The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-04-03
INVESTIGATION CERTAIN.
az. Hyde Knew Il Was Decided
On Before He Demanded Il d.

IL AnOther-HOuse Cleaning mat n
Only Begun and = Belyful Of FiEhtinG
we have now cleared the decks for aos
ton" said a member of the Equitabls'a
policyholder's committee yesterday, I'VE
have thrown over the only traitor In our
ranks"
who was hep
John d. Crimmins, replied the speaker,
who has served with Mr.. Crimmins on the
committee which was organized for the
purpose Of giving the 100000 policyholdera
of the Equitable Life Assurance Society
the mana cement Of its affairs In place OF
Edward H. Hartman, James Hazen Hyde
and Jacob II. Schih.
Il read continued the speaker, that
Mr.. Crimmins il set down in this morn.
ing's papers as saying that any opposition
TO the plan proposed by the committee
can come only from an enemy Of the so.
Getty | have spoken OF Mr.. Crimmins
advisedly, when ] say We have flung over
the only traitor In our ranks. Mr.. Grim
minis was called a traitor at our meeting
yesterday, and he knew why be was called
a traitor. He knew that the members OF
our co mmittee have known for some time
that Mr.. O. immins who was the Ostensibls
head Of our committee, was secretly visit
ing Edward II. Hartman at Mr.. Harri-
mans home. / East Fifty-ffth street, aud
elsewhere, and all this time Mr.. Crimmins
was playing luke warm with us in our de-
mands that the policybolders shall control
the company. Mr. Crimmins is all right
as a business man. Tut in this matter hs
certainly deserved what he was called At
our meeting on Saturday
COMMENT ON HYDE STATEMENT.
The staternent Of Mr.. Hyde, which he
issued late on Saturday night, was dis
sected yesterday by members Of the policy
holders committee. Mr.. Hyde issued his
statement after he had consented to tho
retirement Of -four OF his supporters from
the executive committee and the selection
in their stead Of four policyholders' di-
rectors. This will give the policyholders
eli. ht Of the tv elve members Of the COM
mittee, and allow them, if suitably repre-
sented ON the committee. to dominate NOT
only the policy Of the society, but its finan-
cial activities. The spokesman for the
policvhol, eTs' committee in Analysing Mr..
Hy,es statement quoted from it as follows:
sTLey 1.-THE alleged scandalous and false
charges against him az a director and officer
OF the Equitable -ociety have their origin
in an effort by individuals to obtain control
Of the Equitable society and its assets.
The member of the policyholders COM
mittee described thi, statement as involV-
ing subteriuge and anything but candor.
1T Is Just tine other way continued the
committeeman, we represent the 100000
policyholders who are utterly weary Of the
domination Of Hartman, Hyde and Schih.
II is Mr.. H trriman who has not only had con-
troll. practically, of the Equitable society and
its assets, but who and Mr.. Hyde have been
and are fighting like wolves TO prevent
the policyholoers from knowing OF their
doings. They are fighting to keep control
Of a society whose assets they have used
for their financial gains That's the meat
IN the cocoanut
INVESTIGATION DETERMINED ON BEFORE Nh.
HYDE DEMANDED IT.
The committeeman quoted further Of
Mr.. HYDE s abatement Il Mr. Hyde have
requested the superintendent Of the lnsur-
ancc Department Of the state OF New York
10 make an immediate thorough and drastic
investigation Of the entire management OF
the society The committeeman contin-
uing said
when Mr.. Hyde made that statement
IN which he says he had demanded that
Supt Hendricks make an investigation he
knew very well that in Albany on Tuesday
last Mr.. Hendricks had said that there
must he an Investigation Of the soclety's
affairs. and this statement Mr.. Hendricks
reiterated and emphasized at the meeting
OF the directors Of the Equitable and also
at the meeting OF the policyholders' COM
mittee early on Saturday Mr.. Hyde's
statement, therefore, concerning the in
vestigation. il bunoombe and blum, He
merely bowed 20 the inevitable, AZ an
nounced by Supt Hendricks.
Mr.. Hyde's statement that he had exc
pressed a willingness 20 have Che stock
left 10 him by his father voted in way
adorable 20 the granting OF the demand
that the polio holders participate IN tho
ma ma cement Of the affairs Of the society
was explained 10 mean that Mr.. Hyde was
favorable 20 the procrastinatlng and dila-
tory programme. first set forth az come
promise, which was rejected by the
policyho.ders' committee. This 'compro"
mise was 70 the effect that the policyhold-
CTS might have q show TO see what was
going on inside the society within four
years, whereas the present plan, which Mr..
Hyde was compelled on Saturday to aocets
10. makes IL two years, In addition, Mr..
Hyde was compelled on Saturday TO acoeds
10 a reorga nization Of the executive CONS
mittee which will give the policyholders
eight out Of the twelve members, II the
letter and spirit Of the arrangement are
carried out.
HYDE's DIsAvowAL or CONTROL RPUONED.
The committeeman. still continuing 70
analyZe Mr.. Hyde's statement OF Sstur.
day night. quoted further from IL, az fob
-. II a., not o,nfroi the Eputablp Life