| Show UTY I M UI B LA M ED I N I I t i n r Jr c 1 I I r i f J l ft h J MRS WILSONS WILSON'S S BROTHER J. J 1 1 PROFITS Ut BY N VS SAYS SAt wu WOO O I Information on Note to Europe in Hands Handi q of Brokerage Firms Three Days Before It Wa W Sent Speaker Tells House Hous Rules Committee j Says Presidents President's s Secretary Was in Conference With Witha a New York Stock Market Operator Op aJ 1 J fi By IRy fly SI Pru U 0 Ib Jan 5 The L The names of Joseph P 1 WASHINGTON V I V secret secretary ry of Pr President Wilson Vilson and Bernard B Baruch a Ta I d eu t York stock market operator were linked at the house rules rufe t com committee ih 1 hearing today by Representative Wood of Indiana author author f if of the resolution for investigation of whether there was was' a Jc leak J on information of President Wilsons Wilson's peace note Wood qualified his statement with a declaration that thai W I information he lie had was only hearsay I Representative tive Wood also declared that that a V Washington brokerage broker broker- To r- r age firm F p. p H 11 H- H Connolly Conn l y Co of which a t Mr Mr Boiling t tf f a I brother of Df President Wilson's Wilsons wife is IS a member r. r had had stock transactions during the market et flurry Their d deals ls W were transacted by the th New York firm of E. E F. F Hutton Co Wood s id I HI 1 am informed Representative Wood testified that Barney arn y Baruch had information abo about t the note to the European belligerents two or three days before it was as sent and that on oh Iwo llo or or- three occasions about that time he was in consultation cons with Mr at the Baltimore hotel in New York Representative Bennet of New York a a. member of th the tOm c CO said on the floor Wednesday that Baruch was reported jn lIt New New York ork to have fla ve sold short I shares of Steel on n a rising market market market mar mar- ket shortly shortt before the note was made c public I. I At the outset 0 0 of the hearing hearin Representative Rep Rep- re Campbell of or Kansas ansas I moved to subpoena Secretary LanI Lansing Lan Lan- I 1 sing sing- Secretary Secreta Tumult Baruch and Thomas Y Wv We Lawson La He was os prevailed pre pre- pre pre- 1 upon by other members members' to toT T t his ni motion Uon b but but- said h he heI 1 I f would mak ft fl gain again later L L Representative Wood V objected O OI testifying 11 In public al and said said most mo t of I I I the the statements lie mader II- II e ee were e based I on information in a letter to 0 mm him from A A. Curtis a Wall street broker He I did not have the letter with him but I Isaid said he lie would produce it later What information he had regarding t the e so called leak he lie said was only I hearsay and aud he feared that a public statement slat ment would interfere with the thc work of f the committee in obtaining I witnesses TELLS OF MESSAGE Wood testified he had been heen Informed informed in lu- II formed that on Wednesday ar December Decem Decent ber 20 which was prior to the publication pub pub- confidential tel tel- of oC the note a had hat been sent b by R. R W. W Me- Me tel tel-I Kinnon of oC Thompson McKinnon brokers of Chicago to Ralph R lph H. H Hartley Hart lIart 1 Icy ley 1 C manager of ot their branch at Osh Osh- Oshkosh kosh Wis Vis advising him hint that the i would have a message ol or I importance soon and that he lie should advise friends and patrons of his hits of or- office orrice rice lice to sell short on stocks S. S B. B i Friday of ot Oshkosh was as named by byWood byWood by Wood a as his hits informant Early in the afternoon of or the thc same santo sameI cIa day Wood Tood said he lie was informed that Lamson Lainson Bros branch brokerage office orI of or- fice flee in Lafayette Ind md also received Information Chicago that the Ule president was about to send a peace note Representative Wool Wood requested that Otto Kuhn of Kuhn Loeb C Co NewYork New NewYork York be subpoenaed and amI interrogated gated regarding what advance information in ini formation he lie had if it any ab about ut the theno i no note to A resolution to ask the Now New York YorkI stock exchange to lo preserve c all it its books and papers front from December 10 tp to the present date late and another to tomake tomake tomake make the same sante request of W. W B. B B Hibbs CO Co and an any other brokers In Washington were approved by the committee WARNS BOLLING I have Information also Representative Representative Wood told the committee that an exchange firm here known as F F. A. A Connolly Connally Co of which a aI Mr Boiling Bolling a brother of the presidents presidents president's dents dent's wife is a member engaged in profitable transactions during luring the recent recent recent re re- re- re cent flurr flurry Their dealings on the stock exchange were made through Hutton Co of ot New York reputed to be he one of ot the largest speculative concerns in Wall Vall street Asked b by Representative Henr Henry for forthe forthe the source of or hiL information Mr lr Wood said that of ot it came from Mr 11 A A. Curtis a broker and stock dealer in Wall street Who Vho Rave gave YOU vou the tho information about Barney Barno Baruch and Mr Tumult Tu Tu- Tu- Tu Henr asked v V Representative Henry That Thai came from front Curtis Did you 1 0 see him and where No o I never saw him hint Mr Wood replied It canic came canie to La mo me in a letter COMMON RUMOR F Asked sl for the letter the tue congressman congress congress- man mall said he did not have It with him but would get it later hater Where did hid you OU get set your Information information tion about tho the Connolly Connally firm rn and the Mr Boiling you YO spoke of oc That has been a common rumor prevalent for several days said Representative Rep e Wood I learned from I several se sources but dont don't remember Just Jus t where You certainly must have haye received It from someone someone- I Yes es hut but I dont don't think I can an recall just who told me rue that I heard it many times limes I J haven't taken the thc names aames of all persons who gave mc me in formation Here Herc Representative Wood inter inter- the questioning to say sar I have hac said and I wish to say saya a ahl at this title time that I have baye mado I 1 I I I I 1 I I i I r I I I I I I I I r r M i and am making no Charge again 5 t V anyone anone I am merely giving you Iris r formation r natio I have ie received elv t x- x J FOR rIO NA-rIO NATIONAL AL DE DEFENSE EN I JL Jat f What hat public position harf haR ia asked d Re Representative q Canin- Canin 1 bell ranking nep cal oH I I II rDo r 1 z l r t tC ona I Do you h have v 1 1 rati in C oNI e- e iW I tween Mr ari an mid ec the hotetZ hotel S 1 I Campbell u l t l I dont don't r hut Ut ul it iC u uin in iii this thiis letter from Curtis In these conferences between Tu t I and Baruch what is meant t b be bp implied b by tl Word conference 1 asked Representative Garrett Garretta iDem aDem Dom member of the c committee Only that the they were seen talking t to together ether and registered together said Wood or Of course you have havi no Information tion talked b ut as to what they No Xo L I have not not Referring to the inclusion in his resolution of reference to Thomas W V. Lawsons Lawson's telegram hinting hinting- that members members mem mem- I bers of oC congress sought to dod dodge an in I Representative Garrett Garrott asked if tr Wood han had any information in ani aniwa any anyway wa way indicating that 1 members of or the Iho house were involved lu in the leak transactions I have no h information 1 whatever involving the name of au any m member of ot the house Wood replied I know w wor of or no member or of the house being mixed up in this stock crash CAME AS RUMOR I 1 understood you vou to say that a a- firm firmin in Washington known as Connolly Co profited profiled by alleged transactions Representative Represent tive Garrett continued contin Can you ou state where you O g got t ln formation 7 No o more than titan that thal it was com com- nion lUon rumor UJ Is Js there ther anyone you ou know who hi might he be subpoenaed In in this conn connection c- c tion No Xo one except Hutton Co Co CoY In response c to further r questioning Wood said Raid he understood Hutton Hulton Co oo were the New York rop representatives tives of Connolly k ColWood Co Col Wood said he lie had not Lansing Lansing- as to a r reported Dor d leak Jcak of oC the presidents president's note cither b forG or or after offer he lie introduced his resolution Mr Wood also atso said he lie had other iu- iu formation and had sent a number of or letters and telegrams to various persons per per- perI perSons persons per per- I sons inquiring about it Representative Harrison of l Mississippi sippi pi suggested that the should give gl dates of of the note and anet other details Mr l Wood replied that the on oil the stock market came or Ir rather r culminated on en Thursday December r 21 and that the peace message had I been for publication by life tho Associated tea Press at 1205 05 o'clock that morning for morning paper of of tha that dav dat Representative Harrison tried to bring o out l that in the forty forty forty-el forty eight ht hours between the time the the nolo nots I Iwa wa was forwarded and and published in Information information in In- formation regarding it could rould have come back bach from the foreign DoWAn pow rs t to o some sonic of or embassies here Mr MI Wood Vonti said ha he hart halt heard beard some Bomo I intimation inti tj mation to that effect efred but could n not t tsa say sa who ho told him bini Te also said Raid b he 1 had heard an Intimation tint HInt the thie cur fer man embassy y in this bad I ba l gotten got sol ten loll that Information back here DUTIES TO GET TIPS Mr Harrison J referred to Secretary Se r ry Lansing's cont conference with newspaper men nen on tho morning of ot December 20 ind suggested that at the tho conference hero thero were representatives of the tho Wallstreet Wan Wall street and Financial America resent at Rt that conference and that heir their duties to get nil alt tips tip that would affect the stock tock market He lie that these HSC Journals ar are main main- b by stock broker brokers and suggested It t might have haYe bc been en that those financial ld ep sent nt telegrams to fh o of oC ices ficK anti ami that th t was wan C ha A way way-I th In got ot out ln sIr Wood replied be tie not n t know p f |
