Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-01-06
SERVICE BY TICKER
IS NOW UNDER FIRE
Seven Employees Summoned
by the House Com
mittee.
"LEAK Proved" GARDNER

at today's hearing on Representa-
tive Woods resolution for investiga-
tion OF whether there was stock
market leak on President Wilson'S
peace note the trend turned to investi-
CATION of Wall street ticker services
which supply news tips" to brokerage
houses.
Seven men employed by the Wall
Street Journal and Central News OF
America. which furnishes service to an
other Wall street newspaper. Financial
America, were subpoenaed and ordered
to bring their records with them.
Managers of the two telegraph COM
panies also were subpoenaed to bring all
dispatches sent to the two papers by
their Washington correspondents on De-
cember 20. the day of the market crash.
Expect to Locate Leak.
Representative Harrison of the rules
committee declared he believed the So
called leak was through the representa-
tives of those two publications. who had
been informed confidentially by Secre-
tary Lansing that morning that a note
Lansing. however. at time declared the
note did not concern peace and would
not discuss it's contents.
Representative Gardner of Massa-
chusetts put into the record a dispatch
sent out over the Dow-Jones ticker
forecasting a peace note ten hours be-
fore the note was published. He de-
clared that records Of stock market
huctuation at the same time when COM
pared with the ticker dispatches would
prove there was a leak
Mr.. Gardner said he placed both Sec
retary Lansing and Secretary Tumulty
entirely above suspicion.
Mr.. Lansing will appear before the
committee Monday without subpoena.
Mr.. Tumulty also will appear volun-
tarily.
Newspaper Men Summoned.
Subpoenas for seven men were
ordered issued today by the House
rules committee at the outset of to-
days session of the Teak" investiga-
tion.
The men to be called are John Boyle
and Henry E. Eland of the Wall Street
Journal and W. A Crawford, Ernest A
.Knorr. jr.; A L. Geiger. Nelson M.
Shepard and A. NJ. Jameson of Cen
tral News of America, a news service
which supplies information to Finan-
cial America, a Wall street newspaper.
The heads of the bureaus also were
requested to bring the ticker tapes of
their services for from 10 am. through
out the day of December 20, 1915.
The committee wants to learn what
time the Central News and Wall Street
Journal bureaus made public the fact
that note was forthcoming from the
President.
A motion by Representative Camp
bell. republican, to have the New York
and Chicago stock exchanges notify
all their members to preserve their
sale slips of from December 10 to De-
cember % was adopted
Baruch and Kahn to Testify.
Announcement was made by Chair
snan Henry that Bernard NJ. Baruch.
who is declared by the mysterious "A.
Curtis to have profited by the So
called leak. and Otto H. Kahn of Kuhn.
Loeb & Co.. whom Representative
Wood suggested should be called, would
be here Monday to testify.
On motion of Representative Henry.
Mr.. Baruch was ordered to bring
before the committee all of his brokers
commission slips from December 10 to
December %.
Representative Chiperfield Of Illi-
nois. republican. declared at the hear
ing that he understood Thomas W.
Lawson of Boston had been the chief
beneficiary of the falling market which
followed the Presidents peace note
Representative Wood. author of the
inquiry resolution, had been called to
the stand. and a wrangle between re-
been precipitated, when Representative
Harrison, democrat. asked Mr.. Wood
why he had not satisfied himself to the
identity Of the mysterious "a Curtis"
Representative Wood is not the
author of the charges under inquiry
here" protested Mr.. Chiperfield. land
his motives cannot be impugned
think we are losing sight of the fact
that these scandalous charges were
made by Thomas W. Lawson of Bos-
ton, and IL is my understanding that
Nr. Lawson was the chief beneficiary
Of this falling market"
Resolution Preceded Statements.
Representative Harrison. democrat.
called attention to the fact that Woods s
hrst resolution was Introduced before
Lawson had made any statement or
before the letter from "A. Curtis" al
legged New York broker, had been re-
ceived.
The question" Mr.. Chiperf1eld in
sisted. lis whether there was lea
and whether government officials i'm
properly profited by it,"
DO you think there was not n leak p,
asked Representative Campbell of Mr..
Harrison.
Yes" replied Mr.. Harrison: "but 7
think the leak came from the repre-.
sentatives of those two Wall stree,
!. papers or else the leak came back
from foreign centers."
Representative Gardner of Massa-
chusetts. who on the floor of the House
on January said he knew there wa :
a leak and that the whole stock eY.
change transactions showed IL. was
then called to the witness stand.
Convinced of Leak
Representative Gardner testified he
was convinced there had been a leak -