St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1896-04-17

than the actual results VIII suoW'
Yonr Chances of Receiving the Above.
1t might also be interesting to the
general public to estimate the chances OF
receiving this distribution dividend, ana
| find in this same book another interest
ing table showing that out OF 3S,7ol
policies representing over one hundred
and twenty-nine million dollars in insur-
ance in one Of the above companies,
only 492 policies, representing Urine
over one and one-half millions, that ter
minated in 1894, received their share OF
The accumulations The other company,
out OF Al 1862 policies, representing one
hundred and twenty-five million dollars
insurance, only $50 policies, representing
less than three million dollars received
accumulations, as before mentioned.
You will therefore see that less than
one and one-half per cent were in at the
distribution period, which IS a remarka-
bly, bad showing for this particular plan,
and in these figures no notice IS taken OF
policies which were never tai en-, which
would swell them greatly in excess OF
the above figures The laws OF the state
of Massachusetts forbid and prohibit any
companies organized in that state from
writing any insurance OF this nature
and at several different times legislation
has been tried to prohibit any company
from writing these gambling, long
winded, iron-clad contracts, but on ac-
count of large interests of these tont1ne
companies, and the influence brought to
bear in the legislature, through what
means know not, so far this bill has
been lost, but l certainly think it will
come in time.
Mr.. Drew's article would have you be-
lieve the Mutual Life was above re-
proach, but if so, why did the United
States Investor, one of the foremost
financial papers in the United States,
in many long articles last year, show the
Mutual Life management in regard to
investments, commissions, expenses,
ETC., to be extremely bad?
My Challenges for the Past Few Years.
am willing to admit that | have made
many challenges to my brother agents in
the past seven years on the strength OF
the great increases made in every depart
ment from year to year in my company,
the State Mutual, and know thatit has
worried the agents extremely, because
they could not match any challenge that
| ever published, and therefore have been
stumbling block to them and their COM
panies, on account of my being able to
hold out the inducements that l have
done. At several different times the
agents have talked hematter up between
themselves to see fit was not possible to
pull me down from my high horse" but
; when they came to look at facts ant
figures, they have all had to "bacl
water" with the exception of our las
years financial statement, which chal
5 lenge l promulgated before seeing any
statement of any other company, Their
= was one agent who discovered that h
could Just barely beat me on one poin
e out of seven, and with great flourish o
trumpets he protested to annihilate m
and my company, but when he came tt
figure out the percentages he concludes
that he would only try to match me O.
two points out of the seven, which
agreed to, if he would concede the othe
five points without arbitration, bnt thi
e he fatty refused to do. I'm surprise
e myself that my company, insignificant a
e Mr.. Drew would make you believe, coul
e make the showing that they do over a
IS other companies represented in this stat
but it is fact and glory in it.
, Mr.. Bumblebee Hastings, Esq.
acknowledge thepretty title that M
Drew used in connection with my nan
in last week IS advertisement. but woul
say that cannot find the name of bur
blebee in any dictionary, but l suppo
he means humble bee, which is known
be of great use in carrying the pollen fro
flower to flower, fertilizing the same. ar
doing great good in his humble way, ar
n liken myself to the afore-mention'
insect in appearing before the public as
IS. straightforward, honest, insurance sol
JIG itor, and have the satisfaction of knoN
ing that never secured policy for al
nv man in my life that know of being M
represented or in any way unsatisfactory
How much would Mr.. Drew give to
as able to say the same? He admits beil
al &c years old, and in the insurance Blu
II ness for 20 years, but from the langua
s. he uses and the mud that he slings, c.
VI tainly think, mot known, he would n
ID be judged to be over schoolboy's az
al and as far as disgracing the business
ny he has not done it, should certainly Ii
" to see the agent that has.
tie
Ia A Peculiar Statement, to Say the Leas
,+a In last weeks advertisement Mr. DR.
,er tells you that Mr.. MCKINLEY, who st
nd him for Misrepresentation and W
M awarded verdict of $4,000 and cos