New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-05-10
ken from these familis. and Its price

present scale, taken from these families and Its price
given to the players who can stay inl
ve year distribution policy" which IL has adv anced
It's premiums % per cent to the increased risk
of which risk by the way, there has appeared. as
yet, no explanation wbatever and the Northwestern
%l.e higher estimates than any others and several
inviting men to come in ana put at hazard all or part OF
and TO give which In its most simple just and absolute
form ought to be the sole ambition 1t the sole
OF It's being. of a life Insurance company. What
colossal gambling IL Will be- For what peculiar stake
the protection the living Of widows and chiidren
AN INsINUAIING PARAGRAPH ANSWERED
AS was writing the last paragraph the following paid
notice of the Equitable from The World Of April 80
handei me:
Tontine Again.
One days business of the Equitable Life Assur
ance Society for April 90 was nearly million and
necticut Company, been hired to advertise Tontine y
At that rate they would write $3.50, 900 600 in
year And just translate that fact into the language Of
their Estimates" and repeat it year after year for
twenty years. what would it in just that
business there wonld be over $24l 600 Of apses
whereby would be lost 10 families null S60O00OOO OF
paid-up Insurance, In order that they might give
S26OO00OO additional profits to the Tontne pOo. That
Is precisely what IL would come In time to mean every
year In that company alone at least 100000 year
OF @hat ought to I've paid-up Insurance. for families who
furnish at least $26OO00O0 year the Tonlne poolsl
That Is what tile business OF April % would mean to
the world in the light Of their authorized estimates
What an astounding scale of speculation!
AN APPEAL FOR THE FAMILY
Do not misunderstood the President of the Connect
icut Company" He well knows that be il advertising
Tontne that TO certain the very figures he has here
given will prove irresistible attractiOn-men who are
entirely confident Of their ability pay through. and
who little nothing where money comes from, 80
1t comes legally he Is not speaking To them: lie IL
speaking only to the who have families 10 protect
AMI who TO really protect them; end to men who
may not the true character OF Tontne: He
Is speaking In behalf of families that need protection,
to those TO whom alone they look for that protection
that may not be put at needless hazard OF lOss that
tue unfortunate the poor aud the ak be not made tue
Frey of the Fortunate the rich aud the strong He Is
speaking for the pure benehcence simple life Insurance.
administered that every family may get every dollar
OF protection the premiums paid by its own head
t. buy. lie does not think that the ultimate
Judgment OF clear understanding and good conscience
will turn upon million and quarter OF new
business n day True Is something else than
assuming obligations. The results by which life insur-
is stand the last will be tho amount OF proteo-
ton given families not the amount OF which they have
robbed the profits has been made to yield "a
game Of chance the magnitude OF the game which
has been set going II. its name Yours truly,
Hartford, May 7, 1885. JACOB l.. GREENE.