The sun., 1905-12-13


Root and Mr. Cravath were present but
he thought it was. II was at this meeting
that Mr.. Hartman made his demands.
Mr.. Ryan told Mr. Hartman Mt this second
interview Of his purpose to trustee the stock,
but Mr.. Hartman knew Of II before that,
for the fact had boon printed in the news
papers on Saturday
Reforming to Mr.. Ryan's statement that
MIR. Hartman had Nld that he had de-
voted n large part Of hls time and Efforts
10 the Equitable situation, Mr. Hughes
wanted 10 know what Mr. Ryan undorsto cd
by that. The witness said that Mr., Hnrri-
man had been II member Of tho Frck com
mittec and director of the company and
Hartman had said that he had spent this
time in trying TO straightcn out tn" Enul-
tables affair,
THOUGHT RYAS's PLAN WAS WRONG.
O. Did he tell you what he desired to ac-
conpliah by being interested II III" pur-
chase Of III" stock? \ 40, sir.
U. Did ne advance any reasons why YOU
should allow him an interest in the purchase
A. No further than | hive stated that !
remember,
@. You have said that he desired 10 partici-
pate in the mana cement What was shId
between you rs To lhr hHnhR'Ul'Il' ~ 'H'
company? \, There was nothing special
said about IT, Mr. Hughes.
Q. We'll. did he say anything ~ I" IN"
policy which should be adopted by ia" COM
pany? 4. No. sir
Q. Or hy the managers 4 No, -ir,
O. What did you tell him precisely as 10
the plan that you had for the management
Of the company? A. | stated to him the way
| purpoaed 10 work out the transaction.
Ana
He obiectcd. he Thought ! was making a
mistake TO have the stock truslo"d.
o. Did he tell you why he thought that was
n mistake? 4. No. il ended there,
Mr.. Ryan testified that it was at the inter
view which Mr.. Root and Mr.. Cravath al :
tended that Mr.. Hartman had expressed
desire to name two of the trustees IN ad-
diton to the three which Mr. Ryan had
selected,
O. What did he say in that connection
A. He simply said he simply demanded that
he should have tn" right to name two trus-
tees.
o. And also what part Of the stock? \.
Well. nv impression now is. MIR. Hughes,
that he wanted half.
Mr.. Hughes wanted to know again
whether Mr. Hartman had indicated any
reason why he thought Mr.. Ryan ought
to give him half the stock and allow nm
to name Two OF tne trustees. lIt
said that the only reason assigned by Mt.
Hartman was that he had been director
in the Fuuitable and had exerted himself
on the Frick committee to bring about a
settlement of the difficulties.
O. He wanted a part of the control that
was the slbstAnr" of ~ A. That was tn"
substance of II.
q. Yes, aud he was not satisfied that tn"
control should be exclusively in your hands
t., b, ,,f truS
YOU? A. I 50 understood II
o. Yes Now YOU said that he told you
that you would not be able To carry out Your
plan against his opposition What opposition
did he say he would give? A. He said his
whole influence would b. against me
-. What sort OF influence did he mentlonY
A. i don know that he mentioned any special
influence
political INFLUENCE THF CLUB.
O. Didn't he say that his political influence
would he against YOU? Yes.
O. Did he tell you what sort of political
influence he would urge against you: \. He
did not
Q.-Did he mention any names? A, He did
not
@ Did he refer TO the Legislature2 A. He
referred 10 probable legislative actions or
action-.or said that the Legislature would
probably take action.
q. Dld ne say Wnat SOlt OF dttOH II NOlllu
probably take 4 No, he did not.
O. Did he say whether II would be in legis-
lation or investigation? A. No. thnk--my
recollection is that he said Legislative action;
some Legislative action
q. Now, can you state the substance OF
what he said how did he put that in regard
to legislative action? A. | think he said that
legislative action would probably result and
that his influence for or against me would be
important.
O. Did he tell you that if you accecled to his
request his influence would be thrown IN
your favor? 4 Well. IT was plain to me 1t
would be
O. And he told you that if you did not divide
the control with him his influence would be
thrown against your A. He said his whole
influence would be thrown against me-
Q. And that there would probably be legls-
lative action? A. Yes; or there might be
legislative action.
Mr.. Hughes said that he wanted to know
precisely how Mr.. Hartman had put this
in what event he had said that there would
he legislative action.
Well" replied Mr.. Ryan, "the air was
full of talk about Legislative action about
that time, MIR. Hughes"
"In that interview" asked Mr.. Hughes.
No" replied the witness with a smile,
Il mean the atmosphere about insurance
matters; not in that interview, | wouldn't
put it that way.
ROOT AND cRAvATH HEARD THE THREAT.
O. Did he refer to the political influence
that he would assert at the interview at
which Mr.. Root and Mr. Cravath were pres
ept2 A. My recollection is that he did
+ a Did he refer TO the probability Of leGts-
latire action at that same interview? A. He
did.
q O, Did he say anything about the posi-
hility of legislative action in the event that
POSTUM CEREAL,