NEWS OF THE W EEK.
IN the House of Lords on Tuesday Lord Murray made Ms personal statement. It was a series of apologies, and in form ample enough and candid enough. Lord Murray,however, entirely missed the main allegation made against him and his colleagues. It is that they received valuable consideration in the form of a Stook Exchange "tip" and Stock Exchange facilities, which in the last resort laid them under a pecuniary obligation to a person contracting or seeking to contract with the Government. It is no answer for Lord Murray to say that it never occurred to him as possible that anybody could mix up the American Marconi Company with the English Marconi Company, or to insist on his having had no corrupt intentions. What has got to be made clear is why, when information was offered him which would enable him to get an advantage in the market in American Marconis and make money out of that information, he did not say to those who offered it "Your information is most intereating, and also, no doubt, most valuable, but as a member of the Government I cannot possibly use it."
