The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-06-03

ol ln!s p3aTo mas oeen giving its oceed-
Mr.. Ingalls,, and proceeded to make the
accusation definite. He went on to rake
up the Dinkelspiel matter, a twenty-year-
ole, row in the company between ingalls,
and the elder Hyde. Young Hyde's re-
~ ingalls, rose wit a general denial. His
Young man" he said, shaking his finger
at Mr.: Hyde. whom the gods wish to de-
stroy they first make mad!' few minutes
later he left the room, still angry.
Mr.. Frick, when be left the committee
room, said to the newspaper men:
you may say absolutely that have
resigned from the board. I am very
busy man and have no further time to de-
vote to this matter"
He added that it was unnecessary for him
to state his reasons. 1T is. he added.
sufficient that 1 have resigned
HARRIMAN's RAGE.
Mr.. Hartman was in rage when he
left the board room He rushed through
the crowd in the corridor, elbowing bis
way roughly. When asked regarding the
proceedings in the board room, he said:
know nothing about it,"
Mr.. ingalls,, who also left the meeting
before it was concluded, was more OUT
spoken than any of the others. He called
the meeting cat and dog fight and said that
it was packed. He declared that he was
OlSSuSCeQ WIN tDe WpOle dQdu.
"A lovely. row. he said They couldn't
suppress that report. though. ! think
Hyde would give 500 ,Oco to down it,, The
whole thing is a sweeping condemnation Of
the conduct and management Of the COM
pany;; Everything went Hyde's way in the
meeting. 1t was all Hyde
Mr.. ingalls, went at once to the Grand
Central Station and took a o'clock train
for Cincinnati
When the meeting was finally, over for
those who stayed TO the finish Mr.. Hyde
and Mr. Alexander came from the board
room together with one or two Of their
supporters chatting pleasantly. Mr.. Tar
bell also appeared with his face wreathed
in smiles.
What is that emile for?- be repeated in
response to questions by newspaper men.
why. 1t ma kes a fellow smile when a man
like Jacob H. Schiff gets up and says that
you are without spot OF blenish in regard
to the work in the society. That's why
smile"
The afternoon session lasted from 2:3o
o'clock until 5.
These directors attended the meeting:
channcey n 6epsY. j: e Dsplns, Cornelius
a q Kre .a1'e villain Aeixsnder John NJ
f fasFa f i1ss fofssa syfId Rads
Gss}1as. Cage schi raibe,. 's Ns4Vln
II, Hartley Dodge j. D. de navarro. ,BradIsh
Go Sl George &c I. Wilson Thomas + Eckert.
WA b MS19tTe Mas n hsAabnder III C.
THOSE WHO VOTED AGAINST THE REPORT.
Every one of the Equitable officers who
are directors voted against the, report.
All nine persons against whom the COM
mittee preferred charges also voted against
the report. Five of the fourteen votes
cast in Iavor OF the report we're, Of course,
by members Of the Prick committee, Mr..
Prick. Mr. Hartman. Mr. Bliss, Mr.. ingalls,
j. Hill. who we're originally members Of
the committee. but refused to serve, also
probably voted for the report. That ac-
counts for seven Of the fourteen votes.
1t was said last night that the source Of
the alleged Hartman conspiracy to obtain
control Of the Equitable would be found
in the struggle to prevent George j. Gould
from obtaining money. from the Equitable
for. his Western railway deals. Allied
G'h Mt r MaF@ esnrdd ID 1a. sh' 4f ss
representing A. j. Cassatt and the Penn.
sylvania system. This Mr.. Frick denied
when Sun reporter saw him.
HYDE's CHANCE. SAYS LAWYER.
A lawyer who has been active in the
whole trouble had this to say:
Mr.. Hartman and the security manu-
facturers in the board supported Mr.. Hyde
as long as they could make. use Of him.
They had to do SO because the so ciety is
loaded with their bonds, and these must be
supported A hostile management in the
Equitable would break down their market.
Their plan was to keep Mr.. Hyde in control
and to control him by. shutting their eyes
letting him share in their underwriting
profits.
This was easy unit the exposure of Mr..
Hyde by MIR. Alexander and the policy
holders committee opened way to dis
ers conceived the scheme of dumping
Hyde and hesnnirching Alexander and
Tarbell, making that the excuse for oustlpg
all three. Il that could be done, they
would be left in control. Think, of the
and Hyde for being interest ed in the sales
Of bonds to the society, when the society
holds over one hundred millions OF their
securities! They oveTeached this time.
AT last Mr.. Hyde has found Hartman
out. Every one knew he would sooner
or later. but who could have foreseen that
he would realize the truth in time to save
himself and defeat Harriman's schemes
Now Hyde has the one great opportunity
Of his life He is free from the Hartman
influence, and If he is well advised he can
save the Equitable and reestablish him.
self. II he clings to his stock control his
case is hopeless. He would be certain to
lose in the end for the aroused public senti.
ment cannot be long resisted.
If he insists on dominant control through
his stock the Iegisla t,,e vii! make public
Investigation. the one thing most danger.
GUS for him, u he can only see it; but II
Mr.. Hyde would be wise enough to concede
TO the policyholders the right to vote. and
himself propose real mutua lization, l be;
lieve every man who holds policy would
recognize Mr. Hyde as big man after all.
ton to him for the loss Of his stock control.
The salvation Of the society is in his hands
to-day, and ! have an idea that Mr.. Hyde
is big enough 70 recognize and meet the
situation.