WERE PROFITS SHARED?
MINING LEASE INQUIRY NEARS ITS CLOSE MR. THEODORE’S INTEREST BRISBANE, Friday. Mr. A. D. McGill, counsel for the Crown, today delivered his closing address before .the Royal Commission which is inquiring into the Mungana leases, and into the appointment of Peter Louis Goddard as manager of the Chillagoc smelters and his management of the works. Counsel submitted that it was beyond doubt that Mr. E. G. Theodore;, Federal Treasurer, formerly Premier of Queensland, shared in the proceeds from the Mungana mines. “After the purchase by the Government of two mines,” said Mr. McGill, “we find that every time Mr. W. McCormack, then Premier, was paid his share of what might be called ‘dividends’ he paid a share to Mr. Theodore, which has been traced into Mr. Theodore’s account, and approximates half the amount Mr. McCormack received from Mungana.”
The hearing of evidence has been concluded, but the commission is to be kept open until June 28 to enable Mr. Theodore to give evidence it he so desires.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19300621.2.104
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Sun (Auckland), Volume IV, Issue 1004, 21 June 1930, Page 11
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170WERE PROFITS SHARED? Sun (Auckland), Volume IV, Issue 1004, 21 June 1930, Page 11
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