The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1905-12-28
ANDY WON'T TELL
WHERECASH WENT
Absolute Secrecy Necessary 10
Retaining Assistants
JEROME PROBING DEEP
INTO THE RUG CIRCUMSTANCES
PAYNE OPPOSED RuRNHAM
sf BECAUSE HE THOUGHT
HIM A CROOK"

e ! 4F y
New York Dec. 27.--Andrew Haniil.
ton, the legi slatiye agent Of the New
York Life. who, according 10 Iesti-
-nonys had been entrusted with hun
ireus Of thousands of dollars By tlfa
company and has not accounted for
s235.0OQ has been heard from BY the
legislative insurance investigating
committee, but has declined 10 make
IN accounting.
A statement by Haniltons was read
g1r the record today. II was presented
ity Secretary Mccall. OF the New York
life, who went ID Paris TO secure an
accounting from HamIItcn . Ii !, his
tatement Hamilton says he Is unable
o produce any boots or accounts be-
1ause he undertook Legislative mai,
ers for life insurance companies with
he expressed understanding that he
vas to make no accounting. Absolute
secrecy was necessary in retaining as
istants, therefore no cheeks were
Used Iii making payments
Hamilton went Into an exhaustive
explanation OF the reasons for or
.anlzing this confidential service. as
ne characterized 1t, covering his
methods Of work and citing q number
Il lagiSla bills in which he had
naan Interested. A list OF expenses
rom 1899 to 1904 was appended TO
he statement. The sum Of $2S6.o0O
snaecounted for, he says. would bc
realty reduced by his running ac-
,oi,nt still unsettled and open. and,
ssa matter OF good faith pending set
lement. he offers to deposit $1,000
100 with the company.
Secretary Mccall was questioned as
| d what further silnht m sss.ssaA throw
II Hamilton's statement but nt' suiu
| ae could give no information He did
| ,ot auestion Hamilton's figures nor
| ne large amounts for travelling ex-
1 ,enses. He asked Hamilton fer 9 fuii
statement and relied ON his honesty
explain everything He Old Insist
hat Hamilton produce the checks Or
,heck books but Hamilton said ne had
| 1one.
When Mccall was excuesd Henry
)appleton Of the state Insurance de'
,aytment was called. During the ex'
animation he was told that morgan
former president OF the Bankers Lfe
! had testified that Appleton had said
would cost the Bankers Life s5o.O00
re.lncorporate. Appleton somewhat
heated said: "If Morgan said that, ne
| lar" He was called TO order by
chairman Armstrong.
Louis +. Payn. former state super
ntendent Of insurance of New York
vas the nexi witness.
His most important declaration was
hat he had been opposed TO Burnham
. president OF the Mutual Reserve
md said he had tried TO get him out
hughes asked why he had tried 10 get
i'm out and Payn fatty stated be
,ause thought him n crook
The point OF interest In insurance
matters developed In the courts today
when Justice Greenbsum OF the Su
,rcme court granted a writ OF man
tamus TO Clarence Venner aud on'
hundred atheT pollcy-holders direct
ng John A. Mccall. president OF ths
New York Life, to furnish them Will
complete lIst OF pollcy-holders-
The board Of directors OF the Mutua
life today elected Emory McCiintocl
,ctuary OF the company. vics-presi
lent and a rector. He viii be In active
charge of the companys tecnnica
affairs. President-elect Peabody wa
also elected a director These two sue
; ceed Elihu Root and Rufes W. PECK
ham
The trustees voted 10 abolish tn
Metropolitan agency of c. n. Raymon'
and Co. and all agencies are to be OF
salary basis.