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Show PUBLICITY ONLY WEAPON Legislation Can't Enforce Honesty, Says Committee. NEW YORK. Jan. 4 -Publicity Is the only weapon which can be used successfully success-fully to combat the "spirit of sordid commercialism which has clouded the Judgment of those who have been the custodians of large and Important trusts, causing them to depart from the wsll trodden paths of rectitude and high honor which heretofore hSATS characterized our merchants and hankers." as revealed by the recent Insurance investigation, according ac-cording to a report Mibmltted at a regular regu-lar meeting of ihe New York chamber of commerce today. Report by Committee The renort was made by Anton A. Haven, chairman of the chamber's committee com-mittee on Insurance, to which had len referred a resolution declaring that In tho opinion of the ohnmber additional legislation legisla-tion was necessary for the proper regulation regu-lation of life Insurance companies and kindred organlia t Ions This committee has concluded that no restrictive legislation legisla-tion can Insure honesty of administration administra-tion und enforce economy. |