SHARP PRACTICE
OUTSPOKEN ACCUSATION.
GOVERNMENT BROUGHT TO BOOK
(Australian Press Assn. —United Service.) (Received 2 p.m.) LONDON, August 19.
Allegations of misrepresentation by the Tasmanian Government were made at a meeting of the Australian, Commonwealth Carbide Company. Mr F. A. Maequisten, K.C., a member of the House of Commons, who presided, stated that they had often heard of governments being taken advantage of by private individuals, but the Tasmanian Government had reversed the procedure. “That Government,” he said, “sold us the works and business on the misrepresentation that they were selling' us a going concern which had prospered in their hands and was equipped, with new and costly machinery. They produced figures to substantiate these things. The business had not- prospered and it was not a going concern. In the year before they sold to us, in which they stated they had made a profit, they had made a loss. They sold the company a liability instead cf an asset. ”
The company is proceeding against the Tasmanian Government.
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https://paperspast.natlib.govt.nz/newspapers/NA19290820.2.34
Bibliographic details
Northern Advocate, 20 August 1929, Page 5
Word Count
168SHARP PRACTICE Northern Advocate, 20 August 1929, Page 5
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