New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-21
DEMAND CENSURE VOTE.
Insurance Mems Contention IN Tur-
MOL Over the Question.

Hartford Conn. Sent. Ca sharp clash in the
convention Of the National Association OF Lie
Underwriters took place to-day over the question
OF expressing disapproval of insurance methods re-
Gently exposed. and at the adjournment the ques-
ton at issue still unadjusted- The resolution
OF censure offered yesterday by J. j. Raleigh OF
st. Louis was the issue. The executive committee.
through its secretary, submitted TO the convention
a report on the Raleigh resolution as follows;
It is the sense of your executive committee that
the resolution offered by delegate from the St:
convention, and that the consideration OF that or
any other similar resolution is un%atfan5ed ana
e eiation Of ofs LIE R9p Tnder ST -
The committee report was received with cheers
When the noise had subsidized c. W. Van Tuyl said he
represented a number of those whose views differed
from the report of the executive committee Three
questions. he thought were to be determined;
First-Whether we are to make any public dec
Iaraton on the matter in view Of the discussion
secoondSWouid it be profitable to do so?
Third-What is the polite course?
He said
This association and these delegates mi must as
ment of this body in favor Of honest ana sound
nE @bitY 10 cover up ana '0n'eai i'0' ''9
Unless some reasonable resolution is passed by
this association along the lines OF tnat suggeste1
by the delegate from st. Louis, a resolution VIII
the names of the men who are in favor of the prn-
clpe embodied in the original resolution; We VII
night transfers of securities. The wise, brave and
polite thing do is to pass the original resolu-
ton.
A number of speeches were made on both sides Of
the question, and when the convention adjourned
six men were trying to get the floor resolution
was passed postponing the discussion till to-mor-
row.
The Raleigh resolution which caused to-days de-
bate was follows:
Whereas. The public press. official committees.
life Insurance departments and legislative inquiries
have disclosed methods and practices in the man
II not criminal in their appear TO be grossly
irregular and in violation OF the principles Oh the
trust involved; and ;,
whereas These disclosures threaten to create, In
the minds of the uniformed suspicious regarding
the Integrity of management OF all life insurance
companies and to bring the business into general
Resolved by the National Association of Life
in convention assembled that we,
the members of this association, who have been
chiefly instrumental in inspiring confidence in the
minds Of policyholders and in building up the
ms pnifcent structure of life insurance, IL TO
in MS TO oppose those influences which would tear
II down: to demand that if crimes have been com
mtted the criminals shall be punished. and that
those who have violated their trust shall be de-
nrived Of their trusteesEip. We urge and insist
that we are not willing TO support In the field mis-
conduct in the home offices. We oppose conceal
Tnent or evasion and demand such publicity as Will
lead to n correction of abuses wherever they may
be found.