New-York tribune., 1906-06-14
MUTUAL'S CIPHER CODE
JEROME NOW Has kEI.
Wr. Perkins Still Trustee OF NeSo
York Life.

"a. ,.,a+,on og the relations between
IIysander W. Lawrence s. Co ana the Niu'
Insurance Company, the grano Ju'y - -
cipher code used in the TRANSACTIONS "o
enabled the Mutual Life to supply money 70 An
drew Fields, 1t ascertained yesterday AI'i'
code was used on the shipping cards IL was DIS
covered by District Attorney Jerome VINO de-
manded and received the key.
In the code letters for figures. In one ex-
ample 10000 letterheads were supposed TO have
been shipped 70 the Mutual Life by Lysander W.
Lawrence & Co. To person acquainted with the
code, 1t evident that only 5000 had been
shipped and that the remaining 27,Ooo was paa-
ding which allowed Fields TO draw money from
the Mutual Life for his operations.
Lawyers for the Mutual Life have tried TO get
the missing books OF the supply department, which
Mr.. Jerome has. They hoped TO get from these
books material for complaint in the civil suit
against Fields and also for suits against Lysander
w. Lawrence e. Co. George McKibbin & Sons and
others The District Attorney has not returned the
books to the Mutual Life and IL was said that II
he did they would be Of little to the company
unless 1t could get hold of the books of Lysander
w. Lawrence & Co 1t was thought extremely I'M
probable that the latter company would put lts
books at the disposal Of the Mutual lawyers MI
Jerome, however is not expected TO return the
books because President Peabody had characterized
the work of the grand Jury mountain that
had labored and brought forth mouse.
George W. Perkins is still trustee Of the New
York Life Insurance Company, and there were in
dicatons at yesterdays meeting Of the trustees that
he would retain his correction with the company
until the legality of his Indictment could be deter
mined His resignation as a trustee was handed In
several months ago. but no action was taken to
cept 1t yesterday. Mr.. Perkins was not at the
meeting.
The trustees acted on the more recent resignation
of William b. .HOrnblOwer by nominating julius
F1eischmann, recently Mayor Of Cincinnati, 10 dn
the vacancy. Mr.. Fieischmann is president OF the
Market National Bank and the Union Grain and
Hay Company, OF Cincinnati He will be elected
trustee OF the New York Life at the next meeting.
1t learned that the Equitable Life Assurance
Society's officials had begun the task Of preparing
o thousand
holders, in compliance with the requirements for
mutualizng the company. The printing OF the nsts
IL said, had been provided for in contract
with the Rapid Advertising Machine Company
The directors of the Equitable Trust Company de-
clared a quarterly dividend OF per cent its
District Attorney Jerome consented TO let counsal
for Dr. William r. Gillette examine the minutes OF
the special grand jury far they related TO
the testimony Of DR. Gillette regarding affairs OF
the Mutual Life Insurance Company. Justice Scott
IN the Criminal Branch of the Supreme Court, also
consented. and a motion prepared by counsel was
withdrawn. Mr.. Jerome said later that he con-
sented because OF the decision of Justice Kenne1ok
in the Hummel case. that indicted person must
be permitted to see the minutes of his own te5t-
mony.
Friends OF Robert OIyphant said yesterday that
Mr.. Oyphant wished to contradict report that he
had given testimony against Dr. Gillette and Mr.
AS former official OF the Mutual Life. they said
Mr.. Olyphant had protected himself against in
dctment by declining TO pass any bills or vouchers
unless they had been ineorsed by either DR.. Gill
lette or Mr.. Granniss. Mr. Jerome said there had
been no promise of immunity 70 Nh. Olyphant-