New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1906-02-14
Insurance HEADS
MAY Be INDICTED
GRAND JURY TO TAKE HAND
IN M'CALL-HAMILTO
CASE.
STATE ADMINISTRATION
IS kEENLY INTERESTED
Should Mayer Action Not Satisfy,
New York Officials Will Doubtless
Conduct Investigation - Political
Contributions Said to Be Theme

| New York, Feb. IL. - Following the
return Of Attorney General Julius NJ.
Mayer from Albany it is learned that
| the state administration is keenly in
terested in the possible criminal phases
| of the Andrew Hamilton expenditures
in the New York Life Insurance COM
pany as disclosed by the report of the
Fowler Investigating committee. It
was even limited that the indictment Of
Hamilton by special grand jury called
by the governor and his eXtraditiOn on
charges Of grand larceny may be consid
cred in the near future, unless this course
is rendered unnecessary by similar ac-
ton on the part of District Attorney Je
rome.
The proceeding in such case is for
the governor, either on the application
OF the attorney general or otherwise, to
appoint a special prosecutor in connec-
ton with the assembling of the special
grand jury, but such an undertaking is
seldom if ever put through unless the
state officials are convinced that the
local district attorney has failed to act
! within reasonable time.
Mayer Gives Interview.
What Judge Mayer thinks of the dis
closures against both John A. Mccall
and Hamilton contained in the Fowler
committees report may be judged from
an interview that he granted at his Of
flee here. He said: ''The character of
the report of the Fowler committee for
thoroughness and candor is most en-
couraging, and indicates the good faith
of the committee"
"Have you arrived at any conclusion
as to political contributions" he was
asked.
Yes, was the reply. After study
ing the legal propositions involved,
am convinced that the courts will hold
that the payment Of political contribu-
| lions was unauthorized and in violation
OF law. I have no reason to believe that
a contrary view is entertained by the
Investigating committees of the insur-
ance companies
do you place Legislative expenses
| for which no satisfactory accounting is
rendered in the same category as po-
| litical contributions" was another
| question.
81 do replied the attorney general.
Engaged in Another Phase.
Pending the decision of the state au-
take up the Hamilton expenditures in.
dependently of District Attorney Je-
rome, Judge Mayer is engaged with the
| civil side of the life insurance matter.
The report which the trustees of the
| New York Life adopted at the meeting
on Thursday contained recommends
! lions that suits be brought to recover or
obtain an accounting for some 81 ,074,-
| TIA of the money Hamilton spent, and
il is the announced policy of the attor-
| ney general to allow the trustees of the
| companies to bring such suits of their
own accord it they care to do SO. The
question, therefore, whether he will in
| stitute suits against New York Life trus
tees on account Of these matters will de-
! pend on the result of whatever suits the
company may bring.
Confidence in Committee.
Judge Mayer, it is learned, has con-
| fidence in the Fowler committee and its
counsel, but the probability that John
A. Mccall and Hamilton would never be
able to satisfy judgments for the mon
ey Hamilton spent, even if judgments
were obtained in all cases, has brought
up the ultimate question of the respon-
sibility of the New York Life trustees
themselves. 1t may be said that if such
situation arose, after the determine
ton of the proposed litigation against
Mccall and Hamilton, the courts would
be asked to determine whether the trus-
tees were not required to make good the
difference between the total illegal pay
nents and the amount recovered
Davidson Quits Service.