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TRUST PROSECUTION.

A REMINDER, (From our Parliamentary Reporter.) WELLINGTON, this day. A sequel to the prosecution of certain wholcsfile firms for being concerned m a monopolistic practice m sugar,'transactions^ Mr Veitch (Wanganui) has asked the Government whether they intend to proceed against all the other mmLfis, about. 45. of tho Merchants' Association who, ho alleged, were m the sng;ir ring, and, wore .of Jut breach of thy Cbhiitteipial Tr«pN ActJ],|iK common -with f»evin' and 'CJo., 1 " JJa'uoatyne and Co., and Joseph Nathan and Co., rvho wore fined £1000. etich? Mp v Veitch Mntccl that the -evidence Ji\ th(i v recent prosecution • against tie>' j^lerchaiits' Association is said to prove that illegal discounts of smjirr. amounting tp over £10,000, ivwfe l divid«d between, members of llie sugat'/ rinflf i: ,;Jft)r'|*tlie.S l 'Bßt Months ending the 30th vSeptember. 1911, which shows that over £40,000 of illegal discountfi were secured by the sugai* ring m two vr-ars. from the Ist April, 1911, to .tho ,31fit; : Mardh, 19,1,3, , ...

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19131209.2.102

Bibliographic details

Poverty Bay Herald, Volume XL, Issue 13251, 9 December 1913, Page 8

Word Count
164

TRUST PROSECUTION. Poverty Bay Herald, Volume XL, Issue 13251, 9 December 1913, Page 8

TRUST PROSECUTION. Poverty Bay Herald, Volume XL, Issue 13251, 9 December 1913, Page 8