TITE OMAHA DAILY REE: FRIDAY, FEBRUARY 23. 1906.
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OFFICIALS ARE BLAMEABLE
Armstrong Insurance Committee Makes Its
Report Public.
STATE DEPARTMENT HAS AMPLE POWERS
Irreaalarlt les aad Graft (oald Have
Rfri lintfrfd a ad Stepped
Had the Official Been
Diligent.
(Continued from First Pago.)
FourthInvestment, including syndicate
participations.
Fifth Limitation of new business.
Sixth I'lilltlcal contributions.
Seventh Lobby Inf.
Kighth Limitation of expenses.
Ninth Valuation of policies.
Tenth Rebates.
Klrventh Surrender values.
Twelfth Ascertainment and distribution
nf surplus.
Thirteenth-Remedies of policy holders,
or right to resort to the! courts.
Fourteenth-Forms of policies.
Fifteenth Publicity and s'.ate super
v'slon. Sixteenth Penalties.
Recommendations ty Committee.
The committee recommends that article
II of the Insurance law be so amended as
to permit the formation thereunder of
mutunl corporations without capital stock
to transact the business of life Insurance
and for such other purposes as are author
lied to be connected therewith- In the case
of stock corporations; provided at least
5i0 persons have subscribed to become
members therein In the aggregate amount
of at least Sl.noo.OOO to be Insured upon
their lives and shall have each paid in
one full annual premium in cash upon the
insurance subscribed for. und provided
further that It Hhall make the same
deposits with the superintendent of insur
ance that are required of stock cor
porations formed, for similar purposes.
Section 100. permitting the Incorporation
of companies upon the co-operative or
assessment plan, should be amended so as
not to permit such companies lo be in
corporated In the future and foreign com
panies of this Bort not already transacting
business in this state should not be per
mitted to enter the state.
I'oncernliiR the so-called mutual com
panies, the committee says:
Notwithstanding their theoretical rights,
f)olley holders have had HtMe or no voice
n the management. Kntrenched behind
proxies easilv collected by stibservcnt
agents and running; for long periods, unless
expressly revoked the officers of these com
panies have occupied unassailable posi
tions and have been able to exercise power.
Ownership of the entire stock of an un
mixed stock corporation scarcely could
give a tenttire more secure.
The most fertile source of evils In ad-
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ittSSvSA.. UNDER
prtvata, ehronlo and pelvte dlsass. who are treating with quack special
ists and inexperienced physician without receiving any benefit, we have de
cided te make a special offer to charga only one-haif of our regular fee for cur
ing those who are now undergoing treatment elsewhere and are dissatisfied,
provided that you corps to us before March a. 106. For Instance, If you are
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'curing either of which without any complication la $26 00. we wll guarantee to
cur you for 112.60. and accept the money In any way yeu wish to pay. We will
also cure Contagious Blood Poison for tit UK which la Just half our regular tea.
The liberal offer is nutd to enable ttms to ba cured who have apent their
money In doctoring -without relief and to show the many who have treated with
dosena of physicians without benefit that w have th only methods that pro
duce a lifelong cur.
Our method at up-to-date and are indorsed by tbe highest turd
Seal authorities of Europe and America. Hence, our success 1 th
treatment of nieu's dux-nates. Remember, oar specialty la limited to
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NORTHWESTERN
Kortbweat Corner 13th and Farmam.
ministration has been Irresponsibility of
official power. However, much of this msy
be expected In the case if absolute stock
control, in fact of a mutual iiMiipuny It
firoceeds from a migrant dlsrcgiird of the
aw of Its being. While It would he. plalntv
unwise Hint the imiimKV'nl of a life In
surance company slioulu te renoec! unsta
ble or that Its personnel should be frequently
i hang' d, It Is of the tlrsl Importance lh.it
ofllcers should realise I hut their direct re
sponsibility to tho.e whom ihey vepresent
and should rely for the continuance In
office upon proved efficiency and not upon
a practical Inability of the policyholder
to depose them. With these objects In
view the following plnn Is recommended:
At least Ave months prior to each elec
tion, lists of policyholders having at least
$1.'") of Insurance In force, piopeily clnst
lied by states and country's, giving names
and addresses but not amount of insurance,
should bo tlltd with the superintendent
of Insurance and similar lists should be
open to inspection at the home office of
the corporation. Lists also open to Inspec
tion or policyholders within each state and
foreign country should be filed at the gen
eral agencies of the company In such
Jurisdictions. Voting should be limited to
those who have been insured at least one
year before the election and whose policies
are still In force when the election is held.
The board of trustees or directors should
annually nominate candidates to be votel
for at the next election and should file Its
nominations with the superintendent of
Insurance at least four months before the
election, together with a designation of
persons to receive proxies to vote for sijch
candidates.
Independent dominations.
It should also be provided that any group
of 100 members should be privileged to
make and tile with the superintendent In
dependent nominations, together with
names of persons who will receive proxies
to vote for the candidates, at least three
months before the election. The corpora
tion should be required, at least two
months' prior to the election, to mall to
each policyholder notice ol the election,
together with a suitable ballot containing
the names of all the candidates whose
nominations have been duly filed with
properly addressed envelopes enclosed for
the return of the ballot. The periods
above mentioned have been fixed In rirder
to give opportunity to every distant policy
holder. Votes should he limited to the
nominated candidates, and suitable pro
visions should be made for new nomina
tions and the casting of votes under
proxies. In case of the death or Incapacity
of any person nominated. Provision should
also be made (or the proper custody uf
ballots received by mall, and disinterested
persons should be appointed to act as
Inspectors o election.
o Confidence In Mock Control.
The committee. In Its remarks on stock
Insurance companies, recites the purchase
of a controlling interest In the F.qultahle
Assurance society by Thomas F. Ryan and
the placing of the voting power In the
hands of the trustees selected by him.
"No exception can he taken to the ability,
the Judgment and the character of those
who are acting as trustees of a majority
of the Kqultahle shares," says the com
mittee, "but their uppolntment and their
efforts to ascertain the wishes of the policy
holders as a guide to the selection of an
ultimate majority of the board affords a
most Important exposition of the convic
tion that stock control of large insurance
corporations , no longer commands confi
dence." Amendment to existing laws is recom
mended to confer on directors of stock
companies the power to grant policyhold
ers the right to vote for directors. A fur
ther recommendation Is .made that oppor
tunity should be afforded stock companies
to convert themselves into purely mutual
companies, but the committee does not be
lieve that this conversion should bo made
compulsory and suitable safeguards should
be provided so that no stockholder shall
be deprived of his right of property with
out his consent.
Aa to Investments.
On the subject of the Investments of life
Insurance companies the committee, after
declaring against "syndicates," recom
n ends that the law bo amended so as to
pre vide:
First That no ninvestment In the stock
of any corporation shall be permitted ex
cept In public stocks of municipal corpora
tions. Second That lnxcstments in bonds se
cured to the extent of more than on
tlurd of the entire security therefor by
the hypothecation of corporate stocks shall
be prohibited.
Thlid That no loans shall be made upon
stocks and bonds which are not the sub
ject of purchase under the abovo pro
visions. Fourth That every company now owning
stocks or bonds of the prohibited classes
shall he required to dispose of the same
within five years from December 31, I1;,
end each yenr prior thereto shall make
a reduction of the amount of such in
vestments to an extent approved by the
superintendent of insurance.
Fifth Tho statute should forbid all syn
dicate, participations, transactions for pur
chase and sale on Join account, and the
making of any agreement providing that
the company shall withhold from sale for
any time or subject to the discretion of
others any securities which it may own
or acquire.
Rixth It should also he provided that no
officer or director should be pecuniarily
Interested cither In as principal, co-principal,
agent or beneficiary In any purchase,
sale or loan made by the corporation ex
cept In the case of a loan upon his policy.
The .committee recommends limiting the
amount of new business which each of the
larger Insurance companies may take to
$150,000,000 a year and that no company
doing business In the state except the
industrial companies shall issue policies
In excess of certain prescribed limits.
The report continues:
Pol tl Irs and Lobbying;.
Contributions by Insurance corporations
for political purposes should be strictly
forbidden. The committee recommends the
passage of an unequivocal and drastic
measure to remedy this evil. Not only
should It be expressly prohibited and
treated as a waste of corporate moneys,
Until March 3d
Treat Any Single Uncomplicated
Ailment
ABSOLUTE GUARANTEE
KO PAY UNLESS CURED
OUR SPECIAL OFFER- ,n vl,w th,p
uun aiiiumi. mi r tn. M man Bmtctd with
MEDICAL
& SURGICAL
IISTITUTE
Entrance on J 3th Street.
but any officer, director or agent mak
ing, authorising or consenting to any such
contribution should lie guilty of a mis
demeanor and the prohibition should le
extended to sll corpomtv contributions of
this character.
Nothing disclosed by tin Investigation
deserves more serious attention than the
systematic efforts of the huge Insurance
companies to control a large part of the
legislation of the stute. They have lieon
org.mizcd Into an offensive and defensive
alliance to procure or t prevent the
pasonee 01 laws ani-cttng not only inmir
ance. but a great variety of Important in
tcresls to which, thtoiiKh suhsliilarv com
panics, or through the connection of their
office, they hHVc heroine related. Their
iilieriitlons have extended hryond the stnt
and the country has been divided Into
districts so that each comjiany might per.
fnrm con venten 1 1 v its Rlitn-A .f Hm w..pt
Knnrnious sums have been expended In a
surreptitious manner. Irregular accounts
nuve been Kepi to conceal the pavments
ror which paper voucher have not been
reipnreu. i mw course in com I net lias
created it widespread conviction that large
portions of t hl money lias leen dishonestly
used.
Andrew Fields, who represented both the
Mutusl ami tne r.qultahln in legislative
mutters and w-as In control of the supply
department of the former company, re
mained beyond the Jurisdiction during the
sessions of the committee. The general
solicitor of the Mutual, to whom the chair
man of the committee' on expenditures
entrusted large sums, tiled just before
the beginning of the Investigation nnd an-
parently left no account as to how the
money hno: neen spent. Andrew Hamilton,
who within ten years, received unwinds
of 11,000.010 from the New Tork life on
the warrant of Its president In connection
with Its bureau of legislation and taxation,
has remained nhroad and has failed to
render sny proper account showing the
Disposition oi ine money.
Cannot Trace Money,
The ofllcers of the company say that thev
have no knowledge of the uses to which
it was put. The officers of the Equitable
irom wnom ngnt might uave been ex
peeled on the disbursements of their com
pany, el'her remained out of the Jutisdlc
tlon or have been disabled by Illness. On
account of the absence of the necessary
witnesses and the lack of proper vouchers,
the committee has been unable to trace
the moneys said to have been disbursed
In connection with legislation. But while
It is sufliclent.ly evident that large sums
have been disbursed for Improper pur
poses. It Is also clear that puyments for
confidential outlays exempt from audit
hare furnished abundant opportunities for
misappropriations. They suggest the ne
cessity t,f requiring a strict accounting
from those who are responsible for the
payments as well as from the agents who
have received the moneys.
It lias been insisted that the Insurance
companieKj have been so continuously
menaced by the Introduction of ininronei
nnd 111 advised legislative measures in
many states that thev have been ram.
IeHed lo maintain a constant watchfulness
and to resort to secret means to defeat
ineni. An Insumnre corporation, however,
h Ids a position of peculiar advantage in
opposing any legislative measure which
really antagonizes the Interests of policy-l-o!derr,.
A very large proportion of the
voters of the state hold policies of llfo
Insurance. It Is easy for the companv
to apprise, them of hostile legislative meas
ures, and In addition a department of tho
state government exists for their protec
tion, whose reeomemndatlnns have rarely
ia. ..-a io receive proper consideration In
ire legislature.
Intcrefercnee with legislation
It Is not a difficult mutter to direct pub
lic n inio ion io an oDjccuonanie Dill at
icriing me insurance corporations, or to
have opposing argument ajid criticism ef
fcctlvely presented. Again. If, in spite of
argument fairly and publicly presented, the
legislature insists on passing a law inimical
to the true Interests of the companies, it
Is not the ofllcers. but the policy holders,
who must bear the loss, and the conse
quences which can readily be pointed out
are. almost certain to bring nbout an eatjy
repeal of the obnoxious legislation. The
employment of agents to disburse larae
sums and of clandestine methods to defeat
legislation Is wholly inexcusable. The
pernicious activities of corporate agents
in matters oi legislation demand that the
present freedom of lobbying should be
restricted. They have brought suspicion
upon Important proceedings of the legis
lature and have exposed Its members to
consequent assault. The legislature owes It
to Itself as far as possible to stop the
practice of the lavish expenditure of
moneys ostensibly for services In connec
tion with the support of or opposition to
bills and generally believed to be used for
corrupt purposes. Tho legislature should
free Itself from the stigma which now at
taches to the progress of measures affect
ing important interests.
Publicity Recommended.
The laws against briberv and corruntlnn
offences which are difficult of proof, are
sufficiently stringent, but an effort should
be made to strike at the root of the evil
by requiring under proper penalties full
publicity were regarded to moneys ex
pended in connection with matters by the
legislature. corporations should he re
quired to keep accounts and vouchers In
which all sucn payments should "be fully
detailed and receipted for, and an adequate
statement regarding them should form part
of such reports as may be required.
In the case of insurance corporations
the remedy -lies, tlrst, generally within
the requirement of a proper authorization
of all expenditures and vouchers, staling
In detail tha purposes for which moneys
paid for legal expenses in connection with
legislative matters have been expended.
And further, the company should he com
pelled to set forth in its annual statement
to the suHTlntendent of Insurance all sums
so disbursed, giving the mimes of the
payees, the amounts paid and the specific
put pose of the payment.
Professional services In promoting legis
lation may be entirely honorable und are
frequently necessary. We are not Inclined
to recommend legislation on this subject
which will Interfere with the presentation
to a legislator of the views of his con
stituents or of citizens generally, but we
oeueve inai wnere legislation is opposed
or promoted by paid professional advocates
the matter should be the subject of suit-
aoie regulation.
Publicity" (or Lobbyist.
The committee, therefore, recommends
that the legislative law be so amended that
every person reiainea or employed for com
pensation aa counsel, or agent, to promote
or oppose the passage of bills or resolutions
by either house or executive, approval of
such measures, shall, before entering on
the service tile In the office of secretary of
state, a writing stating the name or names
rxt I. i - ....... I .. , ... . , - .
in. , luarinri wiui a uriei ae-
scrlptlon of the legislative matter, with
reference to which the service Is to be ren
dered. The secretary of state should be
lequirea io provide a docket to be known
as the "docket of leaislative aunearanreu
with appropriate blanks and Indices In
wwi u me names or counsel and agent may
be properly entered. Fees contigeut on leg
islative action should be prohibited. It
should also be made the duty of every cor
poration and association doing business in
the state within two months after the ad
journment of the legislature to rile with tho
secretary of state an itemized statement,
duly verified, showing in detail all expenses
paid or Incurred In connection with legisla
tion pending at the last session. Including
all disbursements or compensation puld or
imauic iu vtjuiiMri ui- agents, exception
may be made of the dulv aecrediie.i
sel of municipalities, public boards aud
euonu iiiaiiiuiions, ana oi ine ordinary pro
fessional services, In drafting bills or ad
vising clients as to the construction and
effect of proposed or pending legislation
where the professional service Is not other
wise connected with legislative action Vio
lation of the law should be made a misde
meanor and the failure to file the state
ments required should subject the offender
to appropriate penalties.
An to btpenan,
Th committee deems It Inadvisable to
recommend that the legislature attempt
to prescribe the epenuituie of Insur
ance corporations. The legislature cannot
undertake the management of the business
In seeking to secure economical adminis
tration it should not overstep the line
which divides suitable state supervision
from an utterly Impracticable effort to pre
scribe details. The" legislature should aim
to permit freedom of management subject
to general relations and complete pub
licity. For example, it is deemed unwise
to limit salaries by statute, but it should
be provided that all salaries of officers and
the compensation of any other person re
ceiving over a certain amount, say f One a
year, should be nxrd by the board of
directors aud not by any committee thereof
or by any executive officer, and should be
reported In the annual statement to the
superintendent of insurance.
The evidence, however, makes' It clear
that the most wasteful expense lie In the
amount paid for new business. Kvery
company professed to deplore this, plead
ing that competition rendered it unavoid
able. By v the limitations of their new business
th three great companies will be able
very largely to diminish their agency ex
penses. This will ulso relieve th smaller
companies io a marked degree of eonipeil
tlon 11 wnl:h they have hitherto been sub
ject. Some ' limitation of the expense In
getting business Is imperatively required;
otherwise there is little r -asou to doubt
that there will be a continuance of the
present extravagant methods.
roasualaalana Mhonld He lalforai.
Th committee doe not recommend that
the rate of commission be prescribed by
law. It 1 recommended that eoiiiiiilKSion
should be uniform; that is to say. that
while the rate may vary aA-coidiiM to th-
plan of inausanue the compensation should
nut b greater In ainouut fcr auiy l.c0
of Insurance at the same age nnd should
be determined bv th amount paid m the
esse of an ordinary whole life . policy.
Honases. prises sud rewards and other
specisl Inducements based on the sls of
policies or on the aggregate of insurance
written should be prohibited. All com
missions should be detlnllelv agreed on
In advance and should be a fixed percent
age of th premium of each II. raw of In
surance. It s also recommended that re
newal commissions should be limited to
four years and to a certain per cent, say
10 per cent of the first year's commissions,
so that the general restrictions placed on
the first year's expenses should not he
evaded. Iians and advances to agents
should be prohibited.
The'commlttee recommends thnt the law
W so amended that a minimum standard
should be established; and so that pre
liminary terms in the valuation of policies
Issued after should not h permitted.
The superintendent of insurance should
be required to tlx a legal minimum stan
dard. Assessment and co-operative com
panies should he compelled to maintain a
reserve not only equal to the proceeds of
one death or disability assessment, but
also at least equal to the cost ol Insurant-
for two policies In accordance with the
experience table or mortality until th
next call. Any reserve provided for bv
the articles of association or by-laws or by
the contiacts with the members of any Ufa
Insurance company should le charged as
a liability in accordance therewith.
The law as to inhales Is sufficiently strln
gent, but as a further precaution It Is
recommended that the penal code tie
amended so aa to provide that a person
receiving a rebate should be equally guilty
wnn tne one wno gives it.
Wl'h reeard lo the new nollcles the nro.
visions of the statutes should he liberalised
and the Insurance In the absence of notice
from the policyholder should be auto
matleally continued for Its full amount ai
long as the reserve upon his, policy will
justuy.
Tho committee recommends an annual ac
counting and an annual distribution; the
companies protecting themselves against
fluctuations In value by the accumulation
an1 retention of a reasonable contingent
fund. The maximum of this fund to be
based on a percentage of the net values
of culstar.dlng policies.
Tha committee believes that mutunl com.
pmlen nnd stock companies chartered to
transact business on the mutual basis of
holding themselves out aa transacting bust
ness on this basis should be forbidden
from writing nonpartlclpatlng policies.
Remedies of Toller Holder.
Assuming that the funds belonging; to
policy holders through the opportunities af-
lornea ny oeterrea aivinena contracts have
been wasted through lax and corrunt ad
ministration and that not only have the
shares of profits for policy holders been
demanded by secret and arbitrary method
of computation, but that the policy holders
have been denied an opportunity to seek
teller in tne courts, tne committee recom
mends a repeal of the existing law which
provides that action by the attorney gen
eral should be a condition precedent to an
order, judgment or decree tor an account.
Ing and that the matter should be left sub
ject to the general provisions of the articles
of the rode relating to actions against cor
porations.
The committee recommends the adoption
of standard forms of policies, simple In
form and In. clear and concise language, to
tie approved by the superintendents of In
surance. and tnat tne issue of other poll
cles than those thus provided for should
be prohibited. The recommendation as to
compulsory issue of standard forms does
not extend to policies issueu ny assess
ment or co-operaiive associations or lra
ternal societies.
The companies should be required to se
forth In their annual statement apart from
those matters which the superintendent
may otherwise require:
First The real estate held by the com
pany. the dates of acquisition, the names
of vendors, the actual cost, the value at
which it is carried on the company's
books, the market value, the amounts ex
Dended during the year for repairs and 1m
nrovements. the gross and net Income from
each parcel and If any portion of th same
be occupied by the company the rental
value thereof, a statement or any cenin
rate issued bv the sunerintendent extend
Ing the time for the disposition thereof
and any and all transactions in real estate
since the last annual statement.
Second The amount of l existing loans
on the security of real property, stating
the. amount loaned on property in eacn
state and county.
Third Tbe moneys loaned by the com
pany to any person (except to answer upon
the security of real property above men
tlonedl. the actual borrowers, maturity and
rat of Interest, I he securities held there
for and the same particulars with refer
ence to any loans made or aiscnargea since
tho last annual statement.
A to Holding.
Fourth All other property owned by the
company (Including all securities), whether
or not recognizee ny tne law as proper in
vestments, the dates of acquisition, from
whom acquired, the actual cost, the value
at which the same are carried on the
books, tho market value, the Interest or
dividends received thereon and also the
movements or securities ano properly
other than real estate acquired and dis
posed of during the year, setting forth all
such property purchased or sold during the
v.i f with the names of purchasers and
sellers, the price paid, the Income re
ceived and outlays made In connection.
Fifth A statement of all commissions
paid to anv persons In connection with
loans or purchase or sales of any prop
erty giving the dates of payments and the
names of payees.
Sixth A statement of all payments for
lee-al expenses, giving dates and names
and address or tne ayee.
s.nniii a tatement of all moneys ex
pended in .connection with matters of legis
lation giving tne aaies. legisianvo mroouio
or proceeding In connection with the pay
ment was made, the Interest of the com
pany therein, amounts of payments and
the names ana aoaresses vi mr i")"".
t-iixhih A statement of the officers and
directors of the company, tha proceedings
at the last annual election, giving the
names of candidates and the number of
votes cast for eacn ana wnemer in per
son, by proxy or by mail.
Salaries to Be Pmblte.
Ninth A statement of all the compensa
tion and emoluments received by any of
tieer or director of the company or by any
person whose compensation Is more than
x&.ouu a year, with a statement of the time
and the authority by which the same , was
hxed. . t .
Tenth A statement of tne largest Dai-
ance carried in each bank or trust com
tmnv riiirino- eaeh month of th year.
k-.invonih All death claJma resisted or
compromised during tne year, wun particu
lars as to sums insureu, sums iiaiu nu
reasons assigned for rebating or comprom
ising the same in each case.
Twelfth A complete statement of the
nmttt, nnd losses on the business trans-
etd durina- the vear and the sources of
such gains or losses and a statement show
ing separately tne margins upon ii ruiiuiu"
for the first year oi insurance.
Thirteenth A statement separately show
tho nninunt of the Brains of the coui'
pany for the year attributable to pollclos
written after Uecember 31, 19o4.
Fourteenth A statement showing the
rates of annual dividends declared during
the year for all plans of Insurance and all
durations and for ages at entry !, Jb.
and 55, and the price metnoas wnicii suc.ii
dividends have been calculated.
Fifteenth A statement showing the rales
of dividends declared on deferred dividend
policies completing their dividend periods
for all plans of insurance and the precise
method by which such dividends hav been
calculated. . .
riixteenth A statement showing any and
all amounts set apart or provlslonaJly as-
I noI eMlelllated Or hold BWaltlllg
apportionment on policies wnu uvium
periods longer man one c.i -
I...,, run.... anil all durations and for all
ages of entry as aforesaid, together with
a precise statement of the methods of cal
culation by which the same have been
provisionally or otherwise determined.
Seventeenth A statement of any and all
reserve or surplus funds held by the com
panies for whut purpose they are claimed
respectively io ue iieiu.
Penalties gasceated.
The violation of any of the provisions
of the law should be made a niisuemeanor.
The provisions or the penal cooe as to ine
...,.....,.,.1.1.-1 i,r i.m.vr, and emoloyes of
ouuiallons should be amended to make
clearer provisions for cases of false en
tries in oooks and occouuis anu ine unn
ai.m from the reDort of any matter re
quired by law to be stated.
Apart iroin wnat nas Jieu umi
gesied. the committee is not prepared lo
make recommendations wllh reference to
Industrial Insurance further than to say
that the aubject ia one deserving uf spe
cial Investigation. The most serious evils
which have been disclosed by tills Inquiry,
to wit: The excessive premiums, the euoi
mous lapsed rate and tne hardsnlpa of the
agents, seem to be Inherent in tno system.
It is insisted that the present nietnod is
the most economical that has yet been
proved io be adequal to the exlgenclo of
the business. The alternative seems to be
presented either of prohibiting altogether
Industrial Insurance by private corpora
hm... ..r of ir inir its continuance sub
stantially on the present basis, subject to
hone regulations dcslgnea to ,r Ti
noiiilcai aitminiMiraiiou applet"" .
companies alike.
The committee takea up the state tnsur-
sues departrusut and reoouuasuds tUavt fur
ther powers be conferred on the Insurance
department, and then says:
Most of the evils which liae been dis
closed by the Investigation would have been
Impossible had there lieen a vigorous pei
fnrmance of the dutle nlrcadv laid on the
department, a vigilant atehfulness In the
Interest of policy holders and a courageous
exercise of the powers which the statute
confers.
Drastic las la Proposed.
One of the most Important of the laws
regulating mutual companies and recom
mended by the Insurance committee looks
to the giving of policyholders an oppor
tunity lo elect entirely new boards of
directors as soon as the provisions of such
a law can be made applicable. To that end
the committee recommends a special ac;
i providing for the expiration of the terms
of. offices of existing directors of sucn
companies on the 15th day of Nov'enibe.
next, and that the annual meetings, which
would otherwise be held at the earliest
date, should lie postponed to that time.
In this way it would be possible for lists
of policyholders to be filed under th
statute, for nominations to be made and
for the policyholders to cast their votes
In person, by proxy or by mall as they
may desire.
All existing proxies should be declared
void so that no proxies should be' voted
at such election other than those which
are given under the statute within two
months prior thereto. The first election
should be under the supervision of the
superintendent of Insurance, who should be
directed to appoint Inspectors of election
and se that It Is conducted according to
law. The new boards of directors should
divide themselves Into two classes, so that
thereafter one-half of the board may b
elected annually and errors In management
promptly corrected. As the annual election
In one of these companies would otherwise
take place in April it Is important that
tills special act should be passed im
mediately.
The Btrana-eat Thing
that could happen would be a case of con
stlpntlnn that Dr. King's New Life Pills
wouldn't cure. Qua ran teed. 25c. For sal
by Sherman & Mc.Connell Drug Co.
HYMENEAL
Bartley-Whlpple.
Ned T. Bartley of the hardware firm of
Hopper Bartley, Cheyenne, and Miss
Ksther Mabel Whipple, daughter of Mr.
Irene Whipple of 815 North Thirtieth, were
married Tuesday evening st the Whipple
residence by Rev. T. J. Mackay. rector of
All 8aints' Episcopal church. The wedding
was a quiet home affair. After a short
wedding trip In the west Mr. and Mrs. Bart
ley will be at home at Cheyenne. The bride
was bookkeeper at the office of Charles i.,
Williamson for several years,
IreeTra-Adana,
George Sreeves and Miss Dorothy Adams
were msrrled Wednesday at 8 o'clock p. m.
at the home of the bride's sister, Mrs. Seth
Orover. 2715 South Twenty-first street, by
Rev. W. H. Reynolds of the Castellar
street Presbyterian church. Many guests
were present and a wedding supper was
served. The .newly married couple will
reside at 8437 South Twentieth avenue.
Dlarkmas-Honortb.
WOODBINE. Ia., Feb. 22.-(Speclal.)
The marriage of Frank M. Blarkman snd
Florence May Iloworth occurred here last
night st the horn of the bride's father,
Edward Iloworth. Rev. C. P. Wlmberly
of the Methodist Episcopal church offici
ated. About eighty guests attended. The
young couple will reside near Woodbine.
PoasleyGlbson.
WOODBINE. Ia.. Feb. 22. (Fpeclal.)-
Thls evening at 8 o'clock occurred th wed
ding of Charles W. Pugsley and Lillian
Florence Gibson at the horn of the bride's
mother. Rev. A, D. Finch of Harvard,
Neb.,1 officiated. Both contracting parties
are well known young people of Woodbine.
Dancers that Threaten tho Child'
Life.
(From the Chicago Tribune.)
'Health Commissioner Reynolds of Chi
cago, In his latest bulletins of the depart?
ment, says that th worst danger to which
the children ot Chicago are now exposed
Is the neglected cold."
It would be unwise for the health com
missioner of a city to recommend any rem
edy for a cold; but should he do so. Cham
berlain's Cough Remedy would certainly
head the list as the most efficacious for
colds, croup and whooping cough In chil
dren, as a remedy that can always be de
pended upon to effect a speedy cur and
that Is pleasant and safe to take. This
remedy contains no opium or other harmful
drug and may be given as confidently to a
baby as to an adult. Its great worth and
merit In the treatment of these diseases has
been attested by many thousands of moth
ers.
DAKOTA EDITORS 1 COXVEXTIO
First Day Devoted to Reading- of
Papera and Social Features.
MITCHELL 8. D.. Feb. 22. Special Tel
egram.) Seventy-five editors, some of
whom are accompanied by their wives.
came to Mitchell today, for the midwinter
meeting of the South Dakota Press asso
ciation. The afternoon session was held
In the rooms of the Mitchell club and the
time was spent In listening to President
Wentsy's address and the reading of a
paper on giving prises for subscriptions oy
Editor McDaniels of Flandreau.
Considerable discussion arose over the
question of advertising rate, one that Is
perennial with tha association but ' which
Is never settled.
The business of the association will he
transacted tomorrow, prominent among
which will be the election of ofllcers. There
are four candidates for the presidency of
the association, Levi Walt of Armour, C.
F. Hackett of Parker, Editor Grtsman of
Red field and Emmet Dowell of Artesian.
Dowell and Walt are strong favorites and
their friends are pushing their candidacy
hard.
Thia evening the editors were enter
tained with a concert given by local talent
Nine connecting offices
on the fifth floor
These offices are particularly suitable for anyone wishing a suite of several connect
ing rooms. They will be rented only in suites of three or more rooms. There is one
large southeast corner room with a vault, two splendid rooms facing Farnam street
and the other smaller rooms facing Seventeenth street on the fifth floor of
THE BEE BUILDING
Tha ar th office bow occupied by th Updlk Qrala Os.. who will mow to th first floor as I
oon ss th business offlc of Th Be la transferred to th cornar room on th ground flooaV'
It Is very seldom that an opportunity occurs to accom
modate tenants needing large space and handsome offices. '
Th sarvlo In Th
building. All night
water and adaquat
a. w.
BAKER, Bnpt
U. 410 Be Bldg.
and an address by Dr. Thomas Nicholson
of Dakota TVesleyan. who spoke on tho
question "Power-and Mission of th Press"
With a buffet luncheon and dancing party
in the city hall tomorrow evening the
editors will adjourn.
lllaeonrteay of Letter Carrier,
Postofllce Inspeetnr J. D. Sinclair was
called to Beatrice during the week to In-
DOCTORS for WIE?4
THE MEN'S TRUE SPECIALISTS
When you are first aware of any prlvat disease, weakness or drain anon
rour vitality, then It Is that you should deolde an Important question, on that
means muoh to your future health and happiness. If you procure th proper
medical advloe without delay you will aecur to yourself that health, auoca
and enjoyment of Uf which Is rery man' lot who bright and steady yea,
clear and healthy akin, actlv brain, congenial makeup and physloal development
how that no contaminating Influence or private disease are devastating his sys
tem. Thst no mental, moral or physloal weaknesses ar depleting his man
hood, that no secret drains upon his vitality ar robbing him of his aubatano
and making hi life a miserable failure.
Otherwise, If you delay to long or experiment with uncertain and daiujrsroua
treatment or allow yourself to be deceived try misleading statementa or Incom
petent doctors or specialists, then you will b one of th msnv unfortunate
who have long regretted that they held their first little ailment too cheaply; who,
after years of suffering and dosing with cheap preparations, free treatments
snd quick-cure fallacies, come to th specialists of the State Medical Institute
to be cured. They fully realise the great mistake thst thev hav mad In not
consulting thes great specialists flrst. Will you make the same mistake or
will you get th best first? Dp not b satisfied until you have been examined
by the best specialists in the count ry. Tou may b sent away happy with
out any treatment, but advice that will not onl save you much time snd money,
but will av you mental dlsgface. If your condition requires treatment, you
will be treated honestly and skillfully snd be restored to perfect halth ta
the shortest poeslbl time and at th least possible expense.
We cure safely and thoroughly
Stricture, Varicocele, Emlrsions, N err o-Sexual Debility, Tmpotnncy,
Blood Poison (Syphilis), Rectal, Kidney and Vrlnary Disease
and all diseases and weaknesses of men due to Inheritance, evil habits, ac
cesses, self- bus or th result of specifto or private diseases.
We make no misleading statementa, deceptive or unbusinesslike
propositions to the afflicted, neither do we promise to cure them la a
few days', nor offer cheap, wort tile treatment in order to secure their
patronage. Honest doctors of recognized ability do not resort to such
methods. We guarantee a perfect, safe and lasting cure in the quickest
possible time, without leaving Injurious after-effects in the system, and
at the lowest cost possible for honest, skillful and successful treatment.
FREE
Consultation If you cannot oall writ for svmptom blank,
snd examination Office. Hour a. m. to I p. m. Sundays. 10 to 1 only-
STATE MEDICAL INSTITUTE
1808 Farnam St., Between 18th and 14th St., OMAHA, NEB.
Special Homeseekers' Rates: on March eth
and 20th the Bullngton makes very low excursion rates to the
Big Horn Basin, the North Platte Valley and Eastern Colorado.
Keep Ahead of the Movement: The Govern
ment work is under full headway towards putting water on two
hundred thousand acres of land adjacent to the Burlington , road. .
at an average cost of $25.00 an acre. It Is possible today to
secure homestead lands along these great ditches, in advance of
the water. You can also buy from private concerns very fine
irrigated lands, under a full and permanent water supply, at
prices ranging from $25.00 to $40.00 an acre. The history of
western irrigated lands show that their value has increased over
one hundred per cent in the past few years. There are areas of
irrigated lands in the west that cannot be bought today for $300.00
an acre.
It Will pay yOU to get interested In irrigated lands, and
to get in touch with the land agents In the North Platte Valley,
the Big Horn Basin, the Billings, Montana, district, or Eastern
Colorado. If you will write me for irrigation literature descrip
tive of any of these localities, I will mall It to you free, together
with a list of land agents.
L. W. WAKELEY,
General Passenger Agent,
O.MAJIA. NEB.
We Cure
Men for
PR. SEARLES & HEARLES,
Baa Building Is lust a llttl bttr t least than In aay other
and all day Sunday elevator rvtc ateam heat electric light
janitor servle all Included la .th rntl prlc. Apply to
I vestigste the alleged discnurtrsv of a lt-
ter rsrrlrr by the name of White to a
Hestrlce woman on his route The esse is
to be given further Investigation and should
the facts warrant a dismissal of the car
rier will result The rules of the l'ostofl';ce
department ai-e very rlKid on this quetlon
and a summary dismissal of the offending
carrier Invariably follows the infraction of
the rule In the slightest degree.
Bee Want AOs Are Business Boosters.
Irrigated Lands
A Sure Thing!
WEAK, NERVOUS MEN
from excesses or victims to Nervous Debility or ex
haustion. Wasting Weakness, with early denlln in
young and middle-aged; lack of vim, vigor and
strength, with organs Impaired and weak. Our
treatment will correct all of these evils and restore
you to what nature intended, a hale, healthy,
happy man. with all powers vigorous snd perfect.
IflDIPfiPri T cured perfectly and permanently
IAIllUIl.l.a. for life by one treatment. No cut
ting, no pain, no danger,, no detention from work.
No other treatment will C'UHK as quick.
Rl finn PflKftM cured quicker than at Hot
BLUUU rUIOUll springs. At one every trace of
the disease disappears, no sores come on body
(sores in mouth, throat, tongue, hair falling out
stop at once).
We also cure all contagious or acquired disease
Hydrocele, Prostatic, Catarrh of Bladder, Kidney,
all chronic diseases of men and women,
rprp examination and consultation. Write for
iriLL, Symptom Blank. IS year In Omaha.
14th and Itouglaa Street, Omaha, Nebraska.
a BOSK WATER, HeCy,
R. 100 Bee Bldg.