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  3. November
  4. 4
  5. Albert Stanley, 1st Baron Ashfield

Deaths on November 4

Albert Stanley, 1st Baron Ashfield
1948Nov, 4

Albert Stanley, 1st Baron Ashfield

Albert Stanley, 1st Baron Ashfield, English businessman and politician, Secretary of State for Business, Innovation and Skills (b. 1874)
Albert Henry Stanley, 1st Baron Ashfield, (8 August 1874 – 4 November 1948), born Albert Henry Knattriess, was a British-American businessman who was managing director, then chairman of the Underground Electric Railways Company of London (UERL) from 1910 to 1933 and chairman of the London Passenger Transport Board (LPTB) from 1933 to 1947.

Although born in Britain, his early career was in the United States, where at a young age, he held senior positions in the developing tramway systems of Detroit and New Jersey. In 1898, he served in the United States Navy during the short Spanish–American War.

In 1907, his management skills led to his recruitment by the UERL, which was struggling through a financial crisis that threatened its existence. He quickly integrated the company's management and used advertising and public relations to improve profits. As managing director of the UERL from 1910, he led the take-over of competing underground railway companies and bus and tram operations to form an integrated transport operation known as the Combine.

He was Member of Parliament for Ashton-under-Lyne from December 1916 to January 1920 and was President of the Board of Trade between December 1916 and May 1919, reorganising the board and establishing specialist departments for various industries. He returned to the UERL and then chaired it and its successor the LPTB during the organisation's greatest period of expansion between the two World Wars, making it a world-respected organisation considered an exemplar of the best form of public administration.

References

  • Albert Stanley, 1st Baron Ashfield
  • Secretary of State for Business, Innovation and Skills

Choose Another Date

Events on 1948

  • 3Apr

    Marshall Plan

    United States President Harry S. Truman signs the Marshall Plan, authorizing $5 billion in aid for 16 countries.
  • 14May

    1948 Arab-Israeli War

    Israel is declared to be an independent state and a provisional government is established. Immediately after the declaration, Israel is attacked by the neighboring Arab states, triggering the 1948 Arab-Israeli War.
  • 15May

    1948 Arab-Israeli War

    Following the expiration of The British Mandate for Palestine, the Kingdom of Egypt, Transjordan, Lebanon, Syria, Iraq and Saudi Arabia invade Israel thus starting the 1948 Arab-Israeli War.
  • 16Jul

    1948 Arab-Israeli War

    Following token resistance, the city of Nazareth, revered by Christians as the hometown of Jesus, capitulates to Israeli troops during Operation Dekel in the 1948 Arab-Israeli War.
  • 3Aug

    Alger Hiss

    Whittaker Chambers accuses Alger Hiss of being a communist and a spy for the Soviet Union.

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