Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1905-12-11
LAWSON AND THE POLICY
HOLDERS.


The Georgia holders OF policies IN she
Mutual Life and New York Life IpsuFs
aDce Composites ofNsE York have ar
ranged 20 INSET IN Atlanta on Decem-
Der l2lh 20 elect representatives 70 at-
tend the xtannuGI meetings Of those
companies aud use their proxies ia she
way that uill seem best 81 that Zine
for their interests, says The saVS8hAh
Morning News.
We have received On anonymous
Communication asking an OpiDlon &c 20
the sdvisahility OF policy holders IN the
Equitable, Matual and New York Life
sending theirpToxies 20 Tbos. w. Law
son Of BostOn--the Lawson Who has be-
come we'll known throughout she couh-
cry 90 che writer Of certain sensation
al magazine articles on FFenEied Fi-
nance. We seldom take notice Of anony.
NOUS letters, for the reason that, ~ 3
Fale, the writers OF them have q puF.
pose in view which they do not diss
close. In other words, they are NOS en-.
tiFely sincere. We have no doubt, how.
eyer, that there are = good many pol.
10y holders IN this State who do not
know whether or nOs it would be ads
viSable 10 80 into partnership with
Mr.. lawson.
We DO not know anything more
about Mr.. Lawson than what he die.
closes In hls iFenElsd finance articles,
but Il 60 ems TO % they dlselOSe enough
70 justify policy holders in sending
their proxies 20 some one who hes had
much lees 10 do with Wall street than
Mr.. Lswson, according 20 his own story
has. We do not mean that MF. Law.
con wouldn't do what he thought
would be best for the policy holders,
bat be seems TO have q pretty strong
feeling against the leading officials Of
she great life insurance companies and
II would be only human nature for him
70 permit bic feelings 10 'inhuenee bic
Judgment.
The wiser plan, IL seems TO %, wOuId
be 20 send proxies 20 some such man
% BtuyveSant Fish, who 10 q director
IN The Mutual. In New York be has
che confidence Of those who aPS invsS-
tigAtlnR the companies and also Of the
There 10 no doubt that r.
h0 should consent 70 receive proxies,
he could DO relied upon TO do the best
that could be done for pcl.cy holders,
And there are diPt5S0FS Of each Of she
companies who have had 20 pArt IN she
grating, and who are anxious that she
interests Of che policy holders shall be
properly cared for.
In oar dispatches yesterday che
statement was made by she chairman
Of che Armstrong Investigating Com.
mlttse that policy hOldeIS would make
: mistake BY SuFrendsFIng their pol
lOiOs, The companies are al toOnd
financially. The grating 70 which
they have been subjected hAS made
scarcely aRy impression upon them.
BssldeS, the legislation that the Arms
strong Committee will recommend will
90 SstsGuaFd the Interests Of policy
holders that, In future, she amount Of
graft will be very small There 10 20
particular FeASoa At present why pol.
10y holders should be uneasy. II they
are going to take part Ia the annual
elections Of their respective companies
they should SndeAvoT 10 select As al.
Fectors men whom they have TeaSOn 20
believe have 40 axes 20 grind and 20
enemies 20 punish, 90 far aa life insuF.
anee companies are concerned, aud
who can be depended upon 10 interest
themselves IN the business OF the com.
9any with which they are connected
20 the extent OF noe sanclinning any
wrong doing Of any core.