Bisbee daily review., 1917-01-31
PR0BERS HIT UPON HOT TRAIL 0F LEAK
Continued From Page One) Boiling Denies All

Boiling Denies All
 Chairman Henry, determined to have Ellis testify, said he probably would be examined next week in Washington. Telegraph operators and others who had to do with the transmission of messages also are to be interrogated. Other members of the Connolly firm also probably will be called. Mir. Boiling already has testified at a Washington hearing that he had nothing to do with Teak" of any kind.
 Mir. Bolling's connection with the Connolly firm was the subject of much interrogation by Mir. Whipple during his examination of Mir. Hut ton, when the broker first took the stand. Hutton told of Connolly call ing on him five or six months ago, in forming him that the firm of F.. Con molly and Company was to be organ ized, with Boiling as one of the part ners, and asking if the Hutton firm would become it's New York cores pendent.
 Hutton said the fact that Boiling was to be a member of the firm had made no impression upon him. He de | nied that Connolly had said anything of an expectation ofs getting high class customers" through Bolling's re lationship to the President. The Con nelly account, he said. however, had been very attractive"
 Whipple then had Hutton produce messages which had gone over the firms private wires during the peace ! period in the stock market and which he had been commanded to bring under subpoena. The first to be read was the Clement, Curtis and Company telegram, marked "Conliden tial." timed 12:43 o'clock eastern time. which was about an hour and a quarter after Secretary Lansing had told the newspaper men in Washing ton that a note was coming from the President
 Here's the Tip
 "I hear that state department will issue statement today regarding econ omic condition European war as af- feoting neutrals," the Clement mes sage said. Intended to promote peace prospects. What do you think of this and how are you on stocks?"
 The next was Hutton's reply to this timed 1:14 D. m., which read:
 Our Washington wire gives us sim liar message to yours. Others have the same information. We put it out as it was more or less generally known. Your message was marked confidential and we treated it so."
 Some time between the receipt O. the Chicago message and Huttons reply to it, the now missing message from Connolly was received, Hutton testified. This was the message ou which he based his message at 1:14 p. m.
 Hutton also produced other com munications his firm had sent it's cor respondents in which reference was made to various Washington situa- tions One of them said it was un- derstOod the Presidents message Of last December 4, the opening day of congress, would be favorable to rail road investments. Another written by Hutton personally said that Wash ington advices" were that increased freight rates probably would be grant ed the railroads.
 While describing the nervous state of the financial district shortly prior to the issuance of the Presidents note, owing to the top heavy specu lative accounts amassed by the pub iic," Hutton gave the committee shock by casually announcing that his firms outstanding loans against mar gined accounts aggregated S2S.000, 900. This condition, he said, was general and was regarded by bankers as dangerous Oyer-extension that might result in a panic. The bankers had begun to call loans, he said with the result that be had issued notice that his firm would not do business except for cash or fifty percent margin, ac-