The History of Tammany Hall: Second EditionMyers, Gustavus
History
The History of Tammany Hall: Second Edition
Myers, Gustavus
New York (N.Y.) -- Politics and government; Tammany Hall (Political organization)
On January 18, 1910, the New York _Evening Post_ published certain
facts the purport of which tended to show that State Senator Jotham P.
Allds, when Republican leader of the Assembly, in 1901, had been bribed
to assist in killing certain legislation to which bridge construction
companies objected. The Senate was forced to investigate, and Allds
hastily resigned, but the Senate on March 29, 1910, sustained the
charge of bribery by a vote of 40 to 9.
It was well understood that this virtuous action was “a sacrifice” and
an ostentatious sop to public opinion; many more legislators than he
were implicated in charges of corruption. Meanwhile, Mr. Hotchkiss
was persisting in his investigation. In the course of Mr. Hotchkiss’
inquiry, on March 22, 1910, testimony developed the fact that for
twenty years or more, “firebug” funds had been raised by insurance
companies and lavishly distributed among legislators at Albany and that
those companies had employed one William H. Buckley to act as “watcher”
on “strike bills” introduced in the Legislature at Albany. Buckley
admitted that at a time after only three years’ admission to the bar,
he had received $27,000 from insurance companies for representing them
during the sessions of the Legislature.
One of the bills introduced in the Legislature was a measure fathered
by Senator Thomas F. Grady, a noted Tammany leader, celebrated as
the chief orator of the Tammany organization. This bill, called a
re-insurance act, was introduced and passed under such circumstances
that Vice-President Correa of the Home Insurance Company referred
to it in a contemporary letter as “bought legislation.” Mr. Correa
also stated in that letter, which was in evidence, that only three
re-insured fire insurance companies supported the bill, which gave
those three companies a distinct advantage over 209 direct insurance
companies doing business in New York State. The bill dealt with the
carrying of a reserve where part of a fire risk was re-insured. Senator
Grady declared, in a public interview, that this bill was introduced to
protect policy holders by compelling the re-insurance company, when a
part of a policy was farmed out by the company of the first instance,
to keep an adequate reserve against the policy thus taken, but all
of the insurance officers examined by Mr. Hotchkiss admitted either
wholly or in part, that Grady’s interview did not represent a correct
conception of what his bill actually provided.[1]
Another conspicuous Tammany leader implicated in the disclosures before
Superintendent Hotchkiss was Senator “Big Tim” Sullivan. He had long
been one of the really powerful leaders of Tammany Hall, and held
direct sovereignty over the teeming East Side below Fourteenth Street.
Public-domain text, read in full here on John Shaqi.
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