Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-02-06
The Author Of 'Frenzied FL
nance" Comes to Des Moines
to See Governor Cummins
THE HOUSE TODAY
Compliments Governor cummins on
His Fight for tho Peoples Interest
and Says His Mission is to Aid in
the Insurance Fisht-LesisIature
AppIauds Him.
LBy Ora williams.l
Speciaf to Tlmes-Kepuplican.

1
Des Moines, Feb 6.-Thomas w.
Lawson addressed the Iowa legisla-
ture this morning in a characteristic
VEIN He highly complimented the
governor of Iowa and spoke few
words of hopefulness for the campaign
! for insurance reform now being made.
AS soon as it became known that the
Boston man had arrived in Des Moines
to pay visit to Governor Cummins.
Representative Head introduced
resolution to appoint a committee to
and address the same. An effort was
made to smother this by Colburn OBJ
jecting to consideration of the reso-
luton, but Head moved that the rule
be suspended and this was carried by
a two-thirds vote and the resolution
passed with only seventeen in oppo-
sition. When Lawson commenced to
speak the senate took a recess and the
members flocked to the house cham
bers. Lawson said he had come to
Iowa for the sole purpose of endeav-
oring to add his mite to the informa-
ton Iowa's grand governor has been
collecting in regard to a subject which
is of vital interest to between seven
and eight millions Of people. He
thought he might add something that
would be of help and If 1t is possible
for Cummins to see this life insurance
question as Lawson sees 1t after
twenty-one months of study the
millions of policy holders will have
some greater assurance of protection.
They will be assured as never be-
fore that they will get what is
due them and the cost of their insur-
ance may be reduced 80 per cent.
What l am trying to do said Mr..
Lawson, "is to see to it that the AM
erican people thru such agencies as
YOUR governor and few of our good.
honest able. public spirited citizens
L like him, make sure of the solvency
of the companies and the reduction
of expenses"
He spoke also of the fact that in ad-
dition to the collections for legitimate
expense these companies have for
years been collecting large sums to be
used by a few for stock jobbing pur-
poses.
Lawson was heartily applauded.
F.. s. Monnett, former attorney
general Of Ohio: N. B. Broward, gov
ernor Of Florida; Fremont Older,
managing editor of the San Francisco
Bulletin, and several Boston newspa-
per men accompanied him. Immediate
ly upon arrival the governor met the
party at the depot, and drove to the
Chamberlain.
Lawson invited Cummins to serve
with four other distinguished REFORM
ers. on a committee to which ne VIII
turn over his New York Life and Mu-
tual Life proxies, and which he asks
to attend the coming annual meetings
of these two companies, for the pur-
pose of electing good, honest sound,
business men as directors.
The governor replied that he would
consider the proposition, and after
conference with Governor Johnson OF
Minnesota. one of the other members,
would make a definite answer.
The conference was held in the gov
ernor's private office at the state
house Lawson was accompanied py
p. Ridgeway, and A. Magasen, pub
Usher. Lawson told Cummins that the
other members of the committee VIII
be Governor Johnson, of Minnesota
Senator LalFollette, Of wisconsin,;
Governor Broward, of Florida; and ex-
Attorney General Monnett of ONO.
He said that he had received large
number Of proxies from policy holders
of the New York Life and Mutual
Life. which with others, he expects 10
get. and which he is confident VIII
come In if the committee plan goes
through, and will give him control OF
both companies The proxies are so
worded that Lawson cannot vote them
himself. He must turn them over to
the committee, of unquestionable re-
sponsible men, to be named by him.
which committee will attend the an
nual meeting and vote proxies. Law
son also told Cummins that
he desired the committee to
take steps to have the New York
statutes amended. to make majority
of directors of the two mutual COM
panies elected annually. At present.