The Birmingham age-herald., 1913-07-08

Not in session.
Meets Wednesday,
Washington. July THE strange tale
Of Wall street operations begun before
the senate's lobby committee last week
by David Lamar had another chapter
added today when Edward Iauterbach.
Iamars associate in many undertakings
pleaded that be had been the innocent
victim and the "vicarious sacrifice in ne
gotlations that have involved the Morgan
firm. the steel interests. New York attor-
neys members of Congress and men OF
lesser prominence.
Lauterbach had already testified before
the committee. But since his former ap-
pearance Lamar had told his unexpeeted
story, involving himself and f.auterbach
In the preiminaries OF the steel trust IN
vestigation, and in an extraordinary effort
to restose Lauterbach to the good graees
of the Morgan firm. and Lewis Cass Led
yard had added his sworn statement that
Lauterbach had represented himself as
the emissary of Speaker Clark. Senator
Stone and democratic leaders IN an effort
to effect a reconciliation with the Morgan
steel interests and shut off investigation
or opposition In Congress.
Prominent in Legal Circles
Lauterbach, long prominent In legal cir
cles In New York, sat all day under a
searching fire of questions from senator's
on the lobby committee. He admitted
most OF the facts alleged by Ledyard. but
declared that throughout the negotiations
between Lamar and himself, and between
himself and members or representatives
OF the Morgan firm he had been the in
nocent victim of those who had concealed
facts or made misrepresentation to him.
The witness admitted his long associa
ton with Lamar and said It had been an
honorable connection, and profitable one
for him. He told OF talking over with
Lamar the steel trust investigation, ana
of seeing the proposed resolution, and
admitted urging Lamar to withhold it un-
til he could see ]. Z. Morgan and others
and urge them TO authorize him to pre-
vent its Introduction.
Throughout the entire proceedings. lie
declared there was no thought of reward
on his part. lie raised himself in the
witness chair, and shouted no with We
hement emphasis when Senator Reed sus-
gested that there had been an effort to
interest. THAT insinuation is an insult
and an outrage" he exclaimed.
Admitted He had Authority
Lauterbach admitted he had told Led
yard that he had the authority of Speaker
Clark, transmitted through Senator Stone.
to make certain proposals for peace" TO
the Morgan interests. but said this au-
thority came from Lamar. He declared
he had never seen Clark or stone; but
had been assured by Lamar that the lat
ter knew Senator Stone and that he bad
made the arrangements for the Lauter-
bach -Ledyard interview with the approval
of Stone and the speaker.
Throughout the days investigation,
Lauterbach recalled dates and circunl-
stances with difficulty and could not fix
the time of his visits TO washington, or
of his conferences with Lamar He tE-
sisted that he did not know Lamar had
telephoned Ledyard In the name of Rep
resentative Palmer to make an appoint
ment for him. but he declared ne believed
when he went to Ledyards house that
Senator Stone had telephoned to Ledyard-
He supposed then, he said, that Lamar
had full authority to represent Stone.
To all the questions of the committee
Lauterbach insisted that he did not loos
for pecuniary reward in carrying infor-
nation of the Steel corporation to ths
Morgan firm, or in comforting with Mr..
Ledyard over the proposed agreement be-
tween democratic leaders and the Nor
gan Interests.
my only hope was for restoration 70
the good graces OF the people who appar-
emily had gotten together to destroy me.
he said.
Lamar was present throughout the days
sessions. and was held for tonight's meet
ing of the committee. at which he had
asked permission To make a statement.
Both he and Lauterbach announced that
they would waive an immunity from pros
ecution.
Reach Letters Wednesday
| The lobby committee planned TO finish
| the Lamar Lauterbach testimony tonight
and then take up the wool and sugar lob
! by Investigation tomorrow. II was be-
| lieved the Mulhall letters. which will form
the bases for an investigation of the activ-
ities of the National Association OF Man
ufaeturers would not be reached until
Wednesday or THURSDAY
When Lauterbach took the witness
chair Chairman Overman read to him
a statement made last week through
| Lewis Cass Ledyard a New York law
| ~ ->>--->~>~-~~~~>~~~~~>~~-~~
| tConfinued ON Page Ten)