The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-04-04

was for naturalization ell right, but HE
plan was less radical than the membera
Of the other oommltteeproposed, and when
Mr., Hyde was brought around finally IL
wouldn't have looked very well for Mr..
Crimmins az a mutualiser 10 stand out all
alone against Mr.. Hyde and his own com
mitteemen.
so the Oommittee's recommendation
was unanimous, said this man.
FROM KUHN, LOEB a 90.
This statement. in reply 10 the state =
ments that have been made against Kuhn,
Loeb 4 Co. In regard 70 their sale Of the
Hartman bonds 70 the Equitable society
was given out at the Arm Offices yesterday:
Kuhn, Loeb a Go. have been selling bonds
10 the Mutual life, to the New York Life
and TO the Equitable Life and other large
Insurance. companies for the past twenty
Ave years. Their dealings with the Equit-
able have been in no way different from
those with other large insurance companies
and each and every transaction will stand
the ssarChlight turned upon It and the clos
est criticism. Why Kuhn, Loeb Co.
OF Mr. Schif should be drawn into the pres
ent controversy between two factions OF
the Equitable is beyond the understanding
Of the partners Of the firm, who AZ has
already been stated by Mr.. Sohih, have been
advised by eminent counsel that no reason
exists why their dealings with the Equitable
should not be continued in the future in the
same manner az they have been conducted
in the past
Whether or not President Als1adner will
define his attitude toward the proposed
naturalization plan within the next day or
two and satisfy Mr., Hyde's demand could
not be learned definitely, A man promi-
nent in the Alexander faction said
This fight is not over. Hyde's demand
for an investigation has weakened him and
strengthened our side State Supt. Hem
bricks may be sure that he will get all the
help possible from W. in his investigation.
We have not acceded TO the plan OF mutual
ization suggested on Saturday and cant
say at this time that we will.
This is the statement issued at State
Supt, HendHcks's Office
ANNOUNCEMENT BY THE DEPARTMENT
AT the request Of President james W.
Alexander Of the Equitable Life Assurance
Society. made to Superintendent OF lnsur-
ance Francis Hendricks on Feb. p last
Supt Hendricks began to-day genera
examination Of the condition and anairS
OF the society. as provided for in section 80
OF the insurance law. The section Of the
law under which the Superintendent OF
Insurance now acts reads IA follows:
Section ~. Examiners and Examinations
The Superintendent Of Insurance shall, as
often az he deems II eNpedient. appoint one
OF more competent persons not Officers OF
or connected with or interested IN any m
surance corporation doing business in this
State. other than a. policyholder, ns eN-
aminers to examine INTO the Affairs OF any
such corpora ton. such examiners may eA-
anime under on ia the Officers aud agents OF
any such corporation and its books. win
reference ia IL business. Every such cor
poration. its officers and agents, shan pro-
duoc lis books and all papers In its or their
possession relating 10 it, business OF HuHltN
for the inspection and examination Of such
examiners whenever required, ana shHll
facilitate such examination and aid the
examiners ia making the same 50 far ~ It l.
In their power 70 do so.
Every such examiner shall make a full
and true report OF every examination made
by him. verified by his oath. which report.
40 verified, shHll b. presumptiye evidence III
any action or proceeding in the name Of the
people against the corporation. its officers
or agents, Of the fact- stated therein. The
Superintendent shall grant hearing 10 the
corpora ton examined before Ming any
such report. and may withhold any such re-
port from public inspection for such time
as he may deem proper and may, II he deems
IL for the interest OF the public 20 do so. pub
lish any such report or the result OF any such
examination a. conta med therein. in one
or more newspapers Of the state.