Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-10-17

companies. the Hartford and other
New England companies, deal honestly
| with the policy holder, and at the END
of the year he will find his next pre-
MUM reduced by dividend of $l2.5o
or $l5, and sometimes even more. This
Is the sum that they have no right to
exact. This is the sum that life In
| surance companies should be prohlplt-
ed by law from taking. III the laws
governing life insurance were what
they ought to be, John A. Mccall ana
Richard A. McCurdy could not give
away millions to campaign committees
and to their sons and sons-in-laW
without taking it from the legal re-
serve, and then they would be sent to
the penitentiary.
The taking OF the policy holders div
idends by eminent Christians like MIC"
Curdy, to prevent the policy holders
from spending two much on cigars ana
| billiards ought to send men to the PEN
itentlary, but it don't. l am policy
holder in the Mutual and have been
| for twenty years. l suppose
ought to feel very grateful to this man
for taking my dividends and handing
them over to his son and son-in- law, IN
order that | may not spend them Oh
| cigars and billiards, but somehow l
don't.
Superintendent Vandiver, OF Missouri,
has threatened 10 exclude the New
| York Life from Missouri unless mccall
| resigns and returns TO the company the
$50 600 that he wrongfully took in order
to help defeat Bryan Mr.. NandlNef is
both right and wrong. Hc says McCall
took money he had no rights TO take.
! He did, but was il any worse to mana
the society's money over TO a campaign
! committee than to hand 1t over 10
! son- in-law or a lobbyist? The Cllron-
icle scores Nandiver. The trouble with
Vandlver Is he sees only the wrong
! done to his party and not the wrong
done to the policy holders. If VAN
oliver should say to the Equitable. the
1 New York Life and the Mutual You
shall not do no business In Missouri
until your officers pay back the money
they have squandered and stolen" his
position would be impregnable
Let me bring this matter home to
YOU i'm another way. Yau go to a. saw
ings bank and deposit $1,000. After
the election you go to the bank to get
your money. The cashier says Il had
to make d very large contribution 10
the national committee in order TO de-
feat free silver and have apportioned
this among our depositors. Your share
is 500 and can only pay back TO you
5000 of your money" How many men
would stand this? This is exactly what
Mccall and McCurdy did. They did
more In order that you might not
suuander any money on cigars and BILL
lizards. they paid out what was left OF
your deposit to their sons and son-;n-
law. Do YOU think the American peo-
pie are going to stand any such dam
nable business? Do you think that
these men can persist in such things
Il and avoid revolutions?
The Equitable is inviting business.
They tell us that Mr.. Morton has mag
unanimously reduced his salary to $780,
900. and all other salaries in proper
ton. Well this is very nice of Mr..
Morton, but ] suspect that his salary
and all others might have been cut 80
per cent instead of 90 per cent slnd the
20 per cent left would have been ample
compensation for all work done. No
1 one. questions Mr.. Morton's integrity.
4 When he says that there will be no
more campaign contributions we be-
lieve him, but when he says that the
vast funds under his control shall no
J, longer be used for stock jobbing pur-
4 poses, we smile. why did his master,
Thos. f. Ryan, buy the Hyde stock? 1t
is true, at least they say it is, that
Mrs. Hyde's pension Of $4,000 a year
has been cut off, but a company guilty
of such Infamous things must be con-
tent to be on probation long time, be-
fore the public will give 1T confidence.
This pension is another illustration
of the insolence of the very rich. That
hoary old hypocrite, Depew, voted for
it and justified it on the ground that
Mrs. Hyde was among the deserving
poor. He is reported as saying to the
directors: Mr.. Hyde left only a mod
est fortune, not over five millions" Sc
they took your savings and mine and
paid to Mrs. Hyde $4,000 year. Mr.
Depew was not concerned about the
other widows i'm America whose hus-
bands left $4.999,999 less than five
million.
1t is the business now of the Amer
lean people to put all these men out
of business. You can do it, You are
very much interested. 1t hits the dear
est things on earth, your wives your
children and your pockets. II you have
policy in any of these companies
keep 1t up, but don't write any more
If an agent of one of them calls or
you, show him the door. See to it
that they get no more of your money
McCurdy says "they pay their premi-
ans Voluntarily" This is a. Lie, you
say, because you have to, but If you
make any new contracts you will be
paying voluntarily, and the man who
will now give them any money in the
light of all that has been disclosed, is
a fool.
When you take out insurance let
tontine and deferred dividend policies
alone. They are lotteries pure and
! simple, dishonest, immoral and shame
full both to the insurer and the insured
4 Don't write endowment If you are
capable of investing your money you
4 can make more than 8 per cent ON it
j If you are not capable put 1t in a