New-York tribune., 1905-11-30

The publication OF this report followed The
Tribune's statement on Sunday that the trustees
had & man under consideration as Mr.. Nc
Curdys successor Il s.-.-
TIE name OF James H Eckels,. ex-Controller
Of the Currency, is one Of those under consid-
Grafton for the permanent presidency of the
Mutual Either William H Truesdale or Stuy-
vesant Fish. It is said, is also under considera-
ton.
Controller Grout's name was also discussed
last night in connection with the presidency.
When Controller Grout was seen at his home in
Brooklyn he said the rumor was news to him.
he refused to discuss it,
FIGHT FOR CONTROL j i. Il
Behind Richard A 4IcCurdys resignation and
Frederic Cromwels election to succeed him
Hes so Tribune reporter learned last night, a
fight to the death for control between Julien T.
Davies. the new solicitor general and the
finance committee on the one hand, and the
trustees, especially those who support the house
cleaning committee. on the other. The reporter
heard that Justice Rufus ". Peckham in resign
ing from ths board Of trustees did not. as the
Official explanation intimated. plead inability
TO attend. the board meetings as the reason for
his resignation, but on the contrary sent a
vigorous letter denounctng the Mutual Life
Management. Mr.. Cromwelrs election IS re-
committee
battle royal has now begun. however. be-
tween the two factions if the finance COM
nittee has its way in the election Of a presi-
dent It Is said. the Truesdale probe will be per-
Hiitted Il penetrate no deeper, or will at best
be blunted If on the other hand the trustees
score IN the election Of the permanent president
the probing win be pushed 70 the very heart
OF conditions
Further designations. not only of Mccurdy
relatives are expected hourly, and indeed may
be already ii the mail.
Mr.. MCURDY's LETTER
Mr McCurdy in his letter gives Ill health a.
the cause IF his resignation, saying that his
physicians haze told him that the continuance
Of All active business life would SO impair ms
health as 10 ersdenger his life Mr- McCurdy
letter 10 The trustees, which is headed 80. -Oo
south-st.. Morristown, November =. l'o'' Is
as follows
During number Of years past, a. .l1oSl > ,L ~
board are aware I have from time 10 tune eA-
pressed nv iartioI1 of reIinquishing the place
Of president IF the Mutual Life iiisui - oH.
2sny of New-York, upon attaining Nei!'s
Of age
In June last. when my annual term OF ONCE 7
expired, having the previous Jahuals go I,,,
seventy years OF age, wished 70 60 sjic,y
plan and decline reelection 20 tlS me P:-ic,,si,,
but the ssrfoIs disturbance which preFlonsiS
had arisen in life insurance affairs reHueltN -
as believed nay duty TO remain al my 10, year
! nov, t73 ,st in atternpting to serve this com
Iany for the full term Of my Office oyfresr.
mated my physical powers and my pFter cor
saltstjon advise me that unless imnedlateIE
retire from active business occuparl3Hs ccup.5 as 70
health viii become so further impaired
ta8er fsere conditions ask the board 10 59.l &C
eept my resignation as president OF the
pany.
The board passed the following interesting
resolution. accepting the resignation:
In accepting the resignation OF M. he
McCurdy as president Of this COMPANY; hin ifs