New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-08-25

and uufathfnness DO not understand the meabinF VI
the words Mr. Homanss assertion that ne VIE u"
faithful 10 the Company never" are on par ior
yeracity with calunies which make up the greaor
part OF his card.
The President OF the Company also addressed letter
to the Committee. charging substance, that the scr
vice of other companies above alluded TO was secret IN
known and wifu defiance of the express action OF the
which had years before refused Sr Romans per
mission when solicited by HIN, ana injurious 10
the interests OF the Company that Mr. Romans was
idle and nsttentye his duties devoted to pleasure
and selfish pursuits aud specuatiOns that his sympa-
thes were actively with those who had already begun
and annoy the Company that he was dencient
in skill learning. and TACT dIsingenuous and unreliable
Mr. Winston gave many specifications. and concluded
his letter follows:
may be asked, n all these grievances have existed
long, why for the first time apprised OF
themi Unhappily my want of confidence in the Actu-
AIRY for time past has been no secret Efforts 70
harmonize increasing difficulties have been repeatedly
made. Reluctance TO njure the pecuniary and profess
sona prospects OF associate unless under the over
towering pressure OF a OF duty. has been con-
stany operative to prevent exposure seirespec had
no other reason, has led to refrain from privately
visiting trustees, to insti views into their
minds and TO undermine their confidence In one wlth
whom was officially connected.
"No personal considerations. anything less poten-
tial than peril interests and prosperity Of this
Company, would have led me to take the unwelcome
Of writing thus Of felow-ohicer These ana
kindred reasons have led to refrain from Official &C
ton till moved thereto by my positive convictions OF
duty.
"In conclusion have to say that it Is my deliberate
judgment that Mr. Homanss interests and feelings are
alienated from the Company and the present manage
ment to such extent to make 1t impossible that he
should again work in harmony with either.
:" Very respectfully your obedent servant,
IF s. WINSTON President"
The Committee had this matter in charge for about
thirty days They Saturday, Jan. H. 1871, ad
journed Tuesday, Jan. H. and Wednesday, jan IS
when the Board met Mr. Homans by advice OF the Com
mittee, sent in his resignation.
Willing to extend every consideration to Mr.. Homans
which could with proprety be shown in view Of his long
connection with the Company, temporary ARRANGEMENT
made to the end that he might be enabled to build
up new business for himself and his professional repu
taon might not be irretrievably damaged He was ap
pointed Consulting Actuary during the pleasure Of the
Board at half his previous salary. No service having
required OF him IN that capacity and there being
no prospect his services being again required he
was dropped as above stated
Mr.. Romans now depends for professional employ
ment on the goodwill OF companies, OF which are
active competitors OF the Life, and least
actively hostile. He has made common cause with the
enemies of the institution which took him, mere lad,
into service him by successive degrees to
position OF high trust, remuneration, and honor but
which, although forced remove him by reason OF his
own misconduct, still treated with degree Of con-
sideraon and berality his subsequent acts prove to
have illbestOwed Mr. Ezur Wright PUSHES rashly
to his Defense and by the reiteration OF charge az
false as it is base compels the revelation OF history
which otherwise might have remained hidden under the
cover OF q general denial.
Mr. Wright asks "Who Pays" for the publication OF
facts necessary to disabuse the public mind OF Mr..
Homans's grOundless sandersi His "card" and Mr..
Wrights letter going through the leading news
papers from end OF the country TO the other The
question arises, Who Pays" for these Does any in
tellgent person suppose that Mr.. Romans and Mr..
Wright pay this expense from their pockets re-
peat Mr.. Wright's caption-WhO Paysi
Respectfully, JOHN NJ STUART, Secretary.
He,c- York, Aug. 81, 1873.