Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-07-02
LAMAR ADMITS
He USED NAMES
OF congressman
lmpersonated Riordan and
Palmer in Talks With Wall
Street Interests.
PURPOSE WAS TO AID
LAUTERBACH, HE SAYS
Charges Juggling of $4,000, 900
on Books of the Union
Pacific.
CALLED A BEAR ATTACK
Paul d. Cravath in Signed Statement
to Lobby Investigators Re
sents Accusations of
Witness.
PURPOSE WAS TO AID
LAUTERBACH, HE SAYS
CALLED A BEAR ATTACK

David Lamar. Wall street operator
and one time confidante of Russell
Sage. James r. Keane and other finan-
ciers. amazed the Senate lobby COM
mittee today by smilingly and frankly
testifying that 1t was he who imper-
sonated Representatives Palmer and
Riordan in telephone conversations
with Lewis Cass Ledyard. Paul D.
Cravath. Chairman Robert s. Lovett
Of the Union Pacific board and other
prominent flnanciers. telling them that
Edward Lauterbach. a New York law
yer. could do great things for them in
Washington.
Lamar also astonished the committee by
making a detailed charge that the Union
Pacific railroads books had been forged
in 1901 on an item covering $50. .OOO, ,OOO,
and that as one result Kuhn. Loeb Co.
and the late E. II. Hartman had laid
the foundations of gigantic fortunes.
Members of the Senate lobby COM
knittee We're determined when the hear
ings reopened today to hold off the
general inquiry into the charges made
by Martin NJ Mulhan until Mulhall and
ether witnesses appear next Tuesday
The committee had secured possession
bf Mulhalfs letters and papers relat-
ing TO attempts to control legislation.
and had under subpoena also the pa
pers Of officers of the National Asso-
riation of Manufacturers expected to
show an angle of the manufacturers
efforts to defeat "class legislation"
Todays hearing opened. however.
with Wall street lawyers and financial
men in the first line of investigation
While several members of Congress
have requested the opportunity TO re-
ply at once to Mulhalrs charges that
be Influenced" them, the committee
probably will introduce none of the
evidence in the Mulhall case until next
week.
Calder Desires to Testify.
Representative William NJ. Calder of
New York asked permission to testify
hs soon as the committee assembled
4e said his name had been mentioned
IN the Mulhall charges as one of the
congressmen who could be readily
reached" through business. CONNER
tial or sympathetic channels.
II simply ask your committee to re-
ters, kilograms. paper or information
Of any kind that he may have" said
Calder.
I want your committee to make an
Immediate and complete investigation
Of this matter. and to require Mr.. Null
hall to make public anything he has
Il never saw Mr. Mulhall in my life.
would not know him if he entered this
room: I never talked with him and
have never talked with any agent of
the National Association of Manufac-
turers. j have never had any associa-
tion with any representatives of that
preached by them in regard to any
LEGISLATION"
David Lamar Called.
The committee opened up the Wall
street investigation by calling David
lamar
Mr.. Lamar described himself as an Top
orator in stocks" and was allowed by the
committee to make a detailed statement
as to his previous operations in Wall
street. and the source of his connection
with Union Pacific affairs.
During the time the Union Pacific was
In the receivers hands in 1897 Mr. La
mar said he was connected with Rms
sell sage MI Sage authorized him he
said. to take such procedure as was nee
essary 10 compel the Union Pacific to
pay the government S5S.OOOOOO bonds
owing 1t Mr.. Lamar said that he 'en,.
pioyed senator Foraker: that they went
70 Washington and laid matters before
PRESIDENT Mckinley and that President
mckinley approved the effort to collect
100 cents on every dollar the railroad
He told OF subsequent stems IN a.
Union Pacific REORGANIZATION i'm which
ne was associated with Mr. Sage
We were charged with being a nair of
c9nscienceless rbn, .s oiackmaiiers." said Lamar.
put that had no effect on either of ms
Lamar said that In 1901 Mr. Sage re-
tFed from business and that on Sape's
recommendation he, Lamar. then became
associated with James r. Keene
Gave Warning to Keene.
Mr.. Lamar said he warned Mr.. K..rs
"heh ne was buying Union Pacific
stock that the Union Pacific would ruin
i'ih because the road would seek thus
70 get revenge on him, Lamar, for his
activity In the Sage matter
When Keene had bought I'm +o h;u
capacfty." he said. Hartman and otbers
turned on him. although he had a,
nrst encouraged him." and Keepa -
himself facing ruin
Keene then told him to take hold q,
situaIion and do as he thought
sociates had $42.0CO,OOO Of stock said
Lamar. and the latter took steps 70 Sc
cure an Injunction to prevent the vot-
ing OF certain stock, so that Harri-
fnan would be compelled to buy Keene's
stock at a high figure
Lamar said that with Keene's -ap-
proval he went to Edward Lauter-
cdcn law Hrn, gave them retainer
OF $4,000 and ordered them to draw uu
p complaint.
i recommended that Senator Foraker
pc again retained" said Lamar. Lau-
teroach and / came to Washington
saw Foraker. paid him fee and en-
aged him in the case"
The case went before Judge Lurtor
the United States circuit court. La
mar said, and the Injunction was
granted Union Pacific stock soon be-
gan 10 rise under the buying of the
Hartman interests. that Keene re-
used TO sell He held on until the in.
junction suit came on for hearing 7,