davidaulloa/AmericanStories huggingface dataset:
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
PRUDENTIAL RATE
GUT FORCED BY
PUBLIC, GORE SAYS


dence of any change of rate at the
conference, and therefore. we SAL h a
what was done at the conference does
not concern this company one Bit"
At the close of all this Mr.. Gore was
asked again whether any arrangement
was an adjustment also of the adul
to the rates, and his answer was In
the affirmative.
cit was decided among the officers"
added the actuary, that eventually
the rate should be lowered; that is,
the rate in %infantile policies. There
was an adjustment olso of the adult
policies. The effect of the whole was
to reduce the rates"
thereafter" Mr.. Lindabury wanted
to know, were not the rates of the
three companies Similar"
This was objected to by Mr.. McCar-
ter, but the vice-chancellor overruled
the objection and the actuary admitted
that the rates were similar.
Mr.. Gore was asked a good deal by
Mr.. Hardin when that lawyer took a
hand in the examination regarding the
requirements Of the New Jersey, New
York and Massachusetts Insurance laws
independent of the instructions OF the
insurance departments. He was also
asked about the various reserve funds,
and then this question was put:
"What is the average life of an in
dustrial policy?"
LAS estimated at the present time
by me- answered the actuary, lat
seven years"
You wrote $3.50, 900. 900 in new indus
trial last year"
About that"
What is the average life of an or
binary policy?"
II can't remember. I don't remem-
Der the figures. Probably somewhat
longer than seven years"
you have personally spoken about
lapses and the great loss to the com
pany from this. Does ar industrial
policy become more profitable If 1t per-
sists, than an ordinary policy?"
THAT will be hard to say. There is
a great difference between the two kinds
of policy"
What is the period when an indus
trial policy becomes profitable to the
company"
THAT period VARIES" answered Mr..
Gore. II should say it was between
three and five years"
1t was also testified that there was nc
gain in the surplus for lapses, and that
the net fund was for the purpose of pro-
tecting claims in the future.
why is it necessary to have such a
large surplus" asked Mr.. Hardin.
Our surplus is for unforeseen events.
things to be provided for and possible
future inadequacies."
Just to protect against the unfore-
SEEM"
Yes, sir; that is the chief purpose
1.-THE income exceeded the disburse-
ments by s24, 600, 900. last year,"
Roughly speaking, yes, sir"
us there likely to be any less this
year,"
Il think not"
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20

they undertook TO do WIS to check up
the cash and bank account with the
daily and monthly return vouchers,
leaving the original entries entirely
untouched and unchecked. OF course
such an inefficient method must natu-
rally obtain inefficient results. But
ever with such iuefieiercy he could not
he warranted In drawing the absurd
and false conclusions which he did.
There is no ground whatever for his
charge that the banking of money
had been loosely conducted. Every
cent of money found its way to the
bank and was in due time turned into
the State treasury, as the auditor him
self admits.
"The criticism with regard 10 the
syment of salaries and expenses to
agents where only the word fees is
used in the statute is unvarraBtcd
This payment was sanctioned by a very
high and excellent authority, namely,
Robert II. McCarter, the then attorney
general; and even this mode of pay
ment does not now prevail, and did not
prevail mt the time the auditors were
here. All this was explained in u writ
ten letter TO the auditors department,
and there Is no excuse whatever for
the statement made by him in connec-
ton Herewith. The law in this re-
spect is absolute. The auditor, in order
TO make UT a case, has criticised a
practise, which although approved by
the attOrney-generaI, 1 had already re-
formed before he examined the Office,
and which 1 explained TO him Ind been
modified and was no longer in use.
"The statement that no record of the
expenses of the department has been
kept la almost too absurd to demand
an answer. Anyone who knows any
thing Mt all about the manner of pay
ing bills by the state knows that the
comptroiier's Office keeps an absolutely
accurate record of every item of ex-
pense of every department, and these
items of expense are annually published
In the state t~reasurcr's report, and are
accessible TO all who desire to see them
THE charge that the cash received
at the department la been used fol
personal purposes is not only untrue
but is proven by the auditors OWE
statement that the business of the de
partment has been honestly conducted
That the department has cashed my
own and the checks of other persons is
not only true, but legitimate in the
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
MRS. v%ANDERPOOL
DENIES CHURCH
CHARGE OF RIVAL
Says Civic Club Was Not Used
to Boost Any Religious
Organization. .,sa

| Following the alleged remarks bySMra,
| Civic Club was not supporting its prin-
ciples lin supporting any one church."
and who is said to have intimated THAI
| certain members We're using h club to
further their own church organizations,
a signed statement has been made by
Mrs. Howard Vanderpool, who has re-
signed her office as recording secretary.
Mrs. Vanderpools statement follows:
Mrs. VanderpooIs Statement.
"In regard to the statements made by
Mrs. Harry Campton in an evening
paper to the effect that the funds of
the Civic Club were used to further the
| interests of their church organizations
by members of the club, allow me to
state that as past recording secretary
1 have no record on my books of any
church organization receiving the bene-
fit of the club funds.
mot long age q certain food COM
| pany arranged to give a luncheon to
members of the Civic Club. | wrote,
asking them if 1 could charge a fee to
members who attended. They answered
that they made 1t a rule never to re-
ceive none for their demonstrations,
but that the club could charge a fee to
members il it wanted to devote the
proceeds to philanthropical work.
AFTER reporting their decision to the
| club. 1t was agreed to charge fifty cents
| each for the trip. In this way ten dol
lars was collected, which sum was
turned over by vote to the Deaconness
| Home.
Another time the club was to give a
| luncheon In this city for the benefit of
the East Side Day Nursery. On ac-
count of critical illness in the family
of the hostess it was necessary to
change our plans. A local Methodist
church opened it's doors for us to help
us out of our difficulty. A small sum
for gas, ETC., was subtracted from the
proceeds and given to the church. The
entire balance was given to the nur-
sery. The committee added that five
dollars to It's carpet fund.
ut is from regard for the Civic Club
and the clubs standing in this city as
an independent organization that I find
it necessary to make this statement"
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
MAN WITH PISTOL
TERROR|zES FOLK
ON MARKET ST.
Edward Reick Dashes Around
Four Corners and Seeks Ref
uge in Police Headquarters.

Charles Edward Reick, a machinist,
siderable excitement in Market street
today when he pulled a revolver out
of his pocket at High street and SPRING
field avenue and looked it over careful
ly. The streets were crowded at the
time and the mans actions attracted
close attention up to the point where
he reached for the revolver. When the
weapon was produced the crowd scat
tered and several women screamed, be-
lleving hat the man intended some
kind of violence.
Reick glanced around at the people
who were scurrying to cover and then,
as if seized with the same desire to
flee. turned and started to run down
Springfield avenue By the time that
he reached Market street a crowd had
picked up the chase and the rumor that
the man had shot some n spread rap
idly and served to keep the pursuers
at a respectful distance.
Reick quickened his pace as he APP
preached Broad street, and seeing that
the crowd was pressing him he pulled
the revolver from his pocket and fired
two shots into the air n then threw
the weapon at. his %pursuers. This
halted the crowd temporarily and with
renewed speed Reick rushed down
Broad street to the City Hall, where he
turned into police headquarters and told
Sergeant Tracy that he wanted to die.
He then gave an incorrect address,
459 High street.
Mrs. Reick, hearing of her husbands
arrest, called at police headquarters
and informed the police that the adj
dress, 459 High street, which was fi't
given by her husband, was incorrect
and that he lived at sol Hunterdon
street. She declared that he a been
given to eccentric outbreaks, but had
never attempted n violence before.
DR.. J. William Clark, the police ply
stefan. examined him and decided to
commit him TO the City Hospital for
observati ton, with the intention of send
ing him to the State Hospital for the
Insane later on.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
HAPPY DREXELS
GO TO CATSK|LLS
AFTER WEDDING
Former Marjorie Gould Enjoys
RiOtous Scenes Attending
, Her Marriage.

KINGSTON. N. Y. April 20.-A spe-
cial train. bearing Anthony j. Drexel.
jr. and his bride, passed through
Kingston late last night en- route TO
Arkville, from where Mr.. and Mrs.
Drexel were conveyed to Furlough
Lodge, the summer home of George J.
Gould, in the Catskill Mountains.
NEW YORK, April 20.-Anthony J.
Drexel, Jr., and his bride. who was
Marjorie Gwynne Gould. are honey
incoming today in the Catskills.
1t had been reported that they
would leave on an extended yacht
cruise aboard the ATLANTA, but after
spending an hour at the reception that
followed the wedding yesterday after
noon they both disappeared to change
into travelling clothes.
In a hired motor car they slipped
away from the brides home, and after
a quick run to the West Forty-second
street ferry crossed to the terminal of
the West Shire railroad, in Weehaw-
ken. There Mr.. ,iould's private car
which had been equipped with every
conceivable luxury for the couple
awaited them.
At SIS they left for Kingston, where
the car was transferred to a train thai
took them to Ulster. The railroad men
had sealed orders as to where to droI
the couple. SO their precise destination
was unknown. The brides going away
gown was Of lavender, with hat t.
match.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
PITHY. PERTINENT AND POINTED
PARAGRAPHS PICKED FROM
J..B. R. SMITHS STATEMENT.

The Governor mas long been
sore at me
I have kept his son Franklin
W. Fort, out of a job by defeat
ing the Governors plan to create
a department of motor vehicles.
1 will prove that this is all the
result of personal animus, even
if it ruins the Republican party.
Fort has taken an unfair adj
vantage of me and has made
public a libelous and vicious re-
port that was never submitted to
me. The report of the State
auditor submitted to me was
vastly different from that which
l read today.
Because we compelled Franklin
W. Fort to pay us the fees (s445)
collected in East Orange several
years ago we have further
angered the men who are respon-
sible for today's attack on me
and the department.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
LEHIGH'S DIRECTORS WANT
CAPITAL STOCK DOUBLED.

PHILADELPHIA, April 20.-At a
meeting of the board of directors OF
the Lehigh Valley Railroad Company
here today a resolution was adopted
recommending to the stockholders that
the capital stock be increased from
$40, 1874. 900 to $50, 900. 600, 900. A meeting
of the stockholders has been called for
June % to act on this resolution.
If the stockholders approve. the
directors propose to Issue s20,16 400 of
new stock, giving stockholders the right
to subscribe at par for the new issue.
Six millions of 7 per cent. outstanding
bonds and other obligations will be
paid out of the new stock, and the
money remaining will be used for bet
terments, the management
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
. NTH IN ANSWER
HITS Gov FOkI


course, that there were two reports IN
existence-one sent to me, and another
entirely different held back for publica-
ton. For several weeks before the
auditing Of this department it was cur
rent ak about the State House corri-
doris by those not officially connected
with the State that the auditor was to
show. up my department. 1t is per-
fectly apparent that the report pub
lished yesterday cannot be called an
1t goes far beyond the legitimate
work of an auditor, and is a criticism
of the business methods of the office. of
the employees of the Office and of their
competency for the positions which they
fill.
And yet. in spite of the evident ami
mus of the auditor or of those behind
him and his purpose TO discredit the de-
partment, if possible, he is compelled, at
the beginning of his report, to admit
tina. so far as the records show, and so
far as he has been able to verify the
records, the work has been honestly
conducted
After admitting that the work
had been honestly conducted which
is the highest compliment that can be
paid to a department and is remark
able in view of the fact that the work
of this department is scattered over
forty agencies where supervision is
necessarily difficult, and after admit
ting that the State treasury las re-
ceived all Of the moneys to which it is
entitled. running into hundreds Of thou
sands Of dollars collected from in
Js-1I,a1r III Aryor tho Gfota onl t.~on-
tically all over the Eastern part of the
United States by means and methods
for which there was no precedent and
which had to be devised and planned
alb initlo, after paying the department
this tribute and acknowledgment of
honesty and the collection of every
penny Of the licenses and fines to which
the State was entitled under this law,
and through which it received a reve-
nue. during 1909 of $247,424.21, the
auditor then proceeds to quote pur-
ported conversations of employees.
isolated details in matters Of book
keeping, transactions of which the
worst can be said Of them is that they
bear not the slightest evidence Of con-
cealment. He then proceeds to weigh
these statements not with a judicial
judgment Of an auditor, but colors
them with a zeal of an advocate in his
effort to discredit a department and
it's employees whose work, be 1t always
remembered, he confesses has been hon
estly conducted
Mnde No Audit Is Claim.
A a matter of fact, he did not make
an audit mt all, although he and his
representatives were given carte
blanche to examine everything con-
nected with the motor vehicle depart
ment or with the state department, too,
and although they frequently exercised
their p~rerOgatiYes In that respect they
never at my time made n systematic
examination OF the original entries and
records-the primary requisite of every
efficient audif-with the result that
although they spent three and a half
months and a large suS, of money the
only work in the line OF an audit which
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
"TOM" TAGGART AFTER
BEVERIDGE'S SEAT.

INDIANAPOLIS, April 2U.--Thomas
Taggart, former chairman Of the
Democratic National Committee, for
mally announced today that he Will be
a candidate before the Gclieral Assem-
bly, next year to succeed Albert j. Bev-
eridge in the United States Senate.
If the Democratic State convention
rext week adopts a plan approved by
Governor Marshall and If a candidate
for the Senate be indorsed Mr.. Tag
CARTS name will be presented.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
Fight with Rivals.

Mr.. Gore further on In the course
of his testimony said that generally
speaking the Prudential secured bust
ness on a better basis than it's rivals,
as it was enabled to do so at a de-
creased expense.
you had to fight the Metropolitan
in the open field the best, way you
could inc you made a winning ight?"
asked Mr.. Hardin.
81 think we did," came the answer
with q smile.
Asked In regard to the change made
from participating to non-participating
policies, Mr.. Gore gave details along
the line given by him during his ex-
animation of last week, and asked
whether 1t was not true that in the in
surance world there was not much diff
ference between the rates, said three
dollars on participating policies and
two dollars on non-participating poll
cies."
"A good many are practically alike,
insisted Mr.. Hardin.
Very close together was the adj
mission
In answer to another question Mr..
Gore said that it now appears that the
surplus would remain practically the
same this year, although It was still
too early in the year to make a posi-
tive estimate. There will be a gradual
reduction until 1912. he added, when 1t
would build UP again.
You have no other funds from which
to pay the benefits on the old policies,
the policies issued prior to January l.
1897, except from the surplus?" asked
Mr.. Hardin.
mo, sir"
"What Is the annual charge against
the surplus for that purpose?'
Last year something over a million
dollars"
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20

highest degree. and no honest criticism
can possibly be made of such a trans
action.
"After all, what higher tribute could
7 expect from SO ignObIe II source. And
while / cannot now determine whether
the ends of Justice will be sufficiently
served by presenting to the public n
correct statement regarding the out
rageous conduct of my accusers, / can
not but help feeling Il sense of graft
tuie that even they must IN
their work by admitting that all those
who have been associated with this de-
partInent have honestly performed
their duties.v
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
NEWARK DRIVER IN COLLISION.
Especial to the Newark start

JERSEY CITY, April 2O.-Joseph
Wacken, driving an automobile at Nc
Adoo avenue and the Boulevard, Jersey
City, collided with q Lyons brewery
truck driven by Joseph Bemus, hurting
the driver to the ground. Bemus was
taken to the City Hospital, where II
was found that he was merely suffer
ing from shock. He lives at Al
Seventh street, Newark.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
MANS ARM CAUGHT IN MACHINERY.

While working on some machinery In
the j. M. Quinby & Co. carriage fac
tory. Joseph Ryan. 40 years old, of
"A Hartford street. was caught by the
left arm in the wheels of the ma
chinery. The engine was stopped in
time to prevent the arm from being
torn off. At the hospital 1t was said
that he was suffering from a compound
fracture of the arm.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
HELD AS WIFE.BEATER.

Thomas Zuchrie, 20 years old. Of PSI
Bergen street, arrested yesterday on
complaint of his wife Gertrude, who
charged him with assault and battery,
was arraigned in the Fourth Precinct
Court today and paroled for the action
of the grand Jury. He was arrested
by Plainclothesman Sebold.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
PAROLES STOLEN WHEELS BUYER.

william Kolb, II years old. Of So Hun
te r~street, who admitted he paid $3.50
to Harold Davids, Of % Hunter street,
for q bicycle alleged to rave been
stolen, was arraigned in the Fourth
Precinct Court today and paroled for
he action of the grand jury. Judge
Herr read Kolb's mother a lecture, de-
claring that burglary was fostered by
those who were willing to take stolen
goods from thieves.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-20
VAN ARSDALE WILL PROBATED.

The will OF the late Abram Van Ars-
dale, who died at his home, 35 East
Park street, on April I. was filed for
probate in the surrogate's Office today.
The estate is valued at 1927, 1000, and is
equally diviued between two sons.
Francis d. Van Arsdale, of Cleveland.
O., and George ID. Van Arsdale, of this
city. The two sons, with Frank Bart
lett, of this CITY, are named as execu-
tors,
The San Francisco call., 1910-10-15
ESOLA 4 BOOSTER
FOR EXPOSITION
Former Police Lieutenant AdvO=
Gates Holding Big Demon
stratiOn in New York

Frcd Esola. who a decade ago was
on of the best known members of the
local police department, returned from
the cast last evening after an absence
of nine years. Esola recently under
went & serious operation and for a
white his life was despaired OF. He
las come west TO his home TO recover
his strength ana Old time buoSancy of
spirit
The physical breakdown came early
in July, due to a TOO close attention
10 the multifarious projects Escola has
become interested in since he took up
his residence in New York. He was in
St Luke's hospital there for two
months. He tried the Adirondack
mountains after leaving the hospital,
but as he did not improve, he deter
mined to seek the rest of the Califor-
MIA hills and the cheering association
OF his old friends in the west
He is staying at the Palace for a day
or two. but it is likely that he will re-
treat TO a quiet spot in the interior,
where he can have absolute rest.
Esola has kept in close touch with
the affairs Of this city and remarked
last evening that one of the best things
Mayor Mccarthy had done was the
selection of John Seymour as chief of
police.
San Francisco has had no stronger
booster for the Panama Pacific expo
sition than Esola, and because of his
influence with the political forces in
New York he has been able to ac-
cOmplish q great deal
The Panama-Pacific exposition will
be something more than a fair" he
said. 1t is the greatest project ever
conceived by any community. Held in
San Francisco it would mean the sal
walton Of the Pacific coast and its
effect on business can not be esti-
mated I should say that of the mil
lions which would come to the state
because Of the exposition, at least 200,-
600 of them would remain.
What is needed in the present cam
paign against New Orleans claim is
2 strong, sure blow struck, say in New
York. L think that we have been talk
ing too much to ourselves and not
enough abroad We ourselves hear
the blare Of our brass bands and the
shouts and hurrahs Of an enthusiastic
people But we ought 10 be at work
in the east. I have in mind what a
great play it would be TO gather every
governor in the western states all the
big merchants Of the state and storm
-NtW lOiA al q AioiSLeT banquet. I0at
would spread san Francisco's claims
throughout the land. Everything
worth while in 2 business way is done
in New York, and that is the place to
fight. Individual effort counts for lit
tie. A man comes and he goes and is
forgotten. But a banquet that would
require the largest hail in the biggest
hotel in New York could not be over
looked and would create a tremendous
impression"