Arizona republican., 1906-07-18
STANDARD OIL MEN
 QUIT MUTUAL LIFE
They Believe Their Association is Damaging
 to the Company
Rogers However Declares That the Oil Corporation Has Never Made a Cent Out of It's Relations the
 

New York, July 1.-The committee of trustees of the Mutual Life Insur- ance company appointed to nominate a board of trustees to be voted for at the annual meeting of the company in December, made a final report today. and in doing so disclosed the fact that Henry H. Rogers and William Roclke- feller had withdrawn from further con- nection with that body. In seeking from President Peabody the cause of this action on the part of Standard Oil interests. MT. Peabody gave out per sonal letter from MT. Rogers, upon which he said he would make no com ment.
 In this letter Mir Rogers said: When troubles came upon the com pany I felt it my duty as a trustee to stand by and do anything I could of service to my fellow members and policy holders. I believe I have rem dered some assistance.
 "The statement has been frequently made that I caused your election to the presidency of the Mutual company. No one knows better than you how false this is. You know that I had but the slightest acquaintance with you be- fore your election; that I never ex- changed a word with you respecting v the inspiring cause of your selection.
 Apparently the people who are most active in their hostility to the present administration are using the fact of my connection with the Standard oil company as a ground for criticism. While this is a sufficient reason for my refusal to be a candidate for trus- tee, since no one has a right to put such large interests in jeopardy, for the sake of achieving a personal Yindi- cation it is yet true that aside from the relations of MT. Rockefeller and myself as policyholders and trustees, neither the Standard Oil company or anyone occupying an official position in that corporation has ever in the slightest degree had any business or any other relations with the Mutual Life Insurance company. and in the case of Mir. Rockefeller, who is now ab- sent. his policy matured some months ago and was paid, and he therefore i' no longer a policyhOlders He wishes to be relieved from any further service as trustee
 If anyone imagines that the Stand ard oil company or any of its officers have profited out of any relation to the Mutual Life Insurance company, he must be strangely ignorant of the facts Neither MT. Rockefeller nor myself have been identified with any under writing scheme. nor have we been en- gagged in any business affairs of the Mutual company by which We have been gathers. On the contrary, WI have given business to the Mutual anC it's allied companies. from which they have largely benefited"
 In giving out the list of trustees nominated by the committee, it wa announced that acceptance had no been received from all the candidates but it was said few or no refusals ar expected. From source of infOrma ton that should be authoritative, i was learned that President Peabod, would not be a candidate for re-elec tion in the sense that he will make an, effort to succeed himself
 The full tickets is as follows: Johl A. Auchincloss George F. Baker. Hug Barring. Charles Brown. Dumont Clarke Frederick Cromwell. Cyrus Curtis Julien L. Davies, Charles D. Dickey William P Nixon H. Rieman Duval George Gray. Charles R. Henderson Harlow N. Higginbotham. James N Jarvis, August D. Juiilard. William H Lambert, Charles Lanier, Sir Hiram Stevens Maxim. Emery McClintocl