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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 25, 1905)
THE OKEGOXIAX, WEDNESDAY, OCTOBER 25, 1905.
M'CURDY H I R ES r
. W H ITE W AS H ER S
Colored Reports of Insurance
Inquisition Sent to the
HEGEMAN'S .EVASION OF LAW
President of Metropolitan IiiTc Ad
jnits Concculins: Loans Liar;rc
Sums at .Low Kutcs Lent
McCall and Dutclicr.
SEW YORK. Oct. 24. At trie ses
sion of the LosrislHtive commlttoe in
vestigratring the insurance companies
the affairs' of the Mutiml were under
sonsidoration and it was brought to
light that this company was jwying
for the dissemination throughout the
country of reports of this investiga
tion that, wore favorable to the com
pany. Charles J. Smith, a newspaper
man, was the witness. He is employed
oy the MuLual to do a large numbor
of things, but about a month ago was
placod in charge of sending out these
reports. Mr. Stnith had vised a num
bor of vouchers for the payment of
tills work, and these aggregated 311.
000 with more bills to come in.
Sir. Smith wrote those roports and
submitted thorn to Allen Foreman,
who owns the Telegraphic News Bu
reau, and $1 a line was paid by the
Mutual Life for the service. These
Ulspatchos were sont to about 100
papers, but Mr. Smith did not know
whether the papers were paid for in
sorting them. In one dispatch Mr.
Smith wrote that Mr. McCurdys atti
tude on the stand made a distinctly
favorable impression, and for this he
hd to pay $2 a line. This, he said,
was worth it.
Great Outlay In Advertising:. .
- Following Mr. Smith, Walter Sulli
van, who has charge of the magazine
advertising department, was called.
He said the Mutual advertised in 12
magazines last year at a cost of about
$42,000. Advertising in insurance
papers cost about $30,000 more, but he
eould not tell where the remainder of
the account of 5828,000, the amount
charged up to. advertising last year,
Earlier in the day .Emory McClin
tock, the actuary of the Mutual Life,
was on the stand. Mr. McClIntock
practically advocated no laws for the
insurance companies excopt a certain
supervision to give the roports pub
licity. He thought the public could
take care of themselves, and that pub
licity was the best law. Asked how
far this view was shared in official
circles, he thought he was somewhat
of a missionary along that line. Mr.
McClIntock was to 'have been on the
stand again in the afternoon Jsoseion.
but during the recess he was seized
with a slight attack of vertigo, to
which he is subject. He will be called
Admits lie Dodges Law.
John R. Hogeman, president of the
Metropolitan Life Insurance Company,
was examined, and when the adjourn
ment was taken this afternoon his1
testimony was unllnishod. While lack
ing the startling features of the' testi
mony of some of the other life insur
ance presidents, Mr. Hogcraan's re
marks and explanations were none the
less interesting, especially his state
ments that $S7G,000 was given to the
Industrial policy-holdors of his com
pany last year, without any obligation
It was brought out that, while the '
company carried collateral loans
throughout the yoar, none appeared in
the annual report on December 31.
This was explained by the witness,
who said that all collateral loans were
transferred on the last day of the
yoar to Vermilye & Co., the bankers,
under an agreement, and wore bought
back in January.' This was done to
avoid the horde of applications for
call loans from the Wall-street dis
trict. Mr. Hegeman did not encour
age the call loan business from this
section, because it entailed keeping a
ticker in his office, and he would not
have one there. He further did not
care to have his company known as a
Lends Money to His Friends.
The large loans at such a low inter
est as 1 per cent, especially the one
to President McCall, of the New York
Life, were taken up, and Mr. Hegeman
spoke strongly of his friendship for
PcCall, who. he said, was closer than
any other man to him In the Insurance
business outside of his Immediate as
sociates. Mr. McCnll had rendered
liim valuable service that was of bene
fit to the company, and, personally, h
thought the company could afford, and
would have beon justified, in paying
Mr- McCall a few hundrods of dollars
which the loans amounted to. The
name was true, he said, of Silas B.
Dutcher, a director of the company,
who also carried large loans -with the
company at low interest.
Mr. -McClIntock was the first witness
today. Mr. McKeen, of counsel to the
committee, who has made a study of the
technical points of life insifrance. con
ducted the examination. The witness said
he had" been an actuary of various com
panies since 1S0S. He became actuary of
the Mutual Life Insurance Company in
1SS9. He was president .of' the Actuarial
Socioty. of America from 1895 to 1897, and
has been a fellow of the Institute of Act
uaries of Great Britain since 1S74.
Mr. McClIntock supported the statement
made on the stand by John "A. McCall,
president of the New York Life Insurance'
Company, as to the causes 'leading to the
many failures during the early days of
Insurance In this state. The companies
failed, said Mr. McClIntock. because they
had nothing to support them but the cur
rent premiums. The Metropolitan Insur
ance Company, the witness continued, was
on the eve of failure at one time, but
managed to prosper by adopting the in
dustrial plan of Insurance.
Mr. McClIntock said the Mutual Life's
charter called for a division .of profits
among the policy-holdors every five years,
previous to 1896. In 1842 a dividend was
v - -
added to the policy. The nxt division
of profits was 1851, and this division wm
payable at death. AH th policy-holder
knew was that a certain amount was Add
ed to hit policy, which h was to receive
at his death. In 1SS and 19Q other di
visions were made.
Why Dividend Was Cut. ,
Witness was not clear as t whether
thy were paid in cat upon anrrender of
the policy. In the sharp competition
among the Kew York Life. Bqvitable Llff
Assurance Society and the Unto! Lifo
iwmnmce company in i. ine Mutual i
offered new "pellcy-holders Pr cent j
rebate on the fcrst year's premium. This
was an open, public and avowed rebate, j
There was so much objection to this that
in 1S7S the Mutual issued polictes at a 15
per cent reduction in rates. Outstanding
policy-holders were privileged to avail
themselves of the reduced rate, but with
x reaucea uiriocna. Air. ici;iihiock tua
it was one of these reduced-rate polh-ies
that was under observation last w-Jc.
when the letter of Ufe bolder to th com
mittee was read to Mr. McCurdy reciting
a gradual reduction from $3A.7t to S3 in
Mr. McClIntock said that I beer were
mere comntainte from these jmllcy-lMlde-
than any other the company bad.
Interest Its Sinn Her.
Senator Armstrong then tucked why the
policies drew less dividends as they grew
older, and Mr. McClIntock said that the
rate of interest 30 years Ago was Vik per
cent, which was distributed to the nolfcy
hottiers. Twenty years ago It was C per
cent, and it hs been progestveljr dimin
ished overy year until It was 4.1 per cent
cent at the end of iML Today the com
pany is giving credit for 4.1 per cent,
which, he said, exceeds tbe credit given
by any .savings bank. The policy-bolder,
however, only gets what Is above 4 per
"The pollcy-liolder has been getting divi
dends for a number of years, and sees
them getting f small that he naturally
worries," said Mr. McClIntock, "but that
interest decreases has got to happen In.
every company. Nevertheless he dors not
like It. and cannot be expected to."
Mr. Rogers, of the committee, asked:
"If it dropped below 4 per cent would he
owe you something? and Mr. McClIntock
"The law won't permit that."
After .recess Mr. McKeen announced
that Mr. McClIntock had been excused
because of indisposition.
Manager of Mutual's Proas Bureau.
Charles J. Smith, the next witness, said
that lie was a newspaper man. who?e
chief business was to counteract 11k- in
jury that was being done to Ufe Insurance
and policy-holders. He had been cm-
ployed by the Mutual Life Insurance Com- T
.... vc . ttauik u ci v. .. ' T
that Allan Foreman, editor of the Jour
nalist, owned th- Tetearanhlc News Bu
reau, and that witness sent out through '
this bureau some statements to be pub
lished in various newspapers. Witwss
had no share in the profits of tbe Tele
graphic News Bureau, but had loaned Mr.
Foreman some money. For tbe publica
tion to the newspapers, the witness paid
Foreman Si a line.
He cited incorrect testimony published
in this city, and showed a clipping from
the Wilmington (Del.) News, which was
one dispatch he had sent out through tbe
Telegraphic News Bureau. This dispatch
recited some of the testimony of Fred
erick Cromwell, treasurer of tbe Mutual
Life, before the investigating committee,
and was .enl to about Ml newspapers. It
cost the Mutual Life Insurance Company
55000 or $em
"It was my intention to send oat those
portions that the Associated Press neg
lected to send out." said Mr. Smith. Wit
ness said that he bad sent out live or six
different dispatches during the investiga
tion, each dispatch going to IS to Ml dif
Dollar a Iinc for Puffs.
Dispatches dated October US, giving a
part f the testimony of President R. A.
McCurdy were recognised by Mr. Smith.
He said he believed they were ail paid
for at the rate of U a line. Witness said
the money had beea paid to the Tele
graphic News Bureau. The last line of
this dispatch read that President Mc
Curdy' s testimony created a favorable
Mr. Hughes inquired whether it cost
him a higher price to get a dispatch In
serted in the newspapers than If it had
been acquired In an Impartial way by
those who furnish news to tbe papers.
Mr. Smith replied that the matter he
had furnished was the truth, and such
matter as the pollcy-hoklem would be
pleased to read. It was Important to let
thorn know wliat the company had done
"And it is important also for them to
know that Mr. McCurdyV testimony made
a distinctly favorable impression T' asked
"It made a favorable hnrcasion on me,"
said the witness.
"You paid 52 a line for the part which
read Mr. McCurdy made a 'distinctly fa
vorable impression.' "
"Yes. and it was worth It-
Mr. Hughes then showed Jie witness
three vouchers for the -payment of IMS,
J1S&S slid $t2 respectively, winch the wit
ness said were for telegraphic news dis
patches, but he could not describe the
Money Spent on Whitewash.
Mr. Smith stated that upward of $IL.M
had beon expended by the Mutual Life
Insurance Company since the insurance
investigation began for dispatches report
ing tlte proceedings) and that, when the
bills were all in. they would probebty
amount to $14.O0t. Witness had been con
nected with this department of the Mu
tual Life Insurance Company about one
month. Previous to that his duties were
"It seems to be your general duty to
attend to all alarms and ascertain the
cause thereof," said Senator Armstrong.
"Yes. and And all the blackmailers; It Is
an awful job, too." replied Mr. Smith.
Mr. Smith said there were AS Insurance
newspapers, and that tlte Mutual Life In
surance Company was repretjend. In all
"Is this matter of paying for the inser
tion of news Items a new departure of
the Mutual Life within the -last six
weeks?" asked Mr. Hughes.
"Well, yes; It may have been done
sometimes, but I have only been at It
about a month."
Witness said that some of the newspa-
pens liad rerused to publistt the dtepatcbes V w V "' V' il -
without marking them as advertisements, j fonjm egg and similar
Business Got by Advertisln-:.
Waiter S. Sullivan followed Mr. Smith.
He saxl he hud charge of the magazine
and newspaper advertising for the Mutual
Life. He ltnew nothing of the voucher
for advertising signed by John E. Ashe.
Jamos E. Craig or Edgar W. Rogers. He
said $84,173 was paid by the Mutual Ufe
for magazine and newspaper advertising
last year, of which $30,000 was expended
in Insurance papers.
Mr. Sullivan said the dispatches sent out
byMr. Smith were sent out largely at th
request of the papers themselves. The
sum of SS144 was exneaded In 19M for
these telegraphic notices. Sir. Sulltvan
said that the couions dipped from maga
zines by applicants for jnfarmatAm sjbout
Insurance. a question that President. Mc
Curdy could not answer, were sent to the
manager In whose territory they originat
ed. He presented a statement showing
the business done in this mall order de
partment, which showed that, of X174 cou
pons received In 1WM, 221 were turned over
to C.,H. Raymo'nd & Co., the metropolitan
Witness said that the Mutual Life used
about 25 magazines for advertising pur
poses, and the cost for advertising ia
thest last year was M2.00S. In this there
were applications by coupon for about
$1,308,003. Witness said this advertising
was the small end of the matter: that the
general publicity gave encouragt'ment to
LARGE EXODU OF GREEKS FROM ROSEBURG
r - '!M a mttli i ill: : 1
! . V' Mil I' 1
wiu.ro xs iseixks nr AtrnoKrnae.AT liia or :ot.
ROfSEBURO. Or.. Oct. (Special. Exit the Greeks. The sneedr conrfe
tfoo of Artne Mlses. one of the four Greeks charged VUh rioting at Riddle, has
causrd aa exodus of foreigners employed by the Southern PariBc Railroad. Aa
effort was made to have the two gangs of Greeks, that Were arrested and brought
here vending the meeting of tbe grand Jury, return to Riddle, but they wre so
badly frlnhtenod at tbe threat of tbe people that they cefused. Kvery train go
ing into Portland for the past three or four days has carried rrtgbtened Greeks
away from Rosebarg. wnen tbe SbertsTs posse rounded up the rioting Greeks a
search of ths ears was made and the gana. rifles and revolvers shown la the pic
ture were found. H"aa of the weapons showed naaustakable signs of having
been recently ecaagea. A number of the woapeas were found la -tbe bushes
alongside of th track, where they bad .been t brown op the. night of the Hot.
The penalty Which WU1 befall MUes and lb- saber threho are yet to bt tried,
a case alf ar Vjoavicied, la from three .iv 13 years la tbe pesitcatiary.
h 5nt. and that the enral effect of j like lire insurance; there was so much
advertising was of fay greater value than insurance for so much money. Mr.
the coupons. Hegeman said that u few participating
One Lu&iru? SitecHlaCJon. policies were issued In the Intermediate
' department for an even eOt, and that
James Tlmpaon. assistant treasurer there were no policies in the liabilities
Of the Mutual Ufe. followed Mr. Swill- of the industrial department. Seven
van to testify a to ft subsidiary com- per cent was paid on the capital stock,
panles. He said he was a director In ' which was the legal rate when the
the railed Slates Mortgage Trust ' company was given a charter.
Company, and represented the Mutual I The original capital stock of the
Ufe on that board. The flotation of j company was S2ta.aoa and this was la
the securities of the Washington Trac- creased later to $St.t. It Is now
tloa Company warf taken bp. and Mr. I S2.Ma.t0t. and Mr. Hogeman holds
Tlmpaon said that he bought some of about U7S.Mft. par value. His Invest-
the stock at 13. althoturh IS and 20
was paid for It by so am persons. Rich
ard A- McCurdy also bought stock to
the amount. Mr. Tlmpaon thought, of
Sat shares. After the public failure of
the flotation, witness said, Mr. Mc
Curdy sold out. getting It for U When
the traction company waa reorganized
witness was a member of tbe commit
tee on reorganisation and represented
the Mutual Ufe.
Mr. Timpson was excused to consult
records, and John JH. H age man. presi
dent of tbe Metropolnan Ufe.
called. lie has been president for II
years. He described the two depart
ments of Insurance- as ordinary and in
dustrial. He said that the Metropoli
tan ld business in both departments
on a stock basis, and not a mutual
Man. He said tV.J it w:t a trrent deal
ONLY A SUGGESTION
lint It Una Treveu of Interest
Value to Thofmiffc.
Common sense would suggest that If one
wishes to become fleshy and plump it can
only result from the food we cat and di
gest, and that food should be albuminous
or nosh-forming fot!. like erg, beef
stank and rffrisajb ia other words., tins
kinds of food that bake' flea Are the
foods which form tbe greater part of our
daily bills of fare.
But the trouble in. that while we eat
enough and generally too much. tbe.
stomach, from -abuse and overwo-k. does
not properly digest and assimilate It.
which is the reason so many people re
main thin and under Wi ieht; the digestive
There arc thousands of such who are
really confirmed dyspeptic, although they
may have no particular pam or Inconve
nience from thiir stomachs.
If such itcrsnns would lay their preju
dices aside and make a r.-jcular practice
of taking, after each meal, one or two of
Stuart's Dyspepsia Tablets, the food
would be quickly and thoroughly digested,
because these tablets contain-the natural
peptonm and diastase which every weak
stomach lacks, and by supplying this
want the stomach is soon enabled to
reach Its natural tone and vigor. "
J Stuart's Dyrpepsln Tablet! dlgn every
Kina of uesnTforming food. meat, egirs.
bread and titatoes. and this Is tr.- reason
they o quickly build up. Nti- ngtl'ti and
InviftloYnu- thin. .dysM ptic -rr.tii. women
Invalid and ch:ilr.-. ..rt :h- mosr
dehVntt. them wi'h rk-d h.n--r!l a
they cuoUun no ir'ns. irritating unigs.
no cathartic nor any harmful Ingredients.
Stu:rt's Dyspepsia Tablets are th most
successful and most widely known of any
nsMH-dy for stomach troubi. b-T.uw they
are th-- most reaj"n:'bl- and sr;-mir!c or
mvl rn ?:i"!Jrin-.
Stuart's Dv.-. !si.i T:il.;- U ..r- ,lt by
every druggist in tlu l'i.;UJ S4t and
Canada, as well as Great Britain, at a
cnt for complete treatment.
Nothing further Is ri quird to cure any
stomach trouble or to make th.n. n-r oua,
dyspeptic iK-ople strong. plur; will
meat In the company was $67.7.
dives Avvny Its Surplus.
Reading; from the annual report. Mr.
Hughes stated that the outstanding In
dustrial insurance, at the end of 14
amounted to $1,127,809,229. Mr. Hege
man said none of that was participat
ing, and when his attention was called
to IS7C.0O0 paid for dividends, he safd
that by its terms industrial insurance
was Honpartielpatlng. hut this amount
of dividends was paid voluntarily by
the board of directors, which in eight
years had so paid about $S.tfi.ttO.
Witness further said It was a gift to
the policy-holders only in an endeavor
W. M. Ki i
A man having anythio? to hell.
Yl'hi-perlax the fact ilimn u well.
Will never sain tbe -'nlsg dollars
Uke the man that climbs on top the curb
FOKTIt Y? NO. SIK. Just aa ordinary sam
ple or the many truths published in tbe last
tweaty-dve years. I have paid my good
money Ia telling tbe reading public truth."",
tbe rertaiaiy of great gala by investing In
Port bind real estate
No sane man or woman that will carefully
study Portland's jpstetaleiMt location wilt for
-one brief moment doubt that Portland will
beeome the NKW YOKK of the PACIFIC, or
if they will examine Jh- mH area of avail
able level Ianl on tbe west bank of tbe
Willamette River, containing only four and
one-half iu--tkns of land, bat will know that
It Is Impossible to build a city of maat
tnde thereon, that you eoald come nearer
placing- the Portland Hotel on a 30xls-feot
lot than yoa encld Portland of tbe lmmttt
Ate future on only rur and one-half sec
tion of s round. Henee. for years I have
' Maud this fact, bow apparent to all care
fa! observers, thst Portland wosM be located
on th table-land ItlSTWKKX TIIK XIVKISF.
The kandtrrltiaa: of t sreat Architect by
formation is upon the wall. Reader, once
more opportunity K railing you! Bver r-
. member thla fset If yu fall to xrssp op
portunity by tbe forelock as It a paeon r has
ou. your chance are forever icsao.. far
there l absolutely no hair oa the back of
, Yorit ouroitrrNiTY is now
the present moment to Invest m ooe of
tbe best propokT.tons ever ogered In the
State of On-goA for large nm. namely:
I sm forming a pool o: One Hundred Sbarss
of stock at the par value of $B3O.0 ch.
!urchastn One Hundred Acres of excellent
, ly located land. 15O0 ft of streetgesr front
age. It also ha a dfn-water f wont age of
1 jm feet, the O. It. K. Co. has purchased
right of way throoich ttafat tract, also the
fJreat Northern ha surveyed for trackage.
uotn ranroAas must rmss ine MM. TMS
extraordinary 'bargain must be seen to be
fully apprecMUed. for this Is a low wttmatt
tT the excellently located tee acres, and I
tell yoa. In All seriouanera. -thf Is no wild- .
cat proposition. In fact. XlftinRSWorth has
nevir sold Anything but the, beat sad has
never failed In making good profit, for hi
numerous customer during rhe twenty-are
v t-srs -ngA3ed In buying and nelllng Portland
property. Why? Because KlI.T.rNOSWOItTH
ha ver bought and old Portland's beat
s .fJilUr propertv UKTVi EKN TIIK '11XV-
f.Rs. Thla pool I am now forming Is at St- Johns. Space Is valuable. Better wire me to
Ja ar. better rtULtill at my ofnee at 7U Chamber of Commerce BulMlng. I. have many
good bargain HKTttJJUN THE KIVEItS. WAUNUT PA UK Is one of them. Send for
map sad folder.
W. M. KILLINGSWGRTH
Suburban Office, 71d Chamber of Commerce. Phone Brorra 452.
to keep the surplus of the capital at
about 10 per cent of its assets, and, be
yond that, being a stock company, and
having the right to employ the sur
Dlus that way. the company had given
j it to the policy-holders in various
forms. These various forms. Mr. Hege
' man ald. were in reduced rates, ex
i tended insurance. liability during
floods and fires and various other ways.
The surplus of S12.S2a.741. witness suid,
belonged to the stockholders.
Mr. Hegeman's attention was called
to the absence of collateral loans in
the last annual, report, and saUKthat
on the last day of the year he sold that
for the pur po.e of keeping away the
horde of applications for call loans In
the Wall-street district
Covers Up His Loans.
Mr. Ilegonmn said he sold these loans
to Vermilye A Co. He had "himself
I a series of loans once in 35 years; that
was in last and 1985. These aggre
gated $S2.& at life per cent Interest
and had since been discharged. Slhut
B. Butcher, a receiver and member of
the finance committee, had also pro
cured loans at 2 per cent. These loans
wef bought back again in January.
Mr. Hegeman said, and for no other
reason than he had stated. ' The reason
for loaning Mr. Butcher money at so
low a rate. Mr. Hegeman said, was that
be was a valuable .man to the com
pany. Mr. Hogeman said that John A.
McCall. president of the New York
Ufe. also was given a loan with in
terest at 14 per cent for much the
"Mr. McCall." witness said, "is the
closest and most valuable Insurance
friend of mine I have outside of the
estimable gentlemen who are connect
ed with me and who are associated
with me in my work and in my com
pany, ami I thought it was only fair
to show him the same courtesy that he
had shown us or me."
Mr. Hegeman said that personally he
would have charged no interest what
ever on the McCall loan.
Mr. Hughes read from a schedule the
names of a number of persons to whom
loans were made. Mr. Hegeman said
these loans were paid off at the end
of each year and renewed the first of
the next year, having been running
since 197. There was no significance
in the matter. Mr. Hegeman said. They
were all transferred to Vermilye & Co.
at the end of the year ami taken back
In January, he said, so that the com
pany's books on December 31 showed
no loans. Witness said he had an
agreement with Vermilye -& Co. to this
The committee adjourtfed before Mr.
Hegeman had concluded his testimony.
CALLED UPON" TO MAKE CHOICE
Equitable PoIIcy-IIoIdcrstp Select
Candidates for Director:.'-'
NEW YORK. Oct. 24. Grover Cleve
land. M. J. O'Brien ami George AVesting
house. the stock-voting trustees in the
Equitable Ufe Assurance Society, today
sent out through the secretary circular
letters to all the policy-holders, asking
for suggestions as to the selection of 13
directors to be chosen by the trustees.
The circular announces that the next
annual meeting of the directors will be
held at the officii of the society in New
York at noon December 6. when the
trustees will vote for 13 director?, of
whom seven will be taken from the policy-holders.
Following this announcement
the circular says: .
Pollcy-boMer receiving this notice will not
overlook tbe fact that. Jf they prefer, they
may leave tbe choice of wch policy-holding
directors to the JudKment and discretion of
tbe trustee. They nhottMl har in mind that.
If they elect to prevent nrnmrn of persons for
bn-faom they de;4re w to vote, it la of the ut
most Importance that thoae should be pre
sented only who have bustnenn knowledge
and experience, and whose residence will
allow them to attend director' meeting?.
For your convenience we enckwe two forms,
one to be used la eaee the polIcy-hoUler de
sires, to de-tiKBste 'names for whom he may
vote and tbe other If be prefers that th
trustees make the choice for him In their
While tbe Instrument creating, the trust
under which we act Indicates that the ex
pression of your preferences as to the selec
tion of policy-holding directors or your re
quest that we select for you should be made
known to us prior to November 1. any such
expression or request reaching s a early
as the aoth of that month will be aeeepted
and duly considered.
Notice of annual meetings Is usually given
by publication, but we have deemed It Im
portant that tbe nrst aottfe after the crea
tion of the deeti of trust should be mailed to
P.OLICY-IIOLDEKS AVILL UNITE
Organization in Texas Will Claim
Voice in Choosing; Directors. t
DALLAS. Tex., Oct. 21. (Special.)
State Insurance Commissioner Clay an
nounced today that a policy-holders'
union is to be organized in Texas at a
meeting to be" held at Dallas. Novem
Tbe poilcy-hoKlers in different com
panies in Texas have requested the Com
missioner to head the plun and call the
meeting. It is estimated I'tat there ara
Idtitt policy-holders in Texas, the New
York Ufe. Mutual Life and Equitable
having a total or .. The ultimate In
tention of the organization is that Texas
policy-holders may have a voice In the
selctlon of trustees and directors of these
nasworih. at Labor-
WORDS OF PRAISE WELt MERITED
BY A WEJUI KNO AR.TICI.E.
So mnch has been written by the
Standard medicial authorities, of all the
several schools of practice, in praise
of the native, or American, medicinnl
plants which enter into the composi
tion of Dr. Pierce's Golden Medical Dis
covery, that in attempting to quote
from "the various works on Materia
Medica one hardly knows where to
commence, since they are so volumin
ous that only the briefest and most im
perfect reference can be presented in a
short article like this.
Briefly then let us say that the
"Golden Medical Discover'" was
named, from the sturdy little plant
Golden Seal, the . root of which enters
largely into its composition. Besides
this most valuable . ingredient, it con
tains glyceric extracts of Stone root,
Queen's root, Black Cherrybark, Blood
root and Mandrake root.
Finley Ellingwood, M. D., an emin
ent practitioner of Chicago and Profes
sor of Materia Median in the Bennett
Medical College of that citv, in his
recently published work on Theraaen
tics, says' of Golden Seal root: r ft is
the most natural of stimulants to the
normal functions of digestion. Its in
fluence upon the mucous surfaces ren
ders it most important in catarrhal
gastritis (inflammation of stomach ) and
gastric (stomach) ulceration."
Many other authorities as well as Dr. j
KHingu ood extol the Hydrastis ( Golden
Seal), as a remedy for catarrhal dis-
eases of the na?al passage?, stomach, '
bronchia, gall ducts, kidneys, intestines 1
and bladder. Among tiiese, we may ;
mention Prof. John King, M. D., author ,
of the American Dispensatory; Prof. ;
J. M. Scudder, M. D., in his "Specific I
Medication" ; Dr. Hale of the Hahue- j
mann Med. College of Chicago; Graver !
Coe, M. D., of rew York, in his u0r- j
ganic Medicines," Dr. Bartholow of .Tef- j
terson Med. College and scores of otlier ;
leading medical writers and teachers, j
All the foregoing eminent autliorities j
extol the curative virtues of Golden j
Seal in cases of stomach, liver and in-
testinal weakness, torpor anil ulceration ;
af bowels. Dr. Ellintwood recommends ;
it most highlv, " In those cases of atonic !
dyspepsia when the entire apparatus, j
including the liver, is stagnant ami
inoperative." He also extols it most i
highly in the many weaknesses and de- I
rangements peculiar to women and ;
says, "It is a most important remedy in f
many disorders of the womb." Golden
Seal root (Hydrastis), is an important !
ingredient of Dr. Piercers Favorite Pre- !
senptton for weak, nervous, K rundown"
But to return to the "Golden Medical
Discoverv" it mav be said that its cur
ative properties are not whollv depend-
ent upon uoiuen ouni, vaiuauie as it is,
as other equally potant ingredients add
greatly to its value and in fact are not
less important than the Hydrastis, or
In all bronchial, throat, lung and.
kindred ailments, Stone root, Black
Cherrybark, Queen's root and Blood
root, each plays as important a part
i u cucuviii tin I'tivAAv tiiiuni guira ui
"uoiuen xMeuicai Discovery " as does
Golden Seal. All these ingredients
have the endorsement of prominent
practitioners of all schools of medicine
for the cure of diseases of the bronchia,
throat and I u 122s.
nattltt oolx b7
n. Umierfeenr AHx-pfht.
HI IrK IM! m' 3
' At Kotefa.
Cocktail L'lnerbero' ciubs.
, , , 1 ?aM? ; Restaurants.
and better for you. jr.-r : j j Gro-s. etc
L.1IYT1ES BltOTUSHS, nEW YORK. General Agents.
TnifiMrlK & BENDEL, San Francisco, Pacific Slops Distributers.
everybody will tell
Chiclets are not a medicine bnt jnst really delight
ful chunks of common sense which the physician
"and the dentist and the nurse nse while engaged in
their humane .work and they recommend them
to beliad at all the Better Mnd of stores
Of Queen's root, Prof. Kinc ea
"An alterative (blood nurifieri unsti
passed by few if any other of the knoil
alteratives. Most successful in si
and scrofulous affections; beneficial
bronchial affections; permanently cui
bronchitis; relieves irritations; an ill
port ant cough remedv; coughs of vea
Branding being cured; aids in blnoj
making and nutrition and mav be takf
with out harm lor Ions' peri id
Queen's root, Golden Seal rt t, Stci
root, Black Cherrvbark and B! ,?droc
all articles extolled by leading praci
tkniers of all the schools, as the vef
best of cough medicines, arc made
peciallv valuable when eomhrnrd wil
chemically pure glycerine at.. '2 sreat
Enhances the curative action of al the!
ingredients in all bronchial, threat ar
lung affections, severe coughs ar.d kn
Who can doubt the efficacv c f r-'ih!
compound, when scientilicu'v irn.
up. a in Dr. Pierce's Golden ried.cj
Discovery? Who can doubt tl rt it is J
most effective remedv. lor tl.- ??rcrl
diseases for which its inereditr" are
highly recommended by the f rr.;o
writers on Materia Medleaf I
It is in the cure of the more chronl
or lingering, persistent, and ol rt.na1
cases of bronchial, iaryneial c.r.l lui
affections, attended by hoarse:!-? an!
severe cough, which it ne,r.?4.rd
badly treated would generally Lo ml
into consumption, that "(jok?ii y.eil
leal Discoverv" has won tun Li"hc.
praise from all who have o! -c:eJ ii
marvelous control over tht.-r a .I Ui!
deed affections. It is no clican cor
nound made-tin of trashv ir.i?r. d na
for free distribution, that cunt perl
pie may experiment upon tl.c... "e!
as with the many fake nustruns s
commonly sent out as "trial btt!es.
It has a forty vear record, eralracinl
manv thousands of cures behind it.
sold at a reasonable price arid may bl
touiKl in all drug awl mel.cinc- ctoi
in this ami manv foreign ccunK
It will be seen from the abov fcnd
extracts how well Golden M d.?a! Did
covery " is adapted lor the ct:rc cf r !
blood diseases!, aa, scrofulous end sk:J
affections, eruption, blotche-, p rnplpj
ami kindred ailments; also that it ij
equally good in all Catarrhal af.Ttr
no mailer where seated, ana lor a.
cases of indigestion, or dpcr;5la, tct
PKl liver, or biliousness ana as
tonic ami invigorator in all manner c
weaknes'ses, and in nervous det-Uttl
and pn-stration the above cxtracti
Mnch further information as to tfcsH
properties and uses of "Golden Med.ral
Discovery" and Dr. Pierces Favorltcl
Prescription for weak women, will tc
found in a little booklet of extract:!
from standard medical books wh.c
will be mailed free to any address oil
request, by letter or postal card, sent u
Dr. K. V. Pierce, Buffalo, X. Y.
All the several" ingredients of DrJ
Pierce's medicines will be found, fronj
the reading ot this little booklet,
have the strongest possible profcsonril
endorsements and recoiumr 'iuat:oi
for the cure ot all the diseases l:
wnicn these meaicinest art recom
mended. No otlier medicines for hkcl
purposes have any such endorsement.
They are non-alcohohe, non-secret, saff