New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-22
TO HEAR FRICK REPORT.
Directors of Equitable E"pect to
Haze 1t on Nag 81.

= call VIII be sent out to-day ioF d iHS e.,
the directors Of the Equitable Life ASsui 4ioe -
cietv 10 be held on May 81 At that ihee'iis ~
oon1nIete report OF the Frick committee VIII 10
1s.nted The committee, It was learned yester-
6av is working with all possible speed on tn9
,orort and It will probably be competed a' INC
end Of this week. -. "a
yy-b51A no director will discuss the specific find
.,gs There Is a feeling that it will exonerats tho
o45cis1s Of any charge more serious than bad
Judgment and indiscretion, save, perhaps MI lar
bell into whose conduct Of the agency forces Il
Il declared the Frick committee has proped all
gently An informal conference OF the 'lndepend-
ent" directors is likely TO be held this week to
work for the object for which William Nelson
Cromwell was engag ed-to harmonic the AIexan-
der-IIyde factions with little regard FOR MI Tar
bell
This effort at harmony, according to Mr.. Hydes
friends consists of appeals that the lighting cease
so that Mr. Alexander may retain his place as
president until the end OF the year. when he would
retire voluntarily. Mr. Hyde keeping himself IN the
BACKGROUND until that time. The Hyde people say
that they VIII make no terms with Mr.. Alexander
faction but Will continue the fight to the end.
A prominent director said yesterday that he con-
sidered any conference. which should be held 10
discuss possible harmony measures extreme Ioo'-
ishness." a similar conference when mao OeeH
held. had proved a hzzle-
everything IS in allegiance now until the report
,f the Fr!ol. committee which shall have at the
end Of this month"; said he. Until we have seen
that the board is not likely 10 do anything TO an
ticipate its contents. We have every confidence IN
them: we believe they are making earnest, non
est thorough investigation and we should De stul-
took action expressed formally any sehlLilelIs
81 authorization Of that report . .z.
Conferences were held by both parties yesterday
President Alexander was IN conmnnl saton most %
Ybe day with his lawyers. Alexander AZ Colpy.
Samuel Tntermyer came down from honkeTS IN
the morning ana held conferences Win NJ -
at his home, lasting several hours; . %. AIeA6 1
der W. c. CULVER and ". H. Mcintyre were also
. sTperfntendent Hendricks is expected TO return
TO this city to-day 10 resume his inVesugatloL OF
the Equitable. If he oes not come INC H<. &c
fion OF witnesses will be carried on by Deputy Su
perlntendent Hunter and Congressman LT1sGolI'
SUPERINTENDENT Hendricks's counsel. cage +. ar
he'll IL is expected will be called To-Day allo ms
Travagsnces Ia The agency department. the much
1aoofed .srebafesf and the payment to agents or
large sums on renewal accounts. - -. 49,
LAWYERS on both sides are inclined TO scout me
t6ea 6f President ROosevelts interfering IN the
Equitable sQuabble Of any acton oy SougItsSS
AT present. II is said there Is no "a" uIqer tta
1ent Of the difficulty PRESIDENT ttooseFelI ~
said had said recently th3t npnt Of
Commerce and Labor ana II was CoLIsoeLet ~
likely that he would interfere with 14e "oIA4Nss
ieSssIative interference IS looked for. either
ss,1rerintenden1 Hendricks is making an inyesug1-
,-erfipsffon would be q direct ahront TO State
official said lawyer when olltr StaleS, 81
sented BY their insurance conmlssloneIS hao IeiL
affairs entirely IN superintendent HehdEIchS
hands. -, - ,..,o- 90
down a decision this week. the lawyers think. II
he decides against Iautual1zaton on lHe El;
that the stock was not represented al the oIeCoIs
meeting which adopted the plan under consldera-
ton, il is likely that stockholders meeting may
be called in accordance with a suggestion mace
By Mr.. Hyde. 10 consider the plan. with a view 10
tts approval by the stockholders; Until Justice
Maddox gives his decision the policyholders' com
Tittee can do nothing