New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-04-06
BRACKETT,S RESOLUTION
Does Not Mean Immediate InUesti-
cation of Equitable.
IBE TELEGRAPH TO THE TRIBuNE.I

tBE TELEGRAPH TO THE TRIBUNE.l
Albany, April 5.-Senator Bracket to-day
succeeded in introducing his resolution calling
for legislative investigation Of the affairs of
the Equitable Assurance Society, but only after
a scene OF unsual tumult and disorder in the
Senate. The resolution, which has been print
ed IN full IN The Tribune. calls for an inYestiga-
ton not essentially different from that now be-
ing conducted on gas. Resolutions at this
stage OF the session can be offered only by
unanimous consent and when Senator Brack-
EFT presented his resolution on Monday night
Senator Grady objected This objection was
renewed yesterday. To-day it was renewed by
Senators McCarren and Coggeshall, and for a
moment the introduction was checked. but SEN
ator Bracket skilfuliy tucked it in on the
strength OF another motion. which was not de-
tected by Senator McCarren, and the resolution
was received.
This provoked storm. Grady, McCarren and
Coggeshall were all on their feet. shouting OBJ
jections and creating disorder They were ever
ruled by Lieutenant Governor Bruce, who re-
ferred the. resolution TO the Finance Committee
No sooner was this reference made than SEN
ator Grady moved to discharge this committee
and give the bill to the Insurance Committee
over which Senator Amber presides. This
brought Raines. Malby and Bracket to their
feet points Of order were raised. dismissed, re-
pLeS5eAs anu there was general Lieu
tenant Governor Bruce finally denied the points
Of order and dismissed the motion to take the
measure away from the Finance Committee
ruling that the law prescribed that committee
must have time to consider a bill before 1t be
discharged from consideration OF II. This thor
oughly enraged Senator Grady. who walked over
to the seat Of the Republican leader, Senator
Raines, and said: II hope you recognize John
that the attitude Bracket is pursuing is going
TO make trouble"
Il can't help that" replied Raines ignoring
the threat
We've been getting along very nicely hereto
FORE" said Grady, as he walked away
The introduction OF this resolution does not
mean legislative investigation and Il is a safe
prophecy that there will be none. On the other
hand there viii not be any six months con-
suIped In the investigation now being conducted
by Insurance Superintendent Hendricks The
work Will be complete well within three months
and the essential details Will be found long be.
fore that The high character OF the Superin-
tendent and his entire freedom from any one of
the influences that might be brought to bear on
such work believed to be guarantees OF a
satisfactory examination.
II Is a fair statement of the attitude of the
various officials Of the State government who
nave IN one way or another been appealed to in
THIS matter, TO describe II as decree for a full
investigation OF the facts, and TO prophesy that
there VIII be no suppression Of these is safe but
that the machinery OF the State government
should be used to aid any of the great financial
interests now doing battle is a proposition not
approved OF anywhere. Great financial inter
ests are at stake, and the possibility Of infinite
assurance and a ramihcation Of disorders in
the business world are to be avoided.