The Cairo bulletin., 1905-12-12
COUNSEL HUGHES
NOT A CANDIDATE
Does Not Court Presidency OF
the Mutual Life
FISH WANTS THE JOB
JOHN DEE" ROCKEFELLER OF
THE STANDARD OIL, is oP-.
POSED TO ILLINOIS CEN
THAL PRESIDENT.

| HAL FnE
New York, Dec 11.-Charles r
Hughes, counsel of the Legislative In
surance Investigation Committee re
fused to discuss the rumor that he was
| being doomed by the trustees Of the
| Mutual Life for president OF that com.
pany. He declared that IL wonld not be
proper for him to discuss any such re.
port. but his denial carried d strong
intimatiGn that he would NOT accept
| the Office should it be offered to him,
even after the work of the Armstrong
1 committee Is completed.
Friends and associates of Mr.
Hughes declared that he was not look.
ing for any life insurance presidential
| lightning to strike his way and that
| if he was being talked of by any of
the Mutual directors he did not know
it, and would not consider such an
offer.
The talk of Mr.. Hughes for presi-
dent of the Mutual is not given
serious consideration by many of the
Mutual trustees or officers. HIS name
has been suggested by the independ-
ent faction which is working in oppo-
stion to the selection of a Standard
Oil representative as chief executive
Of the company
Club for Standard Oil.
1t is generally believed among life
insurance men, however, that this
suggestion is only a trick of the inde-
pendents to delay the selection of
president until the work of the "house
cleaning commirtee" has been com
pleted or to scare the Standard Oil
faction into agreeing upon an inde-
pendent man as a compromise:
The suggestion of Mr.. Hughes, it
was declared. had materialI, strength.
ened the candidacy of Stuyyesant Fish,
who i known to be desirous of be.
coming McCurdy's successor. The
StandardOil interests are opposed to
Mr. Fish for the reason that the con-
troll of the $4OO,O0O,00O assets of the
Mutual. added to his power as rail-
road head, would make him an in
nuence which would command grave
consideration in wall street and he
would be in a position to cause a great
deal of trouble for the Rockefeller fol
lowing should he decide TO oppose
them.
Fish Preferable to Hughes.
Standard Oil, however, would rather |
deal with Stuyvesant Fish than with
Charles f.. Hughes and should the
Fish faction in the board be able 10 |
convince their opponents that the
Hughes talk is serious Rogers and |
his followers might agree to the selec-
Zen of Fish
Fourteen Days Remain.
There are only fourteen days more
for the Armstrong committee TO com
plete its investigation of the life in
suranca conditions and a great deal of |
work will be crowded into that time.
Hartman will be recalled and forced
10 tell what took place between him
self and Ryan with reference to the
of the Hyde Equitable stock.
gNtiI W IN dl=O Bt tdiitu obdlh anu
questioned as 10 his motives in order
ng the legislative investigation.
The committee has decided not to
eall the officers of any Of the smaller
as the time will not per
nit. Swcrn statements have been re-
,eived from these companies. however,
md they will be considered in the re-
)ort to the leg stature.
The Prudential will. be the only
not incorporated under the
1ew York laws which will be inyesti-
,ated. This company is controlled by |
Senator Dryden of New Jersey. and
5 one of the few industrial companies.
Because of Senator Dryden's connec-
ion it has been decided TO put the
Prudential on the rack.