Daily capital journal. (Salem, Oregon) 1903-1919, 1917-01-06
TICKER REPORTS
SHOW STREET HAD
RELIABLE HUNCH
Published RIInOr -Four Hours
Before Note Was Made
Public
WOOD MADE AN ANCORA
BY ANONYMOUS WRITER
Evidence Points to Financial
Journals As Betrayers Of
Confidence
By j. P. Yoder

Omitted Press staff correspondent
Washington, Jan. Representative
Gardner, Massachusetts, today support
ed his emphatic charge that there was
a leak of advance information to Wall
Street on the presidents note to bel
ligerents, by reading dispatch which
was sent out by the Dow Jones News
Ticker service shortly after 9 o 'elock
Of the afternoon before the note was
released for publication.
Gardner made his declaration and
read the copy OF the news tickers re-
port TO the house rules committee when
1t reconvened to probe the chargs +
Representative Woodr, Indiana, that
some one tipped off Wall Street and
precipitated an unprecedented down
ward price movement on the Now York
Stock Exchange =
Suspicion OF responsibility for = leak
on President Wilson s note to European
belligerepts today practically narrowed
down to financial writers and embas-
sizes attaches abroad.
Subpoenaes were issued for She en-
tire Washington staffs of the Wall
Street Journal and Financial America.
There was a suggestion that the jour
nal of Commerce and New York Conn
mercial representatives will be nlelud-
cd.
The Ticker Reports
Gardner quoted the ticker repart as
follows:
1.-THE renewed selling in the InaHket
il due to a report received by brokers'
Iprivate wires from Washington 10 the
Ieffect that the administration will in
the near future address to the bilhg
erents some suggestion of proposals in
regard to peace. Nothing definite is
obtainable in administration circles.
Mind you, said Gardner, this
statement was made four hours before
the news of the presidents note was
given out. There is your pF0Of of q
leak. Miracles don't 60 ON the stock
exchange Dow Jones and company
are not prophets"
Discussing Secretary Lansing's state-
ment to reporters on the afternoon be-
fore the presidents note was made
public that such communication had
been sent and that newspapermcn we're
being told in confidence and would be
held responsible for the tip, Rep
resentative Harrison declared.
4 Apparently other reporters hept
faith, but the Wall Street Journal aud
Financial America sent out that zip on
their tickers.
Wood Blissfully Ignorant
Representative Wood was recalled to
the stand when the hearing opened
Representative Harrison asked him
why he made no effort to find = A.
Curtis who in letter told him about
alleged conferences of Barueh and
Secretary Tumulty and the rest Of yes
terday $ rumors.
Wood said he had written CuEtis q
letter addressed Wall Street, New
York. 2 but had received no reply.
"Dont you think you should have
made inquiries as to who this A. tur-
It's is2" asked Representative Harri-
son, in view Of the fact that You de-
manded an investigation, insisted upon
It and claimed ii was a question OF
personal privilege2'
Wood rephed that the letter spoke
for itself 2 He said he nnderstood Gur-
It's information was based upon state
ments of others.
ssWith whom did you confer before
introducing the resolutionsf' asked
Harrison, but the question WAS rnied
out as irrelevant.
1t was then that Harrisn made the
flat statement in answer to question:
bys Representative Campbell, Kansas,
that he thought there was leak and
Furthermore, it went through represents
atives Of the financial journals =
II was brought ont that Wood dd
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