New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-16
KNOWLES ON THE RANGE.
T4RBELL THE TARGET.
4Ierander Faction Refers to Cannon
Dinner as,AdUertising Dodge.


s,rance employed by Gage Z. TarbeH' second
vice-presdent Of the Equitable Lille Ahsui aI0e
Society, was made last night by H. ID Knowles
enc Suner11sor Of agencies, who was dismissed
nv, President Alexander after wrangie IN which
Hfr Knor1es took Mr.. Hyde's side. Even II tne
Y,.olfcvhorders had been called on 10 sIano 'N7
expenses of the Caubon dinner WHICH was
perfectly legitimate" said Mr. Knowles they
could have done it rather than stana the OK
travagant waste OF the funds In advances re-
hates and other cost" OF business WHICH 4apseU
because taken wrong basis.
The Alexander-TaI<ben people seemed TO Dc
ewing 10 tecloud the issue, deludipg the policy
holders and public by making prominent the
..v,-,dicste transa csdons" from which President
Alexander received q liberal profit. said Mr
Knowles. Another method was by raising
,o,troversv, as to who owned the SURPLUS
controversy answered 'in the charter OF tne
company and IN every document issued over the
,,gnatIres Of the executive officers on this SUB
sec+- Candidates of officers or directors OF an
insurance company might be contrary to law
- s,,7n1v~against good taste Mt. Knowles went
on hut 81 remained TO be proved that the syn
6,cs.es In which were the 3Bguitabls's directors
had ever cost the Equitable policyholders one
cent
On the other hand, he said. the agency forces'
headed by TarbeI. had rdoted In the socletys
OF that department 10 mr.. Alexander and MI
UIarbeII. so mona Of. the mistakes could be
charged TO him. The Knowles statement fur
since the death of the founder Of the, society,
Henry 2 1yfe Ia5Ss ana as ana his acts have
received the Endorsement OF PresloenI s h IT,
III n the shape of rebates, the agency balances
e he EQg nit hy Life S saSs Fo aea6 q s
Sc 90 n 1904 Now bear in mind that thls l Y1gS
Insurance Commissioners report TO the State OF
Items admitted as assets ms lg's 20 S
OF The agency force Of the society," aS ne Iec0IiI
Of President Alexander And even this large amount
does not by any means 5epTesenI 11 the Alex
ander-Tarbell faction used in regard 70, 20 AIC con-
trol their packed convention OF Ha-4ase 49,
RE tremendous lapse of business since the death
of Henry b HYDE IN 1899 of 1923 81 3 adds IaI @
70 the waste % 4 business was Written
al large cost for medical eXalniuers fees posts
Occur the lrst year on this rebqed business add I'D
TO the burden Of the poAcyhCIaeIsr "Io p4S not
alone the cost of securing this woTes p9sln f
IF te lA< aGdeT regime but rtheroTe
insurers who have taken policies "a lGts - their
health becomes impaired in the mean time VIII con-
health drop their policies having paid only small small
proportion OF the first years premium at igIeS
rate Of mortality for the company than would QUO
Tie present eficient Superintendent OF Insurance
OF this State I know will from his Investigations
find what l charge 10 be true, that the agency de-
partment as managed by Tar6ell. who winks at the
States. has squandered the poicyholders money IN
consideration and favor to few Of his satellite
q ne+ tbousand wbch is directly opposite to the
positive statements made by both President Alex
that there never would be another bonus offered by
The society as long as they were ofR 9 OF ne
me for c
rcbater by that method had an excuse for the
7 Fer 5ons RE5s1 % the faction
in this outrageous attack upon the 5000 name OK
Policyholder is best shown by the following facts;
managers the statement was put into the mouths
Of thee Managers ~ these eoae len ana ana J4e
uiarly the bah given at sherry,s by him and paid
allied and ruined their new W. business Now. in
farrell! letter OF MAY / 5go. aooPe5s@d 10 L51e
paign for the month Of May, IL gives me great
Important and indispuiabie facts which 1 am sure
you vii! hail with satisfaction, and which also
sure will assist you very materially in your work
by enabling you 10 silence many irresponsible
etatements which are at present. passing current.
ciety FOR the month OF april 1863 IS more than Loco
IN excess Of the number issued IN April one year
ago C..- ....,., ia ,..,-,-.-s H. go .,,a
@ IS almost S Se S 5head In Of b a5 P 5ad
business OF the first four months Of last year
Pay your money and take your choice Com
par tEese two FaeG1Iz ana mark {neir utter
11irI IN -, LIE, ~, ing rom his so3iy6e
If rrouerly anaIyz.-d
This evil and tremendous waste of policyholders
funds is again shown by the large amount Of bust
ness written and not taken for the purpose OF
showing the magic power Of the wizard Of life in
surance TarbeIl. This amount last year, 1901 alone
wasted Ths COST OF medieal eaam2ers fees n
Epection fees the cost Of printing policies appAca-
tons and other documents, besides the office eX-
pens for The issuance Of same al without one cent
money expended. Such is TarbellispA
RAKE Up CAMBON DINNER AGAIN.
IN what the Alexander faction calls the alb
Eurd fake suit" brought by Mr. Hyde to GUST Mr..
Alexander IS trustee of the Hyde estate, it was
denied by Mr.. Hyde that he had caused any of
the expenses of his fancy dress ball at Sherry s
10 be paid by the Equitable. He said he believed
that scaudalous charges about it had been
spread by the Alexander faction.
Friends Of Mr.. Alexander issued a statement
yesterday which denied senni-oficially, that the
Alexander party had had anything TO do with
spreading the report, adding that IL ap-
parent that Mr.. Hyde bad not caused the EQuit-
able 10 pay for his party since before he could
have turned in the vouchers the memorials ask
ing Tor his removal had been delivered 10 the
directors and an investigation had been begun.
What course would have been pursued II the
directors hadn't begun to investigate. we can
only conjecture" says the statement
II asks why Mr.. Hyde and his attorneys did
not deny the refunding Of money paid by the
society for the expenses of the Cambon dinner,
where not only were the poucyhoders hood
winked, but 81. Cambon himself was inveiged
into attending advertising scheme under the
guise Of a social dinner.
The Prick committee, it was learned yester-
day. had called Mr. Hyde twice recently as q
witness The committee is holding dayIy- Gao