New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-12-09

/
! Mr.. CraYatfl-My advice is you are not required 70
The thairn,an-Ioo YOU refuse TO answer it?
! The Witness-I refuse to, answer on counsels ao-
! Mr. Hughes-Did Mr.. Hartman say that there
would be any result Injurious to your Interests Ia
case you refused to admit him to share IN the
Mr.. Crslvath-Ny advice is you not required
witness refuse to answer on advice of coun-
The Chairman--I think the committee better dis
Pose es Of the ehe ore Mr Hartman said
20 him concerning the transaction?
| you in connection with the matter?
| The Chairman-That question you refuse TO an
The witness-I do
The Cha1rman--The committee dlrects you 10
M to se IS that you are not
| quired TO answer
MAKES FLAT REFUSAL
The chairman-Do you still refuse to answer?
The the eharanRead the next question Mr. Ste
Question read foIlows-D o Mr. Tni HaFTma tn
your interests in case you refused to ADMIT MIN
The Witness refuse to answer that under ad-
S The % cha i - committee directs you to an
swer that question; Do you still refuse eo,rse,
q (by Mr.. Hughes Did Mr. Hartman say ~ to
you that there h |Gge 9e an or that steps would
be taken to have an investigation by a &c anv in
Surance Company, or of insurance conditions il you
Mr.. Cravath-Sane advice. Mr. Ryan
The Witness-He did not say that .,
to N answer any Of these questions. ,.t :.
did DIR not ssy. Now did he say any action on
the part Of the legislature, any oficiai any any
event you would refuse TO accede to his request;
Mr.. Cravath-My advice is you are not required
% The witness refuse to answer the same
The Chairman-The committee directs you to an
The witness-I refuse on the ground of my coun-
| sells advice. ~, pon Won will
think feel entireiy free to say what you said to
Mr.. Hartman? A.-Well' tod Mr.; t E nav
% ODD You tell him why? Any principal req 2.
SON was that | wanted to make this trust deed IN
6.oDid You tell him that? Al did
Mr.. Cravath-My advice is you are not required
The Witnesssame answer M Mr. od Hughes does
not want you to think that it is seeking to be OIL
| cious in this matter.
The realizes that hat you n haze ssek PGT
! to get you TO complete that service; .ro+
TIE Witness still feel MI Chairman that
! I should not be required to answer.
The ChairmanThe COMMITTEES directs you u to v Sn
Mr.; Hartman said to YOU ana on that 90 you
The Witness refuse under advice from counsel
RELATIONS QUITE STRAINED"
- r1u,,o vo,, will understand of course that
the object of these questions IS not TO emnartSs lass
and I'm sure the go noson in being asked
| 70 state what was said to you in conversation OF
We're not that deemed it public imp9rtan '(t
that matter Of that sort 5 What o has been cur
rentiy reported Now, will ask you an addltlo ma
HaTrman in words or substance that did not
what he or any t one o else mgnI q pan
don't remember Mr.. Hughes For several days the
strained and would not undertake and it would
! be pretty hard for me to remember everything
gin s1bSfa.,ce did say that to h i'm nat
ea1des$+ oil wat ar ne tbin it is very likely / did
ne oDd YOU have more than interview with
Mr. Hartman? A.-Oh. had greaGt many 7.ys
9-That Was several days between the date at of of
pGre6Gsse and f aa1 Was 81 several from the
date-perhaps can explain it to you 6ousn tI9
Conditions was to pay for i'll was to pay when when
certain conditions were COMPLIED VIII anu IN atr
day. from that time for perhaps q week MT f1drll
Qnd what portion Of the stock dd he he ~ w69 Il
lt otDjd he Want half of it? Al don't remem-
Q.-was he willing to pay you at the same price
that you had paid? A-Yes ,o ,os riuire 70
PI Bv NJ Cravath: Same objection that the cues
| statement to which you are not required 10 'es-
'I Th e. Witness-I refuse to answer that Mr..
f TRe cnairman-The committee directs you to
answer I Mr. refuse. on advice of counsel.
The Chairman Hughes may one i ase tban
YIN kindly o ask Thg baftc anE one else
Mr.. Hughes-I should have asked that question
pate in the ownership purchase of the shares?
of oNae Was the only one who approached you
on that subject A-Yes, ~ eust haa 80
ter in contemplation to tie present time? A
9- s did Mr. Hartman approach you after
time when you had those several a asTDeTs
SI6h our relations were re-established. and they
90 oLWhat meapt is whether he sought to ac-
tine time? A.-No; he became satisfied that | would
RYAN BECOMES TRACTABLE
Mr.. Ryan then resumed his quiescent attitude
and answered variety of questions. He adj
,nitted the purchase of further stock from Alex
ander to qualify directors. He explained that
he had nothing to do with the taking up of the
u w. A" yellow dog account. The addi-
tional shares were purchased at $500 and the
purchase was made in order not to break into
the SOP shares already trusteed Mr.. Ryan tes-
tilted to mis- share in the control of the Wash
ington Life which, he said. at the in
| stance OF Ex-Governor Levi P. Morton. IN re-
| gard to this he testified that when the company
got into difficulties Mr. Morton decided that "at
his time of life he could not afford to have any
institution with which he had been connected
so long come to grief and accordingly acquired
the capital stock, increased it from $125 900 to
$4,000 and restored the company to soundness.
Mr.. Ryan explained that he Joined Mr.. Morton
at his request. He explained that this was his
sole insurance connection and that he was not
even director in the Equitable. t.
Mr. Ryan then outlined his sole recommended
ton in the Equitable affair-that Of Paul Nor
ton The testimony this follows