Word: leaks
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Dates: during 1930-1939
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...insurance against a rise in the income tax. Lloyd's alone lost over $500,000. The only people who see Britain's Budget before it is announced in Commons are high Treasury officials and members of the Cabinet, and Britain takes care that Cabinet secrets shall not leak out accidentally. Far from the least important official in Whitehall is a character known as the Confidential Waste Man. A trusted secret service employe, it is his duty to empty every Government trash-basket in Whitehall, burn the contents himself...
...Britain believed that some Cabinet Member was responsible for last month's Budget leak. Three years ago when the British Government took over the defaulted bonds of Newfoundland, there was a similar leak which made fortunes on Newfoundland bonds for a favored few. Among the biggest plungers then was the brokerage house of Belisha & Co., whose senior partner is the uncle of Minister of Transport Leslie Hore-Belisha. A potent partner in Belisha & Co. is Leslie Thomas, son of dumpy James Henry Thomas, Britain's Secretary of State for the Colonies. One of the first facts discovered about...
Serious Laborites have called Jim Thomas a traitor to his party for joining the National Government. Jealous socialites call him a vulgar little bounder. Last week both groups were after his hide when Colonial Secretary James Henry Thomas appeared before Mr. Justice Porter to testify on the Budget leak...
Despite the testimony of Doorman Robinson, at least one witness was able to get the name of Jim Thomas on record as the source of the Budget leak. The evidence came from a dapper stockbroker named Reginald Marriott. Broker Marriott has in his office a customer's man named Edward Alfred Waterton, who has as a customer one Harold Eves, solicitor and secretary to Alfred Bates...
...Next day Chancellor Chamberlain told the Commons that he had asked the great underwriting house of Lloyds to investigate rumors of a leak. Whether on inside information or guesswork, last-minute gamblers were supposed to have collected some $500,000 of insurance against last week's budget increases...