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PARTI FUNDS

AND MARCONI SHARES. VISCOUNT MURRAY EXPRESSES REGRET. (Per Press Association —Copyright.) (Received February 18, 9.35 a.m.) LONDON, February 17. ,

Viscount Murray, after declaring that all his Marconi transactions had already been disclosed, admitted committing an error of judgment, in purchasing the American Marconi shares on his own account, through the company. He was not interested in the Post Office contracts. The purchase for the Liberal Party was also an error of judgment; though he regarded it as a pure investment. His colleagues were not aware of the purchase; he did not inform Mr Illingworth, the Liberal Whip, owing to having preferred.- to bear the responsibility himself. vHe admitted that his actions -were not wise, and expressed .his regret*''

Lord Ampthill's motion to set up a committee to inquire into Viscount Murray's transaction was postponed at Lord Lansdowne's suggestion.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG19140218.2.37

Bibliographic details

PARTI FUNDS, Ashburton Guardian, Volume XXXIII, Issue 8797, 18 February 1914

Word Count
140

PARTI FUNDS Ashburton Guardian, Volume XXXIII, Issue 8797, 18 February 1914

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