The news-democrat. (Providence, R.I.) 1906-1909, 1906-09-27
FELL SCORES
PEABODY OF THE
MUTUAL LIFE

New York. Sept. N.-Herbert N. Fell.
one OF the Mutual LIES agency mana
gers who have ben dismissed because
they refused to pledge their allegiance TO
the administration ticket gave out some
interesting information yesterday.
He said that last spring he received a
letter from a large Mutual policyholder
in England protesting that the British
public had lost faith in the American
management OF the insurance business.
Mr. Felllanswered this letter. and accord
ing TO his statement submitted the reply
To both President Peabody and Vice Presi-
dent McClintock OF the Mutual. who "ex-
pressed their unqualified approval"
Among other things Mr.. Fell said I'm his
letter that "all the present trustees have
been legislated out of office" and that
IAN entire board will be elected by the
policy yholders on Nov l5.' He said fur
ther I'm the letter that personally he did
not expect that many of the old trustees
would seek reelection, because he be-
lieved that most of them would be glad To
OF responsibility, which they did not think
they were assuming when they first al
lowed their names To be used.
The agents" wrote Mr.. Fell TO the
Englishman. ARE I'm sympathy with pol
icyholders, from whose patronage they
derive their support. They are inde
pendently organized all over the coun
try. The New York association received
marked consideration at the public hear
ing of the present legislature. and II is
generally understood that they will see
10 1t that none but the best men are
elected trustees"
Mr.. Fell contends now that the agency
committee of the Peabody administra-
ton. Notwithstanding the fact that Mr..
Peabody expressed his unqualified appro-
val OF the sentiments expressed In the
letter "is engaged I'm Topping off the
heads of agents who have courage enough
to stand for the very thing set forth
the document" Mr.. Fell said that be-
fore his dismissal he told Mr.. Peabody
that he could not stand for the re-elec-
tion OF the Is old McCurdy trustees
named on the administration ticket, and
for that reason he felt Obliged TO throw
his support 10 the third or fusion ticket
which although IL endorsed Mr. Pea
body and the new trustees in the Mutual
eliminated those who We're members OF
the board during the period OF the scan
dals. 1t was only a short time after he
had submitted his answer that the agency
committee. which is composed largely
The regular monthly meeting Of the Mu-
tuaps board of trustees was held yester-
day. IL is understood that the situation
among the agents was discussed I'm detail.
definite move on the part OF some OF
the dismissed agents working in co-opera-
ton with policy holders Is expected today
or Friday. Something is 10 be done. II
was said yesterday, which will afford the
agents an opportunity 10 express them
selves more freely.
James G. Colgate, the banker, who or
ganized a policy holders committee re-
Gently In support of the administration
ticket, announced the makeup OF the ex-
ecutive committee, which will conduct its
campaign. Here IL is w. H. Harrity OF
Philadelphia. chairman; Henry Siegel,
Edward Holbrook, DIR. +. Il. l.. Gould,
Douglass Robinson. New York; r. NJ. Te
rondeau, Montreal, Canada; Edwin w.
Robertson. Columbia. S. c.: Dr. William
o. Thompson, Columbus, o.; Charles
b. Hubbell was selected as treas
urer and William III. Griggin, secretary.
The committee has opened headquarters
i'm the Gallatin Bank building.