The Washington times., 1913-07-08
CALLED INF ANGUS,
LAMAR FIGHTS BACK
"WoIf of Wall Street" Declares
His Motives Were Pure and
For the Public.
Continued from First PageD

NCOIllIlufu II lbLli IL Sl I oSV-y
for that of his uuestioners. When Sena-
tor Reed thought he had him fenced IN
with a ring of interrogations. he man
aged to break through and escape
NeIodramatiCally, he pictured himself
as a man with the real welfare of the
public at heart, anxious to force his
enemies in the street out into the open.
where all the charges or insinuauons
against himself and his friend, Lau-
he sarcastically exclaimed, when Sen
ator Reed was vainly trying to get him
to admit he had done bad and evil
thing:
I'm the one bad man in Wall street.
All the rest are actuated by pure
motives but me-
go as Far as You Like"
Numerous sharp exchanges between
Lamar and Reed occurred. But Lamar
did not seem to mind. When Reed made
a Characterization Of his conduct Lamar
practically told him to go as far as he
liked.
Il know what you're going to say:
You needn't hesitate a bit" he told
Reed amid laughter from the specta-
tors.
Lamar went on the stand today for
the purpose of making what the COM
mittee intended to be a statement OF
4dCl- but before ne got lnTOusn, IL ndS
seen to be an argument in his own be-
half. He was then choked of and cross
questioned. However. he succeeded in
getting a great deal about his motives
into the record.
IF there's anything in my life that
is wrong. if I've been guilty of black
mail or any of the horrible and In
famous things insinuated about me,
here's the place for the issue to be de-
termined," he said.
Gets Defense in Record.
He rrefaced his statement by saying
he realized perfectly we'll that my life
anG character are on trial here He
then proceeded to offer a short eulogium
to each Senator on the committee.
and indicate he had no fear of the out
come. Before he had got through with
this, Senators Reed and Walsh clamor-
ed to have this part of the statement
cut short He did So after he had got
about what he wanted into the testi-
mony.
Then he proceeded to define his mo-
tives in all the strange and devious
Vaccinations of the Lamar -Lauterbach
affair." He declared his motive was not
money, but was to produce one of two
things:
Either that these men would recog-
Eize the injustice and folly of their
course to Mr.. Lauterbach and myself.
or to force them to come out into the
open with their charges of blackmail
which they had been making for years
against Mr.. Lauterbach and me. 1t
was a Wall Street operation of major
type, conducted on parallel lines"
Defends Lauterbach.
He proceeded to a further exposition
of his own motives and defense of
Lauterbach amid various protests from
Senators Reed and Walsh that he was
not giving evidence as to facts, merely
making arguments. He repeatedly prom
ised to avoid arguments, but at once
plunged into one. not losing an oppor
tunity to denounce Ledyard for du-
plicity and otherwise lambast him
He declared he deliberately prepared
a trap for Lauterbach with the belief
that Ledyard and other enemies would
lure him into 1t, hoping to ruin Lau-
everything The Wolf wanted TO have
revealed. He declared the plan sue
ceeded perfectly. He maintained that
he was doing no real wrong in using
the names of Stone. Clark. Palmer and
Riordan. because the schemes put up
ferrous that they would not long de-
ceive anyone. He did not believe
Ledyard or anyone else would give it
credence.
Self-Possessed on Stand.
Lamar, who was dressed as before in
a fashionably cut suit of gray was
self possessed on the stand. He coolly
told the committee he had represented
to Lauterbach that he had had a teIe-
phone conversation with Senator Stone,
and that in this talk Stone spoke for
himself and Speaker Clark This was
Ia oil oil with raferanra tn
attitude of the Democratic leaders to
big financial interests.
The witness dwelt on his high sense
Of public duty and his years of warfare
Reed tc ask long line of questions
calculated to establish that he had
high standard for public men.
Reed then asked: Entertaining
these views. you didn't hesitate TO go
to Nj. Lauterbach and tell him that
acquainted. and Speaker Clark"
Whom he did not know" interjected
Lamar.
Whom he did not know" pursued
Reed, were ready to make a deal of
the most Infamous and damnable char
acter with the Morgan interests?''
The witness said he induced Mr.. Lau-
terbach to go to Ledyard about these
things. but he shied at the adjectives
and would not allow any of Reeds
Characterizations of conouct to pass
as his own. Nor was he easily pinned
down to categorical answers, which
he insisted, as far as possible, on dOdg-
ing.
Preferred Fight in Open.
Abiding at one time to the way in
which he had sent Lauterbach into a
trap, a proceeding Reed sought to stig-
matiZe, Lamar said:
Better 10 fight in the open than slow
death"
Mr. Lauterbach was in the room while
Lamar testified. Senator Overman said
thin morning that it was not the pur-
pose to recall Lauterbach and that La
mar was allowed 10 go on at his own re-
quest.
The fact that the committee has no in
tertion OF seeking to have Lamar or
Iauterbach prosecuted developed this
morning. 1t has merely been unwill ng
to give immunity and thus bar the gate
TO prosecution. II there is any prosecu-
ton, which is much doubted by mem
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