New-York tribune., 1910-03-22
WITNESS In A TRAP.
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state. and we hope with due diligence
AMI by exercising every possible effort %
pc able properly to protect thc interests
OF our associate.
In regard 10 the Grady reinsurance net,
il may not DE cut of place FOR me 90 give
YOU in perfect confidence statement
that has come 20 my knowledge ana
. "A which 4 conveyed a. the committee a
short time ago-namcly. the fact tllat the
Grady bin. having been brought out bN
certain reinsurance com panies and bdN-
ing been bought through the Legislature
tthc amount of the purchase even having
been Signified 20 mci has been placed
upon tho statute books with the absolute
and avowed understanding promise amt
contract that the parties who put the bhl
through viii defend ~ and take care tidt
il T. uot repealed until 1905; hence 2in
sure il will simply mean little longer
wait. and ihat 10 would be- futile for us
at This time 80 attempt its reucal can
give You some further little details IN
rsserd 90 this hll when J. nave me @p-
portunit,- Of seeing you M person, but
thc story - TOO long. and too delicate
one. 90 ga into too many details BY cor
respCndence. j. n. A. COEIREA.
How much was the amount of that
purcEcse urice. NJ. Ccrrea?' asked tae
superintendent.
Il don't know exactly. but II was
something more than - said CorreI,
his natural Iighthcav1edness returning
f. % a IninUte
bur Nh. Hotchkiss wasn't in the mood
for an- quiOblins. and also he misun-
degstcod the witness ana thought - sad
5000.
Witness Correets Mistake.
The witness saw his mistake ana cor
rected il. He explained az some length
that he had said 50" but that he named
that amount because he had no idea o.
the actual amount
Il only slnow now. that is. 2 only re-
member now" he said. that IL was gem
eral talk along the street that it was
strange two companies. the Only Bis
exclusively relnsurins companies here.
should seem to have move influence in
Albany than two hundreG-odd American
companies thai we.e going 10 lose money
l.v the proyiaiors of tae bill, which would
benefit only two companies. aud those
foreign ones
The Munich Reinsurance Company ana
the RCssi1 Insurance Company. the first
~ Muuica and the second or -. Peters
burg. Correa said were the two cOmpa
nies. and the Munich company. ne added.
made mo bones OF the tact that thev
were goins to pu- that biz through
They Had em-icyej expensive counse, 10
get il through. Re thought.
VINO were the coL-sel?" Mr.. Hotch-
kiss asked.
The witness said no couldn't remem-
bcr but he said that IA that year carl
J.. Sturhohn was the manager OF the
Rossia company and that car! Schreiner.
the MANAGE OF the Munich concern, was
tn man who told hi.a th3y th" Grady
tiI was going throuEh
Rierdon Seeks Vindieatio-
The morning session ~ the inquiry
was dragging along slowly and quietly
with William y. Kremer. president of
the German American Insurance Com
pany. on the stand. wheR james \. Rier-
don. who was IN 1901 the AssemblyTau
from the - Assembly District in New
York. entered abruptly with the an
nouncement that he was seeking light"
with him was Elijah r. Kennedy, who
testified last week that shortly after
letter from Asscmblyman Frank Julian
Price in 1901 waTuing him that a Mr..
Rierdon might Gail on him seeking
light" a man came into his office who
said ne was Ri"rdon.
Kennedy asked lIr. Hotctkiss If he
would pat him ON the stand TO allow HIN
n
stand and De promptly denied that the
man who ne had now learned was As
semblyman Ricrdon was the man who
called on him back in 1901.
DO YOU remember the appearance Of
the man who said be was Mr.. EierdoE.
who came 70 your Office seeking 'isht2'
asked Mr. HotchNiss-
"Only that he was q large man with
sandy hair" replied KENNEDY. He in
troduced himself as Ar. RierdoE. the As
semblymar.'
Ricrdon tool the stand Their. He is
rather short man. partly bald and his
remaining hair black. tinged with gray.
He announced that he is at prcSen. chief
clerk I'm the Mayors office. and was in
Iaat the Assemplymar from tac 2d As
Sc nlly District.
I'm here now seeking igHt, said
Rierdo7. as 20 Why my name was
dragged throush this miror
His Jlrst sight or Kennedy. he contiu-
ned was when nc went INTO that gentle
mans office i ha,f hoU- before. and he
couldn't understand hos. PIice had ever
dragged his name into TIN affair.
lie said that Louis Meister. o. New
York. and Justice James ]. McInerny.
If Iirooklvn. were his Two Democratic
associates on the Insurance Committee
IN 1901.
air Iotrhtiss suggested tlat T:ierdol: