Omaha Daily Bee Newspaper, February 3, 1890, Page 5

& . Bawed uhove, SOLID AS A ROCK. Croat Prosperity of the Mutual Ro- Y eorve Fund Life Association of New York. he Results of Nine Years of Uninter- ipted Success Given at its Annual Meeting Wednesday - Afternoon— President Harper and Other Officers Give Interesting Facts and Figures. Reserve Fund Life Of New York eity affords one of the best fllus- trations that ean be imm ined of the tremen- dous growth and prosperity of an institution Jounded upon the pricipie of “live and let ive” Its annual meeting held fn the Potter Building Wednesd was llke a trinmph elebration. The many members who atten- the imceting heard from the zealous and able officers who have done noble work for the as- goclation nothing but words of encourag ment. The annual reports presented were filled with cheering facts and figures which caunot lie. The assoclation has been In exis- tence for nine years. 1ts fundamental princ Ples wore new fn the Insurance world: but ith overconie obstacles, survived hostile eriticls belied ail manner of evil speaking, and con- quered all the dificulties that can possibly be Putin the way of a new enterprise by those who Lear that Ithas “the stuff” in it that makes success, and who dread that it may interfere with thelr Intorests; and now its founders are Bappy In the knowledge that it is far beyond the experimental stage, and 1ts enemies are beginning to think “they had better siug @umb, sing dumb.” Edward B. Harper. the President ot the Assochutlon, n man whom his assoclates have Tearncd to rogard as a very genius of life in- surance, presided at the meeting. itulutory telegrams were rocelved friends, supporters and admirers of the tation all the world o an who traveled furthest to attend ting was William H, Hayward, of Lon- managerof tho Mutual Reserve Fund t Britain. He came on the Servia, after an unusually stormy voyage, arrived Just in time to allow Mr, Hayward to weach tho Potter bullding before the end of the meeting. The traveller was heartily ehecred when he entered the room, and wis cheered agaln to the echo when, with much formuiity, he handed to the President the sum of one farthing, being the amount of @unnzes allowed to the Mutual Reserve Fund Life Assoclation by a Britlsh Court, where its slander suft against n man named Reid, who is in the employ of a London fnsurance coni- puny. was tried. But the plaintiff’s was a moral victory, and the defeudant did not get off 50 cheaply after ull, for he had to pay £600 O FLO0 in costs. All the reports were applauded and rec Unanimously. The roport of the President ran us follows NINTH ANNUAL REPORT OF PR EDWARD B. HARPER, FOR THE YEAR ENDING DEC. 31. 1880, o the officers, directors and members of the Mutual Reserve Fund Life Association. ientlemen: The work of another year Is gpompleted. Its results nre b . /bnnl.‘ containing the record of the ninth yearin the history of the Mutual Reserve ¥und Life Association are closed, and we en- association tved ettt {7 upon the lust year of the first de our history under the most favorablo plelous circumstances, ASS Our record for 1580 shows that we have in- during the year from 201 10 5, 7, making u net increuse of i, RESERVE FUND, Duriug the year 1880 wo have Incre ash surplus i sed our creuse for the y with nearly $100.000 additional on hand to be apportioned Dy tho auditors. INVESTED ASSF During the year 188 we haye incrensed onr fnvested assets upon improved property in the oity of New York—a detalled stutement of each iivestment 15 herowlth presented to you w—from 81,206,000 to $1,507,000, makiug a net in- crease for the year of invested assets of $301.000, SPECIAL EMERGENCY FUND. During the yeur 1880 we have, as per resolu- tion, offered by General Isanc H. Shlelds, of Puiludelpata, Pa., and adopted at the last an- nual meeting, oreated s cash surplus special reserve emergency fund of $500,000, with which to pay Immediately tae death claims as they sball oceur and are approved. This fund is beld by the American Loan and Trust Com- puny of New York for this specific purpose ; and through the creation and use of this gund our death claims are pald In large num- Dors at the time, or even before, the bi-month- 4y mortuary call s made or paid by the mem- bers; but from the proceeds of the mortuary «call the loan or advance from the special mergency fund is returned and thus made ®ood. INCOMP, Our (neome for 185 was #3,108,50533. Our In- come for 18588 was 82,711,814.08, muking a net in- 50 in Income of E0GI8L25 over the pi but fncluded in the income for 1ore than #150.000 admission and medi- 5, nover received by the company but Ancluded in our income, 15 required by the Tn- gurance Department blanks, and a corre- #ponding debit is wade to our expense ac- count, DEATH CLATMS. During the year 189 we have paid to the widows. orphans and other benofloluries of @eceased members death claims to the nount of $1,836,031.2, making our total pay- monts of death elafms in excess of #7,600,000, which vast sum was pald by us direct to suore than two thousand widows and ten thousand orphan children of our deceased pembers, And we have cash on hand and in In- wested securities in our emergency and ro- serve fuud accounts equalling more than 5,000 for ench $1,000 of death claims remaining pupald. approved and unapproved, on the 3ist Auy of December, 188, our liabilities for un- uid doath elalms nt that date being §30,00 ss than at the samo date one year ago; Ahis lu tuce of tho fact that we hive more than $12.09.000 additional insurance in force, whilo our Lotul assets equal $7,00 for oach §1,000 of unpaid death claims approved and unap- proved on the tst day of December, 1850, NEW BUSINES During the year 185 we roc eations for membership to the amount ot $10,365,085, of which was accopted and written 834,810,875, leaving §,528,.210 which has been ro- Jected, because the upplicants did not come up to the standard required by the rules of the assoclation, or returned unapproved or on ved new appli- =¥ file In process of adjustment. BUSIN IN FORCE. ess In force on December 31, 1889, wiis BISL makiug 4 net inorease for the yeur of § which 1s & larger Inorease thun for 188 over 187. The actuuries tables of wortulity called for a death loss on our Business in force December 31, 1589, of #2,542,30, MORTALITY. * Whilo our actual mortality was for the year Dut 1,534,400, the difference botween the uct~ ual and assumed mortality was $717,008, or our mortality was but 6 per cout of the tabular xates, and this low ratlo of mortality has ex- fsted ench year siuco the organization of our eoupany. Had we transacted our business under the eold system wo would have Been compelled to have colleeted from our sucmbors In advance each dollar of the $717,- 00, und o addition thereto the extra loadiug for extri expenses, and extra reserve fund or savings bunk deposit, Butas our system re- AQuires the assoclation to collect for death elalms only the actual fu place of an ussunied wortulity, our members have suved the entire sum of WS in additlon to the other itens 1n order that our members iy be able tosee for themselves the advan- tages under our systom, I present horewlth a powpurison of expenses, mortality and income Our bust THE OMAHA DAILY BEE: MONDAY, FEBRUARY, 3. 1890. of the Mutaal Resorve with the three loading American |ife insurance compantes Death lonses Amonnt incurred at rixk_ during Dee. 31, 188, T8 188 rve, 888, $168.00.850 30§ 6084 Lito, 988, B9.216120 495,440 Mtnal Lite, 1489 V52050 579 w1 Row Vork Life, (46, §10.885.508 Mutunl Reserve, (550, 181,558,200 Mortaity 1 each 100 At sk Mutnal Reserve, 1838 . 1007 Equitablo Life. 18801012, Mutunl Life, 1548 New York Life, 186 1135 1052 Mutual Reserve, 15,2 1000 i) Tt will be observed that the mortality of the Mutual Reserve was less than any one of the other companies; thelr expenscs were more A two and one-half times greater, and their fncome was more than three times as great as of the Mutual Reserve for each 81,000 in- o exposed. 180 T Expei Income SAVING The actual saving toour members for the yeur 180, when their payments (or the incomo of the Mutual Reserve) are compured with the income for each 81,000 insurance at risk, of the ol system comt s saving o our members for 188 was 500 —and the tot ving by reduction of © the Mutu Reserve Fund Lif business, ulne Another remakable faot which Tam able to present to our members is that although one r has been added to the age of each mem- ber during that time, yet when the deductions are made for lapses, expiry, and for deaths. and credit is given for the new members re colved within the year, we find upon examinn- tion that the av age of our members in force upon our hooks December 1850, has actually diminished in place of having in- creased. LAPSING. 8, reductions, not taken, lapses hiave been about thesame with the Mutual Reserve, as has been the case with well-managed companies doing bus iness upon thelevel premlam system. From personal observation we find a large majority of these were caused by reason of the fact that the object of or necessity for life insuranco no longer existed, or by roason of financial dis- tress or embarrassment of the insured. OFFIOIAL EXAMINATIO During the year 1830 two offic! tions by insurance departments have been one by the Insurance Department of tate of Colorado and one by the Insur- Department of the State of West Vi ginla. ) of these oficial examin ers was alder nowned actuaries and competent nd in each instance the Mutual Re- nd Life Association received a full. complete and ungualified endorsement. Its books were pronounced correct, its assets well invested, and just as stated by the officers, its death elafms promptly paid in full, OTHER EXAMINATIONS. In addition to the official examinations as above stated, by reason of the many false ements eireulated by the encmies of this 1y, the well-known chartered aceount- ants, Messrs, Price, Waterhouse & Co., of Lon- don. Eng., were requested by our friends and members in England to make an examination of the affairs of this ussociation, Your officers atonce accepted the suggestion of our mem- bers in Englund, and threw the books of t he ssoclation open for examination by these famous and world-renowned accountants. The same rules adopted by them in the exam- 1of the banks. railroads and other cc ations whi have ployed for the ust fifty v dopte in their i Mutual nd Life a certificato was furnished fon by these distinguished o rtifying that its books were co) s ussols correctly stated, Iis in- it properly made. its death’ clafms promptly d. ” In wddition to above e utions, the the assoclation have also seperate examinations, or ation of ench mortuur. a similar ndorse: g that the books and a Uy kepty investments wisely made and aims promptly paid in full. It 1 be traly sald that no other life insurance compuny i the world has _ever submiitted its books and accounts and all its transactions to the inspection of so muny insurancoe - lssione actuaries, expert accountants, Dank examiners and auditors. and 1t also niay be as traly said that no other life insu corpany in the world has evor receiv many lidorsements after examination us has Dbeen the case with the Mutual Reserve Fund Life Associution. And italso may be truly said nat in no instance has an_examination” been made into the affairs of the association, but that after the completion of said exa niin ) the assoclution was triumphantly vindi- A of the many 1 heen cireulated hundred such ¢ and mo hund indorsement are on file, given ufter the co pletion of the exa the cxamin PROSPERITY AT HOME. As an evidence of the great populurity of the Mutual Re und Lifo Assoclution at and near its own home, where jts officers are best known. where its iransactions are under the daily observation of the business commu- nity. 1 am able to state that more than one- third of the entire business in force upon our books—more than one-third of all our mem- bership—ure residents of the city and state ot ow York, representing the very best husi- ness men, bankers, merchants and’professional menof our community. ONE THOUSAND DOLLARS REWARD. Nearly two years ago the officers of this as- tion, in reply to the various clreulurs is- by its onemies to the effect that it did not pay its death claims in full, published to the world rnd alsa in the assessment notic that went to each member of the assocl- tion, a notice offering #1000 reward for the naue of any honest death claim which wis due and which had not been paid in full, the fact 1o be determived by any two bink presi- dents fn New York clty. The fact of this standing reward being made has been pub- 1ished all over the world, yet up to the present time not one single demind has been mude upon the assoclation for this reward. During the past twelve months the attacks upon your officers, also against the association, its plan’ and system, have continued and’ been more vir- ulent than In any year during the previous eight years, It will be remembered hat a systemaile attack upon this ussocta- ton aud its officers was commenced by the d line 1ife competing syste shortly thereafter an escaped ' convict was employed und pald 5000 In United States bouds us pensation for attucking the private char- acters of the officers of our assc well as for attacking the associut plan and system. = Sine ns which could be conceived by wicked 1 has been employed to injure the business this assoclation. We have evidence wh W0 was paid to ki emplaye of tnis wss as his price for robbing the arehives ecords. These monopolistic rep caused this theft to be committ. o since seoured the roturi of s portion of the stolen records and an admission from certain parties thereto, showing how the money wis ralsed and low the robbery was accomplished. During the past twelve months the erlme of forgery has been added to thutof robbery, and’ dlabolical conspiracies hive been ui. carthed on the part of these life insurance monopolles. 1°will refrain from givin full detalls tn this report, musmuch s o full expose of these conspiracies, forgeries and thefts has already been proseited 1o the pub- Lie, s well us 10 our members. 1108 but Just Lo you tosay (hat your man- agement,while recognizing the fuct that theso 15 of this compuny have many hun- of millions of dolfars at their o d, you we have decided to give them tle in'Gur courts of justice should they con- U thelr diubolledl plots to injure and de- stroy the business of Uhls ussociition. With thiyobject in view, eminent counsellors huve been enmployed, who have been fustructed 1o prosecuto these libellers and conspiritors; and in this conneetion 1 will quote the follow= i 0, which has been adopted by the ‘otnmitiee of this assoclation AND DOLL, RED FOR 00! The expir! and I exnmina- tly kep the auditors of made one ES OF) MALIG At spechul meeting of the Executive Com- wittoe of the Mutual’ Reserve Fund Lite As- sockution, held on Friduy.Jun. 17, 180, Director I S Reinmund offered “the following resolu- which was unanimously adopted: it the President of this ussociution be horized to offer one thousand dollars to suy lawyer, counsellor or solicitor who shail seoure the conviction of any person or pe sons for hereaftor maligning or libelling this assockution or any of 1(s offfeers i the United States or any 0rolgn country.” In wocordance with above resolution I here- Dby suthorize any reputable lawyer, eounsel- 10, or solieitor to commence criminal or civil proceedings without farther orders ' ugainst any oue who shall horeafier malign or tibel cither this wsssoclution or its officers, and, upon couviotion being secured, 81,000 will be puld to sald luwyer, counsellor or udvocute, fnd & proper retainer will be paid in advanee where evidence 1s furnished justifying the sute. RANCE COMMISSIONERS, T am pleased to luform you that this associ- atlon hits received fair and Lonorable treat- ment from all the Insurance Commlissioners af tho vurious States of our Union, muny of whom, as has beew previously reported to you, have porsonally examined finto the fMairs of this association, and with but one #ingle excoption, viz. D. W, Wilder, Tnsur- ance Commissioner of the State of 'Kansas, and inasmuch as he 18 and has always been, the nized representative of the high Fite monopoly system of 11fe insnrance,other- wise known a5 the level preminm system, it is not surprising that he should not only attack this assoointion, but us well all other organi- zatlons that fransact business upon the natural premium or assessment system, and lis attacks are not only made upon the €70 assessment nssociations, - fraternal and non-fratornal societies, but as well upon the members of the legislature of the state of Kansas,notwithstanding the fact that these assessment assoclations are paying out giel year more than thirty-eight miflions of Aollats to the widows and orphuns in d clafms, o greater sum than that paid in d clutms by all of the level premium life’ {nsur- anee companies combined, while these assess- ment companies are collecting less than one- third of the rates charged by these level pre- mium compan ad’ yot, notwithstanding the fact that two-thirds of the business of all the level premium compunies is transaoted by three monstrous life I nee monopolies, Mr. Wilder has seen proper o espouse the canise of those 1ife insurance monopolies. Tt 18 but fair that the political party which has appointed him to this import should e held o f in offi d for the o that hrough country,representing u membership of 2 persons, shall follow the example of the fra- your ex pon the year 1300 with o for the filure nss0- shall cont and sin nvestu prople who d 11 savings ba b that those of the Ance at cost, with lute sceurity, as provided in our already o cash ncedmulations and rapidl nsing surplus, through our 4, will b able to obtain the same, » iy official_assoclates, 1o our many loyal and faithful agents in the field, as well as to the more than one hundred employes in our oflice, T desire to acknowledge my specinl obli- gations for the help, ald and assfstance whic they have rendoro respective de partments, and to the many thousand mem- s located throu try, Includ- Oanada, Great Britain, France, Belgium and Sweden, have given us thir loyal sup- port in' the great conflict which hus been waged against us. T extend my sincere thanks, and request a continuance of their confidence and support fully submitted. EDWARD B. HAW President Mutual Reserve Fund Life NEW YORK, Jan. The tollowing is p by the Comptrolle perintendent for Ohifo: of the report presented . Henry Reinmund, insu s of the sty New York, Jar Airectors and 1 Life ss ro about to open o book of the M rmit me before turning fr as just heen complete ominent features of this history of marvel- Ous progress and prospert Wehave added to our re: }rve or emergency uring 1880 507,831.16, making this fund on #1st December, 1889, $2,304,509 We have pald in death clalms during past yeur $1,836,031.26, maki our o 2 the total anizatio paid In death claims but nine yeurs age $7,600,000.00. ve received in cash income 06,111 oived during 1888, and our nis ki eded those of whole of this in- crease in disburse 10 the excessof death claims pald in 185 over 188, suid excess wuounting to cush d $253,699. Durlng the past r there has been added to our cush and in 1ssets the sum of and we have increased our tota ash lnvested und other ussets $641,575.37, making our totu} gross assets on Dec. 81, 1880, $3,383,866.37, Our net cash and invested surplus at the close of the year was $2,156,324.20, u gainover the year 1888 of $027,875 80, after deducting every real, contingent, teck or imaginary Hability'(“including’a Dility of }64.482, WhichIs te net present v of afl policies in force on Dee. 31, 1854 puted as renewsble term insuran days upon actuaries’ wble of mortality, with interest ut 4 per cent™), n lubility volunturily ussumed by this association und not required by the various insurance departments from rtem nit i uni organiza written during the past ounting to $H,845.57, which would 1 muoh lirger but for the great care od Inthe uceoptiunce of pnipensates for this 10ss in the volume of new busi W yeor £.743,2 tion Of w by but we deemed it only ers not to burden them with losses whic ust urise from plucing n our books any but first cluss risks. mortguge investments on December 3, 1859, amounted to Justice (o our $1,707,000, the annuul interest on which would be about. #43,000 hud these loans all existed for a full our, During the pust year the total e munagement amovinted (0 only 87 To further convince you of the e 0 management of this ussoclution, we will take the amounts of insurance at risk and show what would huve been the expenses- of min- agement had the Mutual Reserve had In force the amounts carried by the old line combine Dee L1888, The Mutual Life had af risk $I82,030.579. Now, by the simple rule of three, If the expenses’ of nugement of the Mutual Re 455,200 at risk. wore 1,7 With 152,05 t risk. they would nount to only $1.507,04 but the Oxpenses of the 1°Life for 1858, us shown in its o the New York Insurance De- ere MATLIOT, an over taxation of ts members during that year of $3,075,014, Similur ance & the Equitable with §540.216,19 insur- K and expenses of $1.945,440, and the Life with B119.850,505 and of #4,416.5408 Ovortaxed thelr 761,001 respectively. waking u totul” overtaxation o s in expense of manugemeny a6 for one year only by the combine of during $8,623,133, aé compared with the expensos of our ussoola- tlon S we huve not the figures of this com- bine for 1880, we bave diseriminated in its fuvor (n this caloulation, us it Is based upon our expenses for 1889, wiloh were siightly in ull(“(en- for 1888, they belug 8183 per Yisk. Our A eath ruto duri he euch $LOX al risk on 1he average mortaliy during 1888, und yoar were but i of the yeal V] of the coml Il Dr. J.W. § ¥ ast year was to 31 about & less than of the old Line combine ur expenses during the past L at risk at the close average expense ratlo ABSS wus M. . REINNUND, Comptrol wden serves the Mutual R © falthfully and well in the medical di rectorship. He presented a report whi showed that the year 180 olosed with pol; M2, slnce which tlme 12,003 applicati L approved, representing S840, which added (o the busluess already in force, y Insurance of oy howIng forran nss ipleted 1ts nie v In addition to the abo are on file in the medical depart plications re which, upon found' to be represonts o remarkn Tias just #1£1,000.000, & ation which ars of existence. od Tisks there 1404 - sived durtng 1) sty carefudy dnvestigation, W undesirghla. and consequently e , represcabing &i In ad- dition to these rejectighs many appiications W sived W Wére roturned to thie agents, having been prestrted through mis- understandings on thedt part, the applicants belng above the Hnitedage aceeptable to this fon. ward, of London, read a report, wed thit the s tlon 18 “going Great Britald/ The opposition thero wis great, bt one slanderer had been effectunlly’ slieced, o British conrt having glven small dhtidiges 1o the Mutual Reserve In the action Brought against hin and compelled him to pay £600 costs, Dr. 8. H. Tyng sent & choering roport trom Parls of asing popularity of the association Vice President Bloss reported splendid progress on the part of the agency corps. o K% Agenoy Corps. he satd, “that oar Auce over 40,000,000 of new business in twelve nthe is rmy of workers of which the of your assoclation are Jjustly < much enconragerient also in the 8, tobinson, Clinirmun of the SOLUTIONS OF CONFIDENC n, Isane H.8hields of Philadelphis, Introduced the following preamble Iution, which was seconded by Rice and adopted by & Unanimous vote Wihieroas, [tappeats from the reports of the exccutive oMeersof the Mutual Resorve Fand Life Assoeintion, Which we have just hoard read, that the promises and expectations of elght years ago have been more than ful- filled. First—During the past as<ots have iner of #641,000, Second—That the resorve fund has inc auring the same period more than one million dollars fn cash, with 100,000 0n hund yet to be apportioned. Third At the invest elation have increased fourth—That the speci recommended at our, st ann been established within sum of §00,000 in trust companlies, PUrpo; provid ment of death claims. Fifth—That the incomo of the assoclatl has increased within the pust twelve months by nearly $400,000. Sixth—"That the assoclation has patd 1he past year nearly 82,000,000 in death 10 tho widows aud” orphans, making u total paymentof more than 8,600,000, which amount wiis disbursed to more ih 10,00 orphan- ehildren of our decoased i hrs, eventh—That the business of the as r providir akens and lap rwo find that the sed by the magnificent sum 1ssets of 1he nsso- ore than 300,000, cuergency fund meeting has the year, and the heon st ap: for th for the immed! es, hus increased nore E as on hand in cash more thi h 81000 of death cluims, apy {proved, on the st v of Decembe I nssets exceeding I elaims, I results have heen .14 upon the each $1,000 insuranc provided for the death claims, for the reserve or em y fund and forall the expenses of the assoclation of every kind and chuaracter tsoever, and these ntry of the m hat the ave mhers, sum collected by all of the old system companies for the r 1888 was on each $L00 of insuraned ex- posed, or more than three tinies that collected by the officers of the Mutual Reserve Fund on un- v repeated official ions of the hooks, anestionably established and authoritative exami accounts, investments and Husiness of the ds- fon. So thorough and complete have they been thut the results would be evidence in open court: thereford be 1t Resolved, That this s snch a showing of the faithful performance of duty, after the most approved business methods with resplendent results, as demand at the hands of the meni- s of the Mutual Reserve Fund Life Asso- in anunual meeting asseubled, | w 1und commend it hereby e of this the able n 10 the offi only fo et usations and caluruuic hfully fulminated us well as againsy ciples which —underlie AL premium plan of it practiced by the Mutuifl Res Association, a systom which v ymient of such’a sum only us Wil U NOCOSSATY - expenses, n rgency, fund, and et while the reserve or eme Iy trust, and, If not req I the correot the nu- insurance, rve und quircs the weet cur- rousonablo Day e Fntd 10 the furnishing th the st hors at stated periods, life insuranc 1ual cost ¥ possible seeurit Mr. Wurring Kennedy, of Toronto, Ont. dressed the associution ' nt somv length, sny- ing that, ns General Shields had offered i res- olution ‘represonting the United States. e thought it but just and proper that the Cina- 1 contingent should be represented sepa- rate und upart, and he therefore offered the following resolutio That this meeting, having heard the reports from the cpartments of the Mutunl Reserve Fund Life Association, expresses its pleasure at the great success which b tended it offorts during the past year. This meeting desires to express the fallest confi- dence fn the executive officers, to whom Is entrusted the management of its afairs, onomieal. sound and beneficent or commends {tself to the mem- making, as it d such a provision for the widows and orph members. This meeting recognize: ty of the miombers of the ¢ was less during the pust of any of the other [eading in- punies” dolng business | I s an evidenc the stowed by the cul Department in ing risks. Thi I plodges | support al Reserve” 5o as 10 per- petuate its unparalleled success and secure its final triumph. i All the tests, Mr. Kennedy soclation had gone through only serv der it all the stronger und all the mo of confidence. Wherever {t had plan bun every Instance it maintal the people we ngout 16 wats selling Insurance atcost, und that it as rank _Idiocy to pay more than 1t was th. Mr. Kennedy also referred trial for slander agiinst ono Reid in Englind, the result of which wis to more firuily esti ssoclation on I soil. They ure nz that they o 81000 worth of insurance for just what it costs, We meun, he sald, 10 continue the fight forey “Froedom's battle once begun, ueathied from bleeding siré to son, Tho' bafiled oft Is ever wo Governor Rice said we should soon have to annex Canada {0F the purposes of gtz its orators. 4 Mr. Wilson seconded thé motion aud it was unautmously carried. ‘The thanks of the assoclntion wore also for- mally extended to Mr. Hayward of London, and Dr. Tyng of Puris, The “Father of the Association,” Mr. B, G. Bloss, made a feeling address in response Lo i request from the president to do s . Mr. 0, D. Buldwin, Presidentof the American jan und Trust Company of New Yorls, being 1ied upon, safd he presunied he was o much better business man than he was a speech maker. But he bad exumined ourefully nto the Mutunl Reserve through experts, taken i olley in it, indorsed it by words and. in writ- ng, and should continueto do so. He wus in on of lotters from all purts of untry and from all countri the Mutual Reserve, nn Wus 1o e o sufoly puny in which bengficarios wore as sure to el their moj After a few remarks by ‘others on iseullaneovs (mport, the e ed. w; AMountof the reserye or emers: assoclation Déc ad- surance country, wh at the ns- 110 ren- ey 31, 1359, was ¥2, 5 well Investe AU 4 moeting of thetrectors held subse- quontly tho followlug ofiisers were eloctod for Uha enantuie ye - BB TARDEI Presidgin. 0. D BALDWIN, V N W. RLON ond Viee I'res H. J. REINMUND, Cemptrolier and urer: el P BRAMAN, Secratilry. 3L BT KON uhd fh. W, T, AMSI Abdistant Seoretarios. § 00 D W BOWDEN, Modical Dircctor. 11 M. HITCHCOOK, Mylk, Assistant dod val Lo ' dent . C. R, BIS! Department. 8. W. WRAY uud JOIN €, ACKER, Aud- 1tors. BLOSS and H. J, ‘ommiittee. Y. WILLIAM WiL- 1EHOFF, HENRY L. ARWOODN, TSAAC I . HAYWARD. DR D, M. CALDWELL ounelil Ofi olor of Agenoies. N, Supervisor of EN D. JONE . BLOSS, Tn JOHN MULLIG. Death h McOHESNEY, Inspector of Death Cluims, W IM'N'II.Sufierindaudam of Agencl ¥ W. GRUGER HUNTER, Ohief Medi Director of Great Britain, Dooteur JULES ROCHARD, Chief Medical Director of Fran: ce, GEORGE H. MERCER, Second Auditor, ‘B. H. ROBISON, GENERAL MANAGER. Omaha National Bank Building. olleetions wer od . PATTI AND MRS, DIAZ, The Libel for Which the Mexican Ed- itora Were Arrested. The origin of the trouble which ter- minated in the arrest of the editor of El Progreso for libeling Patti was a stor, which apperred in that paper and wa reprinted in El Mundo, to the effect that Patti had used insulting langusge about Mexico, says a City of Mexico dis- patch to the New York Times. El Mundo retaited for the benefit of its readers an ancient story about a conver- sation supposed to have taken place in 1884 1n New York at the Windsor hotel, between Pawti and Mrs. Porfirio Dinz, the wife of the president of Mexico, who happened to be in New York at the same time. Mrs, Dinz having asked Patti when they would have the pleas- ure of hearing her dehghtful voice in in Mexico, received the following brusque reply from the fair cantatrice: “Ido to & country of savages! No, Senora, never! "+ “Do I look like n savag Diaz with warmth. Patt1, in an attempt to escape from her blunder, only made matt some- what worse by adding, “It is because you have t d that you are not like the rest—' The w aslkeed Mrs, er of the article proceeded to suggest that, now that Patti was in Mexico, it would be well if through her orgaus of the press she would conde- scend to say whether sho had yot modi- fied her opinion of the savages, consid- ering that on two occasions they had filled her pockets with gold. The indignation of Mrs, Porfirio Diaz atbeing made the instrumentof a miser- ably petty hostility to the great artiste can be imagined, as the relations be- tween the two ladies are of the most cordial nature, Patts having visited the of the president at Chapultapec The first impulse of Mrs, Diaz when she heard of it was to publish un official de- nial of the story over her own signature but she was made to understand that, with her position as wife of the prosi- dent of the republic, this course would be beneath her dignity, and accordingly an unauthorized denial was made through El Tiempo by a friend, express- ing her disgust at the calumny, the falseness of which was aggravated by the insolence of making her the means of attack. The story was characterized by her as being totaily absurd All the leading papers of Mexico, in- cluding El Tiempo, El Nacional, El Monitor, and El Municipio Libre bub- lished more or’ less formal and indig- nant protests against such a_breach of hospitality and courtesy on the part of any soction of the press. Mme. Patti, on the occasion of her visit to the wife of the president, had offered as the greatest mark of her es- teem and regard for Mrs. Diaz, to sing in aid of her special work of benevo- lence—the children of the poor working people who are cared for undor her su- pervision in the Casa Amiga de la Obrer the Friendly Home of the Working Woman. The compositors of the papers impli- éated were first arvested and impris- oned, but were set at liberty on proving that they were not responsible, and on the ¢ tof the responsible editors, the editor of El Mundo was released on undertaking vo publish the fullest pos- sible retraction on the following Sun- day. — ORIGIN OF LA GRIPPE. Is the Snizzard an Invention of the Jelestinla? This disorder has at length effected a lodgment in England, though at the time of writing (January 9)it has not become so universally epidemic as in some other regions. Concerning its genesiy, little or nothing is scientifiic- ally known, says the London News. As it come from the east, it may, as an ingenious correspondent suggests, have taken its rise from the mud of the Hoang-ho (China) floods, just as the choler d to have originotedin the hot pestilential swamps of the lower Ganges in India during a season of un- usual rain. Should this theory be true it only shows that the whole world is akin, and that we have a selfish ints est in providing the Chinese with com- petent engineers, In the way of reme- dies for the influenza the doctors have unot much to offer; there has beeun a great runon quinine and antipyrine, but, after all, the odds are that, like other feverish maladiesgit must run its specified course, The patients,therefore, are advised to keep warm and quiet in bed till the worst is over. As regards the method by which the discase is transmitted we are very much in the dark. Atthe time when Paris was so prostrated that, as was epigrammati- cally said, one-half of the population was adwministering tisane to the other half in bed, there were only a few spor- adic cazes in London—Iless than 300 hun- dred miles distant. On the other hand, the mysterious agency lept across the Atiuntic in seven-league boots, ravaging America at a time when the Unite Kingdom was .almost untouched. Cheery consolers tell us that the influ- enza is, after ali a trifde. It only kills two out of a-hundred of its vietims, and the young and strong need not fear it But how many people there are who are neither young nor strong! Unless as some Austrian doctor asserts, there are two dietinct epideinics prevailing it is clear that influenza leaves after ecffects which kill pretty frequently. Else why the high death rate recantly prevailing in Paris and in other cities? And, in the case of old people, influenza carries off in. the form of pneumonia those who might otherwise have survived forsey- eral years, us is shown by the deaths of s0 many persons beyond middle Life, S The Only One. The Chicago, Milwaukee & St. Paul Railway is the only line running solid vestibuled, electric lighted and steam heated trains between Chicago, Coun- cil Bluffsand Omaha, The berth reading lamp feature in the Puilman sleeping cars run on these lines if patented and cannot be used by apy other railway company. It is the great improvement of the age. Try it and be convinced. Sleeping cars leave the nion Pacific depot, Omaha, at6 p. m, dally, arriving at Chicago at 9:30 a. m, Passengers taking this train are not compelled to get out of the cars at Council Bluffs and wait for the train to be cleaned. (et tickets and sleeping car berths at Union ticket office, 1501 Farnam st. F. A, Nasit, G J. E. PRESTON, Pass. Agt, e Kmerson on Newapper Re The following is from ‘‘Emerson's Talks with a College Boy,” in the Feh- ruary Contory: *‘Newspapers have done much to abbreviate expression, and s0 to im- prove style. lhey are to occupy dur- ing your generation a large share of attention.” (This was said nearly a quarter of a century ago. It wasas if he saw ahead of the blanket editions.) **Aund the most studious and engaged man can neglect them ouly at his cost. But have little to do with them, Learn how to get their best, too, without their getting you Do not read them when the mind is creative. And do not read them thoroughly, column by columa Remember they are made for ever body, and don’t try to get what isu't weant for you. The miscellany, for in- stance, should not receive your atten- tion. There is u great secret in know- | ARTL no ona could bhe found to repaic the damage except young Andrew Walker, who kept a little harne hop in the village. He was desperately poor, but desperately bhandsome, and ns he mended the broken strap he st the same time broke our fair maid’s heart. He, too, was stricken by the self-snmo shaft from Cupid’s bow. ~ It was & oase of love at first sight. The sequel was that he earned n home, pressed his suit and ing what to keop out of the mind as well as what to put in it. And even if you find yoursell interested in the selections,” you cannot use them be- cause the original source is not of rofer- ence. Youcan't quote from a nows- pape Tike somo insects, it died the day it was born. The genuine news is what you want, and practice quick searches for it. Give yoursell only so many minutes for the paper. Then you will learn to avoid the premature re- | won his bride, and both fell asleep, full ports and anticipations and the stuff | of years and honor. put in for people who have nothing to — -—— think.” The Emperor's Daily Bre The German emporor is fond of vari- ety. even in such small matters as his ly bread, Thus he takes for breaks ast « small white loaf, the top of which is powdoved over with salt, and which nocordingly goes by the name of salt bun. After it he consumes a half-penny bun, known as the “Lucea-eyo.” For his sandwiches he requires yet another kind of broud, made of the finest Vienna flour, and bakea till the outside, which is aftorwards cut off, is quite black. At dinner, with the soup, so-called *‘broth- sticks” are ved. They are made after an Italian recipe, which 18 the secret of the court bakers. IS— Founded a Loading Family. In a York county town one of the leading families is that of the name of ‘Walker, and the story of its foundation would afford fit material for a ro- mancist, says the Lewiston Journal. It was over two hund years ago and more when a young Brunswick Iady of wealth, accompanied by her groom, galloped through on her way to Boston. There were no railroads then, and the stage or horseback was the accepted moans of loco- motion. Miss Purinton chose the latter, Assho went her saddle girth broke,and « Paris Exposition, movning! 188 PCaI‘S obtained the only gold medal awarded solely for toilet SOAP in competi- tion with all the world. ket possible distinction.” » DWAY" Raay REAiM FOR PAIN Instantly stops the most excruclating pains; never fails to give ease to the sufferer. Tor PAINS, BRUISES, BACK (TONS, INFAMMATIONS, RHEUMATT NEURALGIA, SCIATICA, HEADACHE, TOOTHACHE. or ‘any other PAIN,« few upplications aro like magic, causing the pain to instantly ston, A CURE FOR ALL BOWEL COMPLAINTS. Internally taken in doses of from thirty to sixty diops in half & tumbler of water will cure in few minutes Cramp Spasms, tomach, Colic, Flatulence, Heartburn, Colera Morbus, Dyse try, Diarrhoa, Sick Tleadache, Nausew, Vomiting, Nervousnves, Sleopledsuess, Malaria, and al intérnal pains arising from ctiange of dlet or water or other cuus: 50 Centsin Bottle, Sold by Druggists. TOPLAME PEARL o JADE ONLY 'BY;O N THEWDRLD GrOAMACBETH&LO. PirTssnrcn For Sale by M. H. Bl s, Omaha, Nebraska, FINAL CLOSING SALE To wind up our Retail Jewelry Department. All Diamonds, Watches, Jewelry, Silver- ware, Clocks, etc., remaining unsold at this date, must go for what they will bring, We offer, until store is rented, Every Article ata Bargain. Look at our Cheap Windows, Auc- tion prices Nowhere. No use quoting figures. No reasonable offer refused on Art Goods, Bric-a- brac, ete. “Price ,em and take 'em.” Our extreme low prices on Optical Goods, still prevail. Gold Spectacles and Eye Glasses, $3 and upward. Fine Steel Spectacles, 75¢ up, worth double. (Eyes tested and fit guaranteed, N. B. An extra force of salesmen has been engaged for this Special Sale, so all can be waited on promptly. Store for_Rent, Fixtures for Sale. MAX MEYER & BRO,, JEWELERS AND OPTICIANS, - - COR. 16TH AND FARNAM §18. . WATCHES Cor. DOUGLAS * JRGOBS Medical & Surgical Dispensary, Nos. 101 to 113 So. 13th St. © Rooms for Patients, Reception Rooms 39 and 40, Omaha, Neb Y ring fro Debility, Lost Mau) xhaustin TO ALL, ME %\ raing, Tarbl s, Tload And’ finck 3 Tonding £ gany avoay and porhiaps Conau ptlon or insunity, pifically, by Itation froy. Catarrh, Kheumatism, oun Discharges, wilky urin nful swelllngs quickly A radically cured. Rilustrated bogk, "1Afe's Soeret Errors” i conts. Bend for Question List on any onse !v YEFORMITI El-'flr i"‘l‘,:'\l russos.” Host Taciiliion, s ‘and remodies for muc. ossful every form of disease requiring Medioal or Burgical trestinent Biake & apseialty of b Fert, Gurvaturos Of Boin. Eilss, Tamors, Cap er. RRGCAI H lectricity. Kidnoy, Bladder, Ear, Skin and Biood &Il argical ¢ pera e Htis ascd Jasaiion DIabys 105k n DISEASES OF WOMEN aarseuter s Qumn, s gu.ston 1oy , Prolapsus Usorl, Plios, Ferialo Weaknens, Dyspopit Whioni Dioases. Skin Pimpies and Syphilis, Scrofala, Bad Blood, 8kin, Urinary Diseases and Gleet Cured for Life BUILDERS' FINE BRONZE G00DS ETCHINGS, 2 SFEMERSON, ENGRAVINGS, 8 S HALLET & DAVIS 3 S KIMBALL, MOULDINGS, ] S PIANOS & ORGANS FRAMES, = S SHEET MUSIC. UPPLIE! 1513 Douglas Street, Omaha, Nebraska