Evening star., 1948-01-04

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Mr.. Anderson.
Mr.. Pauley has said that he held
about soc, 900 bushels of grain when
he accepted his Army post in
November, that his holdings are
now down to $4,000 bushels and that
he expects to liquidate them.
Wiping out his holdings in grain.
he told the committee, will cost
him 100000 he might otherwise
have gained had he kept them. He
said he never used inside informa-
ton in his activities.
FBI Scans Account.
Gen. Graham has contended that
he was not aware his brokerage
firm had bought some $4,000 bushels
of wheat for him, and that when
he found he held some, he ordered
Bache IL Co. to sell 1t promptly.
The company has insisted that
Gen. Graham was aware of how his
account was handled.
The Federal Bureau of Investiga-
ton, is has been disclosed, has
looked into Gen. Graham's account
with the company. This informa-
ton was given Senator .Knowland
by william Reid, a partner in Bache
& Co.
Secretary of the Treasury Snyder,
meanwhile, reported to the Senate
committee that six field employees
- 49, Tv,&.rno1 Dax,op,.o R1,rco11
had engaged in some small trading
in corn, wheat and cotton since
July 1, 1916.
Mr.. Snyder submitted this report
ut the request of the committee,
which has called on other Govern
ment agencies as well to list COM
modify transactions by Federal
employees.
Mr.,Snydersnotified the committee
earlier that no Treasury Depart
ment employees In washington had
engaged in any trading.
Employees on List.
The committee did not disclose
the extent OF trading by those on
yesterdays list. Mr.. Snyder's letter
said they had not participated IN
any large scale transactions.
The Internal Revenue Bureau
employees on the list:
Wilford H. Absher, University
City, Mo-; Raymond L. Adams,
agent in charge of the Internal
Revenue Bureau. New York: Charles
r. Gideon, agent in charge OF the
bureau in Tulsa, Okla; Julius A.
Kuzminsky, Chicago; Charlton A.
Pope, Wilmington, N. c. and Duke
C. Trexler, Savannah, Ga.
Representative August H. Andre
sen, Republican of Minnesota,
made ready for one-nan field
investigation of speculation on COM
modify exchanges, with his destl-
nation labeled secret"
Mr.. Andersen, chairman OF a
House committee to probe specula-
ton, told newsmen he is leaving
today on a three or four-day trip
to check personally on leads involv-
ing alleged commodity gambling by
Government employees equipped
with inside information.
Reporters pointed out, in con-
nection with the secrecy angle that
most of Mr.. Andresen's blasts have
been connected with the Chicago
grain marts, but he smiled and
remarked:
There are other cities-and per-
haps other fish in the fire."
Number Of Traders Varied.
Mr.. Anderson sent his master
list" of big traders to Congress and
also made 1t public. The list did
not identify traders beyond name
and city.
The number Of big traders In
wheat futures varied sharply by
months.
For September 30, 1s46. for ex-
ample, there were only II names on
the list. For September 80, 1947,
there were ia names. For Novem-
Der 20, 1947, the list contained lit
names.
Agriculture Department officials
said changing margin requirements
the amount of cash that must be
put up-probably was factor, but