Richmond planet. [volume] (Richmond, Va.) 1883-1938, 1905-10-14
MUTUAL GAVE TO
CAMPAIGN FUNDS
Contributed $4,000 to Republican
Committee Since 1895.
$4,000 WAS GIVEN LAST YEAR

H-cv p. oct. 1.-THE sessions Of
She g.. .o investig eating committee
trsro mated for the week because
81 tho irh of s Fred Nixon. speaker
% t2c mbiy of the legislature. Of
New Iork. 40 his home ia Westfeld.
The testimony did not elicit any in
formation OF n sensational nature be-
yond what had been discounted in the
testimony of previous witnesses. The
feature was the presence OF witnesses
Of the executive officers OF the Mutual
Life Insurance company. These were
President Richard a. NcCurdy and
Vice Presidents Granniss and Gil
lette.
While It had been hinted last week
that some expenditures charged 20 Ie-
gal expenses might have iecn contri-
buttons 10 campaign ctmmittees. Il
was announced definitely 5y Dr Gil
lctte that the Mutual Life Insurance
company contributed $4,000 10 the
Republican national committee last
fan, that I'm 1900 $50 900 was contrib
uted and in 1896 $4,000 was given for
CAMPAIGN purposes.
An Interesting statement was made
by Robert OlyUhant whoa ho was on
the stand early in the Cay. Mr. Oily
plant Is chairman OF expenditures.
and hc could not ten what the $3.50
items drawn 90 his order were for be-
yond that they wore for LEGAL ex-
pcnsos. lie said the cen cny main
tanned confidential fund for expondi-
lures for which no voucher was takcn
and no receipt was received. These
payments were made upon the assur-
lce %. ga e-ocuGve officer that they
we're rt -tcht"
FicC Eiicnt Granniss knew little
scout - contributions 90 camragn
ri- nstned them on the same
ground as President John A. Mccall.
OF the New York Life. that the free
silver plank in the Democratic plat
form was menace to the interests Of
the policyholjers.
When Mr. Crimmins was called %
the stand he assumed the entire re-
sponsibility for The terms OF the con
tracts with c. II. Raymond G. Co. by
which that firm made such large prof
its. When the method OF the expendi-
ture OF the S25000O items was IN
Quircd into Mr.. Crauniss admitted that
the general solicitor could get SOS. 900
any time he wanted % without disclos-
ing for what purpose he wanted Il
and without rendering any account Of
- He further said that le never knew
/, where n cent OF the money spent by
the general solicitor went
In taking up q detailed list Of the
compony's expenses. DIT Gillette said
that the company last year paid S72.-
/ 600 for lurcheons for the employees. II
IS a custom for the company TO fur
nish their clerks with luncheon. This Is
AT the rate Of about $3.50 a day.
President McCurdy made the start
linG statement that an Insurance com
rEny was not an Institution founded
g make money for the poIicyholders.
bEt Vac. or should be. great philan-
gAEcpie enterprise founded to increase
FSld spread its benefits over the en-
i tire earth.
There has been a great mistake
made be said, about the real PROV
ince Of life insurance companies In
these latter years. People have been
led to believe that the main purpose
was TO make money for its policy
holders. In my view that is not the
purpose OF such companies. They are
elemOsynary. When a man insures in
a company he should take into consid-
Grafton the fact that he has entered a
great philanthropic concern that is in
duty bound 20 spread itself. even
| though this growth prevents him from
realizing as much as he expected"
Speaker Nixon Dies Of Appendicitis.
Westfeld. n. Y, Oct lis. Fred
Nixon. speaker of the assembly. died
at his home here. He was taken i'll a
-hort time ago with appendicitis. Sim
Sie methods relieved the trouble tenn
porarily, but a sudden turn for the
worse came, and an operation was
performed. The wound failed TO heal,
however. and a second operation was
performed yesterday. From this he did
not rally.