The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-01-06
THINK LEAK WAS
MADE BY PAPERS
tContinued from page II

Baruch and Secretary Tumulty. and
the rest of yesterdays rumors.
Wood said he had written Curtis
letter addressed Wall street, New
York" but had received no reply.
Don't you think you should have
made inquiries as to who this A.
Curtis ISL" asked Representative
Harrison, sin view of the fact that
you demanded an Investigation, in
sisted on it. and claimed it was a
question OF personal privilege?
Wood replied that the letter spoke
for itself" He said he understood
Curtis information was based upon
statements of others.
|. with whom did you confer before
introducing the resolutions?" asked
Harrison, but the question was ruled
ont az irreyeiant.
1t was then that Harrison made the
flat statement in answer to ques-
ton by Representative Campbell,
Kansas, that he thought there was,
a leak and furthermore. it went
through representatives OF the finan-
cial journals"
not try to get III personal touch with
Curtis hut had merely written him,
asking him to furnish facts. Wood
said he had received many similar
anonymous letters since the resolu-
lions were introduced.
Ticker Report Shows Leak. .
by ]. P. Yoder, United Press Stan
Correspondent
WASHINGTON, Jan. 6.-Represen-
tative Gardner, Massachusetts,, today
supported his emphatic charge that
there was leak/of advance informa-
ton to Wall street on the presidents
note to belligerents by reading de-
spatch which was sent out by the Dow
Jones news ticker service shortly af-
ter two o'clock of the afternoon before
the note was released for publication.
Gardner made his declaration and
read the copy Of the news ticker's re-
port to the house rules committee
when It reccnyened TO probe the
charges of Representative Wood, In
diana, that someone tipped OFF, Wall
street and precipitated an unpreced-
Lented downward movement on New
York STOCK exchange.
Suspicion for responsibility for a
leak on President Wilson's note to
European belIigerents today practic-
ally narrowed down to financial
writer's and embassie attaches abroad.
Subpoenaes were issued for the en-
tire Washington STATS Of the Wall
street Journal and Financial America.
There was a suggestion that the Jour
nal of Commerce and New York Com
Imercial representatives will be includ-
led.
Gardner quoted the ticker report as
follows:
"The renewed selling in the mar
ket is due to a report received by
brokers' wires from Washington to the
effect that the administration will IN
the near future address to the bellig-
erents some suggestions OF proposals
in regards to peace. Nothing definite
is obtainaple in administration circles"
Mind you" said Gardner, this
statement was made four hours before
the news of the presidents note was
given out There is your proof OF a
leak. Miracles don't go on the stock
exchange. Dow Jones and company
are not prophets"
The Dow Jones story quoted by
Gardner appeared on the company's
ticker in the late afternoon OF Deem
bef 20, after a bear raid on the stock
market had started which carried
prices down to 10 points.
The text of the presidents message
was available for transmission by
press associations and newspapers
shortly before six o'clock and was re-
leased for publication at 1905 a. m.
Thursday, December q.
Wall Street Ready.
NEW YORK, Jan. 6.-Wall street
braced itself for the shock of a pos
sfble government investigation OF the
mote leak" situation today.
But Wall street, on the surface at
least, is unworried.
I'VE are ready and the records are
here" was the general attitude of
stock exchange members in response
to Secretary George W. E1y's order
directing all members to preserve
records of stock transactions from
December 10 to December %.
The streets protestations OF inno-
cence today received added support
in the telegram OF Barney Baruch, one
of the spectators mentioned by Con-
gresham Wood as having been in on
the alleged note leak, denying he had
any knowledge OF it. Baruch added
that he is preparing a detailed state
ment Of his position in the matter.
No formal request was made by the
government for the preservation OF
stock market records, but unofficial
advices caused the action to be taken
anyhow.
Deputy Sergeant at Arms Kenneth
Romney, OF the house. was in Wall
street all day.
Wall street Is inclined to wet blan-
ket the possibility Of serious develop
ments IN the possible house invesuga-
ton because, the stock market men
say, Congressman Wood. based all his
statements and names on the author