The arrest of Sir Robert Thorburn, K.C.M.G., the Hop. A. W. Harvey, Mr. Donnelly, and Mr. Grieve, all directors of the defunct Union Bank of Newfoundland, and Mr. Pinsent, the manager thereof, may at first sight seem a drastic measure, but it is only right and proper that directors of banks or financial institutions, whether at home, abroad, or in our Colonies, should honour the trust of the shareholders by not attempting to “cook ” balance-sheets. It is to be hoped that the inquiry into the matter will purify the political atmosphere of Newfoundland.
Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive
Referenced
GRO1157 Hennock: Charles Speare Pinsent: 1838 – 1914