There was a recording posted of this talk by a circuit overseer, or another talk much like it, a few months ago on this site:
http://www.jehovahs-witness.net/jw/friends/210494/1/New-Curcuit-Overseer-Brainwash-Talk-Obey-the-Slave-even-if-you-find-a-serious-Flaw-in-JW-Doctrine
Another comment:
From the first post of this subject by sir82:
"Example 2: During World War I, the WT did not promote a strong neutrality position, told Bible Students to "follow conscience" with regard to supporting war efforts. Some Bible Students knew this was wrong, and broke away. But soon after breaking away, they "faded and came to nothing." Eventually, by 1939, the organization got it right and published a series of WT articles on the importance of strict neutrality."
For the speaker to use this in his talk is simply falsehood. The neutrality issue was not the reason most of the Bible Student groups left, I am not aware of any of the early groups leaving for that reason. This is another case of the society trying to rewrite their history. There were two main reasons the leaders of the Bible Student groups left:
Rutherford took over the society and started to p-o everyone. The method he did so was, if not exactly illegal, was unethical. The four elected directors of the society were kicked out the door. They left and started their own magazines and following. PSL Johnson, an early pilgrim, but not a director, related in one of his books how he left the Bethel building one night and Rutherford locked the door and wouldn't let him back in. Hilarious.
The second thing is that Rutherford started to deviate from Russell's teaching. The biggest bone of contention was the seventh volume which was supposedly prepared from Russells notes, so 'written' by Russell. In reality it was written by Fisher and Woodworth. There was a long period from 1917 through till about the mid 30's during which Russell's teachings were changed one by one. What emerged at the end was very different and the majority of the pre-1917 group simply would not accept it.