The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1905-10-18
A FAMILY AFFAIR.
N IRtere sting Chapter to Insurance
Policy Holders
how Some Of the Old Line INSURANCE
Are Worked for the Benefit of
Certain Fa miles.

how Some Of the Old Line INSURANCE
Are Worked for the Bene fit of
Certain Families.
Jlmes H,zsn Hyde, James W
Alexander, J inn A.. Mccall, Georg
W. Perkins, Richard: r.A: sMc Curdy,
Robert Fl. MSCurdy. The New
York American eoitorially says thes
ire few of the insurance grafters
who sht uld hn tried Oh crimina! char
yes. CONNIE Z on the inv stlga-
lion now goiDH on in New Yrk OF
the insurance companies the NV
York American, says: I'VE hope anc
relieve that all the people + the Uai
ed States ars reading day by day tht
eports Of the investigation OF the
oethods of the life insurance CON
p.nies now In progress. The bri z
CONCESSIONS OF grating, lootirg au6
p culation ms b the heads of these
companies are 30 apparent to even
the casual reader that there seems
little need to call at. ention to them.
II any man holding policy In the
Equitable, the New York Life or the
Mutual Life does not discover from
'he testimony OF the cff1cials OF tnos
companies that be has been sold a 70 d
rick, o. butchered to make a holiday
or tine families Of the presidents, he
must be more than blin1-he must be
insane. -.
Now, mark, these men who have
been taking the money painfully scrap
d together by hard working people
to furnish fund for the support OF
their wives and children after.death
are eminently respectable" They live
In beautiful houses in Morristown,
Long Branch, Newport or other
charming spots. They are members
of the best" society, but for all that
they have done things that d,mends
investigation by Grand Jury.
OF all the crimes which New York
has known there Is none 90 heartless
and so cruel as that Of which Mccall
and McCurdy are confessedly guilty.
1t Is high time that what they have
done should be looked at in its proper
light as q crime-a crime to be pun
ished by penitentiary septence-and
not as mere matter Of corporation
finance.
The money paid into the insurance
companies IS not, in the main, that Of
rich men. We hear now and again Of
people who hold policies for $500, 900
or more. They are the exception.
The great volume Of the insurance
assets of something more than bill
lion dollars Is made up Of policies of
s2, 1000 or less. These policies repre-
sent the painful savings of hard work.
ing men, savings on which they can
nope to realize nothing, savings laif
up to save their wives and their boy.
and girls from privation If deaf
should take the wage-earner away.
Could there be any more sacr E
fund.- Gould there be any trust
posed in a man that should be quiz.
so faithfully administered
And yet this is what the heads Of
two life Insurance companies did with
these funds:
THE NEW YORK LIFE
John A. Mccall, president 100000
Darwin P. Ktnsley, son 1n.law,
second vice. president 10000
John c. Mccall, secretary, son $4,000
Ballard Mccall, son 10000
Ambrose Mccall, brother 5000
E. E. Mccall, brother 10000
Walter Fitzpatrick, brother
in.law 1000
Frank Dolan, brother-in law 7 500
Albert McClave, son-in.law 5000
There are also at least ten other
relatives of President Mccall who hold
minor places that pay them from
81, ,2J0 to 81, 900 q year each.
THE MUTUAL LIFE.
President Richard Richard A. Nc
Curdy $3.50, 600
r bit. q. McCurdy, son, general
manager, salary 10000
R1bert H. McCurdy, general
manager, COMMISSIONS 1uu .Uuu
L. A. Thebaurd, son-ln.law,
commissions 147,0O0
@. A, Gillette, cousin, connected with
Texas agency; commissions 75,s00
Ellis J Moore, brother.in-law $4,000
P. Stuyvesent Pilot, cousin to
brother-in-laY Is, 1000
The story Of boys Of nineteen to
twenty one being paid out Of the fam
lily loot salaries Of $40, 600 to s20, 900
is too familiar to recount here. But
what Of the man who earns 81, 500 a
year and pays the rascally parasites?
You, who may read this editorial,
may have an insurance policy, taken
to keep your wife or your child from
want II you should die. Does it not
compel you to scrape and save to meet
the yearly premium? Don't you once
in while lie awake wondering how
you are going to get the money to
keep it up. AMI now, when you find
your money, and that OF a host OF
other people Ike you, is being used to
maintain useless officials, all Of one
family, in luxury, don't you think
that it is time to act-time to put
some of these rich and respectfully
scuundels in jail?
What more contemplate lot OF ras-
Gals has the world ever known than
5he men who send agents to gather In
the money of people Of slender means
and then use it for their own profit?
II the criminal law Is unable to reach
these smooth scoundels, new laws