The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1870-09-27

Stdutidl uo 'hS prosperity VI WI" NP"p"S'
As the motto on its seal Eque pauperi-
bus prodest locupletibus eque y indi-
Gates, it is purely mutual, the peoples
own company, observing perfect equality
between its members, whether rich or
poor, and adapting its plans and accom-
modating its practice their sole benefit
and interest.
1.-The wide area, including the full
average upon which the science of life in
surance is based, over which its carefully
selected risks are spread, gives it an
equable and low rate of mortality, and
this compr ,hensive breadth and the ma
ture of its investments in bonds and mort
gage on real estate worth double the
amount loaned, and in United States and
State stocks make it truly national cor
poration, steadfast and indest ructible and
yet progressive and abundantly profit
able. Its policies are carefully guarded
on every hand by every practicable ex-
pedicnt against liability to forfeiture, and
It's dividends, which are always made an
nually and commences at the end Of the
first year, are so scientifically applied in
the reduction of the amount or the num-
Der of premiums as to render certain the
integrity of the assurance to its intended
finality. To this end the economy Of the
management equally contributes, and we
find that among twenty-five leading life
companies the ratio Of the Equitable as
to expenditures, exclusive of profit divi-
dends to policy-holdiers was on total cash
premium receipts from six to thirty per
cent. lower than its rivals This conclu-
sive evidence, considering the rapid
growth Of the organization, speaks elo-
quent volumes in favor of the integrity,
industry and mastery skill of its gifted
officers, who, with an equal corps Of ac-
complshod agents, have wrought the
miracle Of creating the vast, sound, and
! beneficcnt business of the society.
The language Of the spectator is -
awhile during the decade which has wit
messed such astonishing results from the
prosecution Of this business, many other
companies have manifested most C, cdita.
bic energy and ability, we know Of none
in whose transactions there has been shown
so much Of the American elements Of
pluck and enterprise as have characterize
ed those of the Equitable. The figures
already given compel this acknowledg
ment and our readers will acquit US of any
special favoritism where the figures shut
us up to the convictions we express. We
would be glad to write just such words o.
commentator respecting any other com
panies whose records will supply the ma
tcral but such records are not at hand
The present population of New Eng
Iand cannot be much less than 100000
There has been a slight falling off in tel
T years in New Hampshire, and possibly il
Vermont; but the other four States hav
gained. and Massachusetts shows gail
Of nearly lG per cent. Maine and Rhod
Island have gained rather less, and Con
nccticut rather more, than this percentag
, and the percentage of gain in New Eng
land as whole is more than ten. TIL
area Of New England is 62, l16 miles, 0
, which nearly fourth part is unnhabite
SO that the density of population in til
habitable portions is greater than almos
anywhere in the country. Massachusetts
with less than 5000 square miles, ha
more than l,425,O00 people-showing
. density to the square mile of 1873, 0
greater than that of most European cour
tries. And it is constantly increasing a
: rapid rate Within the last five year
: the gain of population in Massachusctt
has exceeded 10000 a year, or four t
: the square mile.
5 1t may be remarked that the creates
= gain Of late has not been in the larges
= city, but in some Of the smaller ones, an
in the larger towns not grown into cite
, Boston, strictly speaking, has gained les
than 10000 in ten years, less than |
per cent, while New Haven has game
twice as much in proportions Worcestc
J and Springfield nearly four times a
much Fall River five times as much
and Burlington and St. Adams, in Vel
I mont, at least six times as much TIL
| present extended limits Of Boston ha
: nearly 100000 inhabitants, or II pc
. cent. Of all the people Of the State,
f 1860; now Boston has some 254 900 BIT
= the rest of the State has gained as fas
= and the city has scarcely increased il
4 percentage Of the whole State, while
G half 4 dozen of the other cities in Mass
G chusetts have done so materially. |
4 other words, Worcester, Springfield, Fa
: River, Lawrence, Lynn and Taunton ar
4 gaining upon Boston, and so, outside {
the State, are New Haven, Hartford
g Providence, Portland, and Burlington
This is good sign, for it shows that tn
l huge cities are not growingat the expens
] of the chief local centers
In noticing the loss OF population
New Hampshire and in many of the cour
e try towns in all the States, it may be II
| marked that this is not II loss TO Ne
England as Il whole for a greater nun
l Der than have thus been drawn of hay
emigratcd to Massachusetts and Connec
icut, or into the growing regions of the
' own States. The increase of populatio
A in Springfield, Worcester Lawrenc,
4 Lynn, Boston. &c., is due very much I
= the influx of people born in New Eng
S land, as well as to the arrival of foreigI
ers. The rural parts Of New Englan,
| which were mostly settled By person
5 born in the older towns near the seashor
t are now rcpaying the obligation by sent
ing their sons and daughters by Thousand