The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1905-11-01

SOME INCOMES COMPARED.
Showing how much greater men it must take to manage a n insurance
company than to run the United States '-Colliers Weekly, New York;
The indianapolis News doubts if the great New York insurance COM
panies al yer "h0pe for a restoration of prestige and public confidence
not at least until there is a complete revolution in their methods of doing
business OF account of the disgust and ditrut of the people having been
that their officials, in taking are of their favorites and relatives, shave not
only been swindling the living, but also have been robbing the dead"
'The course to pursue, - says the Ds Moines Register and Leader, ."is to
reform the hfe-insurance companies that need reforming rather than to desert
them. Let the policy-holders sin the three great companies bend their energies
together and 'turnt the rascals out" This advice is indorsed by the st.
Paul Pioneer Press and also by the Columbus Dispatch.
THE SOUTH.
The Louisville Post declares that the testimony in the investigation
proceedings ''shows how the moral sense of the world of high finance has
been warped by the vast. accumulation of trust funds in the hands of the
insurance companies This also is the belief of the Richmond Times Dis
patch, which hopes that the South will stop committing 1.-THE folly of sending
money to the North to enrich insurance companies whose managers have %
falsely betrayed their trust' The Montgomery Advertiser asserts that
president McCalls own testimony has been enough to condemn him a
dozen times and over, and he ought to go to the pennentiary on his own
evidence So also the New Orleans Times Democrat believes: and it re-
marks that there should be n o trouble about securing a m indictment or
bringing about a conviction a S criminalcode provisions ire "nmple,r
and 'there seems % be no doubt about the facts in the case'
FROM THE MISSISSIPPI TO THE PACIFIC.
In the opinion of the Pueblo Chietain, it would be a 'lamentable failure
of Justice if the gigantic grahers' were permitted to retain their ilgoten
gains, and "be turned loose with n punishment" By the side of the
operations OF these men, says the Tacoma Ledger, all former processes of
accumulating tainted money seem commonplace and respectable But it
is fortunate for the public, remarks the Omaha World-Herald, that "te time
of these offenders promises now tt be 81 srenuously occupied in keeping out
of Jail that they will probably have but little leisure to plumber and betray
unsuspectng policy holders" Any scheme oil. reform, declares the ST. Louis
Globe Democrat, must 60 further than the mere correction of the error of
management. st must involve the extirpation of the offending officials.
Their removal at the earist possible moment, and their punishment afer-
ward by law, IRE necessary if the companies are to regain the confidence of
the people,
However, even if the proceedings should stop at the present stage, it is
generally believed that the ultimate good already resulting from the ventila-
ton of insurance methods will be far-reaching. One thing that the Tacoma
Ledger thinks will surely come about, is the reduction in the charges of the
diets that insurance policies ire likely to be worth a great deal more, for
the polcyholders m sure to get what they have heretofore expected, in
vain: while the Kansas City Times ees a resultant Improvement in the
morals Of the nation at large, and declares that 1.-The American public life
will emerge purified and finer and stronger for the problems that lie before it"