Of all the business colossuses that Port Elizabeth has produced, John Paterson might outrank them all except perhaps the Mosenthal Brothers. Pamela Ffolliott correctly labels Paterson a Titan. To successfully establish two enterprises of the stature and calibre of Standard Bank and the E.P. Herald which have endured for more than a century and a half is testament to his foresight. Paterson encapsulates the vision, energy, restless spirit and other attributes of a successful businessman.
As his two most notable business accomplishments viz the establishment of the Eastern Province Herald and Standard Bank have been examined in detail elsewhere, this blog will only investigate the earlier life of this remarkable, indefatigable man as well as his civic-mindedness which drove his desire to establish a municipality in this forsaken town.
Main picture: John PatersonContinue reading