The Archive · 1933

Qualified Approval

Mr, Holborow said it was claimed that the Connell had given approval but, it was very. decidedly and de" finitely "qualified "approval, fould be Zalled that, and there was distinction between. not objecting and approving. The plaintiffs said they bad corsied on with the almost they had earvied on with the utmost restraint; the jury had heard. from Mr. Buyers the restraint. that was exercised to prevent the public foing to the races. Tt was acm Sus Kind of restraint, The Council informed them of the legalities hich were oinge on and yet these Views. were not communicated "to the shareholders until nearly two years later, To suggest. that the Enterprise was perfect! te was well all along of the uncertainty of its legality and they were told in October, 1928, that the Crown Advocate Was of the opinion that their activities were unlawful, and yet in 1981 they referred to" perfectly legitimate business enter-is have not put all their cards the table in their dealings with their shareholders or the Council,' said. Mr. Holborow, "and they hav not in this Court put all their cards on the table in their dealings with you, If the plaintiffs had nothing to hide and were not afraid of what would come out in cross~ examination, and if this was an honest action actuated by honest surely they would have put one director into the cross-examined Mr, Buyers on mat~ ters on which he was so devoid of information. Surely they would have put someone in to show the truth of the statements in that first letter.

That Secret Payment "Surely one would that the direction, or tive director, would have been anti ous to get into the box to clear themselves of the implications of that secret payment to the Chinese Government. My learned friend has said that it was not necessary for y|him to call any director, in view of the endatts' admuisions, but na ease. of this magnitude, the for sould have box inman or some, ai dee {o' show the bona Aes of this ac-{fon and fo have told you the story this case from their own mouths: this ease in which they have shown such a lack of good faith in, themselves, and in which they could only

jot the absence of good faith on hope to succeed by satisfying you the part of Capt. Martin.

"The Chairman of the company. Mr. MeBatn, in his speech to the shareholders' at the annual meet~ Wf, referred to this case and assured the shareholders that their interests were being keenly watched by the Boari, Yet, where is he to-day? We are told he has gone to Java, Where are the other directors? With the exception of Master, who is here in a profession-capacity, so far as 1 know not has cone anywhere near this Court," "Te seems they prefer to watch the shareholders" interests in The comfortable seclusion of their offices and to get their reports in the dally newspapers. "should have. welcomed. them in, the box, and' if we had had the pleasure of seeing them there, there would have bean some more of their cards on lo, "and not trump cards

Text read from the printed page and cleaned; old type leaves the occasional error.

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