Show THREATENED LIFE I INSURANCE WAR i LIow Hov it is Viewed by the Salt Lake Reps Rep of the Big Companies I Wood of the New York Life Branch Says Sas i It Would b ba n a Increase the Expenses and Decrease the I Thereby Affecting of Peace or War IVar Wi Will Proba Probably ly be Determined t of the Present Expression from froni Manager Nolan of the Equia S J A Wels of the lie Mutual Says Such War Would Affect Al All 1 Since reading the Associated Ires dispatches relative to the tho trouble Lo be the tho Ness ew York Life JICe ad and the Equitable two ot of th the biggest insurance companies In the word visIons ot of wor rates and policies to b be oh ob tamed for tor n a SOl song I ha have flitted the tho minds ot of Salt Liers Lakers Time The of at the tho two com companies here and In tact fact life Insurance men getter gener nl ally tried to ot of time difficulty this morning and discouraged the tho Id Idea l that a rate war wor was VII probable or even possible But the they ro received ed 10 so many cals calls froum partIes interested who santed to leow know ni nil about It that n a little information was finally out At time the sItuation seems to be this There has bon been no cutting ot of rates rales b by any ot of the tho cOU anle so fn far farin In this field But the mal maj break breakout breakout out at nm any moment either ot of time the bIG big companies make u a move mOe In war the word will at once be passed amid the contest wi will be waged as bitterly In one feld field as another er MANAG ER WOODS Woods ot of the local branch bronch ot of the New York life was sen senat senat at his new In the corn com mercial block this morning le lie stated to the News that so tar far there ha been no change In ratel rates here le lie sin sincer cerel hoped there would not be any war for lor It would be In the nature ot of 0 a calamity should It come At thIs time nrc al In New York City lie he sOd bid to effect a settlement ot of the difficulties between lila his company anI anti HII Equitable and I o d every reason to behave the thel would be sue suc successful In an any event hour hours would probably t tell I time the story be reached tile Should nn an tl I equilibrium ot of time the insurance world orl i would not bo be dIsturbed In the least by bytho bythe the tho rumors so far and ul all would I be wel I If such n a conclusion was not nol reached no ont ond could forsee to what limits Wil ivar would reach wha The n agreement between all companIes Wl was abrogated recently through the withdrawal or of the Equit Equitable able That It left the companies free treo to such n a on oa the premiums 1 as the si w tt fit F this his the n the Now York Life Lite and only under which each was bount not to employ or undertake to employ In any agent or of the theother theother other Wil was abrogated by te the Equitable which Withdrew We ore are now at t I to engl any agent ot of the Equitable n It If WI we lan can get them The Tiie at thi this time ar are concluded Mr Woods and I nm am In ih New New these between the lel lea wi wilt bl be renewed within hourI hours wi nut Dut a quietus on the war proposition I sy say that thal war would a calamity because It would necessarily increase the and I decrease time the earnings of the companies millions upon ot of capital to the policy holders MANAGER WELLS Rulon S Wils or of the Mutual Life Lite wa was not aware ot of time the actual commence commencement ment ot of hostilitIes In Salt Lake yet but like ovary insurance man seen would hot be surprised at such an out break a at an am Lime While the blo between the New Ni Yo York k Ufe and the Equitable n a rate war might involve many other mind and thorn them In tact fact would affect every one ot of MANAGER IA ACEn NOLANS VIEW The ow taen taken nt at the local office ot of the Is that the tho situation Is serious nor alarming Manager Nolan stated that the withdrawal of Equitable from the tho t was not far tor th the purpose ot of breaking down rates but especially for the ot of correcting the evil ot of reo to bating so far as la lila company wa con concerned This WA was lt st out In leter hotter tolon to Eon Thomas B Hee heed referee In September Mr Nolan olan does not think that MY any rate war wi will follow tint Inclines to the bo be let time the situation has imas be been on g rat In reports from Now e York |