The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-04-20
4 NEW ERA IN LIFE ASSURANCE.
4 Western Gem.


New York must look to its laurels. Or enter
prisng sister city of San Francisco threatens
tirely to throw it into the shade. Every species of
business seems there to flourish with amazing vigor
but conspicuous above all stands Life Insurance.
hopeful company OF that order named the Builders"
has lately been shut up by order Of the Official Reg
lister, in consequence of its not having assets suf
cient to pay the handsome dividend of cent on the
dollar. But no sooner is it closed than another
starts up, designated the 'Brick-fters" the pros
pectus OF which is so rich and rare that we know
not whether 1t is genuine merely burlesque
upon the manner in which such affairs are there
conducted. Temperance seems also engrafted the
movement, and cOnjoined with all, is what is termed
a Savings Bank, or "Hodmens Beneficent Associa-
tiOn."
''Ths company is established" says the prospec-
tus, 'for the phanthropic purpose of insuring the
lives of Abstemious Brcklifters, when in danger OF
being lost while engaged in the patriotic duty of
carrying up bricks to the SUBMITS Of the various lofty
edices now in course of erection in this enterpris
ing metropolis. The benefit of the scheme will also
be extended to all Tea-total Hodmen and Mortar
Carriers of unimpeachabe character for sObriety 1t
is calculated that numerous valuable lives may thus
hourly be saved the Company being in possession of
a scientific apparatus for catching and holding up
the most nebriated Navve, when he is at the top of
the ladder and in the act of falling to the ground.
The ears OF the public, however long, will thus no
more be shocked with the thrilling cry, och what
1al Shlll lately raised Une MeultdtNe BflCh
layer who lost his life while placing the cOppng-stone
TO the new edhce just completed at the corner OF
Cal and San. streets; nor shall again witness
such demoralizing scene as that presented by
a Gambling Holman Offering to bet two to one that
he couldn't dance jig on the top bar of the ladder
without tumbling down."
This enterprsing company contemplate more ex-
tensve measures. They PROPOSE the directors state,
"actng in conjunction with the venerable order of
sharps, and operating on the ineXhaustible cOmmu-
nifty OF nats,' extending their movements over
very wide range, and indicating new mode of
transactng business, which they emphatically tali-
ciZe, as thus:-
and the widespread branches OF the Spoony race
as well the never-failing community of Dupes
that the Company expect to find an ineXhaustible
run of customers; and the guiding principle in their
mode OF transacting business will be-No Deposits
Repaid, and no Bills, nor any uaua6e documents What
They are Of course, exceedingly sanguine in their
expectations, and hold out the most tempting induce
ments TO inventors-not only to residents of Cali
forna but also to those OF the United States gene
rally, and the outlying province Of New Jersey, and
indeed TO the universal globe, though we cannot
altogether commend the indefatgabe spirit with
which they purpose to enter upon business:-
"They expect TO attract most extensive flow OF
patrons at the outset by holding out to all deposors
the immediate prospect OF being enabled at once to
| The Company VIII shortly present similar induce
| ment TO every nhabtant of the Pacific Coast, and
extend il afterwards TO each man. woman, or child,
| from any quarter of the world, who will bring cash
TO its Golfers; being nieNiDy resolved TO leave no
dodge untried by which cent Is to be earned or a
dollar TO be turned"
But cannot exactly approve OF some OF the
means by which they propose to increase what may
betermed their connections, still less the highly OBJ
jectionable manner in which they propose cOTuptng
the press on the other side of the Rocky Mountains
| ''rhe Company proposes also extending its opera
tons to minor objects. Already in possession Of an
establishment which offers an Irresistible bounty to
lncendlarlsn, II VIII treat on liberal with all
Apprentices VINO desire 10 set lire their Bosses
premises; with the Brilliant Members of the Indi-
genous fress VINO aspire To intame our Beautiful
Bay with Sailors who design 10 raise connapration
on their shps, and Tailors whose fingers NAV be en-
dangered by overheatng OF the goose"
The President OF the Company promises To he a
very active man, and we cannot sufficiently admire
the acquisition they have met with in the shane nj
Porter. "John Shang Hay, Esq.," one of the Direc
tors, il s explained in note has most convenient
water-side premises, arranged so that seamen q,
other obnoxious claimants may be shpped Off at an,
hour OF the night
"The Company confidently anticipate rich anf
perennial current from DepostOrs. Where these ar,
Juveniles the President will himself seize upon thei
Books and kick the urchins from the ONCE SHOULD
they ask their money back. In the instance o
Adults with whom it might be unsafe or unwar
thus 10 tamper, Porter will be kept on the pre-
misses always ready toswear that Bills or like Valua
ble Documents have been returned; and In O
Sailors and Able-bOdied laborers who have been in
duced 10 entrust their earnings with the Company
ARRANGEMENTS will be made with John Shang Hay
ESQ., Tor ut once shipping them OIL"
.l-..- d. Z t- ~ 81 b f'- .- ..' A.. 5000