New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-12-11
RYAN NAY TESTIFY TODAY
JEROME TO DECIDE 1T.
Expected to Tel Al If District
attorney So Orders.

Probably the most important official duty tina
will confront District Attorney Jerome when h'
returns to his Office this morning from LaKeNiie
Conn. wiz be to consider the refusal of Thomas
Ryan TO answer certain questions said to oe peru
nent before the insurance investigating committee
1t is possible that before any action is taken MI
RYAN will have opportunity TO TESTIFY
should the District Attorney decide that the ques
tons which Mr. Ryan refused t. answer are ma
terIal he viii probably inform PAU u CTft'ali 'e
iat.ers counsel, that The financier has the ateia
tive of changing has mind or stanoiIiS chalSe ''
contempt In that case. 4 Is understood Mr. Ryan
viii go or the stand again and tell everything
The most Interesting testimony that Mr. Ryan
is expected give IS OF an alleged threat OF n n
Hartman Of an insurance investigation unless
ar Ryan let him have half interest in the i1q"-'-
!,!e Then, too, Il is possible that others viii be
Involved il his testimony.
AR RYAN has shown that he llarboTs no vindic-
fiyeness toward Mr. Hartman. and. in fact he was
actuated it is said. by friendly spirit toward MI
Hartman in his refusal TO answer questions put
10 him by Charles E. Hughes counsel TO the COM
mittee.
Even il NJ. Ryan should dvulge anything told
him By MI. Hartman, the latter will not 1t Is
understood be recalled. and must be voluntary
witness if he wishes to give further testimony
Jobn c Mccall OF the New-YOrk Life Insurance
Company, arrived in England last Saturday, on the
Iuoania, and Immediately cabled his father. John
A Mccall Of his arrival and added, 1t is said, that
he would Immediately go to France TO see Andrew
Hamilton and try to induce him to return TO this
country.
President Mccall has promised that unless Ham
tlton accounts by December 10 for S2S5OoO of the
company's funds which he is said to hold, he viii
give it out Of his own pocket on December 81.
The board of directors of The New-York Life Will
hold an inpoTtsnt meeting next Thursday, at
which the resignation Of George W. Perkins. vice
president is expected 1t is possible, too, 1t
IS said that John A Mccall will also resign at
that meeting II he does It is thought likely that
his son VII Immediately cable his resignation.
The investigating committee will resume its ses-
sion this morning with President Ide of the Home
Life Insurance Company the stand Senator
Dryden. of New-Jersey, president of the Pru-
Dental Insurance Company of America, who IS
an advocate OF federal supervision Of insurance.
will be called either tomorrow or Wednesday.
Later in the week officials OF the Connecticut Mu-
t1el OF Hartford and the Provident Savings Life
Assurance Society Of New-York will have Their
turn to be followed by officers OF other companies
Thomas F. Ryan viii probably be permitted to
go On the stand again to-day.
There appears be possibility Of an agree
rnent az this among the trustees of the Mutual
Life on the successor OF Richard A McCurdy as
president Of the company. 1t Is probable that a
choice will not be made until after the end OF the
wear William H. TruesdaIe, chairman of the in
vsstigatinE committee Of the Mutual, is considered
4 strong possibility for the place
Clarence H venner, senior member of the bank
tng firm Of C. II. VenneT Co, delivered an
address on insurance yesterday afternoon at the
Madison Avenue Baptist Church. in which he
srnbitted sixteen propositions for legislative action
Tor the protection OF p~ncyhOlders.
Mr.. Vanner. few days ago, peutioned the Su-
preme Court for mandamus dr-ct ng President
Mccall and the officers of the New-York Life In
surance Company to fur nish Est Of policyhoders
Of the company. He holds s5AfoJ pol cy. which is
1ayabe next year. It is his Purpose to obtain the
proxies of "a many po.Icyholders as poss be that
fhsv may have voice in the next ele ton OF OF
SceTs fcr the New-York L ife. The conpa y refused
10 give Mr. Venner list Of polio Eolde, s
Mr. Veneer. in his address. expr ssed q. proVal or
the fed ri upervisIon Of inst. ance compa. s. but
hfi eyed such noIe uncou iitutiona He said that
moro rastic measures /. be adop- d OF the
protection OF the rights Of the pei Y oil .Crs The
an en- 1nents to the pres; ut n-urance laws, SAID ne
should be such to make t mposs-b e for the of
1cia 8 to perpetuate thense IN once. He
viewed the disclosures of the ins nvestga-
tioa. and said that these strong and sufficient
arguments for radical action.