Show WILSONS WILSON'S AIDES NAMED IN HUGE COPPER EXPOSE Profits Made in War Var Metal I Deals House Committee Told By nr Washington Aug AuS' 12 Government Go dealings in copper as a a. purchaser be before be- be I be-I tore fore and durin the tha war var and a seller t il th ing-th- r i ilI lI o f tho- tho following tho v the tho subject subject sub sub- of ot tod today house on ordnance de department department do- do expenditures Total purchases of oC the metal by tho the war department were shown to have ha amounted to nearly all secured from the United d Metal Soiling company which was organized at t the instance of at Bernard M. M Baruch with John D. D Ryan as nS president II huge Profit Alleged Expert accountants employed b by tho the federal trade commission testified that this cOPP copper r had cost the producers who formed the company and who are Arc said to be the I largest rEe t miners In th the United States approximately leasing leaving leas lea ing Ina a profit on the purchase of 50 The selling company compan Itself according according accord accord- In ing to C. C W W. V. V Welsh and Tobias Wolfson Its Ils executive officers made mado nominal profits im In commissions on the sales hales At tho the conclusion of oC the armistice accord according In to to the tho testimony tho the governments government's governments government's gov gov- 0 surplus of or copper amounted to pounds for which it had hall paid 23 3 and 26 G cents a pound A contract was given to the Metal letaJ Selling company compan to sell it back to the producers which was done at nt prices from 15 S to 19 and 20 cents a pound Accountant Ou faD Testifies M. M I. I C. C Wooster chief accountant for forthe the tr trade trado do commission testified that tho the thoa a average crago cost of ot producing copper In iii 1917 as shown b by the tho books of tho ho tholar lar larger arger er producers was cents and In 1918 ll 13 3 cents Mr Ir ooster said that the governments government's govern govern- rn o ments ment's prIce had been fixed Ched to allow the tho he companies with the highest costs to o continue producing and saul that the of lower system had given hen some ome the cost coat corporations cr very large profits |