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MARCONI SHARES.

MINISTERIAL. SPECULATIONS. POSITION EXPLAINED,IN COURT. By Telejraph—Press Association—Copyright London, March 19.In tho case in which the Paris paper "Lo Matin" apologised to Mr. Herbert Samuel, Postmaster-General, and Sir Kufus Isaacs, Attorney-General, for its criticism of them in connection with the Marconi contract, tho plaintiffs denied tho allegations made. Sir Rufu3 Isaacs stated that ho bought in April last 10,000 shares in the American Marconi Company, which is not financially interested in the British Company. He sold 1000 each of tho shares to Mr. Lloyd-George, and Lord Murray of Elibank. 'Ho lost .£I2OO and the others a few hundreds each'.

The defendants made a complete withdrawal. , Judgment was for plaintiffs, with costs. The "Daily Express" blames Mr. LloydGeorgo and Sir Eufus Isaacs for concealing their deal in American Marconi shares. The "Daily Mail" says much trouble would have teen avoided if the facts had been stated months ago. The "Morning Post's" Parliamentary correspondent says tho average member of the House of Commons is amazed that Sir Rufus Isaacs did not frankly tell tho House of the purchases sis months ago. Notice has been given in tho House of Oommoha of a number nf questions respecting the transactions of Sir Eufus Isaacs, and Mr. Lloyd-George in American Marconi 6hares. s THE COMMONWEALTH LITIGATION. (Rec. March 21, 5.5 p.m.) Melbourne, March 21. The High Court has granted the Marconi Company the right to inspect the Commonwealth wireless stations in connection with its action agoinst the Commonwealth for uu alleged infringement of patent rights. Mr. Justice Isaacs demurred, on the ground that the. granting of an order to abolish all secrecy would mean that guns and othor war material could be inspected by anyone showing that a prima facio case for infringement of patent rights had been made out.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19130322.2.33

Bibliographic details

Dominion, Volume 6, Issue 1704, 22 March 1913, Page 5

Word Count
297

MARCONI SHARES. Dominion, Volume 6, Issue 1704, 22 March 1913, Page 5

MARCONI SHARES. Dominion, Volume 6, Issue 1704, 22 March 1913, Page 5