, 1877-03-27


In addition to his annual aalafy, Bfr. II. Il.
Hyde, the prcaident OF the Equitable, tcstt6ed
thnt he h1d received allowances for commissions
upon profits amounting to $4aD, 000, and that he
was Interested In tho Iioatun agency Of tho Com.
pany. which brought him mn additional $50, 600
per annum. Ar q nero salaricd officer, there IL no
doubt that he Ia tho best paid olcai In this or any
other country, as tho commissions upon tho COM
pany's profits. added 10 his regular salary brings
his Income up to the nc!ghbuEhood Of 37o 600 per
aanum. Mr. 1iydc Is tho personal embodiment Of
tho Equitable Life-tho head snd 'front.'
tho top, bottom, and sEoes; tho brains,
soul, and body Of the Company. Let
anybody who ia prcpnscd 10 dispute TINT
proposition approach tho Company uoun my hus.
ncss whatever and Ecu how alt mattuTs, large aud
small. are dcctdcd by Mf. Hyde. Now what Ia re-.
n,arkablc aboHt this saaarY-l Il. that Mr. Hyde
permits 1!ls subofdlnatcs 10 receive such salaries.
With al p,9per respect TOT the Secretary Of tho
should receive SO, 500 foF h,s services. - they
ae;SS H., ncls5 ,sen hHt bn,sgr nSr ,k
wo grant sl,ut Mr.. Hyde, a. Its executive officer,
tts sta1 who can Justly cai1n fourth parl Ut tbs
ray received, and the publication Ii bound 10
MORE lIrE-IxsunAAcE SALARIES.
Morris Franklin. President 1T the Now York
Life testified that hI'n.uIf and tho Vtcu President
i az q IL
naskablo feature. Of these developments Ii tho
'r % s
f5 eSss s a',1, s q .$a
"" as ae%ci f't'': It sSsSttsSsss sSsss sH liz
sa,ys " siiao II %ls..yr sasa Ss sSe Esu!saSls. tSS.
r%ppo.ei To- be uicr II" s.psriai saasdlan.sip %" Of
nIncntsa1 aud iacarrnpttoc boards Ut Directors,
the qursy j. tuagcseJ. of what ase "rc Ditceturs
rupput.like perform. his wisl,'' There are scorcs
ni Guhlncsa, men In thrse lloatds VIM would seotn
bust. ot extravaRancs a. that mani icsisd by Tho
publia,r,l facts of To-day, These llgurc. simply
IT, IT, ss ss9" q tos ID
expenditures, ,and that tho mune1 Of policy
hol1rts !. ~ ltbefay usca ;o support sua tatea
work Of my kind
s osE or THE runnEl. rEATs .. FINANCE;
beT, Of .Is Unissrsai Liic, wss Isesisns Salaries
from from tho North AMERICAN and Guardian. which had
. sssn absorbed ~ te unlssrsa eaa also ~ F!nan
annual income 10 about 8ao, zoo. lie denics Tho
soft IMPEACHMENT 40 far Al the amount IL concern.
E.rbef deserves vel! ot ut leaat onu Cu1npanI-lhs
II IT, s oona
thsM in = = snas!ed condition, and ox!nK u soms'
Rrcaa, ana"stal ~ noto.s s former
Iii asaiins. With hea esers}n % IL. Mecoo G. e'Esna 6aIa.s
~ thle eity Tory large amount Of mortgages held
W &ho North America were void Tor uauEy. Me-
enormous bonusts therefor that competent lawyers
ao by Is IT,
3 Ut; Fnrbcf iook TO- ths matter IN haad, and BY some
pSpa @ of Gs ves g.
hs Fie.Iasas .aS tossea ID.
Of money. Onu day Il was advertised
.at "t,a NJ MSssns picture, and ssu,ss.y
sho Norlh America Lilo obtained tho chief part Of
le money. Mr. Fnrber Miay Or may Hot " worth
aasneisr IL ss " sasci ave .is North Ainstica policy.
holders handsome sum Of muney.
\ VosslUlR DANGER.
th1t there L. danger ths excessive zeal dl.oayeat to
sua!aisn, Ne.sfss. Widass' | Ssphsss;. snS F1c:
iss.lys-a,s y.. eonpapisa ~ a1lI,n t,s h.nas q
y great danger That tho step may prove sn Injury
f. shs , posy,t'Sldsts In thess eo@pane. Fhs
Fsas. ss!s ) eaate$ 1s !f'ns Sas 'ss Ss:
obligations tu policy holdefs iatart Thefs il 10
f!aua alleged ia ths ottgnsl tslnt4saaee.. though
f
tsetlny Tug bargain, nut tho paftlss chehy iatet:
s,Sa s.s s M p.sy hslas aa4 thsy az - yell
No poss,hlu good has been accomplished BY tho
present lieerisership, aud ~ 1t u admitted tbs
original company eannut pay tha loa.sI, policy.
holdsss will qut paiing premiums. LawYsrs ip:,
.lead Of otaclss will reap harvest OF salaries. and
That u Ill thdss IL IN tho chauss.
TUB BUSINESS pRA0RALlzEp.
II; This Will unqass.'onabIy bs black year IN
i!tc.iasuEanes. The collpante. are Al e1peti.nc.
ing tho c1ecs Ut Lbs panic caused BY the dovslop-
msnts Of tls pass year. One Ut Tho otieesa Of
Eo9alas city eorpany told uiu recently tla! they
hld noto lapses III policies that At any former
Es1od@ I'm tn .an comiaay's history. md ths lepost'
.toM taclE bcst asclclcs we're growing GonpaFa'
Grely worse aud worse every month, This Cum.
snnK psnK feeeiyed twa yesr. aEo an Aystaxe VI 9ye
Gated II Chicago. Now tha applications ~ers
!e.s than ays per. week. aud tho hp.ed
bo!'e!st far e1cesded the new application. In nam.
eho.t 9a The part Of the large Companies 10 1etsn
ahss tI:ks. and disposition il now manifested 10
sAlena the tiu1c an4 Five cusiumrEs every sucour.
asxnent 10 f'1y theis pr,nlu,a. Yet the teIi.tals
IT, ~ sppleal'l. fut raG.ap policies. Tor sarsra.
arl tsluc, aud faEluus form vi luitCi4lui po.ltlcs
tho iuote rayn,eutsI attest the double iaet ih,:
nSop!o arc tired " paying life IN prtin,ans
nu az ast1 pushs las .vaay money peouias
companies has leslxucd hiA office lately to engage