The Portland daily press., 1876-10-30
NEW ADVERTISEMENTS
W. D. Little, ESQ,

,sbed in tb. d. 80, -.
satisfactory roionaa, - ~ ,o.,, -.
true that Won haze ax,,,ainoS thn odrn,t;a.,. to
which tool excon,;or -
explanation fnl,v irs,isoa .on,ta 49,.
have neither den;sd No. oe,u.,o, A., ao...o,s
the statements doomed - ~ tor +o
purpose of removnr Al. nro;,a;oo o,oinst ~, DOW,
pany which vonr n'nroner ond 90 II now turns ont
erroneous advertisesn. ,vos calculated 70 create
On the contrary while admitting that on tbe 18th of
this month Won advertised the ercentionallv large
dividends Of 1870 o. noo, ,a;d ~, ro,,r oor
pany on January I. faltbonob. according IN vour
own showing. thew had in the mean time fallen off
more than % per cent? vet Won Continue 70 nsinu-
ota in q u,or ,.h..L T -. -,
that the Mutual Life maid Iaruer dividends for Lost
year than were paid nv the comnanv bovs +bo hon
or to represent.
You will on reAection sos tho ;,,,ro,,;o., 80 .,;
course. a. pointed ont that dividends v.r;ea oc-
cordng to the kind of the pocv the numbe, ot eors
in force, and the age of the insured. You sou that
you are a,oare that then yaru some,,hot on ;asrot
Kinds of policies (2) l pointed ont that for tbi,
reason it was improper and. T NAV now add nrocti-
cally impossible to arrive at correct KNOWLEDGE of
the reatiue advantages of two companies in respect
of their dividends, by making comparisons between
the sums paid on Individual policies This statement
you did not caaIienqe (33 pointed ont that tbe
true and honest way Of gaining this knowledge ia to
follow the example of Ranks and other cornorations
by comparing the earnings and dvidends with .hs
capital EMPLOYED in the business 1b;. o,, IA not
deny a. I pointed ont that accord;no 70 tha
sworn statemants of vour comnonv 90 nuh,,sho. =.
the Massachusetts Ranorts !, oorrod IN ,07E q,
666 5492i on capital fcolled "rsesr,e, Of es7 or
997 80 which it had when the vear commanooa
according to the swarm statomont ~ nv, oo,r,o,,,,
as published in the sauna Ronort. :. oo,,os 90 zoo
ia 40 ON n canitoI Of 60, o7o ON =, c.,,'
earnings with tho nromnn, ;noor,a, 80 A.. ~..~s
companies for 1871 T shouod 49,. 49,
New YORK. ri,a o,rnna - 49, =,
Mutual Life :. =" 90
Difference in favor ot INV oo,,,n, 10
y,,, 7;5 mo- .n,,JJ,rn. ~. -. r0- IoA''
,,res NOR tho re1;,b;1;t', ~ t1o 5000. o ~
nre der;red fn nointod out +hot ~, -, 80
maid nv the two comnon;o. Lost 30 .sxs.s 80
their nremiur, ;,,oonsoa e,,.~.s A "''A
Nav york Iife COO 70 r,or a Inn .~..s..'
nfut,o, I;ta GOO so 8. p''n,iu"''
Dieeronoo n 60 ~
nremiums 10y '0'npanS 40 pef siOo
w., s;J .o. ..u,,.
.,r.. 49, a. .a,;an:J:.' ~ "o~'s '"eSe Hg-
ora dsr;und ne, $780, "s 'U@1.'s ~"e"oe s"ey
lite ;noroasod re- s,,rn1,s t''" .o.A
hv oaa;nr +I,orot, AZ :. ~ plon.V ~ .o'o
the M,tna1 Iifs onnronr;atod on,, ., &c 60 enao
tb;s oh;oct +ho+ ,ha NJ, VI, a. 80 80 ~
nns .oo;,st Coll e,oo IS ao,,;.oI - ..N 49, oui
tho+ ~ Mn+naI + -, la ~. ee 90 w anu
90 tho NJ Wi, T;s, $500 o-"' mas uon
MOTT, tho,, 49, 49,, rae IS - sa.ns Ca
donhs ,ha .urnIns - l. ., ,,,.so,'. ..'le man
tion 70 nov d;v;aand.. ond .soo-s.. 49,, poSr
nr;no;,,io, A. t,.,,,oou .,a,~: " an Ano"h
advo,tora 20 .ha ;nsrrea - ~ y 'nu'n s'ea'ei
choIIenas ,hsse so,,na. 49, a. =" a'a No'
ded,,ct;ons th.rsS.o,, ''''''o !" MY
w. -. - 'ss. V.S".,
ss.ts ana oono,,,so .ese aueeu anu unoenlaoie
in,nrasa;o,, that ~. 49,, ~ pe,pe'ua'e Inc
dr,do,,as ~, 80 .1no pau .ne larger
Cows - ~ sn-' ouo ~ ,nuuoe per-
tut,ro d;ridands VI, ~ ~. -, s 'alser
,o.a -. 90 ~ -. ~ s"'ns .n"' your
p $500 - 20 ooiAo' on pohoy al Ihe
natd 49,. g. g., N -a. ;, = ~ na'e
vor;f,iro Tho oorroo,ross 80 49, ~ s"n , VI
st,oy,an+ IT. surnoa;~ a. .. ~ la .ooso
Nv .rnono o,s, - a. ~" you -
!, ro-;u, 90 ,o~s. -, " ~. w., ''o'uai luz
noi;cvo Is tha d;n;d,,sa ,,aa 49,, .-'o pa.'.0uiai
don't thot e. ,,o 49, ,,,a.r. ~ 40 ''i.
and ,ha ,,,,,r,.rt 80 IL 'Ao ""'o""s
tho ,uas+ion oe $50, a,s s.As anu 'na'
t;on for how, could no,;o,, 80, :: o ,.a1o
f,s Won stata, haoon,o e..;.1os =. 10y ,0'o'
cont ont Of Tho rros,s 80 49, ,s.1i.,s. y. - pei
this mi, ooos 70 shou Al. 80 s.ua 'osi DuU
,omnarisonS hetween +ba t;rda,,a. aJ :. aAs
nal nolcies If tbo div;dands 80 - -. -. ~
,s+ vo.r .n,oun.aI - COZ 70 s @.na ioi
miums received ond tha or,ao,a. Wv :. ple-
amounted to onlv 400 5o on zach SIM ho,u - ~
mama ot common sanso ~ ~, - - ~ ~
reference to ;ndiv;dnaI casss that - " p.oaeDs
oaid dividends mar ,bo, ,,,;oa -. 80,
maid nv m;net Tbis 10 vh, s,,, tho. -, aas..:a
Won will 900 tbe imnronr,at, 80 ~.
pursuing. ''1
rho,o ~ o... e.
especiav with REGARD to the onnl;eat;on h,on1s
which IL ia now ns,no and tho char.oto, ~ . IT,
,ssued-upon which I MIGHT raise issueo honafoio1
co mine: Init ,eavs tbess ma,ters +o ha .t,onao,
to hereafter provided vour fnture coursa mato. a.
necessary.
You have raised the 5;r;dend ;ssne Won bo1o
given it special prominence NOT univ ,bronoh tha
public press, but by sending INV Trustees vour in.
yidious comparisons &c. &c and this too after
had invariably spoken of the favorable features of
uour Co,nnauv As ,,om have ra,sad tbis issua and
have given it such aggressive publcitv claim the
right to press 1t to specifically deAnite and final
conclusion. You owe it to me. to the public and 70
YOUR own character to come ont frankly and
on this subject. therefore ask tor categorical re-.
First-Does not the percentage of dividend maid
by your Company vary with the kind of poljcy. the
number of years it has been in existence. and the
age of the insured?
Second-Isit not fact that in conseonence oftbe
variability Of the policy holders interests and anart
altogether from fraudulent favoritism the diaar-
ent methods of Distributing nrofits nract;ced nv
life panies frequently result tins: Namely that
the holder of similar policies in two companies re-
ceives the larger dividend from the one which ON an
aperaoe of all its policies pavs the smaller d;v;-
dend?
Inird-In view of the foregoing questions. which
presume that. "a an insurance man Won can onlv
answer afirmatiyely is it not fallacous and decent
i've to compare the dividends paid ON individual no
cies for the puroose of shaving the ret;va
ges of different compauies9
Fourth-Is not the TR1JF TEST Of tba relative .d-
yantaees of companies as regards dv;dends
the one have adopted. namely a comnarson Of tho
gross amounts paid out as dividends with either the
CAPITALS Of the respective comnanes or with thar
premium incomes?
FiJth-Did not the New York Life nav 800 70 on