The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-01-05
TUMULTY IS
MENTIONED IN
RUMORS ON
BIG LEAK"
Rep. Wood Gives Informa.
tion He Received in Letter
From Independent Broker
in New York.
TUMULTY TO APPEAR

WASHINGTON. Jan. 5.-Smolderins
rumors that somebody made money in
the stock market with leak" informa
tion about the sending of President
Wilson's peace note blazed up at a
sensational session Of the House Rules
committee today at its first hearing on
Representative Woods resolution for
investigation.
Specifically declaring he made
charges against no one and was pre-
senting only information that had
come to him Wood brought in the
names of Secretary Tumulty, "a Mr..
Boiling" a brother of President Will
sons wife. whom he did not further
identify; Bernard Baruch. New York
stock operator; Otto H. Kahn, of
Kuhn, Loeb & Company, Thompson.
Mckinnon & Lamson Brothers. Chica-
go: and others in which Woods said
THE Mr.. Boiling" he referred to was
partner
Word Comes in Letter.
Much of his Information Wood said.
came in letter from A. Curtis an in
dependent New York stock broker.
Wood disclaimed intending to give
the impression that he believed that
Mr.. Tumulty or anyone else for that
matter profited by the so-called leak:
SO he was merely stating what had
come to him: that he realized danger
OF making such statements in public
and for that reason he had preferred
to make his statement in secret which
the committee denied.
At the conclusion of today's session
Chairman Henry announced that Sec
retary Tumulty would appear without
subpoena and that subpoenas had been
ordered for Curtis and Baruch.
Shortly before the committee eX.
cused Wood and went into executive
session Chairman Henry, Wood and
various members of the committee en-.
gagged in a heated exchange over bring
ing Secretary Tumulty's name into the
proceedings without consulting him.
DO you charge" Representative
Henry inquired, that Mr.. Tumulty
profited by this socalled advance in
formation"
No Charges Are Made.
mo. do not" Wood replied empha-
tically. Il do not charge that anyone
profited by it. I'm merely telling you
Wudt mas Dceu tOlQ 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 / wanted
to submit these rumors in a private
session." replied Mr.. Wood. 81 do not
know Mr.. Tumulty and therefore did
not want to 60 to him. He might
have been offended at me, a stranger.
approaching him in that way"
Representative Chiperfield of Illi-
nois, objected at this point to Henry'S
line of questioning and general wran-
gle followed, which resulted in Henry
ceasing to interrogate.
Representative Chiperfield then ask
ed Wood if Baruch was contributor
to the Democratic campaign fund.
Made $35,o00 Contribution.
'1 am informed" Wood said, that
he Contributed $4,000 to the Demo
cratic national committee"
Again wrangling broke out afresh.
Democrats objected and Republicans
contended that Baruch's contribution
was a very material fact in the investi.
cation.
'Is there any effort on the part of
anyone pressing this investigation to
retard the efforts of the President to
bring about peace?" demanded Chair
man Henry.
Not that know Of" Wood replied.
When Secretary Tumulty learned
that Representative Wood had men.
toned his name he issued formal
statement demanding public apology
and denying flatly that he even knew
of the Presidents peace note before
it was made public.