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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 10, 1905)
J" rmmxtmx. VOL. XLV. !N0. 13,8S6. PORTLAND, OREGON, SATURDAY, JUNE 10, 1905. PRICE FIVE CENTS. PLEA FOR PEACE By ROOSEVELT Identical Note Sent Russia and Japan. ADVISED TO CLOSE WAR Both Nations Had Said it Would Be Welcome. SHOULD NEGOTIATE DIRECT Message Cabled Direct to Tokio and St. Petersburg Supported by All Powers, President Had Assurance of Success. WASHINGTON, June 9. An Identical note, the text of "which, toy authority of the President, was made public late to night at the White House by Secretary Loeb, has been forwarded to the govern ments of Russia and Japan by President Roosevelt. In the interest of humanity, the President urges the warring nations to conclude peace. It is suggested by the Presidont that the negotiations for peace be conducted "directly and exclusively" between the belligerent nations. The note Indicates the President's belief that an Intermediary may not be necessary to ef fect conclusive negotiations, but likewise expresses the President's willingness to do all that ho properly may do to promote the preliminary arrangements for a time and place for the meeting of representa tives of the Russian and Japanese govern ments. The following is the text of the dispatch: In Xainc or Civilized 'World. "The President feels that the time has come whon. In the interest of all mankind, he must endeavor to sec if it Is possible to bring to an end the terrible and lamentable -conflict now being waged. With both Russia and Japan the United States. Jias Inherited ties of friendship and good wllL It hopes for the prosper ity and welfare of each, uid It feels that the progress of the world is set back by the war between these two great nations. The Prosldcnt accordingly urges the Rus sian and Japanese govcrnmcnts,-not only for their own, sakes. but In the Interest of the whole civilized world, to open di rect negotiations for peace with one an other. Should Negotiate Directly. "The Prosldcnt suggests that these peace negotiations be conducted directly and exclusively between the bclllgcronts; in other words, that there may be a meet ing of Russian and Japanese plenipoten tiaries or delogatcs without any Interme diary. In order to sec if it Is not possible for these representatives of the two pow ers to agree to terms of peace. The Pres ident earnestly asks that the (Russian) (Japaneso) government do now agree to such a meeting, and Is asking the (Japa nese) (Russian) government to agree like wise. "While the President does notfeel that any intermediary should be called with respect to the peace negotiations thom selvps, he is entirely willing to do what he properly can. If the powers concerned fecl.that his services will be of effect. In arranging the preliminaries as to the time and place of mooting. But If ovon these preliminaries can be arranged di rectly botween the two powers, or In any ether way. the President will be glad, as his solo purpose Is to bring about a meet ing which the whole civilized world will pray may result in peace." "Welcomed by Bothatlons. The foregoing note was forwarded to the Russian ard Javanese governments yes terday, it Is rendered specially significant by the fact that It was prepared and sent only after assurances had bcon received from Toklo and St. Petersburg that such . proposition would be welcomed. While both Count Cassinl. the Russian Ambas sador, and Minister Takahlra. of Japan, were cognizant of the rature of the note. Jt was not sent to the respective govern ments through them. It was cabled by direction of the President to St. Peters burg and Toklo, and 'there delivered di rectly to the Russian and Japanese gev ernmonts respectively by Ambassador Meyer and Minister Grlscom. In addition to the assurances received ly President Roosevelt from Ambassador Meyor after his audience with the Czar, and from Minister Griscom. who had con ferred with the MlkaGo's government, the President had indicated to the rep resentatives of the two governments at this capital his intention. He also dis cussed tho subjoct with representatives othor foreign powers accredited to this capital. While no intimation of the at titude assumed toward, the proposition by either Count Cassinl or Mr. Takahiri is obtainable, it Is known that othor diplo mats with whom he President conferred cordially indorsed his intention. First Decisive Step to Peace. A formal reply to the note may not be received for several days, but. as already made clear, informal assurances that it would be welcomed are already at hand. In view of the slgnlficart character of the document and of the attitude toward it which both "Russia, afcd Japan have as sumed, It is regarded in official and diplo matic circles as the first firm and decisive step toward ultimate peace. At a late hour tonight Mr. Takahlra. Japanese Min ister, bad not been advised from -Tokio of the delivery of the President's mes sage to the Emperor, but he was expect ing a cable dispatch to thaj: effect at any moment. The Minister was able yesterday to transmit to the President a message from tho Mikado that Japan was. with .Russia, desirous of peace, provided It could be obtained under proper conditions. Kaiser Gave Valuable Aid. Baron Speck von Sternberg. German Ambassador, has throughout been- the President's right bower in the negotia tions, and as. the personal envoy of Em peror William has been able from the outset to assure the President, materially and heartily of the support of the Ger man Emperor in any effort to bring about peace. For days the German Em peror has been supplementing the ef forts of the President with communica tions to the Czar urging peace. Through Grand Duke Michael, who attended the wedding of the Crown Prince, the Em peror sent the most urgent advice to the Czar that peace in tho interest of Rus sia be concluded without further hos tilities. The close personal friendship between the President and the German Ambassador has been an Important fac tor in the preliminaries. Aware of the preference of Japan to communicate her peace terms to Russia directly, the President In the last few days has been active In counseling mod eration to Japan rather than in endeavor ing to draw from Toklo some statement of probable terms. At the Russian Embassy tonight Count Cassinl remained without advices from St. Petersburg, and he was unable to comment on any phase of the situation. CONFIDENT PEACE IS AT HAND Koosc-elts Efforts to Bring Belliger ents Together Succeeding. WASHINGTON, June 9. When Presi dent Roosevelt left Washington today on a two days' trip to Virginia, he was con fident that the effort to bring about ne gotiations for peace had boon successful, and that the final blow ia the Russo Japanese War had been struck. So deeply interested is he in bringing the two belligerent nations to a common un derstanding that he would not have left the White House at a time when the sit uation was so delicate, until he had ob tained assurances that his efforts to bring Russia and Japan into contact in an amicable spirit had been successfully concluded. While extreme reticence Is manifested In every official and diplomatic quarter. It is known authoritatively that the ex changes which have been in rrogress for the last ten days between the Washing ton government and tho powers of the world, including the two belligerents, have been successful to an unexpected degree. President Roosevelt, who has taken the lead In the negotiations, has been accorded the cordial support of the great Continental powers, Including Rus sia's nearest friend. France. The direct representations made through Ambassador Meyer at St. Petersburg to the Czar were received by Emperor Nich olas in a most friendly spirit. Toklo responded In an equally amicable way. So near are the two warring powers to amicable contact at this moment that In all Washington circles, official and dip lomatic, mere hopefulness has given way to notable optimism. It is not unlikely that within hours a definite statement of the situation may be Issued from St. Petersburg, Toklo. or Washington, which will throw clear light on it. It can be said that only Toklo remains yet. to be heard from re garding a phase of the negotiations. That the response of the Mikado's gov ernment will be favorable no doubt Is en-tcrtalnod. JAPAN'S TEUMS 'ARE STATED llussla Itcudy to Treat on That Basis and Armistice Likely. WASHINGTON, June 9. (Special.) Following tho receipt tonight by the State Department of the announcement by Minister Grlscom at Toklo that he had placed in tfie hands of the Mikado President Roosevelt's note regarding the cessation of the war and the ac knowledgement from Ambassador Meyer at St. Petersburg- that he had fully complied with his Instructions, wnlch was received by the State De partment this morning, the full text of President Roosevelt's communica tion to the Czar and Mikado was given out from the Whlto House tonight. Publication of the note is taken to moan that an armistice will be declared ani that negotiations for peace may be begun without delay. It corroborates the announcement last night that Japan's cardinal terms of settlement had been made "known to Russia and that the Czar had griven it to be under stood that he would receive an applica tion from President Roosevelt for a settlement of the war along these linos. This has only been accomplished aftor days ana night of earnest work by this Government and tae leading powors of Europe, working through taelr representatives here and at St. Petersburg and Toklo. There Is a feel ing tonight amounting almost to Ju bilation among the officials of the State Department and the Ministers and Am bassadors here who have been directly interested In the preliminary work and who believe that the belligerents will be brought together. The President is out of the city on a brief outing in Virginia. He had fought his good fight and went this morning to the ceunvry fastness in the shadow of the Blue Ridge, after pro viding that his application for pence should be gixen to the press Imme diately upon the receipt of the an nouncement that the originals were In the possession of the belligerent gov ernments. No additional information is vouchsafed, but it comes from an au thentic source that the President's work of over a week has been suc cessful in securing from Japan her terms of settlement and in arranging for their Informal presentation to Rus sia. There wcr delays that tried the souls of the President and the French Concluded ca Pact i- PRINCE ARTHUR I ! NIG British Candidate for Vacant Throne of Norway Is Strongly Urged. REPUBLIC IS ALTERNATIVE Swedish and- Danish Princes Decline Crown, and Convention May ' Choose Prcfldcnt Germany and Russia Object. SrECIAL, CABLE. LONDON, June K. Following the an nouncement at the Foreign Office yester day thay the British government would support Norway against the aggression of any foreign nation comes tho informa tion .that Great Britain Is planning for a tighter grip on the new independent na tion. Prince Arthur of Connaught is be ing urged in court circles in connection with the vacant Norwegian throne. Prince Arthur Is a prime favorite with the King and Queen and is generally esteemed." King Edward employs him In the royal service on every occaslon-of in terest and importance The Prince's lat est mission was to represent the British throne at the German Crown Prince's wedding. Prince Arthur is an officer of the Hus sars and an ardent student of the pro fession of arms. He lives quietly in St. Johns Wood, the well-known residential quarter of London. It is thought that his markculy simple habits and democratic temperament would recommend him to the Norwegian people. If Prince Arthur should become King of Norway, Great Britain would be par ticularly gratified, since his sistor. Prin cess Margaret, Li shortly to become the wife of the future King of Sweden. Such an arrangement would put British influ ence in Scandinavia ahead of that of all other outside powers and make good what this country has felt it might have lost as a result of the Swedish crown's losing hold of Norway. NOW PREPARES FOR REPUBLIC For Lack of King, Norway May Do Without Very Well. COPENHAGEN. June 9. All hope that King Oscar or Crown Prince Gustavo will yield to the request of the Norwegian Storthing to place a Prince of the house of Bemadottc on the throne of Norway has now disappeared. According to a high authority, the Danish royal family has also set tho rtamp of disapproval on the acceptance of the throne by a Dan ish Prince. It Is understood that arrangements arc actually being made for a national con vention, and this will Inevitably result la the declaration of a republic. According to well-informed persons here. Russia and Germany will refuse to recognize the Norwegian government un til King Oscar consents to the disrup tion of the union. Strong efforts are be ing made to secure similar action by other govermonts. including that of Den mark, and It Is said that these efforts are meeting with encouragement. The Norwegian press nd people, ac cording to advices received here, remain singularly undemonstrative. Premier Michelscn wants no demonstration, and today refused to permit a large proces sion of Christianlans in approval of the action of the Storthing. In refusing the Premier said: "It is too early to claim a victory which has not yet been definitely gained. Our most serious difficulties are probably ahead." Thousands of telegrams from all parts of the world are pouring In on Mr. Mich elsen and the Storthing, many of them coming from the United States and South Africa. King Oscar is quoted as saying that he ELECTED PHAISMAN OF EXECUTIVE COMMITTEE OF I EQUITABLE LIFE ASSURANCE SOCIETY t i TACI. MORTON. NOW SECRETARY" OF THE NAT. would avoid "war at any cost- Officials here say that the King and the Crown Prince bad been fully prepared for the action of the Storthing by Mr. Mlcbel sen. 'who informed them prior to His Majesty's velo -of the Consular bill what steps Norway intended to- take. NO IDEA OF WAR WITH SWEDEN Norwegian Statesmen Express De- " sire " for Friendship. CHRISTIANIA, June S. In statements made by Dr. Hagerup, ex-Premier; Mr. Berner, president of the Storthing; Mr. Ixjveland- the new foreign Minister, and other prominent Norwegian politicians, they all disavow- any idea of war with Sweden or of complications with for eign powers - Premier Berner declares that Norway will contlnue-..to preserve the strictest neutrality, keeping outside of all com binations with other nations and only endeavoring- to discuss with Sweden and Denmark the best' means of acting to gether for the common good. Quiet and order continue to be pre served everywhere. NEW FLAG FLIES IN NORWAY Great Enthusiasm, Salute and Sing ing of National Hymn. CHRISTIANIA. June S. The Norwegian tri-color was hoisted today over Akerhus fort and throughout the country In place of the union nag. The substitution was attended with great ceremony at the fort, where the members of the Storthing and 93,003 of the public were assembled. The garrison was paraded in front of the quar ters of the commandant of the fort, and the commandant read th resolution of the Storthing dissolving the union with Sweden. As the clock In the tower of the fort chimed 10, the union flag, which had floated there since 1SH. was hauled down, the troops presented arm, the band played the patriotic air. "Sons of Nor way," and after only a momentary In terim the first gun of a national salute boomed, the new flag was broken out and the troops ngaln presented -arms. The people then uncovered and cheered wild ly, the band adding to the general enthu siasm by playing the popular air, "Yes, We Love This Country." First one then another took up the words of the song until the whole crowd Joined, after which round after round of cheering again greeted the flag. Three cheers were next given for the' fatherland, and the singing of the national anthem concluded the ceremony. Baron von Wedel-Jarlsborc. who has been -the Minister of Norway and Sweden. at Madrid, and who is- a Norwegian, is leaving the Spanish capital today for Christlanla. He has telegraphed asking to be Immediately relieved from the post owing to the dissolution of the union. His example will ba followed by the Ministers at Washington and Rome, both of whom arc Norwegians. The government of Norway 'and the Storthing, continue to receive from all parts of the country expressions of grati tude for their .action, and the" communal authorities are. voting; addresses "approve Ing of the new regime. - A telegram from BJomstJcrne Bjornson, the Norwegian dramatist; published here today, sums up tho popular feeling as follows: "The address to- "the King Is an ex pression of the will of the entire Norwe gian people. The dissolution of the union is a blessing for the entire north." The Department of Commerce has fur nished all the Consuls-General with copies of the Storthing resolution, and has Invited them to notify their respec tive governments of the dissolution of the union. Minister of State Lovelands' appoint ment as Foreign Minister of Norway be comes effective June 15. The substitution of the Norwegian tri color for the union flag occurred through out the country with the same ceremony that characterized Its hoisting over the Akerhus fort. SWEDEN'S RIGHTS VIOLATED Premier Says Separation or King doms Requires Rcr Consent. STOCKHOLM. Jui.e 9.-Crown 'Prince Gustave, on his return from Berlin today, was met by the royal family, the Minis ter and a large crowd of people, who cheered him enthusiastically. The city is decorated with flags. King Oscar decided, at a meeting of the Council of State today, to summon the Riksdag for an extraordinary session. June SO. The Crown Prince was present at the sitting which had before it the resolution of the Norwegian Storthing, which the Premier denounces as revolutionary- . By this revolutionary proceeding, said the Premier, the Storthing has not only, without the co-operation of the King, but (Concluded on Page 3.) DISAGREE ABOUT BEEF TRUST CASE Government Attorneys Hold Divergent Opinions of Evidence. QUESTION OF CONVICTION Morrison Believes He Has Proor Beer Trust Violated Law, but - Pa gin Doubts It Rebates -Given by Aetna. CHICAGO. June 9.-(SpeclaL)-Unlted States District Attorney C. E. Morrison's continued absence In Washington, where he has been conferring with higher offi cials of the Department of Justice, and his difference of opinion with his assist ants as- to the value of the evidence ob tained, coupled with a suppressed threat to resign, have combined to cause a gen eral belief In Chicago that the Inquiry Into the methods of the beet trust will prove a fizzle. Is Evidence Strong Enough? It Is asserted from Washington that officials in the Department of Justice re fuse to accept the view of the District Attorney as to the Importance of the evi dence so far given and doubt that It is strong enough to convict, should indict ments be returned. It is said that the in vestigation has been practically brought to a standstill by the officials at Wash ington in regard to the alleged combina tion, but that some move will be made against the National Packing Company. In the meantime, the grand jury was instructed to carry out the programme originally made by the District Attor ney, and it Is now carefully examining the evidence In typewritten form. It is conceded by local Government officials that the grand Jurors will be compelled to await the return of the District Attor ney for advice -whether or not the proof Is strong enough to convict. It is possi ble that the grand Jury may content Itself with a report and no indictments. Claims Evidence of Rcbutcs. When Mr. Morrison and Assistant Attorney-General Pagin went to Washington, tney are said to have disagreed on the strength o! the evidence. Mr. Morrison bases. bis. belief Jn the, importance oftbe- evidence on tne discovery or me insiae workings of-the Aetna Trading Company and the National Packing Company, and documentary evidence concerning railroad rebates. Six trunks tilled with the private books of tue Aetna Company are In pos session of the District Attorney, and through a professional bank examiner he discovered the system used In keeping these books. The grand Jurors heard one witness this morning. He Is said to have come from Kansas City.? Two other men were heard this afternoon. Their testimony Is said to be voluntary. GOES TO REST IN VIRGINIA PRESIDENT IS SPENDING FEW DAYS ON ALBEMARLE FARM. Tract or Woodland Bought by 3Irs. Roosevelt Gives Relaxation From Peace Negotiations. CHARLOTTESVILLE, Va.. June 3. President Roosevelt paid today hl3 first vlst to the Albemarle farm, which Mrs. Roosevelt recently purchased from Will iam X. Wilmer. a New York banker, and which she purposes using for short visits at any time she may feel like leaving Washington for rest and quiet. Small crowds gathered at several points on the way. The President left the train on which he came from Washington at Red Hill, a little 'station nine miles south of Char lottesville; where he was met by Mr. Wilmer. The President rode horseback to the farm of Mr. Wilmer, 12 miles dis tant, to Join Mrs. Roosevelt. The President will remain in Albemarle until Monday, he and Mrs. Roosevelt di viding their time between the homes of the Wilmer brothers and the modest lit tle two-story dwelling on the tract of land which Mrs. Roosevelt recently pur chased. This farm Is situated one and one-half miles cast of Keene Postofflce, In the southern portion of the county, and six or eight miles north of Scottsvllle. The residence, which has recently been improved to suit the 'needs and tastes of Mrs. Roosevelt, Is deep In the heart of the woods. Mrs. Roosevelt reached Red Hill yes terday afternoon from Washington. OFF TO- HER VIRGINIA FARM President Visits 3Irs. Roosevelt's New Home in Virginia. WASHINGTON. 'Juss , 5. President Roosevelt left Washington today on a brief trip to Rapldan, Va.. where he will be the guest of Joseph Wilmer, an old friend of himself and Mrs. Roosevelt. Mrs. Roosevelt, who recently purchased a tract of nearly 200 acres of woodland adjoining Mr. Wilmer's farm, left here yesterday for the Wilmer home, accom panied by Surgeon-General Rixey. The President and Mrs. Roosevelt will remain there probably until Sunday night or Monday morning, unless the President's presence In Washington should, become a matter of urgency before that time. The President was accompanied only by M. A. Latta. his personal atepog rapher, and Frank H. Tyree, one of the secret service officers stationed at the White House. The President traveled In a regular Pullman car Instead of in a private car. The small children of the President and Mrs. Roosevelt left, for Coaeecut oa a brief visit to friends prior to going to Oyster Bay for the Summer. The President would have accompanied his wife, but he had several important engagements with foreign Ambassadors interested in the peace problem between Russia and Japan. At the White House the greatest secrecy surrounds Mrs. Roosevelt' going away yesterday, and the arrangements for tho President's quiet departure todayr Secretary Loeb 13 silent as to the President's trip to Vir ginia and also Its object. AS PILGRIMS TO THE FAIR California -Knight Templars Will Make Portland Their Mecca. SAN FRANCISCO, June 9.-(Speclal.) A meeting 'of the chief officers of .the com manderles of Knights Templar of this" city and Oakland was held today for the purpose of arranging for a pilgrimage to tho Lewis and Clark Exposition at Portland during July. Organisation was effected by the selection of Eminent Sir O. F. WcstphaU California Commandery, as chairman; Eminent Sir R. W. Meek. Oakland Commander, as vice-chairman, and Sir W. L. Growell. as secretary. The usual committees were appointed and alt matters pertaining to the trip will be shortly arranged. The plan Is to make It a big excursion of all the Knights Tem plar of the state. CR0KER IS COMING HOME "Former Boss Will Reach New York for 3Iayoralty Fight. NEW YORK. June 9. The Herald to morrow will say: Richard Croker will return to New York with Mrs.'Croker and their three children, who are now visiting on his Irish estate near Dublin. The time' of his arrival In this city, which hence forth is to be his home for a part of each year, will be co Incident with the opening of the Mayor alty campaign. Weaver Appoints Advisors. PHILADELPHIA. June 3,-rMayor Wea ver tonight announced the appointment of an advisory committee of it of the most prominent business men of Phila delphia. CONTENTS TODAY'S FAPER The Weather. TODAY'S Fair. Northwest wind. . TC ESTE R D ATS Maximum temperature. 77 dep.; minimum. 53. Precipitation, none. The War in the Far East. Admiral Enquest'a report to Czar on naval battle. Page 2. Russian ships betas disarmed at Manila. Page U. Czar's message of thanks- to Bojestvensky. Page 2. . Roosevelt's dispatch to Czar and Mlkade ad vising peace. Page 1. Both belligerents hare renounced willing ness to negotiate. -Page 1. Japan's terms already outlined and armistice expected. Page 1. "Alt European powers aid In peace - move .m'ent. Page J. v Norway and Sweden. Britain proposes Prince Arthur for King of Norway-. Page 1. Swedish and Danish Princes refuse Nor wegian throne and Norway prepares to establish republic Page 1. Kaiser and Czar will not recognize disunion. Page 1. New Norwegian flag hoisted. Page 1. Norwegian diplomats going home. Page 1. Foreign. France and Germany will negotiate on Mo rocco. Page 4. Great preparations for royal wedding In England. ( Page 4. Russia.- , Czar resolved to make peace It possible. Page 3. Fear of revolution among bureaucrats. Page 3. Deadly riots at Moscow and Minsk. Page 3. Zemstvos Congress awaits Czar's answer. Page 3. NatiooaL Bowen wants to continue Loomls investiga tion in Venezuela. Page 3. President and Mrs. Roosevelt In Virginia. Page 1. Attprneys In beef trust Inquiry disagree. Page I. Domestic. Appeal of Patrick, the murderer, rejected. Page 4. Paul Morton elected chairman of Equitable. Hyde sells out stock and policy-holders will control. Page 1. Editorial convention starts for Portland. Page 5. Ambassador Choate welcomed home. Page 3. Sport. Entries for the handicap field meet at Fair grounds. Page . Track meet at Salem claimed in advance by both Eugene and Corvallis. Page 3. Pacific Coast. Prominent Minnesota banker to be tried for timber land fraud In Washington. Page C. Money for Lewlston-Grangevllle electric line raised and work will begin at once. Page 6. Seattle and Ballard women at outs over so cial position at Fair. Page u. Doctors row over territory of practice at Weston. Page 6. Oregon City will come to Fair In force. Page C Faker .makes rich haul in San Francisco. Page C. Commercial and Marine. Wool season in Oregon practically ended. Page 13. Poultry trade on better basis. Page 13. California demand for wheat. Page 13. Expansion in general trade. Page 13. New Tork stock market stagnant. Page 15. Active trading- In barley at San Francisco. Page 13. Chicago wheat market closes higher. Page 13. Ship Henriette work9 herself out of danger near North Head. Page 7. High water prevents work on Elder wreck. Page 7. Ship bound here may have witnessed great naval battle. Page . Xewls and Clark Exposition. Oddfellows have parade and celebrate, at the Fair. Page 10. Southern Oregon cities have day at Exposi tion. Page 11. ' - Commercial Travelers arrange for their day at the Centennial. Page 11. -Social functions at the Exposition. Page 10. Portland and Vicinity. Uljs Wavel Cunningham commits suicide by turnlhg'on the gas. Page 10. Monte Carlo opens for pool-selling near MU- waukle today. Page- 11. V,'. A. Storey protests against excluding trucks from Fair grounds and against what he says Is unjust taxation. Page 11. Business of Portland Postofflce shows large Increase. Page 5. Holm Is the star witness for the defense In the slaughter-house case. Page 3. If street railway does not pave between Its rails on First street its franchise will be attacked. Page 14. Mayor-elect Lane goes to Balser City to avoid the Job-hunters. Page 1. Zimmerman and Merrill tell -why they re gard the meat ordinance as good. Page 3. Juvenile Court will hold -its first session to ' day. Page 3 ' ENDS III STRIPE N EQUITABLE Morton Elected Chair man of Board. HYDE SELLS HIS CONTROL Majority of Stock Goes to Ryan for Policy-Holders. LEADING OFFICERS RESIGN Syndicate Headed by Rynn Bays Hyde Stock to Mutuallze Hyde nnd Alexander Both Out. Cleveland a Trustee. NEW TORK. June 9. Paul Morton., who retires from the Secretaryship o the Navy on July 1, was today elected chairman of the board of directors of the Equitable Life Assurance Society. His election marks the first and most important step in the reorganization of the society, and was followed by the tender of the resig nation or President James W. Alexan der, Vice-President James H. Hyde, Sec ond Vice-President Gage B. Tarbell, Third Vice-President George T. "Wilson and 1 Fourth Vice-President William H. Mcln tyre. It Is known that Brayton Ives, who was from the outset of the controversy on the side of the conservative element, protested against some of the proceedings of the meeting and Is believed to have voted against Mr. Morton's election. The new chairman, to quote Senator Depcw, did not consent to take office un til he had received positive assurances that he would have a "free hand as to measures and men." Mr. Hyde "divested" himself of the ma jority control, but as made clear in his letter to the board, retains a substantial interest In the society. All of the resignations submitted to the meeting are subject to the pleasure of Chairman Morton, and none has yet been accepted. Just what action Mr. Morton will take as to these resignations was not disclosed, but It was strongly Inti mated that President Alexander and Vice-Presidents Tarbell, "Wilson and Mc Intyre retired with the belief that their executive relations with the Equitable had ended. Purclmsers of Hyde Stock." The interests to which Mr. Hyde dis posed of his stock number some two score Individuals, led by Thomas F. Ryan, vice-president of the Morton Trust Com pany, which has close relations with the Mutual Life Insurance Company, one of the Equitable Society's principal rivals. Mr. Ryan is said to be heavily Insured In the Equitable, as are, according to re ports, many of the others who acted with him in the purchase of the Hyde, holdings. The price paid for the Hyde estate stock, which is to be trusteed practically In perpetuity, was not disclosed, but esti mates vary from 53.500,000 to J5.000.000. In addition to the 502 shares held by the Hyde estate, which Includes the widow of Henri" B. Hyde, founder of the society, and his daughter, Vice-President Hyde is said tp hold between 160 and 170 shares, and it Is these holdings which Mr. Unter meyer refers to as the "substantial In terests" which his client retains. Mr. Untermeyer makes this statement rela tive to the Hyde Interests in a statement quoted below. He has since the begin ning of the Equitable controversy acted as Mr. Hyde's counsel. New Trustees of Majority Stock. The men requested to hold the major ity of the stock by Mr. Ryan are: Ex President Grover Cleveland. George Westlnghouse, of Pittsburg, and Morgan J. O'Brien, recently elevated to the Chief Justiceship of the Appellate Division of the Supreme Court of this .district. Mr. Ryan Is the acknowledged head of the Metropolitan Traction Company, and a fortnight ago induced Mr. Morton to ally himself with this company as the operating chief of the New York Railway Company, by whfch title the Metropolitan surface lines and their affiliated com panies In Manhattan and the Bronx are corporately known. Concerning the pur chase of the Equitable stock and the dis position of It, Mr. Ryan said: Ryan AVI 1 1 Mutuallze Company. In connection with some other policy-holders who. like myself, have never had any re lations with the Equitable except as policy holders, I hare purchased from Mr. Hyde & majority of the stock of that society. We have made this purchase for the sake of patting an end to the present unfortunate . condition of the company's affairs, not only in the interest of the policy-holders, but for the general business interests of the entire country. We purpose, upon receiving- tho stock, to Immediately divest ourselves of all voting power and accomplish In substance and effect the plan of mutuallzation already approved by the superintendent of insurance. We propose to do this by conveying the stock to a board of trustees, composed of men of such character as to command uni versal confidence and having: no connection with Wall street, with power to vote the stock for the election of directors as to 23 directors In accordance with the instruc tions of the policy-holders of .the society and s.j to the remaining; 21 directors in accord ance with the- uncontrolled Judgment of the trustees. This will at once accomplish the object of putUng the control of the company In t&a -Concluded on 'Page 4.). I