LLOYD GEORGE'S INVESTMENT.
THE MARCONI SHARES. By Telegraph.—Press Association—Copyright Received April 2, 12.20 a.m. London, Tuesday. Before the Marconic Enquiry Committee Mr Lloyd George dramatically challenged any member of the House to formulate charges. It was cowardly and mean to skulk behind and circulate slanders to journalists. He always proceeded on the principle of not speculating, regarding investment as something permanent for the sake of the dividends. Speculation was buying in order to sell. Having a family he had never done that. Cross-examined he admitted he had sold 857 out of the first thousand share, within three days, at a profit of £749. He only paid the broker a third of the purchase money. The brokers advanced the rest and still held the shares as 3ecurity.
Mr Lloyd George offered his pass book and handed in a list of his investments.
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King Country Chronicle, Volume VII, Issue 555, 2 April 1913, Page 5
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141LLOYD GEORGE'S INVESTMENT. King Country Chronicle, Volume VII, Issue 555, 2 April 1913, Page 5
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