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Harry Marks (journalist)

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His first major fraudulent venture was the Rae-Transvaal Gold Mining Company, formed to cash in on a boom in South African mining stocks. Marks had bought a farm in the Transvaal for £10,000, promptly selling it on to a newly created shell company at a notional value of £50,000. He then floated it in
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libel over a pamphlet exposing his involvement in the matter. After an eight-day trial in which Marks' less salubrious past was extensively debated, the jury held that the content of the pamphlet was true, and that publishing it was justified in the public interest; Marks was forced to pay costs.
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stoking up enthusiasm for the stock. As the stock prices inflated, helped by the paper publishing fictional values, Marks sold out; the company was wound up in May 1888, by which time it had become apparent the Rae mine – and the company itself – was worthless. In 1890 he sued two journalists for
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and the post of editor-in-chief. He and Powell frequently clashed over Marks's involvement in the daily running of the paper; Powell later claimed Marks had tried to sell his interest in the paper to a German agent in 1915, but it is unclear how accurate this claim was.
115:. This was his first foray into financial journalism, and there were widespread rumours that he had freely speculated in mining company shares, as well as more scandalous allegations involving seducing and defrauding the widow of one of his former business associates. 105:, Marks first job was selling sewing machines, before talking his way into a position writing for newspapers in Texas on the grounds of (non-existent) previous journalistic experience. In 1873 he moved to New York, where he worked for the 189:; it was the first London financial paper to publish on a daily basis, and pioneered a popular, Americanised, accessible style of writing that appealed both to the industry professionals and to small private investors. The 339:; he had been in poor health since his stroke seven years earlier. His wife Annie had died earlier in the year; he was survived by a son and a daughter, to whom he left an estate valued at £31,000. 181:. He later floated the paper on the stock market in 1885 at a valuation of £50,000, reconstructing the company in 1890 to raise £100,000, whilst retaining a controlling interest throughout. The 208:
later summed Marks up as a man of "few scruples and many interests"; nowhere was this more clear than the way in which he exploited his paper's reputation for his own commercial schemes.
362:. Epstein (2006) notes that the family had "two daughters and four sons". Given that Claud Marks was born in 1863, per Porter, it is likely that Harry was the fifth child and third son. 253:, received 1,300. He was only a moderately active member, attending most council sessions but a substantially lower proportion of committees. He stood down from the LCC to contest the 83: 956: 324: 986: 262: 727: 641: 580: 996: 178: 916: 238: 907: 304: 961: 197:, exposing a number of fraudulent share schemes as well as playing a part in the corruption scandals that led to the downfall of the 991: 201:
in the late 1880s. As a result, it achieved a good reputation for integrity and honesty, widely respected among small investors.
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district. Both seats in the district were won by the Moderate candidates, with Marks receiving 1,874 votes and
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Marks's first political venture was in 1889, when he stood as a "Moderate" for election to the newly formed
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The popular guide to the new House of Commons and record of the election of 1892, July 1 to July 29
122:(1882), which reflected on the life of a newspaper journalist. He also published the sharp satire 258: 194: 55:
and his wife Cecilia. David Woolf Marks, who came from a London merchant family, was a prominent
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London County Council Election, 1892: the elector's guide, a popular hand-book for the Election
295:, though these were dismissed by a court. Marks stood down and did not contest the seat in the 273:. Howell won with a comfortable majority of almost six hundred, around 10% of the votes cast. 495: 487: 234: 60: 946: 941: 923: 328: 37:(9 April 1855 – 21 December 1916) was a British politician and journalist, who founded the 8: 266: 186: 823: 792: 384:, Marks presented this as attending "University College London" rather than the school. 285: 762:
White-Collar Crime in Modern England: Financial Fraud and Business Morality, 1845–1929
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Down with the Jews! Meeting of the Society for Suppressing the Jewish Race
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Dictionary of nineteenth-century journalism in Great Britain and Ireland
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in Brussels, before travelling to the United States, aged 16, in 1871.
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Following a stroke in 1909, Marks handed over the editorship of the
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Harry Marks was born in London on 9 April 1855, a younger child of
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Marks died on 21 December 1916, due to complications arising from
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In the council elections of 1895 he was re-elected, to represent
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among American politicians. He returned to England in 1883.
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he contested the same constituency, narrowly defeating the
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Porter (2004) lists Harry as the "fifth of six children";
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Conservative Party (UK) MPs for English constituencies
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Shortly after his return to London, Marks founded the
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for five years, before later becoming editor of the
720: 634: 573: 933: 411:Brake & Demoor (2009), p. 210; Boyce (2004) 82:from 1864 to 1868, followed by a period at the 530:The popular guide to the new House of Commons 118:Whilst in the United States, Marks published 987:People educated at University College School 783: 731:(online ed.). Oxford University Press. 645:(online ed.). Oxford University Press. 584:(online ed.). Oxford University Press. 490:. (t18901215-91, 15 December 1890). ; 358:, meanwhile, records that he was the fifth 997:British business and financial journalists 848:contributions in Parliament by Harry Marks 224: 17: 728:Oxford Dictionary of National Biography 693: 642:Oxford Dictionary of National Biography 632: 581:Oxford Dictionary of National Biography 934: 718: 672: 612:Brake, Laurel; Demoor, Marysa (2009). 488:Trial of George Washington Butterfield 185:was a major step forwards for British 571: 137:, Marks founded the London halfpenny 758: 498:. (t18901215-92, 15 December 1890). 220: 13: 722:"Marks, Harry Hananel (1855–1916)" 120:Leaves from a Reporter's Note-Book 14: 1013: 835: 429:Brake & Demoor (2009), p. 220 420:Brake & Demoor (2009), p. 220 299:, but returned to the Commons in 154: 63:, and the professor of Hebrew at 962:Members of London County Council 857:Parliament of the United Kingdom 636:"Marks, David Woolf (1811–1909)" 229:Harry Marks photographed in 1899 96: 553: 544: 535: 519: 510: 501: 477: 468: 459: 450: 441: 992:Journalists from New York City 494: (accessed 17 May 2012), 486: (accessed 17 May 2012), 432: 423: 414: 405: 396: 387: 374: 365: 348: 307:. He defended the seat in the 24:Harry Marks as caricatured in 1: 565: 492:Old Bailey Proceedings Online 484:Old Bailey Proceedings Online 314: 46: 752:UK public library membership 676:My life and loves: Volume II 666:UK public library membership 605:UK public library membership 143:in 1881 in partnership with 7: 822:. Pall Mall Gazette. 1892. 810:(Online ed.). London: 803:"Marks, Harry Hananel", in 791:. No publisher name given. 199:Metropolitan Board of Works 69:Distinguished Service Order 10: 1018: 1002:Jewish British politicians 767:Cambridge University Press 280:; later that year, in the 163:Financial News (1884–1945) 160: 920: 906:Member of Parliament for 904: 896: 886: 872:Member of Parliament for 870: 862: 855: 572:Boyce, D. George (2004). 170:Financial and Mining News 133:Whilst still editing the 80:University College School 65:University College London 952:British male journalists 342: 278:St George, Tower Hamlets 263:Bethnal Green North East 719:Porter, Dilwyn (2004). 212:January 1887, with the 195:investigative reporting 126:(1879), which attacked 71:for his service in the 737:10.1093/ref:odnb/47898 694:Johnson, Paul (2002). 673:Harris, Frank (2006). 651:10.1093/ref:odnb/34882 590:10.1093/ref:odnb/33717 303:as the member for the 265:, running against the 230: 31: 759:Robb, George (2002). 456:Harris (2006), p. 302 309:1906 general election 297:1900 general election 282:1895 general election 255:1892 general election 235:London County Council 228: 151:for £25,000 in 1894. 61:West London Synagogue 21: 924:Norman Carlyle Craig 633:Epstein, M. (2006). 496:Trial of John Morris 329:controlling interest 187:financial newspapers 982:Writers from London 706:on 23 February 2011 516:Stead (1892), p. 43 507:Stead (1892), p. 89 465:Robb (1992), p. 117 447:Robb (1992), p. 117 380:Epstein (2006). In 257:, where he was the 245:1,815; the nearest 35:Harry Hananel Marks 618:. Academia Press. 301:a 1904 by-election 289:John Williams Benn 231: 173:(later simply the 101:After arriving in 32: 930: 929: 921:Succeeded by 887:Succeeded by 750:(Subscription or 679:. Olympia Press. 664:(Subscription or 625:978-90-382-1340-8 603:(Subscription or 327:, but retained a 293:corrupt practices 204:His contemporary 149:Alfred Harmsworth 145:Coleridge Kennard 135:Daily Mining News 113:Daily Mining News 53:David Woolf Marks 1009: 977:UK MPs 1906–1910 972:UK MPs 1900–1906 967:UK MPs 1895–1900 897:Preceded by 863:Preceded by 853: 852: 831: 815: 800: 780: 755: 747: 745: 743: 724: 715: 713: 711: 702:. 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(1892). 781: 775: 756: 716: 691: 685: 670: 630: 624: 609: 567: 564: 562: 561: 559:Epstein (2006) 552: 550:Epstein (2006) 543: 541:Epstein (2006) 534: 518: 509: 500: 476: 474:Johnson (2002) 467: 458: 449: 440: 438:Epstein (2006) 431: 422: 413: 404: 402:Epstein (2006) 395: 393:Epstein (2006) 386: 373: 371:Epstein (2006) 364: 346: 344: 341: 321:Financial News 316: 313: 305:Isle of Thanet 267:Liberal-Labour 261:candidate for 222: 219: 214:Financial News 193:was active at 191:Financial News 183:Financial News 179:Edward McMurdo 175:Financial News 161:Main article: 158: 156:Financial News 153: 108:New York World 98: 95: 48: 45: 40:Financial News 9: 6: 4: 3: 2: 1014: 1003: 1000: 998: 995: 993: 990: 988: 985: 983: 980: 978: 975: 973: 970: 968: 965: 963: 960: 958: 955: 953: 950: 948: 945: 943: 940: 939: 937: 925: 918: 914: 910: 909: 901: 900:James Lowther 895: 891: 884: 880: 876: 875: 867: 861: 858: 854: 849: 845: 844: 840: 839: 829: 825: 821: 817: 813: 809: 808: 802: 798: 794: 790: 786: 782: 778: 776:0-521-52612-4 772: 768: 764: 763: 757: 753: 738: 734: 730: 729: 723: 717: 705: 701: 697: 692: 688: 686:1-59654-384-1 682: 678: 677: 671: 667: 652: 648: 644: 643: 637: 631: 627: 621: 617: 616: 610: 606: 591: 587: 583: 582: 576: 570: 569: 556: 547: 538: 532:(1892), p. 38 531: 527: 522: 513: 504: 497: 493: 489: 485: 480: 471: 462: 453: 444: 435: 426: 417: 408: 399: 390: 383: 377: 368: 361: 357: 351: 347: 340: 338: 333: 330: 326: 322: 312: 310: 306: 302: 298: 294: 290: 287: 283: 279: 274: 272: 271:George Howell 268: 264: 260: 256: 252: 251:Thomas Farrer 248: 244: 240: 236: 227: 218: 215: 209: 207: 202: 200: 196: 192: 188: 184: 180: 176: 172: 171: 164: 157: 152: 150: 146: 142: 141: 136: 131: 129: 125: 121: 116: 114: 110: 109: 104: 97:United States 94: 90: 85: 84:Athénée Royal 81: 76: 74: 70: 66: 62: 59:rabbi at the 58: 54: 44: 42: 41: 36: 29: 28: 20: 16: 905: 890:Thomas Dewar 871: 841: 819: 806: 788: 785:Stead, W. T. 761: 740:. Retrieved 726: 708:. Retrieved 704:the original 699: 675: 654:. Retrieved 640: 614: 593:. 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Index


Vanity Fair
Financial News
David Woolf Marks
reformist
West London Synagogue
University College London
Distinguished Service Order
Boer War
University College School
Athénée Royal
fr
New Orleans
New York World
antisemitism
Evening News
Coleridge Kennard
Alfred Harmsworth
Financial News (1884–1945)
Financial and Mining News
Edward McMurdo
financial newspapers
investigative reporting
Metropolitan Board of Works
Frank Harris

London County Council
East Marylebone
Horace Farquhar
Progressive

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