New-York tribune., 1878-12-17
sueriaI Not, ses.
Life Insurance Rates.
THE REDUCTION OFTnE MUTUAL sIIARrIY CuAL'
IENGED

years aud request thai 1t Ds lo:aiely
We make this pruies and request for the hs.
We oeegs The RscIes 1 10 % ps geoS oS o. m r o, Ss
Old not In formity u 'hse stre pruei
SSsr SS ." be sqny nsy ni Prsee ps GOV
i.ye iha present condition the Clmpa t9cn
require action at variance with ~
satisfaction and upar confidence an ong t Ga q On
caused by disclosures OF mi-management .nd
ence OF which not even the Mufda ba. escaped
5T0 s gcT@s ws he Object sSa paross he
plan TO 6e u stimuat" tue business and nsso neg
'as eosurc ania relief TO fsous az present fe
auiring hep pay Insurance. ou now give 10 new inur
ants oil PER on her reuums for ne nrst
rebate TO be charged against funI Nheh
SIe uu your AGENTS. to Doreased se,i,iy by
oan ire certaiEy yery drsrab brcrs but the means
by Which It is pop accomplish MS d raoe end
IN onr opion wrong; ana " ask yons iia , [ @'"
First LET consider the nneI IN Hh ch TINS 80 casi
fra he nufoftunste members whose wait empoyment
and the deprr fin ancia eonton Of ihe nni nave rem
The may not 1e legally bound 10 ,stnn to rsIrns
reiterated H dg, OF me 1t K morally o3una 70 ts'q5 m
term Bat @e ear SPECIAL Pund" has been accu
m1ase in manner m and spis y 1 % s ss
understand tn theory OF yer present acion in ths
Contract win his fellow members imprs iher eary
bound to such mparmeni BY pTovians .nessl
aega q waasIre Of WRholans from retiring member we
shoudrTobaby quietly acquescedallhgugh cou1cts
attained such mpegnable position ana had 20 completely
that fluctuations membership could mp r is sscny
r or disturb @ g. the SoreT perfect tou Ro anon & y eSrsBd 70
Oil The Invitation to come ~ nv when hen my h Gges @ ~ n
vide Substitute at their own cost when obhged 10 WIN
Whist tGey remained they should compeie
the fun "quabe share" Of ner rsse'e ana sainngs ie,
idea amongst mrlo6es upon The OF reea!a on
tbozed aseRfs and in IN reliance apon which Gecsraons
and very many became o. me fSnPa ny
Of the Withholding within the past few years bnt
Srrs have been comeiied to relndash maTe Gan
equabe share pr ths Especial Fund from
which Of 30 per cent 10 members
I membqF NJ have cause consider enseSe. to have been
in qu,ab dealt with and to eharSs tae eSmpanE % pa S %n % &
the a9oins memeIs WI sPP0y9 81 & any m9e ~ b OWE w. b b
nI-and less fruits are TO be bestowed as era
tuty. upon those who seek to obtain tu bpehs OF s
from RS odeg members We kloT nl tgee is aIfy @ ,nu.
octbo m me pb!t mnd AZ the company deals Gnjdsy
or %eqaiaby With it's retiring mcbefs and trades upon
ard the days oits .ncces are numbered
By All the plb shea slltem.nts aud Pcrs9nal as
aars Of the managed with such entire
consrr, at sla sona9 anG t Hsf @ tCr Ig pi @
gencIes by which w"conduced NE insnrnnre pn,ihes'
ca strength O, tn company NOTHING r.
qu cd b oud seGias adherence 70 che es abshea piin.
cpies era era & t m sus an assured tosit1cn That IL
cess shu w, u II y i'1 ~ M is n,rnpei shin
but ndln,r,nl 10 any increase and had volnnlaIiy
Hnpfeparcd to believe ,aat notwithstanding qn
G iGV RC'is I cf by the los Of compartyey
Icplre by 'iniUsng new vitality" a. ia cost o. a heayy
tally So transf,ed the de3enrrsling body Of .he
company. this the actual stuail0n II s c"ndloa
oi "eiAGe-' Nheh we ~ nor ppn, T % r,hs xan, We
for ana v n We sa ~, p @ ~ in ir ~ a. I""ian
f ser OF buting uemb,rs ns.r zeal has 3Ht,
the business by Offering sdueements beyond What
the ntce's;les o me company @ dnI nave error IN adj
mung members not only az lover rate hah - pa" Uy
d., .tand than cost Tor 90 NOT believe nat you
nation among the members, GId much Jess II such ulsctt
ton be IN favor Of new and against od meoefs & @ ne
rsfny extend to The incoming s1s. ger tnSS wea sSy few
| table OF rates, admitting new members at lower
rates than members were paying. bat giving them
iyss+r aaehas tat P4h wns os Er mos, oieeopS
be is the present plan which gives u the member tho
Of 80 per upon two years. whilst ior
sr o ony Te%ir 10 pay tie iuI AMOUNT Of Their Drra
@n gt 80 max no % li saSh ssrg @neS y Pe vet o;
new mebers No old policy hollor possibly lsg.d
mt 500 !, comes 10 De fuly up.er
stood them IN VIII cOnderit 30 inconsistent with the
ofepeared declarations tnat tie company is conducted
amongst members at stance Is an Imperative duty,
FoURa now come to what we consider radical error
quderyn this new plan and AGAINST wch we deem !. on,
70 clam tha, within e Province ot yong aGmn,rt,e
gift 10 members, but thst would
have been colnpet Mt for company TO pay 1t out
derived fnai the oicc directors Of stock company
may nave power use, wen Tsk. TIE surplus
funds ot c stocAoders auG mat Il may be co rgri for
iutnal Company msna2ng sacred tras hsye any
slS more NO. O5 nor Or les than the acon o. the excess
premuus id Dy tne Old members ANA ihe earnings cit
alone 10 you OOund law, by the obi
S3Ga. o5 and yGG at S oa ha1 Gd NO Sy g xGl % c d.
yr IT, . II away 0I or esEGnd pen not tIo ~ perm St
De limit To e expenditure anu no assurance at an part
with all dcIercuce without meaning 0c renecuou
OF OF Pa,a9n g5 On y" @ cr.tou 30 6fsote Of ysaht
purpose t. protect Qurl I, rests. 81. . ..,., r,,p .
st That as mater Of ei there never has been ans
distinct and separate fund d, term ycinS nier COW
tonal o me mongy M s rom T5s ~ ] s
bgIs-y'l lor c"Ah ',u,, esS' T 49, w. ' a. % h ,S -
Q, II as a SPECIAL Fund I1 num- & you 10y; nS TI "S
Increased portion Of their receives and profits ana without
med by sHs .GH'S Hnq heISG @ our ne s u % sc , b %1
esitlnaiy ana rqitaby withheld nom retiring mbers
ondcmpy the ag.g mcmngs Tor ni9ly Gone 10 s Them 9y
alone having ben commiuged with aud formed an m
Wcn Is to DO divided dnSns the existing members
II be dyQEec from Una, 3 ana 3 aE5% To- TO % Srr ope pSs
lions precldts the use of part Of ts fqbd
3, s sny D yT nqmaby withhed from the refining mem
SSE Is 10 aa e S @ % sS Gg SoS al fS % be- SS gwen Sp
to from wIom has b,.n wrongfuly wihheld
unayolaby will bring the company the most
come yaluabe butt viii attract class the m inT1ty ~
a their rebate Cet.rsNlthOat
them whilst tley
and IA King their vitality out with them.
SEvINTI and another Objectionable featdre IL the giving
to agents commissions the fG amount OF pteniuns al
though acuay receive but 20 per cent them and We
ia this practice With your declaration 81 Opo
commissions There II also
arranged
In MS plan and be credited cash m the pre-
uums Of the company that strikes us uAaNorabh,
but upon which We lorbcar lurther comment
We cannot Detr our convictions
with regard than by using sn1 emphasizing
your wOrsthai pay enough Tor }OI Insurance,
and N yDu ugW 4 q
violate principles believed 10 De Fundamental 10 success,
the business bought dearly and that more than
almost ohe business life insurance depends of lts nuc
cess nn popular and the public must feel certain
than other human contract this ons
wbca Is 10 provide loved dependents Will be carried ous
~. L LnA lLeu N he