, 1869-10-31

Ing bls certificate OK authority 10 do bnstness.
nLlch u only xtsen aifef the most lEtasA;aats
nrotf Of ~ entire aovenc1. and The pesiec. s.at
faMh ot lta management.
Tho nit5.1se life intufance coupas!es dut:v
husintas tn New Tofk etnee At lac cicsc OF Is;s.
had i.saea .Seir Prom.st. to g. ra!: or p''.ctts ot
tteRate aHoant OF 8, 49, 6sa flare thes- a::I
dse companies the abitty 10 meet thoss pt.lh:se,
to psy = ,se! vi, fall nae TGs saorasrs+ .a
thug to The Interest Of the problem The a,trun,
ner predicts as ess'sy and ns accurately The tf"e-
ssfess e Ell s,e md no"sssa
terfsts Arre At stake. and Tie depth and hr ais
OF the issAAter that would toIlaW the Tenn,i:t.,1
Of lhis enotmoua debt incurred 70 postcrnt. re
nsthe epatc.an, having tbs neces8ary data -tn.e
him. coupatE. The present liability which 1t ta-
haiy note Of band u he enu1puuIes recr..e: ~.
~ per eent shtefsat Gu the!s money, ssas s;..7.t
Ia land to,daT. would: VIII ne MT fotsss fres,-
lo,fta. unpaid dividends, stcc1 aai tlcps.: ca,
10 Inc sun Of j14a7i4,1s619,
But tie companies were possessed, On the 31s:
day Of pecenher. 1855, Of =. .: a.~,s'
With the a1nun mortality soEe hnt less. ut.. ~.
aseraee rate Of fotesess received Les :,srr
than TIC as.unptlons opon which Iacz lsarl}l ses
iheie Is 1e a1p!n o1 ise s;,is II secui t, ~;
each one Of ai the hundreds Of taotssac,l. W t,n
Tres TO Nhom that secul1s! Is psr'specas- fniaz,
An$UEIt u ~ lE3k III ~ 2u3l3lA{REA confidence IL
ANYTHING hnfuaa can tuspfre.
But Ct all these lafeHua1ds tue ErS41. l,x II
pse1cnr knows nothing. There u TO +','t :i,a;
tte1r ~ IN oh1ctal supervision 5r trap-vsi,n u
| Lie insurance companies. There Is not9iuy. vsrl
to compel publicity hut the po ser ot putue yat,
ion, RiMsJs sluRGIh and slow 70 set uutl .:,ri.e,
hy some swccnlDg calamity. ffe company thar.
naJ 50 on for Year,. 1n,ffpE no cs:iAt- It T.. IL.
esvasinS liabilities, no pro4t.son 10 meet sno.e IL.
Albert Insurance Company went aa ia ia.4 uay il
published not 10 much a. balance sheet *lrc,.
1851 Frun 1859 to 1868 tts has.resa was ,rau4r,~i
f1.o,d eo0. apI Ill sa!s time ths facta ~efr .,ar
| anBly concealed, aad tho COMPANY, subJve: 10 10
authority hut the win ot IT. o1tefs, xehs sn .,su
pubic. when The collapse was Known 10 tic a1a,l-
Tint .n.s g e9u'! never have t.tyn place nn,es
lta.ea By Tho entire p1rss II urcas i,fisain,
BfiIl anolher consideration ls the cu1,ostat,ye
fste af Interest on Investments fecclvc,i:h fug.
1Aud and America. The tabular pFrnltnius at ottr
mutual et,fnRanics mr. hus Iitto lower than th,@-
Of tho Ensl1h co1rpanics. Il II erldent tnas Tho
with the sans mortality, ~ greater rhrn tue rats
Tss s@oaa. q !, oompoande, for shirt, year.
fsos nsf sen. l...sr.t m s:us! nv i, Eax.
r. ARasscs. /. Il o. !s'' a,t'srsaea y !,
esas upon ses e. pre,sSs ss .. Of e. ssxn
s''iess.'iS rhs Ses .nausl can ;'' isr:,us ii ii
Sis pef syt.t s:cr... apon .nia :nm 4 H. vi q
pr kf,nHft on lts tltn oi nafetJ. ThIs tuhtnn,~l
cor 's11r' Z t.r ih'st. ,s:s NY: 10 rnos
*halB sum insufrd ander s1e!r po|Ictrs.
llrru IL hu element If stability. whn,s rnnula.
i've to'rc ss couAcuau1a'n sttn tho .tarv'llnaa
power OF fHtNnuu1t ttt frxt, which NlNtau n A1l,
crht 10 alto the tts~r'.ltnunct ~ American com.
p.s'es ast ~h.c' I'D. ia!r 70 eontnoe ahsl t',s
/ sr1o1fctt nf tht cnnslbelt Aso fully tltIn'9pst
and wealth has bxcA uccnR4uIAted u Ia tho olvs
| communities u sp1oPe.
n'';s doaLs Of Tho sccurtJ Of itte tasusaucc H. thu
| coIhtrJ! VIC claim that thr bnssAeA1 VI Ut. ln
! ~usaneN Il SNsefrtd hy 'R~a US ca.is ns.eEtAiet
anu a. errtaln in sher 4cli0D. ~ sho,o Lf "as:
adhered to, cclta.h c.lculahlH rp+l!tA cs1tui fl
oi. accomplishment, MEd that TO scrati. INT IN
| Geea IN 1.r a. human rover can 60, nn,t dues i
ns4ch ~ hannan ek.tt csn 's..
That tai4 II so-thxt amid the nnceFtAtn:! Al
recllettttesa NLtch TOO ottA n caar!1cttn1 tanta
enterprises Ii Auer'cA, hefc u nr that Il sr'' ~
ard tLAt The very onc ~hlco, Of asl otncn, .Huni'
t'e Hntt secuts-ts matter toz ps"foui,'a eurRfA'
EIktfr nra other a,stincttEe features in the hus
Eess, ~ conducted atre, which contribute 10 II
coz uon In England. are rascl5 R.natte.i here; ~
this 10 NOR. whc!e.1R.c, ioaspuch a> tic !ess to:
.aMsy ~ ws.en = eoHraa3 sa,es ~. ~ .s'.'ns u
Then there nEr, comparatively, inutr than ten 'ot
al many thnrt+ttrtr, limited rat u,rnt nn,l eG.!na
mtut policies i<sued In ,nls rnubtry -act II Il
: | lrtAe1 tha; these poalci@s are, petoua 11ea'oi
i, | Gsitr for The company. ....
But re hayc Nclthcf time n0f spacc IN CIV
toms IN the ACCOUNT, which shows NJ tazxr ! hs
anco IN lnyot Of our owu life compsuirs- s:.us.,
; has been ss,'l ant shown 10 rrtHse that clu.nrr
ctt&tctftA which has Fought to draw tarai!
: where nout e1fta, and tu undermine the c.n
! t,tnce Of or people In those beto1ceu: .a-tst
J. tlona whicn, hav!1R stoOj, some Ut them. IL u
= than = score OF 1eaEr, aud growu AtrooC Anii II
:, the chances and changes OF tna. cScNtsul lime, ~
= Jet vigorous and thrifty. Whote Spreading r0-'
arc wound Into tue very core AID 1hfa bf our 4
Mess1c lie, And who're leoHtheDtnE beuTEs 45r +:
= | foof. trees Of hatl q million homeas