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Show (I LIFE INSURANCE MAN BE- HL GINS NEW YEAR WITH f PESSIMISTIC PREDICTIONS 11 M0TA ,yt&MrtCbMX 111 NEW YORK, Jan. 4. President i - Darwin P Kingsley of tho New York f Life Insurance company starts his new year with pessimistic predictions as to business prospects in 1911. In -i romarking that he regardB the outlook out-look as hardly conductive to cheer- ' t. fulness he says: "If I wore to name a controlling causo I should charge it to the fact that the government funl-' funl-' tions have not been well or wisely performed. Business, vigorously and efficiently carried on, expanded be-i be-i yond the comprehension of the aver- l age legislator and ot many points be- jond tho range of clear legal interpretation. inter-pretation. Business then committed seme of tho grave errors that human beings under such conditions have always al-ways committed. Broadly speaking, it was honestly conducted and represented repre-sented unpresedented efficiency. Re- forms were necessary, but certainly cot so necessary In the conduct of bus-i, bus-i, iuess as in the efficiency of the super-" super-" ising authorities. Reform, however, tcok just the opposito course. It attacked at-tacked business bitterly and attempted attempt-ed to correct Its own remissness In B a half hearted way. Put these men K in stripes was the attitude of the B government toward the leaders of K many of tho greatest industrial en- B terprises of tho day." |