New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-07-09
Department Of Justice Studying
Statutes with a View of
Prosecuting Him and
LauterbaCh.
SAYS HE'S DONE WITH IT"
"Buccaneer of Wall Street" De-
clares He Wanted an Explo-
sion and Got It, but Re-
grets That Others Were
Dragged In.
fFrom Tho tribune Bureau. J

Washington, July S.-A startling
turn was given TO the Lamar -Lauter-
bach intrigues and Vaccinations this
afternoon when it was learned that the
Attorney General had determined to
investigate the case 10 ascertain
whether there were grounds for Grim
inal prosecution in the amazing admis-
siuns Of the two men before the Senate
committee.
ATTORNEY General McReynolds di-
rected one Of the assistant attorneys
general to read the testimony of La
mar and LauterbaCh and then look into
the statutes 10 see if there was any
possibility Of successful federal prose-
cution. This action was taken inde-
pendently of any action by the COM
mittee, which practically announced to-
day that it would leave TO the Depart
ment of Justice the question of Grim
inal investigation.
Mr.. McReynolds believes there must
be some way TO hold Lamar and
Lauterbach criminally responsible for
their confessed activities toward gold
hricking" Wall Street. He believes
that the Wolf is more guilty, per-
haps. than Lauterbach because Of his
impersonation of members of Congress.
but he is disposed 10 believe in the
possibility of proving a conspiracy.
The matter may be ultimately referred
10 the United States Attorneys office
in New York, with instructions to Mr.
Marshall to present the case to the
grand jury.
With professions Of repentance and
emphatic declarations. that he was
done with the Wall street game once
and for all" David Laghar turned his
hack on the Senate lob5y investigating
committee to-day and went his way.
Before he went, arm in arm with his
associate. Edward Lauterbach. he left
in the committees record as the fruits
Of his experiences of the last few weeks
some blunt phrases expressive Of his
opinion of the great game of high
finance and the part he he'd taken in it.
Wanted an Explosion"
The self confessed "buccaneer"
summed up as the purpose Of the al
legged conspiracy in behalf Of Mr.
Lauterbach-the mysterious telephone
communications and the representa-
tons that the Democratic Congress
could BE- induced 10 walk in peace with
the house of Morgan and the big in
terests Of Wall Street-in one phrase.
Il wanted an explosion" he said, and
got it."
Having failed in his purpose TO re-
store his friend LauteTbach to a
friendly footing with the Morgan and
Standard Oil men. he testified, and
finding them adamant, he was deter
mined 10 bring the fighting out into
The open. The apparent mystery he
created, he explained, was to lead Led
yard, Lovett and others 70 make their
charges before the public, that he
might have an opportunity to explain
the entire situation. 1T was a war
measure" said Lamar.
In concluding his testimony Lamar
dropped bis customary attitude Of bois-
ferrous amusement long enough to utter
single note Of defiance and to express
tinge Of regret
Il am the one william Of Wall Street."
said Lamar. Every one else is a per-
son Of high ideals"
The witness denied that there had
been a blemish on his record or that
ne had ever been in a penitentiary.
Many OF the aspersions cast upon him,
Continued on 9th page. third column.