The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-05-25
PRESSING TARBELL CHARGE.
Hendricks Asks If SIS 900 900 Was 40.
ydnced tn ASentL

State Superintendent Of Insurance. Fran
els Hendricks and his counsel Congress nan
NJ E. Driscoll, had Second Vioe-preside1t
Gage E. TaTbell OF the Equitable on the rack
again yes' erday for more than six hourA
Ills exami, alton viii be resumed this morn
ing. Mr.. TarbelTs ordeal has been much
worse than those to which James d. Hyde
and President Alexander we e subjected.
A man close to Equitable affairs is au-
thority for the statement that the State
Superint endent regards the charges against
Taibell OF irregularities in the management
of the agency department, especially In tho
matter Of granting rebates and making
eZtrava giant advances to the agents, as
the most serious that have been made
a;air st any Of the society's officers.
,,ir. HenGrickb's examination of Tarbe1l
THUS far has had to Go altogether with his
"onduct OF the agency department The
charges that Mr.. Tarbell entered into con-
4rracy with President Alexander to GUST
NyLe and succeed Alexander as president
If the society when the latter retired; that
he helped to foTent the present controversy
through a coLfreuce Of the general agents
and managers who were practically obliged
10 take his orders and that he obtained
sls5.0cO for his interest in future premiums
Just before the present struggle In the
society began, will be taken up by the Super
iAtelle 1t this n).lilg.
MIR. Hendricks continued Yesterday to
question Mir 1arbell in regard to the ad-
>ances to agents. MIR. Tarbells report for
1904 shows the agents debit balance to be
81 ,5l4, 639. 90. Mr.. Hendricks asked tho
second vice-pi esident on Tuesday il tho
n tho
fact greatly in excess Of tbs amount
Yesterday he became more specific and
wanted TO know if these advances didn't
amount to something like $780, 600, and
whether the advances to three agents alone
didn't just aLcut equal the amount shown
in the report Mi. Hendricks wanted TO
know under what head thi, excess over
Sijli, 10 appeared upon the ooinpauy's
looks. lie asked him whethe 1t was a fact
hat TO reduce the amount OF the agents
G2bit balances Iarbe!i had assumed The
Irssent value OF their future commissions
jln'ter their contracts and had this amount
Ge'lucted from their total advances
MIR. Hoi Grieks asked for al explanation
l-o Of the charges, that, as head of the
iency. departmet t, Tarbell had shown
iavoIitism i? advar ces TO ina ayers who
"o0H best serve his persu al l. terest,
- wal tea to III ow what there was il the
large that III der his fnaI agemeI it lad
cost the company $3.50 for every 500 of
lremirms put npon the books of the com
pany through the ager cy fo1ce. while to
HHother of the four leadr compay les
the cost for slO0 Of premiums Is o. Nv sI9, 50, |
He asked, too. about the charge that has
been made, that under Tarl els mar a &c |
me1t OF TIC agency forces OF the society
brewery 500 exper ded o. ly $2U5 of bust ess |
was put upon the books OF the socie,y'
while for every 500 expeL ded in cther |
prom ert company, s4O4 of business was |
put o. the books,
He aiso asked Mr., Tartell II he could
c&plna1 how II was that 81. &c he sss,lned |
ne mara gem" OF the agenc CIV forces the |
iaNtabie actrnl gair per thousar d dollars
~ now brsif ess has been or " S2s7. Wills |
9ne 9. the either, four leading compar les
",, eMl 90 Tor che same outlay $3.50 per |
ROW whittier there would have been ary
ground FOR these charges IL all the busines,