The Washington times., 1913-07-11
EXPECT TRUE BILL
ON WOLF" LAMAR
Indictment Of Broker by New
York Grand Jury Likely to
Come at Any Time.

Returning of an indictment against
David Lamar. alias Levy, the Wolf Of
Wall Street." is but a matter of a
few days time, according to state
ment today at the Department of JUS
tice. The testimony Is already before
the grand jury in New York Of Lewis
Cass Ledyard. who trapped Lamar
when he was impersonating Congress-
men Palmer and Riordan. Mr.. Led
yards testimony alone will be suffi-
cient for the return Of an Indictment,
in the opinion of the department and OF
Congressman Palmer. 4.
Officially the department has not Yet
been informed of the effort to make
Lamar feel the sting of the law. but
unofficially the department knows that
Ledyard was taken before the grand
jury yesterday afternoon to tell of his
experiences with Lamar. Whether an
indictment viii be aimed at Edward
Lauterbach is not certain as Yet, but
there are intimations from the office
Of the United States district attorney
In New York that such an effort will be
made.
Congressman To Go.
1t was expected that Congressman
Palmer, and possibly also Congressman
Riordan. would go to New York to take
the stand today. but Mr.. Palmer said
this afternoon that he had not been
summoned.
'Iedyard's testimony Is sufficient In
itseLf indid,m Tor the purposes OF obtaining an
had no word that l am to testify to the
grand jury, and neither has Riordan, SO
far as l know
George F. Baker. president Of the
First National Bank. prominent In Wall
Street affairs and one of the directors
nf t,.
Hartford railroad, was one of the wit
nesses examined. today by the New
York grand jury. He was before the
jury for about a half hour.
j. Sergeant Cram, public service COM
missioner, also appeared. 1t Is not
known what prompted the calling Of
Cram. but 1t was rumored that Lamar
had impersonated Cram at some time
in regard to New Haven affairs.
That the Department of Justice has
not had official Information of the
launching Of the attack Is not unusual,
1t was stated In the office of the At
torney General this afternoon. The dis
trict attorney, Snowden Marshall. con-
ferred with the Attorney General before
starting the indictment proceedings, and
Mr.. McReynolds told him to 60 ahead.
II he believed after studying the law
that an indictment would not immedi-
ately be knocked out by the courts on a
According to the Attorney General.
the fact that evidence has been given
before a grand jury means that an in
dictment Is almost certain to be re-
turned. Discussing this case, Mr.. Nc
Reynolds said:
rected by the prosecuting attorney.
Whether an indictment will stick is of
course another question. The point Mr..
Marshall has been studying Is whether
under the law the activities of Lamar
have been such as to make II right 20
wrong to have man indicted when 1t
seems highly likely that the indictment
Will not be sustained"
Some Chance.
Mr.. Marshall has evidently concluded
from his study of the law IN question
that there is some chance at least that
United States Judge will not knock
out the expected indictment.
Mr.. Marshall announced today that
Edward Lauterbach would not be called
before the grand jury. The significance
attaching to this statement lies in the
lact that he would thereby gain i'm
him. the fact of having let him testify
would defeat the Governments own
end. =
DeIOTe the SENATE
Mr.. Marshall Is quoted as saying. My
office does not permit me to discuss
our plans as regards Lauterbach. In
any event We shall not require his tes-
timony."
Ledyard was three hours on the
stand before the grand Jurors. His tes-
timony covered the ground gone over
by him before Senator Overman and his
colleagues. He testified that he had
suspected from the start that some one
was impersonating legislators, and said
he himself had made a record of various
conversations over the telephone with
the person representing himself to be
Congressman Palmer or Cor gressman
Riordan.
Mr.. Ledyard took the notes Of these
conversations before the jury. He then
told how he had trapped Lamar, and
through the quickness OF telephone
exchange operator, had learned that
the call came from a telephone in the
name OF Marie Lamar, wife of 1.-THE
Wolf"
Mr.. Marshall has convinced himself 1t
is plain that Lamar violated section
which provides against impersonation
has been whether Congressmen are
Federal officers or State officers in the
strict legal sense. No court has ever
ruled on the point.
Lamar II convicted will face a fine
of not more than 5000. OF not more
than three years Imprisonment. or
both.