The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1913-07-10
.LAUTERBACH DUPE
OF FRIEND LAMAR
Admitting Dealings Charged,
SWears He Was Victim.
LEDYARD IS ALSO BLAMED
Former Ally Of Wealthy Financier
Tells Senate Lobby Committee OF
His Dealings With Wall
Street Operator.


lawyer and personal friend and bust
ness associate of the person who calls
himself David Lamar" was subjected
10 a grueling fire OF cross-Questloning
from the seniors conducting the inyes-
tigation
Admitting his intimate association
with Lamar" the wolf OF Wall street,
and admitting also the truth OF much
of the damaging testimony given
against him on the witness stand last
week by Lewis Cass Ledyard and 9TH
ers OF high standing in the financial
world and legal profession, Mr.: Lauter-
bach confessed 10 Senator Stone and
TO the members Of the lobby commit
tee that he had been duped by his
friend Lamar"
Says He r presented Stone.
He said II was true that he had
posed before Mr. Ledyard as speaking
for Senator Stone and Speaker Clark
with regard to general political ad-
justment OF affairs" in which the great
corporations of the country were vital
" Interested Me laid all the blame on
Lamar
Lamar" he said, processing to en-
10Y close relations with all the powers
at Washington, had dictated to him
the program OF legislative action ard
combination of political and financial
interests which the party IT. control OF
the government had presented to him
with Senator Stone az the intermedi.
AIRY.
Possessing every confidence In La
mar" and all that he had told him, Mr..
Lauterbach declared that he had car
ried the proposition to Mr.. Ledyard.
Mr.. Lauterbach further testified to the
truth, in substance, OF all the state
ments made with reference TO his rep
reservations OF authority and power to
control matters between the govern
ment and the steel trust.
Lamar" Furnished Data.
He established, through his own con-
action. added proof of the community
Of interest between Wall street opera
tors and busybodies in the committee
rooms of congress acting in the name
Of the eo-called Antitrust league,
Lauterbach said that he got his in
formation from Lamar and that La
mar" got it from Henry Martin, secre-
tary of the Antitrust league, that Pres
ident Taft did not want the congress
sional investigation of the steel trust
and that before the resolution starting
the Stanley committee on its work
was introduced, lie Uauterbach) had
peddled the tip among the big men of
Wall street for what 1t was worth.
Never Talked to Senators.
Declaring the statements he made
to Mr.. Ledyard with reference to
Speaker Clark and Senator Stone were
based solely and entirely upon CONVEX
sations he had with Mr.. Lamar" aver
ring that he had never talked to Sena-
tor Stone or Speaker Clark. Mr.. Lau-
terbach was Jed by questioning on the
part of Senator Reed to one of his
most dramatic climaxes.
At Mr.. Reeds suggestion that the
representation made by his friend la
mar constituted a falsehood made out
was misled iuto misusing the informa-
ton furnished by lamar Mr. Lau-
terbach said:
Then was absolutely misled
There never was victim such as
was when ! went to Mr.. Ledyard's
house on that day. Never. ! knew
nothing whatever OF all these tele-
phone conversations. Mr.. Ledyard
knew about them from beginning to
end
Il knew nothing Of the fact that Mr..
Lamar had really given way the Pal
mer situation, as the testimony devel-
oped, by telling Mr.. Ledyard to call up
Palmer on the succeeding Sunday q.
his house, when this whole thing
would have been developed, and | was
permitted by Mr.. Lamar on the one
hand and Mr.. Ledyard on the other to
go there as a messenger, assuming to
represent a scheme Of peace and order
~ arrangem political arrangement
and J went there in good faith, as
Stunning that what Mr. Lamar had told
me was perfectly correct and absolute
~ authorized assuming that Mr.. Led
yard did not know anything to the con
trary, which he did; and there ! stood
like Il scapegoat and vicarious sacrl
flee between both"
And then Lamar. in his own way
and with his own detective methods
and with what he will explain to you
and ask you to have him explain II tC
you; partially understand it--had
these conversations with Mr.. Ledyart
tot which ! knew nothing however,
advised me- OF supposed telephone com
munIcations with Speaker Clark; anC
], impelled by this talk, with the desire
OF resuscitation. with no greedy de
sire, with no money desire, with the
desire only TO be OF service in carry
ing out this program, which In man,
respects appeared TO me to be inopera
tive, and In many respects to be yer.
good, and thinking Here am going L
help In great public function. ant
am going TO be all right with Morgan
e. Co. and Kuhn. Loeb 4 Co., and Il
stand AZ did before.
One benefit that came to me from