The Minneapolis journal., 1905-11-20
ROOSEVELT WILL
HELP SOLVE It
Promises Aid to State Commis-
sioners in Working Out Big
Insurance Problem.
MINNESOTA OFFICIAL
MAKES THE SUGGESTION
O'Brien 3 Plan for Concerted Ac-
. tion Indorsed in Interview
~ at White House.

:, President Roosevelt has promised In
surance Commissioner T. D. O,Brien OF
Minnesota to cooperate with the state
insurance commissioners at the proper
time in their efforts to put the big
insurance companies on a proper basis.
Mr.. o 'Brien interviewed the presi-
dent last Saturday at the White House.
He went at the suggestion Of Governor
Johnson, and had no other introduction
than letter from the governor. The
interview was brief, as Mr.. O'Brien
went in. ahead Of Speaker Cannon,
cials waiting to see the president. Mr..
O'Brien stated his proposition briefly.
He explained that when the investiga
tions are finished, an effort will be
made to got all the insurance commits
sioners together and agree on a course
of action which all will follow.
"I want to know, Mr.. President,
said the Minnesota commissioner, eff
you should be asked to join us in our
conference and help us work out the
problem whether you would consent to
do So"
with an emphatic gesture, "you may
[ can be of service. I shall be glad to
| have you meet here at any time, and
| to talk the whole matter over with
you
"That is all want to know said
Mr.: O'Brien. and with that assurance
day and reported to Governor Johnson
the result Of his errand. Both regard
sistance as Of the utmost value.
will Urge Concerted Action.
1 The plan of concerted action by all
insurance commissioners is the concep-
tion of Mr.. O'Brien and it was Govern
or johnson who suggested getting the
president cooperation. Mr.. O'Brien
!, will meet about Dec. 5 in New York
with the other five state commission
ers, with whom he has Joined to make
the examination of the New York Life.
a general conference Of insurance com
missioners when the examination and
the legislative investigation are fin
ished, for The purpose Of getting out
Of the chaos an agreement for some
definite line Of action. If his sugges-
reforms, reorganizations and all other
schemes being suggested will be
: threshed over and conclusion reached
The insurance commissioners of all
the states : will be called to the
meeting, with probably the gov,
the meeting will in all probability
be held in Washington, so that Presi
dent Roosevelt may be present.
The presidents part in such con-
ference will be extra official, as it was
. in his settlement Of the coal strike, and
y his promise to participate is pleasing
;. to the Minnesota officials, as another
e evidence of the executives willingness
!. to cut red tape and step outside formal
,. lines when some good is to be accom-.
plished.
s Governor Johnson said this morning
). "I am greatly pleased that the pres.i,
J. dent has consented to lend his aid IN
e solving this great question. There is
e a great need for careful, conservative
It united action in the interests Of the
public and the policyholders. What
!, ever is done should be the decision OF
/, as many wise heads as possible, ani
n should be done in concert by all the
s. states. The question of what legisla
ton is needed should also be consid
r cred by the same people,
q Continued on Cd Page, I'd Column.