The Montgomery advertiser., 1905-11-16
Former Denies Latter's Testimony.
 HYDE REPEATS EVIDENCE
Tells of Things Hartman
 Could Not Remember.
Chairman of Union Pacific Board De- elares that Hyde Approached Him h Regard to Preach
 Ambassadorhip.

New York. Nov. 15.-E. H. Hartman Chairman of the Board of Directors of the Union Pacific Railroad, former mem- 2 Der of the Board of Directors of the Equitable Life Assurance Society and connected with many railroads and financial institutions. the former friend of James Hazen Hyde, against whom the latter charged acts of an unfriendly nature in his testimony yesterday. was one of the chief witnesses before the Armstrong committee on insurance in- vestigation today.
 Mir. Hartman was called immediately after recess and his testimony was a series of denials of charges made by MT. Hyde.
 Contrary to Mir. Hydes statement. MT. Hartman said MT. Hyde came to him about a year ago and asked him to use his influence to have him appoint ed Ambassador to France. MT. Harri- man said he would speak to President Roosevelt when he saw him but added that he did not recommend MT. Hyde for the post.
 Upon MT. Hyde's testimony relative to the settlement of the OdeiI suit be- ing read to him, Mir Hartman denied that he had suggested to MT. Hyde any danger of a repeal of the charter of the Mercantile Trust Company directly or indirectly and stated that Mir. Hyde came to him and asked him to use his influence with Mir. Odell toward set tlement of the suit.
 Mr. Hartman Explains.
 Mir. Hartman explained that he want cd MT. Hyde's individual signature to the syndicate agreement of the $50, 0,000,- 900 Union Pacific pool because no sym dicate wants corporation as a mem- ber.
 rTn s,,.ttAxS 4hs~ Lnna,~o ,k ,.ua. s,aa cult to guard condolences when more than one individual represented the same interest.
 He denied that he ever advised Mir. Hyde to sell his stock until after the report of the Prick committee and said he had offered to subscribe $5o0, 900 to assist Mir. Hyde in retaining his stock.
 Mir. Hartman said the Prick report never mentionesiHhe Union Pacific deal specifically but included it under the general statement that Mir Hyde had committed the Society in unwarrantable transactions without the Knowledge of the committee. MT. Hartman thought it perfectly proper for the Equitable to buy Union Pacific under an agree ment to hold it for five years. He did not know that 1t was MT. Hyde's per sonai money in this deal and always supposed 1t was that of the Equitable.
 'sHe Did Not Remember.
 
 auested that the Executive Committee he not informed of this deal. and when Mir. Hyde's testimony on this point was read to him he replied that He did not remember" ...:..:
 Mir. Hartman said that early in the Equitable troubles he had defended MT. Hyde from attacks and had advised him to move the adoption of the Prick re- port. telling him that he would stand by him through thick and thin.
 Mir. Hyde was the first witness of the day. He told of four offers for his stock besides that of Mir Ryan, to whom he sold. These offers were made by Mir. Prick and MT. Hartman by George Gould, by Gage E. Tarbell representing a syndicate and George W. Young. These were made verbally and the largest was made by Mir. Young former President of the United States Mortgaee and Trust Company who of fered s7000.00O. :s@
 MT. Hyde said he declined all these offers because he did not think it to the best interest of the Society to accept any of them.
 Mir. Ryan made the only offer for the stock after the Prick report. MT, Hyde started to read a statement in reply to the criticism of Superintendent Hen drix on the safe deposit companies con- trol by the Equitable. but 1t was mark
  without its reading being finished This will be considered by the commit tee on its report if it is relevant matter
 Stock Broker TeatIaes.
 Mir. Hyde was excused while George H. Squire. Jr.. stock broker and son of former financial manager of the Equitable Life was called to explain some transactions of his fathers. He told how his firm sold stock Of the Lawyers Title Insurance and Trust Company for his fathers account to the American Deposit and Loan Com pany
 George H. Jenkins. formerly presi- dent of this company was called and said that George H. Squire requested that all of this stock offered by his sons firm be purchased. This was done from time to time and subsequently, sold the Equitable Life at an advance, the profits going to MT. Squire.
 Mir. Hyde was again called and said this was the first he had heard of these transactions. He said in answer to Senator Armstrong that his powers of attorney were always destroyed when he returned from Europe. but that if an obligation should turn up now purport ing to have been made while he was abroad. the situation would be very em barassing.
 Hyde Is Recalled.
 ALLeF MT. fthTTiIIdn StStiAfeu. NH Hyde was called again and asked if he heard Mir. Hartman testify.
 He replied that he re-af1rmed his previous testimony and supplied data about several questions concerning which Mir. Hartman was uncertain.
 Samuel Untermyer counsel for Mir. Hyde, attempted to cross examine MT Hartman. but the committee. after consultation. refused permission whereupou Mir. Untermyer asserted the examinations had been conducted in a disorderly manner.
 Late in the day Mir Hyde threw the room into an uproar by an answer to Assamblyman Rogers. who asked Mir Hyde why Mir. Odell was feared when there was no legislature in session and the Governor was soon to retire Mir Hyde replied that some men are more influential and powerful out of office than In.
 With today's session the examination of both MT. Hyde and Mir Hartman was completed and the next witness who is awaited with much interest Is Mir odelI. who has requested that he be examined.
 Loat On Lawyers.
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