27 FEBRUARY 1942, Page 4

A few weeks ago Mr. McKenna, at Bow Street, imposed

‘Ylial I believe to be a record fine of L40,000 in a case arising out d the finance regulations concerned with the disclosure of holding of American securities. Not infrequently such records only stand till the London Sessions in its wisdom mitigates the penalty ce appeal. In this case, I understand (though I.have seen no public mention of the fact), the Sessions declined to do anything of the kind, and added substantial costs into the bargain. So the record stands, and it will be some time, I should imagine, before magistrate at Bow Street or- anywhere else improves on it.

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