The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-17
HAMILTON TO HIT OUT AGAIN.
WILL PAY ESPECIAL ATTENTION
TO WIN. b.. HORNBLOWER.
Expected to Charge Him With Being the
InstiEator and Adviser OF the Fowler
Committee-The Two CIashed Ere.
quenuy-Trustees VIII Not He spared.

Albany, March I8.--Judge Andrew Ham
ilton Is not through with the New York
Life trustees. He will pay his respects
to them, and especially to William B, Horn
blower, again in the near future. but not
before the Armstrong insur ance com.
mittee.
Judge Hamilton's friends told to-day
why he Ia 80 bitter against Mr.. Hornblower
They say that one OF the chapters" prob
ably the next, which Hamilton has promised
to produce will treat largely of Mr.. Horn
blowers relations to the New York Life.
Hamilton feels that Mr.. Hornblower has
been the moving spirit behind the Fowler
investigating committee.
There has, Hamilton's friends said, bean
considerable feeling between Hamilton
and Mr.. Hornblower ever since the former
entered the employ Of the New York Life.
Hamilton referred in his speech before the
Armstrong committee to Mr.. Hornblower
as one Of the men who had approved the
pension voted to former President Beers
Of the New York Life.
The exact amount of this pension was
$3.50 a year. The legality of the pension
was passed Upon by Joseph H. Choate,
Ebenezer Cowan and Frederic r. Coudert,
as we'll as by Mr.. Hornblower. When
John A. Mccall became president of the
company he waS compelled to take some
action in regard to it because Of the num-
Der Of protests which he was receiving
from policyholders. He asked Hamilton's
opinion and the Judge said he thought 1t
was illegal.
The matter was placed in Judge Hamil-
toms hands with the result that his opinion
was sustained and the pension discon-
tinued.
A short time later DR.. s. H. Carney, one
Of the assistant medical directors of the
company, lost his job and brought suit
against the New York Life, alleging that
he had made a life contract with President
Beers. Hamilton's friends say that this
case was placed in the hands of Mr.. Horn
blower to defend, but that Hamilton inter-
rupted With suggestions before a decision
favorable to the company was handed
down.
In other cases also, Hamilton's friends
say, he ran up against Mr.. Hornblower,
Mr.. H%ornblower passed informally on the
constitutionality of the premium tax law
iilS 0uuBp iliil plONCh W oo
unconstitutional, with the result that $780,
GOO or $500, 900 was paid back to the New
York Life by the State.
Judge Hamilton in his forthcoming
chapter will, it is understood, touch on
these matters. He will declare that Mr..
Hornblower was largely responsible for
the appointment Of the Fowler investiga-
ting committee, that he introduced the
--aal.t;Aa - H. L~a.l - Ntoo, .~1
that the resolution itself contained the
names of the men who were to serve on
the committee.
1t is understood also that the Judge will
declare that Mr.. Hornblower advised the
committee in the selection Of its counsel
and that he was one of the moving spirits
behind the report which condemned Hamil-
ton and Mccall and held them liable. Hamil-
ton, his friends assert, will spare lone of
the trustees against whom he has evidence.
and his future Chapters it is declared,
will be well worth reading.
The actual work of perfecting the legis-
lation to be enacted at this session of the
Legislature to cure the insurance evils
will be begun in New York city next
Tuesday. At that time Senator Armstrong
and Assemblymen Rogers, Prentice, Cox
and Wainwright will meet Charles E.
Hughes, attorney OF the investigating COM
mittee.
These conferences will be private, ex-
cept when outside assistance is desired.
The members of the Legislature will take
all of the copy Of the arguments advanced
at the hearings and carefully consider
all changes that are suggested.
What change will be granted and made
are now beyond the comprehension of the
members and they will not forecast the
ultimate result. However, there is but
little hope for the trustees or officers OF
the life insurance companies getting any
thing material that they want,
The hearings closed to-day. To-day's
hearing was practically without incident.
Friends of Andrew Hamilton e~ndeavored in
vain to have him again appear before
the committee and reveal Chapter ii. in
his statement of life as a lobbyist.
The effect of Hamilton's statement yes
terday is viewed in different lights. Ono
member of the insurance committee says:
1t was thing | ever heard Of
Another member heard HIM say this and
said: My only regret is that he didn't see
fit to come before the committee when 1t
was in session in New York city with this
statement"
Senator Armstrong declined to-day to
discuss the Hamilton incident. Asked il
Hamilton would be asked to give Chapter II.
of the disclosures, Senator Armstrong said.
Il don't believe hat Hamilton can give
any statements that will perfect the legisla-
ton. While he might make statements
that would be interesting, still it is not likely
that he would tell anything that would
assist the committee in getting the business
in any different shape. OF course, as an
expert on insurance matters he might AVE
valuable suggestions to offer.
Il might say, though, that Paul Morton
is assisting the committee considerably
in securing public sentiment In favor Of the
bills. The letter that he Ia sending out to
the p~olioyholders Is having a good effect.
'Ihave on file quite a number Of them with
recommendations from the persons who
received the letters and who ask the CON-
mittee to pay no attention to such letters.
The letters are coming back to us in a form
that possibly Mr.. Morton did not antict-
pate when he caused them to be sent out.''
Hamilton, 1t is known, is disappointed
because the insurance officials have not