50 years ago: Financial sector; Delworth McLaughlin ‘keeps in touch’
Financial Secretary Vassal Johnson told the Chamber of Commerce that Cayman’s financial industry was in “first place in the economy”, according to a story in the 14 Aug. 1975 edition of The Caymanian Compass. Noting that people in the tourism industry would not agree with that assessment, he said, “It can quite rightly be said that the financial industry has always boosted tourism”, adding, “It is the big financier who can afford the best accommodation and stay the longest.” For a more complete summary of the story, please see the below link:
Published on: Aug 24, 2025 05:49 PM