Mr. Godfrey Isaacs, who was the next witness, stated that
he had not himself taken the profit which accrued from his dealings with Mr. Heybourn, but handed it over to the com- pany. It amounted to something like £60,000. He did not know that Sir Rufus Isaacs had taken shares till October. Mr. Godfrey Isaacs then made a suggestion as to the way in which the rumours in regard to Ministers had arisen, a suggestion of very great importance, and one which must, of course, be probed to the bottom. His suggestion was in effect that the rumours were connected with efforts to secure a contract for the rival Poulsen system of Wireless. After mentioning a "private and confidential" prospectus of the Poulsen System, Mr. Godfrey Isaacs read a letter, dated Tuesday last, which he had received from Mr. E. Hawkins, a member of the Stock Exchange. The letter described a conversation in May last year with a gentleman unnamed, who supported the Poulsen System, and foretold that there would be a great outcry against the ratification of the agreement, and further gave the names of two members of Parliament who would be prominent in the discussion. Mr. Isaacs stated that Mr. Hawkins was willing to appear before the Committee and give what further information he bad. This is clearly a matter for close examination, and we feel sure that the minority on the Committee will not follow the example of the majority and attempt to limit any questions which will tend to the full elucidation of the point.
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