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Sir George Touche, Bart., C.A. 1861–1935: A Memoir

Published online by Cambridge University Press:  24 July 2012

Mary E. Murphy
Mary E. Murphy
Affiliation:
Professor of Business Administration atLos Angeles State College
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Abstract

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The career of this influential accountant illuminates, with colorful Victorian overtones, the beginnings of the investment trust movement and the heyday of British international investment.

Type
Obituary
Information
Business History Review , Volume 34 , Issue 4 , Winter 1960 , pp. 467 - 477
Copyright
Copyright © The President and Fellows of Harvard College 1960

References

1 The writer wishes to express appreciation to Mr. G. L. C. Touche, F.C.A. London, for his helpful comments on this sketch of his father.

2 Brown, Richard, A History of Accounting and Accountants (Edinburgh, 1905), pp. 220–232Google Scholar. Also see A History of the Chartered Accountants of Scotland from the Earliest Times to 1954 (Edinburgh; The Institute of Chartered Accountants of Scotland, 1954)Google Scholar.

3 The Accountants' Magazine, Dec, 1924, pp. 653–655.

4 The Economist, issues of July 21, 1888, and April 6, 1889, contained several references to the rise of the investment company in British finance.

5 Encyclopaedia of the Social Sciences (New York, 1932), vol. VIII, pp. 280–281Google Scholar.

6 The Anglo-Argentine Tramways Company was capitalized at £30 million. There was a considerable British investment in the debenture and preference shares with the ordinary shares owned by Sofina, a large Belgian finance group. In the 1930's, the transport system owned by the company was nationalized and no payment was ever made to shareholders.

7 Obituary notice on Sir George Touche, The Accountants' Magazine, Aug., 1935, pp. 493–495.

8 See The Accountant, May 21, 1904, pp. 691–704; March 24, 1905, pp. 381–384; March 31, 1905, pp. 412–420; and Sept. 22, 1906, pp. 329–333.

9 Knowles, L. C. A., The Industrial and Commercial Revolution in Great Britain during the Nineteenth Century (London, 1930), p. 138Google Scholar.