, 1877-04-21
WHERE RESTS TIE HEBP P0ESIBM1TY 2
70 tAs kssttor of Tia Tribune.

10 As kahfof a. 1At Tribune.
The most discerning hare understood tho er-
travsgancics Of management: have seen through
the miserable frauds pcrpetrated upon the pub
liz, under the gulae Of llfe-fusurancc, tn the
countless "uew scl.cmes" OF "unparailcled
advantages tue bankruptcy Of companies, and
certain failure Of others to meet their promlscs
Of great things.
The utter disappointment aud diaaifcctton OF
portion Of thu insurlng public has been for
long time prcdictcd--tho prediction Is now
being fulfilled.
conFAH1rs.
Where rests tAo responsibility for all this
troubled The dead companies answer from
their graves. Thoae alive hay!ug shared In
bringing on the turmoil, arc we'll occupied In
answering Tor thslr sharr In the bad work.
Agents.,
Shall agents escape their responsibility who
hayo had tlu Inst conception Of III agents true
work, no consideration ior the rea interest OF the
assured, working ouly under tbs greatest contract
for themselves, mud Il trying nGpii 70 ~ofk IN
their old beaten tracks. covered only oy new
great contract Tor another cxtrAYnKAnt com
pany, eau they ayuld further scsponsiUtl!tY1
lNSUNkAs.
How much responsibility DO Insurers feel who
havs aided and abetted the bad business, lasur.
inE sndiy thesnse!sss ~ ana aaasnSsnf o.nsss
taking for Year,. IA new thing, something lor
uuthlng, something better cxpecteu u MI ex-
pertinent from new company and new plan.
Looked lor as frous tic legitimate plaua Ii. old
and weil.mauaEeI companies. Often have
Insurers uot oven known the uane
q tho company T. x waSh 70 'Hhsy haa
for having policy than tint they liked. = new
plan whici, haa been prvsentetts Or TO he!p soie
irlcud In tho business, or to yet rid ot borc Or
tuaurtng with tie multitude, all going It blind.
4 kHsIA
The hun,buvRcFy vi ''local 1uards " or " local
| trustets" worked the best Tor time Of 81
catcl.cs. aud company which tltd not adopt thls
method tor procuring new pusttless bud very few
to 20 through ali tho tngeaious plaas,
w!.!sh hays caught 50 sna.!y yletia!s; soluu q
tllem arc still GclnE practtccd, but It would
sss from t!s public. put experiences t,,
slttc4 tho Legitimate, ul.l-ta$hUlu1 urtlGle oe
insurance, ~ pract!ccd 6y the best n'anagc1 of
tue oldest Institutions.
There arc companies mud yentswhtch because
Of their inability u aec,11s business BY rsEulai
plans, resort to peculiar sctssnes3 aaetl us "Igu
.!ns.n,, "say!uks nauk Psn.un n."sy "saisty ~ ns
lend" "s0 pr cent sddhion plan" One il.
iqulty lead. 'to anot1,sr; metntsFs OF man,
ytars' staudlng have been led ~ caucei policies
life plan. to take frssh start ~ tlss xa'nbl!as
bss* sompanls', msy b. ID tue xist,l.'t tuturt
aud somt times Induced 10 leave then
to be ylrtnzrd ly thcso experimental sehe'urs
| but what Ea4 Iii tht. ~ do With tue panic
Lot everything he understood which has helped
to bring on the ssouble tn lffelnsuEante.
BAD WoRk
OF all kinds is tbs cause of 1t. Tbs re
suit OF tHeEe being too many companies
oltlcess, aud Rgeuts, liza been tUo much coul
pstttlol, too great prouliaes. too many schch1cs
aud extsuyxEant expenditure, mud some In
suress have heca too unsuspecttng and they ar
now pault.ktrtckeu Others made vile
uIscaINlaATIoN
In the choice ot companies, expecting +
obtain the best results where sls creates
prudence Ia management appeared. &nd the
, art VOL pleased today. keuaenay ha1 ost"
4peetal Jtas4rs with = few Of the c1istinE CON
panles, ana every oas which Aas sdhe!e'
closely to ttis cardinal Virtue shows undoubte
ability to luid! the tr.4st committed 10 tlen'
| The lnatitot!ons which bars bad faithful altulu
istratlou viii continue 10 carry Oh the beneAecu
work Ut life.iuSAfRnee, aud IL IL easy to pFc3ie
that the public will support these toupau1es
TIE GOOD Akp Tkux
exlst to-day. and will slime out mo!
brightly - the storm passes. thorough
pxs!cucs AID they will obtan It. II used h
inoru la doubted that the 9ool of life ipsAsant
. will lire than that tue bad will die. Let it b
s boFu., III mind that the same 1lscegnNeut whic
! prunhet{el the ell and The eTists 10 epns, al
predicted tho .!}sdag " ~ saaaf (rva ta* eaal
6rx4ass, DICKINSON d Co,
Qenarsl Agent. Connecticut Mutual L1fs.
CHICAGO. April 20, 1s77