The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-07-19
rAE REAL ANARCHISTS


The suppressed portions Of the re-
port Of the insurance commissioner Of
New York ON the Equitable society.
recently printed, tell a nasty story,
says the Kansas City World Just why
this part Of the report should have
been held up 80 long is not explained.
Has some political power behind the
throne suppressed it or was the full
story too revolving for full publication
at one time? In homeopathic doses
we now have what is doubtless the
whole miserable mess.
The confession Of some Of the par
ties 10 interest Is astonishing and is
sufficient TO Put then IN the peniten-
tiary. The whole story Is one Of
wholesale robbery by means ~ stock
sobbefy, lar1e salaries, loot and per-
quisites Ex-vice President Hyde ad.
prs bat the Equitable sscIety paid
for the eambon dinner OF odurous
memory and bought him a private car.
He Profted personally by the sale Of
certificates. He grabbed the stock n
the Equitable Trust company. Ex-
President Alexander admits being in
eight different syndicates to exploit
the funds OF the Equitable Scores Of
his kin were on the payroll for salaries
up to $4,000.
Jacob II. schiff, high fnancier, tells
OF the selling Of bonds to the society
totally UNIT for such uses. He sold
japanese bonds to the society and
bought them back again at a lower
figure. Note the fact that he was
director at the time. While Alexan-
der and Hyde were getting Why should
he not, get and get a plenty? Also
President Snyder OF the National Bank
Of Commerce tells how the Equitable
lost 100000 by the merging Of two
banks. Who got the money deponent
sayeth not.
Worse than all this; Anyone who
will take the pains to go through the
mass Of evidence viii fnd-That the
Equitable was made TO take Western
bank stock al 800 which it sold for $50.
Somebody got the rake OF. Worse
still Equitable trust stock was
bought ty the society for 1000 and
was sold on the same day for onehalf
as much 10 Gould and Hartman.
Japanese bonds were bought OF Kuhn,
Loeb & Co, who had a director on the
board Of the society. and sold back to
them for a lower price Within few
days this enterprislng firm sold the
same bonds at a sharp advance for
their private proht
In short. the full revelations OF the
crime Of The Equitable make the pro
phecies uttered by Tom Lawson mild
In comparison Men OF the highest
standing are exposed as guilty Of com
mon theft Even Chauncey Depew
barely escapes the law and the Yale
corporation repudiates him and the
New York newspapers demand his
resignation as United States senator.
Morally at least. he is partleeps Grim.
inis in the wholesale robbery OF Equit-
able, which, il is estimated, has lost in
this way during recent years 10000
900, or one-fourh Of its boasted sur.
plus
What Of IL? This In tens OF thou.
sands OF homes there is fear and ha'
tred-fear Of the ultimate loss Of the
money sacredly saved for time Of be-
reavement and stress ana hatred OF
the whited sepulchers who hsye posed
as men OF the highest probity Conf
dence has been Confidence
that creature Of slow growth and deli
cate life. Men and women by the tens
OF thousands have lost their optimistic
belief IN humanity That Is a terrible
loss. Il Is worse than the loss Of
money.
Think you the anarchists We need e
fear are the hsiE-brained. moUthihe
creatures who hire a hanl Not on
your life. The dangerous anarchists
are those pillars Of society" who uas