DYNE APPEAL DISMISSED

Sun (Auckland), Volume II, Issue 335, 21 April 1928, Page 1

DYNE APPEAL DISMISSED

“PEOPLE BENEATH CONTEMPT’ (Australian Press Association) LONDON. Thursday. The appeal of Mrs. Bradley Dyntagainst the judgment given in the action brought against her by Ironmonger and Company was to-day dismissed. Mr. Justice Scrutton, in a scathing judgment, described such speculators as "birds of prey, absolutely indifferent to the damage they are doing to the country.” They were people beneath contempt utterly selfish and regardless of the enormous injury they did to legitimate trade. Commenting on the speculation by Foreign Office officials, the judge, said the Civil Service had dealt with the matter properly In ao far as it had declared the transactions disgraceful and had dealt out appropriate punishment to the offenders. Mrs. Bradley Dyne was defendant In an action on February 1 in which the plaintiffs. Ironmonger and Compan; . bankers, of London, were awarded damages of £SB,39S on a claim in respect of foreign currency transactions, chiefly In francs. Three Foreign officials, who also engaged in speculation, were concerned with Mrs. Dyne, and were I severely dealt with, after an inquiry ii. their conduct had been held by the Foreign Office.