New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-03-24

tho idea has gone forth that he is connected with
a general raid on insurance companies lie denied
yesterday that he was connected with any eNisths
uolicvholders committee, but would not say th'at
me was not forming an international committee 10
look into the affairs Of the Mutual Life His posi-
ton it was stated is for the development OF legll-
mate business along all conservative lines. lie
stands for the eradication Of evils where they exist
but is against any unwarranted and uniustihable
attacks on any insurance company. Mr.. Fish said
in part:
have not as yet committed myself to any exist
YES son FOR an active movement looking to the cleo
ton OF new insurance directors when the Legislal
provide a means where's the poiicyholders may
In the absence Of such legislation the present
boards with the proxies they are said TO nav, nave
Sos'er tlSS nocv could elect but small minority
of the boards and the companies would remain
There are men in the several boards who might
vel be retained: there are men who have retired
from them who should be returned. But legislation
make change if they desire.
The following statement was given out tonight
bv the Fowler committee OF the New-York Life In
surance Company:
The special committee has no further duty to per
form with respect 70 the Hamilton matters OF
political contributions. The committee has nothing
w be brought 1 Wt Tii TasBect TO these matters as they
in the hands of counsel acting under the direc-
tiun OF the board of trustees.
Tie committee is now engaged in the examination
or the dWerent departments or the business o. the
company.
The committee will have no announcements to
make except through its reports to the board from
time to time.
A motion was made yesterday before Judge
O'Sullivan, in Part l. General Sessions. by
Assistant District Attorney Rand for the inspec
ton Of the minutes of the grand jury relative to
the Indictment of Frederick A. Burnham. president;
George Durham, jr., vce-president and counsel,
and q. D. Eltridge, ce-president, Of the Mutual
Reserve Life Insurance Company. Mr.. Rand urged
as his reasons that he should know Of the evil
denCe against the defendants; that they do not
know Of the eFidence before the grand jury; that
there had been no hearing in the magistrates court
and tnat they had reason to believe that there was
Illegal evidence before the grand jury.
District Attorney Jerome opposed the motion and
stated that there constitutional right Of a
defendant 10 receive bill OF particulars to the
evidence given against him before the grand jury.
briefs viii be submitted in the case on Saturday,
March 81
The statement made yesterday by an officer
of the Equitable Life Assurance Society that the
trustees of that company would not be AFFECTED II
the courts should decide campaign contributions
constituted grand larceny It was pointed out that
the contributions which. the companys officers
made came OUT, Of the mysterious Z w. A Ac-
count No. g. which carried by the Mercantile
Trust Company. This fund or loan was repudlated
by President Morton when he took offce, and the
Hyde-AleNander faction had TO make it good.