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Show BE REFUSED TO ANSWER Lewisohn Has to Appear Again Before Money Trust Committee. Washington, Dec 17 Samuel Un-termyor, Un-termyor, counsel for the house "money trust" investigating committee, was prepared whcuyie committee resumed resum-ed Its hearing "toda'p, fo again take (n i hand Frederick Lewisohn, of the New York barking rlrm of Lewishon Brothers, Broth-ers, who yesterday refused to answer questions concerning profits made in the flotation of stock of the California Califor-nia Petroleum company. Several other witnesses, including a number of "country bankers," were in readiness to go before the com-I com-I mittee. Mr. Lewisohn was not present when the committee convened, and John Aspegren, president of the New York Produce exchange, took the stand Ho said that because the exchange was Incorporated under the laws of New York it sometimes was hampered In Its business. Decides to Answer. When Mr Lewisohn arrived his counsel, coun-sel, Martin Vogel, asked permission to make a statement. He said- "Mr. Lewisohn felt yesterday and still feels that as a matter of propriety pro-priety he should refuse to answer questions as to private matters, such as the profits on the transaction in question But because of the impression impres-sion that has gone forth that he refused re-fused to answer the question because of some ulterior motive, he has decided decid-ed to auswer." Mr. Lewisohn then produced a copy of the syndicate agreement under which Hallgarten &. Co and William Solomon & Co.. as syndicate membors ' handled the stock of the California Petroleum company He also produced I a statement about certain letters that distributed the Interest in the transac Untermyer Plies Leading Questions.' ' "Have you hesitated." said Mr Un- ' 'ternuer. "to tell the committee how, i much o7 this stock Hated on the exchange ex-change was a profit to yourself and your associates Do you regard that as your private business?" "Yes " "But do you think that the public (ought to know how much of a stock listed on the exchnnge represents the profit or the brokers and Inlcrinedl-I Inlcrinedl-I arles and how much represents the real price of the property to tho vendors''' ven-dors''' asked Mr. Untermyer Mr. Lewisohn said he thought such knowledge might benefit the inest-. inest-. in? public. "Don'r ou know that the United i States Is the onjy country in the civ- . illzed world 'where it is not required to make such Information public?" .asked the lawyer. I "I knew that there is such a law ; In ICnglund. I don't know about other oth-er countries." replied Mr lewisohn. He said h1 would favor such a law In the United Suites as benefitting investors. in-vestors. Public Entitled to Know. "Don't von think the Investing public pub-lic Is f-ntitlcd to a price fixed by ialr and o"ci competition In the market instead of a price fixed bv manipulation?" manipula-tion?" "Yes, that Is right." "Can vou .eee any difference between be-tween selling stock by manipulation and selling jowelrv at a mork auction"" auc-tion"" asked Mr. Untermyer. ) Mr. I ewlFolm was not prepared to answer He asked to have read Into the record a statement prepared bv liis ro-'iisol which set forth that the California Petroleum companv wa a holdini company ?nd not engaged in Interstate commerce. |