Testifying before the committer to-day, Mr. Lamont said that, in the second year of the European wat. the firm suggested that the British Government might be interested in buying control of the Winchester Arms Ca. The suggestion was made on the grounds that the Wall Street Investment banking firm of Kuhn, Loeb & Ca. had been buying stock of the Winchester company, and that these bankers might 2e unfriendly 10 the Allies because of previous Ger~ /man connections.
The Morgan partners who were at that time in London replied, however, that the purchase was not deble, Mr. Lamont testified.
While Mr. Lamont was making his statements to the committee, the head of the firm, Mr. J. P. Morgan, alternately smoked a cigar and dozed. Yesterday "Mr. Morgan flatly declared that his firm had cast its lot with the Allied Powers because they found that it could not remain impartial in the conflict then raging—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.