The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-04-18

Equitable failed ye Eerday to produce any
proof that President Alexander was a parti-
ctpant with him In the james II. Hyde and
Associates" underwriting syndicate, This
wa, too. in face Of the fact that Pre- ident
Alexander counsel Bainbr.dge Colby, made
II plain that MIR, Alexander meant his state
inent on Saturday night for a positive
denial oi Mr.. Hyde's accusation that Mr,
Alexander had had part In the undprwrlt-
inE.
Because President Alexander denial
was not worded very precisely Hyde sup
porters had suggested that lee was trying
to crawl out Of the situation on techni-
calities.
"Mr Alexander said MIR. Colby is not
the sort of a man who dcIIS in subtleties
He meant his statement for general
denial"
The Hyde people said on Sunday that
they would be able to prove their assertions
regarding MIR AleXander's participation in
the underwriting syndicate with Mr., Hyde
and his deposit Of a check for $40 900 with
the treasurer Of the society a. his share In
the profits Of the syndicate. Yesterday
they said still that they GOULD prove them,
hut that the investigating committee was
strongly opposed to any further publicity
in the matter Mr. HYDE however. had
published hi, letter TO Mr. Frick regardless
Of the wishes Of the investigators.
Alexander supporters continued to assert
that Mr.. Hyde's accusation vas haseless
and non-factionists in the society Joined
with them. in view Of Mr. Hydes failure to
make good on his assertions in denouncing
the attack on Mr. Alexander "a an attempt
to throw mud. One man in close touch
with the society. who j. allied with neither
faction went 10 see President Alexander
Yesterday morning a. soon a. he heard that
the venerable president Of the society
had reached hi- Office This man was
greatly worked up over the charge which
MIR HYDE had made against his superior
officer. for he was firm believer in Mr.,
Alexander business integrity. Said this
man. after he had been with President
Alexander TO- an hour
ALLEGED ATTEMPT TO LURE ALEXANDER IN,
President Alexander has convinced me
absolutely that he never participated in the
underwriting syndicate. as charged by Mr..
Hyde, that he never shared in the under
writing profits and that he never deposited
Q check with the treasurer of the society
covering any questionable profits, as de-
clared by Mr.. Hyde
This man went further and made the
astounding statement that an underhand
effort was made by Mr.. Hyde and others
associated with him in the syndicate to
draw Mr.. Alexander into participating in the
profits of the underwriting with a view to
disabling him from proceeding on behalf
Of the society against the others. A check
this man declared, representing profits in
an underwriting deal was sent by Mr.. HYDE
20 Mr.. Alexander. but was returned by the
society's president.
ANOTHER SOL, 900 HYDE CHECK?
Il was stated yesterday that Mr. Hyde
might explain another check for sol 1892
besides the one now on deposit with the
society's treasurer, If he chose to. This
unexplained check il was said yesterday, /
was sent to President Alexander on March /
a, accompanying a letter from Mr. Hyde
II was drawn to the order of M. Murray, /
ca hier.' Mr.. Alexander, upon the receipt /
q the check, wrote 70 Mr.. Hyde something
like this:
Am | to understand that the check
which you have sent me drawn to the order
Of NJ. Murray is a duplicate of the check
for t6l 1882 already deposited by you
with the treasurer Of the society,"
What this check was for or what became
Of it neither the Alexander nor the Hyde
people would say yesterday Mr. Hyde's
supporters wouldn't even admit that he had
sent a duplicate check TO President Alex
ander. That il was not the check cover
ing the moneys used by Mr.. Hyde in pay
ing the expenses Of the Cambon dinner il
known, for that was mailed 10 the society
on March % and was for only $4,000 Il
was reported that Mr.. Hyde had sent this
additional amount to President Alexander
TO be applied by him to the soCiety's fumes ,
II the check on deposit with the treasurer
did not in Mr.. Alexander's opinion cover
the profits which Mr.. Hyde had made out
Of the underwriting syndicate deals. II is !
known that Mr. Alexander refused to take .
any part in determining what should lie /
done with Mr. Hydes profits. believing I
that that was a matter entirely for the |
board Of directors to pass on.
To the list Of the Alexander family mem !
hers and relatives who are carried on the /
payrolls Of the Equitable the names OF .
two more persons we're added yesterday /
by the HYDE supporters, They are Charles |
Beattie Alexander Of the law firm OF Alex J
ander & Green, who gets a retainer Of $50 |
900 year, and John j. McCook, James W. !
Alexander bTother-in-law, who gets an I
annual retainer Of the same amount. This ,
makes the total Alexander salary list as I
Furnished by Hyde supporters, amount to |
S2S5 ON year including 100000 for james /
W. Alexander $4,000 for William Alex-
ander, brother Of James; $4,000 for Henry f.
NJ, a son; $4,000 for Frederick B. another /
eon: $1,000 for DR.. Art hur Pell, brother |
in-law. Of the society's president, and $1,000 /
for John Chlchrist, nephew.
KENNEDY ESTATE INTERVIEWS IN ORD srTr 4
The hearing in the Franklin B. Lord in /
junction suit to allow the intervening stock /
holders 10 file briefs will he on before Justice
Maddox in the Supreme Court in Brooklyn
to-day. Justice Maddox granted permits
sion yesterday to II. Van Rensselaer, Ken
needy to intervene in support Of the plain
tin as a minority stakeholder. Mr. Ken
nedy will also intervene as the admins
traitor Of the Rachel LenoI Kennedy estate.
The appearance Of Mr.. Kennedy in the suit
will make a total Of nine interv ening stock
holders, representing in all about l75 shares.
IL was said yesterday that Judge Francis
Scott Of Paterson, n. j., who Is making an
effort TO bring action in equity against the
Equitable society in the Supreme Court
in this State to determine whether the
society's funds have been msmanaged.
has already received the names OF more than :
100 policyholders in New Jersey who are
willing to support him.
sCHIFF DENIES PARTICIPATION.
A Telegram from Jacob II. Schih at Hot
Springs, Va, was made public yesterday,
IN which Mr., Schih denies formally that
he ever participated in any Of the james