OCR Text |
Show " '""4 "' '""1 " T ' " " " ' I ' I'll ' i , s o : ,...!!.. v I ' i ' I n:i:ti::s cl Elbrus C:urt Allced to Ifcvc Traded cn tL: Royal Favor, LONDON, Jan. 22. The failure of the London and Globe Finance corporation, corpora-tion, which Involves one of the greatest scandals of the age, and was second only lo the famous South Sea bubble of two centuries ago, Is likely to be aired In the courts, and as likely to cause a sensation without parallel in the present clay. . ' ' ' ' Indeed, Arnold White, the author," asserts that many habitues of the court of King Edward were using his came to hide their nefarious deeds In connection connec-tion with the company, and that even a royal duke had Invested money In it The reason, he said, that the prosecution of Wright wai not undertaken by the British Government was because the directors were sheltering themselves behind members of the royal family." ' - The corporation was engineered by Whitaker Wright, and Us president was the Marquis of Dufferln, former Governor-General of Canada, and one of the most famous diplomats of his day. The Marquis, along with the late Marquis of Queensberry and other prominent Englishmen, was, it la alleged, induced to enter en-ter the concern by Wright, but were, it Is also said, entirely aware that the mines and other properties in South America, which the corporation was established estab-lished to develop, were either worthless or almost entirely mythical. Lord Dufferin lost a fortune by the failure of the concern, which brought ruin to hundreds. hun-dreds. v ' ' |