The Havre herald. [volume] (Havre, Mont.) 1904-1908, 1905-10-27
ABOUT INVESTIGATION
MUTUAL LIFE COMPANY PAID FOR
FAVORABLE REPORTS SENT
TO NEWSPAPERS.
PAID ONE DOLLAR A LINE
DOUBLE THAT PRICE, HOWEVER
WAS PAID FOR AN ITEM RE-
GARDiNC M'CURDY.
PAID ONE DOLLAR A LINE

New York, Oct. 25.--At the session
during the day Of the legislative com.
mittee Investigating the insurance
companies, the affairs of the Mutual
Life Insurance company were under
consideration and it was brought out
that this company was paying for the
dissemination throughout the country
Of reports of this investigation that
were favorable to the company
Charles J. Smith, a neWspapermar,
was the witness. He is employed by
the Mutual Life Insurance company, to
do large number Of things, but a
month ago was placed in charge of
sending out these reports. Mr.. Smith
had vised number Of vouchers for the
payment Of this work, and these ag
g1egated $4,000, with more bills to
come in. He thought the amount to
date would reach $4,000
Mr.. Smith wrote these reports and
submitted them to Allan Forman. who
owns the Photographic News bureau
and 81 q line was paid by the Mutual
Life for the service. Clippings from
various papers about the country, in.
GLIDING the st. Paul Pioneer Press,
Boston Herald, Toledo Blade and Al
1anta Constitution, were shown to the
witness and identified as the dis
patches he wrote and sent to Mr.. For
man. These were sent to about 100
papers, but Mr.. Smith did not know
whether the papers were paid for in
serting them.
Higher Price for McCurdy Item.
In one dispatch Mr.. Smith wrote that
Mr.. McCurdy's attitude on the stand
made distinctly favorable impress
sion, and for this he had to pay So a
line. This he said was worth it.
Following Mr.. Smith, Walter Sulli-
van, who has charge Of the magazine
advertising department. was called He
said the Mutual advertised in twelve
magazines last year at a cost of S42,-
Coo. Advertising in insurance papers
cost about $4,000 more but he could
not tell where the remainder of the &C
count Of $326,797, the amount charged
W TO advertising last year, was spent
Earlier III the day Emory McClin.
took, the aCtuary Of the Mutual Life
was on the stand, The entire early
session OF the day before recess was
given over to his explanations Of tech
nlcal insurance. Mr.. MCClintOck prac-
tically advocated no laws for the in
Dinc toiu
supervision to give the reports pub
li2itE. lie thought the public could
take care OF themselves and that pub
licfty was the best law Asked how
far this view was shared in official
circles. he thought he was somewhat
OF q missionary along that line.
Mr.. McClintOck was to have been on
the stand again at the afternoon SEES
sion, but during recess he was seized
with a slight attack of vertigo to which
he Is subject. He will be called again.
Hegeman Testifies.
John r. Hegeman, president OF the
Metropolitan Life Insurance COMPANY.
was examined and when the adjourn,
ment was taken in the afternoon his
testimony was unfinished.
While lacking the startling features
of the testimony Of some other life in
surance presidents who have testified.
Mr.. Hegeman's remarks and eXplana-
tlons were none the less interesting.
e@9ecially his statement that sS76.OOO
WIS given TO the industrial policy
holders of his company last year with
ont any obligation whatever. Mr.