The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1917-01-05
TUMULTY IS 7.
LINKED WITH
NOTE LEAK
Representative Wood of Indiana
Tells Rules Committee Hear.
say Evidence 1' !
MRS. WILSON'S BROTHERS
NAME DRAGGED IN ALSO
Presidents Secretary Seen id
Conference With Baruch, q
New York Broker ...i
(Associated Press)

Washing ton, Jan. 1.-The names OF
Joseph P Tumulty, secretary to Pres.
ident Wilson, and Bernard Baruch. .
New York stock market operator.
were linked at the house rules com.
mittee hearing today by Rep. Wood, Of
Indiana, author Of resolution for in.
vestigation Of whether there was
leak" on information OF President
Wilson's peace note.
Hearsay Evidence.
Wood qualities his statement with
the declaration that what information
he had was only hearsay.
Rep. Wood also declared that
Washington brokerage firm. S. H. Con.
molly & Co., of which "Mr. Boiling"
a brother of President Wilson'S wife.
is member, had profited by stock
transactions during the market furry.
Their deals were transacted by the
New York firm Of E. F. Hutton & Coz
Wood said. 24ss
Says 6aruch Was Tipped OH. S'#
81 am informed" Rep. Wood testt.
! fed. that Barney ,Rarnch had .tnfor.
nation about the note Of the European
belligerents two or three days. before
it was sent, and that on two or three
occasions about that time he was in
consultation with Mr.. Tumulty at tha,
Biltmore hotel, in New York" ns6Rs
Rep. Bennett, of New York, mem.
ber of the committee, said on the
house floor Wednesday that 'Baruch
was reported in New York to have
sold short $1,000 shares of steel ON .
rising market shortly before the note
was made public. r.7 .
At the outset of the hearing Repre-
sentative Campbell of Kansas moved
to subpoenae Secretary Lansing, Sec
retary Tumulty, Baruch, and Thomas
w. Lawson. He was prevailed upon
by other members to withdraw his
motion, but said he would make It
again later.
Rep. Wood objected strenu0usly to
tcstifying in public. He said he feared
a public stateemnt would interfere
with the work of obtaining witnesses.
Representatives ChipperReld and
Foster, of Illinois, and Harrison, of
Mississippi. protested against any
star chamber proceeding" and Rep.
Garrett, of Tennessee, who had moved
that the sessions be made executive.
withdrew his motion.
Curtis the lnfOrner.
Chipperfield insisted that as q w.t.
ness, sworn to tell the truth, Wood
should give the committee the id.
vantage of all the information in his
possession. Rep. Wood said most Of
the statements he made were based
on information in letter to him from
A. Curtis, Wall Sstreet broker, and
said he wou Id produce the letter.
Mckinnon Letter. ut,.@tnL
Wood testified he had been inform
ed that on Wednesday, December 20,
which was prior to the publication Of
the note, confidential telegram had
been sent by r. w. McKinnon, oe
Thompson McKinnon, brokers of Chi
cago, to Ralph H. Hartley, manager
of their branch at Oshkosh, Wis.,, I'd.
vising him that the President would
have a message of importance soon
and that he should advise friends and
patrons of his to sell short on stocks.
S. B. Friday, of Oshkosh was named BY
Wood as his informant. .g- ~ as
Indiana Man Gets Tip.
The same day. Wood said. he was
informed that LamsOn Brothers,
branch brokerage Office in Lafayette,
Indiana, also received information
from Chicago that the President was
about to send a peace note"
Il have information ALSO" Repre-.
sentative Wood told the committee,
that an exchange firm here known
as F. A. Connolly & Co., Of whtch
a Mr.. Boiling, brother of the PrO0t-
dents wife, is a member, engaged Il
profitable transactions during the 70.
cent furry. Their dealings on The
Stock Exchange we're made through
Hutton & Company of New York, 70.
puted to be one of the largest sDoc.
ulative concerns in Wall Street.,
Demands Apology.
When Secretary Tumulty learned
that Representative Wood had mon.
toned his name he issued . formal
statement demanding public apol.
ogy and denying fatly. that he eyea
knew Of the presidents peace noto
before it was made public. Secretary
Tumulty's statement follows:
Il am very glad to say publicly that
4 did not know OF the existence oe
the presidents note on peace until
the newspapers were informed.
very frequently the president, Yho
knows that / am b0mbar1ed ~ 03
paper men and othefs f0r 1nD11.
tion, saves me fro0 Gmbafs1ek
(Cootin1oa fro0 - 90