The sun., 1891-06-18

New YORK, juno II. 1891.
What purported to be n synopsis OF the cir
culnr statement which Treasurer Theodore
Banta sent to each member Of the Dourd OF
Trustees some years ago, was published yos-
terday morning. Tho statement Is variously
charges that President Beers had boon guilty
OF certain acts alleged p the ssatteimsnt, t m
na ie a:s' sad anons things that
ns sd nSsSF " sss. nSs%SS q The
eorored f BY S' The charges mart lad retarnei 20
ns tns COMPANY % ard not PAID Tor; i mat in IN
ment Of tho company tho slrrius had
decreased to tuch an alarming extent that
w.s only e ~ ,bs and
puny; that Mr.: Beers had psrlnred him sell IN
swearing to false accounts, and TINT he bad
be had appointed a notorious gambler = a
most important agsncv. and several other
%n. sy hnTs ssa
That man nan must either resign or 20 to the
the discussion OF New York Life atYnils. The
company is known as large lender. and oil
recalled Of Tho times not long ago when the
statement Of the company showed that II had
s3O0D.o0O on which to draw. and yet call loans
asoriesd severa! reason. isr ,lAs unusual cor:
ssryatsm In.TraRcc men wers ,.IS MT less @ in n;
"
the oldest agents In the service OF an old line
Snn % e: Es.. NJ. s%p, xh Liz .a ai h
family TOW. This man told o. a method OF
ps 81 M o ssv Ylt & h. thS ss.n sSsi
,"As the tine s9as Gr: Wight x.s az eyam-
1s5 p"ned nc 70 more ,han or. agent For ms, aucs,
an. agent had succeeded IN writing g large
t0hf a lima "A
wsta wa can. NJ Ss spe III H. smth Just nev Better Wait
answer @ he was cut short. and did not know ior
ehTonis es disease caused the Bsctsr's aeIion q q
age. agent Went went to Mr. smith to hsys hi! sxam. am
ined and was told that h" had got his policy.
policy was not his business. When he Demand
ed an exn,anation he aid n not .o get It. #: In one
tion. and then he found that Dr. wricht,s name
was written in ns the nsurinc agent. Nsthor
took too The @ agents commission. (which am ountsd
Bssls Hs hs made S
case although the proof conclusive OF 1t Was
Beers and Or. Wright did not Intimate that
such things are now going on.
William l. s,r4uG at his office. Col.Stronu was
Chairman q ,he Gommt.es Of srpStees sS ThSa .E
I stantialIy What were emhoded1 in GS Banta's cir
culnr 10 the trustees. The committee WHICH
,nrcs z. Bsidwn. nS Johis tian. John stsarns
and Gen. LEM. H. Bristow. Gen Drstow, dc.
s Sst VIE
""T Ihs. ShoIs !hps. :aia , Col. Strong. r "a grow
believe that Mr.. Bnnta Is as honcs, man as
eyer LIVED but that tine he wsi ai think
seleotion Sc Haf ' q Mr.. Wsch to be Second Vice:
lresdsnt Mr.. Banta had been II tho se ., 1!cs e Of /
pointed as It wero over his head,
made by Mr.. nantn most thoroughly; and
s;sn 5SSns ai s f Il MINT
That opinion was unanimous on tbs pnrt OF
the committee. There WAS n o dIyision Of feel
ing whatever. and we so reported 10 tie trus-
Why was i, col 81 ss,r|ons, A TIA: Mr.; DsTts Att.
lhs THs spo The eommtes was @aGs TO % tho
viil ,e,l you just Why, A., A. LA, said before;
SsSn T,'a m ~ a
e. hSs ns had made sSass %
1Rs h. @s s p; nsrs
iarItics. After the cnmmlttec's report was
rnnde we sent for Mr. Bagta end told him that.
thing OF Importance In his statements, they
had no fault to ind with him and desired him
to continue in his Office"
Treasurer Banta was asked last night II he
had anything to sny about the publication OF
his charges against Mr.. Beers or about the
ststemsits which had been made, about him.
self He said that he appreciated the great
Kindness OF the newspapers in offering. him
such nm opportunity, but he was obliged to de-
cllne to avail himself OF II.