WAR SERVICE.

Hawera Star, Volume XLVIII, 17 November 1924, Page 7

WAR SERVICE.

interest only received. by caSle—press Association—copyright : . . .LONDON, Nov. 15. ‘ A' piquant discussion continues regarding Field-Marshal Sir William Robertson’s revelation that war admirals and generals awarded public grants do riot rfeceive the capital, but only/;the interest. This has been a great surprise to the public generally, w ho assumed that when grants were made the recipients got the money. The Daily Telegraph’s Parliamentary correspondent quotes Sir William Robertson as saying that he withheld formal consent to his grant, with the result that he lost five months’ interest ®ii RIO,OOO. He was advised legally shb could have insisted on payment,, .but eventually he let the matter - P-, correspondent adds that it is understood that Lord Beatty arid Pi°mrS lg, i wh °A ' . each s granted ±-im>,UUU, also at one time thought of contesting. s the matter. IG i s that in the course of a debate on the grants in the House of Commons in 1919 nothing was said concerning the form in which payment would be made. Three months later, m response to a question by Mr Stanley Baldwin, the then Financial Secretary to the Treasury said payment was made to the Public Trustee tor investment on; behalf of the recipients in six cases, and it would be made for others as soon the necessary trusts were completed, bv the parties concerned;'