10 MAY 1913, Page 14

MR. CHURCHILL'S INDIGNATION.

[To THE EDITOR OF THE " SPECTATOR.1 SIR,—I am not concerned to defend either Mr. Churchill or the Chancellor of the Exchequer, but I think that your corre- spondent, Mr. T. Hollis, goes a little beyond the facts when he says that the First Lord of the Admiralty " hotly repudiated as a gross imputation what had been done by the Chancellor of the Exchequer." Mr. Churchill did nothing of the kind. He hotly repudiated the suggestion that, when other Ministers admitted that they had purchased Marconi shares, he remained silent, although he had done the same. A very different matter indeed! But, no doubt, this confusion of things that differ is useful for party purposes.—I am, Cocoa Tree, St. James's Street, S.W.

We have dealt with this matter in our leading columns.— ED. Spectator.] • Mr. H. Booth was reported by the papers of April 1st (a suitable day I) to have said to Mr. Lloyd George: "I tae the view that your investment in Marconi shares had nothing whatever to do with the business before the Committee*"