The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-04-22

secured from me because Of my loyalty TO
the society and on the repeated assurances
given TO the board Of directors and 70 me
that they would, granted, DO accepted
as a complete settlement, we're simply
means 10 an end, and that the warfare
would 90 on until should be forced out Of
Office and the voting power Of the stock,
which had been expressly reserved, should
he completely destroyed. II is evident that
/ have been designedly tricked. Thus far
] am the only person In this contro-
versy who has made any sacrifices
The others have no such sub
stantial interests in the society and
nothing to lose by this warfare against its
prosperity. now know that those sacri-
foes which have been deceived into maxi
ing have been simply an encouragement
20 further attempted invasions Of the rights
Of stockholders. As a fitting phase Of these
proceedings you are, at this juncture,
Rathered here from all parts Of the country,
and under the exciting influences OF false
rlimors induced 10 pass unfortunate reso-
buttons without 40 much as informing
yourselves Of the facts Of the situation
Ir's NONE OF YOUR BUSINESS, ANYWAY.
sIam justified in further reminding you
that matters upon which you have assumed
toact are matters not for your consideration
and action, but for the consideration and
action Of the board Of directors Of the soci-
ETY.. These matters are now in their hands
and the facts relating to them are being
definitely ascertained by an investigating
committee appointed by the board. To
the board and TO the committee | have
made number Of communications
stating the facts and expressing my
views upon these subjects do not
feel at liberty TO further discuss
them also with you. can only say that
I think YOU are making a mistake in the
course you are following and that your
duty to the society requires you rather
10 submit Loyalty TO the lawful direction OF
the board Of directors than to associate
yourselves for the purpose Of stirring up
further strife and endeavoring to override
and Illustrate the action Of the board.
while resent, and am justified in re-
eenting, your mist AIKEN action toward me,
( am by no means Indifferent to your good
will or callous to your hostility, and trust
that in the future Of the society's affairs
I shall be able to gain for my own part in
their administration the support and APP
proval Of the men who have now 30 intem-
perately msjudged me.
Yours very truly.
JAMES II. HYDE
HYDE TO BE OUT soon, THEY SAY.
The agreement reached between the Hyde
and Alexander factions on Thursday TO shut
OF publicity with regard TO the charges ana
counter charges was strictly enforced Dy
That the period OF silence would he very
abort lived. however, was the opinion eL-
pressed by almost everybody familiar with
a." Gfrnilar nUraanRutR have
been made time and again since the con
troyersy began, only TO be violated by
both sides.
One Alexander man predicted yesterday
that the campaign would be on In the open
again within week and would be accom-
panied by disclosures more astounding to
the policyholders even than those that have
already been made. This man went 80 far
as 10 assert positively that Mr.. Hyde, in his
opinion, would be out Of the society within
siI weeks. The way he put II was that the
ehots fired against Mr.. Hyde 90 far are
merely popgun shots. There are, he de-
which win be. used II necessary, and he
thought probably would be necessary.
F. A. McNamee Of Albany, one Of the
secretaries Of the conference Of general
agents at the Savoy Hotel, who was among
the last 10 leave town yesterday, expressed
himself along similar lines 20 the Alexander
supporter quoted above. Said he:
The object Of our conference has not
Dtbn utltAltus NC VIII lthl III NlNllu
sixty days. You mark my word. He will
hand In his resignation 20 the board Of di-
rectors within two months.
Mr., McNamee was asked why he thought
Mr.. Hyde would resign, when he absolutely
controls the Equitable's board Of directors.
The directors put In by Mr.. Hyde re-
piled the Albany general agent ARE men
Of intelligence, and they fully realize that
their position as regards public sentiment
Ia precarious. They know that they are
under fire from the general public and from
US, and they will not be 30 indisCreet as TO
stand out against such overwhelming pub
lie opinion. The good that we have &C
compished lies in the sentiment Of the
protests which we made. To this sentiment
Mr.. Hyde and his directors will he forced
10 yield In a very short time. They can
not run the society without a thorough
understanding between them and the men
who write the society's policies.
TARBRLL NOT ASKED TO RFsIoN.
The report that Mr.. Hyde and his party
will demand the resignation Of Gage T.
Tarbell within few days was officially
denied. While II Is understood that either
Mr.. Hyde and his associates or Mr. Alex
ander and his supporters would be obliged
eventually TO retire, no effort, il was said,
would be made by either side 70 force the
resignation of any member Of the opposition
until the Prick committee had reported.
10 was said, however, that one OF the
charges which Mr.. Hyde would probably
add 10 those already presented by him
would be that both Mr. Alexander and
Mr.. Tarbell had been -perniciously active
In the conference Of the managers and
general agents.
No comment was made by any Of the
Equitable officers yesterday on the suit
brought by a Chicago policyholder in the
Federal Court TO force the society into the
hands Of a receiver Mr.. Hyde. on Thurs
day, in speaking Of the suit brought for the
same purpose by Louisiana policyholder,
said that he did not believe such action
would be effective when brought In the
courts Of a State other than the one in
which the corporation has it's charter
II was evident, though that the news
Of the action in the Federal Court was
regarded more seriously. In fact IL was said
yesterday that among the causes which
operated most effectively in bringing about
q shutting OF Of publicity were the action
brought by the Louisiana policyholder
and the information that such a suit was
contemplated in Chicago.
AGENTS SEE THE GOVERNOR.
He Tells Them That the Equitable Troubles
should he Settled I'm the Courts
A. Anil D opd tho