The times and democrat. [volume] (Orangeburg, S.C.) 1881-current, 1906-01-03


corporation represented at legis'a
tive halls is the signal for renewed
Vigor in the attacks Of blackmailers
and cranks, and unfortunately mem
bers of the legislative body are IRE.
quently deaf to reasoning where non
voting or corporate interest Is at stake.
Where it becomes necessary, we have
often bad occasion to employ the col.
umDs of the public press for discreet
edvocacy Of our views; this method mas
been found to be very eficaciou', but
it has also been FUND very expensive.
have found that in my work in every
leg slative body in the United States
there was as large a proportion OF
honest men as there is IN any body OF
men,in any walk Of life. Permit me
also to state that In nv work l have
not found 1t 30 difficult to defeat black
msilers. A man who is out to black.
mail corporate interests in generally
well known and his character thorough
" understood. These men never re-
tain influence for any length of time,
and ! have found that requests to the
honest members of the Legislature for
help 10 defeating the blackmailer are
always readily and caeerfully granted"
A statement of money received by
Mr. Hamilton shows total OF e27O,.
$50 for the years from 1899 to 1908
| He calls attention to an expense OF
sS3, 100 for retainers and newspaper
articles" in 1904 and says large por.
tion of this expense was occasioned by
an attempt to create public sentiment
throughout the United States in ia
vor of national supervision OF insur-
ance. Under the same heading S97,-
600 is CHARGED for 1905 and the in
creast was due, he says, primarily to
tne troubles in the Equitable Life As
surance Society.
In concluding his statement, Mr,
Hamilton says that 1.-THE injuncttons
of the president Of the New York
Life to me were always Enthusiastically
explicit that my expenditures and my
work were to ba strictly confined With
In the limitations Of the law OF the
land. These instructions have been
faithfully followed to the letter. There
has never been a disbursen ent made
by me of the company's funds which
trespasse d upon the instructions given
ms by the president Of this company
and I want it thoroughly understood
that not one dollar OF any moneys
ever paid to me by the New York
Life Insurance Company has been USED
improperly or fol improper purposes,
or in a way that transgressed either
the statutory law or the moral law"
A statement of legal expenditures
other than those to Hamilton vas
produced by Mr.. Mccall, showing q
total Tor such expenditures of 81, lO3,.
92O from 1901 to 1905. T.
Secretary Mccall was questioned by
Mr.. Hughes as to what further light
he could throw on the statement OF
Mr.. Hamilton, but he said he could
give no information. He did not
question Mr.. Hamilton's figures nor
the large amounts for travelling ex'
penses. He asked Mr.. Hamilton for
q full statement ard relied on bis
honesty to explain everything. BE
did insist that Mr.. Hamilton produce
checks or check books, but Mr.. Ham
ilron said he had none.
When Mr.. Mccall was excused
Henry D. Appleton, OF the State In
surance department., was called. He
was told that Mr.. Morgan, former
president of the Bankers Life Insur-
a1cs Company, had testified that Mr.
Appleton had sad it would cost the
B ankers' Life ESQ. 900 to reincorpor-
ate. Mr.. Appleton somewhat heated
ly said: If Mr.. Morgan said that, me
ls a liar"
He was called to order by Chairman
Armstrong.
LOUIS F. Payn, former superinten-
dent of insurance Of tne State OF New
York was sled to the stand late In
the day and explained large number
Of appointments Of confidential exam
liners on the ground that an unusual
number of examinations we're made
during his tenure Of office.
Mr.. Hughes produced list. which
showed that In 1892, two examinations
were made, and IN 1898 Two more
were made, while in 1899, the last
year of Mr.. Payu's administration the
number had not been brought out
when adjournment was taken. The
aff4irs OF the Mutual Reserve Life
Insurance Company were taken up
with the witness, and during this
line Of examination Mr.. Payne stated
that be hal been oppose1 to Mr..
Burnham as president Of the Mutual
Reserve, and said he had tried to get
him out.
Mr.. Hughes asked why he had tried
to get him out and Mr.. PAyn fAtly
stated because I thought him a
crook"
A point of interest IN insurance
matters developed In the Courts to:
day when Justice Greenbaum, In the
Supreme Court, granted more.
The Court granted a. writ of man
damus to Clarence 81. Venne' and one
hundred other policy holders. direct.