The Birmingham age-herald., 1913-07-03

tators almost dumbfounded for more than
an hour
Paul d. Cravath. one of the attorneys
for the Union Pacific, and Maxwell
Evarts, counsel for the Southern Pacific.
lestlned briefly as to their experiences
with the telephone impersonator. During
ms testimony early in the day Lamar
lnter1ected stn attack upon the Union Pa
elfic, claiming there had beer a falsifica-
tion III the books of the company in 1901.
ny Whch SSOoOO,Ooo had disappeared from
its surplus.
Mr.. Cravath Immediately denied this.
terming Lamar liar. a characteriza-
ton which the committee insisted should
pe WITHDRAWN. Cravath declared the at
TACK mad been expected FOR several days
as part Of bear raid to depress the
value OF the stock for speculative pur-
poses.
While Lamar was on the stand. Chair
man Overman endeavored to make him
give his real name but the witness re-
FUSED lie admitted under Overmann's
questioning that he had been in Den Jer
under the name OF David H. Lewis, but
denied he mad used the name of simon
Woif. lie said Lamar was not his narue
put decined TO give to the committee
further Information.
Representative William Calder of New
YORK asked permission to testify as soon
as the committee assembled today, He
SAID his name had been mentioned In the
Mulhall charge as one of the congressman
who could be readily reached through
| business. commercial or sympathetic
channels"
I simply ask your committee To re-
quire Mr. Mulhall TO produce any letters.
telegrams, papers or information of any
kind that he may have" Calder said. Il
never saw Mr.. Mulhall In my life nevar
talked with him and never talked wirh
any agent OF the National Association
of Manufacturers"
David Lamar a Wall street onarator
who had been drawn into the hearing
through statements made by Robert S
lover, and Edward Lauterbach first was
called Mr. Lamar described himself an
| operator in stocks and was allowed bv
the committee to make detailed state
meht as to his previous operations in Wall
| street and the source of his connectjon
with Union Pacific affairs.
Lamar said Russell Sage ordered him
| 10 compel the Union Pacific to pay the
government $5S, 600, 600 In bonds owing II
Lamar met with Senator Foraker, came
to Washington and conferred with Presi-
dent Mckinley
Had No Effect
We We're charged with being a pair of
conscienceless blackmailers," Lamar said
but that had no effect on u.s. When
Sage retired from business In 1901 on
Sages recommendation | became asso-
ciated with James r. Keene'
Lamar testif1ed he warned keene when
the latter was buying Union Pacific stock
that the railroad would ruin him to get
revenge for Lamars previous action. He
detailed how when Keene and his asso-
ciates had $43. 100000 Union Pacific, he
a nu 1a af
stocks so that IL. II. Hartman would
/ be compelled to buy Keenes stock at a
high figure. With Keenes approval he
retained Edward Lauterbach's law firm
and paid $4,000
! Lauterbach and Lamar came to Wash
ingtoh, PAID Foraker fee and engaged
him. When the injunction was finally
decided against Keene Union Pacific stock
went down and Keene and his friends lost
most of their fortunes.
AS result of the panic of 1907 y
Lamar said, Hartman, Kuhn, Loeb AZ
Co., the National City bank and Nor
gan & Co. became bound together as
with an iron band For the purpose of
rendering my friend Lauterbach a service
and to restore him to his former friendly
relation with Kuhn, Loeb e. Co., Jacob
Schiff and the Union Pacific officials and
others, in those conversations / did use
the names of other persons. But there
was no suggestion of fee to Mr. Lau-
terbach. On the strength of these tele-
phone messages Judge Lovett came here
and charged that Edward Lauterbach had
| tried to blackmail him.
Paled Into Insignificance
| The Lauterbach incident, he said. paed
into insignificance compared with a sS2-
100000 forgery which he alleged was COM
mitted on the Union Pacihcs books in
| 1910
| He said he did not know who did it
the chairman of the board or the office
| boy may have done it--but he said the
$4,000 600 was the flIlcrum which enabled
| Hartman and Kuhn, Loeb e. Co. to get
hold of the corporation He described
! -~>~~~~~-~~~~~~~>~~~~~~~>
tContinued ON paEe Eieht)