Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-07-08
LAMAR BOAST rs
HE'S BAD MAN
Of WALL ST.
Turns Mental FIip-FIOps Before
Lobby Committee to Explain
Betrayal Of Lauterbach.

WASHINGTON, July S-Davit
lamar the Wall Street adventurer
to-day in a demonstration Of menta
gymnastics before the Senate Lobby
Investigation Committee, attempted
to show that his friend, Edward Lau-
terbach. was really the victim Of a
conspiracy on Lamar's part 10 bring
Lewis Cass Ledyard and his friends
into the open"
Lamar surprised the committee with
some OF his bold statements.
q am the one villain in Wall street.
am the one bad man there. All the
rest Of them are good and innocent, %
he said, explaining why he had I'M
personated Palmer and Riordan and
why he had sent Lsuterbach to Led
yard with a political arrangement
designed to head on the Steel Trust
investigation.
Why He Charged Forgery.
lamar then said his purpose In cal
ing attention TO an alleged forgery q
$50 GOO 600 in the books Of the Union
racine anu Illh u Db1AAlhh u kA1t CIT
uation existing between the financial
interests and LRuterbach was 10 com
pei these men to recognize the folly
Of their course against Lauterbach
Referring to the impersOnatiOn Of
Representative d. J. Riordan two
years ago, Lamar swOre that he told
Charles Steele. of J. T. Morgan &
Co, two days after the conversation
that he impersonated RiOrdan.
Lamar declared that when he i'm
persOuated Congressman Palmer the
second time his ear was so attuned to
telephone conversation that he knew
when Ledyard cut in with his private
telephone line
Framed Political Program.
Lamar said he was responsible for
the political program" which Lau-
terbach carried to Ledyard. and that
lief that Speaker Clark and Senator
stone were authorities for the repre-
sensations he made TO LedyaTd.
Lamar also referred to Ledyards
efforts to defeat him as "elephantine, ="
and said he wished 20 force Bedyard
and his associates who have ruined
many men 10 come into the open
and publicly show their methods
against men whom they oppose.
You did not hesitate to tell Lauter
bach that Senator Stone and Speaker
clark were parties TO the program
WHICH was conveyed to Ledyard ?"
quegied Reed.
Il did not hesitate"
Said Ledyard Would Suspect.
You knew II this program we're
conveyed 20 men powerful in the
financial world they would regard
Speaker Clark and Senator Stone as
men who were willing TO make
deal?"
Lamar replied in the negative, ex-
planning that the program would never
go through until Wall Street had per
sonal confirmation from the Missouri
statesman.
Il was sure Ledyard would give
this program no credence." said La
mar, 81 knew that he was aware Of
the Palmer impersonation before he
ever saw the program"
You had sent Lauterbach, your
friend, a man IS years old, into a
trap" demanded Reed.
Yes, better a tght In the open
than slow death replied Lamar,
heatedly.
Il sent LautnFbach into the trap"
he continued, so he would be com
pletely in Ledyard's power and give
Ledyard reason for finally coming
into the open"
"pm the Villain He Cries.
do you think either OF you has
gained anything2" asked Reed.
''We certainly have" said Lamar
we have compelled them TO come
into the open"
Senator Reed commented sarcaSti-
cally on this statement.
81 fhA n-f1iotn ~ -
Street replied Lamar caustically. 90
am the one bad man. All the rest ar,
evidently actuated by the highes
character and purity"
Lamar submitted a statement which
he claims proves there had been 1
wholesale forgery on the books of IN,
Union Pacific Railroad.