The Birmingham age-herald., 1917-01-10
NO DIRECT EVIDENCE

1<dWSOU dQil1lttu lildt llc ildd ilO htioWi- edge which would be accepted in court of any broker who was operating on "a 1 leak of any officer of the government who had any Knowledge of "a leak or of anyone connected with the government who traded in stocks during December. Lawson again declined to give the name of the '1eaker'' that he is reported to have given Chairman Henry in confi- dence.
 T have told you that I had no first hand knowledge of the leaker, and now you are trying to get me to give you the name of the leaker,'' said Lawson. Did you mention any name to Mir. Henry as that of the leaker?'' asked Representative. Chperfield. l q did noot.''
 WILL TAKE CONSEQUENCES Lawson declared he would rather take the consequences of being in contempt i than to disclose now the names of the three men a congressman had given him l in confidence.
 There is another name that might be mentioned that would precipitate even more serious consequences" said Law son. But this is not the time nor the place to mention it"
 ton on another motion by Representa- | tive Chiperfield to report Lawson to the
 House for contempt
 | Lawson declared that he hoped for a
 real investigation.
 | If there is drastic investigation" he
 said "it would be more serious for me l not to give the information have than 1 to give it. But I believe it's too serious
 a matter to give it before this commit
 tee has determined what it will do.' 1 Lawson then admitted that he was act
 uated in motive to force federal regula-
 ton of stock exchanges.
 ANSWERS HARRISON 1 You are common stock gambler, are 1 you not?'' asked Representative Harri- son of Mississippi.
 The same as you are" Lawson re- torted. T deal in stocks just as you or ! any other citizen, seeking investment might do.
 q cannot name the cabinet officer
 to whom I have referred" Lawson re- piled to renewed questioning by Rep resentative Harrison. without men 1 tioning officials of high position and | that would be more serious than if l I cast another cloud over the entire Congress and was sent to jail myself l for life.''
 F In response to questions by Repre- sentative Paten, Lawson said he did
 not think the leak got into Wall street through any newspaper men oi 1 from any printed document. He reit-
 erated he would disclose his informa- l ton to committee that had power to summon books and papers for q thorough investigation of the stock ] exchange
 l SABIN TESTIFIES
 Charles H. Sabin, president of thu 1 Guaranty Trust company of New York
 went on the stand at the opening ol
 the afternoon session He testified ht
 was in no way connected with tht
 stock exchange. and said he did no know in what connection he was 1 called.
 "It has been said.' Representative 1 Chiperfield told him. that you called
 the financial writers of New York tt I your bank and outlined to them tha
 you felt it your duty to suggest tt the country that there were to be ne l gotiations for peace and that you fel they would affect the price of stocks | If there was anything of that kint
 suggested, please outliIe it'' l q shall be glad to- said Sabin. 'lr October I said to newspaper men tha | had information that the German government had instructed the Presi
 dent to approach the allies on the sup
 ject of peace"
 ~Did you make any statement in thi'