GERMAN NAVAL FRAUDS.
CABLE NEWS.
IGNORANCE AND INCAPACITY ADMITTED. "
I Initio* Press Association— r-orvuioiiT (Received November 4, 9.35, p.m.) , BERLIN, Nov. 4. '
The Kiel navy yards officials charged with fraud denied that they were guilty. A number of Hamburg merchants. implicated admitted that huge profits had been made at the expense of the Imperial navy yard, owing to confusion, mismanagement, and official ignorance of values and prices. Thus, bronze and brass were thrown Together and sold -at a common price. Dealers, chose the best, leaving the rest to be auctioned, fixing an upset .price, and Hot bidding a git Mist each other. -
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Gisborne Times, Volume XXVII, Issue 2651, 5 November 1909, Page 5
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102GERMAN NAVAL FRAUDS. Gisborne Times, Volume XXVII, Issue 2651, 5 November 1909, Page 5
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