New-York tribune., 1906-09-11
10 DISCUSS MUTUAL.
wy RE ANOTHER TICKET
r Colgate Calls Meeting OF
Large PoicyhOlders.

c.,-st, a Wall street banker "no
lanes : a. the Mutual Life Insurance.
Lo-. fo- sl.59oooo announced YoS's.-as ..,-srv
OOIs Il large pclicyholdeIs IN inc - =,
Ts.-- >, sas called for to-rnorTow inoi ms
E'',- -,-.,s,rt 10 sorrA new cofiii'i''oe -
'h' ,,ts-z,stiOnsl policyhoiders oo''lii..-''s =
" ,,,,.s object OF the meeting io-n'oiIo~
sns -, o.be- policyholders OF the 0oii'I.--,
70 H.s.-.., rs6e protective assoHation- II =
70 80 ,,st the committee 10 be organize
rnas,s.' rsw poI,cyholders' ticket In the IL
W. !, he administration ticket.
,-olgs,e gave out yesterday 'he go
~. - sent 10 about thirty other l@ie
i.,..,sors of the Mutual in the Chl'eu
T'l's .,.,osa Al the same time statlhg 'iiA'
fil =. ...,,,as favorable replies from ali ca
De -" Nsxt 10 Rodn3an WananaKer' %
g -. Mr. Colgate is the largest Mu..N4
Pal's'l,'-, ll-,.,.,,lser in the United States. Mr,
iie - - who is now abroad. is represeh'eo
=. International policyholders ooiliiiiS.se -
-..hsr. Mr. Colgate's letter Is 'i'e
:. sated August 30:
q large policy holder N ne s4JS- sb,-- S-itb
beas Conpany I have been NalC-.i-,s Nais,,,e ,e,Ss
l1sgTlLcs and some anxiety the CeFeiol'llis'''s
tsth Ife Insurance slluauoI5. ,,,,-,,t,.aa-r,o-e
2 - irternatiOual policy nolaeis i t,,,,,,-, IA
llS llSs,-iv and perhaps more accuIa'sls @ 80 IN a
1gglIe e-a,er &c c0nnittee-has been engaged lII .
igD against the past ana PIeSs1, 80, is IN
ulf-e. fbe Mutual Life anu NeW loik - -.
ul,on .. o.e,o,,sT,ies ~ For some reason they nave
flAAI-,i,slsrlv bitter IN their attachb uPoI
s.sl Sensational artcles III Ie "a - a. TeS ana
l.t--i -,isrs fo poHcyholoers printed IN Iea a,Ia @
60 ~ have conveyed the iqea ihal sNe'E ci-s is
bs.h with the present a4hlILI4slL -. - -
sosnes.su honesfy and Intelligence and that tne
Clllhis - co-rpsny are being shamefully az
49,. The effect of such statements, ,t -
..-.,T reiterated IN The press IS moss H'J
q % co'.li '.Sllfisicd myself some months ago thar
S5rees and criticisms brought sga..sts1 80 Sse
lt 49, administration were Lniali ana ulll @ to
Fs..., rbe company Is being carefully ana N.se- VS..
-.s-inisfered change ~ me preseil ,-e eli,-e
ssem unfortunate. For some time 4 AaNs
te-- ,bst N would be- greatly &c the interest
- roiicyhOlders II a committee were III me- ~
" r-i5 ri5 erSesvor 10 obtain the concerted &C
Fha WIZ WIZ -oiicv,oisers Of the Mutual Life
.-,Brbou the country ln supporting tne a9Iilials a
-sST ticket against the ciluclsnls aho CHeI ~ -
- 81 rs irternational policyhoders committee
II su-,r waited for some one else 10 start such
resele.L- ress L ~ v~i,a 20 a few policy holders who are
~ 81 ~ o7nosed 70 the attacks now being MADE
sssns, ibe Mutual Life 10 see whether iney ~outd
Sffera q meeting In this ciiE % CoislGeL .te l -
,;ssblfy Of organizing a committee Win me on
,s-f III erlstug as many n me pe.ic! c!ho.aeIs as
y,ossrje IN q Mutual Lie Protective SsS0clauoh;
~ I ssk you. therefore. II YOU VIII attend a
-, III small number or polCNnol0erS or me
SorpaTy. moi 70 exceed twenty or 50. iTom various
n september q Al u a IN. 10 consider the situa-
o.. ,,-rs interest which have in the company
~ Toit-ies amounting 70 g 50 eso-and the belief
.5 change al me present time VIII greatly affect
,he value 6f these policies is my excuse for this
sisl
Al the ofoe q the international policyholders'
committee. after Nf Coleates action became known
there G P scrughsH- the organization manager.
gave out me following sisteraent-
This committee does not expect 70 set its support
In ths movement from Wau Street or its aftilla-
tons Il requires No stretch Of the imagination 10
understand ne br'therhood that exists IN ana
ne ,s-is- saH.,uae NJ NJ. Colgate for the ad-
n,nTTail ucks including his championship OF
n nor assl1aes who are responsible Tor an the
scandals and UsfOrtunes II the old company,
seems litte premature These gentlemen rely on
fh'n memories Perhaps II Nj Colgate would
read what The Armstrong committee had 20 say
about me candidates who are trying 70 re-elecr
themselves and their nominees. and would then
var unul ne pohcyholders' icket has been an
bounced he would he In "a better position 20 judge
~ ne merits n the controversy
ihe ramhcaiions ~ the great financial powers
gai are behind the movement 10 re-elect the old
We notice thar ne has taken his cue IN the at
H'k on te eminent gentlemen constituting the
.ieihaiolal p0lcyhoders committee direct from
Nf circular letters issued ty the administration.
j ne p0lcyh0liors throughout the country know
or ne managements OF these two companies are
Ae tAef money and employees ana All the vast
- assets m the desperate efforts 10 keep their
Ef+it away from them. the administra ton
-..0 not have cOrp0rals guard left when the
eAos are counted. The Salarief agents instead
attending 10 the business for which the policy
.llfs aff paving them. have been converted into
tas eectioneering machine. and are travelling
e---- among the potryhOldeTs rlisrep presenting <
Hnsraton