New-York tribune., 1905-07-12
TO PROBE SCHIFF CHARGE
OF FALSE STOCK RECORD.
Mr. Norton Investigates = TrbeH
and Others Remain in EQUITABLE.

~ '''N'" "A "'ottt tS IL 4AttHOtEs
Not only Gage E. TarbeI. but George T. Wilson
and Henfy Rogers Winthrop. are TO be permitted
20 retain their respective Offices in the Eauita BILE
aeeoralng 10 Pau Aorton's announcement last
night NJ. Morton expects so he added that
Archibald c. Haynes VIII withdraw his resignation
which he does not intend TO accept Chairman
Morton likewise declared that he was rnaking an
investigation Cf the falsitv or the EGuitable's 8
books. alleged in Jacob H schirss testimony be-
gore The State Insurance Department and pub
listed in yesterdays World" as told in another
column.
Assistant Treasurer Boernner's resignation has
likewise been refused
y going into this matter however. in my
OWE way. added Mr.. Morton. To obtain the
facts and figures VIII take time"
In answer 10 further questions, Mr.. Morton said
he knew nothing OF Mr.. Schif's testimony, but
the records had not been wrongly entered in the
speakers administration. II Mr schin's some
whal detached statement be excepted. none Of
the Eqssitahe officers their counsel would
discuss the disclosures o. the newly published tes-
timony
Said Mr. schin.
cannot possibly take up and discuss FOR publ
cones Connected When one hss charge Of Iarse
sfafrs one gets sometimes praise and sometimes
censEre, and the one must be taken with
always following .he dictates OF my conscience
and z my acts have IN any instance been mis-
judged 1 shall trust 10 time for this 70 become
samuel Untermyer Mr. Hyde's personal counsel
sailed for Europe early in the day 20 be absent
Il was stated AT his Ohice. until September.
Mr.. TARBELL TO COOPERATE.
IN declaring hts intention 10 retain the services
o. Second Vice-President Gage E TarbeIl NJ
Morton said he had a promise Of Mr TarbelTs
hearty cooperation in the reorganization OF the
society s business. and that Mr. TarbeIVs promise
= carried would help in no small degree the re-
much 81 business los- within .1,s
months.
meeting OF the trustees took place at the Hotel
buckingham yesterday. lasting from O'Clock IN
IA s,45 II is understood that We're selected
for presentation the next meeting Of the board
when IL is expected that directors VIII be elect
Cd The names were not made public
Mr.. RYAN AND Mr. MORTON CONFER.
Tor the first time since Mr Morton has taken
possession Of the Offices the Equitable formerly
occupied BY M Alexander. Thomas F. Ryan called
there IN the afternoon and conferred with Mr.
Morton. Mr. Ryan remained for about half an
hour. Soon after Mr.. Ryans departure Mr. Nor
ton called Mr Tarbell his Office and M. Tar
bell introduced some OF the men in his department.
Mr Tarbelrs retention has the appearance Of
signal defeat for Mr.. Hyde and complete vindi-
cauon n The second vice-presiden1, especially in
view Of Superintendent Hendr1ckss report, wherein
il was generally agreed that Nr. Tarbeu escaped
virtually unscathed
as 10 Mr Hayness resignation which, II viii be
c.
Morton said:
NJ HAYNES Is not always composed. but he IS
che OF the best insurance men IN The
business h. sells large amount Of insurance.
an6 IS q valuable man 70 the society. / nave no
intention ~ accepting MS reslgaJ9n, ana expect
Equitable as loudly as ever
NJ Morton said that he should call special
meeting of the directors for next Friday TO act
On the suggestions OF the board OF trustees
Al the Office Of the Attorney General Il was
not return 70 this city until Friday. where he would
remain for several days Superintendent Hendricks
was ItkeE1se out OF town Mr. Hunter left
Neu-York for Albany early in the evening. Al
NJ Fendriclkss once il was said that the entire
star had been .hyper-cautious' 10 the testi-
nonv which had been kept in Mr. Hendrieks's
of5ce AT albany.
a ,orv had 70 be sent there 10 the Attorney
.s,e-sre Office 90 il was added. and you may
s-av vor- own conclusions if there has been any
leak -
JEROME SAYS IT'S FUNNY"
District Attorney Jerome seemed TO oe annoyed
because he failed 70 receive a copy OF the testi-
rronv for which he applied and for which he had
been waiting with some impaIience.
-'It Is very funny" he said that newspaper
q able 10 get a copy Of the testimony when the
pssrrict Attorney. assisted by Governor Higgins
- unable 10 gel IT,"
-secor- leaving his ofice. III. Jerome added:
3ly desire is 10 examine the testimony 70 ascer-
q a criminal prosecution Efforts have been made
recently obtain the minutes Of the grand jury
IL criminal proceedings. and the courts have de-
nled this privilege TO the defendants There are
often grand jury inquiries in which il would be
cisauvantageous 70 The prosecution 10 have the
secret proceedings become public
The proceedings before SUPERINTENDENT Hendricks
were secret. II there any reasons Of public
policy wlv these proceedings should be disclosed.
.l my humble opinion. the question Of disclosing
gem should be left the charged with the
slrv Of determining that there were grounds for
St-rnlral proceedings against anybody interested.
E1Gt Il there existed reasons over ana beyond a
ETmiDal proceeding for making the testimony pub
Ec- ana this done without the knowledge OF
Ers District Attorney Wny should not publicity be
given to all the newspapers rather than 20 one Of
them And why should newspaper get this evil
aeuce when l. charged with the duty of ascertain
3nE = grounds for criminal action. had
been unable obtain the evidence. although have
nlale several Efforts 10 get il2 have to-day made
cFTlnrr and positive efforts. and yet in
newspaper what purporrs o be the very testimony
taken before Superintendent Hendricks.
The Official copy Of the testimony OF the hearing
hello hy Superintendent Hendricks had not reached
1lr Jerome's hands at the hour Of closing