VALUELESS MILLIONS

Hawera & Normanby Star, Volume XLI, Issue XLI, 15 October 1921, Page 10

VALUELESS MILLIONS

- - - SIR ERNEST CASSEL'S GREAT SORROW.

LONDON, Sept. 23. 'You may have all the money in the world, yet be a lonely, sorrowing man.'' Thus Sir Ernest Cassel—the great banker and philanthropist, who died on Thursday—shortly after the death of his beloved daughter some years ago, according to his published personal recollection. "The light has gone out of my life. I live in this beautiful house, which is, furnished with all the luxury and wonders that art could find, but I no longer value my millions or the pictures in my home. I have sat here for houra every night grieving for my daughter. Sir Ernest Cassel's daughter died at Bournemouth of consumption at the age of 30. He had given scores of thousands for inquiry into tuberculosis and cancer; but this money did not avail to save the one person in the world most loved. The specially built bungalow in which she died was completely removed and re-erected in his garden at Moulton Paddocks, Newmarket. He would sit for hours in jt meditating. No other was allowed to approach it. He sought happiness by devoting himself to his eldest grand-daughter, E<3wina, a god-daughter of the late King Edward, who is expected to be the principal heiress. Sir Ernest Cassel said there was nothing, even the greatest financial successes, in life to equal the love of a devoted wife, or the delight of a j family of happy children. The things J that were best and worth having money could not buy.—Sun.

Evidence that competition amang shipowners is reviving appears in instructions recently received by the Auckland, agents of one of the great British shipping lines {states the Herald). It proposes to reserve accommodation on the trans-Atlantic voyage for passengers travelling by; the Canadian route, and under Fakes to convert sterling at. the rate of 4.§0. dollars. Another company operating in both the Pacific and Atlantic makes similar arrangements, but it has; been allowing only the banking rate of exchange. The circular from its rival makes the point that the higher conversion rate is equivalent to a discount of 25 per cent. ; on the passage money for tile Atlauti* trip.