The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1912-12-19
merican Money King on the Witness Stand
Before the Money Trust Investigation
Committee Today.
&C. HAS COMMENCED TO PULL down
Permits Glimpse at the Wealth Hid
den Therein.

been highly successful, but they
were few he admitted.
Morgans voice was husky. He Wig
orously denied, however, that he felt
tired. But the appearance of weari-
ness grew particularly strong when
he told how his health had compelled |
him to remain abroad for four or five
months every year.
Rapt attention was given the bank
er by every committeeman, and spec
tator. Surrounded by his retinue OF
attendants, including half dozen
lawyers, firm partners, secretaries
and clerks, Morgan was the central,
dominant figure OF as fantastic al
story of dollars as has ever been
told in American history.
Morgan hurriedly sket We'd how he
reorganized the Northern Pacific and
Southern railroads; how billions OF
securities had been underwritten by
his firm here and abroad; how Nor
gan, and firm members sat in raIr-
road, bank, trust company and insur-
ance company directorates and barred
to public view for the first time the
| inner machinery behind his money
levers.
JTntermyer said he expected to quiz
Morgan this afternoon until about 3
o'clock and then examine Morgan's
partners until five.
do you feel tired at ALI" Unter-
myer asked Morgan after the recess
had been ordered.
Not at all" protested the banker.
jovialIy. "I'll be all right again after
i get q smoke and little fresh air. !"
Curiosity Aroused.
i UNITED Press Leased Wire Service. ]
WASHINGTON, Dec. 19.--J. Pier
A pont Morgan today faced the most
grilling inquisition of his celebrated
career when he resumed the witness
stand before the money trust investl
eating committee.
The great financier was scheduled
!. under oath to tell the story of his
/ wealth. His testimony promised te
write 6 new chapter in American fin
ancial annals "Morgan's millions
were to be uncovered to the public
gaze.
Examination of the money kins
!, was set for 1920 O'Clock. 1t was ex
Il pected that he would be the star ant
probably the only witness in dra
!, matte last session Of The money prob'
!, until after the holiday adjournmen
J, OF the inquiry until January s.
Morgan's temperance today fol
! lowed his brief raising of the veil 0
mystery from his Wall street busi
t ness late yesterday
! Promises of complete and courte
. Gus information upon his money cor
!. quests were made by the financier
BUT some lively tilts between ia
banker and Samuel Untermyer, attor
! ney for the Pujo committee, were an
ticipated.
q Morgan indicated early In his pre-
+ liminary appearance that he stand
! ready to disclose the principal fact
in his numerous transactions, bu
- takes the position that the identity
the principals therein are private, nc
"a public property.
= Announcement Of Morgan's real
: nearance drew crowds of spectator
clamoring for admission to the con
mittee room. Before 10 o'clock
!, half hour before the scheduled hot
"a of meeting -hundfsds sought admi
= sion to the big, marble-lined hearin
q hall Congressman, capitol employe
a. tourists composed the crowd. Outsic
the marble steps of the house offit
o building were blackened with person
=. seeking a glimpse Of the head OF u
IT Morgan mouse.
re While the appearance OF the tina
: cier was the spectacular phase OF t
o DAVIS hearings, substance was adde
n. 10 the real information for which II
committee is searching by gre
IL. nile Of documentary evidence supm
cd fed by Morgan and Company.
at These were prepared in response
orders Of the committee. They we
Id held for presentation by Morgan,s
ot torneys, of whom he had hail aoz'