, 1880-05-06
OFFICIAL OPINIONS.
What Is Thought Of Assessment" :"
Life-1nsurance by the Men
Who Understand It.
Ltrcly Condemnation from Actunrics
md State Officers Eyory.
where.
An Interesting and Convincing Array
of Adverse Criticism.


cetved aulna attention alrcndy from TttE
TRIBUNE, anil Is likely IL l,ave more III tho
future. Tint Iii matter of slc, yase lm'
portnnce rs life-ins,trance tllere should be
found pcepte willing to turn their backs Nh
tho experience OF u century mil 0cccpt tho
slallow assertions OF irresponsible noyfces
would bu strntlge were II not known TINT
human credulity has no limit The tempo
rary SUCCESS Of the so-cal!cd coUnerntiye soci..
ctiCs IL largely tue to tito il!fAnliltnrlfy of
the public with tho snh Ecct Df 1lfc-tnsurnflcc.
iii secklug ifc.tns,,rnilcu, It Is safc % foIlow
II rii1 Of general common Aeilsy, aud to ID nS
person Of ordinary judgment would 10 IT
nny other business lnatter.,viz: II unfanfl.
soniebody who Is thoroughly experienced.
THIS pnl>cr hns sought null secured tho
knowledge md ftleAs Of nlnny, unbiased
statu ,oillcials, students Of ,llfe-insnrance,
,atl years OF familiarity with this subject.
The burden Of their testimony IL severely
ngntlst tho assessment 0r cotlperatfvu VII
Eary, and nonS9l tl,o,, ill anything to com.
their communications md statelnrits constl-
t,tes n very valuable compendium ngAfhst
tho whole ttlea Of trying to insure Human
lives without any money or experience:
TIiE HON. r. II. srOoSEls,
present Insurance Commissioner Of Wiscon-
| sin, writes to THE TRIBUNE ~ follows,
~ do not regard cuUpcrnttye llfe-lnsllr-
Gnce as , sound III theory, or likely to be bcne-
| liCinl In practice.
| tain 10 b0 continuously successful.
"My knowledge and experience with then,
gives inc no faith III their stability.
aU 9s soeDnes S'sM s 1T Y o S Ss asay S IL
| responsibility md likelihood of fulfilling
their promises 10 tho well-known, oltl-llno
organizations.
"Tfey canl!ot give Insurance as cheap for
amy reasonable length OF tlme as tic oltl-llho
co.1.t3@Hn,,les: @ s:.,,,,,.,a, ,,u ,,,,,o,,t ,,,,,a
n o9Rpoftl'ies tor alsaoGsH t t, tn i@nngc @ e.
nient III them afe greater tliss'' Ill tho od or-
enattzatfions: f.9 :. oont,rro, ,v,t, nr,c,c,,
90 1T ~ nnte GontelFeu Will ptag.teni
n!e!, Who ultaeIsn1 o 'um ns.1sS -. an ~"
gnri f}le cofncrntivt,s vith n,,v fnyor'n
s9"' .ctI,t 1,ns ~. q ,,r,v
| =, thE hos' ". y NEi:F. .,.,
stato IL sh a asgc 81 Np ava
attained considerable prominence. Sli1rp
po'!Gf!ants fn ta nnfo ssu 'te a,,tnne sns All H. % ia
o,ru l ~ tho nnrr",,isa in', nv i,"a % he",,
% %hGefs u tu M fu ;os .Has pvG ,v;,.
mo"y ot, o I ~ ,nna - stvim~ NJ ahi"ars % nf III" tfo
sonpn%iss a,l,i NH others S tl'SSse Vito i!sye eoexed
nl,t,,o1 ,g aTtmatians Mr I,rfc t' as nrnha. ts
'u.,t ,,s,t "aus t,,snro1 ni 4tIlo liz s ,,nrst
Ky NV .., ,,,,or i,,s n;., Too,i t,n mreih
usnW aMw! io s s,H uM c t.n ly t, M.na,. ~
q sH p ~ S, cn;;,raf,Se @ Sei E s an as
taoi'ssfes ~, ,Ts ~, ~ H., 4o
m some c9Ses ts ea M 1S @,sapprya !, ~, ae OF 1 lo
syste' og II NJ ny nvrg oshnr ~ conMont no ~
spoken aRnlnst ' IL ns u esefy otaeF colhpetel''
otsintorgs.e oRSGtHTf that Tin o,,,or
ne wIltes 10 n!E t..oNf; .AI tlo G.upel
OF View nll Questions o. iralitl ai4 mlsst,ii1i
nRcMclt, ln,st be s!oit-iiseo. anti ilel!Ge only
those nletnHcls coMnarnty,ely snoIl niter ~
eo1llnS sas Mag 1essht,o'y f't fSpGGs 10 ny9 a,s
.Motr Heath .oSsGs pa - tf,s SmSS
that no socletles dollig = ilio business
when ignoIe or a!saegarn 1an niot!!MIay "
Dies anu tntelcst nceu!lan19,!ons ~ tilese Nv
ti ~ ~ I tha,,' far s,.fn,ii% tkai,.
,memf,ars in III, srtfisment nf death lnssrs IL
mniImiteb ft,"rc i,rny nhsotntriv 1,o cheer
,,,,t,t, nr nrntecton nnaInst tiisln,iest mannEc-
inc11f.T
hir, Re1fe. In ortler to test t}te lecnl status
of tile assessment sOclutIGs lii Missouri, llns
causel test proceedings to bo Instituted
NHQ1nSt some OF them In the Supreme Court