A SORRY PICTURE | AdventAI

Pacific Press Publishing Company · Mountain View, Cal. · Dec 6, 1905

FromSigns of the Times, Vol. 31, No. 49.

A SORRY PICTURE.

THE report [of Mr. F. L. Cutting, Insurance Commissioner for Massachusetts] is exhaustive in its review of methods employed by big insurance officials during the past several years, to whom he alludes in some instances as "Judases," and to one company as the "Dr. Jekyll and Mr. Hyde Company," and contains a recommendation that the Legislature, at its next session, take up the matter of deferred dividends, and the relations between insurance companies and their allied trust companies, and other questions, with a view of compelling reform.

The report considers insurance in connection with "the gambling instinct of the age," and tells of the influence on the officials of insurance companies from the "dubious schemes," "schemes for getting enormously rich," with "graft by city officials, state officials, national officials, petty legislators, congressmen, United States senators, and courts subservient to the great moloch, money," that they have all seen about them, and they also saw "tainted money eagerly sought by college and pulpit."