The daily morning journal and courier., 1902-01-27

devoted his time to study Of its
 principles, mastering the theory ol
 finance, the construction or tables aV-
 erages, percentages, compounds lu'
 turtles and scientific monetary ecoh-
 omy, About 1865 he read report on
 the subject of industrial insurance to
 the Massachusetts Legislature by
 Professor Eleazer Wright, the State Insurance Commissioner. It criticised
 the methods of the Prudential lnsur- ance Company of London, England. MT, Dryden procured all the reports of the company and analysed them' and decided that the insurance com missioner was wrong. This gave him the idea of formulating an industrial 1 insurance system for the united States. He submitted plans to some New England capitalists, but they were not received with favor
 In 1773 MT. Dryden went to Newark and interested such men as Noah F.. Blanchard William H. Murphy, father of Governor elect Murphy; Horace All ing, Leslie D. Ward and others. A bill was passed by the Legislature, and in 1875 the Prudential Insurance Com
  it's inception MT. Dryden was the soul and spirit of the enterprise. For seV- eral years he was secretary, and when Noah F, Blanchard, the president, re- tired, Mr, Dryden succeeded him.
 The steady faith, the unconquerable will and indomitable energy ot MT, Dryden carried the company through several crises and overcame many for midable q difficulties until the company became firmly planted and began its great growth, From the basement or the State Bank the institution moved into the Kremlin building, and thence to the S2,000000 stone structure at Broad and Bank streets, built by the company, which has recently been add ed to by other great and ornate build iugs, making the finest single group of office buildings in the world.
 MT. Dryden was one of the founders of the Fidelity Trust Company, started fifteen years ago, which is about to in- crease its capital to $5OOO,000 and to organize two or more banks into one large bank, under its control, He is largely interested in the North Jersey Street Railroad Company, and is one of three owners of the Newark and South Orange line, subsidiary com pany of the North Jersey system. These and other interests are, however, commonplace to him compared with his love for the Prudential, the great child of his creation, and his interest in it's workings. He is in close touch with the multitude of details of the vast system In the construction of the office buildings he gave daily audiences to the architects and worked on the plans and estimates with an interest that never Jagged. His recreation is taken in superb home in the High lands.
 A Republican all his life, MT. Dryden has taken an active interest in public affairs. In 1896 he was one of the New Jersey Republican electors, and served again in that capacity in 1900. When the term of United States Senator Smith expired MT Dryden was put for ward as a candidate for the seat, but he made no effort to attain 1t, and gave no encouragement to his friends. En- grossed with business affairs, he has shown no desire for public office, though always keenly alive to party interests. In the last campaign for governor he appeared at a great meet ing in the Newark Auditorium, and made brilliant speech in favor of the election of Franklin Murphy. To the party organization he has been a gen. erous contributor He is one of the State committee to raise funds for a memorial to Mckinley at Canton, | Ohio, and he is steady contributor l to religious and charitable objects New York Tribune.