The sun., 1908-03-19
UNDER FIRE AT ALBANT.
Resolution Providing for . Joint Commit
tee 20 Investigate Jackson.


ALBANY. March IS The attaches and
others connected with the ofice OF Attorney
General William Schuyler jackson were
thrown into a state Of CONSERVATION to-day
when Senator Martin |. SAIe rep, N. ~
introduced a resolution providing for a
legislative investigation Of the office and
Of Attorney General jackson. The course
Of the Attorney General In making re-
ceiverships of big New York city financial
institutions for his friends has resulted
in a powerful interest deciding TO fight
back and 20 throw light on the methods
OF the Attorney General Although Sena-
tor SAKE declines TO make known who is
behind his resolution, II is generally con-
ceded that il emanated from a source that
has been collecting evidence against the
Acknowledgement and has it in shape 10
spring it upon the public.
This is the first time in years that the
Office Of an elective State officer has been
the subject Of a resolution providing for
a legislative investigation. As the time
for the introduction Of resolutions in the
Assembly has expired Speaker Wadsworth
has some doubt al TO whether or not the
Assembly can receive the resolution II il
passes the Senate. However, 1t is claimed
that this resolution Is privileged one and
coming from the Senate the lower house
will have 10 act upon II.
The resolution doesn' spare the Attorney
General but in plain language tells Of the
necessity for probing him and his depart
ment. The resolution was referred TO the
Finance Committee. When the evidence
that is being collected against the Attorney
General Ia presented. It ia said, nothing
can stop the passage Of the resolution in
either house.
Senator SAKE saws he has consulted with
a number Of flnanciers and knows their
opinion Of the Attorney General and his
conduct Of his Office in dealing with fnan-
cial institutions. He says there are all
sorts Of stories being circulated and pub
lished and IL the resolution is acted upon
favorably II will prove their truth or falsity,
He contends that the Attorney General,
if he has been acting In a proper manner,
should not fear an investigation Of himself
or his department The resolution is as
follows
Whereas during the recent panic a large
number OF iinsnuial institutions Ia the city
OF New York were compelled to suspend
payment. to the loss and embarrassment Of
many solvent corporations and individuals
doing business in the State OF New York,
and
Whereas Il has been widely charged
both In and out Of courts OF justice and
also in the public press that the office Of the
Attorney General OF the State Of New
York has been used by the present lnoum-
bent thereof. his associates, deputies and
other agents TO burden. embarrass and
oppress the trade and commerce OF the
state and 10 obstruct the due administration
OF the laws; that the said officials have at
tempted TO prevent the resumption OF
solvent banks aud trust companies
temporarily embarrassed by the late
manic, 70 the great injury OF thousands OF
depostors and stockholders thereof: that
applications for the appointment OF tenn
porary and permanent receivers have been
made outside OF the judicial districts where
the institutions concerned had their prin-
cipal place Of business; that endeavors on
the part OF depositoTs and stockholders Of
such companies to rehsblhtate the same
have In many instances been discouraged
and frustrated; that the said Attorney
General has procured the appointment
Of personal and political favorites and fol-
lowers and Of unfit. unframed and improper
persons to act as receivers for said banks
and trust companies or as counsel or other
agents Of such receivers. In some cases by
Arrangement and understanding with per-
sons representing political organizations,
and in some cases for personal and private
reasons only. but generally contrary 20 the
true Interests Of said insolvent companies,
their deposltors and stockholders; that
aid receivers, counsel and other agents have
demanded and received. and are now de-