New-York tribune., 1906-04-02
" NO REAL REFORMS
SO SAYS MR. UNTERMYER.
Declares Latest Mutual Report Only
Adds to Housecleamng Farce"

'Related exposures of things we already know
is the way In which Samuel Untermyer. attorney
for the international polcyhoders committee. char
acterized the Truesdae report which was pub
ished yesterday.
He declared that the report meant nothing so lar
as the real housekeeping of the Mutual Ihie
was concerned. He intimated that it was another
reason for the poicyholders' committee to investl-
gate from the outside. and said that this report
like tho defence of George ". Perkins. was an at
tempt to shift responsibility. Mr.. Untermyer said;
Yes have read the latest instslment of the ex-
pensive and overworked press bureau OF the insur-
The New York Life was last heard from. but its
was M pgns tbe real head
and front of the New York Life who. 10 protect
COMMITTEES knew all about the campaign contribu-
tions The farccal and insincere character OF these
each chapter is issued The policyholders are not
SO easily miseS as gentlemen t Sc seem sboT s9 Mr
Truesdae was menbsr Of the agenSsa fsa Wtb the
duty Of supervising these contracts while Messrs
McCurdy, Theobald and company were drawing
Wba fb iO tan repo is loud IN it's denGnca
ons of those who have already been eAc3riated ana
no aid or comfort from Mr.. Truesdale or his aSso-
Gates @ It is tranggy es m as @ 80 th ne FeWr report
concerning the liability OF the finance committee
which we already know in spite Of the attempts
of these gentlemen to suppress the facts, i seine
only TO emphasize the urgent need fer genune genuine
Investigation of these companies by
that in way responsible Tor tne st ne
just beginning TO learn the opening &c dggnths
OF corruption that must underlie the surface lndt
has only begun to be scratched ..h all the
years such exorbitant premiums and have returne9
so little that their solvency Is fortunatey neyonu
But it must now be apparent to all that there can can
be genuine reform until the facts are Hh0w anu
The efforts shift all the blame upon psId Sde ofcer
ought not to and will not suGcee9S ~. +-o,bIes
BY not daring even to go through the form OF "a. an
investigation. 1t is too late now 10 oeIos 'he
By he way, I see it is now not only admitted
but assented by way of defence. in the PeIklns
civiily liable for the Campaign contributions of 1S
ought not to be held crminally HanIe eecapsr ', n
the contribution and approved -i OF IT, ra hfs asso
ciates on that committee did not sue themselves in
stead of trying to divert attentlon oy Rihs SUIT
dent? Perhaps they did not know that they knew
OF the contribuons-when they virtuously dlrecte1
what the policyholders may expect from that sort
OF ''housecleanng.''
the better it will be for all concerned including the
regulations of the gentlemen who are conducting
the performances
The officials of the Mutual Life who criti-
cised in the fifth chapter of the Truesdale report
We're not inclined to discuss it yesterday. There
rumors OF further designations. but most OF
those concerned pronounced the runors groundless.
John A Fonda vice-presdent. when seen at his
home IN Brooklyn last night. said that the public
evidently had misconceived the report. He had
no intention of resigning.
DR.. Granville NJ. White. one of the two secre-
taries of the company. who were mentioned in the
report, when seen at his home in Morristowr, salo:
Il can see nothing in the report that eritIcses 91
about to resign is absolutely without foundation.
40 hlnt OF sIfo faaI or mas M VAS said would Come 70
this city from Albany to-day. and remain most of