New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-09-16
THE MUTUAL TELEGRAM
DEXTER TO AGENTS.
Vice-President Says They Cannot
Hold T5co Offices.

Following The Tribune's publication yesterday
of the Mutual LIES warning to it's agents not to
run against tho administration ticket. Tribune
reporter obtained possession last night OF copy of
n telegram sent by Vice President George T DeK-
ter acting under instructions from the agency COM
nittee. 10 all the company's managers forbidding
them 10 any ticket. The telegram. which is
dated September IS. is as follows:
Voted to-day: Resolved. That the duties Of the
ONCE Of trustee being Incompatible with position
mittee on insurance and agencies desires hereby to
one e. becoming candidate FOR membershp Of The
once. GEORGE T. DEXTER.
The OF the OF the telegram caused
great interest among insurance officials. speculation
running high 10 the significance OF the warning
Potests 10 the contrary Notwithstanding, the sd-
minstration and opposition united committees
have realized from the beginning that the general
agents who in direct touch with the mass OF
policy holders will be the determining factor I'm the
campaign. This is corroborated by President Pea
hodys trip TO Chicago 10 address the agents
Of the Middle West and by the placing the ''ad-
ministration" ticket Of William II. Lambert. the
company's former general agent I'm Pennsylvania.
The company IL IS said. has assured itself through
Its own sources or information OF the dissatisfac-
ton OF the agents with the companys present con-
dition. With the agents Il is declared. the discon-
tent with present conditions is not affair Of
sentiment OF ethics but purely OF business. and
Regardless OF what may be the outcome OF the
campaign. a large proportion OF the agents. Il IS
said. have stated that they will support the united
committees the belief that only in the defeat OF
certain the administration ticket and
their replacement by others. who not open 20
attack the agents hope for restoration OF
public confidence. Moreover. inquiries as 10 the
reason for Mr.. Dexter's telegram disclosed that two
general agents will actually be represented on the
united committees ticket. II is believed that this
action viii more than offset the temporary resent
ment by the agents OF the "OppOsition's" charges
Of ''rebating" b. the company In certain states.
some Of the agents in these states seeing in the
allegations an attack their professional honor
George r. ScTugham. the international commit
tees manager. after he had read The Tribunes an
nounoement OF the companys warning telegram
said:
II Is surprise 20 US. and is but new and added
proof Of the desperate situation IN which the pres
ent management realizes II is placed. PERSUASION
threats and intimidation are the only ANN
OF the administration II knows that there Is Woe
spread dissatisfaction in the ranks Of its agents
and managers with the past regime The agents
realize that the reduction IN volume OF business
in the last year has been the direct result Of the
disclosures OF reckless management ana aver
sion Of the policy holders funds by the trustees ana
knew that the only way in which public confdence
can be re-establshed IN the company is by COM
plete change in the personnel OF ne ooalo OF q
tors and the executive officers They also know
that this committee IS making no attack upon the
agents but is earnestly DESTROYS. by raising me
standard OF managerial integrity 70 re-estaDIl
public confidence in the company ana restore Il 10
TIE agents and managers will not permit them
dependelt and conspicuous Of them may yield 10
tie pressure being brought 10 bear. we are advised
their number are in full sympathy with the policy
holders movement