File:Arena magazine - Volume 35 (1906) (14764318302).jpg

Identifier: ArenaMagazine-Volume35 (find matches)
Title: Arena magazine - Volume 35
Year: 1906 (1900s)
Authors: B.O. Flower (ed.)
Subjects: progressivism -- United States liberalism reformism social reform Christian Socialism Gay 90s political commentary Benjamin Orange Flower Progressive Era social gospel
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tween its members. And again, in answer to the question: Is it true, as reported in banking circles,that the investigating committee, underpressure, was persuaded to withdrawrequisitions made by it for informationbearing upon the actions of members ofthe companys finance committee ? Mr.Peabody is reported as replying in thesewords: That is not true. I do not knowwhence such reports emanate, but I doknow that every request for informationmade by the Truesdale committee hasbeen promptly complied with. Certainlyneither members of the Board nor I havethe slightest disposition to limit the scopeof the committees inquiries in any way,but, on the contrary, it is our desire tocooperate with it fully. If the members of the committee to-day will make any request for informa-tion bearing upon members of the financecommittee, or any other individuals, orhaving to do with any department of theMutual or any phase whatever of its bus-iness, I will see to it that the organizations Digitized by Google
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• •raw. vj ruro;. uw-w.< ALBERT BRANDT The Aiwna Digitized by Google Digitized by Google Criminal Wealth versus Common Honesty. 465 resources are exhausted, if necessary, tocomply promptly with any such request. The New York Herald, it should beobserved, has generally been favorableto Mr. Peabody and the Standard Oilfaction in the Mutual controversy. In-deed, its articles on the insurance issues,written by its Wall-street bureau arecommonly reported to be shaped in Mr.Harrimans office before being published.There is, therefore, no reason to questionthe accuracy of this journals report ofMr. Peabodys words. Yet it is difficultto conceive as possible such ignorance offriction existing in the committee, whicheveryone but the president of the Mutualseems to have been perfectly cognizantof and which had long been the subjectof newspaper reports and editorial com-ment no less than of general discussionsin Wall street and among the bankinginterests; and quite as difficult is it toreco

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