Evening star., 1917-01-07
HAS NO LEAK FACTS,
SAYST. v. LAWSON
Financier Also Asserts He
Knows of No One Who Has
Personal knowledge.
MENTIONS MEN IN CABINET

Lawson has no personal knowledge OF
any Teak" Of President Wilson's note
or Of Secretary Lansing's explanations
Of the note. Furthermore. he does not
know of anybody who has. And IL any
one who had part in the leak had told
him he would not be skunk enough
to tell the House committee on rules
when he is called before 1t as a witness
Monday
The authority for the foregoing state
ments is Thomas w. Lawson, who in
the course Of q two-hour interview in
caused by the violent break in stocks
Christmas week.
In the course Of this interview the
Boston f1nancier made many statements
involving. among others, two cabinet
officers with q prominent Wall street
stock plunger. and the head Of q trust
company, ambassador and q member of
Wall street banking house. who has
had close business relations with one
Of the cabinet. members In years that
have paused. 49,. $ ~ u ss.y.s,s .
Tried 70 stcp Inquiry, Re esays
All this tho Boston nnancisr declared
ID known to members Of the committee.
He further asserted that influence had
been brought to bear upon the COM
mittee to drop the inquiry at this trime.
the Henry bill to regulate the New
York Stock Exchange was Intended n
an inducement for him to keep quiet.
So far as his testimony before the
committee 10 concerned. Mr.. Lawson
declared that q great deal would de-
n
committee treats him. II he IL permit
ted to testify in his own way and at
such length as he may wish. free from
Interruptions or questions Of any kind
until he is through. he is Of the opinion
that he will be able to give 1t a world
Of information and show how the lid
can be ripped of in forty-eight hours" "
IT,. on the other hand. the commit
tee insists on "the police court meth
ods." he is Of the opinion that 1t will
get little from him.
Like Grand Jury Inquiry.
This investigation that is now on"
said he in opening the interview, ''is
like a grand jury inquiry, which de-
cides whether or not there shall be a
trial. The committee is investigating
to see II 1t shall recommend an inves-
tieation.,
vestigation, they want to take suffi-
cient time to get the facts: that they
can get within forty-eight hours the
names of those responsible for the
dealt in. how many shares were bought
and sold, how much money was made
and who made it,"
This. Mr.. Lawson explained later,
might be done by examining the books
of all the stock exchange houses and
tracing back to the principal the
method followed some years ago in
tracing to James r. Keene the SELL
ing which broke the pool in Hooking
Coal and Iron and incidentally wreck
ed several stock exchange houses
Would Stop Future Leaks.
TT is not so important" he went on
to say, "to find out who is responsible
for the recent leak or who got the
money. That is all water over the dam
My intention is wholly to clear I'D this
situation in such a way as to make i'm.
possible repetition Of what has just
| happened.
This pink plaster" referring to the
summons signed by Champ Clark te
appear and give testimony, gives me a
splendid audience and the opportunit,
! wished to arouse the country to the
| situation.
| things Monday. 1t can let me proceed
in my own way to tell my story with.
out Interruptions or questions ant
make their interruptions afterward. OF
they can handle me in the police court
way II they allow me my own wa,
| they may get somewhere II they In.
sist on the police court way they'll ge,
little"
His story. as he sketched IL today. bu,
not Tor publication in detail. involves
1 ha
stock operator mentioned in confer.
ences in New York hotel. and his ex.
planation OF what led Charles H. Sabir
TO make the peace prediction that LED
70 an earlier break in the stock market
The Lawson explanation of that Incl.
dent is that Sabin was following his
lead In advising that some news OF i'm
portance was imminent
My warning" said he, was printed
IN sh Boston at ai:oa that morning. Mr.