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WAR GRANTS.

RECENT REVELATIONS.

PUBLIC SURPRISED. (BJ CABLE—PBESS ASSOCIATION— COPIBIGHT) (AUSTBALIAN AND X.Z. CABLE ASSOCIATION.) (Eeceived November 16th, 5.5 pjn.)'' LONDON, November 15. A piquant discussion continues regarding Field-Marshal Sir William Eobertson's revelation that war admirals and generals, awarded public grants do not receive the capital, only the interest. This has been a great surprise to the public generally, who assumed when grants, were made the recipients got the money. The "Daily Telegraph's" Parliamentary correspondent quotes Sir William Eobertson as saying he withheld Ms formal consent, with' a result that he lost five months' interest on £IO,OOO. He was advised legally he could have insisted on payment, but eventually he •let the matter drop. The correspondent adds' it is understood that Earl Beatty and Earl Haig, who were each granted £IOO,OOO, also at one time thought of contesting the matter. It is recalled that in the course of the debate on the grants on August sth, 1919, nothing was said concerning the form- in which payment would be made. Three months later, in response to a question by Mr Baldwin, the then Financial Secretary to the Treasury said paymont had been made to the Public Trustee for investment on behalf of the recipients in six cases, and would be made for the others as soon as the necessary trusts were completed by the parties concerned.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19241117.2.66

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume LX, Issue 18232, 17 November 1924, Page 9

Word count
Tapeke kupu
225

WAR GRANTS. Press, Volume LX, Issue 18232, 17 November 1924, Page 9

WAR GRANTS. Press, Volume LX, Issue 18232, 17 November 1924, Page 9

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