New-York tribune., 1905-04-21

Mr.. BOWes. as chairman. did the talking FOR
the COMMITTEES. II am charged, sir. with some
what dinlcult task" he began, clearing his
throat. "as the bearer 10 you OF a request from
a convention of managers and agents now as
Bembled in the Hotel Savoy. that you voluntarily
resign your position as vice-president OF the
Equitable. The following is the request Of the
convention" and Mr.. Bowes read the following
to Mr. Hyde:
We, the general agents and managers OF me
Equitable assembled In convention from all paris pI
s rs frona Sea or See enfs @ n Closer touch with the
people and knowing ne deep sei1s1 % eces
sity for our action. therefore sincerely and earnest
the creafion and upbuildng OF which your father
devoted his life and for the sake or It's poney ~;
Serests and voluntarily retire from the vice.
presidency.
REFUSAL TO RESIGN OFFICE
In the first place. have no intention Of re-
signing the office OF the viee-presidency OF the
Equitable" replied Mr.. Hyde. Such a course
I would consider cowardly and disgraceful to
the memory Of my father. Second it is evident
from your extraordinary request and from the
report Of the proceedings at your meeting that
Won have not the remotest conception OF this
unfortunate controversy or the motives behind
the selfish struggle for the control OF the society,"
think. however, that you are entitled TO know
something OF the real facts on which my atti-
tude is based and win, therefore, write you To-
morrow in reply 10 the request made In this re"
marlzable communication
II think. however. that your request might
have been far more justified had It been maze
10 those having no interest in the society, who
precipitated this unfortunate controversy ana
are keeping the agitation alive 10 serve their
own selfish purposes You win hear further
from me tomorrow.
.sOf course YOU gentlemen must know tnat lhe
questions at issue are now in the hands OF the
Department OF Insurance, and Mr.. FTicks COM
mittee. who. I think you will agree with me-
are the ones TO judge. II is bat fair TO them 10
say nothing further.
Il appreciate how greatly you have been al
hicted through this misfortune, but ten you
again that the best way 10 bring about salts
factory conclusion for your men is to remain
loyal 70 the Equitable. and not 10 do anything
eeore the report Of the investigating committees.
ON reflection think that you win be able TO
see fuspartiaily and to judge these matters
which are now the subject Of controversy IN
our society"
E A. Woods, Of pittsburg. denied yesterday
that he had been working in the Alexander
cause because he hoped 10 get an ofhce under
the Tarbeu regime. 4 wouldn't accept an
once in the Equitable Society If it was onered
10 gold platter" he said
told the committee Of elevep-the directors who
we're 70 decide on a naturalization plan-that he
would not handle proxies. but would agree to
have them deposited with President Roosevelt,
Grover Cleveland or the presidents Of any six
American universities.
EXECUTIVE COMMITTEE MEETS
The F5quitable's executive committee was in
session for an hour in the morning. Hr Hyde
and President Alexander were present as was
AIr. Crick OF the investigating committee Mr..
Tarbe!l said It had been routine meeting.
WAS the action OF the agents IN asking for
Mr Hyde's resignation referred to?"
Yes" he replied. Incidentally but no action
was taken"
DR.. Hyde declined TO say anything at first,
but when he was told what Mr.. Tarbell had
said he asked that it be repeated carefully to
his secretary and then he Immediately started
TO find Mr.. Frick. Mr. Frick, after talk with
M Hyde, declined 10 say anything about the
incident
HEARING on THE TULL SUIT.
Proceedings in the application Of A. Edward
Woodruff. in behalf OF Herbert c. Tull of Phila-
delphia TO enjoin the officers of the Equitable
and the State Superintendent OF Insurance from
any proceedings toward approval and filing OF
the amended charter came up before Justice
Mclean, IN the Supreme Court, yesterday. After
Attorney General Mayer and Mr.. Woodruff had
argued little. Justice Mclean set down fur
ther hearings for April "a
Mr.. Mayer. for the Superintendent Of Insur-
ance, said that his part Of the action on the
proposed amendment was duty he had to per
form under the statutes. These amendments
were now in the hands Of the Attorney General.
who had TO give his approval and until he had
passed them the Superintendent Of Insur-
ance could take action. No hearing on these
amendments was compulsory said Mr. Mayer
so Mr.. Woodruffs assertions that a hearing had
been denied TO him was simply an unjust asper-
sion on a public officer. No State official could
be en5oined from the performance OF his statu-
tory duties he said.
Mr.. woodruff iu flutter because he had left
his papers al home, contended that the court
had power 10 issue the injunction. He said the
people We're one side in this controversy the
corporations the other.
John D. Crimmins last evening commented on
the Equitable agents meeting as follows:
Speaking a policyholder and not as an agent
not even as member Of the Crimmins Commit
ice, would say tnat this action Of the agents IS
most surprising. The agents are overreaching
themselves. lnsteag OF Quletlng the storm and al
laying the Equitable troubles. they are encourag-
ing discussions and dissens!ons which taking
the bread out Of their own mouths. II is to
their own or any one else interest that such radi
cal and questionable action should be taken in the
absence Of any report from the investigating COM
mittee which has yet 10 determine the facts in the
case
the financial interests Of the Equitable demand is
not heated discussion and personal conflicts, with
such astonishing these Of the agents. but
careful and foresighted policy ,,I on The part Of
ing up business. not endanger1ng IT,
As 10 who shall direct the affairs Of the society
hereafter, that should depend the action Of those
having voting power under the reorganization which
goes with naturalization This is time 10 settle
when II Is settled So personally consider this
action at the Savoy most surprising and precipi-
tate
AS expression Of confidence in Mr.. Alex
ander. as the agents expressed It. members Of
the conference yesterday signed applications for