, 1877-03-29
COIs1:Esl'tbSDESCE,

q
CHtcA0n. March aH.-i rscfcr to tcttcyo Tint TIM
1hthus. IN th recent severe end persistent critl.
tlsin4 on the business Of life INSURANCE haa hecn
prompted. not BY a lesire to hee 4 systcrn which
has for more thsn an cMtre generation been frsug}t
with 10 na,eh Of good to the general public totally
destroyed, Int sahct 10 usslat In cradicatlng 4oo
of tic evils which have grown up with tho ey.tcm.
But let nc ask. In all can1or do some OF is tndls.
criminnte attacks upon tho management Of all com.
1'antcn implied al leust) bccaufc OF tho reckless,
and In son,e caacs criminal, Encouragement Of q
few eonthntcs; liz tatire up0n ihe agency ayAtctp
whel, 10 the life Of all companies, because II hat
developed rume tnsch'lr l,orcs; its pervereion Of
figures, by which II attempts to fu.tan Is untena
Ile position, tend TO direct the attention of tho pub.
lie to the real hbnpts Of tho busincss or TO under.
mine their confidence III the w!lo1e ryetcmt TIN
Tn.nc*E certainly does not desro Tho latter tetnl.
unt IN IT. tast wrath at tlr extravneanec Of SONS
sa S sss q ef y n;asjns III s
saaths%a, ,11a. .,Gass That ihsrs ,3sy = ena
hcu:s.. Tn Tin.nvxs .iii not deny: While the
m,nnnagement n of SONG Of either class 10 worthy Of
intc Of thcr inception to ihcir insloriors taking
oG; fraud. u the mo,t lronountcd.iy type.
es! asn3 a"d c's S H.
company bcean'eit T. talr exponent OF tie old
s9nsetxa.ve sow; ;hut, snfc crude q compane'l,
the columns of TnE Tn,HrEE, On The subject OF
laptes and salat'c.. question: which have Il late
ceaed wb t ~ Or oer eG
q this company to all at In Officers, conracl mel.
isai examiner - csrks' nd other emnfoyes, ID lcs.
the SsW Yn9k "" 70 e fsesoen's Of soe Of
on the srejest p !apsee, Tuz Tn,nux., In It's
s .soxtd @ a. ut. .s.' 'o r. saas .S 2! Nv w
e in ,hs, an H. arseS ss
cles rsaed ever became claims, While tha remnsn n n
ins y. per cent were inpted. The facr arc, that
these laphcs were from tbtir cntIre lnslnet1, cx-
her Of poltclc. in force.
IT, sffs, sf III EsS Erf m &C. y se se
Rally from Tint Of tho othsr older and conIsrva>
ttvcly managed companies.-s that OF all the poll
three years. After dc1ucting ali tho dcath-clal1.
ma md nasaFcd AZ! entowincnts pa (which amount TO
II s ~ osse4 s1 pSs; @ s ss asi
nal lnpses, for any cau-e. thcte s.lll rcu,ain In
furse nearly 10 ier ccnt, t,-cerla.niy, nat u. bad
slowns e.. II. Of policies as TIN
Hpw word u. 70 what hceomce Of the money
" Ths e, the Thirty
Amount received fns premtuns g., As7
Asss. Ss 3leIassa n i'd sS:i sas
ln1esssa iana' owned ~ polio; 81
. s7ts. .ae. 7:1
Showing thAt the amount returned to po1,cv-
holdcra and now Invested fnr them exceeds Tie
amount received from them by nearly 3:A, O0O OOO
The Interest receipts having earnu1 this cxccss In
addition to paying hll c1rfnrcs.. and this In d
huttne.s which b} many writer's II charged With
ucdpo''ing widows AMI orphans. G. u. I.
N shs Editor av Tia Tribune.
NEHnr, ILL.,. MnEch l7.-rlerc arc multtudcs
OF yonr readers who, Ike myself, hays more than
Fasr!nr interest In the sRbtctt OF ltfe.usnrnncc
and rrccnt Developments III that department Of in.
lustry has made them painfully aware OF tho fact
that. a. In all othcr sHbunary matters, 70 In jltc.
intnrancr. there H. ~ say tho least, soInu kt&te
uncertainty ID to what the outcome Is to b.. All
WAS lorely In the atat, and tho rainbow promises
o. prosperous soyare and tnpuy landing on the
4sat. IN! all hulnaa pans aud rrou,lacs, 10 rnt
dawn fonr hnl fako up one IN not 40
fcsnuneratlve to tho rattera A. 1t In 10 tho
tnkefs Hut now. to cnnlu right dnwn to tho brass
~ ''btg salaries" il tbs LATEST cyu.opener, will
ynu cnllgl.tcn us on ont punt,-yuur means OF oil.
tAsnsng Information are large. wIle oufs arc lin.
lied! Taking tho Mutual Life of New York IA an
illnttfation they. AZ understand Il, claim TO b.
purely mn!ua, .,ayins no stockh"ldcrs but tho Ia
iItst be declared. but giving the policy. holders
the entire surplus, after oVdng for the tcaerves
nnd paying thu expenses, IN tllr ahaFa OF dtvt.
dunds. TAs Company has a Directory, a NoaIi af
ItusfeeH, and full corps Ut exrcuttyU officers.
Who elects these men. and WIN determines the
pay they shall have for their scryteea. fourt,
4. 81. FOoLK.