Story: Business failures and corporate fraud

John McArthur’s pamphlet (1st of 2)

John McArthur’s pamphlet

When raiders ruled – how the ‘Kelly Gang made a sham of self-government was written and published by John McArthur in 1935 to defend his Investment Executive Trust from an alleged attack by the government. The trust used door-to-door salesmen to solicit investments. In 1933, aware that debenture holders had little protection for their money, the government established a commission to investigate such trusts. McArthur saw the government decision as an attack on ordinary people, motivated by a select group of private financiers, the so-called ‘Kelly gang’.

Using this item

Te Ara - The Encyclopedia of New Zealand
Reference: J. W. S. McArthur, When raiders ruled: how the 'Kelly Gang' made a sham of self-government. Wellington: J. W. S. McArthur, 1936.

This item has been provided for private study purposes (such as school projects, family and local history research) and any published reproduction (print or electronic) may infringe copyright law. It is the responsibility of the user of any material to obtain clearance from the copyright holder.

All images & media in this story

How to cite this page:

Graeme Hunt, 'Business failures and corporate fraud - Government intervention, 1890–1940', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/22341/john-mcarthurs-pamphlet (accessed 27 April 2024)

Story by Graeme Hunt, published 11 Mar 2010