The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-05-08

one interested In the society that the cor
TectiOn Of all conditions hurtfIil In tendency
OF eject Is being accomI iishod within the
society itself. II was upon settled con.
viction that the interest Of the society and OF
It's polioyholders required that the latter
should be vested with a controlling par
ticipation In the administration Of the vast
funds which they have built up by their
own contributions, that resolved TO initiate
this movement. The prompt response
and sturdy support that ! have received
from the rank and file OF the soCiety's
officers has proved to be an assistance OF
the greatest value in tablishing the prin-
ciple Of naturalization, and l cannot too
highly commend this element Of support,
proceeding solely from a conviction Of
duty and quite without regard TO personal
interest.
Notwithstanding the present publicity
and wide discussion Of the society's affairs,
/ regard the situation as full Of encC urage-
ment for all who are truly interested in
the society and its prosperity. The hnan-
cial strength and stability Of the society
are not questioned There is no abGte-
ment Of effort on the part Of its efficient
stan and loyal agency force TO perform
their full duty TO the society in maintaining
aud e1tenoI.g tie GROWTH az q prestige
The work we have inaugurated will be
carried 20 a successful compile ton. In
this determination there Is but one thought.
either on the part Of the ir deepen dent mem
bers Of the board q directors, the society's
officers or Of the agents. ] shall devote
myself and all my streng 9Th to its accomplish
met (.
DO not be received by rumored sug-
gestions Of my resigna ton as president OF
the society. They proceed from interested
sources and are intended 10 discredit and
defeat the principal Of naturalization,
Although no one appreciates better than
the sensitive character Of life insurance
company's credit and the great importance
Of its hold upon public confidence, firmly
believe that the fact that the society pro-
poses to take care Of itseh and TO Work
out its own reforms will afiordthe best pos
sible guaranty Of its inherent strength
and the security OF It's future. The present
trials will soon be passed, and the society
will enter upon an era OF greater SUCCESS
than it has ever known. sincerely yours
JAMES ", ALEXANDER, President.
The Alexander supporters continued yes
terday to assert that Jacob II. SChih was
the prime mover in calling the informal
conference OF directors for 3 O'Clock this
afternoon. Mr. Schiff would not deny
yesterday that he had sent out the call Tor
the conference. He would not say any
thin as 70 the purpose ~ the meeting
That Mr.. Hydh's lawyers have been
holding conferences with Mr.. Schif for the
last two days became known yesterday,
however, and whatever surprise Mr.. Schln
and those associated with him in calling the
afternoon. II is pretty certain that its OBJ
ject will be a defense Of Mr. Hyde and his
supporters.
The Alexander supporters were con-
ident yesterday, though, that no attempt
would be made at the conference to take
any action looking toward the resignation
Of the president.
When Mr.. Alexander's letter was shown
TO Samuel Untermyer. Mr.. Hyde's counsel,
at his home in Yonkers, Mr.. Untermyer
made this comment:
This letter like its numerous pTedeces-
sors, has teen mailed in the newspapers in
stead OF at the post Office. Coming at this
acute stage Of the controversy and in the
delicate circumstances in which the gen
tleman finds himself placed its purpose Is
too obvious for comment.
Nobody Is likely to be deceived by this
palpable attempt 10 anticipate the serious
charges on which the removal Of Mr.. Alex
ander Is about to be asked for betraying
his trust.
Nor are the policyholders 70 be misled
by such a transparent bid for support.
The true inwardness' Of this sham move
ment for naturalization "a better under
stood than the gentleman seems to APP
preCiate.'