New-York tribune., 1905-11-16

change his testimony conflicting with Mr.. Har-
rman's. but stood to his original testimony.
The testimony this point follows:
o-Did you go to Mr.. Hartman and request him
s,t to bring about if possible settlement Of MI: Mr.
with Mr.. Demng as Mr. Hartman testified
settiement t qS Of Governor odeiis % clsim9 NO
as I have already testified, he suggested It.
meny yesserdays fea ssF No s donS think so
rfF 8r. Hushes@FRat sG ehafFgs rs is ALI h-N0 S'f
Mr. Rosers-Where was this conversation An
was in 'ih his 5'i front private Office or BACK Office
ton at fas his sas SRsF s HD
Mr. Hughes-Did you have any Interview with
Governor Odell at Mr.. Harriman's office? Ayes.
ON Mr. Harrimans presence7 Ale was
o.-Was there anything said at that time about
any attack upon the charter of the Mercantile
IGsst Ws Panyhna ever said by Governor ode
on that point to you or in your nearing! A-No'
o-Or about any proceedings against the Mercan-
tile Trust Company other than legal proceedings? y?
Mr.. Hughes-That is all
Mr.. Untermyer-From whom did the statement
to the attack on the charter? Alt came
from Mr.. Hartman.
Earlier in the day Mr.. Hyde testified to the
fact that he had received offers for his 502 shares
Of Equitable from H. c. Frick from George
J. Gould. and finally from Gage E. Tarbel The
last named had offered S1,000OOO a repre-
sentative of syndicate. The size of this offer
provoked general laugh Fricks offer had been
$5OO0O00. Mr.. Hughes had also traced the
famous Amber Bill showing that it had been
introduced by Assemblyman R. ]. Fish in the
lower house 'by request" The date of this In
PRODUCTION was March 81. 1904. The bill was
referred to the judiciary committees of both
houses and seems to have died there.
The most startling incident of the morning
session was the testimony regarding the pur-
chase sale and repurchase by the Equitable of
stock in the Lawyers Title Insurance Com
pany. The papers in Mr.. Hughes's possession
showed that the Equitable had acquired 2,Ooo
shares of this stock at 1T4 and Immediately
resold LOO to George H. Squire at the sans
price. The books of Williamson & Squire showed
a purchase of shares of this stock for Mr.. Hyde
at price ranging from 3O1 to 80.
Mr.. Hydes memory on this point was entirely
defective. He was out of the country at the
time and did not know by what authority the
purchases were made. This stock presently
made it's way back to the Equitable at price
just about twice that for which it had previously
parted with it. That officers of the Equitable
were buying stock from the Equitable in the
of the American Deposit and Loan Com
pany and reselling it to the Equitable at great
advance a matter Mr.. Hyde had never heard
Of The purchase in his name also amazed him.
He sure, however, that W. H. Mcintyre,
who figured in the deal. did not have his power
of attorney.
There seemed to be record of a number of
such transactions, but Mr.. Hyde could throw no
light upon them. In this talk Mr. Hyde made
a defence of his fathers conduct of Equitable
affairs, and Mr.. Untermyer, his counsel. Sharply
attacked State Superintendent Hendricks for his
references to the elder Hyde in his report
Much comment the absence of Mr.. Mcintyre
was also voiced by all concerned at this time
George H Squire, jr, of the firm of William
son & Squire, then took the stand and test11ed
to the stock purchases and resales mentioned
above. In these Thomas D. Jordan also hgureo
George W Jenkins of the American Loan and
Deposit Company, also testified to more pur-
chases of the Lawyers Title and Insurance
Company stock check for $4,000 in profits
to George H Squire figured in his testimony,
his firm having purchased for Squire Recalled
later Mr. Hyde stuck to his story that the pur-
chases In his name were unknown to him. T. r
Williamson Mr.. Hydes secretary, was unable
to shed any light the affair He could not
even recall IL his name had been USED 10 carry
tvo loans from the American Deposit and Loan
CoupaDy