ANOTHER RAILWAY SWINDLE.
In reference to the Prussian railway swindle, in which Herr Wagner and the Princes Potbus and Diron were concerned, described in the Argus of 9th April, the Economist (London) says :— " Both the Prime Minister, Field-Marshall Count Roon, and the Minister of Commerce, having pleaded guilty before the Lower House of ignorance in matters of financial management of private railway building, it is inevitable that henceforth the influences exercised by the Parliament in financial administration will be considerably on the increase in Germany. Yet the impression against officialism produced by Herr Lasker's speech is favorably counterbalanced by his own statement that there is nothing in his experience to shake the confidence which the Prussian Administration, as a whole, has been and continues to be entitled to. The personal character of a gentleman like Count Ttzenplitz must be acknowledged to be beyond any suspicion of corruption, and the same must be said of his subordinate officers. The real danger threatening public morals is the exhibition of private banking brigandage on the Berlin Stock Exchange. The most beneficial result that possibly could have been produced by the speech was the warning given to private capital and to unsound speculations."
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Bibliographic details
Grey River Argus, Volume XII, Issue 1484, 7 May 1873, Page 3
Word Count
199ANOTHER RAILWAY SWINDLE. Grey River Argus, Volume XII, Issue 1484, 7 May 1873, Page 3
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