Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-01-03
NAY CHANGE REPORT
Insurance Commission Likely to Ae-
ceds to Recommendations Of Minori-
~ on Preferred Dividends Special
Meetina Called.


ty on Preferred Dividends-
Meeting Called.
Special to Times Republican.
Des Moines, Jan. Sit Is not. i'm
probable that the action Of the Des
Moines Life Insurance Company in
voluntarily abandoning the issuance OF
deferred dividend policies may result
in . change in the attitude of the in
surancss commission on the question
and the Recommendation of the views
OF Kendall and Jones, the minority. to
the legislature.
chairman Jamison of the legislative
insurance commission has signified This
intention Of calling the commission in
conference January 10.
Whether this is the purpose of
Chairman Jamison In calling the meet
ing could not be learned. but 1t has
been q matter of comment among in
surance men that the commission had
been left in q rather interesting posi-
ton in view Of the fact that the three
largest Of the seven life insurance
companies Of the state had voluntarily
abandoned the deferred dividend poll
cy, while the majority of the commits
sion goes on record vigorously in OPP
position to the proposal for a law to
prohibit their issuance.
The minority report, opposing the
policies and recommending legislation
In prohibition of them. has not been
filed. The secretary of the commits
sion. G. s. Byrkitt. has received word
from Representative Jones that he has
practically completed the text Of the
report and it is expected at the state
house that the report Of the minority
will be filed within a few days. proba-
bly, on Friday. Representative Ken
dali has written to Secretary Kyrkitt
that he has been i'll ever since leav-
ing the city. at the close of what was
thought to have been the last meeting
of the commission. 1t is under
stood that Mr.. Kendall will join in
the report which Mr.. Jones will write
for the, minority.
Speculat ton has arisen now as to
whether. the ajority may decide to ac-
cede to the position Of the minority, in
view Of the circumstances which have
arisen, at the meeting of January 10.
Secretary Byrkitt said yesterday tina
as far as he knew the meeting of Jam
uary 10 would be to allow the fina!
xx,l, iot I<,, t,,;x,;
In connection with the report of the
insurance commission it has been hint
ed that Representative Kendall, if made
speaker, may decide to ask Represen-
tative Jones, one Of his colleagues on
the commission, to serve as chairman
of the insurance committee in the
house. It had been accepted generally
that Mr.. Kendall would make Mr.. Jones
chairman Of appropriations, a place
which he is eminently qualified to fill,
but the difficulties which may rise
with respect to the subject Of insllr-
ance, in view Of the division Of the
legislative commission and the differ
ences Of opinion between the commits
sion and the auditor Of state, make the
Of the insurance commit
tee very important
In addition. Mr.. Kendall and Mr..
Jones agree as to the subject Of insur-
ance In opposition to a majority of the
commission, SO that the probability OF
the selection Of Mr.. Jones to be chair
man of insurance Is regarded among
politicians as reasonable.
In the senate. the politicians have
assumed that Senator Whipple would
retf.in his place as chairman of inslr-
ande Senator Jamison Of the insur-
ance commission Is understood to en-
terrain a hope that he will be named,
In view Of his connection with the
commission, whose majority he DOM