New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-28

A second Equitable yellow dog fund' dp-
parently employed as a feeder for the> >falliou7
u. W A. No. 8" account was disclosed d' ''-o
close of the session Of the Armstrong insurance
investigation yesterday, and so important 1,U
the record of this account, preserved in prl-
vate and unpretentious black book. seem 10 'he
mem bers of the committee that they sat loi on
extra hour, while Henry Greaves, VINO was INC
apparent keeper of this account testiheu " t,'0
history of this secret record, ana lhclue
to the existence of an earlier secret runo Aiio"ii
as the Marcellus Hartley account
The second of the yellow dog accounts tnA'
which occupied much of yesterdays session.
was known as the George H Squire trustee
fund and was deposited with the EQultaOie
Trust Companv. In it were carried not q re"
of the nrofts made by the Equitable in various
s1-ndidate particfpatfons and not entered in any
other place and it was apparently SUBJECT 10
the direction of Mcintyre. Jordan and Alex
ander From this account sums aggregatlhs
S265 900 were transferred to the j. w. A No
3 account and to this account at It's lnceP''o"
S55 OoO from the Marcellus Hartley account was
transferred
Moreover it was disclosed that this tund anu
the cash book for it were in the keepihs 'A
Thomas D. Jordan. the former controlier oL INC
EQUITABLE. who summarily d1srnlSSeu o'
Paul Morton for refusing to tell ABOUT 'l'
7 A. w No 8 account, and VINO mas ho' 'oe
been reached by the committee. whlch ueSiie'
,,ir, - testify before the investigation closes.
In addition to number of prohts from synoi-
cs+,s il which the Equitable participated which
appear in this account there are eV,o'
othsr svndicates in which the Equitable Part'el-
o.+.d o,Iv +hrouoh this fund and from "n'on
n.ost- ,vsr. directed thither instead OF to resu
lar accounts.
A 70 the uses to which this fund were put
and whether they were similar to the uses 1or
which the New-York Life employed its nun
ledger" accounts such as campaign Coii'' i'
tions and ANDY" Hamilton transactions TO e'i-
dence was adducad yesterday, but 1t was cleai
.h+ NTr Hughes believed he was following d
"u,arr," trail. because of his refusal 10 lea'e -
a+ the usual time of adjournment
Hardly less interesting than the deVeioplleii'S
concerning the George H Squire trustee iUiiu
.,are those regarding the syndicate operations OF
the Equitable through George n, oqui,o 1
Associates" as well as James H Hyoe anu
Associo+es" and Louis Fitzgerald and Associ-
o+osv In nrevious testimony the fact had peeh
.bo,,r that the Equitable not infrequently re-
oiod ite participation, not directly from syhol-
.+A r,anagers as is the usual proceeding put
+,,rorgb one of the "and associate combinations
of it's officers.
Yesterday the fact was shown that not 'nfre'
ouentIy the whole burden OF carrying the per.
sonsJ participation of the "and assoeIates"-snat
is. of furnishing all the money-'as Perrormeo
bv the Equitable, and that the associates "s
,,rsd only when the time for the division OF
profits arrived Among those who proflted IN
s,,,1;cstes in which the Equitable participated
were the following officers of the company: Son
ator chaunoey NJ. Depew; the president James
w. Alexander; the vice. president James Hazen
HYDE, and George H. Squire, of the private
trustee" account and of the various "assoei-
ates" syndicates.
Senator Depsw participated in two syndieates'
his interest aegrsgatins sf5oooo Moreover, in
several of these transactions, notably in Chicago
and Northwestern, profits apparently due the
Equitable had it seemed, vanished, to be found
in some cases in the George H. Squire trustee
account and at other times not to be found
at all