The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-05-28

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IIa.t t |.ut#ttff lft3fr, The ttHta tair.
mfl.a .u fNa fulUI4ff. thlrh hHs hean
arst,Hts mufh uHtr l%aisHihe vs. No state
neHi ~ lnfuftr.p niHtmisafrnnfa ffbm
,rr.oa State ttttaf 10 aai FepfrWnta.
N,fr n we Insurance e,Ftpanlea has Mr.
AIN tsfesi lhai no hll shall MT ~ fepgftei
~ iha asairn ~ tongfcas Tho ftaann
arsirfe,i 10 fhai fhr eih lsut IL iHn n,Fh IN.
vni,eI AMI tao intfrais h. 10 esamlued
carefully and pasafd uf1n IN tho hfief time
fempInihs hri uesn nHw and sdjoufhmrht
The cub irct whirh r-ciirieh the atiefsinn
n memnefa ~ Cnnsrrg rpfr than any
nthct whom me soaairn began and which
vna dia.iaasd DO 10 efrIior oytsut evrn than
The iarn. boz thus a.lr'rackri AND tho hll
lsftI ~ ita ~ 'hr committee
The insurance r'mrinira mad" = hard
fight against tho niI Firai they tried 20
delay NJ consiiotttiou Nv the COMMITTEES
and would dpibtlea. have a,irorrdrd IN
HNNtNN 'N' lINI INli''NlIlI''l WV wv WV
persistent crpris n i,eprt -eniatl W. Amca.
the father u tho measure and thn-" who
have stood with him In the fight When
the pressurc for consideration ~ the hill
became ~ great that Il could no longer 10
resisted, II was taken up In the committee
and protracted hearings were held, during
which some additional information upon
the management ~ certain Insurance com
paniea and further contribute ions ~ the
money Of ~policyholders n campaign funds
were disclosed A number " insurance
commissioner from the vakious states
appeared before the committee and urged
its passage. They had heen active In az
aisting Representative Ames In the prepara-
ton If the measure, which, while II applies
only to the District NJ Columbia, was in
tended to serve M a model code Of insurance
and to set up n standard which would be a
guide 10 the different States.
The insurance companies came down
upon the measure in full force, twenty-five
or more Of them sending representatives
here TO oppose the bin, The point was
raised during the hearing that the measure
sought 10 do by indirection what il had been
decided by the Supreme Court and the Com
mittee on the Judiciary could not bo done
directly. namely, accomplish Federal con
troll Of insurance. The insurance companies
H1hlt flNtIl VI NIllN tlEhihlANs
From the first Chair man jenkins of the
Judiciary Comm ittee refused 10 have anv-
thing TO do with the consideration of the hiil
and would not attend the hearings, assigning
his place at the head of the table to Repre-
sentative Parker Of New Jersey. Ithas been
charged that Mr.. Parker was irving to kill
the bill. Mr.. Parker denies emphatically
that he is prejudiced against the measure
and declares that it has had a fair show.
Members Of the committee who oppose the
hill asuort thaf tba ransom for not taking |
action upon il is that they have not had
time TO examine. into all of its provisions
and the probable effect OF such Legislation,
Discussing the subject to-day, Repreeenta-
tive 1irrelI of Massach usette, q member
Of the committee, said: 3d. "a &a
Il am one of the members OF the COM
mittee who would hke. 10 see the. bill re-
ported and passed. The hill provides al
method for dealing with, the Insurance
and provide s~afeguards for the policy !
holders, so far as anything can. guafantee
security and provide safeguards$ Con
gress canno enact Il Federal insurance
law, and this measure i. one which. while
and applies onlyto the District Of Columbia.
does set up a standard which. the States
should follow. | believe II would, prove
a very elective measnre. MY Colleague, |
much time and money in perfecting the
measure. and has done a great good. The
bill is thorough combining the best thought
and the hest exercise of legal talent on the
oommissioners of the different States and
the President of the United States. have
given il their Endorsement, and it Is one
of the bills which | believe Congress should
pass before 1t adjourns. However, some
of the members of the committee think
that the subject is too big to warrant them
in agreeing to. report it at this session.
which is drawing to a close and which