The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1913-07-10

fl0TpOuL morgan, mum, AOeD q w.
and all the high lights of Wall street
and Washington with irresponsible
fiippancy, refusing to take seriously
his impersonation Of these men in the
most compromising negotiations. He
told of offering to barter away infiu-
ences at Washington with reckless
abandon that makes the most "insidi'
Gus lobby" ever invented shrink into
modest nothingness, and then told the
committee in the same calm way that
he did it to induce Morgan & Co. Ito
mend their ways and reform"
Lauterbach Denies.
Lauterbach has already denied most
OF Lamar's stories, and the committee
is awaiting With some interest his YER
sion of the Lamar activieies, in the
face OF other evidence corroborating
Lamar Messrs. Ledyard, Cravath and
Evarts told amazing stories of the
way in which Lamar had tried to i'm
pose on them. and then told OF the
strange visits ahey had lad from Lau-
terbach. who. they said, was just as
free as Lamar in his offers to con-
troll Washington influences in their be-
half. But they all spurned him, they
said. and claimed to the committee
that they recognized in the Lamar
Lauterbach procedure gigantic con
spiracy to induce them to become part
ners in illicit plots which could result
only in blackmail.
Lamar told the committee that he
wrote the steel trust investigation
resolution which Congressman A. O.
Stanley of Kentucky introduced two
years ago, and on which he launched
the famous Investigation of that cor
poration. Lamar testified that he turn
ed the resolution over to Henry d.
Martin of the American Antitrust
league" who had turned it over to
Mr.. Stanley.
Finds Resolutions Easy.
ITO get resolution introduced in
congress" he told the astounded COM
mittee, lis as easy as taking candy
from a babe"
He admitted that he gave copy of
this resolution to Lauterbach to be
shown to the steel trust" officials be-
fore Representative Stanley intro
duced it. but denied that this was in
tended to blackmail them into pur-
chasing it's withdrawal
How Lamar Was Trapped.
From a dramatic viewpoint. the
most remarkable story of the day was
the testimony of Attorney Ledyard
He told of the maleuvers of Lamar
and Lauterbach, with crisp delinea'
ton of events that makes his evidence
read like pages from Conan Doyle
How he trapped the pseudo Palmer
and caught Lamar in using a tele
phone from the latter's home by the
simple expedient Of having his wife
get the real Congressman Palmer on
the long distance telephone in Penn
sylvania, while he spoke to Lamar at
New York, was but an episode. On
another occasion he had J. p. Morgan
Jr., and another Morgan partner lis
ten on branch telephones while the
pseudo Palmer committed himself tC
all kinds of proposals. Then he told
of the I.auterbach visit, when the lat
ter. he said. made definite proposal
of just what the new administration
would do in behalf Of the steel trust
in STAYING of criminal prosecution
and receivership. in return for the
employment Of Lauterbachs services
and the use of Mr.. Morgan's political
influence" with southern senators, and
a revelation of the Morgan relations
with Roosevelt
Denied by Stone.
These were reduced to writing, and
Mr. Ledyard said that Lauterbach had
declared they would be verified by
Speaker Clark and Senator Stone. by
whose authority he claimed to speak
International peace was also to be
favored by the Morgan firm, he said
to notify Mr.. Bryan.
Senator Stone entered the commit
tee room before Mr.. Leydard left the
stand, having been informed of the
III WulCu lis H6ll1C udt
been mentioned. Mr. Ledyard re
peated for him the alleged statements
of Lauterbach. that Stone had In
structed him to go to the Morgan In
terests and the steel interests in be
half Of Speaker Clark and make Ger
tain proposals, and the senator al
once took the witness stand
Il swear. without any sort of quail
f1cation,' he declared, that the state
ment by Lauterbach Is absolutely 8
fabrication. l made no such state
ment to him or to any other human
being. never talked with Speaker
Clark upon any subject alluded to
The whole thing is complete fabri
cation"
Charges U. p. Forgery.
During his testimony early in the
day, Lamar interjected an attack upor
the Union Pacific, claiming there hat
been a Justification in the books o.
the company in 1901 by which nearly
$82.O0O.000 had disappeared from It,
surplus.
Mr.. CravAth Immediately denied
this. terming Lamar liar" char
acterization which the committee In
sisted should be withdrawn. Cravatt
declared the attack had been expected
for several days as part OF a beal
raid to depress the value OF the stocl
for speculative purposes