The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-12-13
RYAN TELLS WHAT
HARTMAN SAID
Railway Magnate Threatened TO Use
His Influence Adversely.
ELIHU ROOT WAS PRESENT
CAMPAIGN CONTRIBUTIONS OF
THE PRUDENTIAL.
A Ew YORK. Dec. 12.-Thomas +.

AZ EW YORK. Dec. 12.-Thomas +.
IL Ryan today appeared before the
Insurance investigating commit
Tee and told what F. n Hartman did
and threatened 10 do when he demand
ed that Mr.. Ryan concede him a share
IN the control of the Equitable Life
Assurance society last June AIR. Ryan
assured the committee that he had
meant no disrespect by his former re-
Tusal TO disclose their conversations.
and said that he had determined TO
answer the questions 10 which he had
refused replies on Friday last because
District Attorney Jerome said he ought
Harrlman's Threats.
Mr.. Ryan's version of what Mr.. Har-
Fiman demanded and what he threat
ened to do upon the refusal of MS de-
fnands was in substance as follows:
A Ihat Hartman demanded one-half
. the 502 shares Of the stock of the
Equitable Life Assurance society which
Mr. Ryan had purchased from James
NJ hyde and which gave Mr.. Ryan
control OF the property.
nat Hartman threatened unless he
was conceded this share Ia the control
or the society, 10 exert his political and
all other influences against Mr.. Ryan
and his project.
Would Use Influence.
That Hartman declared there prob
sDiy would be legislative action, and
that IN that event his influence would
De important.
That Hartman demanded the right
20 name two of the five trustees to vote
The controlling stock in the election of
directors of the society.
In reply TO repeated questions by
charles E Hughes. counsel of the COM
mlttee. Mr. Ryan stated that Mr.. Har-
rimRn did not threaten that there
should ibe legislative action unless he
was given share in the Equitable
contrall but said there probably would
be such action. Neither did Mr. Harri-
man threaten any action by an officer
OF the government.
Root was Present.
II was a strenuous interview. Mr.
Ryan said and was held IN the pres
cnce of Ehhu Root, then Mr.. Ryaus
counsel now secretary of state and
Paul ID. Cravath, also Mr.. Ryan's
counsel.
drew the inference from il that Air.
Hartman did not want anybody TO
control the Equitable society unless he
had share in it, Mr.. RYAN also
stated that he paid no attention 10 Mr..
Harfiman's statement that his nfiu-
euce would be important la the event
OF legislative action and informed him
ahat he wanted no partner in the ell
terpusc. Mr.. Hartman did not get
the coveted shares i'm the stock
Mr.. Ryan declared that this inter
View took place within d few days
after he got control of the Hyde stock.
The Prudential Company.
United States Senator John r. Dry
den of New Jersey, president of the
Prudential Life Insurance company OF
America was on the witness stand all
the remainder of the day.
He testified that his company paid
$4,000 TO the Republican national cam
JaiBn fund in 1886. 1900 and 1904 II
also paid s. 600 To Andrew Hamilton
4 formerly the New York Life Insur-
| pre- company's legislative agent at
ALBANY.
i LaIIer in his testimony Mr.. Dry
Tden said that dividends OF 10 per cent
are paid on the sock of the Prudenta al
comrauy. He said his SON Forrest +.
Dryden, had been connected with the
PRUDENTIAL tor twenty years. He
began work as a boy and worked up
through the various grades until at
present he is the first vice president.
Witness said he had nephew in the
employ of the company al a salary of
$50 week. one OF Sena or Dryden's
relatives Is a director i'm the company.