The Washington herald., 1917-01-06
TUMULTY and Boiling
NAMED in Leak PROBE
Rep. Wood Tells House Committee
Rumors Of Wall-Sreet Scandal.
CONTINUED FROM PAGE ONE

no facts which would constitute evidence
and then gave a summary Of reports he
had receeived
He said that Otto II. Kahn, Of Kuhn.
Loeb & Co, had received advance in
formation on the Presidents noto and
advised his friends to go short Of the
market One Of the friends whom hs
advised was q railway president.
He asserted that confidential tele-
gram was sent on December 20 to q
broker in Oshkosh, Wis, stating that q
message was going to be sent bearing
on tho European war.
This message was sent by r. w. Mo-
Kinnon, OF Thompson & McKinnon, Chi
cago, and to Ralph R. Hartley, of osh-
kosh. It advised short selling. He had
been advised by William H. Robertson,
Of Lafayette. Ind, that Lamson & Co.
of that city had received in their branch
office from Chicago q telegram that the
President was sending a most important
communication to the belligerent nations
and advising short selling.
The names OF Secretary Tumuity and
F. n. Boiling came out In a yolley of
questions to Representative Wood. When
asked II ne was able to produce the
dates OF the breakfa ast-table conferences
OF Tumulty and Baruch at the Biltrnore
wood said that he did not carry the dates
in mind, but that his informant mem
toned the conferences without attepnpt-
ing to report the subject matter. Wood
promised to produce the letter for the
committee.
No Politics in II.
Did politics influence your Action In
introducing this resolution" demanded
Representative Garrett.
Il hope not" replied woods'' and I
viii answer no."
One denial which came quickly was
from Otto H. Kahn. He telegraphed:
The statement reported to have been
made befour your committee by Repre-
sentative Wood concerning me is without
the remotest basis of fact. had no idea
OF advance information, direct or in
direct, in connection with the Presidents =
note or the so-caled leak. I have never
sold a share of stock short in my life
nor have I advised anyone to do So
either on this or any other occasion.
Il request to be called before your
committee at orce so that I may con-
tradict under oath the calumny to which
Representative Wood has not hesitated
10 give currency not only without a
shadow of Justification but without the
slightest attempt of ascertaining the
facts"
Mr.. BoIling's Statement.
r. bOlllnBr MTS. wilson S DrOtner,
made the following statement:
TT Is absolutely false that l had any
advance knowledge OF the German peace
note. The first heard OF It was when
a New York correspondent advised US
by wire OF the news II Is true that
1 am connected with F. A. Connolly g.
Co., stock brokers, but I am willing at
any time to allow our books to be in
vestigated Also I am ready at any
time to appear before any investigating
committee. As a matter of fact, We had
advised our clients weeks before the So
called leak happened that the mar
ket was overloaded on Industrial stocks
and advised against their purchase"
The committee will hear B. NJ Baruch
today and also Representative Augustus
p. Gardner, Of Massachusetts. Thomas
W. Lawson viii be examined Monday
Baruch Denies Ii.
New York. January a-B. NJ Baruoh,
a New York broker, mentioned in con-
nection with the peace note leak" sent
tonight the following message to the In
ternational News Service from George
town. 8. C.:
Il received no advance information or
intimation from any source whatsoever
regarding the Presidents peace note
nor did I lunch or confer with Mr. Tu-
nulty at the Biltmore or at any other
place"