New-York tribune., 1905-12-29
JEROME GETTING READY
Testimony Sent to Hima-Nezo-Y 7 ork
Life to Appeal Venper Suit.

District Attorney Jerome is making active prep
arations to ndict insurance 'grafters." now that
the Armstrong committee is reaching the end Of
its labors. Mr.. Jerome, among other things. is
having the special grand jury room put into shape
for use at early date
All the testimony taken so far by the Armstrong
committee was sent to the District Attorney yes
terday, and an assistant Will be put to work it.
Negotiations also under way to retain Of
the lawyers for the committee as special counsel
to assist the District Attorney in the prosecution
Of insurance cases. 1t was said yesterday in Mr..
Jerome's office that there would be no choice
among the offenders. but that every who had
been concerned in wrongdoing and to whom the
offence could be brought home would be prose-
cuted
Every man." it was said, who has been guilty
Of perjury, falsfyfng the books or misappropriat-
ing the money OF the companies. and against whom
the crimes be proved, will be prosecuted re-
lentlessly. But it must be remembered that 1t will
not be possible to secure indictments and convic-
dons by bringing general charges against the COM
panies. Specific charges that be proved must
be made against the individual officers. The Dis
trict Attorney is working to obtain this evil
dence."
The Fowler housecleaning committee Of the New
York Life continued its Investigations of the Ham
ilton statement yesterday. The committee in
session for nearly three hours. and for than
tvo-thirds of the time had John A Mccall before
it. A transcript of the evidence taken before the
Armstrong committee has been obtained for Mr..
Fowler and his associates 1t is being studied by
them with great care, especially that part referring
to the New-York Life. and Mr. McCsslrs testi-
mony. With the aid OF this testimony and the
Hamilton statement the committee is examining
Mr. Mccall Before he went before them yesterday
he held long conference with several Of the off,
GERS OF the New-York Life. including his son.
After the meeting of the committee, Mr.. Fowler,
the chairman, gave out the following statement
The committee is engaged In thorough and ex-
haustive examination Of the Hamilton matter, and
% % at Its &C CONCLUSION @ MAKE 4+ spec SPECIAL t report % on
have no announcement to make.
The committee is far from satisfied with Mr.. Nc
Call. and it is likely that. II he does net voIun
tarily resign the pr1priety of his severing his con-
nection with the company viii be suggested to him
in such terms will make It impossible for him
to hold on. In this his John c. Mccall.
VIII go out with him. Among those who have been
suggested for the head of the company to succeed
Mr. Mccall Hiram r. Steele a member of the
board of trustees and one OF the house cleaning
J. H Mcintosh. the general solicitor OF the New
what the COMPANY would do about appealing from
Justice Greenbaums decision in the suit Of Clarence
H. venner to be permitted to inspect the list OF
source it was learned. however. that the company
would appeal the case and make every endeavor TO
keep the books closed 49,, :. .o,,-,- 49,.
trying publicity without waiting TOT resort 70 iaW.
A good many changes are expected In the anairs
emong them is the throwing open to policyholders
Of the lists Of their fellows It Is thought that
for legislation or lawsuits.
Tt was learned yesterday that Richard A Nc
C,urdv ex-presIdent Of the Mutual and Louis A.
Thebaud. his son-in-law: resigned some weeks ago
gage and Trust Company. Their designations have
The Armstrong committee will finish up this
morning with the United States Life, and take up
the Manhattan Life and the Insurance Club OF
New-York J. G. Van Cise will be examined in
regard to actuarial affairs Of the Equitable, and
Vice President Weekes will give similar testimony
in regard to the New-York Life. It is hoped TO
finish up with them by tonight and tomorrow, the
-oPf fha hPa
work will be cleared and numerous written re-
ports will be read into the record.
F1r-C5overnor HILL who has been desired wit
ness stil reports himself sick and unable to appear
before the committee.