Max Aitken, 1st Baron Beaverbrook
From Wikipedia, the free encyclopedia
Sir William Maxwell "Max" Aitken, 1st Baronet, 1st Baron Beaverbrook, PC (May 25, 1879 – June 9, 1964) was a Canadian – British business tycoon, politician, and writer.
Contents |
[edit] Early career in Canada
Aitken was born in Maple, Ontario, Canada in 1879, son of a Presbyterian minister. The following year, his family moved to Newcastle, New Brunswick, the place Aitken would always call home. It was here, at the age of 13, he published his first newspaper.
Although Aitken wrote the entrance examinations for Dalhousie University and registered at the Saint John Law School, he did not attend either institution. His only formal higher education came when he briefly attended the University of New Brunswick. Aitken worked for a short time as an office boy in the law office of Richard Bedford Bennett, in the town of Chatham, New Brunswick. Bennett later became Prime Minister of Canada and a business associate.
As a young man, Aitken made his way to Halifax, Nova Scotia where John F Stairs, part of the city's dominant business family, gave him employment, training him in the business of finance. In 1904, when Stairs opened his newly formed Royal Securities Corporation, Aitken became a minority shareholder and the firm's general manager. Under the tutelage of Stairs, who would be his mentor and friend, Aitken engineered a number of successful business deals and was planning to do a series of bank mergers; however, Stairs' unexpected early death in late September of 1904 led to Aitken acquiring control of the company. Stairs had given the untested and untrained Aitken an opportunity in business, just as Aitken would later do when he hired A. J. Nesbitt, a young dry goods salesman from Saint John, New Brunswick. Because Montreal, Quebec was the financial center of Canada, Aitken would send Nesbitt to open the Montreal branch of Royal Securities.
[edit] Canada Cement Scandal
In 1910 Aitken acquired many of the small regional cement plants in Eastern Canada, and amalgamated them into Canada Cement. Canada was booming at the time so he had the monopoly on the material. There were irregularities in the stock transfer, and Aitken quickly sold his shares, making a huge fortune and some cheated investors. Aitken then left for England. Some say had he stayed in Canada he would have been charged with securities fraud.
In 1912, Nesbitt left Aitken's employ to form Nesbitt, Thomson and Co. stock brokerage. Aitken appointed employee Izaak Walton Killam as the new President of Royal Securities and, firmly ensconced in England, sold the Canadian securities company to Killam in 1919.
On January 29, 1906 in Halifax, Max Aitken married Gladys Henderson Drury, daughter of Major-General Charles William Drury CBE. They had three children before her death in 1927.
Children with Gladys Henderson Drury:
- Janet Gladys Aitken (1908-1988)
- John William Maxwell Aitken (1910-1985)
- Peter Rudyard Aitken (1912-1947)
[edit] To England
Aitken soon moved to England and in 1910 became Unionist Member of Parliament for Ashton-under-Lyne. He bought and later sold control of the Rolls-Royce automobile company and began to build a London newspaper empire. He often worked closely with Andrew Bonar Law, another native of New Brunswick, who became the only Canadian to be Prime Minister of the United Kingdom. In 1911, he was knighted by King George V. During World War I, the Canadian government put him in charge of creating the Canadian War Records Office in London, and Aitken made certain that news of Canada's contribution to the War was printed in Canadian and British newspapers. Aitken also established the Canadian War Memorials Fund that evolved into a collection of war art by the premier artists and sculptors in Britain and Canada. His visits to the Western Front during World War I, during which he held the honorary rank of colonel in the Canadian Army, resulted in his 1916 book Canada in Flanders, a three-volume collection that chronicled the achievements of Canadian soldiers on the battlefields. After the War, he wrote several books including Politicians and the Press in 1925 and Politicians and the War in 1928.
Adding to his chain of newspapers, which included the London Evening Standard, he bought a controlling interest in the failing Daily Express from Lawson Johnson on 14 November 1916 for £17,500; he had been lending money to the paper and its proprietors since January 1911. He always obscured this transaction because it was at the same time as the Parliamentary crisis which replaced Asquith with Lloyd George, in which Beaverbrook's ally and protegé Bonar Law played a great part[citation needed]; A.J.P. Taylor, Beaverbrook's friend and biographer, assures us that this was a mere coincidence, brought on by Johnson's eagerness to be quit of the paper[citation needed].
He was granted a peerage in 1917, and in 1918 Beaverbrook became the first Minister of Information. He became responsible for allied propaganda in allied and neutral countries. Lord Northcliffe became a Director of Propaganda and control propaganda in enemy countries. During his time in office Beaverbrook had a number of clashes with Foreign Secretary Balfour over the use of intelligence material. Beaverbrook felt that intelligence should become part of his department, Balfour disagreed. Eventually the intelligence committee was assigned to Beaverbrook but they then resigned en masse to be re-employed by the Foreign office. Beaverbrook also came under attack from MP's who distrusted a press baron being employed by the state. He survived but became increasingly frustrated with his limited role and influence, and in September 1918 he resigned claiming ill health.
[edit] First baron of Fleet Street
Over time, he turned the dull newspaper into a glittering and witty journal, filled with an array of dramatic photo layouts and in 1918, he founded the Sunday Express. By 1934, daily circulation reached 1,708,000, generating huge profits for Aitken whose wealth was already such that he never took a salary. Following World War II, the Daily Express became the largest selling newspaper in the world, by far, with a circulation of 3,706,000. He would become known by some historians as the first baron of "Fleet Street" and as one of the most powerful men in Britain whose newspapers could make or break almost anyone. In the 1930s, while personally attempting to dissuade King Edward VIII from continuing his potentially ruinous affair with American divorcee, Wallis Simpson, Lord Beaverbrook's newspapers published every tidbit of the affair, especially the heir's apparent cosiness with Adolf Hitler.
[edit] World War II
During World War II, his friend Winston Churchill, the British Prime Minister, would appoint him as Minister of Aircraft Production and later Minister of Supply. Under Aitken, fighter and bomber production increased so much so that Churchill declared: "His personal force and genius made this Aitken's finest hour". Beaverbrook's impact on war time production has been much debated but his innovate style certainly energised production at a time when it was desperately needed. Beaverbrook also accompanied Churchill to several war time meetings with President Roosevelt. He also headed the British delegation to Moscow with American counterpart Averill Harriman. Throughout the war Beaverbrook remained a close confident of Churchill. However this did not stop arguments between the two such as over the second front over which Beaverbrook resigned in 1942. Clement Atlee commented that 'Churchill often listened to Beaverbrook's advice but was too sensible to take it'[citation needed]
[edit] The benefactor
After the war, Lord Beaverbrook served as Chancellor of the University of New Brunswick and became the university's greatest benefactor, fulfilling the same role for the city of Fredericton and the Province as a whole. He would provide additions to the University, scholarship funds, the Beaverbrook Art Gallery, the Beaverbrook Skating Rink, the Lord Beaverbrook Hotel (profits donated to charity), The Playhouse, Louise Manny's early folklore work, and numerous other projects.
In 1957, a bronze statue of Lord Beaverbrook was erected at the centre of Officers' Square in Fredericton, New Brunswick, paid for by money raised by children throughout the province. A bust of him by Oscar Nemon stands in the park in the town square of Newcastle, New Brunswick not far from where he sold newspapers as a young boy. His ashes are in the plinth of the bust.
Beaverbrook was both admired and despised in England, sometimes at the same time: in his 1956 autobiography, David Low quotes H.G. Wells as saying of Beaverbrook: "If ever Max ever gets to Heaven, he won't last long. He will be chucked out for trying to pull off a merger between Heaven and Hell after having secured a controlling interest in key subsidiary companies in both places, of course."
In England he lived at Cherkley Court, near Leatherhead, Surrey. Beaverbrook remained a widower for many years until 1963 when he married Marcia Anastasia Christoforides (1910-1994), the widow of his friend Sir James Dunn. Lord Beaverbrook died in Surrey in 1964. The Beaverbrook Foundation continues his philanthropic interests.
[edit] Legacy
Lord Beaverbrook and his wife Lady Beaverbrook have left a considerable legacy to his adopted province of New Brunswick and the United Kingdom, among others. His legacy includes the following buildings:
- University of New Brunswick
- Aitken House
- Aitken University Centre
- Lady Beaverbrook Gymnasium
- Lady Beaverbrook Residence
- Beaverbrook House (UNBSJ E-Commerce Centre)
- City of Fredericton, New Brunswick
- Lady Beaverbrook Arena (formerly operated by the University of New Brunswick)
- The Beaverbrook Art Gallery, including world-renowned art collection (N.B.'s provincial gallery)
- The Fredericton Playhouse
- Lord Beaverbrook Hotel
- City of Miramichi, New Brunswick
- Lord Beaverbrook Arena (LBA)
- Beaverbrook Kin Centre
- Lord Beaverbrook statue in Queen Elizabeth Park in Miramichi
- Aitken Avenue in Miramichi West
- City of Campbellton, New Brunswick
- Lord Beaverbrook School
- City of Saint John, New Brunswick
- Lord Beaverbrook Rink
- City of Calgary, Alberta
- The Beaver magazine
- Voted one of the top 100 "Worst Canadians". (August-September edition, 2007)
[edit] Trivia
| Trivia sections are discouraged under Wikipedia guidelines. The article could be improved by integrating relevant items and removing inappropriate ones. |
- Lord Beaverbrook has a lasting place in British popular culture as one of the famous English people taunted by name in Bjørge Lillelien's legendary commentary immediately after Norway defeated England in a FIFA World Cup qualifier in 1981.
- Lord Beaverbrook employed novelist Evelyn Waugh in London and abroad. Waugh repaid his employer by lampooning him in Scoop, as Lord Copper, and in both Put Out More Flags and Vile Bodies, as Lord Monomark.
- Lord Beaverbrook was the basis of the inspiration for the play and subsequent of Edward, My Son which shows the protagonist in a less than positive light.[citation needed]
- Lord Beaverbrook is referenced in English pop/rock band The Kinks song "Mr. Churchill Says".
[edit] See also
[edit] Bibliography
- Canada in Flanders (1916)
- Politicians and the Press (1925)
- Politicians and the War Vol 1 (1928)
- Politicians and the War Vol 2 (1932)
- Men and Power (1956)
- Friends: Sixty years of Intimate personal relations with Richard Bedford Bennett (1959)
- Courage (1961)
- The decline and fall of Lloyd George (1962)
- The divine propagandist (1962)
- My Early Life (1962)
- Success (1962)
- The Abdication of Edward VIII (1966)
[edit] Further reading
- Beaverbrook, by A.J.P. Taylor, 1972.
[edit] External links
- National Film Board of Canada biography
- Works by Max Aitken Beaverbrook at Project Gutenberg
- Ontario Plaques - Lord Beaverbrook
- his role as minister of Information during WW1
| Parliament of the United Kingdom | ||
|---|---|---|
| Preceded by Alfred Scott |
Member of Parliament for Ashton under Lyne December 1910–1916 |
Succeeded by Albert Henry Stanley |
| Political offices | ||
| Preceded by — |
Minister of Information 1918 |
Succeeded by The Lord Downham |
| Preceded by Frederick Cawley |
Chancellor of the Duchy of Lancaster 1918 |
|
| Preceded by — |
Minister of Aircraft Production 1940–1941 |
Succeeded by John Moore-Brabazon |
| Preceded by Andrew Duncan |
Minister of Supply 1941–1942 |
Succeeded by Andrew Duncan |
| Preceded by — |
Minister of War Production 1942 |
Succeeded by Oliver Lyttelton |
| Preceded by Viscount Cranborne |
Lord Privy Seal 1943–1945 |
Succeeded by Arthur Greenwood |
| Peerage of the United Kingdom | ||
| Preceded by New Creation |
Baron Beaverbrook 1917–1964 |
Succeeded by Max Aitken |

