The Detroit times., 1910-09-12
HUBBARD TALKS TO !
INSURANCE FOLK
Famous Roycrofter Delivers Char
acteristio Address-Says Nothing
Goes But Honesty Now.

east Aurora, N. u, delivered an ex'
temporaneous speech on Salesman
ship. human nature, and the reasons
why" before the National Association
OF Underwriters In their convention In
the assembly hall of the Hotel Pont-
| chartrain. Saturday morning. His
| talk was both humorous and serious,
and he had the delegates laughing one
minute and looking at him with gray.
| ity the next. In the course or his
| address he defended the Standard Oil
Co.. declaring seriously that the at
| tacks on the institution were not all
| Warranted.
Mr. Hubbard delved into literature
| and said that II anyone asked him
what he considered the most impor-
| tant book written In recent years
he would say The Life OF the Bee, Z"
by Morris Maeterlink.
I'm that book you will find the
| statement that bee taken four miles
from its hive will never find its way
back" said Mr.. Hubbard. In Its
lone state II is OF no use; a single bee
makes no honey and has no intelli-
gence. So 1t is with humanity; a
man alone has no intelligence. 1t
was Aristotle who said, $50 years be-
fore Christ, that one man was no man.
When a man realizes that he is alone
his reason reels, and his mind totters.
All of our activities In life are for
other people, and the individual who
thinks but of himself and leaves HUI.
mainly out of equation is sick and
insane man. The measure OF your
sunlty Is your ability to cooperate
with other men. You are q divine
molecule in the mass, and while you
are all individual you succeed only as
you work for the good Of all. The fact
that we can help ourselves only by
helping others Is being recognized now
for the first time In history.
I'VE learn through experience and
one of the things that the world has
learned Is that nothing goes but hon
esty. We know this because we have
tried something else"
In dealing with the Standard OIL
Co., Fra Elbertus declared that the
attacks of Miss Tarbell were not war
ranted. He said she was prejudiced
against the Standard Oil Co. because
one Of the company's oil wagons once
bumped her fathers wheelbarrow into
the ditch.
Senator Ross Speech.
Another feature OF the morning was
an address by Senator George w,
Ross, OF Toronto.
Senator Ross address was com
prehensive review of the Canadian
Hesitation affecting insurance in
Canada and was voted one OF the
best papers Of the convention. AT
the outset the senator pointed out
that the aggregate life insurance in
force in Canada, emitting insurance
conducted on the assessment plan
was S0,370,232, Jan. /, 1910. The
insurance represented 1.025,371 policy
holders and was divided among 20
Canadian; IA British, and 16 Ameri-
can companies. In 1909 the insurance
in force In Canada increased S6O,S54,-
2lS over the preceding year or this
increase the American companies got
S24, S69,225, while the British compan-
les got only $S36,4S7.
Canadians" said Senator Ross,
have confidence in the solvency of
American companies and in their
methods of doing business, as shown
by these figures. British companies
have evidently ceased pushing bust
ness in Canada.
The new insurance act of Canada
originated, like the far-famed Arm
strong BILL in the report of a COM
mission appointed to investigate GER
tain suspected Irregularities In the
management Of Canadian companies.
With the disclosures OF the New York
state commission there arose a res
tive feeling among policyholders and
others with regard to the operations
of Canadian companies, and to restore
confidence the government Issued a
commission which conducted a pro-
longed examination into the affairs
OF the leading companies, resulting
in the discovery of some irreguari-
ties in the investment of the funds of
the companies. which 1t was thought
should be guarded against by legisla-
ton. These irregularities were not
found to have caused any losses, but
unless restrained by law they might
be repeated greatly to the detriment
of policyholders. Accordingly the
commission prepared draft bill
which was submitted to parliament in
the session OF 1907, merely for the
consideration of the public.
1T Is needless TO say that the bill
adopted affords degree OF protection
to policyholders not previously enjoy
ed and guards the directors and Of
ficers of the companies against temp
tations to which they were formerly
exposed. The elaboration with which
II proceeded through its different
stages enabled parliament to consider
objections from every sido, and 1t
may be safely assumed that IL will
remain for many years in its pres
ent form without amendment"
Senator Ross also dealt extensively
with other matters, chiefly the laws
of Canada governing the organization,
and management OF insurance COM
panies He closed with the following:
"As a parting word, then, let me
say that | hope the friendly rivalry,
that now exists between Canadian
and American companies, will long
continue and that the international re-
! lstions which have given us nearly
one hundred years of peace-blessed
and prosperous peace-will not be
shattered by the madness of either
government, so long as the music OF
the morning stars, rings through the
corridors of time"
The association elected the follow
| ing officers Saturday afternoon
Henry j. Powell, Louisville. presi-
dent j. ID. Spencer, Salt Lake City,
| first vice-president J. ]. Jackson,