The San Francisco call., 1905-04-21
Refuses to Give Up Vice Pres
idency of Equitable on De
mand of Committee Named
by the Company's Agents
PROMISES TO WRITE
HISTORY OF QUARREL
Declares That TO Step Down
and Out Now Would Be
COwardly and a Disgrace to
the Memory of His Father

NEW YORK. April sa.-Afssr First
Vice President James e hyde Of the
Equitable Life Assurance Society had
informed q committee Of managing
agents this afternoon that Il would be
impossible because OF previous engage
ments 70 address them to-day. the
agents convention. which had been in
session in this city for three days, sd-
3ourned without naming a day. Hyde
said, however, that he would prepare
2 statement and transmit IL 70 the
committee, covering the situation as he
conceived il
The invitation 10 address the agents
vas followed by a call Of committee
on Hyde with a request that he resign
as an officer Of the company. This Hyde
declined 10 do in an address in which
he said he would consider such an ac-
ton unworthy and disgraceful TO the
memory Of my father"
These were the developments Of the
session which began at the Hotel
Savoy this morning Permanent or
sanitation was effected and officers
chosen The executive committee OF
The Equitable also met to-day in Pres
ident Alexander's Office, but other than
the announcement that the demand for
Hydes resignation was discussed Moth
ing was given out.
The committee on inVestiga ton, Of
which II. g Frick is chairman, was in
session in the course Of the day and
unanimously agreed to employ former
United States Attorney General Knox
As counsel. In connection with legal
ends in the Equitable tangle to-day's
announcement that Elihu Root re-
mains as one OF Hyde's counsel in
spite of the stories 10 the contrary was
interesting. The retaining Of Joseph
H Choste as one Of the Hyde counsel
was also confirmed.
STRONG RESOLUTION.
There was some talk tonight OF a
settlement Of the difficulties between
the Hyde and Alexander parties, but
no confirmation could be secured.
shortly before the adjournment Of the
agents this afternoon this resolution
vas unanimously adopted:
Whereas, As we believe that when We return
e our homes We SHAH Be n position 70
ooahlnce cur pcncy-nolcers that Their cause
. being successfully chanpioned- and whereas
ION sr5 ezfrrfuI s5r1f1isf-stior, 81 tHr 30
c1nlmtttees are being organized in various
parts u the country therefore be II
Resolved That this body recommend 70 each
0f its members the necessity. until his return
.o his field. Of organizing his policy holders
enforce their rights under h.s leadership, Snc
thar he Immediately proceed % organize his
agency force 10 MS t-eute1ants IN
canpaiEn OF thts kind. inviting his policy
holders 20 communicate through him with the
officers and directors OF the society instead Of
allowing themselves 70 be drawn into oCganiza-
rions not so thoroughly equipped for bringing
about what every policy holder OF the society
srdently desired
The resolution was introduced by T.
II. Hazleton Of Portland, Ne, although
ii was admitted by officers OF the
organization Of managing agents that
he was not its author. The identity
OF the author was not revealed
The special committee left for Syra-
cuse tonight TO wait on Superintend-
ent Of Insurance Hendricks tomorrow.
From there the committee viii go TO
Albany. Members Of the conference to-
Gay signed applications for a total Of
s 900 900 Of additional insurance on
their lives. the statement being made
that this was done as e compliment
10 President Alexander and as an ex-
preston OF their confidence in him
II was learned officially tonight that
the vote on the resolution calling for
Hydes resignation was Ia 70 IL
The committee called at Hyde's home
at Fast Fortieth street. Hyde
and his secretary received the commit
tee alone The committee remained in
the house twelve minutes and returned
70 the Hotel Savoy. Bowes. as chair
man Of the committee, said:
an charged. sir. with 3 somewhat dis
agreeable task the bearing TO you OF a re-