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F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
Scottish founder of HSBC (1834–1922)
Caricature of Thomas Sutherland by Spy
Sir Thomas Sutherland , GCMG (Chinese : 蘇石蘭 16 August 1834 – 1 January 1922) was a Scottish banker and politician, initially elected to represent the Liberal Party and then as a Liberal Unionist . He founded The Hongkong and Shanghai Banking Corporation which was the founding member of HSBC Group and directed the P&O Company .
Early life [ edit ]
Sutherland was the son of Robert Sutherland and Christian Webster of Aberdeen . He was educated at Aberdeen University .
Sutherland got his start clerking in the London office of the Peninsular and Oriental Steam Navigation Company (P&O ). Soon after, P&O promoted Sutherland to superintendent, assigning him to British Hong Kong to manage the firm's Asian operation.[2]
In 1863 he became the first chairman of the Hong Kong and Whampoa Dock . In order to help finance the burgeoning trade between China and Europe, and explore the potential for China—United States trade, Sutherland established The Hongkong and Shanghai Banking Corporation in 1865[3] and became its first vice-chairman.
He was appointed member of the Legislative Council of Hong Kong from 1865 to 1866. In 1872 he was appointed Managing Director of P & O.[4]
In November 1884, Sutherland was elected at a by-election as the Member of Parliament (MP ) for Greenock .[5] A Liberal, he was re-elected in 1885 , but when the Liberals split over Irish Home Rule he joined the breakaway Liberal Unionist Party . He was re-elected as a Liberal Unionist in 1886 , but lost the seat at the 1892 general election . However, he was reinstated when his opponent was unseated on petition,[6] and held the seat until he stood down at the 1900 general election .[6]
Personal life [ edit ]
In 1880, Sutherland married Alice MacNaught. She was the daughter of Rev. John Macnaught of Trinity Church, Conduit Street, London , England . The couple had two sons, and a daughter, Helen Christian Sutherland (1881–1965), known as an art patron; one of the sons, Eric Macnaught Sutherland, died in the Second Boer War , the other son, Thomas Leslie Macnaught Sutherland, died during World War I . In 1920, his wife Alice died.[7] [8]
Death and legacy [ edit ]
In 1922, Sutherland died in London , England .
Sutherland Street in Sheung Wan , Hong Kong was named after him.
References [ edit ]
^ Burke, Bernard; Ashworth Peter, Burke (1910). A Genealogical and Heraldic History of the Peerage and Baronetage, the Privy Council, Knightage and Companionage . Harrison. p. 2367.
^ Winn, Christopher (2012). I Never Knew That About the Scottish . Random House. ISBN 978-1407028934 .
^ Finel-Honigman, Irene (2009). A Cultural History of Finance . Routledge. p. 116. ISBN 978-1135238513 .
^ Debretts Guide to the House of Commons 1886
^ Craig, F. W. S. (1989) [1977]. British parliamentary election results 1832–1885 (2nd ed.). Chichester: Parliamentary Research Services. p. 548. ISBN 0-900178-26-4 .
^ a b Craig, F. W. S. (1989) [1974]. British parliamentary election results 1885–1918 (2nd ed.). Chichester: Parliamentary Research Services. p. 510. ISBN 0-900178-27-2 .
^ Harcourt, Freda. "Sutherland, Sir Thomas". Oxford Dictionary of National Biography (online ed.). Oxford University Press. doi :10.1093/ref:odnb/36373 . (Subscription or UK public library membership required.)
^ Bill Peschel, ed. (2014). The Early Punch Parodies of Sherlock Holmes . Peschel Press. p. 282. GGKEY:F7G5E4WJ95H.
External links [ edit ]
R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=Thomas_Sutherland_(banker)&oldid=1234149175 "
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