The sun., 1906-01-30
SHAPING INSURANCE REPORT.
DIFFERING OPINIONS EXPECTED
TO BE RECONCILED.
Armstrong Committee TO Get TO Work
Tomorrow on the Final Revision to
lie Present ed to the Legislature Feb.
l2-There'll BE as 600 Words OF II.


Tomorrow on the Final Revision to
lie Present ed to the Legislature Feb.
l2-There'll BE as 600 Words OF II.
II nothing interferes with the plans OF
the Armstrong investigating committee
its report will be presented to the legisa-
ture on Monday February IL. The report
Will consist of 5000 words. The com
mitteemen when the public inquiry ended
on December 30, had the reforms which
they desired TO make pretty well in mlnd,
and the work Of drafting the report was left
chiefly to Charles f.. Hughes, the com
mittees leading counsel, and Senator W.
W. Armstrong, the chairman.
The tentative draft of the report is about
ready now. II will be brought before the
entire committee Tomorrow Each recon-
mendation in the rep ort will bo taken up
separately and discus sed. Although the
committee Ia said to be a unit on the general
reforms that ought TO be instituted, several
of the members, il is said, have decided
opinions of their own Hs to the remedies
that ought to be applied Some of these
opinions differ. and it is expected that Il
good many. suggestions and revisions OF
the original text will be made before the
report assumes its final form.
There were reports last night to the
effect that the Democratic members of the
committee, Senator Riordan and eN-Assem-
byman Mcheown might hiring in minor
ity report. Mr.. Mckeown, however, denied
this He said that he had talked with
nobody about such matter and the thought
hadn't entered his head. He believed that
tho commttet. was pretty thoroughly in
accord on the recommendations that ought
TO be made. that the report would be drastic
and that It would bear the signatures of all
! the members.
OF coilrSc. if things were omitted from
tho report which he believed ought to be
Incorporated in it, he would not hesitate
to express his opinion formally. Begin
nrrg with the meeting OF the committee
tomorrow, the investigators will continue
to hold sessions every day in this city until
the document is ready To he sent to Albany.
Every possible precaution has been taken
hv the committee to prevent leak and
extraordinary plans have been made for
the next two weeks. The report won't
be sent to the State Printer like the ordi-
nary reports OF Legislature committees.
The committee won't even have it printed
until after it has been made public.
Only five typewriter copies of the re-
port will be made. One will be sent to the
Assembly, one to the Senate, and the re-
naming three will be turned over to the
press associations. One of the commits
teemen said yesterday that the report
would include not less than twelve fun
Galilental recommendations each OF which
would be embodied in bill to be intro
duced in the Legislature.
Senator Armstrong will leave town
to-day for Albany where he will try to
push along the bill that has been intro
duced in both houses relative to the print
ing of the testimony taken before the CON-
mittee. The bill has been advanced to a
third reading. 1t authorizes the Arm
strong committee to procure printed VOL
umes of the testimony.
The State Printer, against whom the bill
is directed, has promised to be good and
turn over the printed testimony as fast
as possible, regardless Of his own personal
plans to sell it at SIS volume, but the
investigators don't intend to take any
chances
The State Insurance Commissioners and
others who have ARA ged for the big life
insurance conference in Chicago on Febr,l-
ary are excited over the circumstance
that the Armstrong committee recon-
men0al ions VIII not DP rlluTe Pubic IN llITe
for the conference The intention of the
commissioners was to make the report of
the New York State invest igators the basis
Of act ion by the conference.
Elaborate plans have been made for the
meeting, which in many respects will be
the most notable insurance gathering Of
It's kind ever held, BESIDES the commits
sioner from each state in the Union the
Governor and the Attorney General also
have been invited. Attorney General
Mayer has announced hat he will make
public at the conference his plans for bring
ing suits against the New York Life and
SeLutual trustees to compel an accounting
END restitution. Senator Armstrong has
Y,otified the persons in charge of the con-
Ference that it will he impossible for the
tgcommttee to make the report public and
t6has suggested that the meeting be adj
lEo,irned until after the report is in.
III One member of the Investigating COM
a,ttee said Yesterday that IA bill would
Z Probably have 10 be introduced in the
legislature calling for further appro-
Friation for the committee. The States
original appropriation was $4,000, and
slmost that amount ii was said had been
Expended in counsel fees and payments
10 stenographers. This member thought
!; THAT it might require as much again to clear
II IN the committees expenses.