Henry Strakosch
Encyclopedia
Sir Henry Strakosch was an Austrian banker and businessman. His parents were the merchant Edward Strakosch and his wife Mathilde, (née Winters). He worked for the Anglo-Austrian Bank of South Africa in the 1890s. He was chairman of the South African goldminers, Union Corporation
Union Corporation
Union Corporation is a South African mining house founded on 29 December 1897 as A Goerz & Co Ltd. It took over the interests of the British registered company founded by Adolf Goerz in 1893 by. The company was renamed Union Corporation in 1918....

 from 1924.

Strakosch became a naturalized British citizen in 1907. He served as a financial adviser to the South African government, and was the author of the 1920 South African Currency and Banking Act.

He was a member of the Royal Commission on Indian Currency and Finance during 1925 and 1926. He later served on the Council of India
Council of India
The Council of India was the name given at different times to two separate bodies associated with British rule in India.The original Council of India was established by the Regulating Act of 1773 as a council of four formal advisors to the Governor-General at Fort William...

 between 1930 and 1937, served as a delegate for India at the Imperial Economic Conference in 1932, and acted as adviser to the Secretary of State for India
Secretary of State for India
The Secretary of State for India, or India Secretary, was the British Cabinet minister responsible for the government of India and the political head of the India Office...

 between 1937 and 1942.

In his capacity as advisor to the South African government in financial matters he was the author of the South African Currency and Banking Act.

He was chairman of The Economist
The Economist
The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd. and edited in offices in the City of Westminster, London, England. Continuous publication began under founder James Wilson in September 1843...

between 1929 and 1943.

His involvement in the payment of the private debts of Sir Winston Churchill
Winston Churchill
Sir Winston Leonard Spencer-Churchill, was a predominantly Conservative British politician and statesman known for his leadership of the United Kingdom during the Second World War. He is widely regarded as one of the greatest wartime leaders of the century and served as Prime Minister twice...

, in 1938, was later cited in Nazi propaganda as evidence of Jewish involvement in British politics.

Policies

  • The South African Currency and Exchange Problem, Johannesburg, 1920.
  • The South African Currency and Exchange Problem Re-Examined, Johannesburg, 1922.
  • Monetary Stability and the Gold Standard, London, 1928.
  • A Financial Plan for the Prevention of War, London, 1929.
  • The Crisis. A memorandum, supplement to The Economist, 9th January 1932.

External links

  • Interwar Papers and Correspondence of Roy Harrod
    Roy Harrod
    Sir Henry Roy Forbes Harrod was an English economist. He is best known for his biography of John Maynard Keynes and the development of the Harrod–Domar model, which he and Evsey Domar developed independently...

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