THE WAR GRANTS
REASON FOE WITHHOLDING ' CASE OF LORD WOLSELEY. LONDON, November 15. A well-informed authority has replied to Field-Marshal Sir William Robertson’s complaint that the war grants made to the naval and military leaders, including himself, were not to be paid until three generations had passed, and that in the meantime only the interest on the amounts voted was made available. He states that parliamentary grants to successful generals and admirals were paid in cash until the late Lord Wolseley rapidly lost, through speculation in a sheep station in Australia, the grant made to him in 1882 for the Egyptian campaign. Thereafter the Government decided to place such money in trust.
A Sydney paper says that a certain Mr Wolseley was a partner in one or two sheep-raising ventures in the Riverina, and in the north, in the “eighties.” It was assumed that Lord Wolseley was his brother and that Lord Wolseley was financially interested in the enterprise.
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Otago Daily Times, Issue 19341, 29 November 1924, Page 10
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159THE WAR GRANTS Otago Daily Times, Issue 19341, 29 November 1924, Page 10
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