UNITED STATES.

Taranaki Daily News, 1 February 1917, Page 5

UNITED STATES.

V THE LEAKAGE INQUIRY. !& BROKER'S PROFITS. New York, Jan. 38. At the resumed inquiry into the leakfee of information about President W ; lBon's Note, Mr. Barueh, a leading Wall Street broker, gave evidence that he Piade £IOO,OOO profit late in December. simply because of his foresight in interpreting the »ffccts of the spceehe? cf Herr von Bethmann-Hollweg and Mr? lioyd George on peace. He insisted thav. lie was not aided by leakage of information from Washington. Washington, Jan. 30. Mr. Barueh, well known on Wall Street, testified before a Congressional committee that he had no advance information regarding President Wilson's Note, ant made 476,000 dollars on the Stock Exchange in thirteen days during December. When he read Mr. Lloyd. George's Bpeech in the House of CcmJnonß on December 19, followed b; a rejection of Germany's peace offer with the word "but," Mr. Barueh accepted tin. "but" as a peace tip and sold 28.400 shares in steel short. (Selling.short means that Mr. Barueh ppafted steel shares to go down.) THE PRESIDENT'S NOTE. New York, Jan. 30. Sir. Lewis, the Democratic Whip; Introduced a resolution in the Senate, •That nothing in President Wilson's address implies the abandonment of' the Jf'mroe doctrine or the intention of sending American forces to foreign soil, except in defence of American interests.'' Mr. McCumbcr. a Republican, intrndued the following resolution: "While ti»e Senate does not favor the crushing of any belligerent, it also does not favor p-sce without victory" Mr. Cummings, a Progressive Republican, in a speech in the Senate, declared that if President Wilson's pbr. . was adopted the United States would be constantly engaged in wars in which =hc had no interest, or rebellion against Ihe alien authority which the President so-ght as the world's over-lord. The Senate put on the table ,Mr. Cummings' resolution demanding a deb.itc pn .the President's address. TWO PEACE MOVES POSSIBLE. '' New York, Jan. .10 fhe Washington correspondent of ihe New York World' sayß that the Entente envoys expect the President to make another move towards peace. They consider that there are two pos.iSble courses:—First, he may formally invite an official discussion by the belligerents on the principles of his peace speech; second, he may invite the belligerents to send representatives to confer with the United States with the view of adopting general principles as a basis for an armistice pending th<; ieJual peace treaties.