| Show NO LIFE INSURANCE WAR WARThe The Committee Wi Will G Get I Together In City T morrow c C ii I Wood Agency or the 0 lbs ho New n York ork Life Somo There I I nothinG nothing ne new In the life Ufe In insurance situation which Is an Indica ton that the Intimations ot of war con end In the Associated Fres Press die patches from New York will 1 not bl be tl ful fulfilled 11 filled Time The committee will 11 meet In Now f fork York ork city t tomorrow and the belot belief now Is local locally that the compact compacts recently abrogated and which caused al nfl tho trouble wilt 1 be removed C 1 Wood the energetic agency director for Uto Utah for the tho New w York LIfe points out some iome inaccuracies In Inthe Intire tire the dispatches ond and makes some coree lons ions of printed reports He stats states that In his judGment there ther has not been from thu tho commencement an any probability of a rate war At the tho time he wa interviewed recently ho he gave gac It Ito o as that the differences would aU hours nh ho be adjusted within t The e on only thing resembling a rate war said Mr Ir Wo Wood tO today a that thal could occur would be the rebating by agents on theIr own r responsibility ot of otal al an or a portion of their commissions Even En thi this Is to law and In invalidates validates the policy Fr For these reasons as well ns as n a strict adherence to the principle involved the New ew York Life Ufe would not engage In cut cutting tin rates nor permit Its agents to do so Evl Evi Evidently den dently t what misled man many was the statement that tie the two companies par mentioned in th the dispatches would doubtless very ery ln soon renew their aJr agreements ments In reference to the employ mont ment of each others anti and the This opinion wa was ventured by b me merly merely upon the knowledge that the different companies hl had B appointed n a committee to prepare n a new agreement In conclusion that It If it It should not be renewed a rate war would rol follow ow la Is b by no means a l necessary a one Id and I should not want to be understood as advancIng an any such opinion I If In the absence of such an n agile meat ment b by the thc concluded Nr Ir there solicitors should en engage gage In the beautiful spectacle ot or OI t ting each others throats I it would 10 ito a most unfortunate unfortunate thing thine for the c cool p and policy holders a as wel as aR asfor for the foolish agents But nothing or of orthe the kind wi will |
