New-York tribune. [volume], February 21, 1920, Page 2, Image 2

About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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;
if it were put up
to any of us to place
a "money value9*
| on our eyesight, we would, of
\ I course, be unable t? name a fig?
ure that would represent its
f| value. ?
Yet, when their eyta need at?
tention, so many people mini
I rhize the importance of proper
I professional services, and allow
irresponsible practitioners to
I serve them.
Sometimes this is done be?
cause of the supposedly small
"?" money saving; and often
through lack of proper in?
formation.
Due to the magnitude of our
.- organization and patronage, we
give you the services of Oculists
(Registered Physicians) for the
examination of your eyes, and
skilled opticians for the adjust?
ment of the mountings.
.M. //. Harris Eyeglasses have
back of them the responsibility
and standing of the Largest Op?
tical House in the World.
Their cost is moderate.
S05 Broadway, corner Duane Street.
17 W. 34 St., 3 d'rs f'm McCreery & Co.
f>4 East 2'id Street, near 4th Ave.
64 W. 125th Street, near Lenox Ave.
442 Columbus Ave., bet. 81 & 82 Sts.
TO Nassau Street, near John Street.
1405 St. Nicholas Ave., 180 & 181 Sts.
2629 Broadway, bet. 99 and 100 Sts.
8548 Broadway, bet. 145 and 146 Sts.
3007 B'way. nr. Willoughby, BTdyn.
489 Fulton St., opp. A. & S? B'klyn.
683 Broad St., next to BedeLl, Newark.
: derstand that this side is not going to
make the treaty a political football,
and that we will go to the extent of
sacrificing our own wishes in order to
get a compromise."
Lenroot Questions Statement
Senator Lenroot declared that Sen?
ator Hitchcock "repeatedly refused to
discuss a compromise," until after the
vote on the treaty ?n November 19. He
insisted that the Republicans initiated
the bipartisan * conference. The Re
. publicans, he said, suggested that the
Democrats ask Senator Lodge to call
the conference after many Democratic
Senators had gone to R?publicain* and
said that, they were willing to accept
the Lodee reservations in order to
secure* ratification.
"There are enough Democratic Sen?
ators who, if they will cut loose from
the leading strings of the President,
will vote fur the original Lodge reser?
vations to ratify *the treaty," asserted
:JSi?nator Lenroot, "The Senator from
?'Nebraska, throughout, this controversy
i-;*ince he has said he was willing to
I irompromise, has never been willing to
j {negotiate on any line that would secure
j fa two-thirds to ratify the treaty."
The proceedings in the bipartisan
; [conference, which were krpt secret
! "(during their progress, then came in
| ?for an airing. Senators Walsh, of
i ?Montana, and McKellar, of Tennessee,
? ?two of the Democratic conferees, de?
clared the Republican., had broken tip
; jth'1 conference. This the Republican
'.conferees emphatically denied.
; ? "The Senator from Wisconsin, Mr.
Lenroot, says there can be no change
'in the substance in the reservation on
.Article X," said Senator Borah. "I
agree. I gather that there will be no
'yielding on this Hide as to the sub
?sianco. of that reservation, and as for
,the other side I gather likewise that it
;is impossible for them to accept the
? Reservation without substantial changes.
5f this is the case we are simply killing
"-: , ?? ,,???,.???,"",;?. ,1." .
time to keep th? treaty here, for it ia
apparent that there can be no agree?
ment.
Impossible to Avoid lasue
"Gentlemen will finally recognize
that it is impossible t'o keep this issuo
out of the campaign. Tho New York
Republicans met yesterday and took
action which is certain to have influ
?nc? because of the importance of that
stato and its leadership in the nation.
As a result of that action the New York
Republicans have made it the dominat?
ing issue of the 1920 campaign. Chair?
man Root hopes for ratification with
the reservations and said it would be
accomplished if the President per?
mitted. If it were not done, ho said,
the Republicans should stand for the
treaty with reservations. After March
4, 1921, a Republican President should
ask for a reform of the league that
would place the maintenance of world
peace on the basis of law ra,ther than
Of power.
"If the first duty of the new Repub?
lican President shall be to have a new
peace conference revise the treaty, then
certainly it is in the midst of the cam?
paign. Every foreign element in the
country will be active, seeking how
best to promote the interests of native
lands across the sea. Here in the Sen?
ate this debate opened a year ago to?
morrow, and we are no nearer agree?
ment now than wo were then. To-day
we are only two or three months from
the nomination of candidates, and it is
impossible to stop this issue. By con?
tinuing the debate we aro merely clog?
ging legislation that ought to pass.
President's Position Fixed
"In view of his statements the Presi
dent cannot possibly accept the Lodge
reservations, which ho has said would
cut the heart out of the treaty and
break the heart of the world.
"I opine there has been^considcrable
bluffing by Senators on both sides about
not, wanting this question in the cam?
paign. Senator Hitchcock bravely tolls
us he is not afraid of it. It certainly
is a new political attitude, to be anx?
ious to avoid an issue on which one
feels sure of winning. And let me saj
that if you go in on this issue you will
come out of its stripped of the reserva?
tions. I have talked to forty-two great
mass meetings-since this debate started
? and I say to you that the people go te
| sleep when you talk to them about res
j ervations. They are not concern?e
I about the difference between the mean
i ing of the words 'unless' and 'until.'
"No candidate for President who hai
declared himself on this issue has thus
far made any statement except that lu?
is opposed to a league which wil
change our traditional foreign policy
i "Why do the candidates invariable
' oppose any departure from the doc
trines of Washington and Monroe? Be
I cause they havo felt the ground-swel
I from the country. Yet how will yo\
j ever write a league without changint
and sacrificing the traditions of ou
foreign policy'.' I say to you that be
fore a campaign is thirty days ol?
the league will have evaporated out o
I it like the mists before the sun.
i wrote to Governor Cox of Ohio, sonn
thirty days ago, asking him where hi
stood on this question and he has beei
; reflecting ever since; I am still wait
i ing for a reply from him. The Demo
I crats will not nominate any candidat?
; who stands for this league withou
changes."
Election Held Only Arbiter
"No, because it would be useless,'
interjected Senator Ashurst, Democrat
of Arizona.
"Precisely," replied Senator Borah
"And if there is no chance of eithe
side yielding it is useless for us ti
go on with it. Only an election ca?
settle the issues.''
The "mild" reservationists, who havi
been working for a compromise, he
liovc the action of the New York Re
publicans will hasten ratification.
"The position taken by the Repub
licans of New York should help greatl
toward bringing about early ratific.i
tion," said Senator McNary, one of th
"mild" reservationists. "Tho fact tha
they did not, insist upon ratificatio:
with the original Lodge reservationr
but with reservations retaining th
principles of the Lodge reservation?:
should cause many more Senators I
support modifications of the Lodg
reservations/'
Dutch Chamber Wants
League Open to Worlt
\ Admission of AU Civilised I\(
tions Advocated in Votin
for the. Entrance of llollan
THE HAGUE, .Feb. 20.-?Decrease
! armaments, speedy institution of a pe:
manent high court of justice and in
1 mediate admission of all civilized m
tions desiring to enter, wore demands
attached to the resolution passed to?
day by the Second Chamber of the
Dutch Parliament approving Holland'?
entrance Into the league of nations.
During the debate it was explained
that these demands did not constitute
reservations, as reservations were not
permitted, but were suggestions that
the Dutch government would enter
with the idea of having these princi?
ples adopted. '
"While the league without America
will bo different from what was eje
pected," said Foreign Minister Karne
beek, "still the difference is -not ho
great as to authorize Holland to stay
out."
! In connection with the delay of
America to enter the league, it is
learned that several European neutral
states which up to some few weeks ago
wire inclined to wait for the**Trnal de?
cision of America since have decided
it was desirable to hasten their en?
trance regardless of any action by the
United States.
BERNE. Feb. 20.- Adherence by
Switzerland to the league of nations
was recommended by the .Swiss gov?
ernment in a message to Parliament
to-day. What has been known as the
"American clause," by which Switzer?
land's entry to the league would de?
pend upon similar action by the United
States, has been abandoned, and, if
Parliament approves the recommenda?
tion, Switzerland will become a mem?
ber at once.
Test Friendship Link
By Link, Advises Davis
Ambassador Tells Britons Tic
Between Two Nations Should
Not Be Strained
OXFORD. England, Feb. 20.?John
W. Davis, the American Ambassador,
speaking to-night before the Oxford
University British-American Club, gave
an exhaustive explanation of the
treaty-making powers of the United
Qtates. He prefaced his remarks with
a comparison of British and American
treaty methods and the characteristics
of the two peoplets. e
"The many similarities between the
two peoples ought to make, and quite
surely do make, for their continued
friendship,"' said Mr. Davis. "We must
be careful, nowever, not to put upon
these ties a strain stronger than they
will bear, and wa Bhall know their
strength better if we test them link by
link."
In concluding the ambassador said:
"The American people are likely for
many years to accomplish through this
means (the present treaty method)
their compacts with mankind. The
checks and balances by which it is sur?
rounded and the free and full debate
which it allows are in their eyes vir?
tues rather than defects. . . . There
is not and never can be a secret treaty
binding them either in law or in
moral.'*."
Dock Workers' Efficiency
Not Aided by Prohibition
Men Believe Little Liquor Would
Have Minimized Recent "Flu'
Epidemic, Report Says
Prohibition has not resulted in
higher efficiency, fewer accidents or
fewer employees being absent from
work in the Dock Department, accord?
ing to a statement sent yesterday to a
Boston newspaper by Murray Hulbert,
Dock Commissioner. The Commissioner
had been asked to investigate the re?
sults' of prohibition among dock work?
ers and lonsrshoremen in this city.
"Our dock builders must stand on
partly submerged rafts to carry on
their xvork, and in the winter often?
times in the face of high winds and
freezing weather," says Hulbert's state?
ment. "I am informed that in times
past the moderate use of brandy or
whisky has been deemed essential to
counteract the easily acquired chills
r.nd the consequent illness. The men
firmly believe that the high rate vf
sickness which prevailed among them
during the recent influenza epidemic
could have been minimized were they
j.ormitted a rational amount of liquor
without being compelled to sock a phy?
sician's prescription and the purse
gouging prices of the drug stores.
"It is impossible to assert that in the
Dock Department prohibition has re?
sulted in fewer men nbsent, fewer ac?
cidents or higher efficiency."
The Store'?s closed at S P. M. daily
MADHSON AVENUE-FIFTii AVENUE, NEW YORK
Thirty--fourth Street Thirty-?fifth Street
The Men's Hat Department
oo the FIRST FLOOR
has ready for the earliest demand the new assortments o?
Men's Spriog Hats
especially featuring flight* weight Derhy sty Ses and the
greatly favored soft felt hats?the Satter Inn the new
shades of Sight tan, seal brown aired green; plain and in
the wanted mixtures.
The prices (In stock)s
B?ack Derby Mats . . . $8.00 & 10,00
Soft Felt Wats . . 6,00, 7,00, 8o00 to 22<,00
(War [Revenue tax additional}
1,200 D?ners
GiveWadsworth
Great Ovation
Republican Leaders Told of
Extravagance of the Dem
oeratic Administration
During and Since the War
-?- j
More than 1,200 men and women, in?
cluding most of tho prominent Repub?
lican leaders in tho state, attended tho
dinner last night in honor of Senator
James W. Wadsworth jr., at the Hotel
Astor. Senator Wadsworth received
an ovation, and fhe gathering stood an.1
cheered when Ogden L. Mills, who pre?
sided, pledged their whole-hearted sup?
port to him.
War Cost Thirty-six Billions
Senator Wadsworth devoted his ad?
dress principally to a discussion of pro
I hibition and its enforcement and'to the
j cost of the war and taxation. He said
we shall find that the war cost the
' nation at least $86,000,000,000, and per
t haps as much as $40,000,000,000.
He said that in 1916 there were about
i 33,000 government employees in the Dia.
? trict of Columbia, while now there are
I more than 100,000 on the, payrolls. In
i 1916 in the District of Columbia and
? elsewhere there was a total of 400,00C
government employees. To-day there
approximately 0;>0,000.
I he war ,:; over, we are at. peace,
\ and still we pour out the people'f
I money," he said. ,
The Senator advocated the, adoption
i of a national budget system.
The Senator discussed the phenom
| ena surviving the war--the unrest, the
groups of peopl? who want things pos
sessed by the toil of others- and he
I said that supporting most of the.-'
movements was the philosophy ot
' force, which the nation supposed was
, subordinated by tho result of the
World War.
"Only a few of those groups," h?
said, "as they exist, in this countrj
i advocate the use of physical force
, With these we know hon- to deal, foi
! the American people is devoted to lav
i and order. Some have been conten?
plating and, indeed, have attempted t?
. attain their ends by strangling the in
' dustrial activities of the nation, in th?
belief that by such tactics they cat
compel a harried and suffering peopb
| to accept, for example, the nationalisa
tion of the steel industry and the coa
mines. Another group, inten: upoi
bringing about government, own?rshi]
of railways and placing themselve
: in a position where they will do th'
operating and fix their own compensa
jfion' have, upon more than one occa
sion, through their official spokesmen
i announced that they would not h?sitai
i to stop traffic upon every railroad i;
the United States in order to gain thei
! ends.
Railroad Return "Demanded"
"Legislation is now pending in Wash
j ington looking to the return of th
railroads to their owners, to be ope
[ rated by them under adequate, govern
'? mental supervision and upon term
1 which will afford an income and a de
j gree of credit adequate tor their in,
j mediate needs and future improvemsn
' and expansion. The return of th
j roads is demanded by the overwhelmin
! majority of the public.
"Speaking of fair play and pub M
I contentment, we aro confronted to-da
| with two problems, the solution ?
i which involves them both? involve
I i hem to such an extent that if the s:
| lution is not a wise one there will r?
suit widespread discontent. One <
them Is national prohibition. By a
two-thirds vote In both houses the Coiw
gresa passed and submitted to the
legislatures of the states an amend?
ment to tho Federal Constitution pro?
viding that the manufacture, importa?
tion, transportation and salo of intoxi?
cating liquors ?hall bo prohibited .In
the United States and its territorial
pos8essions.> More than the necessary
three-fourths of the legislatures rati?
fied tho amendment, and it is now a
part of the Constitution of tho United
States. I voted against tho amendment
in the Senate for three principal rea?
sons:
"First, because our Constitution is a
framework of government which de?
fines and limits the powers delegated
to that government by the people. It
ought not to be confused and encum?
bered with matters which should be
dealt with in statute law, in such a
way that the changing opinion of the
people may bo registered.
"Secondly, and from the standpoint
of practical legislation, I feared the
inelasticity of such a decree, in that
were it to result in failure, acknowl?
edged by a majority of the people, that
majority would be powerless to repeal
or modify the decree in the face of tho
opposition of one-fourth plus one of
all the states?the very negation of
democracy. And, thirdly, because upon
a matter alTeeting so intimately the
personal habits and predilections of
millions of good people, I believe the
people themselves should have an op?
portunity to pass judgment. These ob?
jections would have been largely over
| come had the Eighteenth Amendment
' provided that the Congress shall be
| clothed with power to prohibit or
I regulate the liquor traffic from time to
; time by statute.
Hard to Rescind
"The ratification of the amendment
I was accomplished during tho period of
our participation in the war. Its zeal
: ous, well organized and politically
! skillful advocate.! knew well what they
I had in mind, but large numbers of peo
'? pie were not so clear about it and were
' inclined to confuse it with the war
measures. Still other?, somewhat un?
familiar with the processes of amend?
ing the Constitution, and, mindful only
of the admitted evils of the saloon,
gave it their support. And then, too, it
may be remarked that the amendment
was adopted during- the absence in the
training camps or in France, of nearly
5,000,000 men. who were thus deprived
very largely of all influence in the
mat ter.
"Hut the amendment is now a part
of the Constitution and, lacking any
decision of the courts to the contrary,
is likely to remain there; for its elimi?
nation can be accomplished only by an?
other amendment, passed by two-thirds
of both houses of Congrbss and rati?
fied by thirty-six legislatures- -a very
difficult thing to accomplish."
Mr. Mills'? Tribute
Mr. Mills, in his opening address.
paid a h^fh tribute to Senator Wads
worth and urged his reelection. He
declared that men of courage, princi?
ple and convictions, such as Senator
Wadsworth possessed, should be kept
in public office. Public servants
should be judged on the quality of their
entire record, he said, and not on
their vote on a single measure,
provided that vote Is in accordance
with their conscience and conviction.
This reference to Senator Wadsworth's
stand against suffrage and prohibition
was warmly applauded.
"And now. my friends," said Mr.
Mills, "in the candidacy of Senator
Wadsworth for reelection there is a
great principle at stake. 'To thine own
self be true; thou canst not then be
false I o any man,' is one of the eternal
verities, and I would call the attention
of those who are honestly, sincerely
and from pure motives opposing Sen?
ator Wadsworth to 1'iis issue, which
transcends in importance their own
particular individual issue."
James R. Sheffield, Senator Lawrence
Y. Shorn-an, of Illinois; Miss Mary
? Wood and Judge Nathan L. Miller wen1
An early response is suggested, as groups are limited?
TAILORED AND FUR-TRIMMED SUITS
Formerly to $275 at $95-$ 125-$ 145
Remaining Winter models?odd styles comprising one
or two of a kind?mostly fur-trimmed effects.
HANDSOME FUR-TRIMMED COATS
Formerly to $695 at *195-$250 to $395
Rich effects ?i cloth and fur?the balance of our high
cost Winter styles.
STREET AND AFTERNOON GOWNS
Formerly to $245 at $65 and $95
Of velvet, tricotine, satin, duvetyn and other fashion?
able fabrics, designed on attractive lines.
$395 Short Taupe Nutria Coats. $225
$550 Short Taupe Nutria Coat. $350
$425 Short Taupe Nutria Ccat. $250
$550 Short Taupe Nutria Coat. $395
(Beaver collar and cuffs)
$850 Genuine Beaver Coat. $595
(30" length)
$1250 Nutria & Hudson Seal Wrap_ $795
$850 Smart Nutria Wrap. $595
$850 Hudson Seal Wrap.$650
(Grey Squirrel trimming)
$295 B?ack Russian Pony Coat. $195
(Hudson Seal collar and cuffs)
$850 Hudson Seal Coat. $595
(Beaver collar and cuffs)
$1250 Hudson Seal Cape Wrap. $750
$750 Hudson Seal Wraps. $575
(40" length)
$1050 Rich Mole Coat. $695
Wilson Note
EndsFiume
Arguments
Continued from pa?e 1
actcrized as "fragmentary and inac
eurute," but it was noticeable that no
pointblank denial was made of the
points raised by the.correspondent. On
tho other hand, it was officially said
that dispatches printed in "La Naci?n"
heretofore dealings with the Italiun
point of view had very often been ^nost
trustworthy. , .?',',
No decision has yet been reached by
this government on the question of
participating in the peace conference
soon to bt called in Paris to determine
the future of Turkey. At the State De?
partment jt was said this government
had not decided pot to have representa?
tion at the conference, nor had any de?
cision been reached on naming a dele?
gate with plenary powers to represent
the United States.
Rome Press Sees Wilson
66Swallowing His League"
President Asked Why He Does
[Sot Drop Secret Diplomacy
and Publish Correspondence
ROME, Feb. 20.-?Commenting on the
situation which has arisen since Presi?
dent Wilson sent hi8 note to the Su?
preme Allied Council relative to the
Adriatic question, the "Epoca" says:
"Two different conceptions of civili?
zation led Europe into the war, and tht
moment that war is over the world is
confronted with a conflict between two
continents?Europe and America. Old
Europe/, with all its defects, never un?
til five years ago needed American ad-"
vice in tho conduct of its affairs, while
now, after victory has been achieved,
every European action must be sub?
mitted to President Wilson. Is it pos?
sible that even American public opinion
can countenance such an absurdity?"
"Premier Nitti, the champion of ac?
cord with America, must now become
the supporter of the. Anglo-Franco
Italian accord," says the "Corriere
d'ltalia." ''Like Saturn, who swallows
his children, President, Wilson is now
swallowing his child, the league of na?
tions. This, perhaps, is not a misfor?
tune, as it may be reconstructed on a
better basis."
The "Messaggero" says: "Mr. Wil?
son in reality is feting against him- I
self, as his desire to impose without I
discussion, through the threat of hun?
ger, his obstinate will shows the im?
possibility of a league of nations in
which the will of the majority should
have power to overcome attempts made
by any isolated, overbearing rebel."
The situation created by Mr. Wilson
pleases "El Tempo," w*hich says the
President's action "strengthens the
union of the European Allies." The
'Pop?lo Romano" expresses its ''thanks
to Mr. Wilson," saying: "For the third
time he has saved Italy from accepting
a solution of the Adriatic question.
which was a renunciation of rights to
which she was entitled."
The "Messaggero" asks for the pub?
lication of the text of Mr. Wilson's cor?
respondence about the Adriatic ques?
tion, expressing surprise that the
"?' ' ; ???- " '=??" - .-.*.???.??:?..?,:??...?
American Pr?sident "doesn't abolish
?ecret diplomacy."
German Press Discusses
"Revolt Against Wilson"
BERLIN, Feb. 20.?Newspapers here
are giving unusual prominence to die
patches from the United States bearing
oh the Wllson-Lanning episode and
also the attitude of President Wilson
on the Adriatic question. What little
editorial comment there is attempts to
establish the fact that there is an "in?
surrection against Mr. Wilson at home
and abroad." This is based wholly
upon tho cabled information through
Holland and Switzerland to the effeci
that American newspapers are taking
the part of Secretary Lansing.
The "Tageblatt" declares that Mr.
Lansing's case has been "converted
into Mr. Wilson's case" and that whiie
it is a purely internal affair of the
United States, outsiders are "forced to
make the somewhat depressing obser?
vation that the anointed of one great
nation, who was hajled as the herald
of world democracy and liberty, is
closing his career in open contradiction
to the will of his people."
Belief that Washington bulletins
permit the conclusion that the Presi?
dent's immediate official environment
is emphatically disavowing him," is
expressed by the "Vossische Zeitung."
The "National Zeitung" claims to be
; informed that the Allied reversal of
policy on the extradition issue was
due primarily to pressure from tho
United States. The newspaper says
America "opposed arbitrary procedure
on the ground that it was ca.culated to
produce internal convulsions decidedly
inimical to this nation's political and
economic recovery."
Bourgeois Predicts V. S.
Soon Will Enter League
? LONDON, Feb. 20.?-In a message to
the London League of Nations Union,
Leon Bourgeois, of France, French rep
? resfentative on the. league of nations
i council, says:
"France is well pleased with the re?
sult of the last four dry's work of tho
league council. Thanks to the excel?
lent documentary preparation and a de?
sire for conciliation shown by all mem?
bers of the council, votes on all ques?
tions included in the program were
?unanimous, despite the fact that sev?
eral delicate questions were under dis?
cussion."
Regarding thp decision to convoke a
financial conference. M. Bourgeois says:
"Wo decided to convoke this * ?n ?? ?nee
although we appreciate all ' ' **? difficul?
ties ot the undertaking. 1-erhaps
daring a proposal may have a '.sani?
tary effect on public opii * in in '
United States. The American peopl
will see they cannot remain outside an
organization which will be called upon
to deal successively with great prob?
lems. Their representatives will, we
feel sure, soon corne to take the place
which is always reserved for them m
the league organization."
?~--?-.
Lowden Fights H. C. of L.
Governor Wears Shabby Over?
coat "as Matter of Principle"
CHICAGO, Feb. 20. -Governor Frank
0. Lowden of Illinois is wearing his old
overcoat, as part of the campaign
against high prices. Mrs. L. K. Bower,
chairman of the women'.-* division of
the Fair Price Committee of Illino'x
Sure
Relief
?SS2
6 BEUL-ANt
Hot water
Sure Relief
DELL-ANS
C9for indigestion
EST|QN
announced this to-day, telling the *?'
lowing incident:
"Governor and Mrs. Lowden wera !i
the elevator of a Chicago hotel two
weeks ago, when Mrs. Lowden told r. In
that hi-i overcoat she knew was tare?!
year* old. that it was becoming shabby
and that he ought to buy a ri?w or?
The Governor said he knew it, but tha*
he intended to continue wearing ?ho o'j
coat as a matter of principle. He said
that, if every one who cou d woulj w,.ar
ola clothes the demand would fall oil
until prices came down.''
Unusual
tab?es
45cXo5c
ayord
CPECIAL imported crctorrcs,
English prints, rich uphol?
stered velvets, linens, and carpet?
ing- all odd and original or they
wouldn't be at McKugiYs.
Such low price s cannot be approached
lat.r in the ysar when you suddenly real?
ize that you netd new covering? and
diapenes. It is wise- as well as a pleas?
ure?to visit McHugh's while everything
in the shop is subject to
\0% to 33%
February Reduction
MCHUGH
jos&ptfT. &S07&
9 Wcst^S1.
Ti
UFE ASSURANCE SOCIETY OF THE U. S.
120 BROADWAY, NEW YORK
The year 1919 was the most productive in the Equitable's history.
NEW INSURANCE issued and naid for in 1919, $45*1,839,437
An increase of ?181,615,878 over the previous year.
During the year the Two Billion mark \
in Outstanding Insurance was passed.
OUTSTANDING INSURANCE, Dec. 31, 1919, $2,270,903,931
An increase of $346..365,353 over the previous year.
PAID TO POL?CYHOLDERS IN 1919. $73,990,176
97% of the domestic death claims paid in 1919 were
settled within one day after receipt of proofs of death.
PAID POL?CYHOLDERS Since Organization. .$1,302,291,677
ASSETS, December 31, 1919. $599,423,919
INSURANCE RESERVE.$493390,577
Other Liability. ? ? 17,418,765 510,809,342
SURPLUS RESERVES:
For distribution to policyholders in 1920. ? ? 17,191,084
Awaiting apportionment on 'snCk noc
deferred dividend policies. 54,o00,0o?>
For Contingencies. . .. 17,123,408 $88,614,577
$5997423,919
The above figures are front the 60/'- Annual Statement
.which will be sent to any address on request.
V
The Equitable issues all standard forms of life insurance and
annuities, including the following:
A LIFE INCOME POLICY
under which the beneficiary receives a monthly income for life?
the safest and the best kind of insurance for family protection.
A GROUP POLICY
i by which an employer protects the families of his employes.
A CORPORATE POLICY
to safeguard business interests.
A CONVERTIBLE POLICY
which can be modified from time to time to meet changing conditions.
AN INCOME BOND
to provide for the declining years of the purchaser.
AN ENDOWMENT ANNUITY POLICY
maturing at age 65, providing thereafter an income for life.
AN EDUCATIONAL POLICY
providing a fund for the college training of a son ox daughter.
A CASH REFUND LIFE ANNUITY
under which the total return may be more, but
can never be less, than the purchase price.
The following provisions will be added to the policy when desired:
1. In case of total and permanent disability:
(a) Premiums will cease. (b) The Insured will receive a monthly
income, (c) TYf beneficiary will receive full face of policy at maturity.
2. Double the face of the policy will be paid
in ca*e of death from Accident.
A non-cancellable Accident and Health policy completes the
circle of Equitable protection.
W. A. DAY
President