MILLIONS OF MONEY.
TRANSACTIONS OF BANKRUPT. DAUGHTER SMARTER THAN FATHER, Losses to the extent of £6OO .in deals in roubles and marks during the 1920 slump were mentioned by King Field, a Plymouth watchmaker and jeweller, during his 'exampation in bankruptcy. The Official Receiver said that the face value of the roubles and mark now in h.'s possession ran into millions, but really they were waste paper. Field jiadnutted Amoving won J£looo on a “ double” on the Lincoln Handicap and Grand National, He had been borrowing from moneylenders for the past three years, having spent £BO .n travelling to London to do this. He had paid £250 in interest. He was closely questioned regarding his daughter*, to whom at 13 years or age he paid £2 a week wages for acting as his assistant after school hours!. It was stated that the daughter now had a wireless business of her own and that in 1922 she deposited £4OO in two different banks. The Official; Receiver: It looks as if the daughter was a bit smarter than the father
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Bibliographic details
Waipukurau Press, Volume XXI, Issue 2440, 11 May 1925, Page 5
Word Count
178MILLIONS OF MONEY. Waipukurau Press, Volume XXI, Issue 2440, 11 May 1925, Page 5
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