The evening world., 1905-09-15

Following 1t George w. Perkins,
partner of j. Pierpont Morgan and
vice--President of the New York Life.
answered a hurry call to testify wheth-
er by reason of his connection with
the Morgan banking house he had
shared in profits from deals between
the insurance company and the bank
ing house He asserted that he had
not.
The startling discovery was made
that in December, Is 4, the Treasurer
of the New York Life paid to A. Ham
ilton. of general counsel for the COM
pany, two checks for $4,000 and s55 900
What the expenditures were for the
Hanover Bank office accounts" where
they were entered. did not show.
Against the entries was written BY
order of the President"
BY the Presidents Order.
Another entry in the same accounts
showed the drawing OF a check for
$4,000. 1t did not even appear to
whom this check had been paid.
Against this entry was also written
by order of the President"
A peculiar incident in connection with
the S4s, 900 transaction was the discovery
by Attorney Hughes that the ledger
page on which it was recorded was ex-
ceedingly rough. He asked Treasurer
Randolph if there had been an erasure.
"On my word of honor said Mr.. Ran
dolph. "it has always been that way"
Surprise followed quick on the heels of
surprise. 1t was discovered when the
ledgers containing what are known as
the Home Office Annex Accounts
were produced that the Hamilton checks
had been re-entered there, but this did
not appear on the surface of things. 1t
took the assistant auditor OF the COM
pany, Cornelius c. White, to explain
that In an entry, u. 5, Z94, Sundries-
s2S5, ,OOO." the 500, ZOO paid to Hamilton
was included.
White volunteered the information
that the 100000 was on account of the
purchase of real estate, which. when
run down. was found to have been ap-
parently paid for five years ago.
Subpoena for Hamilton.
Attorney Hughes demanded the pro
duction of the check stubs of the New
York Life covering the Hamilton trans
f. action and had IA subpoena issued for
Judge Hamilton.
| Il want this transaction explained in
the fullest" declared the investigator.
The determined attitude of Mr..
Hughes In this regard is most slgnih-
cant in view of a statement made by
Chairman Armstrong to a reporter of
The Evening World a few days ago.
| There VIII be no limits to our in
Quiry." said the Senator IF the in
! "A N inh
| e!tnel in this State or any other we
Will uncover them if poss. BILE"
| me senator was led to say what he
| oia Dy al inquiry as to whether the
| alleged legislative bargaining on the
part of the majority OF fraternal insur-
| ance organizations.
| From syndicates to the peculiar me h
York Life Insurance Company under the
l>.rne OF "Joint accounts" the Legisla-
tt.s insurance Committee turned its at
tettion to-day when 1t resumed lis In
Ve7tigation. Treasurer Edmund D. Ran
dvlph was recalled to the witness stand
ana an pr9duced statement purporting to
show all of the New York Lies "joint
accounts for four years back.
| Payee Not Named.
A peculiar incident arose in connec-
OF the Hanover Bank Office account by
order of President Mccall. It didn't
| appear to whom II had been paid.
wtte5 wbinn closely tse examining the page upon
Hughes suddenly put tn ledger in Mr.
Randolph's hands.
Mr. Has R,nSaub that blank i, always been there
Has nothing been erased?"
MI. Hughes held the page up to the
TT always has been blank, Mr..
Hughes answered the witness. "On my
word of honor. II has. / think that
erasure comes from the other side
witness and laid the ledger down with
out, comment or further examination
with reference TO the condition Of the
book which had evidently aroused Mr.
q. Can you explain why the 100000
Hamilton transaction was never report
ed to the Financial Committee? A, No.
] cannot. AS | have told you, 1t was
Q; Have you your check-book here?
your rhs6 Subs w YSS pee SoqS % is %ss
this transaction explained.
vss sSefet11,ry Mscall, ss;dar, son OF yhe New
in the middle of the chamber, nAfded
that he had heard, put on his hat and
hurried outside, Vice-President Kings
ley announced a moment later rat young
which was expected to throw light on
the Hamilton check transaction.
| Summons for Perkins.
Mr.. Hughes then asked that G. w.
Perklns be. sum .noned nllnci 'ely
| When Mr., Perkins arrived ne re-
fused to sit In tho witness chair, say
ing that he did most OF his work on
his feet and that he could talk better
| standing. Then he handed Lawyer
Hughes a well-worn letter.
The letter was written In 1872 by q. w.
Perkins. sr.. telling q. w. Perkins. ir..
that he had obtained an Office boys Job
for him in the New York Life, and
advising him after the fashion In which
Poionius undoubtedly talked 10 l.aertes
before that lad was out OF bis fifteenth
year.
His Fathers Letter.
Here Is the letter:
| "Pittsourg, March a. 1872.
Dear George: 1 have obtained a ,sit
uation for you with the New York LiIe
to act for the present as my clerk al
a salary of s25 per month commenc!ng
April l, 1872 Its continuance will de-
pend upon your improvement In spell
Ing and writing, which Will need 10 be
very rapid. Also upon your care 20 at
tend to everything given you 10 dc
promptly without making any blunders
or mistakes. and II In every respect you
are honest. truthful and faltasul In