The Caucasian. (Clinton, N.C.) 188?-1913, 1905-09-21

New YORK. speciai George W Per-
tins. member ot the nrsa 81 J. =. Mcs-
gan & Co. and arst vice psvsiasnt 90
the New York i&fe Insurance comra-
ny. vas the star witness at Fridays
session Of the special legislative COM
mittee prohlrg life insurance company
methods. ard bis teAtimosy was re-
pletc with revelations ia fuance "a sp-
piled by insurance companies.
MIR. Perkins sas firat called just pre-
vious To the hour for luncheon. lie
resumed immediately after the recess
and was on the stand when adjourn
ment was taken for the day.
The climax Of the day came when
Mr.. Perkins was asked concerning an
entry Of sis.7o2 In ledger. marked
Ordered paid by the President" Mr.
Randolph, the treasurer OF the New
York Life Company. who had been on
the stand earlier In the day. had been
sharply questioned as To the purport
OF this entry. bat he was unable tn
explain IL. lie thought 40 one bat the
president could. MIR Perkins had been
called 20 testify as TO some other trans
actions and after a recess he was ask
ell to produce the check II was mada
out payable In ]. Z. Morgan & Co. and
Mr.. Perkins frankly stated IL was q
contribution To the national Repabii-
can campaign committee and had been
paid TO Cornelius \. Bliss. Mr.. Per.
klns said
This payment was made after very
careful deiiberation. IL must not be
considered an ordinary contribution
TO the campaign fund. II was paid
because We felt that the assets of the
New York Life Insurance Company
would be ieopardized by Democratic
success"
Mr. Perkins said contributions ~ero
also made in 1900 and 1896. As an
illustration. witness said the first con-
tribution made was In 1896. by Prcsi-
dent Mccall, who is Democrat.
"He contributed money To the Nc
Kinley campaign fund and voted for
Mckinley because be felt IL was In
the best interests of the policy.holders
Of his company" This bomb caused
a m1rmur of conversation about the
room, which had become packed with
spectators. Standing room was at o
premium. and everyone bent forward
to catch the testimony. This was
hardly necessary. for Mr. Perkins
spoke distinctly. in e voice audible
throughout the school room. He paced
the small platform upon which the
witness chair Is placed. just before
tho rrmmfffaefs rnsfrum and accom-
panied his explanations with earnest
gestures. often times suggesting ques-
tions to the counsel.
Pursuing the check inquiry further.
Mr. Hughes brought out that this ex.
penditure was never brought To the
attention OF the finance committee. the
witness terming II purely executive
action" II was charged against cash
On the books of the Hanover aBnk Of
Ace or financial department. The
witness did not know on what &C
count the other contributions were
made, bu: he would furnish data.
Mr.. Perkins here interposed: Il
would like 10 make one statement
The fact that the check is drawn TO
J. p. Morgan & Co. has no significance.
I paid out the money and II was mere
ly because Of convenience OF re- pay
ment that the check was made payable
To ]. p. Morgan & Co"
What other contributions 20 politi-
cal campaign funds have been made
by the New York Life?'
rs there no seifrestrafut allowed
the officers IN these campaign contrf-
butions?"
None. TO my knowledge"