The Daily Worker Newspaper, April 30, 1927, Page 2

Page Two FRAUDULENT LAWS SMOKE SCREEN FOR THE “BIG RESUME OF INSURANC E EXPOSE | The DAILY WORKER herewith continues its exposure of | the “Big Four” Insurance Trust. The “Big Four’ is composed of the Metropolitan, Prudential, Life Insurance Companies. In has adduced evidence proving m tion and misuse of “mutual” fun FOUR” SWINDLE Johy Hancock and the Colonial previous articles Mr. Harrison isrepresentation, fraud, suborna- ds, There are 40,000,000 .Amer- 'SURVIVORS OF MASSACRE COMMITTED ON MEXICAN | TRAIN BY PRIEST-LED BANDITS; 187 KILLED | ‘| New York’s Families on N.Y, Coal Barges Lead ican workers paying tribute to the “Big Four.” Names promi- nent in government and financial circles have peppered the series thus far, Notably in this respect we find Charles M. Schwab, of the Bethlehem Steel Corp., Haley Fiske, president of the Metro- politan Life and outstanding labor-baiter by virtue of his mem-| bership in the National Civic Federation, Albert H. Wiggin, Joseph P. Day, New York’s sup + (Copyrighted by The DAILY WORKER, 1927). By CHARLES YALE HARRISON. | ARTICLE XVIII. Tf while reading this article some of the phrases used sound outlandish | and meaningless to the reader it should cause him no alam. He is in perfectly good company. The very | officials and legislators who origin- | ated them don’t know precisely what} they mean. Phrases like, “net premium’—“se- lect and ultimate methods”—“termin- al reserve value”—all these are verbal camoulflage employed by the “Big Four” to obscure their firaudulent ma- chinations and to create the impres- sion abroad that the life insurance | business is tinted with cabalistic and esoteric financial overtones. Philadelphia Language Stuck. A system has been built up which | even the courts’ cannot penetrate, be- | cause the Insurance Law deals in} vague and undefined phrases which | are interpreted by the Superintendent | of Insurance to suit the companies | operating under the smoke screen. | Where there is smoke there is fire. Where there is vague and misleading terminology there is swindle and fraud. | The terms t premium”—“select | and ultimate methods” and other) jumbles of nebulous phraseology are | simply excuses for Ngalizing the ter- | rific overcharging and fake “expense” | entries in the annual reports to the | er-realtor and many others. * * merely on the bond income and does not include forfeitures. Net premiums are more than three times to large to pay death losses, claims, etc., and seven times too large for the actual benefits paid. For example the “net premium” sanctioned by the New Yok State Leg- islature at age 40, whole life is $23.50 while the actual death loss cost is less than $5. No wonder an actuary receives $40,000 a year. Hide the Loot. Real profits made by the “Big Four” are fraudulently concealed, be- hind “net premiums” and expenses. The officials of the “Big Four” must have been travelling salesmen with expense accounts in their early days. No other explanation can ac- count for their expense-padding pro- ficiency. Let us take for example the list of bound for Laredo, was stopped, attacked and the wooden cars burned, Exclusive picture of arrival of survivors of looted Mexican train at Empalme, Escobedo, The train, with loss of life, Communist International 4 |Needle Trades Defense Brands “Documents” False|_ 12. 07¢ would like to know how the | workers stand in the present struggle, | he need only pay a visit to the office of the Joint Defense Committee at 41 Union Square, As the great defense bazaar draws closer, the group of workers bring- ing in bundles of dollar bills on the $100,000 Fund Roll Call, or paying money on booklets, Bazaar Honor Roll Lists, Collectlons or Donations, are supplemented by more delegates of workers from the shops, bringing |presents for the bazaar. | (Continued from Page One) | Chiang Kai-shek’s subordinates here |have announced a mass meeting for that day. | Demonstrations against Chiang’s | ruthless suppression of labor unions |may break out on a few of the num- erous national holidays, which will be | observed thruont May. | Workers’ Holidays. May Day will be observed by a Plotting for Year and Half to Get The Daily (Continued from Page One) asked Brodsky. “Absolutely not,” said the information expert. “Then | you do know something about it. Is it a spy organization?” The prosecu- | tor objected and was sustained. | Spies Show Off An interested crowd of policemen, detectives and court room attaches watched the introduction of telegrams |from Bert Miller received by Darte and Seitz who, being regular sub- | seribers, had received ‘these appeals A Miserable Life The situation amongst the ¢oal barge workers in the New York har- bor and the adjoining rivers as far |as employment is concerned is beeom- Water Front News and Views of the Biggest World Port ments of the general living conditions tor the men and their families, but would also be able to regulate the { periods of employment and slack so | that there would be no sudden crises arising at the expense of the highly | exploited workers, New Jersey Bosses Worried by Strikes |ing more and more critical each day. | |, Along the waterfront there is an} increasing string of barges, and scows existing slump in the buying of coal. This slump has already thrown over a thousand men and their families out. of work, and it is predicted by union officials that shortly, that is, within the next few months this econ- dition will not only double but also triple itself. Many Idle Barges. | All along the upper North, East jand Harlem Rivers the barges that usually are occupied in transporting the coal from the centers of ship- | ment off the freight depots in New | Jersey are lying idle. This means | that the men and their families on | these boats must starve thru the six or seven months on a miserable sus- tenance that necessitates living a hand to mouth existence. Statistics and observation on and {among these workers show that the ! great majority of them know no tied up and rendered useless by the| Home Office salaries as submitted in | COmPlete suspension of work. On May the Metropolitan Life Insurance Com- | 4th there will be another holiday to pany’s report to the legislature. I¢|Celebrate the anniversary of the stu- reads in part: | dents’ strike in 1919; on May 6th, For the Bazaar. Thirty workers of the Marcas Brothers Shop sent in a committee |for aid in warding off the attack of! other trade than’ the manipulation professional patriots on the DAILY | and steering of these barges. The WORKER. | majority of these barge captains have Haley Riske «+++ .$150,000 +++ 125,000 F. O. Ayres. Robert I. Cox.. Lee K. Frankel. J. E. Kavanaugh H. I. Potter.. Walter Stabler Leroy Lincoln .. 35,000 William J. Tully 30,000 | there. will be another suspension to | Consisting of Charles Friend, shop |commemorate China’s humiliation in| Chairman, Morris Bernstein, R. Ein- accepting the twenty-one demands | stein, and Louis Moscovitz. The com- |foreed upon her by Japan; on May | mittee brought a present for the ba- 30th, Shanghai workers will mourn |7#@T consisting of a half dozen newly the loss of students and workers shot | made beautiful ladies’ spring coats down by British soldiers in 1926. {and a half dozen children’s coats. Remove Officers, Morris Dlivin brought only a small In addition tp executing militant | Package but it contained a half dozen labor leaders and workers, Chiang pair of ladies hose and several sets | Kai-shek is removing officers in his of delicate ladies’ lingerie. This is a very abridged list of in- Superintendent of Insurance. Costs Money to Live. The “Big Four” base their prem- ium charges on a Table of Mortality predicts two deaths for every | fimeral and the excessive charge, as borne by our old friend atid pee-pul; in this case 40 million | an workers. | insurance combine charge or. premiums for protection assum- | ing that every outstanding policy will | I me a claim or a maturity while | e reports show that only 15 per/ @ of all policies now in force will | ever be paid on. Neither Ignorant Nor Innocent. Eyery actuary knows this; an ac- tuary is one who figures premium charges for an insurance company. These actuaries aré not fools. They are dishonest. The average instructor in mathema- ties in any decent university gets | about $2,500 a year—and he’s got to be good to get that much. But then he does not have to juggle figures which results in criminal insurance | rates. Tasted below are some of the sal- aries paid to the actuaries in the em- | ploy of the “Big Four”: R. V. Carpenter $21,000 J. D. Craig..... . 20,000 John K. Gore - 40,000 | James F. Little. - 16,500 | L. H. Howe. + 16,666 | Why be a bookkeeper when being an actuary pays so well? Ask Gore & Co. Too Much Premium. These companies assume that their colossal reserve will earn only 3% whereas it is a well known fact that they earn over 24%. This enormous ratio of profits is due to the losses sustained by lapsed | policyholders. In their official reports | these companies say that the interest | return is less than 6%—but this is | OEE ES RAISE YOUR VOICE AGAINST WAR ON MAY DAY Be one of the millions HANDS OFF CHINA 7 MAY DAY MEXICO NICARAGUA a 9) 192 es: 5 flated salaries. I have merely listed | those over $30,000. Scores of fat jobs | paying anywhere from ten thousand to $30,000 pepper the payroll. So nr so that the total Metropolitan Home Office salaries for 1925 amount- ed to $5,725,784.30. Clerks Underpaid. However, the reader must not Ia- |armies suspected of Nationalist sym- |pathies. The commander of the First | Division of Chiang’s army was re- | cently removed on direct orders from | Lists and Tickets. All Bazaar Honor Roll Lists must be turned in before the end of the Chiang Kai-shek. | present week so as to enable us to . |have the names published in the Detain Russians. | Special Bazaar number of “Unity.” PEKING,‘ April 29.—-Russian citi- | Bazaar tickets must be settled for by May 5th or they will be charged to person holding them. * * | | |zens arrested in the raids upon the | Soviet embassy here are still being | detained. The two prosecution witnesses dis- played these messages with consider- as proof of their stool-pigeon capaci- ties. Brodsky’s motion to dismiss the jcase was taken under advisement by | Magistrate Tolleris and will be argued today at 10 a. m. Clear Case of Conspiracy That the Military Order and the Keymen, together with the represen- tatives of some other “patriots” who | were present caned and spatted have entered into a conspiracy to railroad members of the DAILY WORKER | staff to jail and deprive the paper of its mailing privileges was plainly brought out in cross-examination altho |the two professional paid informers |shied away from the word “conspir- | acy.” : able pride evidently regarding them | | their wives and children living with | them on the barges, Miserable Conditions. At the best, existence on these barges is miserable. Due to the un- |sanitary conditions and inadequate space for living and cooking aboad them, especially the sea going |barges are dangerous. The children |on these barges rarely have even the | opportunity to get even a primary school education. All must be above | board to the profits and exploitation |of the contractors and coal com- panies. This is so true that the board ; of education no longer even takes the In Building Trades | ASBURY PARK, N. J., April 29.— Several hundred thousand dollars worth of construction work has been tied up in Asbury Park,. Bradley Beach, Neptune and Belmar sections as a result of the general strike called by building trades on Monmouth | County in sympathy with the hod-car- riers and cement mixers when the | bosses refused to concede a raise in | wages from $7 to $8 at the expiration | of their agreement. | This country is the seat of the open shoppers and manufacturers associa- |tion who are out to establish the American Plan or open shop in the building trades in this state. * * * Carpenters Ask Boost NEWARK, N. J., April 29—Repre- | Sentatives of the carpenters’ locals and | Master Builder Assn. have been nego- | tiating for the past few months on an increasé in wages for the journeymen | from $11.20 to $12 a day. The agree- } ment expires July first. Possibilities are there will be no strike and that | the bosses will concede to the demands of the union. , « «» NEWARK, N. J., April 29.—The agreement between the electricians local union of Newark and the Asso- ciation of Electrical Contractors which expires May yl will undoubtedly bring about a walkout of the 800 workers. The union men are asking for an in- crease in wages from $12 to $14 a day. The bosses stubbornly refused to grant the increase and a strike will result. | 3 Trainmen Killed. trouble to send patrol officers after CHEYENNE, Wyo., April 29.— the delinquent or hooky-playing child- Three trainmen, were killed and a | ren. fourth sustained serious injuries to- | Little Union Organization. | day when a Denver-bound Colorado These conditions would not be so| and Southern passenger train collid- | terrible if all of the workers were| ed with a light engine near Uva, 30 bor under the illusign that all Home} Besfiiés the twenty-four Chinese, Office employes are overpaid. Clerks, executed yesterday as the result of and stenographers only receiver an/ these raids four others were given average of about $15 per week and | lengthy prison sentences. very often less. But then Mother; Mme. Borodin, wife of the Russian Metropolitan serves free lunches, and | adviser to the Hankow Nationalist provides the “free” use of umbrellas! government arrested by Chang’s on wet days. Can kindness ever reach | troops, is being brought to Peking for a ee seus a ja special trial. e Prudential Life Insurance Com- | pany, another limb of the “Big Four” Packed Comat, submits this list for approval: | The twenty-four left wing leaders Edward Duffeild....$ 75,000 | “xeeuted by Chang. Tso-lin yesterday relage es | were strangled after a secret trial in Cass Gilbert... 177,000 a court packed by Chang. Louis Kamm. - 100,000 Pa aia © Joh ‘. G 40.000 Saas Ff chit eee Pointing out the militant stand that W. S. Johns: | G. W. Mun: sick the State Department has taken on Fred A. Boy the Chinese situation, twenty-eight Ed. Gray. sigh American educators and missionaries who have recently been to China have | addressed an open letter to President Coolidge urging the United States to | | act independently of the other powers jon to accept the Nationalist reap for an international investigation of $8,999,612.38 for 1925. 7 | In this face of these criminally |‘%¢ Nanking affair. wasteful bloated salaries Haley Fiske | John Dewey, well-known philos-| W. I. Hamilton. Alfred Hurrell. L. A. Wilkinson... . Total Prudential Home Office sal- aries and agency salaries came to of the Metrooplitan said: “It seems | to us that the best thought of the age | has fixed upon insurance as the sol- | vent for most of the economic ills of society.” | opher and educator, Edward A. Hume, | | president of Yale in China, Dr. Harry | Emerson Fosdick, who has lectured in | China, Paul Monroe, director of the | School of Education of Teachers’ Col- | lege, Columbia University, are among uite true, Mr, Fiske, insurance seems to have solved a lot of your economic ills. those who signed the appeal. The letter says, “It appears to us that our present policy leads step by | a | tomatically to i ion.” | RUY THE DAILY WORKER step automatically to intervention. AT THE NEWSSTANDS BUY THE DAILY WORKER AT THE NEWSSTANDS “Lectures and Forums || LABOR TEMPLE 14th Street and second Avenue THIS SUNDAY 5 P. M—The Pioneers of the Race DR. G. F. BECK. “The Seer of Modern India” —Rabindra Nath Tagore ADMISSION 25 CENTS 7:30 P. M— SPECIAL PROGRAM SPEAKERS: DR. WILL DURANT DR. G. F, BECK of American workers in demanding— HANDS OFF CHINA! Wear one of the little red | pennants, printed in gold, and induce other workers pe ad Another Reply te Sigman. Dear Sirs: The letter sent us thru your infor- mation bureau, concerning Commun- ist activities in the Jewish unions, was received by our last meeting and acted upon as it deserved. We decided to answer your! letter | immediately by sending $36.00 for the defense of the imprisoned cloakmak- ers and furriers. This is only a-de- posit on the fund being raised by our branch. As to a lecturer, please send us someone who is willing to debate the question and we will be glad to re- ceive him. If you are willing to send someone please notify us at once so that we may make the neces$ary pre- parations. (Signed.) Abe Bleckman, tary, W. C. Branch 519. Seere- Even Winnipeg Plute Paper Is Critical WINNIPEG (FP).—Under the cap- tion Civilized Cruelty, the conserva- tive Winnipeg Tribune comments ad- | versely on the handling of the Sacco- Vanzetti case by the state of Massa- chusetts. “Dissatisfaction with the conduct of the case for the prosecution has lately become widespread in the United States,” it remarks. “On questions of American law it is im- possible for outsiders to form any opinion. But the fact that the case has dragged on for six years is legi- timate ground for foreign comment.” Recover Tuition Fees From Fake School. DETROIT (FP) April 29—In Co- operation with the Detroit federation of labor many young workers are forcing the socalled Detroit school of trades to refund their tuition fees. This outfit advertises that it will teach a boy a trade in 6 weeks or re- fund the money. Fees of $90 have been paid and refunding was refused until the Detroit federation brought pressure. Plan Anti-War Meet. | Copies of the issue containing the | in the ranks of the union. Then the | Poem “America,” the wrappers in| workers would not only be able to | which they were mailed, the address|take action towards the improve- |label and the aforementioned tele- miles north of here. A misunder- standing of orders is believed to have caused the collision, |grams were introduced as direct evi- dence, | Long Record of Spying i The Military Order of the World| War, with headquarters in Washing- | ton, D. C. seems to be taking the lead’ in the frame-up against The DAILY WORKER. Darte has a long record of spying and snooping as has the whole organization. |. Early this year Darte, who also belongs to the National Flag Associa- tion, in a public statement declared that Professor Carlton J. H. Hayes | of Columbia ought to be “kicked out of the university bodily” for referring | jocosely to patriotic organizations and symbols. | Darte Denounced Jane Addams At another time Darte denounced | Jane Addams of Hull House fame and Carrie Chapman Catt, the noted suf- fragist, as “radicals.” He also charged | the National Board of the Y.M.C.A,,| the W.C.T.U. and the American Asso- | ciation of University Women with having members in the “radical, pink or intelligentsia group.” In 1924 the commander of the Buf- falo branch of the Military Order made false and libelous charges against the National Council for Pre- vention of War. : The close connection and friendly relations existing between these pro- fessional patriots and the state’s at- torney’s office was shown yesterday when “Captain” Darte openly took over the functions of the prosecutor and began to question the defendants. Attorney Brodsky’s objection to this weird procedure was sustained, how- ever. ‘The case may result in both a peni- tentiary sentence and a fine for the members of the staff in addition. to prospective federal action against the staff and the loss of mailing privi- leges. Methodist Churches ‘Are Built by Scabs, Their Pastors Declare ’ The issue is clear. In tion. The Paytriots VS. The Daily Worker George L. Darte, Adjutant General, of the Mili- tary Order of World War Veterans, Incorporated, and Charles J. Seitz, “Research” worker of the Key- men of America, declared in court today that their object in bringing The DAILY WORKER to trial, was to rescind its mailing privileges. They stated that they read the paper “religiously.” These organ- izations have taken the initiative in reporting the case to the post office authorities. open court these represen- tatives of the business interests of the city, parading under a number of doubtful titles, have proclaimed their unflinching opposition te The DAILY WORK- ER and their determination to destroy it. Shall they have their way? Shall they succeed in their nefarious plans? YOU must give the answer. The answer can be clearly given by your support of the fund which is being raised to defend The DAILY WORKER. Lawyers and legal expenses are a heavy drain upon our organiza- ich cea iar ad Unless we can meet DAILY WORKER, { 33 First Street, j New York, N. Y. j ACTUAL SIZE. d Others. ‘ i ony Despite protestations of friendship} them we will not win our ’ Pennant in red, to do the same, ALU ‘WELCOME, Ply obdemarcpact a alee Thelto organized labor by the methodist case and reaction will tri- ma Bring this to the atten- ADMISSION FRIH perlalism wil hold. @ meeting against |cuurehs many of the pe liad) sissee dollars .... cents to the gold lettering. tion of all labor organiza- | = | war on China at the Engineers Audi-| inion hk @ Wee chats dete ae sail Ruthenberg Sustaining Fund tions. This is important. torium, St. Clair and Ontario Aves. /figgr of the New York East Con- Every comrade who | for a stronger and better Do it now. Join the forces INGERSO LL FORUM |jon Tuesday, May 4 at 8 P.M. This| ference yesterday. ' DAILY WORKER and for the Soe memes ‘Se to prevent another bloody anti-religious center of N, ¥. is the second meeting that the Cleve-! “Pow pastors consider the building) Teads The DAILY WORK- | jefense of our paper. 1 will pay 10 or more ... lic slatghiter, CHAMBER MUSIC HALL, land Committee has arranged, and/trades unions in awarding contracts, ER, who believes in it, who | the same amount regularly Order a supply at once and sell them or give them away free if you can. Order from the nearest district office of the Workers (Com- munist) Party or from the National Office of the Party, 1113 West Washington Boulevard Chicago, Ill. | CARNEGIE HALL SUNDAY EVENING, 8 P. M. CHARLES A. WAGNER will speak on ‘ “Why Evolution Is Morally Necessary for Children” Questions and Speoches from floor, Admission free, All weleome promises it to be a big one. Among the speakers scheduled are Judge Florence Allen .of the Ohio State Supreme Court, Rev. Joel Hay- den, Rev, Lupton, Max Hayes, Minis- ter Zee, representing the Chinese government, Rabbi Brickner and A. F. Coyle, BUY THE DAILY WORKER AT THE‘ EWSSTANDS according to the social service depart- ment. Other pastors, echoing the de- mands of their wealthy. member, de- clared that was the right policy and jthat all houses 8f the lord should be |built by seabs. A compromise resolution giving or- ganized labor the preference, so long as there is “no infringement on the tights of unorganized labor,” w finally passed , , wants it to live and grow, must do his share. Act at once. Send in your contri- bution. Inclosed is my contribution of | every Name 2 NR RE