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THE WIRELESS ENQUIRY.

THE COMMITTEE DIVIDED. Bv Cable—Press Association—Copyright. London, April 10. There are strong dissensions among members of the Marconi Committee respecting Heybourn's refusal to describe how he placed 350,000 shares. Witness objected to give details. Godfrey Isaacs, in evidence, described placing 250,000 shares. He asserted that the outcry was originated by stockbrokers who were promoting the Poulsen system.

FURTHER EVIDENCE. AN ORGANISED CONSPIRACY. Received 11, 9.25 p.m. • London, April li. Lord Robert Cecil, on behalf of the minority, strongly resented the Marconi Committee refusing to press Mr. Heybourne to disclose private business. Mr. Godfrey Isaacs, in his evidence, said that he refrained from taking £46,250 profit on Heybounie ? s purchase, which went to the company. He still held his own 2500 shares' as an investment. He produced the Poulsen prospectus, containing the name of the expert who reported on the system, and whpm Sir Henry Norman recommended as best able to advise the committee which was the best system for the Government to adopt. Witness heard in July that a syndicate was arranging tc attack Ministers, with a view to making certain that the Marconi contract would not pass Parliament. He produced a letter from Hawkins, a stock broker, giving a conversation at a West-end dinner party in May, forecasting the outcry raised in the House of Commons.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19130412.2.26

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume LV, Issue 275, 12 April 1913, Page 5

Word count
Tapeke kupu
220

THE WIRELESS ENQUIRY. Taranaki Daily News, Volume LV, Issue 275, 12 April 1913, Page 5

THE WIRELESS ENQUIRY. Taranaki Daily News, Volume LV, Issue 275, 12 April 1913, Page 5

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