New-York tribune., 1868-07-03
IbBscunoemeHHt I
LIFE INSURANCE STATISTICS,

here for other State. in the public document
sonos sasss q As S Life
sSrsr s4 the % s"f" ysaS saS h S ws.ss1" s
ha business with which eien sho Ss ,as Vision 70 % se %
be uy acquainted scheme Of life insurance Is intended % en-
% s Of 1,Ns s sSGs s the
dvaaee and protection mObhg the surplus earning, S m ,p
ore Of eap IN the highest interests Of human seey
mated by he relative progress among them
II @ impulse pure and simple @ sS SsSs sSs sSS Se beyond
lives the objects Of their affections The system bs on
Of applications u secures adoNlnens aho an
nus for The living protects creditors and promotes oeBoVsene gen
FROM Mr. Baes report we the financial force Of this great
interest This STATE represented B BY % 81 % PAN "sS' as oe r
1855 policies insang the immense aggregate 81 90 sez "a b
their premium income in 1907 amounted 81. % S ' an" 'e '''
Dug 1857 companies from other States represented ~
fe'' Go & @ .scs scs Of rs Cs%T ' stsie eo"pu
Amount insured by l9l ia policies. St9oC 4S "A
Preininm income Estgae saS aa
Mr. Barnes oSsIs. upon these e1fes ibs, the a's
which years less than two bourgd nho9 has ns1
@ loIaS with gross assets in hand exceeding hundred and
twenty Aud st the work on with nDdasGHE step
'D Il manifest that This great n, need. wattb& state snpe
ION and satisfactory ind that Mr. Barnes who has held the once
o. lnur.nee m s & % @ Of III, mUorapt position
y rla 70 1S e Urnee Department N s. slate
oou New Yok companies in every branch Insurance ha %
has possible code 'glanty .9iaered
by carry nsoyen insurance COMPANY 10 s se
nor 20 permit one 10 be any other State One
Of this hgd surveillance IN Nevlok that he o' @
parm,nt here order that they might OBTAIN " et1eA @
No sensible were The managers Of companies Of the value Of
administration Of his high trust that they united aS se
Superintendent! They took similar action dqas Gov Ss1SG5
nomination from he ranks ns .p S PonI s & g' ounas S the a
ohe Is "a no sense one % bn SnuSteIeI tbus FAR free
I'm he g1s.et report Mr. Barnes suggests many Improvements the
practice aud dsses WITH great miurness 9t eon
I opnrely how the stockholders Offices denye large
profits OF the business 10 return for the capital they no
any requisite for tbe seeg The ponc
Ia order show the relative menis Of The several IN "a s
gard Barnes gv,s uene summary Of the charter ana o a" ar
engagements OF all ana minute ~ 1 ~ Wv s he
70 siocAhohiers Also .h thr view OF us's n' , 80
percentage realized and unre'Ie and Observes
Nh doute as,onish many themselves the small
percentage aecamons when .caa convertible into
money e rgalte9der eanehe Of ihe United s'1,es and
realize outstanding unconeced assets and to place the m The
corporate name Premium credits sbOd gradually be dmI
policy bos burens hgbiened by annual dividends payable
poa he table gwen showing realized and unrered assets ap
pear, aer consist Of Premium notes ahd loans du pre-
NUNS unpaid premiums 6onmnied eooGos ana PSS ,, ~
n, tle ultimate liabilities assumed hy be companies these onn9
g mainly available Yet seems aheI bsuoa' PIooeu
paid expected to be PAID bot TO be se eeegt so Tar
ie NAY be assumed honeyer mat WIN tIe
yt % % % LayS and 4 r @ oSee. IL has grosn 70 be
extent many Of the oce, based 90
cash of the premium IN notes at shot dates pay
add induce. e Of that woad not otherwise be
- I r,. to zee As IN as practicable represented
capabr OF ntO money the sander currency Of the
TIE s exhibiting this Illustration shows New York state
ie ssSe. down sSo per cent as OF the
trbhe empa9' the Mut, LIE Of New York and the Equitable
TIE al cash premium companies have necessarily the advantage
Trscag companies Of this state sbe order of their in
coy 5I hr Baas remarks Of the foremost largest
compaa, Of The aoaa the Mutual L q '5 IS' no
he substantial Of modem NJ, Insurance IN .hs eoaa
was Incorporated 1872 by SPECIAL act q the Leg stature before me
adoption Consultation Of 1870 which presented general acts '
Ha,as con- pared the initiative Of the Mutual Life this
eounty that of the Equitable in tns.aod VI bsntS eI1g
regular order 20 the Equitable Li Assurance society Of he Oi
Ti, corporation can be said distinguish the
Of the esH, astounding po;s ss eploe. @ % Le
A. time q = osaa'.SD - ~ Sa ~ LIE N. ssd T adnn
~, Sswiori 90 United states ~ Manhattan, l5) kniessrbocls
O the Mutual aud issuing policies eIeeg
rumer thousand per nHgn be act oIsg s' .SsSe
20 sst uuu the uceeedng Jaaaa Sin years hal
Incorporation Of e and health companies aud n relation to
T .a nalaSs % ss ] lad been nsocoaisJ very
500 Tts EISSss company organized auder this act and
Aeai' Of others have oorrs ts eianI't ,,.a
dollar npon Stockholders receive only lcsA interest Of seven
p.r ssnt PAYABLE semi annaaly."
P n1a oar osu knowledge that not alone does The
Equitable and distinguish A. an epoch me moo 90 ao.aI' %
DE United States bus that ths vigorous seton OF We
ofs mPee that advance PIoPehng oIHard we con @ PIE
ou f individual force ie to the present day and
% H. Two most advanced ohees only s-nng thousaud
poB@ year Equitable alone 1901 ssued 10 3nsnus 'he
m Of StJ20 The accumulated assets he hqaaos ISs
mouuHg $7o individually equal to iee actual .sss a 81 5e
6y. eompsne. which preceded at The time OF - organization oy
ard tts the Equitable exceeds mat o se Nh9 es
period Tbs strong edenee vigorous growth aud s0'S
example. --.--.l., L. yt.... nh.
Rnng scheme earnestly urged recently BY hhhf WHgt
aud s other kindred spirits t"r The eea"n o
Of Insurance al Washington MI Barnes very apY
B aborys ai,enp, pretended interests Of polc holders has
Washington by small minority q" me e hu
from the several States their e
mate functions Of supervision and control otrte Sub
under the mantle OF the Federal Government
and the association Of companies TO sgggate 10 We
.y and jurisdiction With the ght TO ssne Ger
6aes Authority eS state IN the Union except mat "hsh
Incorporated updoubio all companies by Their boards OF
cor, cuAres adop siock Ocs and policy holders SHOULD
anna al east examine audit aud regulate their condition ana ana
The best posUbe manner ana All or pooa ,h & oIP III
choose 10 associate Themselves together for this plrpost he pnbhc %
oucbng by all for each ndns company o
sBr system y the corporations themselves OF b tn
Auares appointees however art etuu VII nor
substitute independent goSernmeu
supervision made IN the Interests Of The Stale An' 0 INC "O '
mouNcalth. - .,. .....A a.,
oustu. Judiciary OF the House oikepeniausW W 40
vote dgnnod report Tor 'ne eon1e
alton Of Congress -,.---.--.-
We tb. study this interesting elaborate aud mporan.
port n,sg who either has ms mo insured o. es
that ought order that be may clearly nh"e'ahd s he
bearings Of this great Interest
TIE CHASE movement on the pOnuca
a,sumins proportions three months little
dreamed Of br the sh players AGoug the Democrats politicians
and there are many Conservative Republican, we'll - Democrats
who think that Chase entered the Presdtna race be vi" prove
the winner Of the stake. sbeher entered not KSor. the
Halter No 22 Broadway will sonnue to supply be gseaI puoe
viii, the superior quality and style ohats ior which be Is so famous
"THE BEST HEADs.n-WOuld 1T not be well
IN si the Heads of all the candidates to PHRESooonr
and bse chart, Of each carefully sa put them for