London School of Economics
The London School of Economics was founded in 1895 by Beatrice and Sidney Webb, initially funded by a bequest of £20,000 from the estate of Henry Hunt Hutchinson. Hutchinson, a lawyer and member of the Fabian Society, left the money in trust, to be put "towards advancing its [The Fabian Society's] objects in any way they [the trustees] deem advisable". The five trustees were Sidney Webb, Edward Pease, Constance Hutchinson, William de Mattos and William Clark.
William Hewins
William Albert Samuel Hewins (11 May 1865 – 17 November 1931) was a British economist and Conservative politician. In 1895, he was appointed by Sidney Webb as the first Director of the London School of Economics, a post he held until 1903.