Jabez Balfour as Liberal candidate in Croydon at the general election but lost to the Conservatives. He also stood unsuccessfully for the Liberals at Walworth in 1886. In 1880 he was appointed chairman of the Northampton Street Tramways. Together with City financiers Leopold Salomons and Sir John Pender, Balfour founded the investment underwriting firm the "Trustees, Executors and Securities Insurance Corporation, Limited" in December 1887. In 1892, he was at the centre of a scandal over the failure of a series of companies which he set up and controlled, starting with the London and General Bank and culminating in the Liberator Building
Union of the Democratic Centre (Argentina) Union of the Democratic Centre (Argentina) The Union of the Democratic Centre (, UCD or UCeDé) is a centre-right conservative and economically liberal political party in Argentina. It was founded in 1982 by Álvaro Alsogaray who unsuccessfully stood for the Party in the 1983 and 1989 presidential elections, and represented the conservative elite, technocrats, as well as classical liberals. By 1989, the UceDé had emerged as the third political force nationwide, after the traditional major parties (Justicialist Party, PJ, and Radical Civic Union, UCR). Carlos Menem, an exponent of the growing pro-market wing within the formerly Peronist PJ, won the