The Irish standard., 1913-07-12
Wall Street Man Tells Senate
Quiz He Is the "viIIain Of
Street."
IS 1.-THE one BAD Man THERE"
Declares "That Al the Rest Of Thorn
Arc Good and nnoeent"-Makss
Statement, but Olives No
Testimony, He says.


the Wall street adventurer. took the
stand again before the senate lobby
investigation committee and in
demonstration of mental gymnastics
attempted to show that his friend Ed
ward Lauterbach was really the VIC
tim Of q conspiracy on Lamar's part TO
bring Lewis Cass Ledyard and his
friends into the Open"
Lamar surprised the committee with
some of his bold statements.
Il am the one villain in Wall street.
l am the one bad man there. and all
the rest Of them are good and limo.
cent" he said, explaining why he had
impersonated Palmer and Rierdan and
why he had sent Lauterbach to Led
yard with a political arrangement"
designed to head OF the Steel trust
litigation.
you can't get gold out Of BRASS"
he said, explaining further his philoso-
ply of life and intimating that he was
brass"
Il realize that my life and character
are at stake here" said Lamar. Il
know that my motives in this case.
however. will be properly construed"
Has Confidence In Committee.
Lamar then told Chairman Over
man and other members Of the COM
mittee that he had perfect confidence
in them and said his purpose in cali
ing attention to an alleged forgery of
$s2, 100000 in the books of the Union
Pacific and his exposition Of the situa.
ton existing between the financial in.
terests and himself and Lauterbach
was to compel these men to recognize
the folly Of their course again Lau-
terbach. II they did not do so, he
hoped to compel them to come out In
the open and display the conspiracy
and the surreptitious statements they
had circulated against us In New Yorh
for years."
part Of this has been accomplish.
ed" he concluded.
Referring to the impersonation Of
Representative D. ]. Rierdan two
years ago, Lamar swore that he told
Charles Steele Of J. P. Morgan & Co.
two days after the conversation that
he had impersonated Rierdan.
There could have been no decep.
ton after that" said Lamar.
Lamar insisted on putting his state.
ment to the committee In argumenta.
tive form, and he was frequently intor.
rupted by Senator Reed.
10 Statement, Not Testimony.
"Mr. Chairman, l protest that this
ia not testimony" he declared. Con
tinuing his statement Lamar said:
1.-TWO years ago Steele knew that 1t
was not Rierdan that he was talking
to, but he knew that 1t was me. l was
always of the opinion that Ledyard
knew that he was not talking with
Palmer"
Lamar said that he wanted to take
Ledyard and his associates into the
open.
II knew Ledyard and his friends,
said Lamar, had ruined many men
through methods Of duplicity. I de.
iiberately and Intentionally prepared
this thing. so that they would have a
case again Lauterbach and would
come out into the open. That Is q
major operation in Wall street pro
ceeding on parallel lines"
Lamar became somewhat hysterical
"Mr. Chairman" he cried, don't you
see what physical strain am labor
ing under? hope you will excuse my
excitement"
Lamar declared that when he i'm
personated Congressman Palmer the
second time his ear was so attuned
to telephone conversation that he
knew when Ledyard cut in with hia
private telephone line.
Lamar Apologies to Body.
Lamar frequently apolosized to
members Of the committee for state
ments rejecting on I-edyard and fol
expressing his own opinions. Senator
Reed demanded that the witness give
facts, and Chairman Overman threat
ened to compel Lamar to leave the
stand II he did not conflne himself to
facts.
81 think I had better STOP" said La
mar.
0pIEc1 Tn II e 0lpI 0MA7