New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-16

company receives its apportioned share.
surplus would be 81 100000 larger than we
II II tested strength by the legal stand
by the State departments and by other compan
les Computed by them our surplus would be about
100000
NEW BUSINESS
We have steadily adhered honored principle
seeking only such good safe business IN the heany
mart. Of our own country only as could he had without
increasing and increasing the COST G" IN
great has been laid By certain COM
ranics aboring under certain necessities OF 'e own
creation on imperative need Of great volume OF new
hu.n.s. every wear and they so violently ccise those
who do not follow their lead. that not few managers
regard themselves justified in meeting hard times WIN
expenditure rather than allow failns OF III "o"
risk appearance Of enterprise Is to be maintained
whatever their policy HOLDER Divideho' must
not stand In the way.
The Connecticut Mutual is large and It's business 80
stable that ~ does need make size or growth a
matter q secondary importance. Its first aim
make Its policies secure. s second. to make 'hein
little possible through and prudence
and then from such business low rate 81 expense
will without making policy holders hlNi-
denis 1t takes ami in hard times
n takes II happen. cost to the present
members il vital q life Insurance that. IN
View. that element he properly taken care ~ Inc
matter OF growth a thing bc anxious about. II
will take Of itself in the that needs no saor-
fee Of existing interests.
ORR EXPENSE ACCOUNT
in $50, was only 90 per cent. of the income ratio
materially than that - competitor and much less
than half that the pushing companies
The correspondnSiy less than in
those companies The Of insurance Is and for
a long time been decreasing each year. the cost Of
theirs is and FOR a long has been increasing
COMPETITION
The Tontne schemes Of one another in use by
many companies require extraordinary profits 70 make
extraordinary dividends promised in but postponed to
futdrc. These profits TO come from iori"i'nr"s
ard great many needed for larse amounts. for III"
success Of tie plan 4 grea, new business furnish
great foreiures the pool h" the central Idea
and aim Il scheme the end 10 which every
nerve The business must he kept ahead
~ the forfeture. This makes competition exceedingly
sharp
For example one NeW-York company 1894 the
enormous amour, Il and now nisn@s
But had lapeed and surrendered. besides is death
losses and endovnen's 4 $io~op0 the gr'a sum
Of over sijGo,o.c". ~ per cent u what had N
force =, beginning 81 the Several other COM
panics striving outdo n possible or At least equal
this lis account is =; per cont ~ rs m
come and ben hieh that for many >'a'' VS.
rivals behind IN liberaly II plan 81 ">p'ndi'"
II Is useless for honest legitimate competition on
examination - real merii-ind"r such condition. TIL"
business solicited upon 'Unningy devised I''r' upon
deceptive estimates q Profitable Investment" which nav"
never fulfilled usually secured ~ heavy ="
bate on the premium. Whoever paws one - 'h"~" com
hi, premium - if'"
ably being dscrimaa'ed against by IL" agent
Under these conditions the Connecticut Mutual SIN
offer, plain lie protection 20 H." family ara
frios 10 make attractive simply hy making p'ri''i W
tina, end and by keeping DOWN ho SO pas-i'"
point realize the ideal results - "sitim"i"
business and ac'ks 80 attract TO - membership 'h'
those who want oniy such .esgis and ao nni want %
speculation IN 'helr ,au,s protection Md DOCS n''
r., Il, mali mo man n.rk Pc is getting h'. n.u'nn'e
cheaper than any other - TIE 40" ~ n' ""'
el-, or NJ than trie cost.
INVESTMENT INSURANCE.
Hu, rian no Insurance ls- contest 'he n'il sin
called Investment Insurance" ~ Z anything lie
".n,esinen,' could com. ou. = r,mIaui,. CHAT take
rom nf.eea o., 'ncnfs-C,c or .,perfs 0Ht DC
every dollar hat comes Tt~ ',s - foundation r
concealed ofIinar, %, arrangement ' poet
pone al dividends o, twenty 'etr' OBJ" longer
ih~ tine H.. higher 'he crnnsion CD o.. agent sni '
rebate =, to applicant Who.ter le. leaves te1i tr
all the sufpu. pf.n have ato'" 'n" proper
est 2 Carrying Insurance fhl~ DO ."' ana fh'~
WI, lapse forfeit -ufuiu. avs a.' al nf AS"
part - Clio rc,rses ac,uuia'~i rom fher prem nn' n
re har. hat fhe frfeifu-.s sil 10 many % f
~ hoe ,ate D.. goat ',p~1''s ani f1'r-h f-"it
dividends those who i've through 'hc s'" Hni ''~p
40 their police. Tie luro-ai' fni cYrf = betting
men to speculate What olrat % DO aiHa'ry ~s't'i
20 80 protection = the- .vn ar1 ot'r n'n. ''n. '
%, .u~ r4' 90 "r-f n.a'es anl ODD u'''a'i.'r ia."
tempted multitude np' 0nr % t'sarp''n'n'n'
IT, illustrate on. = 'he great p'n'"f' n th' ''f' ?
speculative NE tt.lfnf IL .'llik .Ia '-A. '''
d.,ierd IN T.rine policies .'uei 'Nea', ears ago i'
then estimate - that dividend policy 2 5000" ar
nual lie premiums - -. $3.50 Dr. Is PAYING Only
7ai jusi % ~ T.r cent. = - ~sir-'" '"' :
millions = dollars = reserves and urg'n'i 'nfi -
m iapsed vlice. ~, ought have s0n~ - give some
.mn.n, = protection - families . those who lrit
OF 90 enable them keep ~ heir policies tnf" been
forfeited - 'he Tontlne poll ilf r~ rr'a 'sp"n-"" ~
f1ng la'it~ husir"s~ a. ote- 'h~ Void
have eaten ~ 'pfon's' ana len tr 'tai rn'h op'
come
Marx now how me dividend producing power = th,,
speculation steadily Tie o'nIany referred o.
those treni>-sear Tonin"' 900 ISL 'ni
therefore nrsi paid went, -y~or I'nin" dividend ln
iSai on policies Ike 'hc iIs' cited rat dividend
pa. estimated A. s9iiG Here ue d'.d'nls paia.
On policies ls7i ne dividend iS'i was s''d
- per - ft- estimate policies i''rei 90
~: TIE dividend paid IN 1897 s. $50 ~ i1' per
cen, o, the ,simAie on policies ISSUED is3 'te if
lAeni paid IN 1893 3GS ~ 81 ps- cent = tie
estimate on polce. ss.~d IN 1874 the dividend paid In
~ 90 I'r cent u me estimate. 'n poll
che, issued IN 1873 dividend paid 1896 is 81 oi ~
30 20 per cent - The "stima'~. IcfhaIs The '"mp'n
Itself furnishes the this hs'of, IFS
pref.c. 10 It's book II "E,,ins'es' u,el hv agents
while % o.. futur" must n'r~ssa depend
the c,pericnc" = 10" future. hg.f's 'asrTl "n
pas, experience furnish a,,ainaie data upon
which lucg~ Of the management - The society ana
the value - ~ Tontine Sssurnnre.'
when these policies have received ther 'n" Ioni""
dividend they fell hoch into III" annual dividend lass
And the annual dividend. slight
kS the 'investnent" quality die. ont Of
varied conceal tho - ssfan" sni 90
the Illusion giving much Tor iit,r tn" policies
made have appearance ~ nb"ralitr Ha o. '"i
ditions which false Iart AMI Tor the t's' part
destructive ~ honest nuiral.V ami 81 pablo morality
The legitimate business II NE lnsurin,e company -
tho pa death premium. pail b.
members. Asidr from making - contracts absolutely
just secure. the great merit administration is -
li'il. Io.sb!" rom member 10 do
the huness ch"aplS possible. max" their annual
payments small possible. 10 convert Oh"
of losses 81 into Investment operation
absurdity. Any advantage n favored Few can
be only by the wholly needless sacrinces ~ nul-