The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-07-19
ROGERS, ROCKEFELLER,
OUT OF THE MUTUAL
Former Writes Letter Denying
Reports That Have Been
Circulated.

NEW YORK. July 1S.-The commit
tee Of trustees OF the Mutual Life In
surance company appointed to nomi-
nate a new board Of trustees TO be
voted for at the annual meeting of the
company in December, made its final
report today, and III doing so disclosed
the fact that Henry III, Rogers and
William Rockefeller had withdrawn
from further connection with that
body. In seeking from President Pea
body the cause of this action on the
part OF the Standard Oil interests, Mr..
Peabody gave out a personal letter
from Mr.. Rogers. upon which he said
he would make no comment. In this
letter MIR. Rogers said:
When the troubles came upon the
company / felt 1t my duty as a trustee
20 stand by and do anything | could
OF service TO my fellow members and
the policy holders. | believe 1 have
rendered some assistance.
Denies Common Report.
THE statement has been frequently
made that l caused your election to the
presidency of the Mutual Life company.
No one knows better than you how
false this is. You know that l had
but the slightest acquaintance with YOU
before your election; that ! never eX-
changed 4 word with you respecting
your candidacy. nor was | in any sense
the inspiring cause OF your selection,
Apparently the people who are most
active in their hostility to the present
administration are using the fact OF
my connection with the Standard Oil
company as a ground for criticism.
While this Is a sufficient reason for
my refusal to be Il candidate or trus-
tee since no one has n right TO put
such interests In jeopardy, for the sake
OF achieving n personal Vindication. it
Is yet true that. aside from the rela-
tions of Mr.. Rockefeller or myself as
policy holders and trustees. neither the
Standard Oil company or any one oc-
cupying an official position I'm that cor
poraton has ever in the slightest de-
gree had any business or any other
relations with the Mutual Life Insur-
ance company; and in the case of Mr..
Rockefeller, who is now absent his
policy matured some months ago and
was paid and he therefore is no longer
a policy holder. He wishes 10 be re-
lieved from any further service as
trustee
List Of Trustees,
IF any one imagines that the
Standard oil company or anv Of its
officers have profited out of any reIa-
ton to the Mutual Insurance company
he must be strangely ignorant of the
facts Neither Mr.. Rockefeller nor
myself have been Identified with any
underwriting scheme. nor have We
been engaged IN any business affairs
with the Mutual company by which
we have been the gamers. On the
contrary, we have given business to
the Mutual and its allied companies
from which they have largely benc-
fited.'
In giving out the list OF trustees
nominated by the committee, il was
announced that acceptance had not
been received from all the candidates
but it was said that few or no refusaIs
were expected. From a source Of In
formation that should be authoritative.
1t was learned that President Peabody
would not be candidate for re-elec-
ton in the sense that he would make
any effort TO succeed himself The full
ticket Is as follows.
List of Trustees.
Baker, Hugo Barring, Charles s.
Brown, Dumont Clarke, Frederick
Cromwell, Cyrus Curtis, Julian T. Da-
vies, Charles y. Dickey William p
Nixon II. Rieman Duval, George Gray
Charles r. Henderson, Harlow n Hig-
ginbotham, James n Jarvis Augustus
d. Juillard, William II, Lambert,
Charles Lanier, Sir Hiram stevens
Maxim, Emory McClntock William c.
Mcmillan, George +. Miller, Theodore
Morford, Thomas NJ Mulry, Charles
A. Peabody, Emile Oscar Phllippi
Henry Phipps, Alfred NJ. Shook. Leroy
Springs. George c.. Rand. Louis Stern,
Henry w Taft, Benjamin f. Tracy,
William X. Truesdale. X Mex.
Twombley and Cornelius Vanderbilt.