The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-03-01
irplus January. !. 1888 ....... 1854. q
The General Results in 1897


The General Results in 1897
have been satisfactory. notwithstanding
conditions not wholly favorable. The re-
covery from the previous business depres-
sion has not been as rapid nor as complete
as many had hoped. the uncertainties of
a confused currency system still remain TO
Keep prudent men wary: great caution has
prevailed as TO extended and new under
takings; the demand for loanable funds on
our usual standard of security has been
small; the price OF desirable bonds has In
creased. which means lower interest rate
on such securities: the iiqudations grow
ing out OF the depression of the last five
years, which have made II necessary to
foreciose some of our mortgages. have not
entirely ceased. and the market for real
estate has. in consequence. seen no general
revival such as may be anticipated when
all these disturbing conditions shall have
disappeared. Although there has been
growing amendment In some OF the con-
dstions affecting the manysided opera
tions of life insurance company. some
thing of the special difficulties of recent
years has remained.
What Has Been Accomplished.
1t is therefore gratifying that at SUBJ
stantfally the same unegualed low rate Of
expense as heretofore. we have more than
Kept our volume of business good. have
maintained 10 the fun the eompany's
great strength. and from the savings
through economy. from the savings on a
mortality more favorable than our calcu-
lation, and from the interest earned over
have earned a dividend the same in
creasing scale as that paid during the year
1887: dividend eQualed by no other cont
pany.
The Full Measure of Our Success.
In Judging the success OF A company
one should have clearly In mind what Is
the precise best standard of accomplish
ment which il can set for itself: the high
est which the business intrinsIcaiy per-
mits: To completely realize which Is the
only true success. and falling which, no
achievement in the way OF magnitude in
operation can be other than comparative
failure The Connecticut Mutual takes for
hs single aim the one peculiar service
which life Insurance alone can render and
which no other institution can rival: The
perfect protection OF dependent families
at the lowest possible cost-the cheapest
simplest, most thorough family protec-
ton. BY dint of incesSant care and econ
on1y al every point It has succeeded and
does succeed In this purpose as none other
has done or is doing. 1t secures the best
and highest obtainahle results from the
prudent and unselfish poiicyhoider's point
of view. and 10 make sure of and TO main
tain these Il steadily foregoes those things
for which others strive at such fearful
cost. TO Wit, rapid growth and enormous
size: things very impressive even start
ling, TO the general eye. but which do not
benefit tho policyholder in the slightest
and which can be had only at an enor-
nous cost; which he must pay.
Therefore. the Connecticut Mutual re-
fuses to seek 70 attract any other constit-
uency than those who desire TO give their
"a miles and estates the highest protec-
tion at its lowest possible cost. in furnish
ing which IL stands alone. And we deem
Ii our duty to our present great member
ship 10 consider their interest first. 10 do
the best We can fer them 10 make their
insurance as secure and as cheap as pos
sibe, rather than seek to greatly increase
their number by schemes which would
greatly increase the cost of Their iusur-
ance and benefit them in no wise. We pre-
fer 10 draw 10 us as new members those
who desire TO share in the present low
cost OF insurance to our old members and
who can appreciate that benefit at It's full
value. rather than attract men by speCu-
lations In dividends pos poned ten or
twenty years. OF great apparent promise
in the far future. the promised or "esti-
ma ted benefits Ct which could. al least
be realized for bat few by the sacrifice
Of the many. and which. by reason Of
the enormous expenses Of the companies
floating them have so far been and must
continue 70 be egregi0USly disappointing
Thousands 81 their old polIcyholders know
Just what we mean.