New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-03-23
DEFENCE OF AUDITORS
By FOWLER COMMITTEE.
Insurance Reformers ARsJCer Ham
iIton Philippe IN Long Letter.

an accounting Tor expenditures exceeding ST.
100000 is desired a portion OF the letter may
be considered a defence OF the auditing COM
mittee. which Hamilton assailed so bitterly in
his Albany speech a week ago
The committee declares that it has suppressed
no papers in the cOmpany's possession because
trustees might be implicated. II declares that
there Will 5e no shielding OF trustees If state
n1ents from Hamilton should show that they had
knowledge Of improper transactions The efforts
which the committee made TO obtain Hamfton's
presence before it are set forth by much of ths
correspondence that passed
The letter was decided on a. rueetirg which
the committee held yesterday Afternoon I'm the
Hanover Bank Building. 1t is said that there
was some difference Of opinion as TO the adj
visibility OF writing the letter. AZ least ona
member Of the committee thought that 10
reply should be made The lcaI decision was
that Justice 10 the committee demanded a
full answer. The letter was drawn up with
the assistance Of John = l-iouru. and was
signed by Clarence II 1Ilck-y. who, In the ab-
sence Of Thomas P. Fowler IN Europe IS aet-
ing as temporary chairman It was sent to
Judge Hamilton at Albany by messenger. Ths
letter reads in full as follows.
Andrew Hamilton. esq. albany. \. Y
~ siT I 3 3m aree'ed @ 9y Sae special comm zee
and TO send YOU this reply At the hrst meeting o.,
sent you. by registered mail. letter Under date %
March 9. 1906. OF which the following Is a copy
New York, March g. 1sos
Andrew Hamilton. esq. Albany, n Y
OF trustees OF the SeW YoT IIfs Tasra5es 1 ne 1 CO
Pa nRany regrets tnaI yoI LelL unable TO comply Win
your accounts with the company was under invzs-i-
reported to the board Of trustees rec5nlrnesli..
that an action be brought against yOl for ac-
had passed into your hands during the last ten
and directions given t55t de Setio1 be rs 5ro-fr
FEEL tlst h ,s Ss, an - % ne Le ss goes e
wishes 70 assure you that n you desire 70 be heard
hearing. Ths committee would IKE 70 be advised
truly. ?' "SsS As cIaRENSE yfoh f e25SiPe a MAc e
"Acting Chairman.'
That letter was received IN Albany on March ~.
as your aEsnt At tSe same 9a y time the Somntts
to 6e brousRt asa1st v6 S o fbs ne SosG so ~
to defer the service OF papers until you had
Having waited until Monday, March IS. Without
must g o so Ss H2q I6 u TasTfw 57s that TeqGs E
@o95 HSG5F9gs gs the 25 S9es t re IN the hope that e
before it. 'O--77- OF 'i9 opportunity TO aPPe'f
The committee. as you VIII recall has endeavored
tSSuuSnce inIorua uon which YOU alone give O.
money placed IN your hands % On 0 JaaSaT lag SIPa4y &
e9rI I9I0T5ng cao!s vas sent TO AIE Ingerson. taa
,"sPecial committee board OF trustees requires
port to board Of moneys " rsceved @ 4 R 5 h15 ng 55
mediate return. Committee has authentic irf5r--I m @
u0n that ne Is physically able 10 come Dou-
10 thiS the following cable was received nom Mr.
Ingersou In reply; ''
Pas 4our La sq6e sosf refGeygd i Party IN question is in
[[1Tned [T Have LEFT note for him asking FOR uset-
special committees request.T '--'-' VII
09 0 ne following day Mr.. Ingersou further cable
.Conflrrning my yesterdays cable unable to n
Tsg5+s ~ 9LseSIlon yesterday IN spite Of several
fHs y9qr ca cable saying desired interview at oace
ing was Informed he b95 iia{ ir s st n95e this mo-
sd5rsssS sS-''T 70 SCUM or France DID net leave
ter feTday probably g written last evening aeaoSls
his 1sT{ PI o. ny note ana informing me becaUsr
once as requested, and again assures board Of tr
attend attend their sessions Do you desire that eH55,
special means 70 dnd out his whe-ea oouts qs '''
M ne go,loTlns Is copy OF the letter you wrots
..,,- Hotel d, d,Athsnee. Paris. Januarvs 8 1919
voI ry .tS Dear Mt Ingerson: have just receive
Sfr F 59JyfT containing copy Of the cablegran from
LHe New York Lite Insurance Companv I roeTs+ -
physical ability because OF -authentic iTf % my
board ~ tTsFss sources ana must again assure the
eG soon as possible attend their sessions; but that
YY5II Y IIelE perennptory demand 70 return at once
The cOmmittse desired volr DSass IAslIILION
was charged with the duty ascsrCainins 1ot S1i.
S' S5n T2P R3Peys you Rad received but what You had
pears fro tI S CI Ias Armstrong committee as a5-
us proceedings on the 18th day OF Noven5sr Io,S -
"QThe COMMITTEES IS desi-ous of bsSiI s iHatioai
6ursed as 5O the nose Iy n2neys waie3 have been dis
any vouchers other than tIs rsCsi-1r. - "-Tn9l
Hamilton, and 70 know what the moneys have bes tS
used tor. WIN you take steps 70 procure sucb an
accounting? Al shall do my best, Mr. FIugEes -
Own you instruct Judge Hamilton - So
II ne Is physically able do so? Ar that Is tbs
wish OF the committee. 7 shall make il known 10
"Q.-Forthwith2 AT once
MI HQghes-That is all. Mr. Mccall II "a tra
return and TESTIFY and in the failure 81 bs - rs sal
ing and testfyng on account OF any physicaI dis
HlIy an accounting should be had OF these moneys
-ne W NlJneSS-l shall at 40 fusr 7 Eev.,
stated will notify him OF the wish OF the com, con-
and shan endeavor 70 obtain an accountine b,1+
course. that cannot control him %
I Ihus the main question before the committee a.,
conpany's moneys. amounting to a5oGT 81 So III, .a
VINCE MLlSSa ~ one way or another had come into vou..
tel - 70 the great bulk or them Sonne1b9v 90.
nsf5 - ~ s I Itoa your vouchers 70 have been
\ the $4,000 or thereabouts received fo- 49, 80
rosSl5,Sa & yOug .eslSlaJlve bureau sin1E'
\ on what you had done with the money Fy-e- n
TEsIy one OF these receipts had been exanlins b.
\ closed nothing as TO the particular uses 70 r+--
~ TTs -I@ money 4I me persons 10 whom you paid
time 70 time were being paid 10 on 49, - 80
~ S6gs 5SSteo ana en-aged IN the legal service o,
TTecoTas or books or the company. that there Va
were engaged IN any suca work Won y u -..@I you
ONSI J.led % observe that OF the 81 80 d1 0re
in connection with v0ur iarfSfSt-ts ts-Sltel o. Z9-
/ Voucners YOU slgned for The various SUMS s-v~e
I you did not, read that YOU were TO acco.lrr t-t
,- - - ,-t L.Lile you were acting iu Iasal
/ estate purchases and mortgase loans IT1=-s v'1-
s-o reso.i LoF any one On the auditing c3l--tee ~
@ Nj SIS Terms OF the vouchers. though you L1v5
Then there is the sum OF $500 vou used 7,, 40
/ the check given YOU iu June. 1901 v-frT v-ae-L -
. pay the coupany's state tax ana vbf-r "..-Sa "..-Sa &c