The San Francisco call., 1905-04-19

NEW YORK, April 1S.-A letter was
given out tonight addressed to Presi-
dent Alexander by James B. Hyde,
saying:
Il see by the papers that you deny
the statement contained in my letter
to Mr. Frick that you participated in
the syndicates therein mentioned If
you made this denial, please inform me
whether you received from me the FOL
lowing checks: Here follow details
of checks aggregating $61,447.
James w. Alexander gave out two
letters tonight, which he sent 10
Henry c. Frick. chairman of the in
vestigating committee, and to James
H. Hyde, respectively. The letter TO
Frick, relating to syndicate pronts,
says:
Il deny that | have ever knowingly
participated in the profits of any syndi-
cate for the purpose of underwriting
bonds or securities of which the society
became a purchaser. Mr.. HYDE S state
ment to the contrary is incorrect.
Alexander submits a letter written
TO him by Hyde on March 22, suggest
ing their reaching an agreement as 10
the proper disposition TO be made OF
the syndicate transactions that have
been criticized. In this letter Hyde
for $63, ,233, his share of the syndicate
profits, and sent it to the society, to
be retained or returned as the board
should decide. Hyde's letter con-
tinueS:
THE DINNER TO CAMBON.
There is also the matter Of the
Cambon dinner, the cost of which was
thought a proper charge to advertis-
ing, following the common custom OF
other companies concerning such en-
tertainments. There is no legal la
bility about it, but as the dinner was
given partly in my name / prefer per-
sonally to pay its cost, which was $lo,-
0S9. I have therefore sent my check
for this amount"
Alexander states that under date or
March "a he replied, saying:
You are mistaken in saying that
the receipt by you of syndicate parti-
cipations or profits was mere con-
tinuation of a custom which you found
in existence when you came into the
society.
Il do not know from your letter how
you make up the sum of $6S, ,2S3 against
which, as you say you have made up
your mind there may be a reasonable
basis of claim that you should ac-
count to the society. | am therefore
not prepared to acQuieSce in the Sug-
gestion of your letter that it covers
everything in the category specified
This is a matter which must be thor
oughly sifted. If you will have pre-
pared a complete statement OF the mat
ters which are the subject of your let
ter, together with the records of your
office in connection Herewith, will be
in position to pass upon them. /
need not remind you that your office
is in possession Of all data on these
subjects.
SCORED BY ALEXANDER.
''As to the Cambon dinner; I must
express my astonishment that it
should have been treated as an adver-
tising scheme which you supposed
would benefit the Equitable Society.
Until l received your letter I always
understood and believed that the din
ner was given by yourself and Senator
Depew as a personal and social COM
pliment to the French ambassador.
So the invitations read and 1 person
ally accepted and attended as your
guest on that supposition. How you
came to charge that dinner to the So
ciety without the knowledge of the
president is a subject upon which l
ask information. AS the president Of
know what, If any, other personal
items you have paid for out of the
funds of the society,"
Alexander's letter to Hyde, dated
April IS, follows:
Replying to your letter Of yester-
day, permit me to say that you well
know the disposition I made of the
checks in question and you have no
occasion for addressing an inquiry to
me on the subject. I decline to be
drawn into a disingenious correspond
ence with you for the purpose of COW
ering your position and perverting the
facts