Code | DS/UK/199 |
Surname | Taylor |
Forenames | James Frater |
Dates | 1873 - 1960 |
Activity | Born in Aberdeen, Taylor's early career was involved in managing various companies including the Madras Electric Tramways in India, the brewers Samuel Allsopp of Burton upon Trent, and the Lake Superior Corporation of Canada (owners of steel company Algoma Steel). When Governor Montagu Norman was looking for a manager to reorganise the engineering company Sir W. G. Armstrong Whitworth & Co Ltd, Taylor's name was recommended as a candidate, and he was appointed to the Board in 1925. Taylor also joined the Board of Pressed Steel in 1926, and in the same year was appointed to the Macmillan Committee on finance and industry. Norman asked him to be the first Managing Director of the Securities Management Trust (SMT), the vehicle set up by the Bank of England in 1929 to promote industrial rationalisation. However, ill health forced him to resign from SMT at the end of 1929. Taylor emigrated to Canada in 1940. |
Source | Oxford Dictionary of National Biography |
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