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Show News of the Insurance World Kingsley oa Life Insurance In his notable address lo the Trons-inlssissippl Trons-inlssissippl congress at Kansas City. President Darwin P. Kinpsloy of the Xew York T.ifo declared thai the "t:ir on business" that lias been so actively prosecuted for five or six years began in the assaults on life Insurance in 11)05. The rewards drawn by politicians in place and power as a result of that movement hud, ho arpued, animated other politicians In repeat the performance all along the line. It Is worth while to recall, also, thai life insurance withstood the assp.ult hotter tiinii any otlie.r branch of bus!- ness. Hanking lias been touched since with hands that were delicate as com- j pared with the rough-mailed list laid upon life iiisin-ancc. yet as a result a number of bankers huv'o bneu sent over the road and a number of banks have beep dosed up or wrecked by the dls-i coverlet. It Is to be noted, on the other I hand, that not a single life insurance company was found impaired In Its obligations obli-gations lo policyholders and not one official offi-cial connected with a single one of the legitimately organized and conducted companies was found guilty of any criminal crim-inal wrongdoing, une man was convicted convict-ed in New York, but tho company lie represented, the .Mutual Iteserve IJfe, hud been under suspicion a long time and had no standing as a legitimate institution. Yet the prosecutions were waged at a time when public opinion was whipped Into a fury by the united general press of the country and the way to convic-v tion was easy arid popular. Home .ofiV clal? did come out of the ordeal with impnlrcd prestige stripped of the reputed ability that had won high place for them but In the main the recognized great leadcra of life Insurance of that lime, John A. McCall. John H. liegeman and fj'eorge V. Perkins though thy were the objects of bitter attack, came out of It nil with their honor and probity and abil-Itv abil-Itv unscathed and triumphant. The condition con-dition of their companies at the time, and th continuing condition since holding and deserving the conlldencc of the whole country--is its own best proof of the integrity in-tegrity that dominated their managements. manage-ments. This is. In offcel, true of every companv, even though Homo Individuals wore left with Impaired honor. True, tliore was much extravagance shown, but thai was true not of life Insurance alone, but of every other branch of business. When we look back over what has happened hap-pened to railroads, industrial trusts and other organized lines of business since, and remember that the fury of prosecution prosecu-tion that followed life Insurance has mellowed mel-lowed Into ii soft breeze by comparison when wo rolled on this, every life insurance insur-ance man has reason to be proud of l he great Institution he has the honor to represent. Jnsuranco Field. "New Life Insurance Idea. The Fanners Life of Denver, recently granted permission by Hie Mate of Colorado Colo-rado lo open Us books for the sale of stock, sets before Itself the most ambl-tlntiti ambl-tlntiti project ever entered upon by a western life insurance company. The capital stock consists of ";j:;,rsn5 shares of the par vahui of $? The utock will be 'I j-old for 510 a share, giving a paid-up apitsl of ?.1,000,U05 and a surplus of 3 -3".t.:i35, less expense of promotion. If the company accomplishes the sale of all of Its stock it will start writing business with the largest, capital and surplus of any company in the United St at en at the time It commenced to sell Insurance The stock will be sold to farmers all ovci the country, limited to five of the most representative repre-sentative in each county ami not more than ?I000 to any one stockholder. Will Lecturo Here. Considerable interest is being manifested mani-fested In the visit of Franklin 1 1. 1 ent-worth ent-worth of Boston, TWass , secretary of the National Flro Protection association, who will lecture In Salt Lake City early next January, under the auspices of tin. Utah Association of f'rcdlt Men. His subject will be "Fire Prevention.' Insurance Notes. Harry Cunningham, insurance commissioner commis-sioner of Montana. 'has resigned and is succeeded by C- C MtCo.v, former deputy. dep-uty. "'I'ho Health and Happiness Le.igue is the name of a hi Hub Just helni, formed by the Metropolitan l.lfo 3ii.jui -ance company. The foes collected U.v th: state Insm ance department during the year J 0 1 1 totaled to-taled 5C0.'-'i:2.53. as against $54, 1'.i'iA I In lf'10 and a corresponding Increase iv looked for in !M'J. Insurance Commissioner Done is In receipt re-ceipt of an Invitation from tho president and secretary of the sjan Francisco I'ir Underwriters association to be pre.se;i at Its meeting and baiaiuct on Januui.v PJ. Former President of the National Association Asso-ciation of Life Underwriters Henry J Powell yf Louisville, ICy., through Th-Tribune Th-Tribune sends New Year's greetings t his many friends in Utah and the inler-mounlaln inler-mounlaln country. At a meeting of the officers and euiitlvp committee of tln Utah Association Associa-tion of LIfo Underwriters, held on fc'at -urday, the Hotel Utah was decided upoi-as upoi-as the place where tho seventh anuml banquet will be given and Saturday, January "7, the date of the event. |