Evening capital news. (Boise, Idaho) 1901-1927, 1917-01-31
TELEGRAM TELLING
OF THE PEACE NOTE
SHOWN AT
Flash Sent Out by Hutton
Firm at 1857 p. m. on
Dec. 20 Produced at the
Hearing by Congressional
Committee.

New York, Jan. 81.-E. F. Hutton
head Of brok erage house with cor
respondents in many cities Of the coun-
| try was again a witness today in the
| house rules committee investigation OF
the alleged leak on President Wilson'S
peace note. He produced a telegram
sent at 1887 p. m. on Dec. 20 by his
firm reading: stock flash-rAll--Re-
ports have it that the state department
will issue a statement today intended
to promote peace prospects,"
Hutton insisted his firm attached no
great Importance to the presidents
message regarding it's effect on the
market. Had the firm regarded 1t SER
iously, he said, they certainly would
have sent out emphatic messages
warning customers to liquldate.
WILL CALL ELLIS.
The committee expects to have before
it Friday George A. Ellis, Jr., Of the
Hutton fltm, whose name was signed
to a message at /: 81 giving resume
OF the peace note.
None of the nine partners of the
Hutton firm, said Hutton, dealt in the
market on the information received in
the kilograms. Hutton said he him
self had been short 1000 shares in Utah
Copper and a few shares OF other Sc
curities before Dec. 20, but that he
covered prior to that date at n profit
of $4,000. He did not himself sell on
the strength of the Washington infor-
nation.
coNNELLY COMPANY NOT SHORT.
Connolly g. Co, Hutton said, were on
Dec. 20 short on no stock whatever
What broke the. market" said Hut
ton, was not the peace note, but Ian
sings verge of war statement"
But that was on Dec 23," remarked
Counsel Whipple. "Yes, but that's
what killed the market" replied Hutton.
From Dec. 9 to 80, Hutton said.
clients OF the Connolly firm lost $50, 900
in transactions
F. A. Connolly, Of the brokerage firm
In Washington who furnished the Hut
ton firm information, is expected to
take the stand late in the day. Con-
nelly, on his arrival, denied that his in
formation camo through r. w. Boiling,
the presidents brother in-law and a
member Of his firm. He said that It
was gathered merely from general talk
around Washington.
EVIDENCE OF A LEAK.
From the files Of Wall street brok-
erage house, inquisitors late yesterday
brought to light private and confiden-
tial kilograms regarded in some quar-
ters as definitely indicating that there
was leak" on President Wilson's
recent peace note.
Tho most sensational telegram,
containing a brief but remark ably ac-
curate forecast OF the contents of the
note was sent by e. II. Hutton & Co,
one Of the largest brokerage houses in
the street over Its private wires to
scores of other brokers with whom IT
did business throughout the country,
on the afternoon of Dec. 20, more than
three hours before the first copies Of
the note were handed to newspaper
men by Secretary Lansing.
At the time the Hutton message was
sent, according to the testimony of
Secretary Lansing before the commit
tee in Washington, no one in this
country save persons connected with
the preparation and dispatch OF the
note had as much information regard
ing its contents as the message re-
vealed. The note previously had been
sent abroad in code. Publication of the
note followed transmission of the Hut
ton message to various brokers by
more than 10 hours.
BOILING IN THE FIRM.
Information on which the message
to brokers was based, Edward II. Hut
ton, head of the firm, testified. came
from f. A. Connolly, Of +. A. Connolly
g. Co, Washington brokerage house,
in which X. w. Boiling, Il brother-in
law Of President Wilson. is a partner.
Connolly was declared by Hutton to
be Fastening to New York Tuesday
night to appear before the committee
today.
Hutton testified that his under !
was that Connelly's informa-
ton regarding the note was based on
general rumor. Indicative that other |
brokerage concerns were in possession |
Of similar information. Hutton said, |
was another message he produced |
which Clement Curtis & Co., Of Chi
cago. sent his house prior to Connel-
US first message referring to a
statement to be issued by the state de-
partment INTENDED to promote peace