Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-08-17
URGES NATIONAL
DEPARTMENT Of
LIFE INSURANCE
T, F. Dryden Sees Need of Sci
entific Study as Economic
Necessity.

forfest Il. Dryden, president of the
PRUDENTIAL Insurance Company, urges
ihe establishment of a national insti-
tuition for the scientific study of in
shranee, in an article prepared for
The Worlds Insurance Congress 10
oe held at the Panama Pacific Inter-
national Exposition in San Francisco
next year. Mr.. Dryden also adyo-
~'fes the establishment of an insur-
ance mus I'M for the collection and
preservation of insurance literature.
fhose plans would tend measur-
apiy to advance the dignity of insur-
shce as social institution" says Mr..
dryden. and make manifest in the
most convenient form the services
rendered by sound insurance in all
It's branches to governmental, asso-
GATED or individual efforts to make
the world a better place to live in
by eliminating the risks of the indi-
Nlaual ilfe Such an institute would
also serve as a means of welding to-
sether all of the numerous and at
present widely separated insurance
interests into one vast national and
even international organization for
the development and conservation of
insurance as science and an art
making effectively and progressively
iod human betterment."
Mr.. Dryden, along the same lines,
also urges anew the practical teach
ing Of insurance as a science in uni
Vefsltles, cor ~'' Al high schools and
other public utions of learning,
the same as being included in
the curriculum - some colleges and
preparatory schools.
Prepared by Request.
The Prur ntial presidents article
was PREF al 4 at the request of Com
missioner of Insurance w. l.. Hatha-
way who is to be in charge Of the
worlds insurance congress to be held
at the San Francisco Exposition, and
besides the three features already re-
ferred to. also includes a brief ex-
PLANTATION concerning the exhibit the
Prudential Insurance Company in
tends to present to the exposition
visitors. This exhibit, which will be
unusual. will not be limited, Mr.. Dry
den states, to the methods and results
of insurance, but is expected to en-
brace an extended consideration of
insurance history from the earliest
times, insurance practice throughout
the world, insurance architecture as 1t
appears in the buildings of the lead
ing Institutions, insurance mortality
experience, and insurance in Its rela-
ton to public We are as illustrated by
the numerous problems of public
health and personal hygiene all over
the entire western hemisphere. The
Prudential exhibit will be in the. Sec
ton on social economy, which has
been assigned space in the mines
building instead of the education
building, as originally planned.
The subject of taxation of insur-
ance as a social and economic prob
lem, the commercial aspects of insur-
ance, which always has been an in
tegral element of commerce, the more
effective and comprehensive super
vision of new forms of insurance so
that the prestige of the business may
be enhanced and the chances of I'M
Intentional error or deliberate fraud
minimized, the CO. coordination of life
and other forms of insurance to pub
lie health activities, and the great
problem of social insurance are other
Hnatters touched upon by Mr.. Dryden
In f5is paper.