The Portland daily press., 1900-03-13
LIFE UAlERWRIIERS.
Annual Banquet of
Maine Association.
Many Distinguished Guests We're
Present,
Including Many from
Other States.
The Enormous Growth of the
Business Shown.

The sscond annual banquet of the
Maine Life Underwriters' Association
was held last evening at the Congress
Square hotel. IL was the best dinner,
the largest gathering and happlsst ocoa-
tion the association has known. There
were present many distinguished guests
from other states and from all parts OF
this state, and tie after dinner speeches
were Of an unusually high order. Those
present were: President James l., John
son of the National Association, Spring
field. Mass; David N. Holway, president
Of the New York AssC citation; CT. Dun
lap, J. NJ. Cooling, president Of the
Maine AEsooiatioD; 5. W. Carr, state
Insurance. com ID issioner; Philip II. Far
ley. New York J W. Fitzpatrick; knooh
Foster, p. j. Latrsbee, Lewis Malvern,
Edwin III. Northoott, u. X. Boothby,
Arthur l.. Farnsworth, Geo. l.. SWEET.
]. A. Hayes w. &c. johnson, Milton A
Jewell, E. p. True, 1. 5. Sawyer Thom-
as &c. Mcdonald, James Sinkinsos, Nj.
IL. Dunlap, p. +. MoGowan, Wan. Msr-
rill, j. Il. Clarke, j. b. Jones, il. n.
Hapgood, Nj. A. Alley, A. A. Word
bridge, q. U. Gauley, j. Il. Green, Il.
S.ISmith, ID. 6. Parker. G. Il. Cornish,
@. Ii. Preston, Richard Webb, }. O.
Small. ]. X. CoRswsll, W. Z. Emerson,
Lincoln {. Cummings, Wadsworsh Noyes,
J. Putnam Stevens.
The menu was elaborate and the dinner
was served finely aud was greatly en-
joyed. The tables were handsom ely ar
anged and magniHcently decorated and
in fact the Congress Square hotel did It
self proud. Chandler'H orchestra fur
nishe1 music during the evening.
President Gooding called the assem-
blags to order when the cigars were
lighted, and after making q few brief
remarks, in which he said that the Maine
Association was in an unusually pros
porous condition, ne introduced hr.
Charles +. Dunlap as the toaetmaster Of
the occasion. Mr.. Dunlap showed that
ne can not only talk life Insurance. well.
but Ithat he can be very graceful toast
master as well, ana he acquitted him
self very we'll IN this new role. The
first speaker he introduced was PIesi-
dent johnson of the National AssooiA-
ton, who spoke at some length. He de-
soribed the growth of the National ssso-
citation and told how other associations
were springing up all over the country
and the good they were doing among the
life Insurance agents and companies. He
said that this is an age Of organization
and that the life underwriters In orga-
nizing had done much to lift up their
Al.
sstF.
Insurance Commissioner Carr said,
among other things, in q very thorough
review of the insurance business, that
during the past year one hundred and
fifty millions of dollars had resn paid
in death claims and Of this sum over
one million had te5n paid In Maine
alone. During the past year eleven mil
Hons had been written In Maine, and to.
day there Is sixty-two millions Of life
insurance in force.
Tae Rev. Lewis Malvern spoke IN
happy vein and among the other good
things he sail. for be always ssys many
good things in his after dinner speeches,
was this; 81 an in the same business as
you ara, gentlemen. am life under
writer, too. Some Of you ars fire under
writers. too, but l observe that tonight
you have eliminated the fire uBderwrit-
ing business and ere simply life under.
writer's. That Is What the clergy man has
done. None of them ara now in the fire
underwriting business. We also rsssm bic
you in the fact that we naver tell lies aad
never praise our own particular line Of
goods"
Philip u. Farley proved an entertain
ing talker. He had many bright things
to say and talked much about the life
underwriting business, but one thing
seemed to make an impression on his
hearers and that WAS that the association
Of life underwriters has done away with
the distribution OF competitive literature
and the attacking of the good standing
of other companies. This has Improved
the business and has made the life un-
derwrlter an honest man.
Col. b. K. Boothby. president OF the
Board of Trade. spoke briefly and told
some good stories.
ID. ~ HoloWay,of Boston said, among
other things, that In single year one
billion ak hundred and fifty million dol.
lars worth of life insurance has been
written. In 1898 one hundred and forty
one millions were paid out and last yeai
ons hundred and fifty millions. The
United States leads all nations In life in
suranoe and at the olcse of the century