Arizona republican., 1913-07-09
Committee Looks at Opera tions on Wall Street Through Spectacles of Operator on Bear Side of the Market
TWO QUESTIONS
 ARE INVOLVED
Says He Was Only Playing Wall Streets Game When He Made Frequent Use of Telephone in Lauter- bach $ Behalf
ASSOCIATED PRESS DISPATCH l

ASSOCIATED PRESS DIsPATCH1
 WASHINGTON. July S.-The sen ate lobby committee took a look at Wall street today through the spec tacles of David Lamar. Lamar. an operator on the bear side who admits he banded about in the market place the names of men high in congress, took the committee into his condi- dence. For all the machinations he contrived after all he swore he had but two reasons He wished to cause ''an explosion" which would bring Wall street men whom he felt were sntagonistic to him into the open," and he wished to insure the re- employment of Edward Lauterbach, his lawyer friend, who had fallen into disfavor with the mighty of the street.
 Although the committee tried to develop that there might have been some other consideration involved La mar denied such allegation as often as it was made He was on the stand for several hours, and although five senators Wielded the scalpeI a various times they uncovered nothing that Lamar did not wish to reveal. He was only playing Wall streets game he said when he made such frequent use of the telephone and talked about what might be done in Washington through prominent members of con gress. It is game he has known for most of the twenty-five years he has been in the street, he said. but h. wifi To summed up the whole story in a few words when he said:
 It was the Wall street game I was playing. In Wall street you don't act like you do on a New Jersey farm" Later he added bitterly:
 T am the only villain in Wall street. All the others are actuated by the highest motives and possess the highest ideals"
 Lamars examination was finished today and both he and Lauterbach were allowed to go on the under standing that if wanted they should appear again.
 With their departure the committee took up the sugar lobbying again for three hours with short excursion in the land and wool lobby.
 Charles D. Westcott a Washington l the sugar story again. He told of an unsuccessful effort made to get i Cuban planters to put up S25,00O for ] the expenses of a free sugar cam raign in Washington to offset the efforts of the anti-free sugar people. He declared his effort failed after he 1 believed it was successfully launched and gave it as his opinion that the 1 sugar trust had been responsible. i He said the trust accomplished this end by influence exerted on Cuban banks which could force the growers to do what they wished by refusing credit
 He added that the Agrarian League. u which every grower feels obliged ! to belong, was dominated by the trusts and was acting in compliance with the combines wishes and had opposed the free sugar campaign
 WestcOtt was put through a search 1 ing cross examination by Senator ! Cummins about these statements. Finally he said he personally did not know about the trust domination of ! Cuba, but his statements were made cn information given by the growers He read parts of a letter from Chas. II. Hawley, president of the Cuban American company which said the allied trust which HaWley said opposed free sugar was arguing that Cuba was benefited more from prefer
 entiaI tariff now enjoyed under the | reciprocity than she would from free sugar.
 Senator Cummins said he could understand the attitude of most men
 on the sugar question but was great i lI surprised that the American was , interested in securing free sugar be-
 cause it would benefit the Cuban planter. Westcott admitted that this
 was his principal object. He said he
 never expected O get a large fee or
 to conduct the proposed campaign.
 The committee room was filled all day long by members of the senate
 and house. Among the interested
 spectators here for several hours was l Representative Finis J. Garrett of Tennessee, who is slated for the
 chairmanship of the special house
 committee which will be named to-
 morrow to investigate the MuIhall
 charges. Wm. Whitman, of Boston
 is one of the men interested in wool
 and is under subpoena and will take the stand tomorrow morning before the senate committee.