Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1905-12-09
ON THE RACK.
CONTINUED from Page One.)


Mr.. Cravath-"The same advice"
Mr.. Ryan-"He did not say that"
Now, did he say that any action on
the part Of the Legislature or any Of
fetal or officer of the government
would be taken in the event you re-
fused to accede to his request?"
Mr.. Cravath-"I advise you not TO
answer the question"
Mr.. Ryan-"I refuse to answer on
the same grounds"
Now, Mr.. Ryan. think you VIII De
entirely free to say what you salo u
Mr. Hartmann"
Mr.. Ryan-"Well, told Mr.. Harrl-
man 7 wanted to be free and did not
want any partners in the transaction.
did YOU tell him why?'
Mr. Ryan-"My principal reason
vac that I wanted to make this trust
deed in my own way.
Ibid you tell him that?"
Mr.. Ryan-"I did"
"What did he say to you?"
Mr.. Cravath-"I advise that you are
NOT required to answer, Mr.. Ryan,"
Mr.. Ryan-"The same answer, Mr..
Chairman
The chairman-"Mr. Ryan, the COM
nlll6C QOtS IlOI wait you " tii.it
it is seeking to be officious in the mat
ter"
Mr.. Ryan-'I know that"
The chairman-"It thinks you per-
formed a great public service and is
only seeking to get you to complete that
service"
Mr.. Ryan-"I still feel should not
be required to answer"
The chairman-"The committee di-
reefs you to answer the questions which
is asked in regard to what Mr.. Harri-
man said to you. Do you still refuse? %
Mr.. Eyan-"I still refuse, on advice
OF counsel"
In reply to further questions bearing
on this subject, Mr.. Ryan said the re-
lations between Mr.. Hartman and MINI
self were quite strained for several DAYS
and that the upshot of several inter-
views between the two men was that
Mr.. Ryan told Mr.. Hartman that he
intended to carry out his original plan
regardless of what he or anyone else
might do. Mr. Hartman would nave
taken any part of the stock which he
could have got, said Mr.. Ryan.
The witness again declined to an
sYer when he was asked whether Mr..
Hartman offered to put any snare
that he might get into the trust when
was afterward created by Mr.. Ryan.
Neither Mr.. Hughes nor the members
OF the committee insisted any further
upon answers on this subject, but
asked Mr.. Ryan about other matters
Later in the day, however, Senator
Armstrong made an announcement
bo6 latprninpd TO
transmit a certified copy of Mr.. Ryans
testimony to District Attorney Zero me-
with Il request that proceedings De m
stituted by him to punish Mr.. Ryan Tor
refusing to answer the questions.
'This course is rendered necessary,
said Senator Armstrong, by reason Oh
tho fact that the committee mas 10
summary power to punish for con-
tempt. while the Legislature Is not in
session..
Counsel for Mr.. Ryan gave out
statement, tonight, in which they stat
ed that if the committee has decided to
refer the matter to the district attorney,
here should be no difficulty in securing
a ruling as to whether or not Mr.. Ryan
is compelled to answer the questions.
New York, Dec. S.-ThOmas F. Ryan.
before the insurance investigating COM
mittee, today, testified that he bought
the Hyde Equitable stock because ne
believed that by doing so he prevented
the most tremendous panic the country
had ever seen which he believed would
have followed if the Equitable would
have been put into the hands Of a
receiver Mr.. Ryan said he had
such a threat. Mr.. Ryan said he had
directed his counsel to make the
trusteeship of Equitable stock peret-
ual because he did not want any heir
Of his ever to control the property.
REWRITING to Harriman's request for
permission to take a portion of the
stock, Mr.. Ryan said he told Mr.. Harri-
man he wanted to be undisturbed in
putting the plan of trustees into opera
ton. Mr.. Ryan did not remember how
much of the stock Mr.. Hartman want
ed and he declined to say whether Har-
riman offered to put the stock in trust.
Mr.. Hartman, he said, was the only
man who tried to get a share of the
stock. Our relations became strain
ed said Mr.. Ryan. but we resumed