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Show gills insMce OESTDDSKESS President of National Life Insurance Underwriters Spealls at Meeting of Local Lo-cal Insurance Men. 4 . Life insurance in all its phases, difficulties diffi-culties and obstacles met and conquered, adverse legislation 'and other topics relative to the enterprise, were discussed dis-cussed last night in the rooms of the Commercial club, by F. K, McMullen of Rochester, N. Y., president of the National Na-tional Association of Life Underwriters. McMullen was the guest of local life insurance men, and was banqueted at the. Knutsf ord earlier in the evening. In part, he said: The primary and. Indeed, the ultimate object of our association la to promote. In every legitimate war, the beat inter-eats inter-eats of life Insurance: which, in the final .analysis, mean the best interest of the State and society, because life insurance builds and elevate both. This we have sought to accomplish, first, by raising the standard of those engaged in the business; and second, by advocating real reform legislation and preventing, in so far as possible, the passage of unwise insurance in-surance laws, proposed by well-meaning but misguided legislators. ' having no knowledge of the technicalities of our most technical business. Because of some dishonesty, mismanagement misman-agement and disregard for the faithful handling of trust funds by a few Individuals, Indi-viduals, Involving a considerable waste; which, however, amounts to but a mere trifle to each policyholder, the whole business busi-ness of life insurance has been subjected to a most trying ordeal during the last two years; but, we are proud to say that during that time not a single company even faltered In the prompt payment of Its obligations and all emerged sound to the core. I do not believe there Is another an-other institution in the country that could have stood the test for thirty days. Our business is the best business in the world, because It adds more to the warp and woof of human affairs than any other known Institution. It nromotti thrift; it provides for helpless old age: it cares for the widows and orphans and thus decreases the drain on the treasury of every commonwealth for the support of its institutions for mental and physical physi-cal delinquents, recruited In the main from families left without life Insurance. The Rev. Elmer I. Goshen of the First Congregational church, and Senator W. N. Williams also made addresses, ad-dresses, the former urging cleaner methods, and the latter explaining the life insurance laws of. Utah. . |