The Montgomery advertiser., 1906-03-16

his administration, coulu hft HOT thN teen years and not know what and how the expenditures that were made were to be made and how they were dis bursed?
 Remark that I say that when I dis bursed my expenditures not dollar was disbursed In a way that could be criticised and yet he and such like him sit, not judging me as peers, but Judg- ing me as conquerors, talking about ! yellow dog.
 Tn every administration of q great public concern there are many things l to be done which in the hurried line of duty and in the desire for victory | cannot always be delayed. But there never was a line or a thing that was done in the New York Life in my ad- ministration of my department but the executive officers. one and all were conscious of what the purpose was or what that object was and of what the expense was. I say this now and when look around I see their faces before me and challenge contradiction.
 Let us consider for a moment the criticism that has been made in regard ! to the payments that have been made to me upon my single voucher, Re- member I did not go in therre and own this company. 1 went in there as humble little lawyer, a country lawyer~-and I got In there because  and I beat him with all the legion or great names that he has around him and beat him single handed and | alone.
 Went on for Years.
 when the first month came and my voucher went in, that was the time to have said to me Sir. you have not sub mitted the proper voucher And | whose duty was it to do that? The | auditing committee of the trustees. Were they perfunctory? No! sala- ried, a special salary for chairman. an- other for deputy, a due compensation | for others that attended. Suppose they l had passed the first month. When the | accounts came in the vouchers were l there fin the hands of the comptroller. 1 And 1t came to second month and 1t l went to a fifth month, and 1t went to l A tenth month and 1t went to a year, l and all the time I was carrying for
 ward the business and the purposes and | the protection and saving money for these insurance companies.
 But the tenth mouth passed and. there was no objection. And the first
 year passed and there was no objec- tion; and the second year and the third year and the fourth and the firth. and the sixth and the seventh. and the eighth, the ninth and the tenth, and then when the cry came out they say
 Well. we did not know anything about lit. This is the fellow; this Is the man | that has done it all.
 If they had stopped; If they had per
 formed their duty when they should have done it; if It was duty-but mark, I am not assuming or assert ing or accepting that 1t was duty Tiff 1t was duty, they should have
 stopped 1t at it's inception. And when
 they continued and continued to stand
 by me. the faults, the blame, the re-
 sponsibility are theirs and not mine.
 was Never Criticized.
 T would have stopped the first
 month and If could not have per
 formed my duties without presenting
 detailed vouchers, I could have sur
 rendered by contract Never, as the
 evidence of your investigation shows.
 until you reached it, was there sln-
 gle criticism. Why, how could there
 be? They sat there meekly cashing
 the emoIuments that came. to them for
 the performance of their duty with the
 vouchers there under their noses and
 if they took them and looked at them.
 why then, they approved what was
 done, and I stand approved. If they
 did not take them and look at them' then they deceived me Into the assump-
 ton that they performed their duty
 and that they were satisfied with the manner and conditions of my ac-
 counts"
 l Judge Hamilton the invent on to | 'cOrreGt the press dbsOCldtlOhS
 he said nobody on the part of the com-
 pany has assumed to do, to the effect
 that what is called the Paris account
 was actually reported upon and passed
 upon by the auditing committee of the
 New York Life.
 And let me say further" he added,
 that never a dollar of New York Life g
 money passed through my hands to which I did not put my John Hitch
 cock.
 "You remember" continued the
 sneaker. the story of the steel trust
 dividend, that money was not paid tc
 me but was paid to J. r. Morgan and
 Company to take up some notes which
 I had discounted in order to pay fol
 facilities and for the purpose of the time, the obligations of the New York Life.
 Now 1t must not be said that the responsibility of this auditing can be
 confined to B. and C. During this long period of years there has been TO-
 tating membership: this time A. ana
 B.; next year B. and C. and next year D. and B., so that all ths knowledge has spread. 'It simply excites my laughter when } I hear the gentlemen assert those whH are here and in my hearing and others, that they did not know that AhGrew
 Hamilton was defending the New York 8 | Iieo ana inc Insurance interests gen f erallv throughout the United States Q behsIf of the principles which the f oeacers of the insurance companies be- . lIeved to be necessary for their sue s cess and for the benefit of the policy e Hamilton to the Rescue. n .,v,by 1T tbere was trouble and an
 agent would write from a far off coun' n trv and say, If this bill passes 1t Is n going to kill our business out here. g thev would rush In, you know. to the K President and say, Here's this agents f letter. for Heavens sake we will lost @ all our business out there,
 $ Well send for the Judge. All Q right. the Judge will come. Sit down. p well. what Is the trouble? Heavens D if this bill passes we might as wei Q get out of that state All right. WI . will have to see what the objections ' are to 1t; we will have to agitate; WI r will have the press do something; VI | will have the politicians do something 2 we will have the agents do something
 we will have the policy holders d
 something; we will get men of influ { once to go ahead and see if we cannO B beat It. and we would beat it. Thel
 inc word would come, It is beaten. an Q they would come in and pat me on tn e hack these men that would not knOy - me now. would come In and pat mo O r the back and say, You did it. CLaugh n ter and applause)
 h Now. about the vouchers. All e say about that is l did not keep tn Q (COntinued on Page TeH.)