Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1917-01-12
ADVERSE REPORT ON
WOODS RESOLUTION
PROBABLE, IS REPORT
No Formal Action Takenr but
Members of Committee
Think Call for Investigation
Is Not Warranted

vestigate whether there was stock
market leak on President Wilson's peace
/ note. Many congressman believe the
committee will report against an in
vestigation.
No formal action was taken by the
committee at its executive session.
Members stated, however. that the Wood
resolution probably would be adversely
reported to the house.
whether to recommend specific inves-
+ legation of Lawson's general charges of
stock exchange operations by govern
.rent officials or a broad inquiry into
the stock exchange, IS the question now
| being considered.
The course OF the committee was not
announced. but there have been intima-
cions that a majority felt the examlna-
lion Of Thomas W. Lawson had revealed
nothing 10 warrant an investigation.
Some members contend that if there
! is to be asgeneral investigation of the
New York stock exchange and alleged
operations Of government officials there
on, it should not be ordered on the
| Wood resolution, but on a new one. as
| the Wood resolution directs attention
| only to Lawson's allegations.
Lawson has told the committee that
| he would furnish names and amounts
involving government officials in stock
| transactions if a special inquiry should
be directed by the house.
r. w Boiling, brother-in-law of
President Wilson, and a member Of +.
A. Connolly & Co, Washington brokers,
vas the first witness at today's hear
ing He denied he had anything to do
with a leak"
II have nothing to say" he said, 'ex7
cept that whoever is responsible for
! bringing my name into this Representa-
tive Wood, + believe, might send me an
apology at the same time that he sends
one to Secretary Tumulty."
When did you receive your first in
formation regarding the presidents
note?' Chairman Henry asked.
when l read il in the newspapers"
Mr.. Boiling replied.
Boiling said he had Joined the broker
age firm of f. A. Connolly & Co., Oc-
| tober 16 last He had no previous ex-
perience in the stock brokerage bust
ness.
Did you ever receive from any
source" Representative Garrett asked,
amy intimation of the presidents So
called peace note in advance of its pub
! lication?'
Absolutely not"
ANY other member of your firm re-
ceive such information?"
Absolutely no member had any ad-
vance information"
| The FIRMS dealings on the New York
exchange, Boiling said. were conducted
! through L. F. Hutton & Co
Mr.. Boiling said he was not personally
/ In the market in December just before
publication of the presidents note Dur
| ing those days the firms business, he
| thought, consisted more of selling than
buying.
| Mr.. Boiling was excused by the COM
mittee after a brief examinat ton
w. A. Crawford, head of the local
bureau of the Central News of America
which supplies news to Financial Ameri-
ca. a Wall street publication, was the
next witness.
Crawford read a confidential message
he said he had sent to his New York
office on December 20 saying that a note
was coming. but that, according to Sec
retary Lansing, it was not peace note
nor a move for mediation.
There was absolutely no leak in our
service nor from any of its clients"
said Crawford
Representative Harrison said he had
examined the Central News tapes for
/ December 20 and had found nothing in
dicating tha5 the confidence of Secretary
Lansing had been violated.
Crawford read a statement declaring
that Central News was not the only news
service with financial papers among it's
clients and he thought il fair since it
. had been singled out" i'm the inquiry
/ that this be known. The International
News service, he said he was reliably
informed" served the Dow-Jones com
/ pany and the Associated Press served
/ the New York Journal of Commerce.
! You don't think any of them violat-
/ ed Secretary Lansing's confidence, do
/ you? asked Representative Bennett.
'Ob no" Ora yVf roDlipd
Neither the United Press nor the AS
! sociated Press is connected with any
ticker service, is it?" Representative
| Harrison continued.
NO" Crawford replied
Representative Henry brought out that
Central News had the privilege of a rep
I resentative on the floor of the house
Representative Chiperfield asked Craw-
I ford il his firm in New York in Beaver
B street maintained a wireless station for
/ the purpose Of getting information
Crawford said there was wireless sta
ton but he did not know 20 what extent
+ il was used.
Archibald Jameson, also ss Central
News, told of the conferences in Sec
rotary Lansings office on December 90
at which newspaper men were infRm-
ed that a note would be ready at o'clock
/ for release in morning papers. jamie
son said he telephOned his office, saying
that the president and Secretary Lam
sing were particularly anxious that the
matter be held in strict confidence be-
b cause they wished no leak to get out
that might affect the stock market
''On what did you base that state
ment regarding the injunction against
a leak TO the stock market" asked
/ Representative Harrison.
/ My impression is that Secretary Lam
/ sing said that" said Jameson.
Representative Benroot questioned the
/ witness to show that Secretary Lansing
/ himself had testified he did not have the
\ stock market i'm mind when he talked to
/ the newspaper men.
| Representative Henry asked Jameson
] if he knew whether his confidential mes
/ sage regarding the note was so kept by
/ his employer in New York. Jameson
! said he had been so informed.
Cornelius Ford, the public printer
/ testified that he obtained his first in
/ formation regarding the note from the
newspapers and did not know when il
was being printed in the government
plant. w. i. McEvoy, assistant super
/ intendent of work at the plant. described
/ every step taken in the printing of the
| note and said he was certain there was
/ no Teak" in the government office.
William :. Odlin, of the International
/ News service. testified that his service
! har