The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-07-14
NEW BLOOD. FOR EQUITABLE.
CHOICE FOR DIRECT
ORS TO BE RATIFIED TODAY.
.Jerome Hasn.t-Got Hendricks Testim ony
Yet +ssrip on Win Deputy superln.
/ tendent-Mr. Schin IndOrsed- Depew
: Hasn't Resigned -Iiarriman's Trip.

TO the letter written by George Westng-
house expressing confidence in his honesty
( of purpose in Equitable affairs, similar
letter from the two other trustees of the
,Equitahles majority stock; Grover Glove
land and Justice Morgan J. O'Brien. Ac-
scordng to friend Of Mr.. Schiff, the letter
Esigned jointly by Mr.. Cleveland and Justice
sOB rien Is very commendatory of MIR.
'Schif. 1t was written, 1t was declared,
to supplement the letter from Westing-
house Both letters, it was said. were
written by the trustees after the appearance
,of the testimony in the Hendricks investi-
cation Mr.. Schiff himself refused even
to discuss the letters.
Chairman Paul Morton denied yesterday
that the resignation Of Senator Cnauncey
M. Depew as a director Of the society was
in his hands. Mr.. Depew was quoted
In cable dispatches from Paris az having
announced that he had placed his resigna-
ton in Mr.. Morton's hands before sailing
for Europe Mr.. Morton said:
1T is true that the day before sailing
Mr.. Depew saw me and said that If l wanted
to cut of his retainer or accept his resigna-
ton was at liberty to do so. was very
busy at the time and did not pay much
attention to the statement. i did not re-
,gard the informal statement of the Senator
las a resignation, and have not as yet re-
ceived his formal or written resignation
When asked whether he would demand
Mr.. Depew's resignation or wait until it was
fled formally, Mr.. Morton replied:
"In regard to that have nothing to say
at present
A meeting Of the Equitable's board Of d.
rectors has been called for II o'clock this
morning to act on the candidates selected
for the directorate by the trustees. There
are now nineteen vacant places on the
board and it is likely that the greater NUM-
Der Of these will he filled to-day. The
trustees have announced that they would
leave few places open for while longer.
The candidates were selected by the trus-
tees at their meeting at the Hotel Bucking-
ham In the earlier part of the week. but no
intimation has been given of the identity
of the men.
1t is expected also that Chairman Morton
may have some important announcements
to make to-day regarding the reorganiza-
.tion of the society. Among other things
the reorganization OF the executive com
'mittee, under the provisions that have al
ready been made regarding 1t by which
1t will be reduced from twelve to seven in
membership will probably be taken up.
There was a conference yesterday be-
tween Thomas F. Ryan and his lawyers
and MIR. Morton, nut nothing was gwen
out regarding it.
Edward H, Hartman is to leave. within a
few days, 1t was said yesterday, for a six
months tour of Japan. The Wall Street
Journal commenting on Mr.. Harrimans
departure, said last night:
director of the Equitable Life. lie was
one of the directors who were qualified by
Gl Hs rssd "n the
sion OF the rejection OF the FIR ck report. III
Testimony s wanted to complete the records
Society's interest in the Union Pacific prefer
red syn,dcdnts 1t may be that he cannot n be
give evidence as he Is no longer a director OF
the society. 1t is evident. however, that In this
matter such techinal considerations are of
calities Of any kind. Mr.; Hartman doubt.
less expects to continue the occupation OF
must surely see that to stand upon techin-
calities in this affair at this time Is practically
to confess wrongdoing.
Before he goes he should state clearly and in
detail all he knows about such matters in
CONNECTED with, and especially about the
Union Pacific preferred syndicate.
In other words, Mr.. Hartman should have
e further opportunity to yowl 'Bow-Bow-
District Attorney Jerome tried all day
yesterday to get from Robert w. Hunter.
Deputy Superintendent of Insurance, the
evidence taken by Supt. Hendricks in the
Equitable investigation, but when he left
it. Mr.. jerome got letter from Mr.. Hun
Hendricks had cent him, Hunter, a copy
of the testimony -and requests me to say
to you that 1t is accessible and at your com
mand.'
Mr.. Jerome sent Assistant District At
torney Turnbull to Mr.. Hunters Office at
II Broadway to get the evidence. but Mr..
Hunter asked him to sign a statement
showing that the evidence was property
of the Superintendent of Insurance and
that it would be returned in a reason
able time and when asked for. There
upon Mr.. jerome wrote letter to Mr..
Hunter, and Assistant District Attorney
office, but by that time Mr.. Hunter had gone
home, and no one would assume the re-
'sponsibility of turning over the evidence.
Mr.. Jerome said
done everything in his power to get the
evidence for me- Says Jerome to Hunter:
This afternoon, despatch quotes the
mony Why ddn he ak for IL lie hns
never asked for copy of the testimony, not,
q least. from me- neithsT at the New York
ment. II he has ever asked for it We have
not received any such request"
"A copy Of this testimony was in the hands
Of the Acknowledgement some days since
a copy Of this testimony, apparently found
its way into the hands OF the New York World
and was in large part published by that
journal. infer from the well known custom
Of typewritng that more than one copy Of
the Testimony was made. 1t Is at least The
custom in my office to have three copies
made, One copy seems to be In the hands
of the Attorney General. one, copy is evil
IDENTIFY in the possession OF the New York
World. and your letter informs me that there
Is copy in your possession. which l sup
pose accounts for the three copies originally |
made.
This morning sent my assistant, Mr..
Turnbul, to you. in view of your letter to |
me. TO ask that be given a copy, as promised |
by the Governor in his letter OF June 2sth, |
he there saying Il have asked the Super |
intendent OF Insurance to send you a Copy |
of the testimony In the matter of the Eaui- |
table society, which he has promised to do
sistant. MIR. Turnbull. Informs me in sub
stance that YOU said yon would deliver a |
copy to me if would give YOU something |
over my sGnaturc to show that the cory
Insurance. and would in addition state thst
I would return II within reasonable time
and when called for.
1t is always the habit of this ONCE to re- |