Virginia citizen. (Irvington, Va.) 1891-1921, 1905-10-27
TO LIFE INSURANCE POLICY.
HOLDERS.

hOhUEkS.
AT the beginning of my story
nearly year and half ago, | made
certain accusations against the man
sgement of the three big life-insur-
ance companies.
knew, when / began my story,
that the big life-insurance companies
were in the hands of grafters and
thieves, just as are the great banks,
trust companies, railroad companies,
and big corporations and trusts.
This l knew and, in plain lam
guage, said it.
To-day the press of the world is
devotiug it's space, news and editorial,
to recital of the contemplate and
heinous crimes of the New York
Life and the Mutual Life Insurance
companies-not as relate them, but
as their own officers and trustees
publicly confess them.
In the July instalment of nv story
| called upon policy holders to sign
a coupon blank inserted in this mag
.azine, aud send came to me that
might speak for them in a plan to
further-lbtir interests.
lu response TO my call have re-
ceived rp TO to-day, October 4tb,
16,307 answers, representing $55,-
5,916.
As soon as | received a number OF
signatures sufficiently large to war
rant 1t, Iquietly began operations.
( The first direct result is the in yesti-
cation now being held. This inves-
tlgadon has proceeded far enough to
put before the public absolute proof
of all the crimes / have charged, and
three to thirty times as many more.
ltis now evident to all that:
1st. The policy-holders IN the great
companies have yearly paid into their
company scores of millions more than
necessary.
I'd. The policy-holders have been
directly robbed of hundreds of-mil-
lions.
3D.. The vast funds now Oh hand
have been habitually used by the
grafters now in control of them in
the rankest kind of stoek-gambling.
4th. These funds have been habi,
tually used to corrupt the ballot-box
and the lawmakers of the country.
| repeat, absolute proof of all this
has been made public.
1t should now be evident to all
that:
1st. The funds now on hand are
in actual jeopardy. because they are
in the absolute control of unprin-
cipled scoundrels.
21. Unless something is done. at
once, by the policy-holders, every one
of the largest companies may become
insolvent; that is, they may not be
able to meet the engagements of their
policies, because of waste of funds,
tremendous falling of of new bust
ness, tremendous cost Of new bust
ness, and the nature of the new busi-
ness-so-called graveyard business;
for / am credibly informed that they
are now seeking to insure those who
formerly have been refused insurance
SOSouSC VI PhJSiOdt uulullJlc6.
It should also be plainly evident
that, if the policy-holders move, and
move quickly, they can be absolutely
assured that:
1st. The funds as they are to-day
will remain intact.
I'd. They will be added to by the
restitution of from $75,0O0,000 to
$3.50. 100000.
Sd. A score of the thieves who
have plundered policy-holders In the
past will be sent to prison.
4th. The future payments of poll
cy-holders will be largely cut down.
9th. The present swollen surpluses
will be returned in large part to poll
cy-holders.
9th. In the future policy-holders
will actually run the company.
9TH. All policy-holders can be as
sured that in the future they will
receive the actual worth of their
policy at surrender.
All this being so, it is most emin--
emily desirable for policy holders to
act, and at once.
THOMAS w. LAWSON, in Every
body's Magazine"