New-York tribune., 1905-11-22
MAY RECALL MCURDY.
Mr. 2 Call Holds Secret Conference
With Mr. Morton.

AS the result of Senator Thomas {. Platt's fiat
assertion under oath that he obtained large sums
! from the Mutual Life through President McCurdy
for State campaign contributions, it is expected
that Mr. McCurdy will be recalled to the witness
stand and have the opportunity either to amend or
to reiterate his recent testimony.
Interests closely identified with Senator Chauncey
NJ. Depew were responsible for the statement last
night that Mr.. Depew had no acquaintance with
W. S Manning of Albany, beyond having seen him
perhaps three times in fifteen twenty years be-
cause of Mr.. Depew's prominence in public social
life
Surprised speculation was caused in insurance
circles last night when it learned that Presi-
dent John \. Mccall of the New-York Life held
a conference with Paul Morton president OF the
Equitable, in Mr.. Morton's offices late in the after
1t is said that Mr.. Mccall asked Mr. Morton
TO make an appointment to him earlier in the
day. MI Mccall. wearing his now familiar silk
hat, arrived in Mr.. Morton's office at approximately
I D. m Mr. Morton received him, ushering him
Immediately into a private Office, where the
ference took place. All details of the conference,
which, it is understood was Of highly important
nature were withheld
Coming almost at the time of the return of
George w Perkins from abroad, the news of the
conference incidentally revived the rumors that
Mr.. Perkins was about to leave the service of the
NewYork Life. Cooperation by pocyholders of
the two companies to resist legislative influence
said to have been discussed.
1t denied emphatically yesterday that the
trustees of the New-York Life were conducting any
internal investigation or proposed to take any
ton to that end. This the reply TO alleged
statement printed in a morning newspaper. 1t is
understood. however. that the New-York Life has
selected a committee to take charge OF all
pendituTes and to supervise the future ouJlays by
the company. This to relieve the officers of de-
tail work and to make possible more ample tabu-
lation Of expenditures. It denied that the
appointment Of the committee reflected on
Piesldent Mccall or other officers It was decided
that the trustees shall take final action as 70 the
T1gTy1 inc O "A
It is thought entirely possible that Mr.. Mccall
of New York Life management.
M Perkins Kin TsIurned IA as5 ngh on the Kaiser r
business abroad and denied that he had seen
report was printed yesterday that President
McCurdy had sold his realty holdings at Morris
tracts Of land in iNew.1ersey to George Mugan,
os9rd 99er Mr. Gt Susah M 6 has not bought the c
Curdy tract at Morristown.'' said a man at Mr.
President Frederick A. Burnham Of the Mutual
Reserve Life INSURANCE. Company MADE Puolc P let
c6mpany's recent increase in the premium rates
certain kinds Of poiicyholders. For the lasJ two
weeks the State Superintendent OF INSURANCE has
been receiving letters daily from policy OF
the Mutual Reserve, saying that the company on
Noyember had arbitrarily raised the rates a on l1S
policyholders to such an extent mat many leaIen
they would have 10 drop out rather ihah keep up
In response to the superintendent's inquiry. Pres
ident Burnhams letter says, IN erect that tne
company needed the money, bat that he hoped
it would not be necessary TO make any other
'1; Some 3 Of the oId poicyhoders have already con-
Sed edss OF foneH wit Gnef5 Mayr t6 Permit them
10 start suits against the Mutual Reserve Of
froT Mem gseI g the that after the reorganizSton
they were induced to accept new policies Tor CID
were Id to believe that there would be nothing |
Pncb as took place before the com
pany was reorganzed.