Show was refused part of ryans purchase new yorla bec S thomas y ryan before the investigating ansur abuce committee today testified that lie bought the hyder stock because he believed that by so doing he prevented the most tremendous panic the country has ever seen which he believed would bare followed if the equitable had been put n the hands of a receiver mr ilan said that after his purchase pui chase E H president of the union pacific railway desired to share in the purchase mr ayau refused mr hinmans Hin mans coffier mr nyan declined ta answer questions as to what was said al the conversation between him ana mr harraman Harrl man mr said ha wanted nto know whether there was any troth in the report that it was hinted there would be an investigation of the lifa insurance business it mr harriman was not given an interest in the equitable mr ryan declined to answer and was upheld in his declination by paul D cravath Cra yath his attorney chairman armstrong of the committee said the question was cioper and should be answered mr loughes here asked ham mail had said anything to intimate that anything disastrous would hap pen to mr ryans interests it he refused to share mr harriman mr ryan again refused to answer although chairman armstrong in the name of the committee directed him to reply then on adice of counsel mr ryan replied that mr harriman had not made such a threat mr ryan said he had directed his counsel to mahe the trusteeship of the equitable stool perpetual because he did not want any heir of his ever to control the property |