The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-12-02
LEDYARD ON STAND
AT TRIAL OF LAMAR
Tcstifies Concerning Telephone
Talks With "Congrcss-
man p"
JURY QUICKLY OBTAINED

Keen amusement. varvin1 from a play-
full quicker OF his black. curving eye
brows to a hearty chuckle, marked the
demesnor Of David Lamar. alias David H.
Lewis, the so-cslled wolf OF wall
Street" as he listened yesterday 10 the
testimony OF Lewis Cass Ledyard against
him.
1t was the first day before Judge SEES
sions OF Lamar's trial on the charge OF
seeking to defraud J. L. Morgan 60.
and the United States Steel Corporation
By impersonating Congressman \. Mitchell
Palmer aid urging Mr.. Ledyard TO seek
the help OF Edward Lauterbach to pre-
vent an investigation of the Steel Cor
poration.
The selection Of Jurors was accom-
, plished in less than AN hour.
Mr.. Ledyard was placed ON the stand
first but as Representative Palmer was
on hand and was eager To get back -
Washington he was substituted. Mr..
Palmer testified he never had called UP
| Mr. Ledyard hut that Mr.. Ledyard nad
on one occasion called him up and asked
| II he. Mr. Palmer had at any time teie-
/ phoned to him.
I Then the way was clear for Mr.. Led
yards testimony. In beginning he tod
Of his acquaintance OF many years win
the late J L. Morgan. He said he never
had met Lamar face to face until the
summer Of 1918.
Mr. I,edyard testified that when in his
/ office on February 4. 1918, he was told
| Congressman p was on the telephone
! and wished to speak to him He took the
receiver and the man AZ the other end
Of the line asked II he. Lcdyard, knew
/ congressman +" Mr.. LedNard did not
and 1t was necessary Tor the voice to spell
/ the name OF Palmer.
He said" the witness went on, that
he understood that | was fully aware y
| the plans OF my people referring To IN"
! Steel Corporation. but | tod him ! did
| not represent the corporation. lie cN-
planned that he had attended a conference
! OF the Democratic leaders IN Congress ana
/ knew what they were doing In formulating
their policies for the coming Admins
tration.
congressman T." tho witness continued.
then explained that the attacks on the
Morgan interests had come from heiei
on the part OF the controlling members Of
Congress that the Morgan Interests were
defiant. The voice suggested hat n TINS
impression was erroneous, the sooner II
was corrected the better. Mr.. Ledyard
wished to know how the man AT the Other
end ~ ,he telephone got that informal ou
and the voice replied wei, | wouldu''
be likely to get erroneous information from
/ the Speaker himself"
on February the same man called ur
again, the witness testified. and made in
. auiries as to what was The relation he
tween Mr. Lcdyard and the Morgan tirn
, and also the Steel Corporation. Mr. Led
yard told him he possessed 'hcir conn
d,nce 20 a certain degree. Wnereupon the
voice seemed To be perturbed over that OK
hhition Of defiance and suggested tina
Mr.. Lcdyard call in Edward Lauterhac!
and learn all he could from him.
! Then came the story of "tongrcssnlh
, r" telephoning on February \, 1913, say
ing that although he had instructions
from Speaker CLARK, he did not get then
-, IA
Senator Stone had taken the matter ~
with Mr. Lauterbach, and the voice urge'
. Nj. dNarl 10 get into communication
I with MIR Lauterbach AT once.
2 When Mr.. Lauterbach arrived At MI
; Ledyard's home that afternoon, accordini
10 the witness, Mr.. Lauterbach said h
l had been authorized by senator stone Il
act as intermediary between the Morgal
: / firm and the Steel Corporation on on
| / hand and Speaker Clark on the other, MI
9 Lautcrbach said he was authorized 4
I, ! make certain statements. and asked
O Mr. Ledyard mad not talked over the tele
phone with a man whose name need no
e be mentioned When MIR. l.edyard ac
{ cordiug to his testimony, objected /
u Lamar, LauterbaCh said matters could b
= carried on without having Lamar as q
! intermediary and suggested that he be r.
: tanned by j. T. Morgan n 60, on "a fee I
! act for them with the Democratic leaders
Mi Lauterbach Mr.. Ledyard continued
7 said the steel investigation could h
: stopped. but that j. l.. Morgan Il Co. an
= the steel Corporation must agree to Ger
y tain stipulations. Mr.. LedYaId said N
. made notes OF those stipulations and tina
. MIR Lauterbsch dictated parts Of n
: memorandum and approved of H. whe
Il completed and read to him. adding:
: we want To bring Morgan and III
steel people into line
Mr.. Ledyard will continue his tcstimon
at 10 O'Clock this morning.