50 years ago: Compass 10th anniversary; Highest bail ever set for Doucet

The 9 Oct. 1975 edition of The Caymanian Compass celebrated the 10th anniversary of the newspaper with a message from Dr. Roy McTaggart, founder and honorary president of the publication. He noted that, along with nostalgia, he felt “pride that a decade of good publishing has been enjoyed”. He added that the Compass had been proven useful both to Caymanians and those abroad. Acknowledging it has had “rough sailing” at times, McTaggart said it was now “sailing along on an even keel”. He added that the publishers and staff were to be congratulated and “I’m sure the public joins with me in wishing them a most successful future in the field of journalism”.And now, the Compass is celebrating its 60th anniversary.

The front page also carried more news about Jean Doucet, the former chairman of Interbank Group charged with fraudulent converting of gold bullion. The judge set bail totalling $500,000, which was “said to be the highest figure ever” for bail in Cayman. Doucet would also be placed on his own recognisance for $100,000. He would have to report daily to the commissioner of police or his delegate; submit all travel documents, including his passport; remain in Cayman until the trial is over; and not be allowed to go to Cayman Brac.

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A story on page 12 announced that Commodity Marketing and Supply had moved to a new and larger warehouse on North Sound Road. The company, co-owned by Lennie Hew and Dick Smithers, had been planning the move for six months, with Smithers noting they had complete confidence in the growing tourist industry in Cayman. The company would now be able to offer faster and improved service to customers from the local hotel and restaurant trade.

It’s Show Time at Pedro Castle’ headlined a photo of Margaret Byles, Gerald Rankine and Papi Connolly performing, which continued every Friday aSaturday night, along with Howell and The Links

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