Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1906-09-07
The International Policy
Holders Commit
tee Acts.
RECENT STAND CAUSE
Letter UphoIding Peabody
Brings Wrath Down
Upon Him.


c. McCabe of the Methodist church,
whose home is in Evanston, ILL.,, yester-
day was evicted from the international
policy holders committee. Thus did
the committee answer the bishops rec
ommendation that it accept the admin
istration of the Mutual Life and the
New York Life insurance companies.
Eighteen of the twenty-five members
of the committee were present at the
meeting, and the vote to dispense with
the bishops services was unanimous.
Bishop McCabe's attitude, the commit
tee said. is SO completely out of SYM
pathy with the announced purpose of
the organization that it amounted in
effect to a surrender of his member
ship.
Letter Hot stun for Peabody.
Bishop McCabe's views on the ad-
ministration ticket and also on the in
ternational committee were expressed
in letter addressed to Alton B. Park
er and made public in hurry by Pres
ident Peabody of the Mutual Life
Mr. Parker is chairman of the inter
national policy holders executive COM
mittee. Although the bishops letter
was addressed to him, in reality it was
intended for Mr.. Peabody's use. The
letter said in part:
"The administration tickets of the
two companies include many gentle
men known to me, and many others of
whom I have obtained much informa-
ton / am satisfied that it is not pos
sible to nominate trustees who,- under
all the existing circumstances, could
better converse the great interests of
the policy holders than those recently
named on the two administration tick
cts.
Recommends Adoption.
You are the chairman of sub-com-
mittee charged with the duty of form
ing ticket. and SO far as my voice and
vote are to be considered urgently
recommend the adoption by your COM
mittee of the administration tickets of
both companies and their unanimous
election by the policy holders"
In another place in the letter Bishop
McCabe paid his respects to the inter-
national policy holders committee as
follows:
Il am quite sure that the members
of the committee, who may have per-
sonally signed the address, cannot pos
sibly approve the form in which it has
been sent out or the Incorporate and
vituperative language in which our al
legged opinions are constantly set forth
by the spokesman of the committee"
Resolutions Adopted.
These are the resolutions ousting
Bishop McCabe:
Resolved, That this committee re-
CARDS the attitude assumed in said let
ter as so completely out of sympathy
with. the announced purpose of the
committee as to amount ineffect to a
surrender by Bishop McCabe of his
membership in the committee. and he
is accordingly relieved from further
service
Resolved, That the chairman of the
executive committee is directed to re-
ply to the communication of Bishop
McCabe in such form as he deems ap-
propriate.
the committee it is not in the interests
of the policy holders to accept or in
dorse the administration ticket of eith-
er company
1t was stated the committee had
agreed upon directors of the New York
Life as well as those Of the Mutual,
but no names were to be made public
until tickets are fled with the superin-
tendent OF insurance Sept. IS.