CASSEL, SIR ERNEST JOSEPH Anglo German financier, was born at Cologne, on March 3, 1852, the son of a small banker in that city, and at the age of 16 became a clerk in the banking firm of Elspacher. In 1870 he went to Lon don and entered the foreign banking house of Bischoffscheim and Goldsmid. There he attracted notice by his skilful disentangle ment of the accounts of the Khedival loans. Ir. 1884 he set up for himself and became interested in South-American finance. He re-organized the finances of Uruguay and issued three Mexi can loans, as well as acquiring the Royal Swedish railway and financing enterprises such as Vickers' absorption of the Maxim Nordenfelt Co. and the building of the Central London railway. He also raised a Chinese loan after the war with Japan. His prin cipal achievement was, however, the financing of the Nile irriga tion work, and in connection with that the founding of the National Bank of Egypt. During the World War, though he had long been a naturalized British subject, an unsuccessful attempt was made to have his name removed from the privy council. Sir Ernest retired in 1910 and died in London on Sept. 21, 1921. His daughter married Col. W. W. Ashley, M.P., Minister of Trans port, and their daughter, who inherited much of her grandfather's great wealth, married Lord Louis Mountbatten. Cassel's public benefactions to hospitals and for educational purposes have been estimated at two millions sterling. He helped to found the King Edward VII. sanatorium for consumptives at Midhurst, Kent, the Radium Institute, and created an educational trust for specified purposes, among these being facilities for workers' education.