The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-22
SPLIT IN FOWLER COMMITTEE.
NO AGREEMENT AS no WISDOM
or SUING HAMILTON.

pear beIOre the ItOuSeclcuncTs Auuo
Another Chapter TO Gable Loan Row.
There is a serious difference OF opinion
in the New York Life Insurance C~ompany's
self Investigating committee. One mem
Der, it is understood, regards the c~ompany's
action in bringing suit against Hamilton
without waiting to hear from him as hasty
and i'll advised.
Hamilton was served only with a SUM
mons, and it is said that the members OF the
Fowler committee don't know definitely
vet what is 10 be charged against him in
tine complaint, The events OF the last
week. Eanrilton'S assertions in regard to
responsibility Of the New York LIES audit
ing committee md OF the trustees in gen.
eral for the payments which were made to
him-have in g measure discounted the
findings Of the Fowler committee, and 1t is
understood thst the obiecting member
believes that the whole matter ought to
have been threshed out again before any
definite action was taken.
Every effort is being made by members
of the committee to keep things harmonious,
but the continued attacks by Hamilton
have had their effect. Persons familiar
with the New York Life situation said yes
terday that they would not be surprised II
the difference of opinion in the Fowler
committee reacted to the board Of trustees
itself.
Some Of the trustees feel very strongly
now in regard to the question of bringing
a suit against John A. McCall's estate, and
n attempt to push through a resolution
authorizing such an action would un-
doubleday start a bitter factional fight.
No name was mentioned yesterday In con-
nection with the dissension in the COM
mittee. but it was recalled that Judge
Andrew Hamilton has several times spoken
OF Hiram r. Steele as a man who a all
wavs been fair and impartial.
Hamilton Yesterday sen his reply to the
Fowler committees invitation to appear
before it. The letter Is addressed to Clar-
ence H. Maokav. acting chairman OF the
committee. Here 1t is:
Gentlemen: | am replying to the only COM
munication received by me from your body
since my return.
Il is doubtless quite evident that by this
time you should be yourselves setisiled that
the contained In your report OF
February T., 1903, in regard to your
ton Of my accounts are seriously wrong, ana
that when you rushed into print in order that
you might wear Il newspaper halo you had
not, as your report incorrectly states. OBJ
tanned all the information about this subject
that Is acct ssible,"
Your published interviews. which | take 10
be correct because | know the facts SO COW
cred, betray a startling loss of memory during
your deliberations upon the subject OF the
weekly audi for years OF my accounts by
some members OF your committee, and from
time TO time by other members OF the board
of trustees.
Documents in the company's ONCE fles 10
they nave not been suppressed .%oflclal action
spread upon the records OF yoursproceedings
and CORES ondence to which you must GER
tainly have had access have been deliberately
ignored by you to give to the Paris policy
fee account and to the refunded New YORK
tax collections a false color upon
which 10 base your unwarranted accusations.
Notwithstanding this l was prepared to
accept the suggestion contained IN your
letter--Wil you walk into my parlor? says
the spider to the fy"-when you. practically
retreated from your position in choosing to
proceed by the commencement of a civil
action against ME.
can appreciate that the events OF the last
week, so far as | have participated in them.
are not, perhaps. calculated 10 put you In q
judicial state of mind. | will therefore
-. -. Io,a., ohaIIapoa and meat ynl
accept your ia,es' ann Sui ~ ~ vanit1
IN a tribunal "hef. mel lii ~ ia ~
TO be uckled ana nescalts VIII oe "eio vi
an even balan &c. Yours truly,
ANDREW HAMILTON.
The Fowler investigating committee held
q meat;np soon after the letter was de-
- 80 NJ NyooLay hut tho oo,nmittae-
liVereo 10 mr.. hachay' ou' '"e oo''i''''e
men refused to discuss It,
Hamilton came back again yesterday at
Clarence Fl. Mackay. when | stated
vesterdav," said he, tina. Mr.. Mackay's
- -, -, or he
memory was eV loentiy very snort OF ne
would nave recalled meeting me in 1905
7 was misunderstood. | was quoted as
ho,;nn cold that Mr. Mackav was actin
naVtis .%N CanESnn;oi CohIo Co..
in behalt OF the 'orhmercial .ao'e eoih
pany, Of which he is the executive mead
when he made a loan OF about s., 600 600
s,or, tho Nav York Life. What | meant
~ aay vas that he represented the Com
" go cabls Rniidinp Comnanv.
aNnr NJ Hankav in denvinp that he
800 aaid he had not NEGOTIATED any
in re- Co. he Commeroiai Cable COMPANY
=" tha last ten years and that INV state
~ m,,st ha false. That was a bubble
n 70 NJ Mockay's mart.
aWWh.t ba nnsnad wes that the late John
waSau s,,npmnned ms into his office one