Clarksville chronicle. (Clarksville, Tenn.) 186?-1872, 1870-02-26

IL nuaiiy, and AyAiLABLE a. the
NcR si!asi n IL fSsG IA ZEE
yTVwENTY.FIvE YEARS AGO, LIFE
Insurxnce, whose policies In Amer
II Of dollars. made vcry hlo~. 3rSytess,
s ~. and di.sIsss sefy @ &c,
centttc pcrson were found here and there
who, ~ as reported with wonder hys the
generally, Inc pubic copkl mo- sss how the
policies could ever be paid, and tistrust-
nuly stood aloof. But America Is dlscov-
cred, and Coiumhvs Requires no yieie defender
and the telegraphic lever clicks; Stephen
son and Fulton and Morse Heed nocertifi-
cate of good intellectual character now:
all written or spoken eulogy Of II is be-
coming more and MORE Ike n fartlhng
light held up IN, show the sun. Ten or
IMPLY I'VE year, s igsS ,sn a nsn
tho question asked VIII not tten DO whetfs-
er he len any life INSURANCE tut hos much
did he leave: and the mali VINO then neg,
thought without excuse, and charity alone
reprosch when he Is gone. IN -
many years was. doubtless partly owing 10
the idea u forfeiture. so lately ~ 1850,
any faiiurs to puy renewal premium for
SosF III wso s t ss' a II sa Sea 81 Soy
adopting the new principle OF non-ior5oit-
ure, better known as the Ten Year plan.
ny hs ssP ~ 10 tl Rs War; %sx se
wards requiring no further payment, put
on the contrary yielding She owner an In
como while hvl6k The. st5ect ef this i'm,
the most iIa poit6a,4 and popnlsr nsw ica-
ture ever Introduced, and nothipg weed be
said in Its praise farther than that every
since e sih has been Compelled to
copy It: ,.r .,,,.. ., a,..ovr "a ann,v
anything really nm prOveinent, the New
York Life has always leaned strongly to-
wards conservatism and caution. II does
not offer cheap" insurance, and does not
countenanoe any Of the recent inventions
worthless or else are only old ones called
by new names. There is nothing doubtful
about the assets Of the New y DIRK every
trustee il allowed to use its funds; no loan,
on personal security are made !; and oil In
vestmepts and transactions are In the name
corGra,P ,ns frIpr 70 each 1ntl,
with whose consent also all loans and in
vestments must be made-subject The as
sets to u most skilful and searching exam
| ination. and report to the full hoard WITH
suggestions from time to time. Nothing I,
taken for granted; all the bonds and othel
/ of whine are QctOally
and hn,,dic,, ~ this Gnm,,iitt"o monthly
as we'll MS The entries OF them checked or
the hooks Resides these various sa 10
4 g,o rds thars IL a fnaI one I'm the circum
stantiai report made by the Company AN
wnaIIv III tho insurance DeparfInent
whicH snecidcs in detail an recciuts. dis
Inrs.,,oepts iiabiiities Items or assets a No
ioaps ma rticuIais on new business done
etc. ali OF this Information being ofiiciail,
| nuhiirhed ~ -
nuring, its cnroer. tho New York ha
nassed nndIsturbcd throueh two saver,
| ro1nwarci,,i sTisSs and lie resent war
\ win thc insnranse Questions arising from
The war n denlt iiher,iIIv and fairiy' Dur
ms The fyentv-nve years-a long period, n
w. now reckon evc,its-mnny corporation
nave arisen and f,,llen- and many financin
i hnhhles have hurst. and now. especiaii,
sin,,e one OF Tho dangers OF To-day is Ia;
i Tendency 10 trv experlments and dare un
certainties in Life Insurance., the mana
gers of the New York are less than eve
5isposed TO leave the straight line o
safety- : '"'ff',r = = = 'T~--'-
IN the year 1853, the Company purchaser
the marble building. liz and IA broadwnS
forhtriy occup'u' ~s Nhc.snio 81