The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-04-21
MIDDLE GROWS
WORSE EACH DAY
Convention of Equitable General
Agents Has Adjourned.
MORE LAWYERS EMPLOYED
SENATOR KNOX AND JOSEPH
CHOATE AMONG NUMBER.

Al E,W YORK, April 2O.-After First
Vice President James H. Hyde of
the Equitable Life Assurance So
cisty had informed a committee Of
managing agents this afternoon that it
would be impossible because of pre-
vious enga gements to address them to-
day the agents convention. which had
been in session in this city for three
days, adjourned without delay.
Mr.. Hyde said. however. that ne
would prepare a statement and trans
NIT il TO the committee. covering the
situation as he conceived it.
The invitation to address the agents
followed a call Of a committee on Mr..
Hyde with a request that he resign as
an officer of the company This Mr..
Hyde declined to do i'm an address il
which he said he would consider such
an action unworthy and disgTacefuI to
the memory of my father"
Mr.. Hyde's speech had followed one
by Joseph Doves of Baltimore. chair
man of the agents committee i'm which
Mr.. Bowes rccited that the request for
the resignation was practically unani-
mons.
Executive Committee Met.
These were the developments of the
session which began At the Hotel Savoy
this morning. Permanent Organiza ton
was effected and officers chosen The
executive committee Of the Equitabl-
also met today in President AleXander's
Office. but other than the announcement
that the demand for Mr.. Hyde's reSig-
nation was discussed nothing was given
out.
The committee. on investigation. of
which II. c. Prick is chairman, was
i'm session i'm the course Of the day and
unanimously agreed to employ For
mer United States Attorney General
Knox as counsel.
In connection with legal ends in the
Equitable tangIe today's ANNOUNCE
meut that EIihu Root remains as one
OF Mr. Hyde'S counsel in spite of StO-
Ties To the contrary was interesting.
The retaining of Joseph II. Choate as
one Of the Hyde counsel was also con-
firmed.
Talk of Settlement.
There was some talk tonight of a
settlement of the difficulties between
the Hyde and Alexander parties. but no
confirmation could be secured. Shortly
before the adjournment of the agents
this afternoon this resolution was
unanimously adopted
Whereas As we believe that when
we return to our homes We shall be
in a position TO convince our policy
holders that their cause is being sue
ceSSfully champiOned: and
Whereas. This body is formally com
mitted to naturalization and faithful
administration of the sOciety's affairs;
and
Whereas, Policy holders committees
are being organized in various parts of
the country; therefore. be it
Organization Advised.
Resolved That this body recommend
TO each of its members the necessity.
until his return TO his field. OF organ
pact body who are prepared to demand
and enforce their rights under his
leadership. and that ne Immediately
proceed To organize his agency force
10 act as his EeUtenants i'm cam
paign OF this kind. inviting his policy
holders TO communicates through him
with the oFic-rs and directors Of the
society instead of allowing themselves
Ia be dra wn into organizations not 50
thoroughly equipped for bringing about
what every policy holder Of the society
aTdeHtiy desired
The resolution was introduced by I.
II. HazletOn of Portland. NJ. although
il was admitted by officers of the or
ganiZa ton Of managing agents that he
was not its author. The Identity OF
the author was not revealed. When
questioned tonight about their interpre-
tatiOn Of the resolutions memb rs of
the conference would not admit that
the measure involved a grasp upon the
policy holders throughout the United
States through the general agents and
managers.
Committee Goes to Albany.
The special committee left for SYRIA
cuse tonight TO wait on superintendent
Of Insurance Hendricks tomorrow
From there the committee viii go to
Albany. Later a subcommittee will
be appointed TO remain at the state
capitol and present argum uts direct
ly 10 members OF the legislature. Mem
bers OF the conference today signed
applications for a total of 81 ,0O0, 600 of