Evening star., 1913-02-25
RELY upon HUERTA| CHARTS ON RECORD
Officials Here Expect Him to Embrace Data Gathered in
Restore Peace in Mexico Money Trust Inquiry.
THINK IRON HAND NEEDED HEARING TODAY is FINAL
Gov Colquitts Threat Hopes Submit Its
| Texas Border Not Credited. Findings This Week.
NEED PROTECTION CITED REPORT FRAMED BY COUNSEL
Untermyer's
! Reported menta
Embrace Data Gathered in
Money Trust Inquiry.
HEARING TODAY IS FINAL
Committee Hopes to Submit Its
Findings This Week.
REPORT FRAMED BY COUNSEL
Chairman Pujo Believes the House
Will Adopt Untermyer's State
ment as Written.

A final meeting Of the House money
trust committee for the submission of
proof met today. with the committee
prepared to rush the proceedings In
their desire to get it's report to the
House this week A chart embracing
all Of the testimony elected by the COM
mittee as to the alleged concentration
Of money and credit in the hands OF
certain New York firms was presented
by the committees statisticians. A sup
Elemental chart embracing the financial
institutions Of New York, Boston and
Chicago was also presented, and both
were placed on record. These charts
showed in detail what the committee
in it's report will characterize as the
money trust for which it has been
searching.
Immediately after today's hearing the
committee was to resume consideration
of the report framed by Counsel Samuel
Untermyer. Chairman Pujo believes
that the Untermyer report will be
adopted practically in it's entirety, and
that the committee will complete its
consideration today. He expects a
unanimous report from the committee
to be submitted to the House, probably
Friday.
Statistician Gives Testimony.
After Mr.. Untermyer had read into the
record a series of documents showing the
Joint bond transactions in which ]. p.
Morgan & Co., the First National and
the National City Banks were interested,
Lawrence Q. Scudder, statistician. took
the stand.
Mr. Scudder produced table showing
the bond issues in which the following
firms were jointly interested: ]. z. Nor
gan & Co. First National Bank, National
City Bank, Kuhn. Loeb & Co, kissell,
Kinnicutt & Co. of New York, Lee Hig-
ginson & Co., Kidder. Peabody & Co. Of
Boston, the Illinois Trust and Savings
Company. the First National Bank and
Chicago.
Mr.. Scudder's table showed that these
houses had handled jointly some 800
bond issues in the last four or five
years, amounting to s3,607,512.637.
Charts Show Affiliations.
Of the charts placed in the record
the first showed the affiliations through
stock ownership directorships. voting
trusts and underwriting affiliations. Of ].
P. Morgan & CO., the First National
Bank. the National City Bank, the Guar
antee Trust Company and the Bankers
Trust Company. with banks and trust
companies, insurance companies, railroads
and industrial corporations throughout
the country. The other chart showed
similar data as to the New York
houses. Kidder Peabody & Co. and
Lee Higginson & Co. of Boston and
the Illinois Trust and Savings Com
pany. the First National Bank and the
Continental and Commercial Bank of
Chicago.
After Mr.. Scudder had explained his
charts, the committee went into eX-
ecutive session to resume consideration
of the report.