New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-03-24
COMMERCIAL TRAVELLERS INSURANCE.

ORIGIN AND BENEFITS OF TIE sYSrHM-ADVICE 10
OIuEEs-A WARMING TO INSURANCE COMpA-
MES.
TO ire Edttor Of The Trtbnne.
SIR: This is most emphatically an era OF
cxtrayaennce acknowledgement, corruption, and in many
cates Of downright, robbery III the nldraati o.!
lite insurance companies in whom people baye been
educated during long series OF years To place implicit
confidence fully believing that when the sad day shouH
come non families would be c0mpellcdy reason "i DEAN
10 look to them realization OF the trlss eohhoe 10
,c,r care they would not look vain. How terribly baa
this trust aud confidence been betIayei! Hardy cay
pass but one reads his morning payer bow this com
many has been placed in the hands Of receiver that
cuiupany in peril of like procrss, while another has heeh
weighed IN the balance and found wantin|' @c'' &c
belong to large corps OF business men known as com
mcrcal travellers business being the selling Oh go"A
Oh The road by sample part OF the and tie reinii-
der of remaining places Of business attending u"
customers as they visit the city to make their purchases
In December 1872 lew pubc-sprted Young men III
ts profession urgaaiz d institution known and nicer
pOr !ed as K" The t0mme.Ca! IiaVeeI. Alsoeito ~.
the family ~ friends Of - deceased members aud !!
hotel chatgca. railroad iramspniaon, &C. Gtat care
was t'S'N IA re rejection OF MS p'oerl-' -.
ccpt -" srcredfT rad treasurer. WHO Is ~'""."
commi.''91 u per crnf on the r,".,e
las seIy~d :: q" M c"ciy ever sue oar
ton Is -urh "nierl ,ud irrrt officer IN every s"usr
name wh."i, - "Gr:":. 3 Wiusun % IS riCIse. !
The hcadguaTtrrs - ~" -uc alton Thrcc nol.f. i:i
alton aud ,h~ ti~ assessment must accom-
uaUy thc Ipiilcati". 81 membership, together WIKI
plysrians ccrrc,ts gT'i the Endorsement ~ TWO mem
hcfs H. good ,ianGlus Gu Of Nluch referred 10 the
Executive COMMITTEE e be reported Oh AZ TIE ncA'
moathly meeting. konds IN the sam Of $1,000 are
given secretary AVID treasurer Tor the faiiHiH per
fnrnanre n his duties, and cheap rents ad ~ Few IN
rdrutal5" possible u the aim Of tue officers ana lneh
Ders.
In 1873, the first year Of organization, We ss
tanned 10 losses b. DEATH but in 1874 si.1J3 80 I'D
1879 So G33 3D. and ia 1876 - Ji2G 80 paid u the
benccarlcs the association, ami the mcinDcrshp az
ginning Of the present. year Is 2OlGa net gam o.
800 members during the Hast year. 81,
Whenever death occur, each member Is assessed =,
PAYABLE within 90 days the date of the notice Sent
hln aud under this cr the first deathGss paid ~ 1919
was $50 while the last Idd III 1876 wss $500, ~
expense Of :2i yer member for The wicH II th
ccsdingly cheap insurance From small bcsinuss inc
association has grown to be- vigorous an! healthy one,
whose Influence for good Is felt IL every direction u
members ol the press, the lawyers physicians AMI mem
b-rs uf al professions and cdlliuEs should begin sOJu
work themselves a. the Commercial! Travellers
Association has ihauguldto very insurance coipa
mes would wake up 10 The fact that they must MAKE
new departure in the way OF honesty economy ana le
forn they VIII lind that their occupation Will be gone
for the public Will have no further use for them.
heis- ORR, March 20, 1871 ~ H. NJ