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Marconi shares scandal: Marconi was found not guilty of intentional dishonesty, although
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Marconi shares scandal: Marconi was found not guilty of intentional dishonesty, although
Marconi shares scandal: Marconi was found not guilty of intentional dishonesty, although considered naive. The share dealing scandal involved nearly brought about Lloyd Georges ruin. Punchs idea of the same principle applied to army exercises. Punch, London, 9 July 1913
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Media ID 9767757
© Universal History Archive/Universal Images Group
1913 Applied Army Brought Considered Exercises Found George Guilty Idea Involved July Lloyd Marconi Market Principle Punch Ruin Speculation Stock Dealing Dishonesty Intentional Naive Scandal Share Shares
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EDITORS COMMENTS
This vintage print captures the aftermath of the Marconi shares scandal, a significant event in London's financial history. Despite being found not guilty of intentional dishonesty, Marconi was still considered naive in his actions. The scandal involved share dealing that nearly brought about Lloyd George's ruin, causing turmoil in the market. This image reflects Punch magazine's satirical take on the situation by applying the same principle to army exercises. Published on 9 July 1913, Punch cleverly draws a parallel between speculative practices and military maneuvers. The photograph serves as a reminder of the impact such scandals can have on individuals and institutions alike. It highlights how even those who are found not guilty may still face consequences for their actions due to public perception. In this case, Marconi's reputation suffered despite being cleared of intentional wrongdoing. As an archival piece from Universal Images Group (UIG), it offers valuable insight into historical events and societal attitudes towards financial speculation during that era. While this caption focuses solely on the content depicted in the print and its historical significance, it is important to note that commercial use is prohibited without proper authorization from UIG or relevant copyright holders.
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