The Montgomery advertiser., 1905-12-28
HAMILTON IS
 HEARD FROM He Declines to Make
 Explanations. MCCALL TELLS OF TRIP Went to Paris, But Found
 Out Liltie. Former Insurance Con,missioner I.suis F. Payn Says President Bsrn- ham of the MutusI Reserve
 Is . Crook.

New York. Dec. 27.--Andrew Hau,I1- ton. the legislative agent for the Nevr York Life Insurance Company. whp. according to testimony, has been er trusted with hundreds of thousands oa dollars by the company and has not s.c counted for $265.000 has been heard from by the legislative insurance il,- vestigating committee. but has declined to make an accounting.
 statement by Mir. Hamilton was read today. It was presented by Sec retary John c. Mccall. of the New York Life. who went to Paris to secure m accounting from Hamilton. Tn hfa statement. Hamilton says that ho is unable to produce any books or an- counts because he undertook the leris- lative matters for the life fnsurance companies with the express under- standing that he was to make no ac- counting. Aboslute secrecy was u4- cessary in retaining assistants, there Tore no checks were used in making payments.
 Mir. Hamilton went into an exhaus- tive explanation of the reasons for or ganizing this confidential service. a he characterized 1t, covering his meth ods of work and citing a number If legislative bills In which he had been interested. A list of expenses frnns 1893 to lse4s was appened to the statc- ment.
 Onerm so Give Up s1O0.ooo.
 The sum of $235.Qe0 unacc0unted for. he says, would be greatly reduced by his running account still unsettled and open and as matter of good faith pending a settlement, he offers to de- postte $10o.0e1 with the company Secretary Mccall was auestioned hv MT. Hughes as to what further light he could throw on the statement of MT. Hamilton. but he said he could give no information. He did not ques- tion MT Hamilton's figures. nor the large amounts for traveiing expenaea, He asked Mir. Hamilton for a full atate- ment and relied on his honesty to cx plain everything. He did insist that Mir. Hamilton produce checks or check books. but Mir Hamilton had none When Mr.s Mccall was excused, Hen- ry D. Appleton Of the state insurance department was called. He c0mpleted his testimony begun last Friday and during the examination was told fs,af Mfr Morgan, former president of the Bankers Life Insurance Company, had testified that MT. Appleton had said It would cost tho Bankers Life S50.000 to reincorporate. Mir. Appleton somewhat hcatedly said:
 Calls Morgan Liar.
 If Mir. Morgan said that he is a liar"
 He was called to order by Chairman Armstrong.
 Louis F. Payn, former superinten- dent of insurance of the State of Now York. was called to the stand late in the day and explained a large nuu~ Der of appointments of confidential examiners on the ground that an un- usual number of examinations were made during his tenure of office.
 MT Hughes produced a list which showed that in 1897, two examinations were made in 1898. two more vera made: while in 1899. the last year of Mir Payn's administration, the num- Der had not been brought out when ad- journment was taken.
 The affairs of the Mutual Reserve Life Insurance Company were taken up with the witness and during this line of examination Mir. Payns stated that he had been opposed to MT. Burn- ham as president of the Mutual Re- serve and said that he had tried to sea him out. MT. Hughes asked why ha had tried to get him out and Mir. Payn flatly stated, Because ]. thought him a crook"
 Mr. Payn will resume tomorrow.