New-York tribune., 1886-01-06
THE CONNECTICUT MUTUAL LIFE IN.
SURANOE COMPANY.
ALLEGED TRUE INwARDNEss OF GREENE's
ASSAULT.

LETTER FROM C. C. nISr, EDITOR OF THE I'm
sURANcE MONITOR" THE OLDEST INSURANCE
JOURNAL IN THE COUNTRY.
OFFICE or Insurance MONITOR
l37 BROADWAY. Ngw-YoRK. January 5.1S56. 5
HENRY q. ROBINSON, Esq,
Director Connecticut Mutual Lie Insurance Conpony
Hartford. Conn
DEAR SIR: The correspondence tween Messrs.
Greene and Patterson. published yesterday and to-day
aud the important interests to which it IL collateral
induce mo to write TO yoa ard to the other directors Of
the Connecticut Mutual. [ am advised by those who
shlnk they know that mscalcalate your In tue
premises. that Mr. Greene holds the aud Instead
OF being yoIr servant Is really the opposite: but Will
take The chances OF in state aud SAY what
tnink ought, at vogture.
have Criticised the Connecticut Mutual aud shall
oonnue to crtcsc IT, beoaIe the facts OF Its recent
history furnish evidence whoh Is oIclusve mind
0f tho ncometency OF s management and the falsencss
or It's public statements. will cOndne myself t0 those
two points In this Communication
OF my personal knowledge l state that you
carving In yCur real estate schedule properties to which
you have no tit!onot twobut multiplied examples
where defective title aI the outset nisdescrptiUn or
other cloud unated la making that schedule ialse
In numerous aud imI ortant particulars
10 much greater extent Is false the absurd
valuations which 1t Contains Uuder the cover OF
Cost Value" properties entered at the aggregated
amounts OF the original loau plus deauted interest and
worth respectable fraction OF the they represent
Several OF these the appearance Of barefacei
s~iudles upon the company. having produced "a
single payment OF Interest," parties having apparently
unloaded undesirable property and pockettd your
mOnoyl II choose to visit my Office, bringing
copy of your schedule OF real estate will pOint
chapter. aud line. believe tnat schedule Is lie
to tho extent OF at least $4,000 900 and believe have
tho facts In my possession wnio Will be conclusive
that direction to will carefully examine
tuem. shall publisa them In due time. Further de-
tail unnecessary here but ample details available
to you II you choose to acquire theu.
Iu regard to the neciency ofthe present
needs only examine tho statistical history o tue
company recorded III the annual rep0rs to ascertain
that IL Is not very many years since the Connecticut
Mutual stood at the head, not only OF American
paDes. but Of the companies OF the world IL doing
largnr business anu enjoying larger premium income
aud wider popularity than tue Mu ual Life OF New
York, and great company before the Equitable
born aud, the way was oil ar for 1t 10 maintain that
supre macy aud ret ain Hartford lead 10 life
notable than bren maintained there
in re. Instead. OF that tan S30,Up0000 OF risks
have OH your books in Uf what has gone
since Mr. Greene LecanD secetary and four after
that date a decaience began which has continued
since and throu shOdL his entire presidency uitlOat
6redk. aud thc very year he became secretary your
premium receipts fall or and from tnat day to
this there has year Ia which they equaed
pIcinluu5 VI MoIo ab
date OF the Inst Published report $3l3I362 than
they fourteen years before in 1870, when hs be-
came assistant secretary. These merely couple
OF broad underlying facts need not into details. or
which there many. all flsercl aole to tue company
aud cOhtemuALJry OF tue management. In my opinion
Mr. Creme has been bill S.t upon the company rrom
tho day lac entered Its doors. regard him q ms
cevous crank who wiulds nimblo pen and IL impeed
by vanity to the commission OF acts injurious
to tue cOmpaGy whicn employs h., and controlled by
equally imperial ObLqnty which Involves hiuI In tue
neglect OF obyI0ls du and my plain eXhOrtaOn ~
you /, to sit down on himpromptly aud neavllyl He
Is present threatening precipitate u couct which
lst inevitably result inuroasy to your company, aud
winch serve other purpose than 10 Afford hn
opportunity to posture high mJra refOrmer, wnilt
lac putoa uueean motives and unrsbteous acts his
supcrOrs In the business l. therefore, policy holder
OF twenty years standing be- to call yoIr attention
to what seems your very plain and imminent
uuty.
II than thirty years since my connection with
Hartford insurance companies began, aId you
liberty TO tus letter t. auy OF the older DemIers
OF the profession in HaTtforl-ss are personally
straneers-and ascertain their oQulon to my relia
biity. and whether 1 would bo likely to utter sach
lettor tbs without probable ample reasons for
doug
liberty OF further remarkng that 1t may pay
you follow These matters up lt possible that
u rucr aud consistent friend Of the company than
who stand IN closer relations TO IL, aud tnat may
at present uncturo 10 ia position do It
service. Yours respectfully, G. g. HISE.
p I hai not. ut ths time OF debating the above.
discovered Mr.. Greenes second letter. Ho appears to
have already preepitatedr Contrary to my iriginal
design shall give this letter to tho pu Jlc think his
game Of cutie has been played loua enough, aud
people should know something of tile true record of the
charlstan Who is hunbugging them. befoggiug tho
truths OF lie insurance. wasting he money that he is
paid protect. aud bringing contempt urou honor
able and useful calling. c. q. IL.
CNL EREENE,N REPLY I'd MR RirTER&ON