The Washington times., 1906-02-09
OVER MILLION DUE
TO NEW YORK LIFE
Company Will Sue Mccall
and Hamilton.
JUDGE MAY BE EXTRADITED
Revelations by the Fowler Committee
Thought to Afford chrome Plenty
Material to Act On.

NEW YORK. Feb. s.-In a feariessly
',nrisi,e repert, which received the
nnsnfrnous aDrrovaI Of the board Of d.
rectors. the Fowler committee of the
New York Life Insurance Company
drops its plummet straight to the bottom
through the muddy depths Of queer
fnancferfng in which the names Of
Andrew Hamilton ard John a. Mccall
alike lie bsfoulsJt
rs tue result of months Of di!:gcnt
effort the committee finds that eXpeudi-
lures attributed 10 Andrew Hamilton
and his 50 called bureau of taxation and
legislation since the year 1896, none OF
which disbursements have been properly
accounted for, reach the enormous total
OF $3.50, 1880
Million Balance Left.
OF that aggregate, John 4 Mccall
has already indemaif3ed the company
in the sum OF S2S5, go by turning over
TO il his estate in Long Branch and
other property. That leaves balance
OF sl.o74.774S0 to be accounted for.
OF that sum, Andrew Hamilton is held
70 be directly liable in the amount or
S.So, 9S4,0l. Andrew Hamilton and John
A Mccall are found To be jointly ana
seVerally liable to account for S2lSs5Js lis
FAttSS CT the S-E3,UFf alFEauN Els-ue DfcC
20 the company's treasury in restitution
by Mr.. Mccall.
For the balance of S59.s10.79. paid out
from the profits Of the J. P. Morgan s.
Co Steel Syndicate participation TO cam
Gel certain demand notes given by Judge
Edward +. Mccall and Andrew Hamil-
ton and discounted by Andrew Hamil-
ten, the committee holds John a. Mccall
and George ". Perkins Jointly RESPONSE
bic on the ground that Mr.. Perkins, Mr.
Morgan business partner, and then the
nrSt vice president OF the New York
Life, personally made this irregular
payment while acting. as he aVerrea
under the authority of the company's
president, John A. Mccall.
OI Nj Perkins the report says.
Perkins Acted InnocentIy.
1t is only Just 70 Mr.. Perkins to say
that he acted in the matter in entire
good faith. that he knew nothing about
the notes or their origin: that from what
Mr.. Mccall told him he had reason TO
believe that they were in some way or
other connected with the business Of
the company; that he derived no benefit
from the transaction, and that his la
bility, If any. is technical legal one
After having taken due legal advice
me committee recommends that the
coEAp2nys law department. be instruct
"a immediately 20 take the necessary
legal steps to compel an accounting or
the sums named from all the persons
involved
Since the report received the pronpt
and unanimous in 49rsement of the board
OF directors. that recommendation now
has the force OF an order. and il means
that suits must Be immediately inStI-
t0ted 70 test the accounta bilitv not only
or Judge Andrew EanfIon. but also
OF John y Mccall and OF George W
Perkins. the cOmpany's late president
ana wee president, respectively
Wide Leak in Paris.
In addition to the large sums which
Charles p. Hughes inquisition showed
never had been properly accounted for
the Fowler committee found in the COM
pany's Paris Office entered under the
head OF Policy Fee Account" remit
tances of $4,000 TO John A Mccall and
of S54.5O0 to Andrew Hamilton since
the year 1860 Neither in the home Of
nee nor in the Paris branch has the
Fowler committee been able 10 discover
any clew TO Indicate why these sums
We're drawn
II Is the general belief that the report
contains abundant material for the dis
ulct attorneys Office and that Jerome
VIII now act There is considerable talk
OF bringing Hamilton back from Paris
by eNtradition. No less an authority