The Montgomery advertiser., 1905-09-21
RESOLUTION
 NOT PASSED Life Underwriters Slow
 tO Condemn. THE RALEIGH RESOLUTION Action Postponed at Session
 in Hartford. Delegates seem Yet Uneertasn wheta- CT to Formally Disspsrove of
 Irregular Practices in
 Their Business.
HE RALEIGH RESOLUTION

HQrTT0f1t clash between a faction of dclegates from the West in attendance at tne convention of the National Association of Life Underwriters with the deiss 1atea from the East and other sectfcns occurred at this afternoons session oI the convention and at adtournment tna oueatiou at issue was still unad5usted
 The resolution of censure offered yesterday by Delegate J. U. RaleiEn of st Louis and aimed st alleged IT. rerularfties. in certain insurance GIT cIes was the issue before the convsn~ ton At the time of adjournment. ak- ter half an hours sharp discussion. dozen delegates were on .heis isss s chair and. express their sentiments. but the assembly voted to postpone tne contest until tomorrow morning The ,snue, was raised when the Executive Committee through its secretary suv- mitted to the convention report Qn the Raleigh resolution. This repors was Nas follows:
 .sIt ia the sense of your Executives Committee that the resolution onersu by a a.deIegate from the St. Louis AN~ sociatior, should not be considered hy. this convention and that the constdeFr ation of that resolution or any other similar resolution is unwarranted anu outside the proper province of the Ma
 
 The Committee report was received with cheers When the noise had sunr sided c. w. Van Tyne of Minneapolis arose to speak and was invited by t1@ President to the platform. Mir. Van Tyne said he represented a nunzbeF 8E those whose views differed from tiIe report of the Executive comntttea. Ha asked if 1t we're time for such a body to maintain silence answering hinssaG that he thought not,
 C0uAAeuee Of Public.
 ssrhis Association and these dele~ gates" said he, must assume respon- stbiilty and reflect the sentiment 9E this body in favor Of hopestsand spuua methods of fife insurance. This AssQr citation has HothinK to cover ID ana conceal from kne cpnmunitys If the linpresslon becomes general tIat 70 aFMue an apologetic course the result viii be heavy losses to us as inauranca men We depend for all we get on . public confidence and if we fan now ft will take years to redeem ouraelvea4Y
 Raising his hand to emphasize his words. he added: "Unless some req sonabie resolution Is passed by this Association along the lines of that sug gested by the delegate from St. Louis. a resolution will be sent out to tha press of the country signed with the names of the men who are In favor Of the principle embodied in the original resolution. We will not stand for blind loans, Cambon dinners or raid- night transfers of securities The wise, brave and polite thing to do is to pass the original resolution"
 The session of the National Associa- ton of Underwriters today opened with an address by s. H. Wolfe, consulting actuary, on The Life Insurance Coma pany from the Examiners Viewpoint .x,fS R an address of a technical nature by Elmer Dwiggings of Des Moines. Ias followed.
 Before the opening of today's ses- sion was much informal discussion among some of the delegates over the probable action of the Executive CoEli- mittee in regard to a resolution call- inr for condemnation of irregular Inc surance practices and the punishment of the guilty.
 Created Excitement.
 The resolution which was introduced by J. J. Raleigh of St. Louis and cre- ated immense excitement In the con- ventIon was referred to the Executive .c,ommfttee after various corrections had been made and amendments of- fered. It recited that the disclosures in the methods and practices in the management nt some life insurance Companies which. if not criminal in their nature. appeared to be grossly ir- regular and In violation of the prtn- ciples of the trust involved. and de- mands that if crimes have been con- u1itted, the criminals shall be published and that those who have violated their trust shall be deprived of their trusteer ship.
 From members of the Executive Committee today the impression was gained that the resolution as presented ~f.S S1STAA tHAe other resolution similar in some re- spects in purport would be drafted by the committee and reported.
 The Executive Committee after e long session decided to report to the convention it's opinion, which was prac- tically unanimous that the passage of any such resolution as that introduced by Mir. Raleigh was outside the prov fnoe of the convention. During the meeting there was q general expression of opinion and several members said that a resolution of the tenor of the one drawn up by the St. Louis dele- gate was uncalled for and that its passage would cause disruption of the association. It was held also that such a resolution would be looked upon as a reflection upon the management of cer- tain insurance companies which have membership in the association that the convention had no right to criticize It's members.
 The papers read at the afternoon session included one by James V. Barry of Lansing, Mich, Insurance Commits sioner of the State of Michigan. on Life Insurance Ethics"
 At a meeting of the Nominating Com mittee of the National Association of Underwriters held tonight the follow ing nomination of officers for the com Ing year were made: President. C. w. Eeova1 ptffahlIFR. First Vica- Eresidesaf George Brehm, St. Louis; Second Vice. President, F. F. McMullen, New York; Third President. Col. Robert She'd der, Atlanta, Ga.; Secretary, Ernest Judson Clark, Baltimore, (renominat- ed): Treasurer, Ell D. Weeks. Islteh- field, Conn. (renominated.) The eIec- ton will take place tomorrow.