Show SHOCKING revelations 0 new york oct S Di estrict at tarney william T jerome an in a statement to justice davy in the criminal branch of the supreme court today that he intended to present to the extra f ordinary grand jury the revala alons affecting tho conduct ot life insurance business which have been made before the legislative investigating committee mr jerome said the inquiry by thlu committee liaa shown greater moral obliquity and moral obtuseness on the part of the persona important in the business world than did tho shocking revelations in regard to the equitable lite he said there waa public excitement and a sense of outrage at what had been done and that it undoubtedly meet with general commendation it he were to select certain individual transactions and place them before the grand jury at once however h e regarded it as his duty to wait until the investigating committee had completed us work and then to ask tor an extraordinary grand jury and lay before it the matters disclosed bv his own study 0 the ion w well as that at this he said he luten did to do |