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TODAY'S SPORTING NEWS WILL BE FOUND ON PAGE 8,
PRICE TWO CENTS.
BATE FIGHT PLAH
By Accepting Part of President's
Scheme They Hope to Spoil
WILL ASK ROOSEVELT
TO MAKE COMPROMISE
Points They Would Accept Would
Work Greatly to Their
By W. W. Jermane
Washington, Oct. 17.A report has
been going the rounds of the daily press
of late, that certain railway managers
of the country, among them E. H. Har
riman, James J. Hill and the Moore
Brothers, have become convinced of the
justice of the president's position on
the rate question, and made up their
minds not to oppose him further. This
statement is not strictly true.
The railroad interests of the country
have, after mature deliberation, changed
their plan of campaign, and are now try
ing to have it gppear that they and the
president are very close together on
the rate situation that the differences
between them are not vital, and that it
is the purpose of the railway interests
to advocate legislation at the earliest
Railroads Shift Position.
Originally, the railways took a defiant
stand against the president. This was
last spring, continuing thru the hear
ings before the senate committee on
interstate commerce. As the summer
advanced, and the people began to
make themselves heard, it began to
dawn upon the railways that their atti
tude of direct opposition to the presi
dent was not the best one to adopt. It
stimulated opposition, gave the public
s=hing dXTelo'taTk abouVmade", &ET&* hSdSflTat delth
every important road in the country a I| at a toed hospitaLJI death
target for criticism, and helped the
president rather than hindered him.
The railway managers then set to
work to find a better policy of opposi
tion. They concluded that they would
concede every point in the president's
brief except that giving the interstate
commerce commission power to name
rates which should immediately become
How Plan Works.
It is interesting to not just how this
new policy works out in the concrete.
The president's policy, as reshaped in
the new Esch-Townsend bill, covers six
points, as follows:
FirstThat the interstate commerce
commission shall be given the power to
decide, upon complaint and after full
hearing, whether a rate is unjust or un
lawful that the commission shall have
authority to substitute a rate which
shall become immediately effective, and
so remain unless and until reversed by
SecondThe commission shall have
the authority to declare that a rate
charged for shipment on -private car*
is unjust or unreasonable, if it be so,
and that the common carrier shall be
held responsible for such charges.
ThirdGiving the interstate com
merce commission jurisdiction over ter
FourthA reassertion of the long
and short haul provision of the original
interstate commerce act.
FifthA provision relating to the
shipment of merchandise by water and
rail, so as to prevent alleged manipula
tion of rates made possible in such
circumstances under the present law.
SixthGiving the commission full
authority to examine the books and
records of the railroads, and to pre
scribe the general form and manner
in which such records shall be kept.
Will Plead for Compromise.
The railways, in conformity' with
their new plans, will to some extent
follow the lead of M. Witte at the
peace conference. They will, after de
claring that they want legislation, and
in the main are in hearty accord with
the president, assent to five of the six
oints outlined above, and having done
they will insist that they are in
a position to demand some compromise
as to the remaining point, the first one
of the series. The strategic weight of
such a position will be readily seen.
The compromise which they will de
mand will declare that the rate-fixing
power of the interstate commerce com
mission be exercised subject to review
by the courts, no given rate to become
fixed until after the courts have ap
As to the other points above enumer
ated) however, it should be borne in
mind that the railroads are in earnest
when they say that they indorse them.
For years they have been bled by the
terminal railroads, by the "midnight
tariff," by the private cars.
This is all there is to the report al
luded to at .the beginning of this arti
Senate Committee to Meet.
After the president comes back from
his southern trip, and before the as
sembling of congress, it is the purpose
of the railways to send a committee to
see the president to ascertain if some
thing can be done to secure his assent
to their program. They will say that
having yielded so much, the president
himself should be willing to yield a
little bit. The senate committee on
interstate commerce is to meet here
about the middle of November for ad
ditional hearings and to agree upon its
report. It is probable that the effort
to win over the president may be de
ferred until the committee gets to
gether, for a good many railway men
will be in the city at that time, and
the matter can be attended to then
with the least loss of time.
GRAND DDKE CYRIL, A
SIMPLE LIFE GONYERT
Coburg, Duchy of Saxe-Coburg and
Gotha, Oct. 17.The marriage of the
Grand Duke Cyril of Russia and Prin
cess Victoria Melita, Oct. 8, at Tegern
see, upper Bavaria, according to the
Eussian rites, was formally announced
today. The grand duke is arranging
to buy the estate of Herr Bueckert,
grandson of the poet Frederick Bueck
ert, near here. He intends, it is said,
to live the simple life of a countiy
BUILDING CARS IN LOS ANGELES.
Los Angeles, Cal., Oct. 17.Within a
few days the first electric passenger
coaches to be built on the Pacific coast
will be turned out from the local shops
of the Pacific Electric railway. These
new cars will be thirty-nine feet long,
Beating forty-four passengers and equip
ped with two fifty horsepower motors
Dying Ex-Congressman, as H
peared When in Oongresi.
AT DEATH'S DOOR
Former Congressman Is Not Like
ly to Survive Another Twenty
door, according to a statement issued
today by his physicians. The end may
come at any hour. At best they consid
er it hardly probably that the patient
can survive another twenty-four hours.
Mr. Simpson last night experienced
several light hemorrhages, which left
him in a weak condition. He has been
unable to take nourishment since yes
terday. Mrs. Simpson has given up
hope of her husband's recovery and
early today telegraphed their only son
at Roswell, N. M., to come immediately.
He will arrive in Wichita tomorrow.
BEEF TRUST GREED
IN THE NORTHWEST
ENTIRE WEST IN
MAW OF PACKERS
Wichita, Kan., 17.Former
IN YOUR FURNACE
LURK GRIM GERMS
Deadly Bacilli with Awful Names
Ready to Pounce Out Thru
and the public is solemnly warned that
its health is in grave danger from these
deadly bacilli with the impossible
names. They lurk in furnaces, remain
ing in strict seclusion during the sum
mer months and issue forth in solid
phalanx when the registers are opened
in the fall. Then they get busy with
the helpless inhabitants, distributing all
sorts of disorders, such as influenza
and other irritating troubles.
The man of science who makes this
portentous announcement is Dr. Her
man Spalding, the chief medical exam
iner of the city health department. For
some time Dr. Spalding has kept his
faithful microscope trained on furnaces
and all sorts of heating apparatus, and
finally his efforts were rewarded by the
discovery of these disseminators or dis
"Those germs," said the man of
microscopes, "gather in the dark re
cesses of the furnaces ifntil released
by the opening of the registers, when
they mingle in the air of the houses
and become responsible for the irritat
ing coughs of the inhabitants, and kind
red diseases. Before the registers are
opened, the heat should be turned on
and allowed thoroly to roast the germs
and foreign matter in the pipes. The
heat will kill the germs and prevent
them from entering the rooms."
Morris, Swift and Armour Inter
ests Gathering in Every
Plant and Yard.
Journal Special Service.
Journal Special Service. Bevoe de L&peyrere. The rendezvous
Chicago Oct. 17.The staphylococcus will be Fort de France, Martinique.
and steptococus have been discovered, These preparations are precaution-
TJ) HONOR MR. BRYAN
Manila, Oct. 17.Preparations are
being made here for an elaborate re
ception and banquet for William J.
Bryant, on his arrival in Manila, by
native Filipinos, principal among whom
are the former insurgents Gomez and
Lucbans and the famous Lopez family.
The American admirers of Mr^ Bryan
are holding aloof from the Filipinos
and will give him a separate banquet.
The Elks will also give a banquet in
Mr. Bryan's honor.
IRYING'S TOMB BESIDE
GRAVE OF GARRICK
London, Oct. 17.A spot alongside
Garriek's grave in Poets' Corner, West
minster abbey, has been selected for
the burial of Sir Henry Irving, whose
body will therefore lie directly beneath
the statue of Shakspere. The bodies of
Dr. Johnson and Charles Dickens are
King Edward will be represented at
the funeral. Twelve hundred cards of
admission to the abbey will be issued.
The honorary secretaries have already
received applications exceeding this
8HUBERTS ASK $200,000.
New York, Oct. 17.The parents of
Sam Shubert, the theatrical manager
who was mortally injured in the wreck of
the Pennsylvania railroad Chicago ex
press last May, brought suit in the United
States circuit court today for $200,000
against the railroad company, alleging
that negligence caused their son's death.
This suit is one of several others aggre
gating $600,000 and growing out of the
HAIR ON HIS TONGUE NO TASTE.
Biddeford, Me., Oct. 17.Because of a
growth of fine hair on the end of his
tongue, Will E. Cleaves, a jeweler of this
city, is losing his sense of taste and also
his power of speech. The strange case
has thus far baffled the local physicians,
who say they have never known of a sim*
ilar case, and do not know how to treat it.
interests & Co. Swif & Co
and Armour & Co., are said to
be seeking control of all the pack
ing houses and stockyards in the
west, thru the medium of the Na
tional Packing company. Except in
Kansas City and Chicago, these inter
ests are already under control of this
combination and its efforts are now be
ing directed toward these two cities.
According to current rumors at the
Union stockyards, the Swift interests
constitute the leading factor in the Na
tional Packing company. The fact that
Edward Tilden became president some
time ago, with A. T. Fuller's eleva
tion to the vice presidency, seem to be
the foundation for these rumors. There
is also a report that G. F. Swift will
become an officer in the near future.
It appears that in the consolidation
of these vast properties the National
Packing company is in most instances
the nominal purchaser, but in some
cases the packers are working as indi
viduals. A short time ago the Plankin
ton plant at Milwaukee was taken over
by the Swift interests. And so it goes
all along the line, with chances that a
huge combination will soon be in abso
lute control of these immense business
enterprises thruout the we*st and north
west. FRENCH FLEET TO
Ultimatum to'Venezuela to Be Re
inforced by Heavy Armed
Paris, Oct. 17.The departure of the
armored cruiser^Be Saix from Cher
bourg yesterday for the island of Mar
tinique, French West Indies, inaugu
rates preparations for dealing with the
Venezuelan question with a strong hand
if President Castro persists in his pres
The Matin says the government has
drawn an ultimatum which will be for
warded to the Caracas government.
The De Saix will stop at Brest, where
she will be joined by the cruisers Ytya
Voisier and Ghasseloup-Loubat. The
three warships will proceed to the
French West Indies joining the crnis-
%s*~Juraen de la Graviere and Troude,
now at Martinique. This will give the
division five ships under Admiral
nry, as the officials here are still hope
ful that President Castro will make
suitable amehds. No orders have been
issued concerning the nature of the
ultimate naval action against Vene
zuela, as these await the assembling of
the ships and the result of the diplo
The duration of the voyage to Fort
de France will be about two weeks
therefore time remains for President
Castro to make explanations. It is
understood that the demonstration, if
finally resorted to, will take the form
of a blockade of Venezuelan ports.
Sioux City, Iowa, Oct. 17.Mathew
Baldes, a Sioux county farmer, is in jail
at Orange City, charged with choking and
beating his wife to death. Baldes strong
ly protests his innocence.
AS WAY TO PEACE
St. Andrews, Scotland, Oct. 17.Five
nations or even three banded together
in a league of peace and inviting all
other nations to join them could banish
all war in the future^ This opinion
was expressed today by Andrew Car
negie in his rectorial address to the
students of the University of St. An
drews. In outlining the plan for the
league of peace, Mr. Carnegie said:
"If the principal European nations
were not free thru conscription from
the problem which now disturbs the
military authorities of Britain, the lack
of sufficient numbers willing to enter
the manslaying profession, we should
soon hear the demand formulated for
a league of peace among the nations.
"Five nations co-operated in quell
ing the recent Chinese disorders and
rescuing their representatives in Pe
king. It is perfectly. clear that these
five nations could banish war.
League of Peace.
Suppose even three of them formed
a league of peacesinviting all other
nations to join and agree that since
war in any part of the civilized world
affects all nations and often seriously,
that no nation shall go to war, but
shall refer international disputes to
The Hague conference or other arbi
tral body for peaceful settlement, the
league agreeing tk declare non-inter
course with any nation refusing com
pliance. Imagine nation cut off today
from the world.
The league also might reserve to it
self the right, where non-intercourse is
likely to fail or has failed to prevent
war, to use the necessary force to main
tain peace, each member of the league
agreeing to provide the needed forces
or money in lieu thereof in proportion
to her population or wealth.
"The emperor of Russia called The
Hague conference, whidh gave us an in
ternational tribunal. Were King Ed
ward or the emperor of Germany or
the president of France, acting for their
governments, to invite the nations to
send their representatives to consider
the wisdom of forming such a league,
the invitation wouid no doubt be re
sponded to and probably prove success
Boon for Smaller Nations.
The number that would gladly' join
such a league would be 4S*eBt,~foT the
smaller nations wol&ld welcome the op
*'The re!a$0n*|r between Britain,
'France jand ^hte^ft*2T*States today
are 0 close^their aims" se similarptheir
territories /and fields of operations so
clearly defined and so Qiifesfint, that
these powers might properly ^unite in
inviting other nations to consider the
question of such a league- as has been
sketched. It is a subject well worthy
the attention of their rulers, for of
all the modes of hastening the end of
war this appears to be the best.
"We have no reason to doubt that
arbitration, in its present optional
form, will continue its rapid progress
and that it in itself contains the ele
ments required finally to lead us to
peace, for it conquers wherever it is
tried, but it is none the less gratifying
to know that there is in reserve a
drastic mode of enforcement, if needed,
which would promptly banish war."
TUESDAY EVENING, OCTOBER ^1905. ^S*TO^W*M*&***!3
Carnegie Would Have the Powers
Leagued Against War and
Its Horrors.,* h'
THEN TO BE CUT OFF
Five, or Even:VThree, Powers
Enough to Start the Laird's
Scheme of Peace.
ESTIMATE VS. EXPECTATION.
Toklo, Oot. 17.It is estimated that the
profits on the tobacco monopoly this year wiU
he $16,000,000, but it is expected it will be
$500,000 more than the actual calculations.
I THE NEW FURNACE BACILLI.
I No wonder our poor old furnace has such, a terrible consumption of coal every winter
Arab Tribesmen Carry Off and
Hold Two Marines as
Tangier, Morocco, Oct. 17.Two Brit
ish marine officers have been captured
and carried off by the Anjera tribe
while returning^ to Ceuta from the Brit
ish repair ship Assistance, recently
wrecked in Tetuan bay.
The officers captured are Captain
John E. Crowther and Lieutenant Edw.
A. S. Hatton of the royal marines. They
were under' an escort of twenty-one
Biff tribesmen and were attacked by
half a dozen Anjeras under a brother
of Valiente, the brigand chief, who was
recently arrested at Tangier. The Biffs
fled and the two officers were over
The same band lately assassinated the
governor of Ceuta and his son.
The minister of foreign affairs, Mo
hammed El Torres, has dispatched cour
iers to ascertain the whereabouts of the
captured officers and open negotiations
with their captors, whose object sup
posedly is to secure a ransom^ and the
release of Valiente, who is now impris
oned at Fez.
Later in the day communication was
effected with the captives. The brig
and chief demands as the terms for
TIMBER COST $50
Attorney General Beady to Sue
for Trespass Value of Logs
Sold by B. 0. Dunn.
Attorney General E. T. Young today
made a demand on Bonness & Howe of
Minneapolis for treble stumpage value
of the timber cut for them from a state
school tract in St. Louis county. This
was sold in 1901 by B. C. Dulm for a
lump price of $50, under the law per
mitting such sales of tracts with less*
than 100,000 feet of timber. One of
the loggers who cut it now states that
700,000 feet were taken from the tract,
worth $3,500. Under instructions from
the state timber board, the attorney
general will sue for three time that
amount, about $10,500, if not settled.
The state will claim thajt- the sale was
void ami the timber therefore was out
C. S Jelley, assistant attorney gea
eral. has gono to Aitkin county to con
duel a criminal prosecution of John
Shagrue for trespass on state land. A
suit has also been* filed in St. Louis
county against the Le Sueur Lumber
company, an Iowa corporation, involv
ing a claim of $2,500 for trespass on
TWENTY-FIYE LOST IN
SORTH SEA HURRICANE
Hamburg, Oct. 17.A terrific north
west storm, accompanied by rain and
hail, has been raging in the North sea
for four days. Many vessels have foun
dered or been damaged, and twenty-five
sailors are known to have been lost.
The harbor is filled to overflowing with
vessels seeking shelter. The coasting
trade has been completely suspended.
their release the freedom of Valiente. preside nt Seeks to Out Off Sup-
The consent of the Spanish government'
is necessary before any further steps
can be taken.
BAIN TONIGHT AND POSSIBLY WEDNESDAY COLDER TONIGHT.
MUTUAL LIFE PAID HOUSE RENT^m
FOR^ITS ENVOY TO LEGISLATURE
CABLO F. MORALES,
President of Santo Domingo, Safeguard
ed Against Revolutions.
ON REVOLT HABIT
plying of Arms for Santo
Washington, Oct. 17.Exportation
of arms, ammunition and munitions of
war of every kind from any port of
the United States and Porto Bico to
any part of the Dominican republic is
prohibited by a presidential proclama
tion issued from the state department
today. Accompanying the proclama
tion is an explanatory memorandum to
the effect that this4 action has been tak
en after consultation with the Domini
can government, with their concurr
ence, and is intended to assist them
in the enforcement of their regula
tions designed to prevent the peren
nial revolutionists of the island from
getting warlike supplies.
WEST IN GRIP OF
A LABOR FAMINE
Lumbermen and Railroad Con
tractors Are Beating the'
*Wk Busies for Men. "-fs^
Cold weather is expected to relieve
the labor situation. A few frosts, com
ing with the approaching end of the
harvest season, is due to drive laboring
men to, the woods and to railroad work,
where they are sadly needed.
H. S. Birch of the National Em
ployment company returned today from
the Chicago office and reports the situ
ation desperate there, as well as in
Minneapolis. He said he could use ten
times the men he can find. He could
use 250 teams on railroad work. He
wants heavy teaming outfits to take
In Chicago yesterday about ten men
were employed where there were orders
for 300 or 400. In Minneapolis 100
men are being sought for railroad work
on the Milwaukee road in South Da
kota. Idle men cannot be found. For
other railroad work in South Dakota,
not yet begun, there are orders for 150
In Minneapolis the sawmill men are
short-handed, and the lumbering con
cerns are as yet finding no men to fill
the winter"* camps. Help is expeeted to
come later from the harvest fields, how
ever. The immediate local field was
pretty near monopolized this summer
by the street railway company, which
employed about 1,200 men at good
wages, and stripped the market. Oth
erwise the situation is similar to the
usual fall state of affairs when harvest
is not quite closed and winter orders
are in, only worse.
Loggers are paying better wages this
year. The ordinary swamp men are
getting from $28 to $32 a month, and
Employment agencies are willing to
use any kind of labor. Loafing around
headquarters is stopped. Men who
come into the various offices are
snapped up by the employment men if
they will work, and if not, it so ag
gravates the agency men that they
move the laborers on.
Prom Pierre, S. D., comes a story of
the difficulties attending the importa
tion of labor. The North-Western road
has not been able to.begin yard work
there, altho material is on hand, be
cause it can't get men to work. The
Italian crew which was brought in last
week quit and left for Chicago, and it
may bo several days before other la
borers can be secured.
MOLTEN METAL IN
SHOWER OF DEATH
Five TGns of Liquid Iron Explode,
Killing One and Fatally
Chicago, Oct. 17.Five tons of mol
ten metal exploded today at the Joliet
plant of the Illinois Steel company,
falling in a shower of death on a band
of workmen about the converter. One
man is- dead, three are fatally burned
and a half-dozen iniured so badly they
may die. Many others suffered severe
burns on feet and hands. The explo
sion shook the whole plant, sending
panic into every corner of the great
works. Half a hundred men were with
in range of the liquid metal. The
shrieks of the injured m#n were heard
all over the grounds of the company.
SCHOOLBOYS ARE ON STRIKE.
York, Pa., Oct. 17.One hundred and
five students, composed of the senior and
junior classes of the York high school,
went out on strike this morning. The
boys refused to obey the order of the
faculty not to wear colors. They are sat
isfied to do away with class fights, but
they" refused resolutely to lay. off their
P~ hisiness Capital
ltfli QjHlU'Uoal be as easy to get as a
,go business location. Use
a Want Ad.
Insurance Magnate Declines
Answer Questions as to Re
Draws $150,000 Salary but Dis
claims Knowledge of His
New York, Oct. 17.It developed at
today's session of the insuran-ce investi
gation that the Mutual Life Insurance
company paid house rent at Albany for
A. C. Melds, an employee of the com
pany, during the legislative session.
Richard A. McCurdy, president of the
company, testified that Fields was ite
Albany on legislative matters.
McCurdy said he did not know An
drew Hamilton of Albany and was sur
prised to learn that the Mutual Life
had paid money to Hamilton.
Mr. McCurdy was questioned at great
length concerning a steady reduction in
the dividends paid to policyholders by
the Mutual Life, but he declined to dis
cuss the questions, sawing the com
pany's actuary was the proper person to
give information on that subject.
Beck Statement Disproven.
Before Mr. McCurdy was called,
James McKeen, associate counsel
committee, put in1
ords a statement of the assets of the
Mutual Life and of the banks of Eng-_
land, France and Germany. James a.. -*j
Beck of counsel for the Mutual Life, ?A
cuss the questinos, saying the com-^|*i
mittee that the assets of the MutualpV
Life exceeded the combined assets of -~j
the banks of France, Germany and Eng- 3*
land. By cable, Mc. McKeen said, he "V
had ascertained the combined assets of
those institutions were $2,226,574,725,
while those of the Mutual Life were
$440,978,371. Further, said Mr. Mc
Keen, he had found the salary of the
president of the ,Bank of Germany to
be $30,000 per annum and that or the
chief governor of the Bank of England
to be $10,000. He had not been able to.
ascertain the salary of the president of
the Bank of France.
What McCurdy Knows.
Mr. McCurdy was questioned first as
to advertising. A clipping f#om a mag
azine for October, 1905, was shown him.
He said it was an advertisement in
serted by his company setting forth the
advantages of his company. He never
saw the advertisement before in his
life. He had no more knowledge of
what advertising his company puts out
than the casuttl reader. This was the
business of the advertising department,
Mr. McOnroy did not know whether
some oneJn Mutual Life's offices
received the coupon attached ta adver
tisement which the reader is instructed
to forward to the company for further
information, or whether the coupons
went to C. H. Raymond & Co., the met
ropolitan agents of the Mutual.
Reduction of Dividends.
Mr. Hughes announced that the com
mittee had received a large number of
letters regarding the dividends on the
policies of the Mutual Life. Some of
them Mr. Hughes read to the witness.
Baying those he reAd were from policy
holders in New York city, One writer,
who had taken out a policy in 1865 for
$3?000 on the ten-payment life plan,
said his dividend in 1876 was $55.76.
In 1881 it was cut to $39, in 1891 it was
reduced to $20, and in 1904 to $3. This,
the writer said, was in the face of the
reserve increasing year after year.
Mr. McCurdy said Mr. Hughes had
the wrong witness. It was the actuary
who looked after the calculation of divi
dends. Had he been notified a day
ahead he would have been fortified with
this information. Mr. McCurdy com
plained that this investigation was go
ing outside of what was contemplated
when the committee was appointed by
the legislature. He said he understood |jyt
this was to be an examination of inc tSM
surance methods, not an inquisition.
Inquisition, Says Hughes.
Mr. Hughes replied that it was, la
deed, an inquisition.
"We will have occasion to call your
actuary, but you have been in the in
surance business for forty years, and I
want to learn what you know about
your company," said Mr. Hughes.
''You are its president and receive
$150,000 in salary. I want to learn
for what you are responsible."
''You are trying to prove me a fool,"
the witness retorted.
"Without"commenting on that which
is obvious, let me ask you to tell us
to the best of your ability some of the
lines on which your company is con
ducted?" said Mr. Hughes.
Mr. McCurdy insisted that his actu
ary must answer the questions on divi
dends paid and how they are calculated.
He declined to enter any explanation
further than that the policyholder above
referred to had a reduced-rate policy.
Mr. McCurdy said if a copy or the
policyholder's letter was furnished him
he would have the matter looked up.
Declined to Answer.
Mr. Hughes said the reason he took
up this subject with Mr. McCurdy in
stead of the actuary was that Mr. Mc
Curdy had submitted a great many fig- jp
ures to show the increase in the salary^
of the witness was due to the great %ck
prosperity of the company.
Mr. McCurdy many times "declined,*
to answer" questions by Mr. Hughes, f^z
111 don't warit -your discussion,'' said fgg
Mr. Hughes. "If you say you don't^j
know we '11 accept that answer.''
I decline to discuss the question,"
witness "said. *$
"Do you know?" -v-#
I decline to discuss the question."
"Do you refuse to answer the ques-
I decline to discuss ^he question
when I have proffered you a witness
whose business it is to know all of these
facts you are looking for."
Other letters from policyholders were
read to Mr. McCurdy, showing a grad
ual reduction of dividends, and he re
plied that probably the decrease was.
due to the approach oef the maturity of
further to ex
plain what he meant, he again refused
to "discuss the question."
Befnsed to Discuss HM^fesg
STChairman Armstrong then asked the
witness what relation the approach of
the maturity of the policy nad to its
earning capacity, and Mr. McCurdy rev
fused "to be drawn into a discussion.'r
Continued on 2d Page, 6th Column,
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