Newspaper Page Text
T W4
shjjPyf
1 &
fc
l&faffs I' fo
8Y AUTHOnifY.
Notico to Corporations.
All Incorporated 'Companies who
liuVe fulled to Ilk- tln Anuinil Exhi
bit ot their nlliiirs iia of Jul) 1st,
1889, in accordance with the require
ineuU of- See'tion 11-1 1 bf the Ciil
Codf, (Jha'ptor 30 of the Laws of
180, nnd of n Notice published by
Authority, under date of June 27,
1889, nre requested to file the same
at the Interior Office without delay.
Blank forms for this purpose ciui
be obtained upon application to the
Chief Clerk of the Department.
l. jl; thubbton,
Minister of Interior.
Department interior, Aug. 10, '89.
327 3t
Notice to Exhibitors.
Foiseiun Office, )
Honolulu, Aug. 13, 1889. J
Tho Hon. Paul Iscnberg has ap
plied for permission to remove tho
Articles now at Paris, after the close
of the Exposition, to Bremen where
it is proposed to exhibit thorn in nn
Exposition to ba held in that city in
June, 1890.
ProVided no objection is iccciveil
from Exhibitors at this olhets prior to
August'23th instant, permission for
such removal will be granted.
325 3t
'X JI OE
iaiXu fUTTitfttt
Pledged to ntilhcr Sect nor Party,
But established for the benefit of all.
FRIDAY, AUG. 1G, 1889.
THE PROBLEM OF THE HOUR.
Mr. Kinney's letter published by
the Bulletin to-day ought to recall
Attention to the political situation.
Previous to the late uprising there
could hare been little doubt that
the Chinese question would be a
leading issue at the coming election.
The by-election for Noble last year
gave sufficient foreshadowing of that
contingency. Since the reactionary
party's unsuccessful attempt at a
revolution, however, previous defi
nite calculations upon politics have
been to a large extent upset. Mr.
Kinney as much as intimates that
the pro-Chinese party are willing to
take advantage of the necessity of
union, on the part of all who desire
the maintenance of responsible gov
ernment, to push the Chinese ques
tion out of sight in the coming con
test. He hints at the true situation,
however, when he calls attention to
the classes to whom the gratitude of
the country is due, in a high degree,
for, first, obtaining, and, secondly,
maintaining popular, constitutional
welf-government. It is not neces
sary to fill columns with argument
that the classes of whites and na
tives, whose votes are essential to
holding fast the fundamental reform
that we have,, are being pushed to
the wall by Chinese competition.
Nethine is more evident to the eye
of an intelligent observer along our
streets. Even without this ocular
demonstration it ought to be enough
with other classes that the working
and tradic people cannot be put
out of their own witness that the
Chinese are taking the bread out of
their mouths. .So large a body as
these classes are, and so important to
the salvation of the state as they have
proved to be, both in perilling their
lives and peacefully casting their
hallots for free government, their
views are certainly entitled to res
pect and, unless shown to be in
error, ought by all the principles of
popular self-government to be given
effect in legislation.
There is no discounting the force
of the exposition made by Mr, Kin
ney of the relative attitudes toward
each other of the two parties on
this question. The party opposed
to Chinese restriction are not only
reluctant to grant any concession,
but nre under the imputation of
using backstairs methods, supposed
to have been abolished in 1887, by
exerting unconstitutional private
pressure upon the Ministry to aggra
vate the evils of Chinese ascend
ancy. On the other hand, those
working for a policy that will bring
to an end the competition of Chinese
with the enfranchised, citizens of the
country arc tendering every conces
sion in reason to tlie planting guild,
the only class in whose behalf the
necessity of any Chinese immigia-
itrm la openly fl&wlcrl. WUeiktt, It
there la nUtunl peril to aftllslltultotml
gOYornmenl from n division ot its
support upon the Chinese "question,
the luBscr evil is tho waiving of their
claims in the approaching contest
by tho anti-Clilncso electorate, is
the momentous problem of the hour.
As there is no answer hut one to the
query, "What is the world to a man
when his wife is a widow?" so white
and native aitisntis and traders can
have little dillleiiltv In deciding for
themselves when confronted with
Ihe question, "What Is fiee self
government to us if e are to he
robbed of participation in its mater
ial advantages?"
It is the turn, we believe, of the
planters to make sacrifices, if such
be involved, for patriotism. When
the pro-Chinese advocates have been
socn driven to the resort of abstract
disquisitions upon what they call
"justice," the inference is that they
have no claims beating upon their
own rights in behalf of the Chinese
which arc tenable. If the Chinese
were fit for the franchise of a nation
ruled according to western civiliza
tion, we should say let them have it
and everything in which the fittest
was to survive. No such claim is
or can be made for them, and
justice, so far as tenancy oi the
country is concerned, does not enter
into the question. Those who make
the state are the ones against whom
we should be exercised not to work
or perpetuate injustice.
Auction Sales by Lewis J. Levey.
Medium Bread
A.T AUCTION.
On
SATURDAY, Aug.
AT 10 O'CLOCK A. .11.,
I will sell ut Public Auction, fit mj
Salestooiis, corner of Fori unci Queen
streets, for account of whom it maj
concern,
of Hi
Just Landed ci "Lady Lamptou."
TRItSIi CAHII.
LEWIS J. LEVEY,
Auctioneer.
It20 2t
ENGLISH ALE
AT AUCTION.;
On SATURDAY, Aug.
AT 18 O'CLOCK XOOX,
17,
I will sell
Salesroom",
street11, for
concern,
at Puhlie Auction, nt my
cornel of Fnrt ami Queen
account of wliom it may
6 cases Bass Ale in qts
20 cases Bass Ale in pts
Boar's Head Brand In Hoiul.
TKIiaiH CASH.
LEWIS J. LEVEY,
320 2t
Auctioneer.
1). 11 LEWIS.
r. St. WHITE.
New -:- Business -:- Agoiity
Hell Tele. 4i 1. O. Box 70.
LEWIS-& -WHITE
HAVK oplned an office
No. 16 Kaalmmanu Street,
For the TranFac'iou of General
Business, embracing:
Adjusting and Exporting Books.
Keening Accounts tine; Making Out
Bills
General Collection'.
Hontc9 Let nnd Rents Collected.
Heal Kstato Bought and Hold.
Searching Records.
Ahatrneia of Title Furnished.
Drawing of Deeds, Lease, Contracts,
Agreements, Etc.
Copying and Engrossing of all des.
criptions.
OuMmn House Entries made and
Goods Cleared, Etc., Etc.
The varied business experience of the
members of the firm U a sufllcient gut",
nimvof cnpilillllv on their part fni ilm
dUehnrge of nil mutters entrusted to
them. By fiiithtul nnd prompt atten
tion to tho Mime nnd by nnuoniitile
rhiirqcs for nil kcivIccs, they hopo to
mrrit general patronage.
3:'7 tf giKWlS A WI11TF.
NOTICE.
ALL persons nre hi ruby strictly for.
bidden tioin fltdiing or otherwise
trespassing on Iho sea Ihhery o Kaaln.
v.ii, oil Dinnv'tiri I J end.
II. I HKKTELMANN.
Honolulu. Aug. 1fi. 188i). !I2'I Iw
NOTICE.
A I I. bills due to mi) not paid by the
2 -I'll of this month will be placed
in tho bunds of u collector
JO?. I1UIJA8II.
Hoiohi'n. Aug. Ki. 18M). 321 ld
MEETING NOTICE.
AQUAIt TERLY meeting of the Hoard
of TruMi es of the Queen's Hos.
pltal will be held on SATURDAY, the
lib September, 18 0, at 10 o'clock a, m ,
at the Uooms nf tho Cham tier of Com.
mercc. Iliiuiui es of importance Amend
ment of the By-Laws, 1'er order.
. A. SCIIAKFER,
320 liu (secretary,
ii a fi..)sbi it. mm t mtisttiUWAt. n i.. AitfiMitflMis im
j"-wzmnzrmTw- " T""
,i ij,iywtjfy
In the Year
u
The Executive Special Agent of tins Mutual Life Insurance Company
having deemed It advisable to publish eomparatUo statements between
the l'qultable nnd Mutual Life Insurance Companies, the undersigned Gen
eral Special Executive Agent of tho New York Life Insurance Co. for the
Hawaiian Islands, deems it his duty towards the many policy holders nnd
the public in general to lav before them the following comparative state
ment ot the itemized reports of the NEW YORK LIFE jnd the
MUTUAL LIFK for tho year 1888, filed with the liisitrnueo Department
of the State of New Yoik :
rK?I-IE: TtjEW YORK LXXE!
-Wroto Moro Insurance.
2 Received More Premiums.
3 Earned Moro Profits.
4 Paid More Dividends.
The New Yotk Lifo'c Doath-Roto aid
Tlie Mutuul Life's Death-Rato and
Item3 of the
Two Cumpanios Compared
New Insurance Issued in 1888 $
Insurance in Force December 31, 1888
Untio of .New Insurance to Amount )
in Force Juuuuiy 1, 1888 J
Gain in Insurance m I'orcc, over
3r)
Amount in Force January 1
1888
Total Assets December ill, 1888,
lHoB, j
ranee
As Admitted by Insur;
Department
Total Liabilities to Policy-holders.
ers. . . .
Ton-)
Poll-
.... j
Surplus Specially Reserved for Ton-
line, or "Distribution," 1'
General Surplus
Total Surplus December HI, 1888. . . .
Gain in Assets in the Yuar 1888. . . .
Ratio of Gain in Assets in 1SSS
Gain in Surplus in 1888
Assets to Kacb S100 Liabilities
Surplus to Each S100 Liabilities
Surplus to Kaeh 81,000 Insured
Total Premium Income in 1888
Interest and Rent Income in 1888. . . .
Total Income in the Year 1888
Total Disbursements in 1888
Gain in Piciniiiin Income, over 1S87. .
Gain in Total Income, over 1S87 ....
Excess of Income over Disbursements
Insurance in Foice December 31, 1888
Death-losses Paid m 18S8
Death-losses and Expenses Paid in 1
188S
Ratiojof Insurance Premiums to
Insurance in Force December
31, 1888 ". j
Ratio of Interest to Death-Loses Paid
Ratio of Death-Losses Incuircd to )
Insurance Premiums )
Ratio of Death-Losses Paid to Income
Ratio of Death-Losses and Expenses )
to Income
Dividends Paid Policy-holders
On Insurance in Foice December )
31, 1887 j
Gain of Surplus m 1888
Total Prolits Eaincd in 1888
Ratio of Profits Earned to Insur- )
nnce Picmitims )
Ratio of Piofits Earned to Insur- j
ance in Force Over One Year. J
lutei est Income, Last Eight Years $-2fi,!)S 1,920
Death-Losses Paid, Last Eight years 22,.r73,0oli
Interest Income More (-F) or Less ( ) -f-3,107,OG-l
than Death-Losses Paid, last 8 Years I Mom:.
Advantage of New York Life
RECORD OF INSURANCE WRITTEN,
DEATH-LOSSES AND EXPENSES,
New York Life.
Mutual Life. . .
New York Life.
Mutual Life...
New York Life.
Mutual Life. . .
New York Life.
Mutual Life. ..
New York Life.
Mutual Life. . .
New York Life.
Mutual Life. ..
1877 & 1878
1877&1878!
1879 & 1880
1879 & 1880
1881 & 1882
1881 & 1882
1883 & 1884
1 883 & 1884
1 885 & 1880
1885 & 1880
1887&1888
1887& 18881
- Hi S
- r 8
' 2
o -1
i ST
l
CHANCES OF POSBTION SINCE 1878.
In 1877-'78 the New York Life's New Rubincss was 812,085,113 Leas
than tho Mtitual's.
In 1887-'88 the New Yoik Life's New Rusiness was 858,781,882 Moro
than the Mtitual's.
'In
In
'In
1877-'78 the New York Life'b Total Income wa3 821,535,317 Less
than the Mtitual's.
1887-'88 the New York Life's Total Income was 82,873,830 Less
than the Mutual's.
1877 and 178 the New Yoik Life's Ratio of Death-Losses and Ex
penses to Income was 9.52 per cent. More than the Mutual's.
i"'
1887 and 1888 the New York
penses to Income was 9.88 per
NOTE ON GAINS IN SURPLUS.
Of the Mutual Life's Gain in Surplus, nearly one-half (8710,100) came
from prolits ci edited lo "Profits on bonds, stocks, or real estate sold, contin
gent guarantee account." The Mutual Life's dividends paid were
$502,345 (18.93 per cent.) less in 1888 than in 1887. Its surplus earned
was 8298,930 less than the New-Yoik Life's, on laiger assets and more in
surance. The Mutual Life has been issuing Five-Year Dividend Policies Mnce
1881, and Ten, Fifteen, and Twenty-Year Distiibution Policies since 1880,
but as yet has made no apportionment of surplus thereon. Tho General
Surplus of the New-York Life is nearly as large as the Mutual Life's Total
Surplus, while the New-York Life has a Special Surplus of over Six Mil
linn dollars for Policies upon which dividends aio paid, at the end of periods
of Ten, Fifteen and Twenty yeais. The Mutual Life's Liabilities aie
838,471,110 more than the New York Life's.
1. The New-Yoik Life's New Business was 821,073,097 (21 jut
cent.) more than the Mutual's, The New-York Life's Expenses were
8555,507 less than the Mutual's.
2. Tho Mutual Life's Mean Amount at Risk was only j-evenlccu per
cent, more than the New-York Life's, but tlie Mutual Life's Death-Lostes
were nearly sixty-four per cent, more than the New-York Life's.
3. The Ntv York Life's Annuity Rusincss is larger than that of all
other American companies combined. As Annuities aie the opposite of
Insurances, it follows that, in case of a wide-spread epidemic, the New
Yoik Life would suffer less than other companies, us a heavy death-rate
among annuitants would tend to offset a heavy death-rate among insures.
In conclusion I would say, 1 leave it to tlie public, after a careful
perusal of the above llgures," to say whethor the Mutual Life Insurance
Co, has to-day a claim to advertiso itself nt fio best Company paying
the largest dividends,
C. O. BERCEft,
General Special Executive Agent New York Life lusuranco Co.
- .t f .
fmt&mm
vs. MUTUAL
1888.'
5 Gained Moro 'Assets &. Surplus.
6 Gained Mora Insur. In Force.
7 -Had a Lower Death-Rato.
8 Hod a Lower Expense. Hate.
Expense-Hate Both DECREASED.
Expense-Rate Jioth INCREASED.
NEW YORK
LIFE.
125,01'J,731
419,88(5,505
31.83
Per Cent
00,950,909
10.98 Per Cent
92,685,00:2
79,135,903
0,423,777
7,125,322
13,519,099
10,178,708
12,31 Per Cent
1,702,300
117.12
17.12
32.27
23,500.010
1.310,504
21,871,171
15,389,(510
2. 733,7 IS
3,280,329
9,481,501
419,880,505
1,412,050
8,828,590
45.37
to each SI, 000
97.70 Per Cent
24.79 Per Cent
17.74 Per Cent
35.49 Per Cent
2,309,488
358,935,530
1,702,300
4,011,791
2 LOG Per Cent
11.18
Per 1,000
MUTUAL
LIFE
8103,310,034
482,050,579
24.17
Per Cent
54,407,220
12.74 Per Cent
125,491,719
117,007,079
None
7,887,040
7,887,G40
7,219,752
0.11 Per Cent
1,501,024
100.71
0.71
1G.3G
19,114,308
(5,771,025
20,215,933
19,099,058
2,333,400
3,090,010
0,510,275
482,050,579
7,231,005
12,203,772
39.71
to each 81,000
93.04 Per Cent
38.10 PcrCent
27.58 PerCent
40.55 Per Cent
2,151,840
427,583,359
1,501,024
3,712,801
19.40 Per Cent
8.08
Per 81,000
5.14,117,430
45,277,854
1,130,418
Lnss.
TOTAL INCOME
81,538,382.
AND TOTAL OUTGO FOR
FOR 12 YEARS-1877-1888.
PI S3
CD cr
5
! R m
" M 2.
?' B n
Z IH rt o
2 c C H
is O
a W
re a
t
B
re
o
Ui , C C
(ft U
(, ere
5 5
C rec
30,100,025 $15,222,272;S5,801,771 38.58 p c
48,791,738' 3G,757,58Sjl0,G03,278 29.01 "
39,328,152! 10,711,29 ' 5,077,92133.98"
72,095,313) 34,770,788'l3,089.000 37.05 "
73,099,801' 21,827,0Kili 7,230,018 33.12"
71,995,2131 35,172,475 13,232,142 37.02 "
114,220,114! 27,040,284 9,743,918 30.03"
72.508,580 37,590,211 15,S09,t78i-12.05 "
155,099,710, 34.730,899 11,578,709,33.33 "
103,447,108 41,352,131 17,524,110l12.38 "
231,709,020 40,4(52,019 17,O35,901J3G.0G "
172,987,144 49,335,855)22,900,547,40.51 "
Life's Ratio of Death Los?es and Ex
cent. Less than the Mutual's.
9.1!7$fllElfe3mi
lore Tedious truth twisting!
BY THE ENVIOUS RIVALS OFTHE GRAND OLD MUTUAL LIFE.
i ! - i i.
Tho Etjuitablo Agent Gracefully "Swima Out" and The Now York Agent Stupidly
"FrtllB in Over His Hend."
To Whom It May Concern: As
tlie agent for the Equitable very
wisely declines to have the col
ored gentleman in his eomrmny's
woodpile, exposed to the public, by
"positively nnd flatly" refusing lo
uccept my published challenge and
have tlie question of superior merit
decided before n committee compe
tent to pass judgment, he is, of
course, free to continue his peculiar
methods of illustrating superior ex
cellence by daily publishing bewild
eiing columns of misleading com
parisons; although it must bo con
ceded that he makes a sad com
mentary on the intelligence of
his own townspeople when ho in
fers that the avctagc reader will
readily understand fioin his publish
ed iihscitions that tho Equitable is
"unequalled, peciless, alone," etc.,
etc., and still admits that he would
be unable to make that fact clear to
a licked committee selected fiom
the brainiest of his fellow citizens
meeting for that express purpose.
Anything innrc absurdly lidiculous
than that portion of the advertise
ment alluding to the "reckless finan
cial management and ultimate ruin"
of the Largest Life Insurance Com
pany in the World, would be difll
cult indued to find unless itweicthe
circus circular adveitiscment of the
New York Life appealing in the
same issue of the Hi'I.i.ktin. If,
however, the Mutual Life with over
32 million dollars more assets and
over 9,700 more menibeis than
either of its would-be livals, shows
signs of speedy dissolution from tho
Equitable comparisons; its condi
tion must be deplorable indeed when
judged by the magic lantern figures
of the New Yoik Life, full of enough
doleful prophecies to make "Mother
Shipton" turn over in her grave
with envy.
Needless cf the fact that the
"most clubs are always foundunder
the best apple tree," and'1 fully
aware that the Mutual Life is the
best apple tree in the insurance or
chard, the facetious agent for the
New York Life franlicallv seizes a
stock "bill poster" advertisement,
made to order many months ago by
the company's statistical wizard,
adds a small paragraph at the top
and bottom lo give an air of origin
ality and freshness to the produc
tion, and then rushes into print
without even a shadow of excuse for
his most aggiessive blunder.
People living in glass houses,
tlijiild nlnays be curetul about
throwing stones, and the agent of
the New York Life should remember
that at least a portion ot the intelli
gent public read the daily papers,
and such things as refusing to pay
the Lewis claim in Honolulu. The
law suits of San Ftancisco business
men against the Co. as shown in the
"Examiner" of June 29th, 1889.
The offer of the Company's General
Agents, to pay their medical ex
aminers 5 per cent of all new pre
miums on the rislis passed by them
in addition to the usual fees, as ex
posed by Ihe New Yoik Pi ess March
31st. 1889: The letter of Senator
Hoar ot Mass. to the Ins. Commis
sioner of that Slate; the "iron
c-iad" nature of the Company's
AUCTION SALE
STASMILL,
KOIIALA, II-VWAN,
l!y nuler nf Mu. JuiiN HIND, Mannger
nt the sun- .Mill Co., I will sell at l'ub
lie Auction,
At Jai;:u!, liohulii.
On FRIDAY and SATURDAY,
Aliens !tf)th and Itlst,
AT 1 O'CLOCK 1 31.,
87 Gal. Trucks & HarnessGS
15 tlooct. ami Mim-F,
Uno VVugmin, Ca oLnnd,
Houses, House Lots,
Ul.icksmitli'a & Curpvntcr's Tools,
Lumber,
And a complete ntiortment of
no. mil mm nine
u 111
The Mui-hint-ry of ihe ah. ve Mill
I'j in llist.class order, offers for
which are Hilioitcil anil eon-lstH of
One 26x48 Mill with Engine,
1 Pair Boilers, O.20;
1 I louhle EliV-et, (I unci 7 feet Pans.
1 Vu ciui in l'uui; it. with lilakc I'i mp
3 Weston Centrifugals & Engine
Together with tho utiial ustort.
mint of
ClarlOers, Gleaning Pans, Coolers, &c.
And other Machinery UFUully found
..in a well-uppoiiitul Mill.
tQrPor further particulars npply to
Win. J. BKODIE,
322 17t-d 1C0 St-w Auctioneer,
policy conlrart, and many oilier
items of a nature not calculated to
plenso a very fastidious scaicher for
a guardian of trust funds, will nut
teud to strengthen a company mak
ing nn unprovoked attack on u com
petitor. The Xi'tv York I.lf limit i-ntirr '..
was chartered May 21, 1811, under
the name of "The Nautilus Insur
ance Company" with authority to
transact a lire and marine business.
April 18, 1843, the charter was
amended authorizing the addition of
lile insurance. Again, April 5,
1849, the chatter of the Nautilus
was further amended limiting the
business to life insurance and
changing the name to that of The
New York Life Ins. Co. I know of
no insurance organization whose
literature is more deceptive, whose
statements are less reliable, or tlie
piacticc of whoso representatives is
more reprehensible. In proof of
which I refer to the following: The
Now York Life claims to have ori
ginated in 1800 the non-forfeiture
feature in life iiismance. llcfore
tlie New York Life Ins. Co. existed
even in name, this was the practice
of tho Mutual Life. (See 3d annual
report of the Company,) and in
1810 (3 years before the New York
Life was born) Mr. Latimer R.
Shaw of New Yoik, who had in
sured Februaiy4, 1843, under policy
No. 9, retired from the Mutual Life
with a cash surrender value, or the
full equity of his policy. Mr. Beers,
Piesident of tlie New York Life Ins.
Co. swore before a legislative com
mittee of New York (see Manning's
Report, p. 255) that no officer of the
Company gires security for the fidel
ity with xvhich they discharge their
duties.
And Now Mr. Berflcr has the Opportunity to
Glvo His City a Charity o! Ono
Thousand Dollars!
As it would require the entire news
paper space and moie money than I
have to spare to untwist the multitude
of figures tortured into grotesque
shapes by the New Yoik Life sta
tistician: I will simply quote Mr.
Berger's concluding remarks: "
1 leave it to the public lo say
whether Ihe Mutual Life Ins. Co.
has to-day a claim to adveitise it
self as the best company paying
the largest dividends." I would
cheerfully state that the above sen
timent biiits ine exactly. I too am
both ready and willing to have the
public decide, and with the earnest
desiie to arrive at that decision I
will again agree to instantly forfeit
ene thousand dollars to any Hono
lulu charity if Mr. Rerger will meet
me under a similar agreement and
prove before any jointly selected
committee of Honolulu business
men that the New York Life has
either earned or paid as great pro
fits to its members as has the Mu
tual Life. Or I will agree lo sub
mit statements of policies issued by
the Mutual Life giving the names
of insured, number of policies, date
of issue, amounts paid by the
insured, and amounts returned
to them, and if either Mr.
Berger or Mr. Cartwright can pro
Executive Special
era? FISCHER
o
unowned for Tone and Durability !
uu,uuu in use ui"Tyeabs. jisstablislied 1840
ENDORSED BY THE FOLLOWING ARTISTS:
Oaiu. Zi:i:kaiin,
Kaki. Meiiz,
liUOKNi: Thaveh,
Ui.aua Louise KEttoaa,
&5T 3ICSIC DEPART3IENT a
HAWAIBAN NEWS CO.,
Sole Aecnts for thn Hawnliun Tal-m.!.
Call, or wiite for Catalogues.
B.
F. EHLEES & CO.
JUST RUGEIVED PER S. S. "AUSTRALIA"
KTBW SATEEES, SEERSUCKERS & PRINTS,
Laces Ac Embroideries,
IN GREAT VARIETY at VERY LOW PRIOES.
O .
Dressmaking Department
OLARK.
The "Dail Bulletin
Will be Issued
i Columns of Interesting Nwi.
duce from the books of their res
pective companies, any policy ever
issued liming the entire history of
said coiporntlons that will equal
the results of policies I will bub
mlt from the books of tho Mutual
Life, I will instantly pay over
one thousand dollars. And if Mr.
Mciger should decido as did Mr.
Cartwu'glit that this is not "open
manly argument," then I w.ill ugree
to compare with him policies issued
by both Co.s on the lives of Hono
lulu citizens and show a decided su
periority in favor of the Mutual Life
right here in Honolulu. If Mr.
Berger don't wish to post a forfeit
at all, I will now make the following
proposition: Mr. Fred. C. Lowrcy
of this city i3 one of the many pro
minent business men of Honolulu
who appear to be well content with
their policies in tlie Mutual Life. I
mention Mr. Lowrcy's policy, ns it
is upon the plain ordinary life plan,
of which plan both Equitable and
New York Life hnve thousands of
policies in force. And I will in
stantly forfeit one thousand dollars
if either Equitable or New York
Life can show as large a profit on
any similar contract ever issued by
said compaiiies,as the amount of pro
lit apportioned by the Mutual Life to
Mr. Lowtey's policy. Mr.J. R. Rtieh
telof Akron,Ohio,whois the founder
of the Ruclitel College and Presi
dent of the New York Life local
board, writes as follows:
"I hereby certify that I have a
policy on my life in the New York
Life Iiismance Company, dated
January 1873; also one in the Mu
tual Life Insurance Company of
New York, 'issued at same tiino
and on same plan,' and that tho
percentage of dividend to premium
lor the year ip the Mutual Life was
twice as large as that of the New
Yoik Life, which included in addi
tion to the regular dividend my
share of tlie profits in the so-called
'Local Board.'
J. R. BUCHTEI.."
Mr. Robt. S. McKee, a prominent
wholesale merchant of Indianapolis,
Ind., and sou-in-law of the Presi
dent of the United States, certifies
over his signature that lie insuied
in the Mutual Life and the New
York Lile for 810,000 in each com
pany at the same date, on the same
plan and for the same premium and
that while he has paid exactly the
same amount to each corporation,
the Mutual Life has given him n
dividend of 85,403.00 and the New
York Life only S2,753.02. Differ
ence in favor of the Mutual Life
82,710.88 on 810,000, and the divi
dend on Mr. McKee's policy in the
Mutual Life for 1889 was 8251
against the New York Life dividend
of 8132.00. Mr. McKee concludes
as follows: "ADVICE is not (ordi
narily) of much value. RESULTS
aie more significant."
Rout. S. McKee.
The above is a mere sample of tho
many actual results on similar in
vestments that I will cheerfully agree
to furnish for the information of any
one desirous of some argument they
can readily understand, that is, tho
final outcome of a man's investment.
A. D. THOMAS.
Agent the Mutual Life Ins. Co.
PJLAJS'OS a
Ivan E. MonowAbKi,
Aug. IIoi'fman,
Adolf. (Ji.os,
And Many Othkbs.
301 im
under the management of MISS
Weekly Summarw,"
on August 20th.
Tho Boat Paper to Send Abroad.
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sta
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