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Show 1 PUBLIC SERVICE OF CHARLES E. HUGHES; . . I MS RECORD ONSUHUE QUESTION I The second chapter Is like unto the first. The big life insurance com- fm ' panies are located In New York. Until Hughes came along the manner of S ; conducting their business was not essentially different from that of H ? corporations or associations. They, like the gas monopoly, had S3 fallen into the hands of a few men who not only failed to perform their sacred trust, but they resorted to the same dishonest business methods as other companies. i It They were supposed to stand be- tween the widows and orphans of their policy holders and misery and want. Yet the few who controlled I them were investing the funds which they had in their keeping in all sorts I of risky ventures and were using large amounts for corruption pur-i pur-i poses, to avoid exposure. :J Hints as to what was going on i reached the Legislature. A commit-U commit-U tee, known as the Armstrong commit-i commit-i tee, was appointed to investigate the Life Insurance Companies. There was no need to seek the man who should conduct the Investigation. As a result of his success against the gas monop-' monop-' oly, his name was on the. Hps of all as the only man for the place. Again he showed the manner of man he is. He let no fact bearing on the ' subject escape him. He was master J of them all. He spared neither friend nor foes in his searching inquiry. He t: laid bare all the crookedness of those ' high in the financial world, who had betrayed their sacred trust. He ; showed how they had made merry with other people's money. I They tried to divert him from his I task by nominating him for Mayor I of New York City. He waived the nomination aside and insisted on com-pleting com-pleting his work. Ho drew the laws which the facts disclosed werefproper to remedy the vile; ; they were backed by his array of statistics and figures and deductions; the people demanded their enactment; they became laws. They stood the test of the court because be-cause Hughes was there with his facts and his logic. Those same laws were passed by the other states and you who carry life insurance now reap the benefit of the constructive statesmanship statesman-ship of Charles E. Hughes every time you pay a premium. He again proved himself a man who does not determine on a line of action ac-tion until after full and fair investigation, investi-gation, but once the line of action is determined upon, he will not be diverted divert-ed from it. He again demonstrated that if the facts are properly presented and warrant it, the Legislature will enact the laws the people want and th& Courts will uphold them. Is he not the man you want for President? FOLLOW HIM INT THIS SERIES TO THE GOVERNOR'S CHAIR, TO THE SUPREME COURT, THENCE TO THE PDESIDENCY. |
