Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-01-05

have a message of importance soon
and that he should advise friends and
patrons of his office to sell short on
stocks. s. B. Friday, of Oshkosh, was
named by Wood as his informant.
Early in the afternoon of the same
day, Wood said he was informed. Law
son brothers branch brokerage office
in Lafayette, Ind, also received infor-
nation from Chicago that the Presi-
dent was about to send a peace note"
Representative Wood requested that
Otto Kahn, of Kuhn, Loeb and Com
pany, New York, be subpenaed and
interrogated regarding what advance
information he had, if any, about the
note.
To Ask Brokers For Books
A resolution offered by Mr.. Camp
bell to ask the New York Stock Ex-
change to preserve all it's books and
papers from December 10 to the pres
ent date, and another by Representa-
tive Harrison, of Mississippi to make
the same request of w. B. Hibbs and
Company, and any other brokers in
Washington, were approved by the
committee.
II have information Also" Repre-
sentative Wood told the committee,
that an exchange firm he knew as
f. A. Connolly and Company of which
a Mr.. Boiling, a brother of the Presi-
dents wife, is q member, engaged in
profitable transactions during the re-
cent furry. Their dealings on the
Stock Exchange were made through
Hutton and Company of New York,
reputed to be one of the largest specu-
lative concerns in Wall street."
Ask by Representative Henry for
the source of his information, Mr.
Wood said that most of it came from
Mr.. A. Curtis, a broker and stock
dealer in Wall street."
Information in Letter
who gave you the information
about Barney Maruch and Mr.. Tu-
multy?" Representative Henry asked.
That came from Curtis
Wanted Private Hearing
DO you charge" Chairman Henry
inquired, that Mr.. Tumulty profited
by this so-called advance informa-
ton"
mo, 1 do not" Wood replied en-
phatically. 81 do not charge that any
one proflted by it. 1 am merely tell
ing you what has been told me-"
Don't you think" Henry continued,
that it would have been better for
you to have submitted these reports
to Mr. Tumulty before coming here
and giving them out publicly?"
That is the very reason L wanted
to submit these rumors in a private
session." replied Mr.. Wood.
Il do not know Mr.. Tumulty, and
therefore, | did not want to go to him.
He might have been offended at me, q
stranger, approaching him in that
way"
Representative Chiperfield, of Iln-
nois, objected at this point to Henrys
line of questioning, and a general
wrapgle, which resulted in Henry
ceasing to interrogate, followed.
Baruch Democratic Contributor
Representative Chiperfield then
asked Representative Wood if Baruch
was a contributor to the Democratic
campaign fund
II am informed" Wood said, that
he contributed $4,000 to the Demo-
cratic national committee"
Again wrangIing broke out afresh.
Democrats objected and Republicans
contended that Baruchs contribution
was a very material fact in the inyes-
tigation.
Tumulty Demands Apology
When Secretary Tumulty learned
that Representative Wood had men,
toned his name he issued formal
statement demanding a public apology
and denying flatly that ne even knew
of the Presidents peace note before
1t was made public. Secretary Tu-
multy's statement follows:
IL am very glad to say publicly
that l did not know of the existence
of the Presidents note on peace until
the newspapers were informed.
Very frequently the President, who
knows that l am bomb barded by news
papermen and others for information,
saves me embarrassment by keeping
matters absolutely secret. In fact, 1