVIII, 2 September 1924, Page 8
Word Count
206CONTROL OF A PAPER. Hawera Star, Volume XLVIII, 2 September 1924, Page 8
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