Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1909-07-21
northwestern To
FIGHT MOVING PLAN
MILWAUKEE, OFFICERS OF BIC
INSURANCE COMPANY GREAT.
LY CONCERNED.
ORGANIZE TO STOP MOVEMENT
SCHEME ORIGINATED IN
THE EAST.


ject OF combating eastern policy hold.
ers' plans to move the home offices Of
The Northwestern Mutual Life Ihsur.
ance company from Milwaukee to an
other city outside the state, a counter
movement has been formed in bower.
full circles. Every effort will be made
o stop all agitation of the unofficial
plan to have the offices moved.
AS the dates for the annual meet.
.Hgs of members and trustees of the
Northweste Mutual July q and 22)
draw near, renewed general interest is
aroused over the movement by a
strong committee of policy holders in
the east to force the removal OF the
Rome Offices because of Wisconsin's
uDfayorable insurance laws. That the
committee is in earnest and that it is
composed of influential interests are
facts no longer denied.
Will Be Issue at Meeting.
The matter is likely TO be brought
forward in some form at the meetings
n Milwaukee next week. There now
-SNiiho " DS III uOuDI OI lu'S
II was learned yesterday, however.
from high authority in the councils of
The company that a strong counter eff
fort will be put forth by trustees and
~ officials of the compa1 7, acting in
unison, to put off the whole removal
question for six months or oar at
least, in the belief int in the inter
v'nl'g me public opinion will con
trdl;ae nI4G that friendly legislation
n'as bc | aps be had.
II is freely admitted by local trus-
tees of the company that the sub
ject is UP now in dead earnest
and that the legislation which two
years ago drove some twentyfour
large life companies out of Wisconsin,
with their large number of employees,
is also likely sooner or later to drive
the home company away, because, as
the committee on removal declares,
There is no reason or justice in this
company paying exorbitant fees, IL
censes and taxes for the privilege of
living in an unfriendly state, where
not more than Is per cent Of the mem
beers of the company reside"
Some of the officials are known to
be anxious that this possible inevitable
contest shall be set forward as far in
to the future as may be done, and
possibly until such time as the entire
question can be considered carefully
and perhaps publicly discussed by the
people Of the state, who look upon
the Northwestern Mutual Life Insur-
ance company as the leading financial
institution in Wisconsin, with its pres
cnt assets aggregating more than
$3.50, 900 900.
Home Crowd is Minority.
This question is a serious and very
ticklish one from all points of view
that may be taken.' declared one of
the most prominent trustees. "if
anything can be done to sidetrack the
committee now Mt work on this plan
for the removal. of the company from
DEMONSTRATIONS move unfortunately
has gained general publicity-sueh eff
fort certainly should and will be
made While we fully realize that it
may become a CUES ton of votes, with
Is per cent minority Of members
living in Wisconsin. | feel certain that
officials and trustees. especially the
local membership, as far as their work
and influence can be utilized, will la
bor faithfully to prevent the matter
coming to vote next week. But, as
to actual voting power. which alone
counts in the final contest, we are in
a hopeless minority, as can readily
be seen"