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THE CHINA MAIL, SATURDAY, JANUARY 11, 1958.
Is CHURCHILL
a millionaire?
WITH Sir Winston Churchill still a centre
one more
of argument at 88, I hazard the guess that this great man has added distinction to the many he has achieved over the years. I suggest that he is the only man in Britain who has earned £1,000,000 since the war.
Of course there are at
least a
dozen who have By..........
MADE a million. They are
The big share speculator,
the cagar buyers and sellers
of properties, the specialists
in "take-over" deals,
With inflation olling the wheels their millions have piled up smoothly in the form of tax-free capital profits.
But SARNING a million is a far tougher proposition. It implies an earned income averaging £80,000 11
BERNARD
HARRIS
he lacked inherited wealth, thought that money shortage might prove a handicap to his political career.
that in 1921,
You find an odd reflection of In that year Lord Herbert Vane - Tempest was killed in a Welsh railway acci dent. He left is kinsman, year. Whiston Churchill, legacy
believed to be £5,000 a year,
"The news that Mr Churchill has
considerable come into a
TREMENDOUS
fortune has caused great interest
You may doubt whether
in political circles, wrate onC there is anyone with the commentator, "and the effect on
application, genius,
and his future josition is eagerly good fortune to achieve so discussed. tremendous figuré over period of 12 years.
"He may icpitimately empire to become himself a leader of a But there is good Party and ultimately Prime Minister, A railway disaster reason to believe that may thus prove to have had a Churchill has done this far-reaching efect on British with his books.
politics."
Indeed it is possible to That forecast proved accurate establish this astonishing though the reasons for making contrast; in the past 12 it were wrong..
years Churchill has earned
five times aN much as ¿L writer ng
he has drawn
from political activity ехи tending over more than half a century.
1040
M.P.'s PAY
ESTIMATE that since be became Prime Minister in
Churchill has drawn
£83,000 from politles,
It could have been more than that. When the electors re-
The comment is often made that Churchill's con- tribution to Britain's sur vival cannot be measured jeeted him in 1943 he drew his in money or paid in 42,000 a year as Leader of the pounds. No one disputes Opposition for only 10 months. that.
Nor did he draw the ex- Nevertheless I have sought to Prime Minister's pension of find out just how much in fact £2,000 a year which was avall the country bus paid him. able to him as an alternative, 1 find that up to 1939 He was content simply with an Churchill averaged less than ordinary M.P.'s pay of £1,000 £1,000 u year in politics. In a year. And when he again more than 30 years he drew a became Prime Minister in 1951 total of £92,000.
be "temporarily abated" his
Thu the total Churchill has received as politician and alatesman over a tremendous, of 55 epoch-making career year is of the order only of £175,000,
What
T
What has been Sir Winston's reaction to the flood of money it has produced?
Almost indifference. "I have little interest in, or need for the money," he said.
He has therefore put it into a trust fund for the benefit of his grandchildren,
tiny, inatgulfcant sum that is. It is hardly more flon twice ДЕ much as pa No details of the trust have ordinary administrative class been made available, but I civil servant can make in an properly planned and laid out undistinguished career: it repre o lax would be paid on the sents only 17 years' earnings for money going into it. Accord- the head of Q nationalised ingly, It must represent an industry, Certainly it is dwarfed extremely solid fortune for the
by Churchill's earnings from younger members of the what began as a spare-time Churchlt clan. activity-writing.
It was a lucky chance that his parents decided on an Army career for the young Churchill. For it was the urge to carna few pounds to supplement his subaltern's pay that first caused him to get busy with his pen. From thore carly efforts blossomed a talent which was to શ money-spliner un- rivalled by any other British
prove
Luthor,
FRONT RANK
THOUGH
Churchill wrote, several earlier books, it was the four volumes of The World Criada, pubished between 1923 and 1928, that established him in the front rank,
And with his sonring reputa- tion as a writer went the ability to command higher fees for newspaper articles than any body else except
corite.
only Lloyd
So
we come to 1945 when Churchill started on his monu- mental history of the Second World War.
Examine the money side of what Churchill called "y personal narrative,"
The serial fights were bought by Mr Henry Luce, the Time- Life publisher, for £250,000,
About 2,000,000 volumes have been sold in Britain, representing
TO CHARITY
THER substantial royalties have come In from the several volumes of Churchill's speeches and from the three volumes of the History of the English-Speaking Peopics, initial print order for cach volume is believed to have been 150,000, and ultimate sales will be much higher,
The
In the face of figures like this who can doubt that Churchill has earned the round million since 10457
g money too has come to him from other sources. The fund raised by well-wishers lo mark his 80th birthday produced £230,000,
Again Churchill kept little or hose of it for himself. The great built went into a trust to
help charities and to endow his hume, Chartwell, "as a muscum containing relics and memen- 1oes of my long life."
Chartwell itself had already bought from him by a been group of friends-belleved to include the inte Lord Camrose and Lord Catto.
RIVIERA? ALAS!
was provided that Churchill and his family should live
at Chartwell during his lifetime. Then the house and estate were, D selling price of close on to be honded to the National £3,000,000. As Churchill is Trust to be preserved as a believed to take a royalty of 15 memorial to him. per cent-against the usual 10 Against this background of per cent for less distinguished enormously high earnings and authors-this hus brought in a valuable gifts I like the remark: further £450,000.
attributed to Lady Churchill when she was looking at some houses-average price £30,000
In the South of France,
In addition the book has sold in enormous numbers in the US. and in other countries. It has been serialised in news- magazines in 40
In his earlier years there were sulary from £10,000 to £7,000 papers and some people who knowing that a year,
countries,
Men
"Hey, you of Destiny, stop
ΤΗ
HE scene is the top table at an annual dinner. One place among the gleaming white linen and glass is marked with an orchid. Your place.
Your turn has come, as it comes to so many of us, to bask in your husband's glory.
He is an honoured guest and he is going to make the speech of the night.
Maybe he is the Big Noise in his pro- fession, or he has just been appointed chuirman of his local club! maybe he is giving half a million to charity; maybe his employers are giving him a gold watch.
"We would love to buy a villa en the Rivlera," she said, "but we cannot afford it."
SYLVIA LAMOND sends
a memo
to all
tycoons
slandering
your wives!"
Whatever the reason, you are brought home four colleagues watching him now, out of the and д Chinese to dine off catter of your eye....
three chops).
The speech, which you heard earlier in the bedroom, sudden- ly lakes an unexpected turn. He pauses and half turns to you. His eyes
look a little foggy- with emotion....or could 11 be elgur smoke?
He is about to do what most men feel compelled to do en these occasions-pay public tribute.
you
Д
If you are so uninspired about "smart" coloura cost no more your wife-simply because you than the everyday colours. can't And words good enough- teave her out altogether.
And what's more, though you may not be as young as you Send her two dozen orchids were, you are, in his eyes, stili Instead, a queen,
That's
the sort
of
sign
Sing there in your, new language she understatida, dress and his anniversary pearls how do you feel now nis accolade is over?
TOW Just about the size of a pln- How do you like the idea of head? Wishing the floor would bath,
soaking in a bright orange Ht up like a Bellsha "I would never be where open up? Gnashing your teeth. beacon? I am today without my wife," on his good pearls?
he says in a firm, quiel voleo.
Bumpy road
It's quito clear what his audience' is feeling?----
That 20 years of marriage to You look nervously down into a moron need never conte be- your creme de menthe. You are tween a man and success.
And-liko genuinely touched.
The
A good sign
I hope this is a sign that manufacturero are losing their snob complex about colours. The same sign is there, in two other new ranges.
EITCHEN EQUIPMENT:
A
lovely clear illac (always con- sidered an expensive colour) at Buch average prices as 78. Dd. for a set of three mixing bowls.
It's a plasile bath, I've seen, pale coffee shade in the la-to-
· WALLPAPERS: An excellent with a strip of lighting con- cealed between the shell of the 24. rungo line with the trend away from-diesel-colour bath and the outer box,
walls, towards a soft back- plastic bath is new ground treatment. (cheaper than coloured porce- I've never understood, why n but the beautiful colour should have to loin, at about £23) Illuminations are not, Barbara cost more than a nasty, ODW,
lutton has been lighting up her But only last week, Wying to alabaster bath for ages.
buy a carpet ́ ́ in a particular But he is pressing on-deter-
pale brown l'a set my hart on. mined to tell 200 people why he No matter how sincero, he As a quary 8 a.m. bather, I found -ot £190. could never have stuck it with may be ho presenta her as a I'm against the orange, but I "Madumo" has very good
half-wit who did nothing but like the thought of switching on tesle,” said the antesmoans avgi You gave him a good home keep his dinner hot and slippers a pale mushroom tub and hop fully when I refused all the
•, and twɑ fine children. You warm for 26 terrible, smiling ping into a tremalucent party muddy browns in his chauper
never stopped smiling in 20 years.
Flow;
* carpetă: Akha sable is coo of yeurs (hore, ho alipa in the Do pipe, ue a break-you-mene There is a range of 45 colejams but log-pelos, colours, fundME hilarious story of the night he of dealing,
bathe in and “the. He didn't know why.
a drowning woman—you flash Of all the half-baked pictures back over the bumpy road you of the "Little Woman," this one have travelled with him.. from a grateful husband always
out you.
beats the lot.
theso
New Year Selection
"We've elected you The Politician of Last Year, Mr. Dulles, if you promise it was your last year."
AND SICK
"Ho's quitting films and going in for politics."
NATO
"If the Western scientists could only invent a guided missile that could talk to the Russians, I think "Dulles would like that.”
"My big sister doesn't know anything about the Bank rate but her diary has some smashing improper disclosures!"
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