The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1905-11-18
HYDE TURNS UN HIS FOES
ACCUSES oDELL
OF BLACKMAIL.
Tells Investigating Committee That
Equitable Was Forced to Pay
Him SIS, 900.

New York, Nov. 15.--James Hazen
Hyde as a witness Eefore the Arm
strong investigating committee Tues
day practically accused eX-Goy. Benja-
i min Is. Odell of blackmailing the Mer-
camille Trust company out of $4,000
as a settlement OF Il suit brought by
him to recover losses he made in an
investment in the bonds OF the United
States Shipbuilding company.
MIR. Hyde proved 10 be the NEST i'm
portant witness yet examined by the
legislative committee. He charged
that E. H. Hartman told him the
Mercantile Trust company, which was
owaed by the Equitable Life. had bet
ter settle Odell's suit. otherw Sc bill
might be put through the legislature
repeating the Mercantile's charter. AS
result of this threat cambridge Col
by. counsel for the Mercantile. adj
vised its officers to pay Odall $4,000
Odell, who was then governor of the
state. took the money, but did not turn
over to the trust company the ship
building bonds on which he based his
suit. He subsequently sold those Sc
curities and retained the proceeds.
/ That L. II. Hartman and Henry G.
Frck tried to form conspiracy to
remove him as factor in the Equita-
BILE SO that they could get possession of
the society and its si00.0j0,OOo of as
sets.
That Tricks first move in this direc-
ton vas an effort to have him ap-
poinred an ambassador by President
! Roosevelt. Hartman. Jacob II. Schiff
and Senator Depew did all they could.
he said, to further this plan. He was
attracted by the idea and after they
| had made all the preliminary moves he
went TO Washington and saw the
! president at the white house. The am
| bassadorship sought was not given
him.
That Hartman and Frick. while pre-
tending to be his friends in his fight
with James w. Alexander, knitted him
in The back and did everything posi-
be 10 depreciate the value oi his stock
holdings in the Equitab e Life and
then made an offer TO his lawyers to
buy his stock control of the soc.e,t
That Henry c. Frick, from the day
he entered the Equitable board OF d.!
rectors, tried to dominate the society
and created "a reign of terror"
That the Equitable's yellow dog fund
maintained in the Mercantile TrEst
company as loan and known as the
James w. Alexander No. account"
was used for three purposes-namely,
to settle suits, the purchase of Equila
BILE stock and for political contribu-
lions. When this loan was liquidated
last July Hyde paid out OF his private
funds $212.000.
New York. Nov 14.-John A. Nc
Call. president of the New York Life
i Insurance company. was called before
! the insurance investigating committee
, iAonia: and Gas ordered by the ,onl-
/ mfttee to demand the return to this
country OF Andrew Hamilton and az
count for the moneys which Hamil-
ton has expended and for which the
| New York Life Insurance company
| holds no vouchers beyond personal re-
cepts. Hamilton has represented life
insurance companies before the legis-
lature at Albany and is now believed
10 be in Europe. Mr.. Mccall sail that
if Hamilton does not repay to the
Few York Life Insurance company be-
I fore December Is the sum of $685. 900
which Hamilton received from the
company and has not accounted for
he, Mccall, will pay the amount him.
self to the New York Life Insurance
company before December 81.