The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-07-18
ROGERS, ROCKEFELLER,
OUT OF THE MUTUAL
Former Writes Letter Denying
Reports That Have Been
Circulated.

NEW YORK, July D.-The commit
tee of trustees OF the Mutual Life In
surance company appointed to nomi-
nate a. new board OF trustees 10 be
voted for at the annual meeting OF the
company IN December, made its f'nal
report today. and In doing so disclosed
the fact that Henry H. Rogers and
William Rockefeller had withdrawn
from further connection with that
body. In seeking from President Pea
body the cause of this action on the
part OF the Standard on interests, Mr..
Peabody gave out a. personal letter
he would make no comment. In this
letter Mr.. Rogers said
When the troubles came upon the
company ] felt II my duty as q trustee
TO stand by and do anything | could
Of service to my fellow members and
the policy holders. ! believe / have
rendered some assistance.
Denies Common Report.
The statement has been frequently
made that | caused your election 10 the
presidency OF the Mutual Life company.
No one knows better than you how
false this is. You know that l had
but the slightest acquaintance with you
before your election; that never eX-
changed a word with you respecting
your candidacy, nor was I in any sense
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 candidate or trus-
tee since no one has a right TO put
such interests In jeopardy, for the sake
of achieving n personal vindicatiop. II
is yet true that, aside from the rela-
tions Of Mr.. Rockefeller or myself as
policy holders and trustees, neither the
Standard OIL company or any one oc-
cupying an official position In that cor
poration has ever In the slightest de-
gree had any business or any other
relations with the Mutual Life Insur-
ance company; and in the case OF Mr.
Rockefeller, who Is now absent his
policy matured some months ago and
was paid and he therefore is no longer
a policy holder. He wishes to be re-
lieved from any further service as a
trustee.
List OF Trustees.
IF any one imagines that the
Standard OIL company or any OF It's
ofhcers have profited out OF any rela-
tion to the Mutual Insurance company
he must be strangely ignorant OF the
facts. Neither Mr.. Rockefeller nor
myself have been Identified with any
underwriting scheme, nor have we
been engaged In any business AFFAIRS
with the Mutual company by which
we have been the gaIners. On the
contrary. we have given business to
the Mutual and its allied companies
from which they have largely bene-
fted."
In giving out the list of trustees
nominated by the committee, Il was
announced that acceptance had not
been received from all the candidates.
but 1t was said that few or no refusals
were expected. From a source Of in
formation that should be authoritative,
II was learned that President Peabody
would not be n candidate for re-elec-
tlon in the sense that he would make
any effort 10 succeed himself The full
ticket Is as follows
List of Trustees.
John 4. Auchincloss, George r.
Baker Hugo Barring, Charles s.
Brown, Dumont Clarke, Frederick
Cromwell. Cyrus Curtis, Julian 4. Da-
Yies. Charles d. Dlckey, William P.
Nixon, II, Rieman Duval. George Gray.
Charles r. Henderson. Harlow y. Hig-
cinbotham, James y. Jarvis. Augustus
ID. Julllard. William n. Lambert,
Charles Lanier, Sir Hiram Stevens
Maxim. Emory McClintock. William c.
Mcmillan, George F. Miller. Theodore
Morford, Thomas M. Mulry. Charles
a, Peabody. Emile Oscar Philippi,
Henry Phipps. Alfred NJ. Shook, Leroy
Springs. George c, Rand, Louis stern,
Henry w. TAFT Benjamin F. Tracy.
William X. Truesdale. X Mex
Twom bley and Cornelius Vanderbilt