SENSATIONAL CHARGES
LABOUR PREMIERS AND MINING TRUST PROFIT OF £IOO,OOO (United. P.A.—By Telegraph—Copyright J Reed. 10 a.m. BRISBANE, Today. Heated references were made in the State Assembly to the affairs of the Mount Isa Proprietary, Silverlead, Limited. Mr. Kelso, a member, said he considered the facts disclosed were one of the biggest scandals on record. The debate arose on the second reading of a Bill to ratify an agreement giving the Mining Trust, Limited, prospecting rights over 100,000 acres on the Burketown mineral field. The sensational allegations made by Mr. Kelso involved two former Labour Premiers, Mr. E. G. Theodore and Mr. W. McCormack. He declared that the shareholders of Mount Isa made a profit of £IOO,OOO at the expense of the public. The records show that Mr. Theodore and Mr McCormack, among others, were shareholders.
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Bibliographic details
Sun (Auckland), Volume III, Issue 786, 5 October 1929, Page 11
Word Count
136SENSATIONAL CHARGES Sun (Auckland), Volume III, Issue 786, 5 October 1929, Page 11
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