Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-01-06

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peace note was released for publica-
ton and four hours before it had been
placed in the hands of the news agen-
cy, the following dispatch was sent out
over the Dow Jones 4 Co. ticker:
THE renewed selling Of the market
| is due to reports received by brokers
private wires from Washington to the
effect that the administration will in
the near future address to the bellig-
erents some suggestions or proposals
in regard to peace Nothing definite is
obtainable in administration circles"
There is your proof of Leak said
Mr.. Gardner. Miracles don't go OH
the stock exchange and Dow. Jones &
Co. don't deal in prophecies"
Mr.. Gardner added that his attorney
would be here next week and by sub
mitting figures showing the fluctuations
on the stock exchange on Dec. 20, con-
vince the committee that there had
been leak.
Tells Of Drop in Prices.
In his statement to the committee
Representative Gardner also said that
while the Wall Street Journal on Dec.
| 90, stated there will be no peace mani
leSlo lSStSu ny w hSoii, SAAS
New York Evening Sun on that date
reported hints of the sending of such
note in the following terms: THE
Washington advices were bearish, these
saying that President Wilson may ad-
dress the foreign powers on the peace
proposals. .-.
'Where did the Sun get this advance
information?" asked Mr.. Gardner II
think that I see indications of leak
but the absolutely definite visible
watermark of leak is contained in the
ticker record of Dow, Jones & Co.
"The beginning Of the downward ten
dency in the stock market is first ap-
parent between 1915 and Las on Dec.
10. United States Steel, which opened
at 10 o'clock at 1884 and rose as high
as 116H. dropped as low as 109A and
closed at 11e On Dec. 90 opening at
112, it continued its downward course
closing at los. Then the publication OF
the note. On Dec 81 it opened at 1o4k.
showed an upward tendency until al
most noon, then fell. touching its low
est point at 1001s. and closing at 1ol
"My counsel. Judge William X. Oi-
colt, of New York. will present to you
a comparison of the course of prices
on the New York stock exchange side
by side with a statement OF the news
and rumors from Washington. This
comparison presents chain of events
which beyond a peradventure OF a
doubt proves the existence Of leak
Would Begin at White House.
"It seems to me that the right way to
go about the matter IS to find out from
the president whom he talked this
peace note over with and then summon
them and find out If there was any way
in which they might inadvertently have
let the cat out of the bag. Next
should get list of those employees OF
the White House and state department
and Of our embassies abroad who
handled this peace note. I think you
will find that list quite formidable in
length.
Have you any evidence that would
connect any one at the White House
with the leak?" asked Chairman
Henry
"None whatever said 3fr. Gardner
."I have nothing but ANONYMOUS state
merits or letters which are worth moth
ing as evidence"
'TIave you any evidence that would
connect any one at the state depart
ment?"
mo. nor anyone else,' replied Card
ncr II have no evidence that I con-
slider worth the paper it is written on
To serutinze Messages.
Have you heard" Representative
Garrett asked Mr.. Gardner, ''of any one
other than Bernard Baruch being re-
ported to have profited by this So
called leak'?'
NO" Mr.. Gardner replied. But I
have seen a written statement saying |
that he and four others are supposed
to have profted."
A motion by Representative Clipper
field to order the local managers OF
the Western Union and Postal tele-
graph companies to bring all messages
sent to the Wall Street Journal and |
Financial America was adopted.
Representative Gardner said he alb |
solved Secretary Lansing and Secre. |
tary Tumulty Of all suspicion.
Representative Campbell, republican, |
said there was no disposition on the |
part Of the republican minority ia |
make political capital Of the matter. |
but he deplored an effort to shield any |
one connected with the government. I
Defends Government Departments.
Mr.. Harrison resented the suggestion |
that any leak" came from the govern
ment departments, and insisted the |
leak was thru the representatives Of
the stock market papers. He related
how Secretary Lansing, comforting |
with correspondents on Dec. 20, had |
told them in confidence that note
was to be sent to Europe.
Chairman Henry said Secretary Tu-
multy had told him he wanted to ap- |
pear, and Representative Harrison
said he had talked with Secretary
Lansing, and that the secretary ex-
pressed a desire to come before the
committee.
"Mr. Tumuity said to me- said Mr.
Henry. that he would be glad to come
and appear before the committee"
Neither Secretary Lansing nor Mr..
Tumulty has been asked to come. Rep
resentattve Campbell suggested that
the unfortunate circumstances that
have followed each other in quick
sequence" would make it best for both
Mr.. Lansing and Mr.. Tumulty to ap
pear before the committee as early as
possible.
JUDGE THoRNEEL RETIREs.
Gives Up Official Duties in Fifteenth
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