Mr. Lloyd George says that until after the General Election
of 1923 his fund was administered by the Whips without any reference to him. Then a Committee consisting of Mr. McCurdy, Sir William Edge and Major Gwilym Lloyd George was formed to take charge of the fund. The amount of the fund, he declares, has been "fantastically exaggerated," and most of it is derived from the appreciation in the value of• newspapers which were bought out of the fund. When these newspapers were sold the proceeds were paid over to an enlarged Committee, of which Sir Robert Hutchison and Sir Charles Barrie became members. The fund has been used for enabling poor men to stand as Liberal candidates, for investigation into the coal industry and agriculture and industry generally, for prapaganda as a result of these investigations, and for a bureau for inquiring into the grievances of ex-Service men.
Previous page
