The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-05
LOCKWOOD TURNS
TO NEW PHASES
OF TRUST INQUIRY
Committee Has Already OBJ
tanned % Indictments in
Building EXtOrtiOns.
MATERIAL MEN NEXT
Seven Important Men Are
Sought With SubpGnas
for Examination.
FINANCE PROBE COMING
Banks and Insurance Com
panies Dealing in Mortgage
Loans to Be Investigated.
FINANCE PROBE COMING

With the complete record Of its re-
cent hearings in the hands Of two
grand juries and a corps of specially
appointed prosecutors for action, coun-
sci for the Lockwood Legislative Com
mittee prepared yesterday to direct its
efforts at combinations heretofore un-
mentioned in the public Investigations,
but regarded by them as quite as seri-
Gus a menace to public welfare as any
that have been exposed.
It was learned yesterday that Will
lam A. De Ford, who was Assistant
District Attorney under Charles S.
Whitman and who is serving as spe-
cial assistant in the inquiry, had been
asked to inquire into all of the COM
bines about which much of the work
Of the committee has centred to date
for the purpose Of preparing prosecu-
lions for conspiracy to restrain trade
and arbitrarily fix prices.
IT also was learned that upon the
resumption Of its public hearings
Tuesday the committee will examine
witnesses in regard to an important
phase of the housing situation that as
yet has not been touched upon, and
that within ten days Samuel Inter-
myer, chief counsel for the COMMITTEES,
is expected to take the inquiry to the
financial world, and to call upon per-
sons prominent there to make public
the result of Investigations which al
ready have been made into the busi-
ness Of several banks and insurance
companies supposed to do large busi-
ness in mortgage loans.
All of these phases of the committees
inquiry are to be undertaken with
determination on the part of the in
vestigators to tolerate no interference
or wilfui obstruction of their work, and.
It has been made plain that 1t is theii
purpose to ask indictments of every
one who tries to keep records from COM
ing into their possession or who fails
to answer properly and truthfully ques-
lions put to them.
Yesterday process servers were
searching for seven men. and detectives
were looking for three more. The lat
ter three were named by the November
additional Grand Jury Thursday in SUI
perseding indictments filed against
Robert p. Brindell and for whom bench
warrants were issued. Their names
and the nature of the charges against
them have not been made public.
The seven men whom subpoena servers
have been unable to find and who are
wanted as material witnesses before the
investigating body are said by counsel
for the committee to be John A. Nc
Carthy of John A. Mccarthy & Bro.
and friend and former partner of
Charles +. Murphy of Tammany Hall;
John M. Kilcullen of Bell &c Kilcullen,
John p. Kane of John p. Kane, Inc;
Theodore c. Wood of Theodore C. Wood
& Co., Cornelius A.. Mcclure of the
Burroughs Material Company. Frank L
Wise of Frank e. Wise & Son and Ar
thur d. Hammond. expert accountant.
with the exception of Hammond. all
these men are prominently connected
with the Builders Supply Bureau Of New
York, the Masons Supply Bureau of
Brooklyn, or the Association of Dealers
IN Masons Building Materials. Mcclure
IL vice-president Of the latter association
and chairman of the Masons Supply
Bureau. Wise is president of the asso-
citation. Hammond is wanted to testify
regarding the business of the Builders
Supply Bureau. for which he made
periodic reports.
George Backer, whose trial for per-
fury before the Lockwood committee oc-
cupied the week before Judge Otto A.
Rosalsky. in General Sessions, will re-
sumo the witness stand when the trial
reopens tomorrow and will continue his
story of experiences with Robert r.
Brindell, car of the building trades.
whose name echoes through every part
Of the investigation and who Is under
numerous indictments.
Emory r. Buckner, special deputy At
torney-G General, who is prosecuting
Backer. will have an opportunity to
cross-examine the builder regarding his
story that one Of two persons to whom
he delivered $4,000 In bride money was
Matthew Brindell. Robert p. Brindell's
brother. The trial probably will go to
the jury within the next few days
Members of the committee pointed
yesterday to the fact that to date their
hearings have resulted in twenty-eight
indictments and the amassing of evil
dence for the pilng up OF many more.
Also. they remarked, six court proceed
ings instituted for the purpose of halt
ing their work of investigation have
failed, and combines that were trying to
tie their hands with legal red tape APP
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