MARCONI ENQUIRY.
THE CHANCELLOR’S CHALLENGE [By Electric Telegraph—Copyright] [United Press Association.] London, April 1. Mr Lloyd George dramatically challenged any member of the House cl Commons to formulate charges against him. It was cowardly and mean to skulk behind a newspaper and circulate slanders. Ho had always proceeded on the principle of not speculating. He regarded investment as something permanent for the sake of dividends. Speculation was buying in order to sell. Having a family, ho had never done that.
Cross-examined, he admitted that he had sold 857 out of the first thousand shares within three days at a profit of £749, and that he had onlypaid the brokers one-third of the purchilse money. The brokers had advanced the rest, and still held the shares as security.
Mr Lloyd George offered his bank pass-book, and handed in a list of his investments.
Mr Samuel, Postmaster-General, in his evidence, stated that he had never held shares in any Marconi company.
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Stratford Evening Post, Volume XXXV, Issue 72, 2 April 1913, Page 5
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159MARCONI ENQUIRY. Stratford Evening Post, Volume XXXV, Issue 72, 2 April 1913, Page 5
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