Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1891-08-15
NO PROOFS
From Mr.. Rossington, Agent OF
Mutual Benefit Insurance
Company.
He Said in His Gard, IT VIII Give the
Statements Asked For in Day or
Two."-It is Now Fifteen
Days and None Have
Been Given to
the Public.
MR.. ROSSINGTON, WHY DON'T
YOU GIVE THE PROOFSf

The undersigned agents for the
Northwestern Mutual Life lnsur-
ance Company, of Milwaukee, Wis,
recently printed statement made
by Mr.. G. A. Gossett that his first
dividend on his Northwestern 20
payment life policy for $1,000 was
$l20S, or 2l4 per cent. of
his premium of $500, and
knowing the dividend to be larger
than any other company had paid on
precisely similar policy, we chal-
Ienged all agents to show as good re-
suits. The agent of the Mutual Ben.
eft Life Insurance Company, Mr.. r.
B. Rossinglon, pretended to meet
the challenge by publishing card
stating that if Mr. Gossett's policy
had been issued by that company he
would have received not $l2.09, but
$24.G4, neglecting at the same time,
intentionally, as he admits, to ex-
plain that the $2464 included two
dividends to the NOrthWestern's one,
the latter company declaring no divi-
dend the first year, but in lieu there
of a double dividend the fifth
year. The Mutual Benefit agent
twas this intentional, too p
also neglected to state that
his dividend calculation is upon
an ordinary life policy, which every
one knows who knows anything
about life insurance, bears higher
dividend in any company than lin.
tied payment life policies, such as is
Mr.. Go3sett's. Such policies as are
referred to in the card as issued By
the Mutual Benefit in 1889 as bearing
% per cent. dividend are paying the
present year 49, in the Northwestern,
or 81 per cent. in excess of the Mu.
tual Benefit policies.
The Mutual Benefit agent further
says in his ebay or two' pr0miss0ry
card "In all kindness of heart ]
submit the following nut for them to
crack" In accordance with his SEEM
ing desire, we will now proceed t,
"crack his NUT He asserts that
"frOm 1871 to 1890 Northwestern
dividends paid were $l5, ,22l
Ratio of dividends 10 premiums,
5000. The Mutual Benefits div.
dends paid were $30,0G3,O92. Ratio
of dividends to premiums $31.99. In
other words he intends to say that
the dividend of Northwestern was
500 90 per cent. while that of the Mu
tual Benefit was 1871 so. Now we art
very sure, from the points given il
the first part of this communication
that the agent Of the Mutual Benefit,
Mr.. Rossington, would not intention
ally be unfair, and thereby misrepre
sent and mislCad in the use of such
figures, and we therefore must attrih
ute The use Of them to ignorance OF
the real facts.
TO be perfectly fair he should have
stated that the bulk of the North
western business is done on plans EN-
bodying the tontine principles, under
which dividends are not paid until the
end of the specified periods, and are
not therefore taken into cOnsidera
ton in the calculation of dividends
pHd, TO premiums received. His
company, the Mutual Benefit, has
never done any tontine business, and
therefore its dividends are all paid
and every cent of them is taken int,
III (uJ vi
dividends pail 10 premiums received
With this statement of the facts,
which he should have known, if h,
did not, the unfairness of such com
parison will he plainly seen, and hi
nut is not only cracked bit smashed.
The plain and simple truth is, tina
the Northwestern pays larger divi
dend than any other company, and
has done so for years. If the Mutual
Benefit agent thinks he can find
policy in the records of his company
of the same date, age and kind as the
Northwestern, rom six to twenty
years old, that will exhibit as large
profit, he is invited to produce it, and
we presume he will, if he can. If hi
does not produce it the superiority OF
the Northwestern over the Mutual
Benefit in div idend paying ability
must be admitted.
HARRISON n DORTCH, Agents
Northwestern Mutual Life Insurance