The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1905-10-27
TAMMANY LEADER
MAY BE CALLED BEFORE THE
INSURANCE INVESTIGATION.
Brooklyn Wharf and Warehouse Com.
pany's Connection With the Mu-
tual Life May Be Revealed.

sSo' @'S way SO fhSNSo'Se'
New York, Oct. 23.-There were
many and various rumors afloat in
Wall street and the financial district
this afternoon concerning the contin-
uation of the inquiry of the legislative
investigating committee tomorrow.
Reports were spread to the effect tina!
Senator Patrick H. McCarren and
Charles f. Murphy, leader of Tam.
many Hall might be called as wit
resses to testify as to what they might
know about the Brooklyn Wharf &
Warehouse Co., which cost the Mutual
Life Insurance company several thor.
sand loss through Investment.
While it is known that the commit
tee is deeply interested in finding
out all they can concerning the trans.
action, no authoritative statemert
could he obtained from anybody in
regard to who might be called as wit
uesses.
On Friday last James Thompson,
assistant auditor of the Mutual Life,
was ordered by Charles +. Hughes,
counsel for the committee, to bring
with him tomorrow all books and pa.
pers which would reveal the details
relating to the Incorporating of the
Brooklyn Wharf & Warehouse Co.
The company was organized mainly
through the efforts of the officials of
the Mutual Life and the property
which 1t owned was said at the time
to be worth $21 100000. When it fl.
nally went into the hands of a re-
ceiver, however, it was assessed at a
valuation of only $9OOO,O0O. Finally
the company was re-organized under
the name of the New York Dock Co.
and It is said the property was oTer,
ed to the city.
Charles +. Murphy was at that time
secretary of the dock department.
This is the cause OF the rumor being
started that he might be called us a
witness. So that they may definitely
decide upon the line of inquiry to be
pursued when the legislative inyesti.
eating committee resumes its probing
of insurance affairs tomorrow morn
ing, members of the committee will
meet today, to confer with counsei.
1t is intended. IL possible, to take
up technical insurance before the end
of the week and James Mexican. one
of the counsel has carefully prepared
himself to examine the actuaries of at
least two of the big companies on the
subject. Still another line of lnves.
tigation is regarded as urgent" by
the committee, but no intimation as
to its nature has yet been given out.
That the affairs of the Metropolitan
Life Insurance company which have
thus far scarcely been touched. are
down for an early and vigorous prob
ing is well known. The committee
probably today planned its work for
the next two weeks.
In an address on the moral condl-
ton in American life in the light OF
recent revelations" before a large au-
dience in Carnegie hall, DR.. Felix Ad-
Ter yesterday laid the blame for condi.
tions revealed through the insurance
investigation to the pursuit of wealth
in this country as an end instead of
means. During the past summer.
said he. I'VE have heard painful and
shocking revelations. and no one in
terested in common morality. to say
nothing about moral progress can af-
ford to ignore the symptoms disclos-
ed Some who sat in the seats of the
mighty have been thrown down and
lie pitifully enough In the dust 9th
ers have come off with less blemished
regulations, but they will never again
hold their heads so high. We are dis
graced personally and humilated,
as a community when those whom we
trusted have betrayed their trust.
in considering this matter, we are
struck principally by two facts. One
Is the enormity of what has been
done. Rich men. high in station, have
not hesitated to take the sacred funds
dedicated to widows and orphans.
Apart from that we cannot help being
alarmed by something else, which In
a sense Is more odious than outright
crime"