Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-11-17
Publicity of Life Insurance

country, the worst citizens, those who
should excite in our minds the most
contemptuous adherence, are the men
who have achieved great wealth or
any other form of success in any save
a clean and STRAIGHTFORWARD manner"
Second. Give western companies the
preference. They are safer, better,
more economically. managed. Their Of
flcers have been educated in the at
mOsphere Of honest western effort and
not in the atmosphere of graft. wes-
tern states exercise closer supervise
ion over insurance, their commission
ers of insurance are more honest, cou--
ageous and outspoken. 1t is we'll in this
connection to say that Massachusetts,
is an exception. She has one of the
most intelligent and fearless commits
sioners in America. He has stood like
a stone wall against the tricks of the
New York and Newark scoundrels. The
insurance commissioner of Missouri
has Just revoked the license Of the New
York Life and he ought to do the same
thing with the Mutual Life and every
Commissioners in the west should fob
low his example. am a policyholder
in the Mutual Life, but am perfectly
willing to see 1t forced into liquidation
by loss Of business, rather than have 1t
prey on the public as it has.
Third. Insure in the well establish
ed smaller companies rather than the
larger ones
Fourth-when an agent approaches
you ask for proofs of economy. See
to it that the cost is the minimum,
and if you can't understand his tables
of percentages ask friend who knows
to advise you what company to select
and be guided by his advice.
Fifth-Don't insure in any company
that pays large salaries. Large SAL
aries are simply another form of graft,
and If you find the president is draw
ing a salary over fifteen OF twenty
thousand, you cam make up your mind
that all other expenses are in propor-
ton A fifty or one hundred Thousand
dollar president is simply device to
rob you without danger of the pani-
tertiary.
sixth-Don't insure in any COM
pany that writes "Tontine' or de
ferred Dividend" policies.
Don't infer from what I have said
that company is safe because 1t IS
small. There are many small COM
panies organized for the sole purpose
Of robbing you. Two such companies
were driven out of this state by the
newspapers not long ago, and there
are still some here that are not cred
table There are three or four such
companies in Chicago and the Off
Gals OF one are now under indict-
ment. There is at least one fraudu-
lent concern in Minneapolis but they
couldn't run their skin game there
and it's officers have been indicted
Every mothers son of the men who
originated the cold Bond" steal in
this state, including ex-state officials.
ought to have been indicted. The in
surance department. OF Minnesota is
more exacting than ours Don't pa
tronize any company that writes any
form of gambling contract.
Then you should talk with your sem
ator or representative and get him
to promise to vote for any bill that
will prohibit gambling in Life insur
ance. Henry c. Prick, chairman OF
the committee that Investigated the
Equitable of New York, denounced
the gambling contract of the Equitable
in umneasured terms and then re-
signed rather than associate with
thieves. Old Depew laughed at him;
wonder IL the Kings Fool would laugh
now. Read what the New York Even
ing Post-0ya OF deeegze0 dividend