. 4 GOOD MORHIHG Journal Circulation Yesterday Was- -Sbeersr southerly winds. . PRICE-FIVE-CENTSr .SWIFTS I -ESM Portland "-VtW-iwV' N1. in I i I Plant Will Have Capacity of ; X Five Hundred Cattle, One '''.; Thousand Sheep and One 3-Thoueand.Hoge Dally..,.; SIXTEEN HUJMDACBESi: ON PENINSULA THE SITE i . Alaska end OrientBuyers WU1 4 Draw Upon Ranges of- State and Sending Trainloads, Which Will Be Shipped to Extensive Stockyards. A great packing plant for Portland la assured. Swift Co. of Chicago wUl build a 11,060,000 plunt on th Peninsula, Louis F. Swift, . president of the com pany; and a number of his associate in Portlnnd yesterday and arranges merits ware concluded that will maka Portland the largest livestock center on the Pacific ooast ' "The company has ' acquired 1,808 acres on tUe peninsula. The plant will V- M.Ai.v.n ..,1 MAmnljila - T will Innlnria 'extensive stockyards.", said. Mr. Swift. "The object will be to supply the trade of th PMiifln muL Alulu and. the ''orient.- The output will depend -on the ability of the country. to supply tbs materials.' The capaolty of the plant wlU be BOO oattle, 1,600 sheep and 1.000 hogs dully." i. -,' ' ' : Mr. Swift said that Portland bad been selected because of the great productive country back of It. In this respect, ho v sKtd, it was better. than the sound coun try. The company win draw upon us , ranges of eastern and central Oregon, Washington; Idaho Montana.' Wyoming and Utah for livestock of all kinds. - Xrget la the world. . Swift Cor- Jar the largest packing -and refrigerating company in tlra world. Louie F. Swift, the head of the concern, lis the eldest son of the late - George y. Swift -of Chicago, whose genlns and .. industry xounoea me Dusiness ana oum ' It up to Us present proportions. lie la a roan of extreme. modetyr studiously T avoids publicity, and although be has 'made frequent trips to Portland In the last year, the statement given by him last evening to The Journal ta the first authoritative one he has made . to any ..newspaper regarding the plans and pur - oes of his company In Portland. . .'The published statment that this company has bonent the TTnlun Sleat company la an error. It is also untrue that ' any other parking company Is connected with our Portland undertak- ing, or that there la any mesk trust," -he said.-' - .-. The company's plant will employ 1,000 men. the largest number of employe in any packing house west of Kansaa City and Omaha. - The large - number Af acres required for this plant is partly due to the extensive area needed for stockyards. The company's buyers will be constantly In the field, and consign ments of sheep, hogs and cattle will be continuously moving In trainloads to Portland. It Is said there will be genu ine competition In buying on the ranges and farms, and for this 'reason the plant wilt be a good thing for the runoh- . men. ,:. ... , - ' . V .... Oanaid Keats and By-Products. , Canned meats and all the by-products Of . the packing house will be turned, out of the Portland plant. .There will lie i great quantities of tin, box lumber and printing used, In the manufacture ana marketing of canned moats, soups, lara, aelattne. glue, hair and hides. A pack ing plunt contributes a vast number of commodities to inn mrrrnitnaifle or me country. Wenh and inured 'meats form the bulk of the oulput, but when these are disposed of the - remainder "or an animal's . caress is reduced to some form of merchandise with the utmost economy. .Nothing la wasted. In the list of a rreat packing company's stock insy be found sofa pillows, mattresses, matches, buttons. . , '.. The Portland plsntwlllbe .located. Jn ground lying between and adjoining the rights of way of the Northern Pacific, Oreat Northernand OrttrA N." Co.i lines across the lower "peninsula. "When will the plant be bulltt" was asked. - " ' ' '. "When the railroads are ready for the business, the plant will be ready," waa tli reply. ' . ' ' . Ortat Tictory fo City. Negotiations for the peninsula Site for..lue.plantwore begun, more than six months ago, after , Hie . company's of ficials had made a careful canvass of the business situation, . transportation firospects and an exhaustive study of IVestock conditions In the Paclflo northwest.' The selection of Portland as the location for the plant la regarded as ono of the greatest commercial vic tories ever achieved by a Pacific coast city. Itsjsommerclal Importances Inestimable. .' Of a permanent charac ter, the plant will not only be a large employer of skilled labor and furnish a limitless market for Paclflo north west livestock, but It will grow steadily in proportion with the Increase of popu lation and productiveness of the-country and the Increasing capacity to ab sorb Its products. Its products will o to every community from Dawson City to old Maxtoo, and from Holser to I"e- XConUuued on-Pago Iwo. - ' BIGGEST Vjf EST Promised Great Branch of M 'Ml ' enasssnse. Mwiini ii . irrr MHMHin,A-WiHMMMaMMMMIri 'BC ' , ',,, ,. , , r- ' i,.. PORTLAND EXTENDS GLAD HAND TO WASHINGTON Commercial Excursion to California Dined, Toasted and Posted : , by Local Leaders Delegation Enjoys Immensely Every " y: "V T"r J; Minute of Its Stay In the Rose City.'s A reception charcterjstio of Oregon hospitality was, accorded the .excursion ists of - the commercial organisations of the principal cities of "Washington, en route to-southern California to booaM lor me norm west, wnen ineir apeciu train over ' the Northern Paclflo road rolled Into the Union -depot at 5:15 o'clock' yesterday afterMfcn. y The wel coming glad hand was extended by a commute from the- Commercial club. ?J Z?i lir n,i I1,!"111" relations and the upbuilding of the lowed toy a dinner and a ptibllo recep- p,clfl. Th. nnlM , .i,, tlon at the. Commercial club, which was thoroughly enloyed by host .and guest. A gratifying feature ot-tne.ciuo re ception waa the large attendance- of Portland men and women who gathered to meet the visitors f rnm.the. north and wish them Godspeed upon their, jour-, ney Into the ' Golden date state. Al though It was Intended as a most In formal affair, the majority of the men present, visitors Included, appeared at tired in evening dress. -Tne -.aomner color- of their sutt -was 'ar fine- setting for the dainty and brilliant gowns of the women, the green decorations of and tables and rooms making a -har monious blending of colors. ' ' - . --Appreciating the fact that the visitors were, about to follow the tralL blazed Into southern California by them when they' visited that atate.A.few weeks ago, the Oregon boosters gave advice and en couragement, ' . e-- . . Purpose of Ixcurston. F. W. liadbetter, president of the club, presided. To his right sat Gov ernor Albert ETMead of Olympla. It waa during . th - Introductory ana wet- coming remarks of Mr. Leadbetter and resoonses by Governor Mead and others that It was explained tnai me excur sion was-gotten up the same as was the tone from - thin state, not so .much to boom Washington aa to advertise the northwest, tell-the people or (janrornia of the boundless resources ot this sec tion of the United States and invite them to come north and see for them selves. . W.r F. ' Sater." traveling - passenger agent, nan cnarsja or . mo; imm imm Beattle. It reached Portland ahead-of time. It consists of a baggare-car, chairckr. two Pullman sleepers from Seattle, three from Taooma. a dining-car and an observation-car. . Krom here to southern California over ' the Houthern Paolftd road - tho ' special, wm ce m charge of WIIHam McMurray, assistant aeneral passenger agent. When the train arrived the following oommfUee- from the Commercial ciua and chsmber of commerce welcomed the excursionists: F. W.', Isdbetter, II. M. Cake, A. I Craig. A. 1. Charlton, Tom nichardson.' WUIUm McMurray and A, P, Tlfft. ' After, a photograph had been taken of the 00 vtsltora special cars were-taken to the -. Chambr r iof Com merce. There they were met : by K. U. Glltner, secretary of the chamber of commerce, and shownrfhe display on the soo-n4-ftoor""llalf an liour wss spent there, when the gnesta adjourned to the CommftrrUI cl"h " prQpr fnc iinwe,l Bialng-Booaa a Sower.'''' . The main dining-room had been pro Dared,, for. the dinner.. On . the. north. south and west side of the room the smaller .tables were arranged In the form of the three side of a square, it waa around this table that the men sat, facing the women, who were seated at smaller-tabic in the center. In . the entrance to the dining-room, an nrtliestra was stationed. The tables were daintily decorated with ' cut -flowers, . with gar nishments of green artistically, arranged among trie rovers, wnen cigars, wars reached President iaaneuer or the club welcomed the guests. y ' The best I csn wish you." continued Mr. L-eadbetter. "is thst you will have as good a time as we did when we went others as to the beauties; possibilities and richness ftf our country." He then Introduced Governor Mead, ( who said: Xespoase of Ooreraor Mead. 'We are having the time of our Uvea. And while I would like to do a lot of talking, 1 am generous enough to be willing to divide the time with St. Pat, rick or any or .. nia rricnns. ir your friend Tom' Richardson ; left . anything we are solus down there to get It; we are going to bring back.wiUi.ua any of ill ' Members of 'the Washington Party, BUSINESS MEN the relics we can . finat. in the state of gold. ' That we will probably have' a good time while we are gone is vouch safed in the following telegram from Charles Br Fea of .- San Francisco;" the head of the Southern Paclflo ' road. which . I will. read. Ha aaya: "'Asa dahgtited ta kaesr ha4 youraelf and party are en route - to - California. Such visits are mutually helpful ana Paclflo ooaat The people of California everywhere are anticipating your visit I-feei sure they will do everything In their power to make It pleasant and profitable. 1 trust your going Aver the road of a thousand wonders.- from Portland -te-ljos- Angelee.-wrllf prove one of continued and unalloyed ' pleasure. Let me warn you that we will, make good Callfomlans of you. If wo can " Governor Mead then said that he and hi party felt it an honor to be so hos pitably rocelytd and entertained by Port land people, and that every moment of the stop was being- enjoyed. " He said he felt certain that the jetty appropria tion bill would pas's, and that it would be a means of opening up a port that would rank with the beat In the world. He hoped to see Portland one of the largest commercial ports on the globe, adding:' "We will not be Jealous of Oregon; jre are faithful daughters of the state or yours;, we recosmlse our mother; we willingly admit it was through your state that the pathway to the northwest and our state wan biased, the path lead ing to me settlement of the northwest , Xnmas fo- Seattle, ' y r. G. It. Revel le, a Seattle attorney, waa next called upon. He paid special at tention to his native city, saying the time was coming when it would be the third largest city on this continent with New York and Chicago first and second in the order named, - He concluded with the remark -that Seattle and Portland wonld some day be one city, but until that dny rame would stand as one town commercially on the Pacific roast. "U-W. Pratt secretary of the Taroma chamber of coinmeree, was Introduced aa the booster of that city.) He said: "Whn we alighted from, the train we saw even, newsboys., wearing 'green in their, buttonholes a tribute to the KVergreen State." - After payuia-'hls respects to Portland and Its commercial 'bod lea, he good naturedly took Mr. Revelle to tank for boosting for Seattle and poking fun at Portland and Tacoma. adding:' " ' '.-"We. are. going south, to. buost.for the northwest' as a whole, to advance the Interests of , all the cities of the two great states, not singly, but collective ly. What will help one will help all, and what will boost t hern, will .advance the interests of the entire northwest", The concluding speech waa , by. Mr. (Continued oiiiVe Two- DEMAND OF VERY Taxpayers are demanding an explana tion of tlie extraordinary policy of the cfty council in. agreeing to d ID pose of the Front street franchise . for little more than one third of the sum Which was offered for It only 10 days ago., At that time the Willamette Valley Traction company offered to pay the city $50,000 cash for the franchise,, to 0e4.t2. the., city, at the end. Pfjjyeyeaxa me tracks to le constructed on Front street and to pay a tax of $1 on evory car passing over the line. When the city attorney made the remarkable ob jection, that tho. city could not legally accept the gift of the Front- street tracks, the Willamette company- offered In lieu -thereof to pay an additional $80, 000 cash, making its total offer $110,000 besides-the tsx of $1 per ear. which It Hi : estimated - would yield the - ctty at least $458,000 during the 25 years for whlult the franchise la ta run. . -; ..... ... :"-r : r i UponlTheir Arrival at the Union. Depots-Photograph by Journal Start Pnotographer. LEADS SEATTLE IN fffipMEs: PortlanoSQreatet.by.OneJrhou- sand Dollars a Month for ' Year, With Smaller Expense , FOUR HUNDREDlSIXTEENt TO FOUR HUNDRED FOUR It Costs" Seventy-One Thousand Dol- , lars to Cpxiduct Portland Poatoffice, t Seattle Stventy-Sii Thousand Dol- ,'-'V'", ...... . t. ' Portland's postofflce did ' a ' larger stamp business than Seattle's during the fiscal year ending June to, ltos, and at an appreciably smaller clerical -expense. The' laStraiMrr nrTneaudlt6r bf the postofflce department shows that . the stamp receipts of the local office were M1I.06J.2J. as against I404.67J.7I for 8eattl.'a difference of tlJ.119.J9 in favor Tof; PortIand,ort an' average of a little more than f 1,000 per month for the year. The same, report shows that the clerk hire for the' Portland office was 171, 0(3.08 for .the. fiscal fear, while it coat f?(,et.SJ to conduct the Seattle office. The difference-was t5,2.J, or an av erage of almost StOO'per month. That the business of the office Is con tinuing to- grow and gives promise et this time of passing the SSOO.OOO-mark by midnight on the night- of June SO, 10. Is . apparent by - the , monthly In creases, ihown during lmrJerr-1906, J and" January and- February' of this-year. The - Increase ' last .December over the last month of 104 was 10 per cent; 'January, , l0t, : over , January, 1906, JS per cent; Increase last month over Feb ruary, 1105, 25.2 per cent . ..-i'ajtasap Salee Orow..-.- . i The atamp sales for January aggre gated S47.84t.OS and for February, which had but 38 days as against 31 for January. : 845,178.24.' The dally re ceipts, for February Including Sundays and holidays,- were Sl.SlS.M. If that rate la continued throughout the fiscal yeac Of SOB days the total stamp bual- ess of the local office will aggregate 8588.881.15. . or about four times the business done last year by Spokane or Tacoma, more than that of Omaha or Columbus, i Ohio, and comparing favora bly with Denver and St. Paul, both of which are larger than Portland.' During' the calendar year. 1905 the focal - postofflce , did about 88,000,000 worth' of, business Iri the money order department. Postmaster. J. W. Mlnto says-that he expects , to see an Increase of from 25. to SO per cent In the postal business this 'year...'. ' ilia . lUIIUWlllp - ,.uni)l,l W .a.-.v shows ' the sale of stamps at the, main : (Continued on Page Eight) AN EXPLANATION PECULIAR - A t the em time-4he I'nlted Rail ways " was offering HSO.'GOO casV for the. Front , afreet franchise and about two miles of streetcar right of way on other, streets. ',. Both to TJse Street - The council now proposes to give the two-companies a Joint use of Front street the United Ralywaya to pay 81BO.O0O and- the Willamette .Traction f$nO,l)Oa.'TFurlhermorr"eachcompany Is to be permitted to make a awitchlng charge of $2.50 per ear each way on every, car belonging to any other per son or corporation. This last provision imposes upon the shippers of Portland for a quarter of a century to come a tax which the great majority of them regard as highly exorbitant. - The action of the 'council seems in capable of any reasonable -explanation. If the purpose was to secure as large a. return aa. poaelbla. for.tbe franchise. .,, ., i,.. n DICE SHAKING EOR TRADE FORBIDDEN BY THE MAYOR OF SEATTLE CigarJickel-in-the-SrotMachlnes -.-AlsdTaken-- Out Dealers - Threaten to Spend Fortune in Enforcing Blue Laws and Close Up Sound 'CltyT'gh''';.';;"" ' (SpeeUl Dletek U Tb JoornsL) , "Seattle. March lf.Mayor- Ballinger this afternoon Issued an order that dice shaking for trade and -all other forma of gambling to encourage trade oper ated In saloons and retail glgar stands tnnst cease at onoe. - Tim afternoon patrolmeo and a . sauad of detectives put the order into, affect at once. , Two daya ago Mayor Bellinger forced the saloonmen and cigar dealers to remove their- slot - machine. - - Within a - few hours . after - he did so the saloonmen and cigarmen replaced the machine with dice games'and did a flourishing trade. So defiant , were they of the mayor'a order that many of them commenced operating dice .games, that were, marked with card emblems and paid just aa they did on a alot machine. The . mayor's order - abolishing dice gamea this afternoon caused consterna tion ' among the cigar dealers. Joe Scblump, the most popular retail dealer in -Seattle, who owns three large retail cigar stands, closes his places of busi ness and declared that he would devote a considerable fortune he possesses to enforce every blue law on the statute books. Bchlump's friends are trying to Induce him to withdraw from bis atand and late tonight he opened up his places of business, still declaring be would have revenge. Within a few houra after Mayor Bal- llnger's order was put Into effect, George 'Mead Emory, representing the cigar dealers' association, called upon Mayor Ballinger and demanded that the cl"ttr J'r. hie llratsr--were' entitled ia w acut.wua itiriy. .XMr iroa-iuivni. : In the opinion- of - the ' attorney, eon- slsted in - enforcing all ' the blue laws. BIG DEFALCATION. IN GOTHAM POLICE OFFICE (Special Plspatrk by Iesstd Wire to The Joernal) New York. March 17. Rumors of a big defalcation In the police department set headquarters humming with gossip tday.- Commissioner Bingham, when the report wae mentioned to-him, said that It was true that he had discovered a shortage of 38,887 In the contingent fund for 1905. , "Of thie aum," declared the commis sioner,. "Mr. Howell, who was secretary to Commissioner McAdoo. owns, $1.00 It appears that Commissioner Bing ham has been doing some searching of the books and has unearthed some in teresting information as to the various sounds during the i McAdoo reign. .-For Instance, the short-lived vice squad, that succeeded in besmirching so many 'po licemen connected with if cost the city $1,840 In' expenses. These expenses in clude. the money spent by plain clothes men getting evidence against disorderly housua. purchases of wteanl f oodieeb hire and money paid to women. , FINANCE then It Is plain that a much greater revenue" would have resulted to the city from such a car tax as was offered by the Willamette ' company. If the pur pose was to make Front street an open and unrestricted avenue for the city's commerce.' then It wss an obvious mis take to allow the grantees 0f the fran chise to collect from shippers the heavy twitching charge provided .for t In the ordinances.. ,.. , .. ; - Ten daye age the United Railways had a decisive majority of the oouncllmen who were ready to ''give the company the first right of way over front street Mayor JLane sent for the representatives of the two corporations' and informed them that under no circumstances would any railroad company be permlted to acquire superior rights on Front street He warned them that If any- ordinance granting such-superior, rights to either Continued, en Page Two.) "istsWsiBVTn j ..inesnxeasssjsBssssBai, i . - -treigj He demanded 1 that the . mayor Issue an order to the police to. close all saToon theatres, restaurants and other places of business tomorrow. Mayor . Ball in ger refuaed to accede to the demands. declaring that ha wae satisfied that the prssecuting attorney could enforce the law trpon the statute book. ... ' r . The Rats 11 Cigar Dealers' association Will hold a. meeting on Wednesday. At an informal meeting tonight the more radical dealers were In favor of getting out warrants for every person who vio lated the Sunday closing law tomorrow. However, the majority wished to give Mayor-elect Moore, who will take office on Monday, a chance to allow the dloe games or slot machines to return. If he does not do so at WeJneaday'a meeting a fund will be raised to employ counsel and detectives to secure evidence to the end that all of the blue laws be strictly enforced. They declare they will close Seattle tight and force a repeal of the lawe at the meeting of the next legisla ture : . ; There is little chance of Mayor Moore allowing the slot machlnea or dice games to return. He . was elected largely through bis repeated pledge to close up Seattle and see. that all laws were en forced. The liberal element throughout the oity cut Moore. He received no sup port whatever among the liberal "ele ment He - waa elected by the church and business element - Mayor Moore, since bis election., has declared that he will give Seattle a closed town. ' The fact that the majority of the retail cigar men were openly supporting his. oppor hertfand offering to wager money on Ripllnger'a aucoess doea not put them In a- favorable- position to ask favors pf the new executive. L;: ROCKEFELLER GUARDED WITH A SEARCHLIGHT (Special Dispatch by Leased Wire to The Journal) Lakewood, N. J., March 17. A email army of curious persons marched on the country - place of John D. Rockefeller, near this resort today, where It was de clared that tho oil king bad been dwel ling In seclusion since February 8. - They were surprised at wuat they saw.- The orders of the. supreme court of Missouri are not valid In New Jersey, and con sequently MK Rockefeller, Is safe from subpoena-servers with the writs secured by-Attorney-General Hadley, so long as he does not cross the . bounds of the state.- ;-;.!' Mr. Rockefeller . has taken great pre cautions,- nevertheless, to guard himself from the minions of the kJssourt courts, He Is Bald -io fear that he may be kid naped and , taken out of the - state of New Jersey. To prevent such an event ha.oaa had a huge-searchlight Installed on the place, The searchlight rakes the r hole neighborhood- at nlgtirmnd makes It impossible for anyone to r.pproach the place - at night. Mr.' Rockefeller has been seen walking about the grounds several times this week.. HORSESHOERS JOIN. IN ' STAB LUMENS' STRIKE (gpeelal Dtstxtrb by Leased Wire' to Tbi Joeraal) -H8an- Francisco,- March- 17-. Six hundred horaeshoers this - mnrning joined In a sympathetic strike with the Stablemen's union. Isolated non-union shops, employ ing 30 men all told, had their doors open In Main street and It wae Impossible to get horses shoed, and this condition will probably continue until the stable-owners accede to the demands of the union. The only horses which msy be shod In the city Todd? reThos-ortire -ftre depart ment and United States mall service. Th demands of the stableman are for $2.60 per day and not more than if hours' work, and that not more- than 20 horses shall be tended by one hostler. Xairrlae Bagllak airL (JoHenst Sgerisl H-rrtr. ) Ixndon. March 17. Roar Admiral Joseph Foster of th Amnrtnart nnvy was married tixlay to Miss Joaephlii Jlullt. a Uravusond school mistress. i Fin 1.000 Men m m ifw TO WRITE OF ililti Judge Hamilton to Publish . Book on Insurance Reveal " ing Secrets of New York Life Management. THRILLlNGiDETAILS OF CURS AND TRAITOR PerkiniJlJeledtiieudaavJaM Brother ; the Perfect Lady antf Hornblower the Pecksniff and Talleyrand Trustees . Place Blame oo Dead President. - (Special Dsipatch by Lessee Wire to The Joaraallj Albany, N. T., March 17. Andy Ham ilton la to write a book. - Four of the chapters. It la statedr will bear tUe fol-. " lowing titles: ... "Hew Curs and Traitors Kilted John A- MoCaU."- , 1 "George W, Perkins, the Judas." . "Kdward R. Perkins, the - 'Perfect . Lady." !JIornblower, the Pecksniff and TaU .. ley rand." The book will, deal with. Insurant -mattera, and judging by Judge liamll ton'a recent speech before the Arm strong committee, wTIl no That ' sluAV . The astounding but real surface dls- closures made - by the VJudge" before . the Armstrong "committee on Thursday are, it is understood, to-be a prefaoe to . the -thrtimig details of Just how "Cura r and-TraitoTe"-Wer the president of the New York Life to his grave by -plotting for his financial end social overthrow; how George W. Perkins, while prstendlng to be McCall's loyal . friend, waa actually aeeklng to grab ' that officer's seat and how he waa aa elsted by his brother, Edward R-. stig- . matlsed by his critics aa the "perfect lady," and other members of the New , Tork . Life board . of . trintees, . Hernbiowar'a frantic daniala 4)t.Ham-l Uton's "yellow dog" charges, coupled with the establishment by New Tork directors of a "know nothing" party, ao far as the collection and disbursement of the "yellow dog" fund are concerned, has incensed Hamilton mightily and he , Is now engaged in the preparation not only of corroborative evidence of his accusations, but of a declaration of the peculiar roles played by each of the-' executive officers In the practices whlot ' he was charged with. Hamilton - intends "To- tell" trie Arm- --r strong committee, if permitted, or If not given a hearing, to disclose through, the press how during the period when ' John A. McCall was being charged witu having misappropriated the funds of the New York Life. Oeorge W. Perkins was patting him on the back, excusing and defending Mm and pledging- Mm--htn eternal devotion, while he waa secretly - forming a combination to throw blm out of the presidency. ' - TO BLAME M'CALL. Trustees of ST aw Tork Ufa ataxias; :. . Dead Presldsat Scapegoat. (Special Dlieateb by Leased Wire te The Josraatr New Tork, March 17. "Everv trus tee of the New Tork Ufa Insurance) company Is now engaged in trying to throw aU the blame for 'Andy Hamilton and the "yellow dog upon John A. Mc Call. ... "Hamilton is engaged In showing that every one of the trusteee of the com pany was thoroughly cognisant of th relations between th New Tork. Life and the legislative bureau which he headed. Hamilton evidently has all th better of it at this time, and will fore the trueteea to' show their hands before long." . Thla was the summing up "of the sit uation today by one closely Identified with the old regime of the New York Life. . ; . , Hamilton's atxplaaatlom. - "I always explained to President Mo Call -and the executive force what tfl expenditures were needed for," 'said"' Hamilton. "If I - were in Chicago and needed $5,000 I-wonld - drawSn drdef"" upon th company, I would r wire at one and tha comptroller would)1 lnatrnct th cashier to pay th money. . The money would be forwarded te Chicago and the voucher returned. - "This expenditure would then be car ried among the dally expenses, then car ried to the weekly atatement along with other Items and compared with like ex penses of the previous yoaf. .These statements ahu wonld show th amount ' expended from the beginning of th year down to date, so that there would b a " check from day to day, from week to week and from month to month. "Th requisitions and voochers. of course, were passed upon by th audit- -Ing committee and the board of trustees whenever they met It waa their busl ness to be In th office vrf,dy. That's what they wore paid for and l( la lmpotble for them to wrlgsle -u of the dllomrna tn Which they find them selves. Klther thoy did not attend Ij -dutlea for which thsy were paid or were fully aware of what I was doing - "In olther case they were guilty of culpable negligence." 1 All this aud mora Hamilton l r- r to testify to at the right time. I I not determined when he will I t t narmtlon or nm outer i'"P" ' i r.n pt-o.,ii-fd but aU are l;tt-iy d . ''on' i i : 1... : v .- .