CANADIAN TENDERS
GOING THROUGH MORGAN CONCERN LONDON, 24th June. In the House of Lords, Lord Devonport complained that Canadians were obliged to tender through Morgan's, of New York. He said that Sir Frank Crisp had offered two million shells, and guaranteed thirty thousand weekly, and was told to go to Morgan's. He declined. Other firms were treated similarly. Lord Curzon, replying on behalf of the Ministry of Munitions, said that the -agreement with Morgan's enabled Britain to get the goods cheaper and quicker. Morgan's received 2 per cent, commission and all expenses. The delivery of Canadian goods was made under arrangement. Lord Devonport suggested that it had been tried and proved so unsatisfactory that it should be replaced by a system whereby Britain purchased the goods through the Canadian Pacific Railway. Lord L'eith explained that Morgan's were employed because they could control the Exchange.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19150625.2.58
Bibliographic details
Evening Post, Volume LXXXIX, Issue 149, 25 June 1915, Page 7
Word Count
144CANADIAN TENDERS Evening Post, Volume LXXXIX, Issue 149, 25 June 1915, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in