Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1913-07-11

Palmer, R1Ordan, ana lilies
without a culver. and toyed with the
regulations of Louis d. Brandeis, ].
Pierpont Morgan, Kuhn, Loeb & Co.
and all the high lights Of Wall street
and Washington with irresponsible
fippancy, 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 a reckless
abandon that makes the most ''insidi-
GUS lobby" eve invented shrink into
modest ~nothingness, and then told the
committee in the same calm way that
he did 1t to induce Morgan & Co.. Ito
mend their way and reform"
Lauterbaeh Denies.
Lauterbach has already denied most
of Lamar's stories, and the committee
is awaiting with some interest his ver-
sion of the Lamar activieies, in the
ACE 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, inc then told OF the
strange visits they had had from Lau-
terbach, who, they said, was just as
free as Lamar in his offers to on
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 a 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 a resolution introduced in
congress-" he told the astounded COM
mittee, SIS as easy as taking candy
from a babe"
He admitted that he gave a 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 its 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 maneuvers Of Lamar
and L~auterbach, with a 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 to
all kinds of proposals. Then he told
of the Lauterbach visit, when the lat
ter, he said, made a definite proposal
of just what the new administration
would do in behalf of the steel trust,
in staving off criminal prosecution
and a receivership, in return for the
employment of Lauterbach's services
and the use of Mr.. Morgan's political
influence" with southern senators, and
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
statements in which his name had
been mentioned. Mr.. Ledyard re
peated for him the alleged statements
Of Lauterbach, hat 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 at
once took the witness stand.
II swear without n sort of quail
fcation," he declared, that the state
ment by Lauterbach is absolutely a
fabrication. I made no such state
ment to him or to n other human
being. / never talked with Speaker
Clark upon any subject alluded to.
Theswhole thing is a complete fabri.
cation"
Charges U. p. Forgery.
During his testimony early in the
day, Lamar interjected an attack upon
the Union Pacific, claiming there had
been a Justification in the books OF
the company in 1901 by which nearly
$S2,000,000 had disappeared from its
surplus.
Mr.. Cravath Immediately denied
this, termtng Lamar a liar" a char.
acterization which the committee in.
sisted should be withdrawn. Cravath
declared the attack had been expected
for several days as a part of a bear
raid to depress the value Of the stock
for speculative purposes.
How It Works Out.
DO you know that fol-
lows out strict legal procedure?"
"In what wav nravops