Omaha daily bee., 1905-11-18

could have collected his $4,000 fee from
the Equitable society upon making his
proposal valuations of its policies
The states generally do not make indie
pendent valuation Of the New York COM
panies, Mr.. McCurdy said. Missouri once
demanded it, but at the request of the
society had accepted the New York
valuation. Minnesota made such
valuation four or five years ago.
TRrbeII on stand.
Gage E. Tarbell, second vice president Of
the Equitable society, was called when Mr..
McCurdy had finished He told of his con-
nection with the Equitable which has con.
tinued twenty-six years. Mr.. Tarbell said
he knew nothing Of the memoranda given
by Mr.. Jordan to A. C. Fields. He did not
know Fields and only knew that he looked
after the legislation in New York for the
Mutual. He had conferences with repre-
sentatlves OF other companies relative to
Legislative matters and endeavored in 1908
to have a committee of one appointed to
look after the interests of policyholders
that would be affected by any bills in the
legislature that would be inimical
He knew indirectly that Andraw
Hamilton had been employed. He
was OF the opinion that no company
should have am expense in connection with
legislative matters. He never knew of a
dollar being expended in that way. He
took the position that If improper legisla-
ton could not be defeated by remedial
means the company should refuse to do
business in the state. Mr.. Mccall of the
New York Life agreed with him and the
Mutual Lie Insurance company was APP
preached to come to some agreement on
1 no h1If M MtIfaI NO on
into such combination on the ground that
it was not practicable
While Mr.. Tarbell was testifying Senator
| Chauncey NJ. Depew was recalled and
asked about vouchers of John A. Nichols
for 81 600 for legal services TO the Equitable.
Senator Depew could throw no light on the
matter beyond the fact that Nichols was
| retained by the Equitable. Nichols was
at one time quarantine commissioner, and
Senator Depew said. was active in politics.
| Senator Depew's Poor Memory.
| Mr. Hughes, counsel for the committee,
read an extract from the letter which was
written by Nichols to the senator, in which
the following appeared:
THAT this is to remind you that some
one gets round this time of the year"
do you recall" asked Mr.. Hughes who
this some one is?"
Il don't recall his name" said Senator
Depew Here Mr.. Hughes again read from
the letter:
"our friend I'D the river has been very
rambunctious of late and wants to know
you know"
Mr.. Hughes asked If that referred to the
same man.
Il believe so. but don't recall his
name" said the senator. He added that
the man was not connected with the legis
lature and he thought he had nothing 70 dc
with politics. but was an insurance man.
did you know Thomas d. Husted?'
asked Mr.. Hughes. q
II did, very well He is now dead. HI
was the son Of General Hustled and he wal
retained by the Equitable up to the TIM
of his DEATH" said the senator.
The letters concerning which Mr.. Hughe
n questioned Senator Depew were as follows
NEW YORK, Dec. 10, 1S96-My Dear De
pew: My friend, who usually gets arount
at this time Of the year, has written M
several letters, to which have not replied
He now writes me that he win be her
Monday or Tuesday and desires to have m
help him as usual What shall l do
Faithfully yours. JOHN A. NICHOLS.
NEW YORK, Dec. 4, 19O0.-My Dear Sen
very rambunctious of late and wants Z
know. you know. Don't care hang, etc
say, will you kindly do so. Wishing yo
ali the good things OF life In this holida
| season am, as ever, yours
JOHN A. NICHOLS.
The senator said that he did not knoV
} to what service the letters related, but tina
, he knew at the time he received them an
that he turned them over TO Mr.. Alex
ander OF Mr.. Hyde Of the Equitable SC
ciety.
Senator Armstrong announced that a sui
! committee had been appointed to take IN
deposition OF George II. Squire, the forme
financial manager Of the Equitable societ!
The session was then adjourned unit
E Tuesday next.
VI. u. ingalls, Talks.
l CINCINNATI o.. Nov. i.-Melville
E | ingalls,, chairman OF the Big -Four boar
e and a director Of the Equitable Life Insul
ance company, said in an interview toda
d that he had begged Hyde and Alexander
e get out long before the sensational di
c closures in the New York investigation
o He said:
y Ny predictions have been like holy WI
> | in this instance. / begged both Hyde ar
Alexander 10 get out months and month
= aEo and save the company from the di