Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-06-07
MORE DIRECTORS QUIZ
designations From Board Of
Directors of the Equitable
Are Coming Fast
HYDE CLAIMS CONSPIRACY
He Says cassatt Is in League With
E. H. Hartman to Deprive Him Of
Control CT the stock-Much Interest
centers in the Election Of Chair
man of the Board.


New York, June -Four more d.
rectors of the Equitable Life Assur
ance Society announced their resigna
lions from the board yesterday. They
are A. j. Cassatt, president Of the
Pennsylvania railroad; John Sloane,
d. o. Mills and John A. Stewart. This
makes ten who have Withdrawn, the
others being Il. III. Hartman, M T..
ingalls,, I. j. Coolidge, Jacob H. Schiff,
Cornelius n. Bliss and Henry G..
Prick.
1t is practically certain that there
will be four or five more designations
at the adjourned meeting of the board,
which has been called this afternoon
to elect chairman with plenary pow
er over the affairs of the society AMI
reorganize the boards and executive
committee.
Cassatt is accused by Hyde of being
in conspiracy with E. H. Hartman ami
others to deprive him of his stock con-
troll, and thus indirectly further the
interests Of the Pennsylvania Harri-
man railroads in their fight against
SiSoi sc u. 'Ioolu III llIc VI GSl. Ills IGS
ignation has been expected by Hyde
ever since he left the meeting last Fri
day.
Stewart, Cassatt and Mills are
members of the committee of seven
named at last Fridays meeting and
authorized to select candidate for the
Craftsmanship of the board. T. j. Cooi-
idge, who announced his resignation
on Monday, also is member Of tn s
committee.
The seven were to have selected a
candidate at today's meeting, but that
vi be impossible, as the committee
never has been organized, and only
two members are 'left-August Belmont
and ]. p. Morgan. Robert T. Lincoln,
announced yesterday that he would not
serve
Special efforts, 1t is said, are being
made to get Secretary of the Treas
ury Shaw to consider the position
George w. Perkins name also is mer :
toned as one Of the men Hyde had
been approached, it is asserted. had
asked for time to consider the propo-
sition or had given Hyde to under
stand that they would not accept the
place under any circumstances If Their
election were to be accomplished in
any way that would lead the public
to suppose they were under obligation S
to him or indirectly committed to SUP
port him.
Will Have Full Swing.
Hyde probably will go into the meet
ing and ask for the appointment of j
new nominating committee and the
postponement of the action in regard
to the election of a chairman. 1t Is
likely that most of the men who hay c
left the board and who are opposed TO
Hyde will not attend the meeting s.t
all, so thai l1a can do as he pleases.
One of the reports current today
was that. Static Superintendent Hen
bricks intends to demand the retire :
ment of every one Of the dummy direc :
tors on the board. 1t is also said that
that the understanding that he is to
for many of the designations Every
director WHO has gone out of the board
thus far with the exception of Stew
art, is cla.ssed in. the dummy class.
Superintendent of Banks Frederick
D. Kilburn was downtown visiting the
offices of some of the prominent fac
tors in the Equitable scandal today.
The disclosures Of the Prick committee
report regarding the Equitable's bank
ing relations with certain subsidiary
companies is said to have been the
cause of his tour.
Hyde Turns Twenty nine.
Today is Hydes 10Th birthday
Interest in the resignation of Cassatt
is to some extent offset by the story
which accompanied the news of it,
and which had to do with the scene be-
tween Cornelius N. Bliss and Jacob Fl.
Schiff at last Fridays meeting, when
the Frick committees report was voted
down by the supporters Of young Mr..
Hyde
While the Prick report did not, in the
estimation of many bear so heavily
upon Schitf or his side partner, Harr-
man. as it should have borne, there
nevertheless was enough in 1t to arouse
the ire Of Schiff, and he, according TO
disclosures today, directed the current
Of his wrath toward Bliss.
Schiff, by the way, is So years old,
and Bliss is 73.
Bliss Shows Fight.
The report showed how :Schiff's firm,
Kuhn, Loeb & Co., had organized syr-