The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-04-21
FriCk to Be Made PreSi-.
dentEof Equitable.
~ ~ y = 4
Says Report. 55
HYDE TELLS AGENTS
HE WILL or RESIGN
United States Senator Knox Re
tanned as Counsel by Investi-
eating Commit Knowles
Again Assails Record Of
Second Vice President.
To Issue Statement.
i,l, f

G
To Issue Statement.
Especial to Tho Times ID sr,atch) 4
NEW YORK. April O.-On undoubted
4 authority, It was said TO- day that Gage
II e. Tarbell will be asked to resign as vice
president OF the Equitable Life Assurance IRA ice
Society, ana also from the board OF d.
rectors and as a member Of the Execu-
s tive Committee. 81, 55
James w. Alexander will probably be
requested to resign the presidency IN
favor of a man OF national prominence.
JIenry G. FriGk will sundouDteuly BIO of
fered the presidency of the Equitable. u
offered to him to-day ar. Frick would
u decline the position. but at the proper
n time he may be, ~ Il is said. persuaded by
v the force of 4 the appeal to accept.
United States Senator Ph Philander G.
i& Knox has been retained by Mr.. Frick as
u counsel to the inyestiga ting committee OF
Il seven Senator Knox recently y refused to
II accept a retainer from one OF the Two
Il wnrring factions within the Eauitab BILE,
s. James Iazcn HydeSreceived8 a commit
tee OF five, who present ed ~ resolution
adopted iii the agents convention. re- =
questing him to reslg n, yas he Asociety's
first stSyfce-president. \. Mr.. \. II s,de promptly
declined to resign, say Ing hat 40 do so;
swould be- cowardly, tntimating that the
4 agents had acted hastily and without a
81 proper understanding OF tho conditions.
n another statement to tlse Ncw Y ork
Herald and The. Times -Di spatch, II / FL
KNOWLES accuses Gage E. Tarbeil of
Y double dealing ith James H. Hyde, and
charges him with throttling any inten-l
v tion the managing agents may have to
Il give the young vice-presdentf a fair hear
ing at the Hotel Savoy convention He
also declares that 4 Tarbell q has violated
4 his own rule sasainut reha tin g Us
Refuses to I Resign
Tho convention Of managing gents
which has been In session In this sci tyf for
three a days, adjoutned d thfs afternoon snf-s
ter Mr.. Hyde had informed their COM
smittee that It would be possible e,5 be-
" cause or previous ehgagements, 81 for him
$ to addressith them to-day. n 5s #5
The Committee did not see Mr.. Hyde
II but teephoned to him at his once and
was given the information that the first
Il vice -president Of the Equitable was glad
to receive the invitation, but could not
& accept, that however, he would prepare
81 a statement and transmit It to the COM
4 mttee. covering the situation as he con-
ceived It.. This statement, II Is under
$1,000, VIII be circulated among the ageAss
when It is received. t5ss5Ss d
The invitation to address the agents
u followed q call by a commi ttee on Mr..
Hyde this morning, with a. req uest that
Y he resign as an officer OF the society.
This Mr.. Hyde declined. to do in an ad--
h dress. in which he said he would cons
8 slider such an5actIon vunworthy and dis.
graceful to the memory OF my father, !"
e and hc4 added further: Il isai
n ut is evident from your extraordinary
request and from the report of the pro-
cecdings at your meeting that you have
not the remotest conception OF this url-
fortunate controversy or the motives
behind the selfish struggle for the con-
X troll OF the society I252s S
In this same address heSpromised to
write the agents tomorrow in5Teply to
their demands. ss54 81 ,F "a 58 D s54 s54
& Mr.. Hyde IS speech had followed one by
3 Joseph Bowes. OF Baltimore. chairman
Y OF the agents committee. In which Mr.
4 Bowes recited that tho request for the
Resignation was practically unanimous
Permanent Organization.
These were the principal developments
i OF the session OF the agents, which be-
4 gan at the Hotel Savoy this morning and
continued until after 3o'clock this after
noon. Permanent organization was ef-
fectcd and officers chosen. and shortly
A before adjournment It was decided that
81 the committee OF seyonty-two named
4 yesterday % wait on tho State Supcrln-'
tendent OF Insurance and upon Governor
ii Higgins to urge legislation favorable to
q naturalization, should proceed to Syrn-
VI c,lse tomorrow morning and sec SUPER,
intendent Hendricks at his Office there
and then return to Albany and meet Gov
ernor Higgins Saturday.
The following officers were elected for
4 fthepermanent3o 3organization:
Il President, Edward a. Woods, Pitts;
burg; ViceI Presidents, T.. II. liazletpn,
Portland, Me-. y. M. Shields, San Fran
Il cisco; C, q, Townsend Boston; g. p;
6tearns. Montreal; w. u, Roddey. Rock
hill, 8. C,;, A. B. Newman, Chicago Sec
retary. Charles Wake. New York; Treas
urer, II. p. Chaplin, Toledo; F. l.. Levy,
Si New Orleans WAS made a member OF the
Il executive committee, *
Tho agents adopted a resolution urg-
4 ing the organization of the polio lders
under the agents In a campaign to ems
force their rights Fl igi ..4s q ~ z 3
Thorough Investigation
III There was some talk Tonight Of IA set
tlement of the difficulties between tho
Il Hyde and Alexander parti es, but no
contirma ion could sbe secured. A rumor
! that such steps We're afoot was widely
!,
& any authoritative source,
The executive committee of he Eluita-
a bio met to-day In President Alexander's
Office hut other than the ann ouncement t
that the denahd for Mr.. .IIydes res gla-
ton was discussed nothing was given,
) out. 81 H.
The committee Of invest tigatlon
II which TT. q, Frlcll is chairman wal In
Il session in tho course Of the day, and
unanimously agreed to employ former,
United states Attorney General Knox as
counsel. Announcement was made athnt
Z the Investigate will BIO pursued With all
possible speed and thor0ughness II
In connection With the legal ends IN
the Equitable tangle toTday's announce,
ment that ElIIlu Root remains as one OF
Mr. IIyde,s counsel IN spite OF stories 70
NItbe contrary, WAS Interesting, The re-,
tanning Of Joseph II. Choate as one Of
tha fHyde counsel was also confr