used the occasion of the Lord Mayor's visit to deliver a most thrilling speech on the subject of reckless and dishonest company promoting. One fact, he said, would show the appalling seriousness of the evil. Within the seven years 1891-7 a sum of over £23,000,000 was lost in company liquidations and had all gone into unworthy pockets. The facts came from the Senior Official Receiver and referred to compulsory liquidations alone. When I read this I could not help thinking of the many members of my own sex whose means have been seriously, often permanently, crippled by investments made on the strength of misleading prospectuses to which well-known names havejbeen affixed; sometimes, I am afraid, with the object of decoying the unwary and ignorant. Lord Russell's speech vas, of course, mainly the outcome of the recent Hooley' revelations though no names were mentioned.
Text read from the printed page and cleaned; old type leaves the occasional error.