Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-07-02
PART OF BEAR RAID ON UNION
PACIFIC ISRAILROAD LAWYERS
EXPLANATION OF QUEER TALE

over TIE oregon snort Line anu tHF
oregon Railway h Navigation COM
pany. The items, he said. were car
ried In the consolidated balance
sheets" OF the Union Pacific June
80. 1909. hut between that time and
June 40. 1901. he alleged someone
had erased the tss. .00o. geo item from
the one side OF the ledger. leaving Il
as a credit balance on the other side.
They took all the securities of the
Oregon Short Line and the Oregon
Railway a Navigation company" he
said. "and used them Ns security for
an issue OF bonds. They got that
money and used II 10 finance the deal
for the Northern Pacific and Great
Northern transactions and the nOta-
tion of Great Northern ore properties
which they sold az an enormous prof
IT,"
Later. Lamar alleged. the princi-
pals In the transaction went TO Kuhn
Loeb a Company and secretly got
nearly S2O0. 600. 600 which he believed
was for their own use.
Lamnr testified he used the name
OF Representative Daniel J Rlordan
Of New York. telephonlng to Chair
man Lovett OF the Union Pacific. on
another occasion I.amnr testified he
called up Paul H. Cravnth. of coun-
sci for the Union Pacific. suggesting
I.auterbach would br "a valuable adj
visor.
| On another Occaslun he talked over
the telephone to Lewis Cass Ledyard.
using Representative Palmer's name
and with Maxwell Evarts. using Rep
/ A.
conversations he spoke about Lauter.
hach's services
/ senator Overman insisted that La.
mar testify explicitly whether he
stated in those conversations that
Lauterbuch had influence in Wash
ington with officials. senators or rep
resentatives.
II am inclined 10 believe that IN
my conversation with Mr.. Lcdyard
went very far In that direction on
the affirmative side. returned La
mar.
why did ycu change To Palmors
name instead of sticking 10 RiOr.
dams" demanded senator Nelson.
We'll. Mr. Palmer was very much
In the public eye then az one who
would have great influence at Wash
ington with the incoming Democrat,
administration replied Lamar Il'
added that he did not know Palmer
and had m authority TO use hi
name.
Lamnr said tho late j. P Morgan
opposition tn Iauterhuch Ca2Eed hin
~ telephone Ledyard. using the nam,
Of Representative Palmer To try ane
win his confidence and Try to ind on
who nad ostracized i.auterhach.
II found out II was LedyHrd him
SELF" said Lamar. lie added h'
knew Ledyard had stenogTnpher Ol
} the line making the record OF tn
talk. "a read everything into Il
could" said Lamar. II think I OF
fercd him the entire government.
? may have lett the president out"
) Lamar sent the committee int,
laughter with his story Of how he i'm
personated Palmer. lectured Ledyar'
D because he did not go To- churcn ant
, told him what remarknb bic thing
B Lauterbach could do az WnshiRg
, ton for the Morgan iirm.
! Il told him that the defiant ntti
, tude of the Morgan nrm toward tn
r Democratic administration IN con
b gress had much to do with ,he de
2 cline In the value of Morgan secur
= tsesi continued Lamar. ~ calle
attention 10 the money trust an
= other Investigations and urged NJ
. Ledyard 10 employ Lauterboch,"
4 You were trying to convince Led
o yard that i.auterbach was "a sort {
4 John the Baptist for the Morga
10 ARM suggested senator Nelson
l. That's Il exactly" returned Lama
- Then I called up Mr. Palmef's O
nee m Washington said Lamnr, vii
4, "A smile, "and found he would be
d Bethlehem. Pa. the next Sunda
"a Then / called Mr.. Ledyard ana to
n h.m 20 call Palmer there. / had dor
all ! wanted TO; gotten an interVie
d for Lauterhach with Ledyard and
q didn't want Mr.. Palmer injured.
is wanted 20 clear tue atmosphere al
N prevent . possible scandal for Palr
10 err"
70 The deception was revealed
Palmer ana Ledyard that sunday,
II senator Overman insisted on kno'
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