The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-04-07

regarding il was that it would be thorough
in the extreme. Mr.. Hartman did not
say this.
HE ATTACKS ALEXANDER.
The meeting was not marked with as
bitter feeling as had been anticipated, but
that was not through any fault Of the Alex
ander or Hyde factionists. The fact OF
the matter was that the conservatives in
the board, the men who have tried as much
as possible to keep free from taking sides
in the controversy, demanded that per-
sonalites be eliminated and that stop be
put TO the campaign Of mud singing. The
Hyde faction, though, formally presented
their charges against President Alexander,
az they said they would. One OF the
speakers for Mr. Hyde was his directing
director. +. II. Hartman. According to
man who was acquainted with whatoccurred
in the meeting, Mr.. Hartman charged the
venerable president with being behind the
agitation in Albany for an Investigation OF
the society's affairs MI Hartman, II Is
said, minated that this had inconyen-
fenced him considerably. Mr.. Alexander
replied briefly to Director Hartman,
denying positively that he was responsible
for what had occurred in Albany. After
his denial Mr., Hartman, 1t was said, with
drew his remarks.
The whole trend Of the meeting. said one
man who was in a position 70 know what
occurred, was not against those who nave
been charged with irregularities in the
cOnOQCI OF the hNFltlYF DuHlNNNNt bhN
rather against the persons who are supposed
to have peached.' The charges against
Mr. HYDE were not taken up. Every
effort was exerted for harmony and a
cessation Of publicity
Mr.. Alexander, it was said, was charged
by the Hyde men with having injured the
Euutable's credit, with having done every
thing that he could do TO hurt the society
and nothing whatever TO help il, and with
having broken his promise to keep quiet
and opened up the sewers in violation OF
by President Alexander but there was no
personal encounter between him and Mr.,
Hyde.
NJ Z. INGALLS, NOT FOR PEACE AT ANY
PRICE.
One Of the speakers for harmony was
NJ. +. Ingalls,, non-!actionist. He told
the directors what he said we're some pretty
plain facts He declared that no half way
measure would do, There must, he said,
be an exhaustive housekeeping. The
people in the West where he lived would
not be satisfied with anything else When
the test comes, he asserted, the people
throughout the country ere too much
worked up over the charges and counter
charges that have been made to stand for
anything half way.
II is said that there were about seventeen
avowed Hyde men TO eleven Alexander
men in the meeting, the majority Of the
non -factionists being for peace at almost
any price.
OFFICIAL REPORT or PROCEEDINGS.
Here is the formal statement issued by
c. NJ. Depew and c. n. Bliss, the COM
mittee Of the board appointed for the pur,,
pose, describing the business transacted
after the two years naturalization plan
was adopted:
A resolution was unanimously adopted
Mat srs bs9a s4ont .h nnSd SS }ecb
Bliss was added afteTwardl. be appointed
a committee OF the board. TO consult with
amended am charter shall have been approved
by him. and with the policy holders com
mittee, Of which Mr.. John p; Crimpins is
adjourned meeting thereof upon the follow
ing subjects, to wit
vacancies in the board Of directors shall be
filled by persons whose names shall be pro-
The su9gestion that two directors
thus elected on the nomination Of the policy
holders committee shall be made members
OF the executive committee Of this board.
2. The suggestion that all vacancies &C.
curing In this board before the election
Of 1904 shall be filled by this board with nomi-
nees OF the two directors so proposed 10 be
elected On the nomination OF the pOlCyholders'
committee. this provision. however not TO
apply 20 vacancies In the list OF directors
(. The suggestion that two more members
Of the executive committee shall be appointed
on the nomination Of Mr.. Cornelius y. Bliss /
the committee including the four members
thus provided Tor 10 remain at Its present
q, The suggestion that four vacancies
be created In the executive committee, by
res gina ton or by the board, on the designR-
tion Of the Superintendent OF Insurance in !
order to make way for the proposed new
RSsoirCd. That n committee Of seven. con-
sisting OF MeRsrs Bliss, Mills. FTiCk, Harri-
man, Ives, Hill and ingalls,, be appointed
charged with the duty Of thoroughly investi- /
eating and reporting upon the present man
uRement OF tho society.
And the president was requested 70 call n
further meeting Of the board upon the re-
quest Of either Of these committees.
WANT TO STOP THR NOISE.
Speeches were made BY James J. Hill. |
Melville r: ingalls,, John A. Stewart, Charles !
Stewart Smith, Brayton Ives. T. Dewitt I
Cuyler and others insisting upon cessa-
tion Of the entire controversy. and OF the |
company. That while in the chark and the |
counterCharges there was no question as |
TO the solvency Of the company, or its large I
surplus above all liabilities, or the sound /
ness OF ts investments. the controyersywas |
creating widespread distrust and doing great /
injury to all Life insurance companies; and 1
that the committee Of the board should and /
would so probe, and as result OF their in /
vestigation so recommend as 70 justify con- I
hdence in the company and It's management. |
There will be a meeting of the directors |
OF the Equitable at IL O'clock on Saturday |
at which the special committee appointed |
to consider the proposed change in the con- |
troll Of the executive committee will report. /
This special committee will have a con- /,
ference with the Crimmins committee and |
the Superintendent Of Insurance, with the |
idea Of agreeing, II possible, on mon 70 be |
retired from the executive committee and |
men 70 represent the poHcyholders In that |
committee. Mr.. Krech, who Is on the |
special committee Of the directors, was one
OF the men bulletined for retirement