New-York tribune., 1905-05-15
PIATT ON CRIMMINS.
WON OYER By HARTMAN.
Deserted PoLcyhoIders' Interests for
Hyde, Says LQ5cyer.

Frank II Plat, counsel for the policyholders'
committee. which was organized to foster mutu-
s,,zaton OF the Equitable Life Assurance Socie-
X. replied yesterday to John D. Crimmins chair
nan Of the committee who said recently that
Nj. Platt had been working for Mr.. Alexander's
lawyers in the formation Of the committee and
had been paying rs expenses apparently The
lawyer declared that Mr.. Crimmins, originally
strongly for naturalization. had been won over
by E Il Hartman TO support AIr. Hyde and the
stock control OF the Equitable
II q formal statement Mr.. Plat said:
Last February Mr.. Alexander attacked Nj
Hyas's control Of the Equitable Society as sub
vssive q the interests Of the policyholders stat
n the society: AS a remedy he proposed that the
pocyholders be given the right TO vote for the di
rts,pTs. and the directors thereupon passed
Tssaation that that should be done the earliest
Ys6.e 4.s - Bet - became evident inanedlateIy
ihat NJ t1yae vas scheTrlng to thNart the purpose
formed to support 6Ir. Alexander and his PROPOSE
tion on March the polioyholders' committee
vas 70 obtain for the policyholders the right to
vote for directors The members Of the committee
have al been faithful TO that purpose, except Mr.
- he When the deoeptive four1ySar pian wa
srrcunce6 Nj. Cr1nnnins spoke against that plan
and voted II the committee against It, the
ground that II would continue Mr.. Hyde's stock
''s soon after that AIr Crinmins had several pri-
vate conferences with Mr.. Hartman and then he
came out sgdderly as a supporter OF Afr: Hyde. He
dess3ded ~ Ayae IN interviews and could re
stock control What argument brought about this
NJ Criu1uias.s position as chairman Of the COM
mittee gave HE action some importance, and it
move n capturing Nr. Crinmins ally. The
work and influence Of the committee was tempo
Irs 81 bas been able to induce any other member Of
the committee 70 change position or principle The
committee with the single exception. stands just
srS ana against the misuse of their property
As 70 the expenses Of the COMMITTEES, they have
pensive 70 organize the potcyholders for they are
al q mind and have been quite ready TO unite
- Urotect themselves Some members Of the COM
Irittee have contributed literally TO the expenses
70 support &r Alexander IS too obviously false for
& 5y BS5 ssaR Rea 65aas M "a e5anasT "a s6 and %b6 hjs
apology he IS FOR the right. and have doubt
able 70 divert ths attention Of some people from
himself and his do1nEs BY tmpugning the motives
holders vii not be easily distracted by such obvi-
Gus tactics. and. one Of Mr.. Hyde's counsel
tod lin lorg ago. ''the result IS inevitable"
Superintendent Hendricks of the State Insur-
ance Department IS expected TO return to this
city today 70 resume his investigation Of the
Equitable 4 p Winthrop, the manager Of the
finance department. who is also the secretary Of
the executive and finance committees, will be
recalled, Il IS thought, 10 continue his explain
arons OF the records Of the purchase Of securi-
ties by the society. After him It is expected
Superintendent Hendricks viii call William H
Mcintyre. fourth v!ce-president, who was secre-
tary Of the rvo committees before 1Ir. Winthrop
took that place.
Gage z. Tarbeu second vice-president:
Thomas D. Jordan, the controller, and William
Alexander, the secretary, VIII be other witnesses
who 77ill he asked this week to tell about phases
OF the Equitable's investments it is expected.
Jacob Il Sch1n, member Of the executive COM
mittee. whose firm, Kuhn. Loeb & Co, has sold
securities 10 the Equitable, and E H Hartman
also viii be called by Superintendent Hendricks,
Il Is said. Senator Depew, general counsel for
the Equitable and a member OF the executive
committee, may be a witness
The executive committee viii hold q meeting
today and Will hold daily meetings until the
Frick committee makes its report, it IS expected
that i may keep in touch with that body and
be ready 10 take any action which the investi-
eating committees findings may require
3Ir. Cri-nnins is not the only member Of the
polcyholders' committee who has gone over to
ny. Hyde's views. according to one Of Mr. Hyde s
friends, who says that the "Crimmins com
ulittee has gone 10 smash" Henry Morgenthau
and Z. u. BlooningdaIe are openly Mr.. Hyde's
advocates, this Hyde adherent says. because
they believe the poicyholders' committee is be-
ing used only as 2 part OF the Alexander-Tarbell
campaign.