The free lance. (Fredericksburg, Va.) 1885-1926, 1905-10-07
RAISES BLACKNAIL CRY
President Mccall Says Most lnsur'
anee Bills Are For Extortion.
,t,1os,s2o FOR LEGAL SERVICES

Andrew Hamilton Looked After lnsur'
anee Legislation and Dealt With
Men Who Could Produce the Re-
suits.
New York. Oct. 5.-Somewhst OF
sensation was caused III the session Oh
the legislative committee when Is III
vestigating the methods of life insur-
ancc companies. when Neil F. Towner,
of Albany. was called to the stand anu
disclaimed any knowledge OF the
whereabouts of cancelled checks OF
Judee Andrew Hamilton, OF Albany
Mr. Towner testified that he had made
deposits for Judge Hamilton Out nor
while the latter was in Europe ne
had taken some cancelled cheeks
from the Albany Trust company carry
IN Sentember and had thrown them
into A drawer in Judge Hahliiloh
desk. He had no occasion 10 look al
them again until last week, wheh IL
received the subpoena to appear De
tore tho committee He was asked l"
hiring these checks with him, but wheh
he looked for them they were gone.
lie had no knowledge. he declared, OF
where they could have gone or VINO
could have taken them. Pressed oy
Mr. Hughes. he said almost anybody
had access TO the drawer in when 'he
checks we're placed.
John \. Mccall of the New iotN
ITO was asked about a deposit 70
the credit OF Judge Hamilton OF Slo-',
oil on september !. 1905. MT. McO"''
s.id the New York Life Insurance
comnanv had paid Mr.. Hamilton no
money Int suggested that part OF II
might nave come from the state CON
troIler's once by reason OF an assign.
ment Of tax moneys. which wouiu
cor,o 10 the Judge by reason OF Els
securing the repeal OF the tax Ia"
which relieved the New YORK LIE
from payment of taxes. Judge ram
;lton was 10 have onethird OF the
amount that. would rebate TO the com
nonv a sum of $4,000. netting MT
Hamilton about 100000.
II developed that the New York LIE
had acquired by foreclosure an apart
ment house in one Of the most desir
able residential sections OF TINS city
and the cost. with the improvements
deemed necessary. was S2OS.Ooo. Inc
s+ ,rnoma from this property was
found 10 be .023 per cent on the IN
vestment Among the improvements
was the throwing Of two apartments
into one OF nine rooms. WIN TWO
ho.hs These we're rented for SlooV
aud $500 a year It then developed
that four of the tenants we're the I'M
mediate family Of President McCal
three sons and son-in-law. MI Devin
was asked who fixed the rental OF
these properties. and he said he dis
cussed the matter with Mr.. Mccall
Mr. Mccall enlivened the proceed
ines further when he said that there
was no record on the books OF the
New York Life Insurance company OF
the $4,000 paid the Republican ma
tional committee for contributions to
presidential campaigns. While he had
no personal knowledge that the
money was paid. he assumed 1t was
because he had told the treasurer 10
make these payments.
Earlier in the day Mr. Mccall, In de-
failing the general legislation work OF
Judge Hamilton and the counsel he
EMPLOYED. denied any knowledge OF
the legislative pool which was dis
closed in the examination OF Alfred
w. Maine. auditor of the Equitable
Life Assurance Society, last week. He
said that the New York Life Insurance
company's expenses for legal services
from June /. 1900, to August 81, 1905.
we're S1.10S.92O. OF this amount. Mr..
Mccall said. Andrew Hamilton re-
ceived S476,927. In states where Mr..
Hamilton looked after legislation, Mr..
Mccall said, he was expected 70 deal
with the man who could produce the
results.
Mr.. Mccall then made the startling
assertion that threequarters OF the
bills affecting life insurance com
panies were in the nature OF black
mail. The officers Of the companies
were worried at the beginning OF each
year he said. by the proposal OF laws
that would hamper their companies,
and thaSa ofRcere "rpaliy trembled at
what they would have TO endure the