The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-04-04
Alexander was ready to declare himself
definitely in regard TO the plan.
coNFERENCR IN HARRIMAN's OFFIcE.

lmmeQlAtelN blleI lUe tAtChNlNt 'oul-
mittee meeting Mr.. Hyde retired to the
office OF y. H. Hartman, his directing
| director, where conference was held
for more than two hour. Besides Mr..
| Hartman and MIR. Hyde there were present
also Senator Depew. Jacob II. Schih. and
| Samuel Unternver Of counsel for Hyde.
| Al this meeting the Hyde plan Of cam
paign was mapped out and il was made
known soon after the conference had
broken up. MIR. Hyde. il was announced,
J intends from now on to fight in the open
! to give a. good as he receives.
ATTACK Of vIcE-PREsIDENT TAHBELL.
A practical Illustration Of the Hyde plan
\ Of campaign was available soon after the
Injecting adjourned, when a story was given
\ out on behalf Of the Hyde forces regard
ing the discovery that Vice President Gage
I E. Tarbell who is at the head Of the Alex
.ander faction. was paid Si35 900 out Of the
I funds Of the Equitable society on Feb. g.
1T appears said the statement, that
!Gbv an agreement with MIR. James W. Alex
ander Mr.. Tarbell sold to the society his
interest In all the future premiums on
! policies Of life insurance for all time to
come. So far as Il could be learned, the
agreement was never brought to the auen-
/ ton Of the executive committee or Of any
other official body, and it was not generally
known until to-day that Mr., Tarbell had
thus sold out his entire interest in the
future business Of the company.
The significance Of this fact continues
the statement. will be apparent when we
recall that Mr.. Tarbell received this large
sum on the same day on which he and Mr..
Alexander headed the movement ia the
I board ofIdirectors for the removal Of Mr..
HYDE by the presentation Of the famous
/, memorial from agents.
The friends Of Mr. Hyde say. according
Ilto the statement, that this transaction is
Il another evidence Of the extent Of the con
spiracy- against him and that Mr.. Tarbell
= was putting his house IN order with the aid
4 of Mr.. Alexander on the eve Of n campaign
(which they understood would injure the
IIcompany.-
| MIR. TarbelI." says the statement,
lswas 80 careful Of his own interests that
! he wanted to get them all out before the
campaign began.
N PRovoKEs TART REPLY.
When this statement was shown to Mr.
| Tarbel he at once issued a statement in
| reply In this he said that he was for
many years prior to his election as vice
president the society's manager at Chi
| cago, aud that the volume OF business
| written by him there amounted to 500, %
OOO, 900. When he left the agency field to
4 take up executive work his renewal interest
) on business written by him was secured
under the terms Of the society's contracts
| with him.
! It has been, he declares. for many years
! the custom Of the society to purchase the
renewal interests Of its agents whenever it
! could do so with advantage TO itself.
\ The value Of these renewal interests can he
closely calculated by the society's auditors
and actuaries He had. he says, been de-
siriolls for some time Of realizing upon his
renewal interests, and prior 10 the date on
which he awaited himself Of the socety's
! rule with reference to transactions Of this
J kind he had been in conference with the
/ society's auditors and actuaries calculating
| the value OF the interest.
| His offer, he says. was considerably
| lower than that estimated by the auditor
| nd wss confirmed by President Alex
/ ander The transaction, he declares, was
| in entire conformity with the practice Of
\ the society ever since It's organization,
I such matters never having been referred
/ TO any committee.
! Il may add Mr.. Tarbell says. that the
/ effort to distort the society's routine trans
/ actions into a sensational disclosure indi-
| Gates the desperate straits TO which GER
| tain individuals VINO are now Icing as
sailed are reduced in an effort TO defect
J attention from themselves
I As an evidence Of the confidence which
I he has in the Equitable, Mr.. Tarbell says
I that he IL now carrying $500. 900 insurance
/ in the society and has paid thereon In
premiums $4,000.
CR1MN1Ns STANDS BY HYDE.
| John ID. Crimmins. chairman Of the
policyholders' naturalization committee
/ was considerably stirred up yesterday over
! the statement made by one Of the com
mitteeman that he had been called a traitor
! in one Of the committees meetings before
4 Supt. Hendricks. He denied that he had
ever been treacherous in his dealings with
! the committee. He said
The strongest answer / can make is
( that the vote Of our committee TO accept
the naturalization plan wss unanimous.
The charge against me is drawn 30 that
il will appear as though our committee
was formed TO Gust Hyde. Il was not. II
was formed to force naturalization and II
the Equitable directorate accepts our plan
Of Saturday our work will have been ac-
complished. There certainly is nothing
trsitOrous in my saying that regard Mr.
Hyde as an able young man. ! do 30 re-
gard him and do not think any good pur-
pose 10 TO be served in forcing him out
Mr.. Crimmins declared that he was still
chairman Of the policyholders' committee,
and 90 far as he knew he would remain 90.
L know said he. who has been CALI
ing me a traitor. and he il & disappointed
man"
MIR Crimmins said that be was strongly
in favor Of an Investigation Of the society's
Affairs.
"Yes, indeed said he, "a most search
ing and thorough investigation. That is
the prevailing sentiment In the committee
and has been 40 for some time
WHY IT WAS UNANIMOUS.
One man, familiar with what happened
In the meetings Of the pollcyholders' COM
mittee before supt, Hendricks, when he
heard that Mr., Crimmins had cited the
unanimous recommendation OF the CON-
mittse to the superintendent a. n refutAtion
Of the statement that he had been flirting
H,-aa