, 1875-03-28

| provide separate accommodations for anv ctaas
Of persons who mag be obnoxious to other c1,s-
| toners or Passengers.
THE PROTECTION LIFE.
Letters from Correspondents.
nR. sHUFELpT AGAIN.
To the Editor u tte CAseduo Tribune
CHICAGO. March 27.-Tbe las: letter from this
concern plainly shows that they arc driven into
corner. They cannot ESCAPE the charges m.de
against them By telling the truth 90,
like rat in tbs boz, they turn to
bite the hand which placed them there. But as
I SAID before, this iAsue cannot ba evadedt nor
tue honesty OF this rotten corporation proven,
by putting ne on trial. They mag show me to
bn guilty Of I'll the crimes in the calendar, but
how does That prove that this Company
docs not steal the money OF ita pol
icy-hoiaers. and that it Is not .
/ fraudulent imposition on the public
do not design to bs drawn into the discussion
ct any collateral or side Issues, not oyen my
own peraonal character. tho public s:a not inter-
estad in that; 50. gentlemen OF the Pro:ection,
you may As we'll drop this subject aud condne
yourselves to the matters in question. When
| you shall hayo cleared yourselves OF tho charges:
First-Ibat you issued s, 900 fraudulent, bogus
| policies in Ohio, taxed your Innocent dupes to
| pay Tho losses under them, and permitted tho
| proceeds to 60 into the pockets Of your agents.
| Second-That you make oycr-assessments by
m1srepresenting the real number Of yonr policy
| holders, and pocket tile surplus every month.
Tn1rd-1h you make sworn statements to
| the Auditor to the effect shat you have less
| number Of policies III force than is really tho
| case, for the frauduteut purpose Of diminishing
the reserve fund which the Law compels you 70
| keep on deposit.
| Fourth-That you assessed 8,517 policy-hola-
| ers for the death OF u. ". Morgan, and 695l
members for the death Of Orvin FORSYTH both
men dying On the same day, and your policy re-
| quiring sou to make such assessment on the
polices LII force at the date OF the denth and nut
at the tina Of tha filing Of the proofs Of loss, a.
| you wrougfnlly state.
! Ftfh-That you issue to your members what
ron cali policies for 5000 each, anil ;hen claim
| to the Auditor that YOU being liable on theso
the ia.tor sum in calculating the amount of your
| resefEe fund, and TINT they ara allowed at only
! ii, ,090;
| Eirh-Tnat you levy assessments on your
claim, and place the profits to tha credit Of tho
| stockhoi3els-yide, case Of Phoabs Bothwick
] aud others, to which your attention will be
I called;
| Seuenth-Iha. when losses h=ppen. you lh-
gate and defend su1s on the polscias,-etter col
iecuug the mouey,-and pay only zhen sasisfac-
| tory deductions are made: cases OF Elancis
Craig. in which you took $500 from the debt, snd
! ]. @. 1angguth- in which $500 was deducted.
and numerous other casea of which will fur
Esgh1a-That, whether or not you havs' re-
cea3ly become more honest, yo1 did heretofore
issue o!icias without regard to the physical con-
dition OF the applicant, aud without any nedicsl
certificnte-wltness case OF Peter Burns, Who
made 40 application when On his death~5ed, and
on whose life you Issued q policy after he was
dead; cass Of Albert e. Rachele, OF Co uubus
O., who applied for and received policy for
910,0 on his own Certificate. which nov IL, OF
recently was, on flo in your Office.
NlnGt-That in 3 little over four yearn you
hava issued 20, 600 policies, and nowhere less
than 5000 il force (accordlng to your own state
ments), aad that you are lapsing policies faster
then new members come IN, and that it ID only
question Of aJear OF two, OF streak at cholera
morbue, when you WI not have left enough pol
icy-holde76 to pay 2l0 loas.
Tent. That you a1e doing this business for
the making Of money only. eod that ali your
Eratenses about ito insurance at e3ss, vhi1e you
penses Of the collection, aze fafso and gross i'm
positions On the public
Eepeuh-Th.t the present managers got hold
OF tho thing becanso it vas I" the bsgass thing
ont Of Jail TO make money out Of, and that they
are us.ns "desperats efforts to keep the thing
a1oat."
These are serious accusations, based upon
facts AID hguies taken from your omn records,
from public documents and from tho history OF
tho firm conviction that This corporation is
founded in fraud, and is practicing an iupos-
ton on the public. In this opinion I do not
stand alone. Tho Company cannot get access
20 q a do business o5 p a0g si;te nnlsss
business is carried On under any loose laws It
has beon rejected sfter repeated applications in
many States, and The opinion Of number Ct
Insurance Commissioners have born cited IN
confirmation o; that OF the writer, and for these
reasons have cautioned the public against the
CONCERN. and warned them not to put money
into it, for it is wcrse than casting it in the fire
When Mr. Hil;ard shall haye explained, iDetoad
of dodsiug thsse charges. it will ee time enough
70 discuss the character Of tho rritos. But
spprehepd that when this time arrives tue Pro-
lection will h2ve aunk into the grave OF its own
digging. It Is a dlpgrace to Chicago md the
Sine Of Illinois, and ought to be wiped out.
Mr. billiard charges ma With haT1og been the
attorney for the consp1ator who procured the
Bo:hwick policy. I can only say to Mr. a. TINT
it is moan to lie and it is meaner still TO let Your
Secretary lie for you and ahen you in'lorse It,
aud thus rc-1ie on him. The Bothwick policy
WAS sent mo bg lawyer in Ohio long after tho
cured the insurance, and had never up to this
time evon heard OF the Protection Life lnau1-
ance Company.
In answer to DIR. billiards. questions about
the State Fire Insurance Company. 2oa "le1nes
was kicked out Of Glaj. Wise'a office, etc, I
caa only say TINT, if they are reduced to this
sort of lying, their limo Of Argument must bo
utterly exhausted. Suppose they ask Mai.
Wso, aud, il not satisfied with h1a reply,
3 personal application may bo made 70 me-
vhsther Of Hilliard or Edwards. Or both, dou's
know, tha: 10 their fights With the policy-hoid-
ers Who sometimes besIega the Office, tho7 have
been kicked 80 often they can now easily tell the
differences between Fieuch calf and coWhide, Dy
the tcaI Of the boot.
GEoEus i. SuuTE1pz, JR-
PIATr Is CALLED FOB.
To tts Edi.or Of the Ch1caQa Tribune
CHICAGO, Msrcn al hAyo rohced In The
TRIBUNE tho letters Of President L. 2. billiard
and George l. 6chufeldt in regard |
to the Standing and modus operandi
OF tho Protection Life, OF Chicago. and, -
1.o. ~