New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-09-22
OF YOUNG DIR. TYING.
wuy HE LEFT THE EQUIrABLEs SERVICE.
r,..epvvro WITH THE OFFICERS ON THE CUES
= .ooyrr~o THE FRENCH SYSTEM.

.r,,v ur LEFT THE EoUITABLE's SERVICE.
p,s.aRrEno WITH THE OFFICERS ON THE CUES
TON or ADOPTING THE FRENCH sfsih"'
III. Raw Dr. Stephen H. Tying jr;. who arrived AZ
Boston from Paris Few Gays aeG y -Yort Hotel.
~sceived many friends YESTERDAY morning az u u;
rooms They called to oo1grauu ascs n AT No So
Ijberty-st in the forenoon, and inc siIeap VI ~
cratnIation was continued there throughout ,ne
oom,,eteIv recovered his health during his solourn
abroad To speaking to TRIBUNE reporter OF us
relations with the Equitable Lie Assurances poS'o,y
aad the branch thereof which he es'aonS"ea J."
Mr.. Alexander. the vice-president of the m,
pany SAID in published letter that nsu 1 for
NV position that the compensation que ilo "a
my unex pired contract and commissl0nIs auO ava ~
and 10 accrue calculated by Mr. hyde ano
and that was paid Beyond the fact t1at Lne pay,
ment was larger than the sum mentioneu az s -,
prlut-$2O. O0O-and that the dissolnt,ofn r;endIv
relations with the company was enUroH "i''
.here Is not much to add" w
"How long had your contract to rum hos q
az went to Paris in June e. d nD,nnaI renewal
for Ave established the branch there ana n ~ now
occnpies an SSOOO00 building IN Kue d9 Npi
, = the tracts ana doing similar work.
travelled all over France. During the TWO yeaars
was there about 81 OF
In further conversation DR.. Tying stated that tne
real source of disagreement between hlmseif ana
the company was that be favored the f5encu sSs c
fam of prosecuting the business In hama, ana ING
comnanv desired to adhere to the American plan.
Briefly statedn he said I" the difference Is thls'
The French companies are all STOCK coinpa ai'
whose stock IS quoted on the pouIse 10. ,rho nos
tor is financial man solely. Ihe man wno H 1ss
The general superintendence oil assurances 70 Uno
Sousd;rector Then there is Chef dc bureau &c
Paris Again France is divided into sections, wnlch
are controlled by a general superintenoeht Iool
dent at Paris and are under tne ,uneu'0 aoents
vision of sub-inspectors. mere arc ssJn.,
but they are not empowered TO conciuG ;'1
pgOtaOnfsh ,t fou ours men do the work Of
one according to our system french peoplo
10 not take kindly to METHODS OF pus.neeS
other than their j speedily saw tnat uuiess
we adopted the foreign method our business wouiu
not be large, and would rather be free. The com.
pang here looking at affairs from New orK poiht
of yew would not listen to me- ana tue nndi tosus
was that | resigned. MIR. HYDE Is now III cnsiRo
cessor will be appointed Mir. Hyde has now Iounu i
ont that NV position was correct, and the faris
Office will probably be reorganized."
What are YOUR plans. DR.. Iyng! -, i.
81 have come out here the representative OF
sevrral French corporations to WIND up anars OF
theirs in this country, which have gone INTO tn9
hands OF receivers on the other side. ms VII
occupy me about a month. Then shall return 10
Conclude the business thus Entrusted to me;
" hether / shall remain in Paris or return here
have not decided. / have made several important
.iO' orh;tion is to open up
French enterprises for American investment, and
thus 10 bind the two countries more closely 10.
gether. While Ihave been away nave nau sol ",S =
Of let-handed connection with the Pans press ana
have done a great deal for Figaro, my OBJECT oelhe
TO do what | could TO disslpate The raiher WIGS,
snread ignorance there touching Americans snu
American affairs Before eit fails nau soH
that would return and make such conneo,onnS
permanent and professional is entirely premature