The evening world. Newspaper, March 9, 1906, Page 4

: INSURANCE LAW REFORMS AS URGED BY RYAN’S MAN ‘Equitable’s President Says Change Is Needed, but that Armstrong Bills Are Entirely Too Ri adical. Paxtl Morton, President of the Equit- Assurance Society, to-day Feport he leaves to the actuartes and experts, He says, however: “It is fair that I should say to you that I have attended a number of gonferences of actuartes and insurance tmen of Jong experience who are, I am Satisfied, earnestly devoted to profession and anxious to promote the Dest interests of the policy-holders, and ‘that it ts ther unanimous opinton that if the bills to amend the General In- surance law that you have recom- mended, commendable as they are in deed, there are indications that move- Usted of this character are already on foot. “My recommendation with reference to 0, Inivestiente is that life insurance be permitted tb retain their present investments in collateral trust onds, railroad stocks, banks and trust companies, provided that In no case shall an insurance corhpany hold over 20 per ceut. of the stock of a bank or } | trust company, As to future Investments Mr Mor- fon suggests they be allowed to include favespnents in collateral trust bonds issued by companies operating rall- roads, provided the railroad company should not have defaulted for a period of 4en years in any of its interest pay- ments. He would also permit tnvest- ments, not to exceed 5 per cent of any issue, in preferred or stocks of ‘railroad companies, provided the stocks have regularly divi- ends for five yeers at an average rate of not less than 4 per cent. per annum. As to Standard Policies. Mr. Morton advises egainst the imn- mediate adoption of*a rigid standard fonm of volley, He gureesis that after guaranteed many respects, are enacted without “certain changes, the mkterests of the in- g@urance companies and policy-holders of this State will suffer serious injury. | Wet only will the insurance companies be unable to conduct their business in @uch a manner as to produce fair re-!? turns to their policy-holders and meet the requirements of the people of the State for new insurance, but the con- Servative insurance companies of other States will be forced to discontinue business” tn this State.” cin papel areca i.e westinente of inauranoe companies. He] ia Raye Nia experience with the Equitable led him to believe that, with Lae ome date, to be fixed Jaw, no forms ‘of policies shall be used in this State which shall not have been approved by the Superintendent of Insurance. As to the recommendation of the committee that a Hmitation be upon the amount of new business, Mr. Morton surwesta that ithe restriction e #o modified an ineurance com- any may in an: Rey take enough new yusiness to m: the reduction suffered durin; pes previous Rl by terminations. In other words,.. be- leves the three large life Satanic jcompanies—the Equitable, New York and Mutual—should be free to maintain the present aggregate amount of life insurance outstanding. Mr. Morton ts opposed to the require- mem thet the contingency reserve ee large companies should be but ‘ae a4 nad- Quasifications, insurance companies lequite. Ho is in favor of of the, contin: in frivestments as heretofore, |Uance of non-participating policies by As to Investments. hie ymendation Sone an sbacrute He potats out thet the ray pneaoe nc Ly placed upon the cost comnanii if the State hold $209,286.47 pared new business He {peaks de- fn collateral trust iat bonds, railroa toot |f dividend potetes should not “be company stocks, oe which ft ts proposed 16 the hol m emphatically recommends eG ae Morton defends all a at {ife Tnmurance cy be per- nese (ho! With a few exceptions, © @ part! min a ayn fo maintains’ that then marketing of jdicate holding securities which is them within five vears, the it | fesule in serious | auhtajzed to, purchase, nolding it it to Purchasing the desired (ts, WOU be a means of Jose. le says: \securities at ‘the lowest price. “It the Legislature enacts a law com. De would debar officers and members pelling the sale of these holdings te financial coneainioes of life tnsur- would place the Mfe insurance com- lance companies from parttcipating in panies at the meroy of a tively |ttyndicates ectting Securities «to peek Small mumber of men who, acting together, could fix the price at Swhton /gompantes, \tors not officers or members of comm bees. THE WORLD: SEINE RIVER VICTIM WAS AN ENGLISH GIRL PARIS, March 9—Mr. and Mrs. Brown, of London, arrived here lest night from England and recognized the body of Ethel A. Brown, which was found recently {n the River Gelne, as thelr daughter, thus terminating the police inquiries as to the identity of the Weceased, who was erroneously sup- posed to be an American girl ————_—. PLACE FOR VON SKAL. Another Newspaper Man Gets a 85,000 Pince. George V, von Skal, managing editor of the Staats Zeitung, was to-d: ap- pointed Commissioner of Accounts, the vacancy having been made by the ap- poinkment of Joseph Huang to the Sec- retaryship of the Board of Estimate. Tho salary will be $5,000. Mayor McClelland has long been a friend of Mr. von Skal. In Novomber Inet he was offered a place on the Board of Education, but refused on Account of hia newspaper work. The Mayor wanted him for Park Com sioner in the Bronx, but some sition develoned and the matter ped, At 2 o'clock to-day he was sworn | in by the Mayor. APT: WILLIAM FREETH DEAD Skipper Came Into Port Suffering) from Fatal At ack of Asthma. Capt. William Freeth of the steamer British Empire of the Wilon line, died to-day from asthma in Myers’ Hotel, Hoboken. Capt Freeth came into uort @ few deys ago suffering from the malady. He summoned a physician and was removed to Miers’ Hotel, where his pconaeee continued to grow worse, ain was fifty-seven rs of age ‘and lived with his Yite an in Liverpool, heigl line are art i 40 to the body bac! trip of ‘he British id on the return mpire, CHINESE PRINCE HERE. Teal Tse, with Meat of Imperial Delegution, to Sail for England. Prince Taal Tse, with the rest of the Chinese imperial delegation to study social and industrial conditions, ar- rived here to-day from the West. The entire delegation ts now at the Firiti Avenue Hotel, and will aan for Europe on the Baltic on March 1 They are tO visit, PASI Buropean | countries to make the same studies as a similar commission made here some months ago. Atter 16. but would not debar direc- of financial these stocks could be marketed. In- Chinatown R Here are some persons who object ta the obliteration of Chinatown and the Peasons they give are set down in the order with which they were obtained from the vrominent aitizens of that bat-smelling quarter: "Tubby" Stewart, who has been one “CHINKY” JONES DOSNT LIKE IT AT ALL , of the mainstays of two optum dens for years and of whom a Iifelfke sketch fs here reproduced, mays: “Wot's all this here scream abbut cuttin’ Chinatown out for a park? ‘Wot's it the bizness of anybody to go puttin’ in to our bigness? We're ladies and gentlemen down here and because we don't have to work !tke a lot of dubs they're goin’ to ae out the places we uve in, Wot's the use of hustlin for years tb build up a good trade for a pipe joint and then have some butter-in ; esidents tt All All Against the Park. come ona 1 have regan wiped off the Di as perfect, 1 wen hope her husband se! ? a fy Hits, Inae “BOTTLES WILSON ARGUES AGAINST IT. slumming parties that visit Chinatown says Wen woul it jer your love for your country to have peaple go setting Job to put your neighbor! ‘out of business just when you'd worked up @ good business among the swells that come down here at night, iy we've just made another contribution to them fellows uptown that brings the rich tlokes down thia way here there talkin’ about cuttin’ tt out entirely. Say, wots the use.’ ottles Vi'llson the one-eyed Lobby- gow,” who runs errands for the Chinese us ali?) That's wot I want to know. .Ghinky" Jones "the dealer In China. mens second-hand clothes says: “Bail business thts interferin’ in peo- ples rights. “Wot right has anybody to move this there Chinatown ‘ff ‘the earth, we dont hurt nobody. Of course if these chinks want to go and shoot up one another that’s thelr business Not any one elses and T don't ace what | anybody wants to bother ‘em for." Lord & Will Place on Sale Saturday, March roth, | 500 New able \AMBERT | Crowned with Success Our Sale of Men’s Fashionable Tailored SUITS Formerly $30, $35, $40 & $46 Still at One Price Positively the last time this sea- son we shall offer these remark- Atterimry System Dlothes at such greatly reduced prices, stem © 50 FRIDAY EVENING, MARCH 9, 1906. Sole «Agent Salesrooms Betwee: | 39-41 Cortlandt 6th & 9th yi “Ley Street Stations ‘All are fine Atterbury” System Suits, many being gf medium weight that can be worn up to June, and next Fall and Winter. Atterbury System Clothes Are cut and tailored with the same precision gf style, fit and form that characterize the best custom tailoring. They are the best ready-to-wear clothes made. “cAsk the Man Who Wears Them.” Taylor Silk Waists Consisting of Finest Fap S2lk Waists with applications of Val. laces; Brussels Net Wazsts with applications of Cluny laces; {n several new and effective models to select from; 94-length fa At $7.90, Broadway and Twentieth 9t., Fifth Ave., Nineteenth St. ncy sleeves; value $10.00, lozen the “genuine hottling; NO ORDERS: pure, gallot %- ‘eniion 1-10) ful! BGG Auare "bottle XOLLED “ROABT, fat or pound, 120. LEGs’ OF CANA- The SS HENRY SIEGEL. Pres =|Eggs at 17c Dozen 36,000 Strictly Fresh Laid Eggs, dozen, BUTTER—5,000 founds Fresh Creamery Butter, 1 pound Prints, WILSON WHISKEY: distiliery Umit one bot Dottie aturday, STERSHIRE ‘Lea & Perrins’ HES 1ONB 9 or RHU- $1.00 = HOL- excellent “796 NE CALIFORNIA GRAPE CLARET, a b maker, ont: 1 and colds, LONG, Gomprech, extra choice ry, per pound . MICHIGAN KEYS, pound 4s MUTTON, tb.. 5c | LARGr ROSTON LETTUCE I7Zc ae HEADS 8c oxen pinta, QRYSTALLZ BD ROCK for coughs day only, bott! WEAK FI8 than three pairs to a customer, & customer. Special at 6 25 Novelties Underfrice. 5c. c 50c Main Floor. Floor. Main Floor. TO-MORROW, TO-MORROW, TO-MORROW, TO-MORROW, RROW, TO-MORROW, 10A.M.to1 P.M. 10A.M,to1 P.M. LOAM OL PSE. 10A.M.to1 P.M. OA Mo PAM. | 10A.a6to1 P.M. Women’s Dry-Picked Corsets. Children’s Rouen: S |) Belt Buckles Gloves. Chickens. J | Bs, 8-00! Chambray Skittee, J | ue ant on: Odd pairs and 9,000 pounds of bone Corsets, x. Dresses. Micaenre nh (ized, beauriful broken lots com: ff | extra Choloe Dry- tra long and me Yr solld colorings 1: | styles, mostly bined tn this sale. | Picked Hens and fl | dium nigh boc: graye "ang pe Some gloves§ | Fowis, Bisewhere# | medium and 1 gore tiare ee | Semmes - you pay 18, 9 deop Step, Bo. = fects. Some side | % the larce pound. Not ne. plaited atyles, Providence man- more than 10 Sreakabies 18° lao some tar: OUR SPECIAL OUTFIT put up in Soanaay $9 inch sizes. Rot mone med: | utacturers. Not ff | large stencilied basswood box and tn- (Gamer and aged Dates Toeceh then. s qrvcustomer: || more then 1 to aff | cluding good ghitinum point 98 g ne 0. 5 Ser) | Pate rt | | [bem Gotta) EY Taafe GSE Titman wan, | [and Tither Dellows. (Bx- OBe 1 BASSWOOD glove 1 | Cc 1. | and handkerchief square, Cc 2C Cc round | mpd oval. pag 10. Main Floor. Sixth Floor. Second Floor, Second Foor. Main Floor, Sigh asi nia Shaheen Cc <—eee-eee | ‘Third Fioor. Me Men's Balbriggan tomer. fie TO-MORROW, }}|- TO-MORROW, TO-MORROW, TO-MORROW, Gitis' White. 104.M. tol P.M OAM. tot P.M. fl] LOA... t01 PAL, 10A.M,tot P.M. f) | 10.8. to1 P.M. Dresses Children’s }! Underwear. Prunes. Women's Alarm Tapetwius wack Stockings, 000 prea oe Shoes. Clocks. Clara’ Prunes, di- fdmmied” with f | Cuisren’s stock H! oterwear, ali fi] rect amgneni ff | A tot of wom-pf| fine Ntokle nga, derby rip sines; drawers | fom, Callfornta. en's Kidskin ff | Alarm = — Clocks, bed, im fast Lien ee WELLE nae too, at Shoes, military ® uaranteed Diack, with dou- Hy) sets; SOc. quual-f|| elsewhers cor the | | or Cuban heols: long ble Heels andi] % . i ual tnese ff | 201 id through. arm. Not tore, Not mors] '% Not more . | out, 21g to nh 5 than 2 to a cus %." "Not thorep | mere than one Each, than one pair to Lunch Room---Sixth teen at Daily--- Watch Main Aisle Bargain Tables. I Busy Corner STREET HENRY SIEC potore New York, TEGEL. Pres. Saturday, 10 A. M. to 1 P.M. More Extraordinary Another Series of Attractions that Ought to Pack THE 14TH STREET STORE WITH CUSTOMERS.’ NO MAIL ORDERS. To protect ourselves against the inroads of dealers, we must restrict quantities, Sales! | roaronrow, to a customer. On Sale ALL DAY, Watches. Men's solid silver Watches; new thimmod. els; plain polish or en- gine-turned cases; fitted with bitterly Oye ment; od ome 4.95 Main Pioor, On Sale ALL DAY, Gold Fi Wed Eyeglasses or Sfhectacles, Four different style Frames G-year guarantee); jes are finest white coned Pebblein; expert Opti- clan will sult all eyesights: segue value spec: (es) Cameras. ANGOO FILM, CAMERAS. ni tremely itght and compact, fits Sar Outfits and Basswood [The Following Seciah are on Sah ALL DAY Saturday | Men’s, Youths’ and Boys’ Spring Clothing Continuing the Greatest Sale in the History of the Clothing Trade. Two Big Spring Stocks of Ai seed Cliches at Less Than olesale F’rices. Saturday, no matter what weather prevails, will be a day of extraordinary interest, for this double sale offers so many very remarkable man who reads and wants a new Spring Suit, Cravenette or Lop Coat will be sure to go to THE 14TH STREET STORE. Parents of young men and boys will not miss an opportunity to buy so prot bly. Two mammoth clothing stocks—brand-new garments—at the lowest prices that were ever asked bee the actual advent of Spring. 4—Purchase of stock from the Rosenthal Clothing Company, 87 Bleecker street, makers of the celebrated “Annex Brand” Clothing for men. 2—Purchase of the stock of Loeb & Waldheimer, 737 Broadway, manufacturers of youths’ and boys’ high-grade clothing, Men’s 20.00 , j|and Cravenettes, Suits, Overcoats| . and Cravenettes, 11.00 Up to 48 Chest. amd attractive special values that ever Men’s 7.50 Stylish Suits, 4.50 All Sizes, Fine Suits. 6.50 All Styles, the M. akers’ Men's 10,00 Men’s 15.00 Suits 8.75 Very Stylish. Young Men’s 7,50) Stylish Suits, | 4.50 Boys’ 3.00 Suits, Norfolk and Three-Piece, Young Men 6.50 Boys’ 4.00 Su Sizes 7 to 16 Years, 1.59 2.35 Women’ s Neckwear. 2MBROIDERED | STOCKS, in. mite and peck] to-mor- "15 ¢ 5,00 YARDS OF NECK RUCHING, of the newest designs, Snowflake ruching; black and colors. nes a yard "wort th less nay ose, Special to-morro' ° 79! et Main Floor. coats. Lined throughout with plaited skirts, novelty cloth, full back, notch coll back cuffs. emblem on sleeves, Sizes 6 to 14, Sizes from 6 tO 14..,sceeseceecrsrcers . "s Young Men’s 10.00 Suits, Norfolk, Russian, with Extra Pants | Sailor and Double Breasted, Double Breasted, 15,00 Suits, 7.50 ‘its, Boys’ 6,00 Suits, Norfolk and || | 3.98 Pure Candy. OLD-FASHION: ASSORTED GLACE #R'ugT SQUARES, & pou! Pris. pou Bais ‘Main Floor, Misses’ and Junior Suits, Very Shecial Saturday, Jaunty new Spring models, made of various light and dark mix- tures; also plain materials, pony coat and Eton effect, also box satin; circular and Young Men's 18,00 Suits, 9.50 Boys’ 5.50 Suits, All Kinds, $8.75 1,000 Dresses for Ce Greatest Bargain in New York. These Dresses are made of a good quality Gingham; checks and small plaids, in pink, red, light and dark blue; Russian waist effects, with re- vers of Mish trimmed with four rows of wash braid, pique collar, 99 Cc full skirt; sizes 6 to 44 years, Special... 0» Second Floes, Sizes from 12 to 18 years, MISSES’ BROADCLOTH AND PANAMA SUITS, new Spring” les, pony tenet and Eton effects. a fine quality broadcloth in all the leading Spring shades, The coats are satin lined, trimmed with braid, gilt, sou- tache, &c., plaited and circular skirts; sizes from 14 to 18 years. Special for uy morrow only,. Misses’ 45-inch Goats MISSES’ 45-INCH COATS—Regular $8.98 Coats, 45 inches long, of all-wool ‘ lar; full sleeves, with A 5. 00 Sizes 14 to 18 years........ GIRLS’ SPRING REEFERS—Made of new and desirable Arenal prettily trimmed with velvet and braid; full box back; patch $2.49 value, Special... GIRLS’ SPRING COATS—Regular $6.98 spring coats; fancy mixtures; collarless models; full sleeves; turn back cue 8.75 Special at The pony suits are made * 14.75 posketas 2 made of: all. .wool 4.98. GIRLS’ CHAMBRAY DRESSES, $1.49 value, made af a co snes iy gba in rose, Suit, Buster brown blue, tan sree Several models—Rus: Bertha siete Slade: frogs Popular Walking Shirts For Women at Second instalment of Skirts—the most wonderful values in town. LOT 1.—WALKING SKIRTS, made of cheviots, broadcloths, mohairs and man. nish worsteds, in mostly all fe ; Gored medals made to sell at § a LOT 2.—WOMEN’S $5.00 WALKING SKIRTS in blue, black, light and dark gray, also many mixtures; new cluster plaited and kilted models and circular effects; light and medium meets melton peat unns, cheviots and kirt in this meh es for Saturday only at 1.94, roadcloths, ' lot special