The Providence news. (Providence [R.I.]) 1891-1906, 1905-12-11

Some Of Mr. Hughes friends said to-
day that he regretted very much that
mis- name had been brought up in connec-
tion with the presidency Of the Mutual
Life at this time.
Mr. Hughes, it was said, desires no re-
ward for services IN the legislative inquiry
beyond the credit that may come TO him
in a professional way. and he will allow
no proposition 10 intrude Itself even in
the slightest way upon his attention untir
the inquiry Is ended and the committee s.
report before the legislature
The investigating committee has AT the
most only II days left for finishing its
work The developments resulting from
MIR Ryan's appearance upon the stand
have introduced an unexpected demand
on the committees time
II Mr.. Ryan should decide TO tell what
Hartman said 10 him when he tried 10
get part OF the Ryan majority stock in
the Equitable there probably would be
81 good many things for Mr.. Hartman TO
explain
Members Of the committee are not pre-
dieting what will be done i'm the event or
Mr. Ryan telling about the Hartman In
terviews but the committee would be
obliged TO give Mr.. Hartman hearing
81 he requested II.
SEVEN COMPANIES UNTOUCHED
There are seven New York state COM
panies which have not been touched by
the committee as yet. 10 IS the purpose
OF the committee according TO the pres
ent plans 10 examine each Of these com
pauies as thoroughly az the circumstances
will allow and then TO take up the state
Insurance department.
The committee intends TO spend two or
three days on this line OF inquiry Not
only Superintendent Hendricks but the
chief examiners OF tho department also
will he called before the committee u
IS likely. too. that Lou Pawn will have
an opportunity 10 tell what he knows
about tho affairs of he department. under
his administration.
When this work H. accomplished the
committee will not. IL is thought. have
time to take UP tho outside companies
the companies whose home offices are In
other states. As a matter Of fact the
committee. has just about decided 30 pass
up the examination Of the outside COM
panies and devote its time altogether 10
washing the dirty linen OF its own state.
The committee. IL has beer learned. has
been Influenced 10 this decision 10 somc
extent by the announcements that have
been made recently that other states are
going TO hold legislative inquiries OF their
own.
ANXIOUS TO BE EXAMINED.
Nearly all Of the outside companies
are anxious to have their officers go on
the stand. for they contend that they
would be able to make most favorable
showing, compared with the New York
state companies.
Any examination which the committee
could make OF these companies would ne
cessarily be cursory and limited. and the
cry might it Is feared be Justly raised
by the New York companies that the
committees efforts had resulted i'm damn
ing the home corporations.
Again, n the committee should under
take TO examine some OF the outside com
panies a great hue and cry would be
raised by others which had been passed
over
What the committee will do. though.
g. TO include I'm the minutes OF its pro-
cecdings certain statements that have
i.eA4.-sllhnliited BY outside companies.
These statements alone incorporate
more complete Information on the out
eide companies than has ever been
brought together before and will I'm large
measure complete tho testimony taken
before the committee for purpose % the
student ~ life insurance companies.
LOOK INTO THE PRUDENTIAL
There will he one exception 20 the COM
rittees rule against outside companies