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Auction: 1004 - Bonds & Shares of The World
Lot: 565

Labour Newspapers Ltd., (The Daily Citizen), £1 shares, 5 shilling paid, 19(12), no.670, signed by Edward R. Pease as director, scrollwork at left, black, very fine and scarce. Estimate £ 100 Formed as the official daily paper of the Labour Party and the T.U.C. when their former paper the Daily Herald became rather too radical. Funds from members were not sufficient to keep the paper afloat and it closed in 1915. Edward Pease (1857-1955). Socialist founder of the Fabian Society and its long serving secretary.

Sold for
£70