Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-12-22
Acceptance of Presidency of Mu-
tual Would Mean Abandon
ment Of Aspirations
FRIENDS DOUBT HE WILL ACCEPT
Believe the Making Public Of the Of
fer Had a Purpose-WouId Test
Iowa sentiment-Iowa Laboring Man
Honored-Iowa State College In
struction Bearing Fruit.
struetion Bearing Fruit.
Special to Times-Republican.

Special to Times Republican.
Des Moines, Dec. 22-Des Moines
business friends of Secretary Shaw are
pleased with the rumor that the dis
tinguished Iowan has been offered the
presidency of the Mutual Life Insur-
ance Company of New York Secretary
Shaw is equally well versed in insur-
ance and in banking. 1t is recalled here
that he has had good deal of exper-
fence in insurance matters and while
governor he took a great deal of inter-
est in the subject. He was one of the
organizers and officers of the National
Life and Trust Company, being con-
nected with ex-Secretary of State
George Dobson and p. NJ Starnes in
that company. 1t has been a matter of
common report here that Shaw made
a good deal of money out of this COM
pany. but that is not the case. Starnes
was the one who most protited by it's
wonderful growth and by It's being
merged into big Chicago company.
But this company was pioneer in the
issuance of the gold bond certificates"
which so aroused the enmity of the old
line 1ncurance people that they finally
organized to crush the new company
and it's wonderful new policies.
The Mutual Life was one of the COM
panies which diverted some of it's So
called yellow dog fund.- to Iowa for
the special purpose of driving out of
business the companies, one of which
was organized by Secretary Shaw
This fund was used with more or less
freedom in making the fight on the
Iowa companies. 1t was in free circu-
lation at the time w. E. Curtis, cores
poident of Chicago paper came here
and secured information, most of it old
and we'll known, out of which he
constructed a series of sensations arti-'
cles, Which made for the finish OF the
company Shaw had helped organize.
1t is recognized, however, that if
Shaw is ready to become president of
New York insurance company. it
means practical abandonment of his
political aspirations for the present.
For this reason many of Shaw's friends
here believe that the story has been
put out for effect and to find out
whether there is any demand for the
secretary to return to Iowa two months
hence and engage in politics.
a*
The report of the state college ut
Ames has been filed with the governor.
The estimate of appropriations that
are needed is not included in this re-.
port, but will be filed later, the board
having meeting for that purpose next
week.
The report makes much of the fact
that the work of the college is bearing
fruit. That the quality of the in
struction is apprecaa is shown by the
fact that the heads o;e,he animal hus-
bandry department of nineteen of the
agricultural colleges of the country
today, are graduates of the Iowa col
lege. A great many of the graduates
have distinguished themselves in other
lines
Attention is called in this report to
the fact that what is needed now is
greater attention to the development
of manufacturing lines of the agricul-
tural and other resources of Iowa. This
is the reason for the emphasis placed
on engineering and other departments.
Agricultural high schools and their
extension work is commended, and at
tention is called to the necessity for
cores pondence course in connection
with the college. Already the mail for
the college amounts to upwards Of 40,-
900 letters year, a large proportion
of which require answers more or less
special, and this work is increasing.
tss
Honors have just come to another
Iowa. man in the east. This is Arthur
e. Holder, whose official home is Des
Moines, tho he has been living for the
past three or four years in Washing
ton He has just been selected by
President Gompers as one of the mem
bers of the legislative committee of the
American Federation of Labor. Every
member of organized labor in Iowa will
approve this selection, for Holder was
one of the most aggressive and active
of the men connected with the Iowa
federation a few years ago. He was
made assistant labor commissioner un-
der Governor Shaw and was continued
in the position until he resigned to go
to Washington to become associate edi-
tor of the national organ of the ma
chinists. President Gompers has been
after him some time and finally has in
duced him to give up his work in con-
nection with the magazine and devote
himself to legislation. He will remain
In Washington and devote his entire
time to this.