The Portland daily press., 1876-10-21
NEW ADVERTISEMENTS
c. r. Grifiing, ESQ.,;

w. ~ UTilngs Esq,
General Manager of the New York Life Insurance
| Co.:
DEAR SIR,--I am in receipt Of your somewhat
| lengthy communication of the 10Th inst, Ia COPY
Oh which appears in the columns of the "Daily
rhEss" OF the goth inst.) and have read its con-
tents with considerable amusement. have only
10 say in reply that 1 have neither time nor the
incination to enter into any controversy newspap-
oral or otherwse) with you any one else relative
to the points referred is or demer-
It's OF systems or the mode and manner of making
up the dividends of the Mutual or the New York
Lie Companies, whether right wrong, all this
must be left to the Actuares of the Companies who
PROBABLY are much better able than you myself to
settle such questions correctly. AS to the newspa-
per article to which you refer, can only say that
tne statement was furnished long since from an
other source, and relates to dividends of 1929
anu not the past year as you suppose. If there is
anything incorrectly stated it can be easily ascer.
tained as I understand the 'facts' were furnished
py the owner of the Policies himself without solicit
1aton However that may be- 1 have many cases on
'ne DOCKS Of my Agency, among them are names
Oh many Of our well known citizens, to whom we
can REFER showing the same results for that year. viz
MORE IMAM ~ per cent. cash dividend or a re-
'Sho'onoiy uNHueuu u from 20 to 90
nave, therefore, no doubt the case referred TO Ia
substantially correct In regard to the dividends of
1915, am aware they not the same as in 1929
but the only difference is that with the MUTUAL,
they were about %, and the New York Life is
represented to be not far from 10 per cent. on
apology aithe age ofl57 taken out in july 1876 if
made upon the same basis. 1 am also aware that
dividends vary somewhat upon the different kinds of
Policies. but thosa nj fba
plan, if it was desirable necessary to give partcu-
lar cases, multitudes be found corroboratve of
the facts given. AS to the matter of receipts, re-
serves surplus and all other matters of any interest
10 the public, have only to refer them to the Annu-
al Reports of the Commissioners of the several states
Oh Maine, Massachusetts, and New York, for the
Iacts ii any one is DESTROYS of being fully and cor
rectly posted on these points, any other rela-
i've to the advantages disadvantages presented by
the two companies, they are respectfully invited
70 call at my office where they can have access to
my books, papers and names, to substantiate all
tnat has been stated Suffice it to say that it will be
found there is no "Claptrap in the matter or that
the Mutual Life has made up its dividends upon
particular policies for "bunkum," and should be
very sorry to believe that any respectable company
like the Mutual or New York Lite has ever been
guilty of ''gerrymandering in the distribution of
its profits" for effect deceive its Policy holders
or the public.
Doubtless in your work of canvassing or advertis-
ing you do not hesitate to set forth the advantages
any Of insuring with the New York Life, and will
continue to do So With this have no right or dis
position to interfere and think you will not attempt
to deny me the same privilege of presenting the
superior advantages of the Mutual Life from the ex-
perence of both companies during the past 80 years
or more, during which have been somewhat famil-
lar with the history and workings of both from the
outset.
In the experience Of more than 80 years as Agent
OF this Company, think the people of this city who
know me will lay no such sin to my charge that of
deceivng any man on the subject of Life Insurance
and may hope this will be said of you when you
are gone from among us.
Thanking you for your advertisement of the great
Company represent. 1 am
Your Obedient Servant,
w. ID. LITTLE,
General Agent of the Mutual l. life Insur.
ance Go. of New York. oc21d1t