The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1914-08-25
The Prudential Insurance Co.

The establishment of a national in
stltute for the scientific study of insur-
ance is one of the numerous sugges-
tons embodied by President Forrest F
Dryden, of The Prudential Insurance
Company of America, in an article pre-
pared for the Worlds Insurance Con.
gress to be held at the Panama-Paci6c
International Exposition in San Fran
cisco next year. In the same paper Mr.
Dryden also advocates the inclusion in
the institute of an insurance museum
for the collection and preservation of in
surance literature, experience and the
documentary me;hods and means by
which the business has been carried on
in the past, and is being carried on at
the present time
"Those plans would tend measurably
to advance the dignity of insurance as a
social institution writes Mr. DRYDEN,
land make manifest in the most con-
venient form the services rendered by
sound insurance in all its branches 10
governmental, associated or individual
efforts to make the world a better place
to live in by eliminating the risks of the
individual life. Such an institute would
also serve as a means of welding to-
gether all of the numerous and at pres
ent widely separated insurance interests
into one vast national and even inter
national organization for the develop
ment and conservation of insurance as a
science and an art making effectively
! and progressively for human better
ment. ;"
Mr.. Dryden, along the same lines,
also urges anew the practical teaching
of insurance as science in universities,
commercial high schools, and other
public institutions of learning, the same
as is now being included in the curri
cu1um of some colleges and preparatory
schools.
The Prudential Presidents article
was prepared at the request of Commits
sioner of Insurance w. K Halfway,
who is to be in charge of the World S
Insurance Congress to be held at the
San Francisco Exposition, and besides
the three features already referred to,
also includes brief explanation con-
corning the exhibit the Prudential In.
surance Company extends to present to
the Exposition visitors This exhibit,
which will be unusual, will not be limit
ed, Mr.. Dryden states, to the methods
and results of insurance, but is expec-
| ted to embrace an extended considera-
ton of insurance history from the
earliest times, insurance architecture as
ii appears in the buildings of the lead
ing institutions, insurance mortality ex-
perience, and insurance in its relation to
public welfare as illustrated by the mum
erous problems of public health and
personal hygiene all over the entire
western hemisphere. The Prudential
exhibit will be in the section on Social
ECONOMY, which has been assigned
space III the Mines Building, instead of
the Education Building, as originally
planned.
The subject of taxation of insurance
as a social and economic problem, the
commercial aspects of insurance, which
always have been an integral element of
commerce, the more effective and COM
prehensive supervision of new forms of
insurance SO that the prestige of the
business may be enhanced and the chan
ces of unintentional error or deliberate
fraud mininlized, the coordination of life
and other forms of insurance to public
health activities and the great problem
of social insurance are other matters
touched upon by Mr. Dryden in his
paper.