INSURANCE: To Be Continued?

For the first time since November 1938, the biggest 26 U. S. life insurance companies—holders of 87½% of the assets of all life companies—were free last week from the job of waiting on and helping SEC in its vast insurance study for the Temporary National Economic (monopoly) Committee. As far as TNEC was concerned the study had been completed. But for the big 26 there was still a question to decide. TNEC had offered to let them present further testimony on the probity of U. S. life insurance. Should they do so? Through last week officers of the big...