The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1905-10-06

| lLS UuUal OF more than $2,600, 90
has been paid as commission by th4
Mutual Life Insurance company t,
two members of the family of Richart
A. McCurdy, president of the com
pany, and the promise OF District At
torney Jerome that the insurance
scandals certainly will be submitted
later to an extraordinary grand jury
were THE great sensational develop
ments in the insurance situation to
day.
Millions in Commissions.
1t was brought out by the testi
mony before the legislative insurance
commission that Robert H. McCurdy
son of Richard A. McCurdy, has re-
cefved as commission ON foreign bust
ness 81, ,163, 1929 and on domestic busi
ness $541.852 and that Louis A. The,
ba, sontin-law of Richard A. McCurdy
has received am aggregate of $920,113
in commissions from the company. II
was also brought out that Robert ii,
McCurdy expected that his income this
year would be about $4,000.
Mutual Life's Contributions,
Previous to this testimony, w. F.
Thummel, an attorney of the Mutual
Life Insurance company. testified that
he had paid to the chairman of the re-
publican congressional campaign conn
mittee the sum of $4,000 in cash as a
campaign contribution.
Mr.. Jerome in announcing i'm court
that the scandals would be submitted
ITO an extraordinary grand jury said
the inquiry by the Legislative comanaC-
tee had shown greater moral abliuui-
ties" on the part of persons important
In the business world than did the
shocking revelations of the EQUITABLE
Life.
Another incident of the day was the
of a letter from Charles
A. Hughes, counsel for the legislative
committee, to Samuel Undeu,meyer.
counsel for James H. Hyde, former
controlling stockholder of the Euuit-
abOe Life Assurance society. Hughes
said the committee would make no
in favor of Hyde in his
examination before the committee.
The chamber of commerce of New
York at it's meeting today passed reso-
utlons that additional legislation was
necessary for the proper conduct of in
companies.
Made One Payment.
W. F. Thummel, an attorney, for
nerly associated with Judge William
Hamilton in looking after legislation
'or the New York Life, the Equitable
life and the Mutual Life Insurance
companies in the so-called legislative
'ool that was exposed last week. testi-
led before the committee that he was
oW employed as an attorney for the
lutual Life Insurance company at a
alary OF $4,000 a year. Thummel
aud that he personally placed in the
ands of the chairman of the republi-
an congressional campaign $4,000 in
ASH, which had been given the wit
ess for that purpose by Vice Presi-
ent Robert A. Granne of the Mutl1sl
llfe Insurance company Witness said
ne contribution had been suggested
y the danger of democratic house
nat would result in tariff and other
9gislation TO upset business and af-
cot policy holders.
He said other companies had been
sked to contribute, but he did mot
now how many did.
Mr.. Thumnel denied paving anv
loney to any legislator for the pq1r-
ose OF influencing legislation or to
~ other person for that purpose.
He described the legislative pool
I'D said the expenses were met by a.,e
looking after the TERRITORY
ON which the expenses were met by
le three companies. He had received
oney from the New York Life in
lese adjustments. but kept no ac-
'unt of his distributions.
lhummel said Mccall was in error
MS testimony yesterday that he
I'd paid money to the witness to !
4rther federal supervision of insplrs ID
Ice. Witness had talked with Nc.
ALL On this subject and Mccall had a
omised to contribute to 1t, but no d
oney was paid to Thummel
He further described the division of v
rrltory in the country under which c
Q companies looked after legislation