New-York tribune., 1905-04-19
HYDE MAKES NEW ATTACK
LISTS RIVAL'S CHECKS.
AIerander Still Denies Partnership
an Syndicate.

! In an open letter sent last night James Hazen
! Hyde threw back at President Alexander his de-
NAL that he had been a partner in the syndicate
OF - H. Hyde and Associates" IF Mr. Alex
ander really meant the denial" Mr.. Hyde wrote
would he deny having received certain checks
listed?'
These checks. according to information re-
ceived, represented the profits accruing to Mr.
Alexander for his interest in the syndicate
They We're drawn by Mr.. Hyde personally. Mr
Alexander indOrsed them. They were deposited
to his credit in the National Bank of Commerce.
it was said, whence the vouchers bearing Mr..
Alexander's Endorsement were returned to Mr.
Hyde.
Mr. Hyde's letter follows:
Dear Sir: see by the papers that you deny
the statement contained in my letter to Mr..
Frick that you participated in the syndicates
therein mentioned. If you made this denial,
please inform me whether you received from me
the following checks:
TO your order dated July 80 1902 .. S453l So
Metropolitan Street Railway As Of 21o2
css 2 ggaF qFsF & dated n5 P 29 2oSs
check your order dated June l; 1904: 2s2s 90
Imperial japanese sterling syndicate.
Check your order, dated July II, 1904. S2O4 4s
Check 10 your order dated October IS 1904 w 51so 10
check to your @ order dated OCTOBER - 1891 1879 90
sc m r I rr 5ateS y ana I n % oes 81
Imperial japanese sterling Gs syndicate.
oregon Short Line 25-ysar per cent syndi-
Total without interest. S61 446 90
Mr.. Alexander last night returned the follow
ing reply TO Mr.. Hyde:
Dear Sir: Replying to your letter of yester-
day, permit me to say that you well know the
disposition I made Of the checks in question,
and you have no occasion for addressing any in
quiry to me on the subject.
decline TO be drawn into disngenuous
respondence with you for the purpose of cover
ing your position and perverting the facts.
MR. UNTERMYER's STATEMENT.
Samuel Untermyer. one Of the counsel for Mr..
Hyde. said last night:
1t is inconceivable that Mr. Alexander should
have denied that he shared equally with Mr.
Hyde in all the syndicate operations that We're
conducted under the name Of y. II. Hyde and
associates" The checks were drawn to his order
on the Mercantile Trust and Equitable Trust
companies, signed James II. Hyde s. A"
Syndicate accOunt), and indOrsed and deposited
By Mr.. Alexander, amounting to $61.446 90, which
is the precise amount or Mr.. Hydes profits.
There was nothing wrong discreditable to
either Of these gentlemen in those transactions
and neither of them will, in my opinion ever be
called upon 10 refund a penny.
The only wrong consisted in Mr.. Alexander's
extraordinary denial which he is reported to
While he has not answered or acknowledged Mr..
Hyde's letter and has made no authorized de-
NAL he has allowed il 30 be understood that
Mr.. Hyde's statement Of his participation is
When the facts as to this and other syndi-
Gates IN which both these gentlemen are known
are made known, il will be found that they
acted within their rights. and for the best in
terests Of the society. 1t is depressing that
campaign Of villifcation such as this has been
can be Waged on sucn slender foundations. If
there is a single specific charge OF wrongful
act on the part Of Mr.. HYDE. have still to
learn what it is. When the smoke of this dis