The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-12-16
Department of Justice
Orders Inquiry Into
. Many Reports.
CHIEF JUSTICE ACTS
White Asks for Steps on
Information Given by
News Service.
SPECTATORS PROFIT
Tips on Advance Informa-
ton" Are Played on
Stock Exchange.
SPECULAT0RS PROFIT

WASlIlNGTON. Dec. Is. Am
nOunCcmont was made late tonight
by tho department OF justice that
an investigation wns being made or
reports OF alleged leaks" on su-
prone court decisions by which
speculators had attempted to profit
In stock market transactions.
Captain Burke. chief OF tho bureau
OF investigation OF tho department
OF justice. dictated TO newspaper men
the following statement. which also
WAS taken by n stenographer In Mr..
| Burke'A office;
ION November - Mr. Marlin Pew.
manager OF tho International News
Service Of New York. came TO Wash
ington and consulted Chief Justice
white OF. the supreme court In re-
gard to recent alleged leaks In tho
supreme courts docislons. Chief
Justice white then came to Mr..
Ames and asked him 10 investigate
report by Mr.. Pew that a friend
had talked TO him and had said that
ho had been approached by n Mr..
~. ~ Moses. with offices In tho Mum
sey building. Washington. In regard
TO alleged profiting by tips on SUI
premo court decisions.
MIR. Moses was said to have told
Pews friend that hs had advance
information on n supreme court de-
cislon; that IL Pew's friend would
connect him with financial agencies
able to finance tho proposition they
would be able to play tho market
on advance information on the su-
| preme court decision, and that much
money could be made as . result
Al that time, he, Moses, was said to
have mentioned sofne docision that
would DO handed down ~ proof OF
what he could do.
When this was brought 10 Mr..
Ames attention he directed the bu-
reau of Investigation TO institute i'm
mediate inquiry. Moses was said to
have told Pew's friend that he had
been doing business some time, but
ho did not have sufficient funds to
make the profit he might make II
he had financial backing. Tho friend
OF Pew insisted that before he could
get the finances which Mosss de-
sired he would have to he convinced
that advance information on the su-
prcma court decision was absolutely
obtainable lie told him that on No
ycmbcr II the man who furnished
him tNoses) was employed in the
depart rtment of justice In WashriIg
ton. Furthermore, this man was bes
lieved 10 have been with Moses In
Now York sunday. November l6, and
that on Monday morning they went
downtown and played Southern Pa
cific short, closing out when south
ern Pacific dropped three points.
They were said TO have made some
money, but they did not say how
much.
They both stopped at tho Wal
dorf Astoria, but only Moses reg
lstered. and they returned togaAher
10 Washington Monday mighty AZ
that time Southern Pacific was be-
ing played the other way. 80 obvious
ly they had the correct information.
Moses Questioned.
Moses was interrogated today by
Flynn. chief OF tho bureau
~ investigation OF tho department OF
Justice. In New York. Moses denied
10 Flynn that he was getting his In
from an official in the de
Of Justice, as was claimed.
CONTINUED ON PAGE FIVE.