, 1869-10-31

Ing bts ce.tifcAte Of authority to do bns,np,.
VLlch IL only given aiter the noss lroot,ianf:
nfntf q y. sniite soissnc1, md the perfect Sol
Tho nH5.oSe llfc Insurance. companies dpt-,
business tn New Yoff state al ne clcse Of lS;ss
had lt51ed their promises 10 rpy. or po!ir,ta ii
1hsnfaoce 10 the namhfr 1f 5s7,:9{ anf TIE NJ
afegate AMOUNT OF 81 ,esa Hsre these an
i've eotnpan!es the ability 10 meet tnnse pFn11:set
, 70 psy ~ tnsy WI. fali .,ne The enormous mn
4inK to the in1eress Of the prollem. TIE a.tronn.
Ger pEed1ess as tsssls and as accura:elJ the rtve
nsnM o. tne cectrai sun ~ Of tue suaa-4.
safs4f3e IN ekc so1ar tysten1, 2Dd bowertT r1rir,
tsrtsts A<rs ut ssske. and the depth and ,r.ssa
Of lhfs eporm0ua debt incurred TO posscr,ty. ~
msthepat!c.au, having tho neces4a1J dRta i.ta;s
n!n. cor patss the p1eseuk liability which II "a
laIs note OF band. tho companies rtcrs;. ::r
~ per ceas interest on their money, s1y; 0,;,3;.
N Land to-day, Would, with sAe nat fusazc rteu.
Other claims aea.nst them, snch u. ,11uI, liz;
fotfea, rnpa1d dlEidenda stock and .lepc..; c,n,.
e Ss 30 su@ nea y e: y9ia@s 2, their total ses
Hat ttG Companies we're poseesscsl, On III, 31,.
Gay Of December. 1sEs, Of slsd,ss -. D: a.si5
average rate Of fatesest received I,es rert re-
t1an tlc assumntion1 apon which thctF l:..tah te
aie esrnated, and present surplus oi Ei,,&.n:;
each one Of all the hundreds II taot;aac,l. -; ,
Ees to whom that becar!s. Is pr's.pecaye isuaH,t
seelftr, nay rest IN ~ undstulbed coutieurs =.
an. thtIK human can Inspire.
but Ct al these tafeR0ards the Ers!i,t 1,x i,
prrtcnt knoHs nothing. There Is 70 .,,rf si,,ne
shess = IN otletsl supez7!ssou 81 1e,rcs,,n s i
Lie Insurance con nantts- There !s not nlnv ,r,,,
70 compel publicity bnt she po ser Of p4L,t: u,,'
ions aws1s sfuRc1th and SLOW 10 cct upt,i :o,I.c,
p 1a, ,oe m ~ sTsfepnS fI sa1} ne company sh-
sssnsMng nabillt!er no psoT.ton 10 meet sh,,.e ID
bnties, ard no public statement OF III a;r1i,A TIC
FunlkqtN 10t 10 much = hAfHrrh
leS1 Fspn 1859 10 1s6s It's bu8sra4a va. t.a+.rtsi
q !o.1 Or fft.!e2: rum ts6 10 1869, at a k.tuf
oua1y concealed. and tho cQppanT. suhi+t.; ~ M
authority but she viii OF Ia oflcf, vent ou l,sn
~ rolfcies md mponnR upon the creiu'i1 : ci ihc
segment 70 b1 only question ur tine
That tais could nc.er have t2krn place nn.Ier
oaf or system Of Korcrn.neEtal lnspeeton Is cos.
teAtfn ~ t1H cntlrt Prt1s NJ Great Ur1t lin.
slti smother confederation ts The cp'npA,a:isc
fste ct tnfeFras on lnxestmcnt< received in Eny.
iasa sn.i AsneItcA Tae iabulsr premiums Of oue
danger of inahiltt; 10 meet socraine io..ss vii,
wia tna sans mortality. os greater hen thu raso
The amount ot It Compounded for thirty years
y io6s rcr cent iEtarrst Tho u*,al rats in Eax.
&C. e'n II. 's s:sss, ,ssfss nh i
:ssss's sgen ~ Of ~ st1'a ss@paas.
si;i.ssa.;ia Tho Set .naa.. css; '' tnts,pe af o.
taese oosepsn!es u low Tne .tf.fenet
" Ett ceht 3t.cssat upon shts snm IL t.aH 29l e.
ger ahhHm an tho sstt n1 hAfrtJ. THIS runtypffsI
AhN con pnhntlt5 Tor thffT ycals, g.ru4 tho rnof-
hIon* thM Of si,utS, S,cta0.>, nr tKothle.iA OF tur
Naute SUM Insured untict ft4te rnltc1ct.
Hers II NJ tielrcnt VI stability, xhUse eurr!a-
f!fe tosco II omEcns,I1a,e ain thu marvellous
power Of cunpoIs,,t lHts scAt which aiuar IL aas1.
c!tht u rlte tho tl,s eM,neuce u Au,sstcan CON-
paases. and Ahicn hit1* ialt to conkaon nutM tun
!esoa5eea o. The cnhtihcht Are fall1 Asstfopts'.
s.'a nsaitu naa nSeh accanlnlasea ~ IL the ohsrf
1ptaMallteh u Europe
~ siem o. tns.f. iact. ea9 tnefs 10 any reasno-
sthS aaa"k VI the sec1isJ " tlit insafanse IT, th4