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The
Venturers
BBC
1972 & 1975
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TX
: 7August 30 1972
Director : William Slater
Script : Donald Bull
Cast
: Sebastian
Breaks (Tom Prince), Brian Blessed (Harry Shannon), Joy Harrison
(Deborah), Kenneth Benda (Grimbold), James Kerry (David Aitken),
Mary Hignett (Beryl), Robert Fyfe (Firth), Douglas Wilmer (Gerald
Franklyn), John Saunders (Flood), Geoffrey Toone (Frederick
Lessing), John Wilding (Edward), Jacqueline Ellis (Dorothy Aitken),
Anne De Vilgier (Brenda Shannon), Ray Armstrong (Jason), Czeslau
Grocholski (Stan) and John Dunbar (Marshall).
Synopsis
: Bankers put their trust in men. An attractive character
and some fast talking can make or lose them a million. How do
Prince's assess the worth of Harry Shannon - a carpetbagger?
Notes : This episode was originally transmitted 8:10pm to
9:00pm.
TX
: 7th January 1975
Director : Darrol Blake
Script : Donald Bull
Cast
: John
Rees (Harry Calder), Christopher Chittell (Eddie), Brigid Erin
Bates (Susie), Charles Hill (Marshall), Gerald Case (Edward
Dryden), Charles Hodgson (Mark Hammerson), Margaret Wedlake
(Doris), Charles Kinross (Andrew Gorton), James Appleby (Fenner),
Oliver McFarland (Maeve Calder) and Maggie Grant (Beryl).
Publicity
: The Power Behind Prince's
- Tuesday's new series The Venturers is about the drama and
intrigue of high finance. Set in a merchant bank in the City,
the nerve centre of the financial world, it stars Geoffrey
Keen (of The Troubleshooters) as Gerald Lang, managing director
of Prince's. Here, Donald Bull, who devised the series, sets
the scene for The Venturers and Tim Heald gives a breakdown
on the "Accepting Houses" - merchant banks: Money
is fabulous stuff. Not just money as such - but all the things
it means to us: power, love, greed, fear, glory, all the basic
drives of our lives.
The Venturers is set in and around a great merchant bank of
the City of London - "Prince's", one of the handful
of "Houses" which over the past two hundred years
have made the City the key financial centre of the world.
It's no ordinary bank. At Prince's, millions are everyday
figures, for it deals in the money needs of corporations,
cities, countries, as well as the huge sums - it could be
Arab oil money - seeking investment. Prince's seven-storey
building in the City is a compact power centre whose decisions
touch every activity of man in which money plays a part -
which is just about everything. The men who make these decisions
are men of power - such as Gerald Lang (played by Geoffrey
Keen), managing director and executive head of Prince's.
Lang, fifty-five, is the maker of the modern Prince's, shaping
it from the sleepy family concern it once was into the toughly
streamlined organization it has to be to survive. Prince's
has taken on Lang's own colour, questing, energetic, receptive
to new ideas. There is no deadwood, even family deadwood:
under Lang you deliver the goods or go. Take David Ayrton
(played by James Kerry), who works on Prince's corporate finance
side - the part that deals with mergers, takeovers, major
issues of capital. The son of north-country school-teachers,
David made it the hard way: through grammar school and Cambridge
scholarships, on to Harvard Business School, and now, at thirty-eight,
one of the coming men at Prince's, openly bidding for the
top. But behind the assurance, there's still a chip-on-the-shoulder
uncertainty about really belonging to the charmed inner circle.
So his attitude to Tom Prince (played by David Buck) contains
a hint of challenge. And not without reason.
Tom is a member of the bank's founding family, and he's inherited
more than a fair share of the family charm and the family
money. Yet he was never "intended" for the bank.
Tom's father was an academic, his widowed mother an earl's
daughter. Tom, now thirty-five and unmarried, spent his early
years adventuring about the world, in the process becoming
a pretty useful mining engineer, flier, sportsman. Persuaded
into joining Prince's, "to keep the family end up,"
Tom quickly finds that under Gerald Lang banking can be as
dangerously exciting as anything he's done before. High Priests
Of Finance: There are eighteen members of the Accepting Houses
Committee, the first division of British Merchant Banks, and
their names - or most of them - are synonymous with style,
wealth and influence: Rothschild, Baring, Lazard, Guiness,
Hambro. Others, such as Brown Shipley, Charterhouse, Japhet,
and Singer and Friedlander, may be less well known to the
public, but that doesn't make them any the less powerful.
Most of the banks are cheek by jowl in the City, often on
the original sites, though unusually in new buildings where
the old portraits and furniture are retained to give an impression
of antiquity. The great merchant banks originated mainly in
the last century and, as their name suggests, they were often
involved in trade. Brandt's, for instance, now owned by National
and Grindlays, set up their first London office in 1805 at
Batson's coffee house in Cornhill as agents for the family's
business at Archangel in Russia. There they owned factories,
a rope works, a sailing fleet and timber forests and saw-mills.
In all, it was worth thirty million roubles - three million
pounds. Today most of the Brandts have left, though one remains
as head of the firm's timber agency, which is still one of
the world's largest. Marcus Samuel, founder of Hill Samuel,
began trading with the Far East in 1830. The Kleinworts were
the principal original underwriters for Woolworth and Sears
Roebuck; the Bensons with whom they later
merged financed many of the early American railways. Other
nineteenth-century ancestors of today's great banks were already
engaged in more glamorous adventures.
The Barings helped the Americans buy Louisiana from the French;
the Hambros financed Cavour in Italy and Rothschilds put up
money for our purchase of the Suez Canal. Today, the power
they wield is, if anything, greater still. One recent estimate
suggested that more than a third of the top one hundred British
industrial companies have a senior merchant banker on the
board. Every major takeover or merger is fought out by merchant
banks and all big companies retain the services of a merchant
bank on a permanent basis, just as they would an advertising
agency, say. One-Hundred-Thousand Pounds As Minimum: Moreover,
the banks' influence continues to range worldwide. Shortly
before we started borrowing money from the Shah, Brandt's
arranged a two-hundred-million-dollar loan to the Iranians,
and Kleinwort Benson are financial advisers to the projected
Hong Kong underground railway. As well as organizing loans
they also manage investments, few nowadays from private individuals,
who simply aren't rich enough to make them worth the bank's
while. A classic banking story tells how a property magnate
asked a merchant bank to take charge of one-hundred-thousand-pounds
for him. This was the bank's minimum amount.
Two years later he received a letter. "Dear Sir,"
it said, " You recall that when your first entrusted
us with one-hundred-thousand pounds we told you that we could
not consider managing smaller sums. Under our management your
shares have now fallen to fifty-thousand pounds and we must
therefore ask you to find another company to manage them.
But, of course, over recent years much of the old-world family
atmosphere of the banks has changed. Many banks are now subsidiaries
of larger holding companies and relative newcomers like Sir
Siegmund Warburg have entered the banking establishment to
upset the traditional balance of power. "Everyone's Too
Clever": Nowadays most bankers are well-qualified, usually
as accountants or solicitors though there seems to be a high
proportion of bright Oxford and Cambridge graduates with arts
degrees. As one director put it forlornly: "In our business
everybody is terribly coherent. They all talk far too much
and usually all at the same time. Everyone's too damned clever".
Most seem to have a smart London address (Cheyne Walk, Belgrave
Square) and a smart country address. Smartest of all, perhaps,
was David Montagu and Company.
His was: The Kremlin, Newmarket. The Guards, and such clubs
as Boodles, Pratt's and the Cavalry also abound. Some banks
are almost absurdly secretive about their work and their customers,
while others are almost brazen at self-advertisement. Hambros
make no secret of the scope of their business and while not
entirely typical it gives some idea of what merchant banking
is about. Eighty per cent of Italian bankers use them as their
main or sole London agent (the legacy of the Cavour episode,
perhaps); they finance imports of Danish bacon and Volvo trucks;
they are heavily involved in forestry, worldwide, and in 1971
arranged a sixty-million-dollar credit for Brazilian shipyards
and arranged finance for thirty-one ships delivered in 1972.
Other banks conduct similar operations, often working at breakneck
speed and dealing in tens of millions of pounds. As one banker
said: "The great thing about this job is that you have
to think fast and live on your wits. The most important thing
to remember is that a top banker is not just someone who makes
a profit for the bank, he is, essentially a wielder of power".
(Radio Times, January 4, 1975 - Article by Donald Bull and
Tim Heald).
Synopsis : The compulsion to make a million can sometimes
be like the devil sitting on your back.
Notes : Episodes were originally transmitted 8:10pm to
9:00pm.
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Who
Wants To Be A Millionaire?
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TX
: 14th January 1975
Director : Baz Taylor
Script : Tom Brennand and Roy Bottomley
Cast
: Prunella
Ransome (Helen Sinclair), Margaret Wedlake (Doris), John McKelvey
(Philip Bishop), Jonathan Elsom (Michael Croxley) and Richard
Steele (Harry Boothroyd).
Synopsis
: Having acquired her first million Helen Sinclair immediately
goes chasing after her second. But is it wealth she so desperately
wants or emotional satisfaction?
TX
: 21st January 1975
Director : Gerald Blake
Script : David Weir
Cast
: T
P McKenna (Harry Donlan), Christopher Banks (Pegg), Hubert
Rees (Merry), Barrie Cookson (Ian Lowell) and Nigel Lambert
(Grasse).
Synopsis : "I've been set up, haven't I? Got here
just for the doing-over. All the smarm and polish, manners
and use the right fork, but it's still the jungle, isn't it?".
TX
: 28th January 1975
Director : Douglas Camfield
Script : Marc Brandel
Cast
: Walter
Randall (Terris), Terry Walsh (Charlie), Cotchie D'Arcy (Pat
Dwyer), Molly Maureen (Mrs Norwood), Natalie Kent (Mrs Brent),
Geoffrey Beevers (Mario Celine), Sally Bazely (Mrs Grant),
Julian Somers (Mr Foote), Erik Chitty (Mr Haversham), Martyn
Jacobs (Plummer), Julia Vidler (The Secretary), Jim Norton
(Best), James Walsh (Jan), Christina Paul (The Waitress),
Isla Blair (Joanne Kelly), George Waring (Prentice), Patrick
Barr (Albert Hart) and Nicholas McArdle (Sergeant Duff).
Synopsis : Money isn't enough. It never is. A man's
got to be driven as well as rewarded. It's the only way to
get the best out of him.
TX
: 5th February 1975
Director : Baz Taylor
Script : Donald Bull
Cast
: Robert
Beatty (Harmer Loden), Frederick Schiller (Oskar), Guy Deghy
(Baron von Pavelius), Paulette Preney (Madame Charel), John
G Heller (Kanzier), Ibrahim Zada (Sheikh Rassid), Nadim Sawalha
(Kasim Rassid), Margaret Wedlake (Doris), Aharon Ipale (The
Sheik's Secretary), Willy Bowman (The Waiter) and John Rapley
(Max Zeller).
Synopsis : "Right now there's thousands of millions
of oil money washing about the world, swamping the money markets
the situation's explosive".
TX
: 12th February 1975
Director : Baz Taylor
Script : Arden Winch
Cast
: Terry
Scully (Barnes), Patricia Heneghan (Beryl Barnes), Donal McCann
(Les Cary), Lindsay Campbell (Sir George Thomas), Ian Marter
(Patrick Dyson), Mark Penfold (The Site Foreman), Michael
Earl (Lester), John Falconer (Harland), John D Collins (Doctor
Tate), Alan Gerrard (Green), Reginald Barratt (Hopkins), Tony
Rohr (Harry), Howard Southern (Hale) and Stanley Dawson (Watkins).
Synopsis : "On one side, a fifty-million-pound investment;
on the other hand a hundred homeless people. Which is more
important, money or human beings?".
TX
: 19th February 1975
Director : Darroll Blake
Script : Donald Bull
Cast
: Pauline
Letts (Peggy Lang), Tessa Shaw (Helen), Valerie Van Ost (Julia),
Jason Fathers (Wilfred), Dixon Adams (Swaine), Charles Hodgson
(Mark Hammerson), Terence Bayler (Trevor Darcey), Rachel Herbert
(Hester Peverill), Paul Williamson (John Peverill), Leonard
Pieroni, Annabella Kevill, Monty Haltrecht, Frances Kearney
and Peter Vidovic (Party Guests), Geoffrey Drew (The Clerk),
Nigel Bradshaw (Jimmy), Peter Copley (Sir Stanley Pelham),
David Morrell (Lawton), Rita Giovanni (The Maid) and Margaret
Wedlake (Doris).
Synopsis : "We're bound to come under suspicion.
Once the Stock Exchange starts digging you'll be up, we'll
all be up".
TX
: 26th February 1975
Director : David Sullivan Proudfoot
Script : Donald Bull
Cast
: Charles
Gray (Tony Challon), Robert Flemyng (Reginald Curnow), John
Hammill (Spinney), Anton Derby (Ted), Jenny Till (Fran Forrest),
Martha Nairn (Bridget Forrest), Margaret Wedlake (Doris),
John Kelland (Pearson), Vernon Dobtcheff (Fraser), Pamela
Sholto (The Coroner), John Berwyn (Doctor Lamie), Michael
Bangerter (Sergeant Gelder), John Gabriel (Major Denis), Norman
Shelley (Wyatt) and Gertan Klauber (Bergman).
Synopsis : "The butchers are round the body. It's
only a question of who is going to cut himself the largest
chunk
".
TX
: 4th March 1975
Director : Baz Taylor
Script : Tom Brennand and Roy Bottomley
Cast
: Norman
Rossington (Frank Bolton), Harry Markham (Uncle Dick), Kathleen
Heath (Margaret), Bernard Kay (Sir Charles), James Smith (The
Barman), Christine Hargreaves (Jane Carter), Madge Hingle
(The Dustbin Lady), Maggie Handley (The Secretary), Martin
Matthews (The Shop Steward) and Margaret Wedlake (Doris).
Synopsis : "They say that the big money boys stick
people into computers, press a button, and if it doesn't start
singing `We're in the money' it plays `So long, it's been
good to know you'".
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Dangerous
And The Lonely Hearts
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TX
: 11th March 1975
Director : David Sullivan Proudfoot
Script : Donald Bull
Cast
: Robert
Sansom (Barratt), Pauline Letts (Peggy Lang), Olu Jacobs (Mbela),
Fiona Gray (Sandra), Nick Brimble (Roddy Smith-Mercer), Margaret
Wedlake (Doris), Michael Brennan (Bill), John Wyman (Jimmy),
Malcolm Reynolds (Jock), Eric Deacon (Don), Tony Sibbald (Harry),
Peter Arne (Kosmos), Glynis Brooks (The Doctor's Secretary),
Salami Coker (Neroka) and Sidney Johnson (Lipton).
Synopsis : "No sane man ever makes a prediction about
gold. You might as well throw two sticks in the air".
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Characters
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Portrayed
By
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Gerald
Lang
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Geoffrey
Keen
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Tom
Prince
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David
Buck
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David
Ayrton
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James
Kerry
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Dorothy
Ayrton
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Karin
MacCarthy
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Freddie
Pender
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Hugh
Manning
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Lord
Kilvern
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Cyril
Luckham
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Sir
George Fielding
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Willaim
Squire
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The series was devised and created by
Donald Bull. The series was produced by Brian Degas and Michael
Glynn. Drama Playhouse pilot was produced by Anthony Coburn
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Another successful entry in the Drama Playhouse collection, The
Venturers concerned itself with the intricacies of high finance
and the drama and intrigue played against such a powerful background.
The pilot episode, The Chancer, premiered in August 1972
and was a more secular view of this high-risk, high-yield environment
in so far as it concerned the workings of Prince's Merchant Bank
with particular reference to Harry Shannon (Brian Blessed), a
"carpetbagger" with greater wealth than that which seemingly
appeared on the surface.
A popular
entry in the Playhouse strand, The Venturers was recommissioned
for a series of ten fifty-minute episodes - though its premiere proved
to be the most long-awaited product from this collection, taking twenty-eight
months to finally reach the screens in January 1975.
By this time, cast changes and subtle character alterations had been
executed. Geoffrey Keen, late of the popular Troubleshooters
series, was cast as Gerald Lang, managing director of Prince's,
the shore up the hierarchical strength of the programme and enable a
powerful lead to command the direct of the series.
James Kerry, who had appeared in the pilot as David Aitken,
returned for the series as David Ayrton (with Karin MacCarthy
as his wife Dorothy), a financial expert who effectively performed
the role of Peter Thornton from Troubleshooters
as a merchant banking troubleshooter responsible for obtaining the best
deal for Prince's clients.
David Buck completed the trilogy of primary cast members as Tom
Prince, the son of the bank's founder who has found himself working
in the financial sector despite his father's intentions. An accomplished
engineer, Prince's smooth charm and oily ability to ingratiate
himself with the upper crust echelons is of invaluable assistance to
the firm in its daily financial dealings.
Over the course of the ten episodes, the trio dealt with millionaires
with too much time on their hands, oil Sheiks looking for investment
opportunities and came under investigation for possible insider trading,
amongst other prominent storylines.
Later variations on a similar theme would see ITV's Capital City
base itself on a similar premise, though the soap opera trimmings to
this particular programme dealt less with the merchant bank and trading
house, and more with the personal lives and pressures facing those who
worked on "the floor".
Notable performances from Ian Marter, Charles Gray, T P McKenna
and Harry Markham raised the quality threshold of the production,
whilst directorial contributions from the likes of Douglas Camfield
and David Sullivan Proudfoot ensured that tight and pace-driven
scripts by Donald Bull, David Weir and Arden Winch (amongst
others) were suitably visualized.
The programme
has disappeared into relative obscurity over the years, perhaps overshadowed
by the popularity of two of its Playhouse rivals, The Onedin
Line and The Regiment, yet the programme was an exciting
venture into ITV territory for BBC Television.
The programme was successfully exported overseas, but was never commercially
exploited.
Text
© Matthew Lee, 2004.
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