, 1877-02-08

tcntstlon Of tho Company. lIaIil.lcs, and thc
increatc easily accounts for The dlilcreMr y ti'o
tr'e very Justly remarks upon this state OF
facts:
The Inference Ia p1nfn onc,. and cannot bc
sfs .e nn %s sver s"st es hen Win Il c"1,
ripley esarng them in tho face the utliecsA or The
GonpnnY have +1maner rel snd rtolSn !lc a"sen 81
'e 'hey esf1a eseetca wo% be ,s aafk teees. CIV
ershp.
1Nn,c7Mxsr or SECURITY 1trR OFFICERS.
Doubtless your readers 1iayc been advised l,y
telegraph, that the late officers VI the Security
Life Of this city havo bern Indicted for fraud
Aiie'1. tie late aeerstary, los bce,, '' nrrr.ied
Mr. Allen voluntarily appeared mil enyc hati:
The other officers are toert l.. Case, sr., aud
Mr: W. Wctmorc. Thrre nrc. two of them
Ior M fraud only. Ailen !. popajariy repatc5 10
iie wps ry.pcsia}io isartl,ea,i isr Tic
concern, and implicitly believed In hls a.so.
ly their rascaif,les 10 the anouut OF at lcast
e20tUN lie really kncw little Or nothing about
laIc inside workings Of The office, AMI wns In ttc
ferel to hin! ior signature by tic compasy'a
employees. This may have been rcprchtnAibic,
Int unfortunately IL Is n common practice IN
other comua,,[ca rs well % the Security. Tilcso
Iy,warnes to others who may f,e equally guilty
| to nee from lho wrath to CONC. Too many
false stetenlcr,ts have been mt iortb,-pcrhaps
some arc current now,-aiI tlyrrc ia d strung
demand for criminal prosecution OF all prr-
sons who hare laid hands tinop The trust funds
contllc to their care fur the widows and clIil
dren. The tlsc ngafnst the Security officers Ia 4
tilcIn nre iikcir 10 cscac tic full ncpntty VI The
| iaw, provided they are over captured. At pres.
cnt tlIey arc iitly described as "non est"
II Tie disasters to tie lllc companies we're 10
| end rjrpt here with the downfall pf tic New
Jersey. tho Continental, aud tho Security, there
would be no severe trouble 10 The business II
wt t,e felt fer soma time but recovery would
be sure: but thc fears which lInvc Oecii tlevel-
| oncl in the actual contuct between leading
companies and their customers have suggested
tlat The future is hy no means pathway oi
| atre. As mn fustntlce. one agent last week re-.
turned to a nrominent Now York company one
iuadyfd and siIfV.Ntv rolicles marked ssEot
Of jan,,ary renewals natti when due val /; pcr
rent lrss than last wear, In another oice which
Issued IL january IS;O, m average Of ten l,oli.
cIcs Tor caclt working .lay, The whole number was
Caiyasscrs mn, solicitors Lave been sct to work
in n,anv instn,1rcs to persuade old pol1rylolefs
10 Ecet; in ticlr nojtrtcs, and in atswsr to Ill
naa yss,sr4a Sf ono non 91 tho e pqSst Sss3s city
Tl,ese src II iaein wnicl, come homo 10 tic cu,,,.
punles, and naturally *onc Of their ofllcers arc
'~' '~'' isow nov 70 MSxE COMMON cAusr.
In the panic OK 1879, tho u!liecrs uf tho city
banks met at tic clearinghouse aud resolved
TO stapI br each other What d wanted now to
In agaiust iirc-jpsura1lco is a syndicate, to be-
cOmiH,sel OF n dozen OF the most Substantial
companies, in which they shall agree to stand
v cacl, other, aud, II u1io of its members proves
1 Ill
| rhls nlap l,us ulrcauy Lcpn talked over among
son,u VI tl,c second gsasle companies, but It viii
haYc I,o wight whatever without tho hearty
ga~ $%r e @ fqs sn ns. ss s st nj
w much human nnture to thc SQUARE inci il,
llfc.insurulcc .vn,pany "a IN any otlcr instlt,l-
mcnt ia that tic companies arc terribly jeaiut,s
! vi each utter,-ts,u blE fellows arc JEALOUS OF
each otl,or-lle little fellows arc Jealous of tho
9Ig iS!,ows, aud 80 on. p.ohally It scc,ns 70
liz thinks Of llls Conlpany'y estiOjV,VWj OF as.
sets, tint II Is 10 ct,,lacuusucs wat nppcns to
tho small-lry companies, and perllap. Il il OF 10
col,scuuctlc9. But the smaller conlnunlcs arc
not 40 casy, and would like \ syndicate, pro.
! yilcd tllo Mutual Life would 1vln II. 80 the
| plan will full TO stem tho tide.
7llH Ltpn ASSOCIATION or AMERICA.
this lltso,,ptlig title, wt,tc|, as RECENTLY been
EcttIng into deep watcrt The Company i,ns. 1
believe, M illinois Department" )" With head
quarters in Chlcugo, and many Of your citizens
Will ss,cn fintl that It's transactions during III,
mast wear. in com,cction viii, TIC Columbia Lila
u III. Lot,!a, llayo 90 far proydircd EASTERN ill.,
fts csrtiarntc, nt autr,lr to sn bns,ncss Grpc
will be 1npde doubtful, Ajroaay 1t hus Gcc1i cx-
PEELED from Kentucky. il see1na That thrcc
years ago The OTHERS Of the Lie Association,
N fn,1iu 1Jfn. .Tuaurunno i,orr,uv Imrn,ni,,