Arizona republican., 1905-07-18
PHoEN1x. ARIZONA. JULY IS. 1905
A Fallen Peach

An audience in New York to which Chauncey NJ. Depew was delivering a political speech. some years ago. was thrilled by the shrin cry of a newsbOy in the gallery: "Ain't Chauncey a peach?" and a peach" Chauncey has been to the people of the United States ever since. But now he is a fallen peach.
 The Equitable scandals have envel- oped him.
 The incident is or special interest in Arizona, for the reason that Senator Depew is one of the most assertive of the statesmen who declare that the people of Arizona are of such a low quality in point of Americanism and citizenship that they are not fit for statehood. It is still vividly remem- bered by our people that when the omnibus bill was pending Senator De- pew delivered himself of a two-days' harangue the burden of which was the llnfitness of Arizonians to take place in the sisterhOod of states. The questions raised by the distinguished senator from New York admit of two points of view. possibly. but to say the least there is no Equitable money wrongfully in the pockets of the peo- pie of ArizOna-no money rightfully belonging to the future widows and orphans of the Equitable policy hold CTS.
 One of the most interesting features of the evidence laid before the insur- ance department of New York relates to MT. Depew's shady connections with the society. Somewhat Iamely he explained the services which he was supposed to render in exchange for the S2O.OOO a year paid him by the soci- ety; and all that he said was not suf- hcient to shake the general under standing that he received the huge sal ary as a lobbyist for the cOmpany-to protect" it from adverse" legislation.
 But it does not clearly appear why a legitimately conducted insurance com pany should need a lobbyist. Not to state it too bluntly, it appears that the genial Depew has been partaking of the graft of which the Equitable was such a juicy producer. And yet, it Is not difficult to remember that the righteous Depew was one of the sena- tors who was most shocked when Joseph Ralph Burton, a senator from Kansas and a criminal lawyer by pro- fession, was arrested and prosecuted for accepting a fee for representing be- fore the departments a company of doubtful standing.
 In the hearing before the insurance department, MT. Depew was asked about a loan made to the Depew Inn provement company-a concern which borrowed a quarter of a million on as- sets worth half that sum-a loan which was followed by foreclosure. His ex- planatiOn of that transaction was no happier than his statement of the ser vices he rendered for S2O.00O a year. He told Superintendent Hendricks that his knowledge of the affairs of the Depew Improvements company at the time was not minute; he was "too busy a man to pay any attention to it." It was named after him without his consent or Knowledge; he would have forbidden the use of his name If he had known in time. but he didn't make any row about It." He had noth- ing to do with the company's appli- cation to the Equitable for the $25O,- GOO loan-a good. safe loan. he still thinks. To the question whether as an Equitable director and member of the executive committee he did not vote to lend the s25O,OOO to the Depew I'm provement company pr. Depew re- piled: 'I think I did; but I want to say that did not advise the loan and was not consulted about 1t at all"
 It is scarcely to be wondered at that the resignation of MT. Depew as di- rector of the Equitable society is de- sired by Chairman Paul Morton. and 1t is not surprising that under the new management the peach has been jared loose from his s2O,OOO a year.