BARONET'S NEW BUSINESS.

Poverty Bay Herald, Volume XLIX, Issue 16211, 23 August 1923, Page 8

BARONET'S NEW BUSINESS.

RUM-MAKING PROFIT OF £S06;00O.

STRAIN ON BRITAIN.

. LONDON, August l;-~"That a« En ffhshmun should take ah active part in this liquor-running trade to America, is deplorable," says tho Manchester Guardian, in' commenting on ihfonriation given, it by a correspoiiri?T;. The correspondent forwards a circular from a baronet, holding colonel's aiank, guaranteeing 20 per cent. foriSO days on capital invested "shipping whisky abroad" under Lloyd's full insurance.," The baronet says he holds •'guarantiees for more than £IO,OOO that" the goods will be accepted 20 miles from shore. .1/

"Tha moiie whjsky. I carry, the larger my profit," ho, says. "Every arrangement is mad© for the despatch and sale of at least 10,000 cases of whisky"mottthr ly." The profit is 4s on every £in sixty days. Inset is a cutting from an Ainijamed paper reporting a case from New York of an English rum runner who,'after the nexfi vovaee, will have made a fortune of £200,000. , ', "Our government," says the Guards ian "is in some sens© responsible,. Wo are taking «too complacent an attitude about a business that befouls tho reputation of our mercantile marine, and legitimate cause of irritation on the part of a great and warmly friendly nation." • ■ ■