Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-01-12
Iowa Companies Are Beginning
to Take Cogllizance of the
Legislatures Action
CIRCULAR TO THE MEMBERS
Each Representative and Senator Has
Received Communication Unsigned
But Evidently Coming From the In
surance Interests The Lesis-
Iative News.
[By Ora williams.l
Snecial to Times-Rep

1
companies are not sleeping in the mat
ter of the insurance investigation pro-
posed, was shown by the fact that ev-
| cry member has received the following
circular, type written and without sig
nature:
Food for Thought-Some reasons
WHY the senate and house should not
appoint AN investigating committee 70
examine Iowa insurance companies.
1. Because Iowa has in Auditor
| Carroll one Of the most thorough, hon.
est and capable insurance officials in
| the United States, and so recognized by
insurance commissioners of other
| states.
| g During the past year all but one
| or two life insurance companies or
ganiZel in the state of Iowa have been
thoroughly and almost microscopicas-
ly examined by Auditor Carroll and
his able assistants. They have gone
over the same ground as the Armstrong
committee in New York and in accord
ance with the provisions of the new
bill just introduced calling for a COM
mittee to investigate Iowa companies
8. The state auditor has, during the
past year, made a number of excellent
recommendations to the companies re-
Gently examined, and there is no COM
pany that has not cheerfully agreed to
hi, valuable suggestions for future
methods.
4. This bill doubtless emanates from
the Representatives of eastern compan-
les whose thoughts to draw fire from
their companies and have the invesu-
eating guns trained on western COM
panies with whom they have SO much
connection on account OF the Iowa
deposit law.
5 None Of the Iowa companies
would oppose any sort of honest thor
ough investigation provided Auditor
Carroll be made eX-ofticio chairman of
the investigating committee and the
state of Iowa bear the expense of the
examination.
g. In view Of the fact that the COM
panies recently examined have had to
pay all the expenses of the same which
is no small item, no charge for inves-
tigation should be imposed ON any of
lliC 1oNet COMPANIES Wy SlAAS SOtAAhiiSsSS
if one be appointed.
Z. 1t would delnoralize the business
of all life insurance companies to have
the work of this committee hang fire.
as it necessarily would during the next
twelve months Nothing would be done
in regard to the investigation, perhaps
until after the adjournment of this ses-
sion of the legislature. The committee
would then have nine months in which
to make the Investigations that would
simply demoralize business, shake con-
fidence and cause distrust in the pub
lie mind which would be hardship
on the deserving companies.
8. This would also be reflection on
our state auditor, B. r. Carroll, instead
of compliments for his excellent work
which he so justly deserves. He has
nationalized his reputation for honesty,
integrity and ability and added laurels
to Iowa's reputation by his. able work.
1t is wise to let we'll enough alone in
this case.
The following are the committees
which will today or tomorrow visit the
state institutions:
State University at Iowa City-Sen-
ators Hopkins Jameson; Representa-
tives Epperson, Bixby, Clary.
State College at Ames-Senators
Lewis, Bleakly; Representatives Weeks,
Hume, sanley.
State Normal School at Cedar Falls
Senators Harper Molesberry; Repre-
sentatives Gregory, Morris. Whiting.
Hospital at Mt. Pleasant-Senators
Stookey, Warren; Representatives Nc
Culloch, Hollemtbeak, Kennedy
Hospital at Clarinda - Senators
Brooks, Gilliland; Representatives
Mott, Meredith, Davie
Hospital at Independence-Sen
Wilson of Clinton, Bruce; Representa-
tives Wright, jacobson, Geneva.
Hospital at NEUTRALITY-SUSPICIOUS.
Young of Calhoun, Lambert; Repre-
sentatives Mates, Maben. Wyland.
Hospital at Observation-Disclosures Ly-
ons, Hogue; Representatives Flenni-
ken, Lowery, Colclo.
School at Council Bluffs-Senators
Durham, .Stuckslager; Representatives
Powers, Leech, King.
School at Vtnton-Senators Turner,
Whine; Representatives Robinson,
Stanberry, Lister.
Reform School at Mitchellville-Sen-
ators Spaulding, Hayward; Represen-
tatives Head, sshaffer, McDole.
Reform school at Eldora-Senators
Eckels, Wilson OF Fayette: Represent
tatives Dashiell, Doran, Darrah.
Soldiers Home at Marshalltown--
Senators Hughes. Young; Representa-
tives Bealer, Roland, Heles.
Orphans Home at Davenport-Sen-
ators Saunders, Taylor; Representa-
tives Christianson, Weldon, Frudden.
Penitentiary at Anamosa-Senators
Maytag. Smith Of MITCHELL: Represen-
tatives ,McElrath, Stoltenberg, Hakes
Penitentiary at Fort Madison-Sen-
ators Garst, Stirton; Representatives
Jones, Hume, Laird.
Asylum at Knoxville - Senators
Kline, Newberry: Representatives
Chassen Wise, Ritter.
1t is the intention Of the committee
on visiting the soldiers home to go to
Marshalltown this afternoon to make
the visit.
Representative Greene, Of Madison,
tried to play the role of watchdog of
the treasury with poor success yes
terday He fathered a resolution to
give the speaker and chief clerk each
a clerk and to add half dozen for
the chairmen of minor committees The
clerk had said he did not need helper.