The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-03-19
Hamilton Says Insurance Com
pany Trustees Must Dip
Deep" in Restoring. -
RYAN ASKS ODELL
n. TO PROTECT TRUST
Untermyer Calls on New York
Life Heads to Cease Proxy
Campaign.
journal Special Service.

Journal Special Service.
Albany, n, Y, March l9.-Wh1le de-
elining to make further statement
of his plans or the date OF ms ~; next
explosion, Judge Andrew Ham1lton, Al
commenting on the action OF the trus-
tees of the New York Life in deciding
to restore to the funds Of the company
the $l49,GOO donated to political cam
paigns. intilnates that they would
!have to dig deeper than that BE-
fore the end Of the controversy. he
would say no more, but 1t is under
stood that he might be prevailed upon
to call attention to some othe contrl-
buttons authorized by the trustees to
campaign funds the exact character OF
which were not disclosed by the testl-
mony before the Armstrong committee.
The Judge is supposed to be IN pos
session of list of these contributors,
Tho he will not admit the fact: AS the
he is believed to have distributed large
sums of money in state political cam
paigns, in the form of donations to the
state committees of both parties and
in bringing about the reelection of can
didates for the senate and assembly
who were friendly to the insurance in
terests and the defeat of other candl-
dates who were hostile to the same
interests.
The aggregate Of the sum. expended
BY the life insurance companies in this
manner is believed to be far in excess
of the sum which the trustees of the
New York Life have agreed to restore.
It might amount to 100000, and IN
any event is not less than $780, 900.
Only the Judge and the trustees know
the actual amount, the dates the con-
tributions were made and the persons
to whom the money was paid.
odell's Aid Invoked.
The aid Of Chairman Odell has been
invoked by the Ryan forces to shape
the reform bills reported by the Arm
way as to do as little harm as possibl
to the insurance combine. Odell has
not consented, but the attitude of some
of the men in the legislature who are
in close touch with him indicates more
- than a. passing interest IN the hsposl.
tion, of the Armstrong bills.
: There is no doubt that Odeu can ex:
ercise a pronounced influence or, the
conclusions of the legislature, on insur
ance. in spite Of Governor Higgins o.
anyone else He controls a majority
of the members of the insurance com
mittee in the senate, and of the thir
teen members of the same committed
in the assembly, he has, with the demo
Gratis, clear working majority.
Truce with Hartman.
= As these men understand the situa
tion, Thomas F. Ryan has sued for
truce with E. H. Hartman for wha
he regards as mutual protection. Harri
man is said to have assented, becaus
of his interest with the crowd con
trolling the Mutual.
Neither Ryan nor Hartman want
some of the bill proposed by tn
Armstrong committee, while they de
sire that certain sections Of those meas
ures be put thru in their presen
shape. This is particularly true Of sec
ton Is, dealing with naturalization, a
amended by the special committee. ]
this amendment goes thru it would b
of great advantage to Mr.. Ryan. Som
other features Of the new bills ar
equally important to the Mutual Grove
Hence it is important that the flu
strength of the influence at the con
mand of both Ryan and Hartman b
exerted to accomplish the desired enc