The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1905-11-17

| iy, or upon statements made Dy otn-
ers7" 81.
Both" ha sa.9Hl "
"And upon what facts known TO you
directly is It based2' ss4st
Because don't think their inves-
tigation, nor their report was in all
details fair"
"You inferred from the results of
their proceedings?" al
| Eyes sir. and think that they did
that by conspiracy--I say that word
after considerable reflection TO de-
prive me of my rights and seize con-
troll of the society" .
What right had you to think that
this- was their intent when you held
control Of the stock of the society,""
81 think they were doing everything
they could to destroy that. posing
meanwhile as my friends, while on
the other side was being attacked
by Mr.. Alexander and his friends un-
der the sham of naturalization.
Your statements with regard to
the efforts that were made to injure
you are Of very serious import"
"Yes SIR
Now do you know of any facts
which would lend support to the view
that the proceedings of the Frick
committee in its report were design
ed to be unjust to your"
Il don't think tney investigated the
facts thoroughly"
Have you any facts within your
knowledge which shows any inten-
ton on their part to injure you?"
II have said and l will say that
don't think the investigation was
fair"
Mr.. Untermyer--"Did they try to
buy your stock?"
The witness-"They talked about
! it."
What fact have you within your
knowledge that they had any idea Of
buying your stock?"
THE conversation several members
had with my counsel"
ANY conversation with you?"
mo sir"
Prior to this line of questioning
Counsel Hughes questioned Mr.. Hyde
as to the details Of the Union Pacific
preferred stock deal in which Jacob
H. Schiff accused Hyde Of deceiving
him.
"Mr. Hartman requested great Sec
recy regarding this syndicate" said
Mr. Hyde. Had Mr.. Schiff looked up
the records he would have found that
acted for the Equitable. l want to
say right here that desire that
this entire matter be carefully gone
into in order that the misrepresenta-
tions that have been made against me
may be cleared up. All of the stock
was held by the Equitable and paid
for by the society to Kuhn, Loeb &
Co."
Here Mr. Hughes reminded Mr..
Hyde that Mr.. Schiff had testified be-
fore Superintendent Hendricks that
he did not, know that the stock was
being held. by holding syndicate.
MIR. Schiff is sometimes hard of
hearing" responded Mr.. Hyde THE
register showed that the Equitable
bought the stock and paid for it.
never knew whether anybody but MI.
Schiff, Mr.. Alexander and Mr.. Harri-
man knew of the practices of the
holding syndicate"
Here Mr.. Hyde opened the eyes
OF those listening to the proceedings
by telling how Mr. Hartman had re-
quested that even the proceeding be
kept secret from the executive COM
mittee.
II told him that would have to tell
Mr.. Alexander" Mr. Hyde responded,
then he expressed an ardent desire
that the information be not imparte
to any one else. but that II had to-
tell Mr.. Alexander, why tell him.
confess did not know why he wanted
such secrecy kept regarding the trans
actions"
Mr.. Hyde then swore that the facts
Of the Equitable's holdings of the
Union Pacific stock was concealed
from the State Insurance department
at the direct request Of Mr. Hartman.
Mr.. Hyde presented two statements.
showing flrBt that as a result of all
his syndicate participations he had
suffered a loss of s2s.615.94. and a.
second statement showing the total
amount OF money he had received dur.
ing the seven years or his connec-
tion with the Equitable Life Assur-
ance company.
It was popularity supposed that he
got $450,000. In the first place, he
lost s2S,615.94 on his syndicate opera.
tions. He paid out $212.5O0 on ac-
count Of the 100000 loan on the
Equitable. which brought his total
compensation for the seven years
down to s193,Ss4.0G, or for each year,
s27. 7.697.72.
He said he had made this statement
to contradict the number of false re-
ports that he had profited largely by
his connection with the Equitable.
Mr.. Hyde insisted that allotments