Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1906-01-06

Ryan today told OF the manner IN
which Il. II. Hartman, the bully OF
Wall street, tried to force him to give
up half of the Hyde stock by using his
influence with the Republican State I'D.
ministration as club.
give me. half OF the stock of the
Equitable Society or I will destroy Its
value and fight you with all the finan
cial and political power at my com.
mand," is the gist OF what Hartman
said to Ryan, according to the latter'a
testimony.
This information was given the leg.
islative insurance investigation com
mittee with something of reserve but
with no apparent reluctance.
The decision OF District Attorney Je.
rome to hayeSim indicted IL he did not
answer the committees questions had
been all that Ryan was waiting for, up
parently, and he told clearly and plain.
ly the substance Of the conversations
between Hartman and himself.
Elihu Root, now in President Roose-
velts Cabinet, and Paul ID. Cravath,
Ryan's personal counsel, were present
ut one OF these interviews, and, while
IL Is improbable that Root will be called
TO the stand, future developments may
force the committee to ask for his tes-
timony.
Gays Hartman Was Furious.
Il. III. Hartman was painted vividly
by Ryan in his testimony as a man half
mad with rage over losing the excel.
lent opportunity to obtain control OF
the Equitable Society and its vast
funds. Ryan described several of the
intaryfnWE ag Stranunna aud thIa IN r,
acterization was undoubtedly conserv.
alive.
Hartman demanded half the HYDE
stock and used the threats he had found
effective in Wall street on many occa-
hions, II was declared. Ryan needed no
jog to his memory to recall the manner
In which the introduction OF the Amb.
Ter bill In Albany had caused James
HaZen Hyde TO give up $4,000. He
knew that the club Hartman was
swinging about his head had been used
before In Wall street with frightful
results, but ha refused to yield up any
part OF his spoils to Wall streets bull.
ly.
Hartman mentioned legislative &C.
tlon as one OF the means he would EN-.
ploy against Ryan TO ruin him IL the
Hyde stock were not split up equally
between them. He did not mention
specifically an investigation commit
lee and gave no hint OF the exact ma.
trre OF his course OF revenge. The ap.
pointment OF the joint legislative com.
rittee Is regarded as the fulfillment
OF his threat, however, and is taken as
evidence OF his power.
Ignored Harriman's Demands.
Hartman wanted one.hali of the
stock and said he would agree to trus-
tee II II he were permitted to name
two OF the trustees. He also wanted
10 vote the controlling stock in the
election OF directors Of the society
Ryan refused to consider the PROPOSE.
tion In any form. however, and liz.
nored Harriman's demands. He was
warned that he would not be able 10
carry out his plans without Harriman's
aid.
At the conclusion OF Ryan's testl-
mony, Chairman Armstrong thanked
him and said that he had been recalled
only because the committee wanted 10
get all the facts.
Senator John F. Dryden Of New Jer,
sey, president OF the Prudential Insur
ance Company of America, was called
TO the witness stand after Ryan left
and the remainder Of the day was de.
voted 10 the investigation OF this com,
pany. which. like the Metropolitan Life
Insurance Company OF this city and the
John Hancock Company, does an in.
duStripl business almost wholly. The
Prudential was shown to be one Of the
strongest Of the companies in New Jer
sey, controlling the Union Bank, in.
torested deeply in the public service
corporation, to which Ii made enormous
loans, and in practical control Of the
Fidelity Trust Company.
United States Senator Dryden admit
ted payments amounting TO $4,000
made 10 the Republican National Cam
palgn Committee in the last three Pres
IdenIial campaigns. Payments had
also been made to Andrew Hamilton
tor legislative work done by him. The
character OF the business done was
shown TO be similar to that of the Met.
TOpOlitan Life with the same eXces.
sive premiums in weekly installmenls
snd the same large percentage of
lapses.
Ryan was the first witness of the
day
Hartman Interviews.
What did Mr., Hartman say to you
about sharing the Hyde stock?" asked
Mr.. Hughes, counsel for the committee.
Immediately after my purchase of
the stock" said Mr.. Ryan, "Mr. Har
riman called on me. We had several
conversations. Mr.. Hartman said that
| should not have come into the situa.
M L.
ought to let him have an equal share