The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-07-24

tO-uoy ~ hOshO III VcbVu0lu, SuduJduquA
county, the five Assembymen on the COM
friends In New York that he hadn't the
Investigators.
Very much It was declared, depends
upon the selection Of counsel.
For political and financial reasons. 1t
was added, Chairman Odell Of the Rspub-
lcan State committee will attempt 10 con-
troll not only the eight members Of the
committee but also its counsel.
Mr.. Odell, In an authorized interview
yesterday, practically admitted that his
United States shipbuilding money had
been refunded to him. The Mercantile
Trust Company, an auxiliary financial In
for the shipbuilding venture, and the
Ses5 coo loan on the books Of the Mercantile
Trust Company has not been satisfactorily
explained. Chairman Odell's intimate re-
lations with Charles B. Alexander, Mr..
Alexander's letters to the Paris under
writer's Of the United States Shipbuilding
scheme and Mr.. Odell's two visits to Paris.
are matters which have been looked into very
carefully. Then the insurance Investigations
aided by the right man for counsel can bring
w llgHt tflS VI tic SCO,SNo,NOo S's'AA
Pacific blind pool and whether or not the
members Of this blind pool used the funds
Of the Equitable to obtain control OF the
Union Pacific through this blind pool; or, II
the blind pool was not entirely financed by
Equitable funds, what part Of 1t was.
The investigators and their counsel can
also ascertain who handed out $4,000 for a
French Ambassadorship, and who received
Al f.. hto
was Equitable money. There are score
Of such matters, 1t was insisted, which the
committee and the right man for counsel
can easily get at in the interest Of the policy
holders.
What part are the Democrats on the COM
mittee to take in demanding that thor
| ough investigation be made? That was
another question asked by Republicans
and Democrats yesterday.
| Members Of the joint committee are
| expected to come here this week to arrange
for quarters for the committee. There
was talk last night that the committee
would decide on either the Cadillac or the
| Murray Hill Hotel as place for lodging.
In view of the report that the committee
expects to work here until December and has
$4,000 to spend, several other hotels are
making bid for the business, too.
Politicians are interested in the patron
age which the committee will ispose OF.
There are a counsel, a sergeant at arms,
several clerks and messengers, making, IL
is said, nine places in all. The Democrats
according to reports from Albany. are 10 get
two Of these. The Democrats are also in
favor of an assistant counsel to be Demo-
crat.
It is pretty certain now that James W.
Alexander put up the greater part OF the
$685., 900 used in taking up that blind note
which stood on the books OF the Mercan'
tile Trust Company in his name and the
name of Thomas D. Jordan as trustee
Mr.. Alexander may not have personally
authorized the payment Of the money
owing to his illness, but the persons who
arc managing his affairs did.
The man who drew the certified checf
which was used in taking up the loan, II
was said yesterday, had nothing to do witt
the loan transaction, 80 far as the state
banking authorities have been able to Oils
cover. 1t was said yesterday that ne prob
ably represented MIR. Alexander. his nams
is still being withheld.
Bank Examiner A. c. Judson will make
his report to State Superintendent kilbur1
| on the entire transaction the first OF TIM
week, and it is expected that MIR. Nil
burn will make public the details Of TN
transaction.
Attorney General Mayer will come t.
this city from Albany to-day. 1t Is ex
! pected that he will be ready upon his ar
} rival to file the papers in the action whic
he is to bring against all forty-nine mem
, bers Of the Equitable's old board OF director
, to compel an accounting for the manage
rnent OF the society's funds.
, District Attorney Jerome will return to
, town to-day from his home in Lakeville
Conn. Mr.. Jerome has been away from HI
3 office for almost week. The greater par
. of that time he has spent studying the tes
3 timony taken before Supt. Hendricks. MI
: jerome refused last night to say whethe
r he had reached any conclusion. 1t Is un
v derstood that he will have some dehnit
9 announcement to make before long,