Omaha Daily Bee Newspaper, December 18, 1891, Page 5

SHINKS DURBIN 1S A HERD, What a Wycming Stockman fags of the Rustlers of That 3tate, PITIED THE SORROWS OF A POOR OLD MAN Krouble That a Stranger Got Into Through a Sneak Thief—About the Poutofiice Move ment, ‘John Durbin did a bold thing when he flared o tell the truths that he did to an Osana Ber rcporter about the Wyoming oattle thioves,” said a stockman from Wyo. ming yesterday. “If ho ever gets into John- son county, and the cattle thieves learn of it, he will be perforated with hullets. And vet he has said nothing that is not true. But these cattle rustlers aro desper- ate fellows and, as Durbin says, they outnumber the legitimate stockmen ana they practically run things to suit them sclves, kven the press is intimidated and thore is hurdly a papor in the territory that dares tell the truth in rogard to the rustiers, “1 soe that the Graphic, puvlished at Douglas, wives Durbin a great roast for telling what he knows and belioves. And yet Durbin practically told tho truth, I believe that I can call the turn as to tho fellow who wrote tho bloodthirsty article in the Grapuio. He 18 a lawyor and lives not over fifty or fifty- five milos from Douglas. 1 can detect him from his style. He hus reasons for defending the rustiers and they are best knowa, pos- .xm? to himself. o not believe that Tisdale or Jones, the men murdered, were cattlo hieves, and I doubt if Mr. Durbin thinks that they wero As I uoderstand his talk, he said thatin case they were cattle thieves he would shed no toars over their tragic and mysteri ous death., lvery stockman in Wyoming would say the saine thing if they belioved that Tisdale and Jones wero rustlers. A person living in Nebraska has no idea of tho roign of tervor ard intimidation that exists in Wyoming. I would not dare to allow you 1o use my name in connection with this ~in- torview, as | cxpect to return to the terri- tory. Manipulating Brands. ““The cattle thieves have proved themselves an able lot of feilows, and the term ‘educated branding iron’ is not by auy meaus o mis- nomer. Thoy have got the changing of brands down 1o a sclence. Lot mo cite you an examplo pretty close to my own observation. Suppose a stockman chooses tne brand are six, thus—(6. A rustler with his educated branding iron comes along and easily converts this brand into (3. All that is necessary is to convert the top part of the 6 1nto an 8 and tho thing Is done. This is easier and surer thau spoculating on the Board of Trade. Then there is auothor brand similar. nine arc, thus ——0). Tho rustler comes along who has registered 8) as his brand, and he eusily preys upon tho wealthy stockman by converting the lower partof the 0 into an 8. S0 you see you have two rustler brands. “But lo, and behold, here comes another rustler who beralds s brand as a_circle 5, and he mukes more money than anybody. He preys on bath the stockmen and the rustlers, Ho ousily converts tho (5 and the 9) into an 8 iuside of a circle by finishing the sphere and coverting the 6s and 95 into 8s as his follow thieves havo done. Not satisfied with this, he looks covetously upon the 1ill-gotten bords of his fellow rustlers aud with the greatost ease converts the (S aud the8) luto clrelo 8. “But what_do think of a stockman having tho brand AVA atlowing s cowboy to act as his brander when the cowboy has a herd of his own with the brand AV. ~ Would you be surprised if the brander eujoying such a snap would omitto putthe Lnal A to the AVA and thatin the course of time the brander should bave a higger herd than the stockman, and you such things havo hap- poned. “I notice that a couple of days ago an in- terview appeared in Tie Bre with & stock- man from Wyoming in which be defonds the rustlers. I know this gentleman personally and am surprised at some statements ho mukes, Ho talks about the matter of brands and inspection as run by the Stockman’s a sociation, and yot the state only has power in those matters. Still this rentleman, who was & membor of the legislature that gave the state full authority in such affuirs, wil- fuily misrepresents the matter.” Better Residences W anted. “If there is anything that the of South Omaba uoeds,” says Mr. Berry, *it is mora of the better class of dwelling houses, 1 moan residences with from six to eight rooms baving every modern convenience, sucn as bath rooms, water closets, hot and cold water, ete. At present the demand for such louses is greater than the supply, and if all peoplo secking for that cluss of residences could be accommodated a very desirablo class of people would be added to our population, As theso persons caunot be accommoduted here they seek residonces in Omaba and come here every morning on_the motor to transact their business and in the evening return to Omaha. Did these poople live here what a bonanza it would be for our merchants. They are the class of people who get splendid salaries or ave making considerable money in business and they spend it liber- ally. ~ Why cannot people who are building for the purose of renting just put in modern couvenicnces and see how readily their houses would be snupped up at a rental of from §25 to £30 per month and upwards. For wstance, there is in course of erection a doublo house of the kind 1 refertoat Twenty- fourth and D that will not be tinishea for some time. Yot 1t is already ronted, Mr, Jimes Phillips taking tho north side and Mr. A. W. Babcock the soutn. ‘There havo been ovor dozen - porsons anxious to secure tho rental of tho building since both sides woere rented, and vet the structure is barely en- closed, There are a good many cottages for rent.” Robbed an Old Man. An olderly man named John Wilson came to South Omaha day beforo yestorday seok- ing work., He visited the Catholie fair Wednesday night and whon he came out & young fellow with a light ovorcout on ac- costed him and asked bim if he could give him two quarters for a balt dollar, The old man pulled out the two quarters asked for, whereupou the young scoundrol grabbed thoni and rau, The two pieces of silver hapnened to be all the money the old man possessed and they looked to him as big as $20 gold pleces. Tu dosperation ho gavo chase to tho thief, who ran east on N street. r Saxe's drug'storo the thief darted north through the alloy, and tho old man, hoping to_ stun him, soizod u brick uod hurled it at the follow's head. The missilo went far off its mark and went crashing through & 8§60 window glass in Saxo's store. The thief escaped. Ths old man surrendered 1f 1o the police aud was lodwed in Jail uight in keeping with the time-lonored co of “tha finest” tho world over, whose motto, according to tradition, has al- ways been, “llet no innocent man escape,” ‘The old man was arraigred before the po- lice judge on the charge of malicious de- struction of proporty. As Mr. Suxe's win- dows were insured ‘he decided not to have the penniloss old man disgraced by being sont to Jail and he withdrew ail prosecution. Police Judge King therefore told the old man to go in peace and trust strangers no wore. Maintaining a Public Nulsance. The gentlemen connected with the tele- phoue company ask Tur Bek to state that the loose wires on T'wenty-fourth street, be- tween O and P, that have caused 30 many accidents of late domot belong to the telo- phone company, but to one Will Cook of Cook & Morrow. Last evening another lady was tripred by the wire and thrown on the curbstone re- celving an ugly cut on the forehead. Later & gentloman called at police headquarters to 800 1f Cook or whoever the person is who waintaius the nuisance, could not be arrested and fined, It is probablo thal & warraut of arvest will be issued today. Kuooked Sensocless. While C. Bell, au employe at Cudahy’s Packing house, was passing under some run- Rlog blooks, & heavy tron fell and struck him on the head. He was knocked sensoless and was picked up apparently dead. He recov orea cousciousness shortly, however, and then it was ascertained that his injuries con- sisted only of some ugly cuts on the head. Pushing the Postoffioe Project. ‘The members of the committea appointed by the Board of Trade to look after the mat- tor of getting an_appropriation for a public building in South Omaha declare that thoy are ip earnest in the matter and that they will leave no stone unturned to secure a post- oftico bullding. A majority of the committes mot last evening at Peter Cockrell's ofice and made preliminary arrangements looking to that end. They will mact again in a short time, as soon as dosired data can bo secured. Yard and OMce Notes. J. A. Robb of Pender sent in a car of cattle, P. Broderick of Karling, Ia., brought in cautle, g1, cattl J. 8. Kilgore of Henderson, Ia., a car of hog: W. J. Powell of Sterling, Colo,, brought in two cars of cattle. John Willinms of Portsmouth, Ta., in two cars of swine. John Hastings brought 1n stock from several southern Nobraska towns. Con Schafer of the D, I, Cattle company, Corona, Colo., marketed eight cars of cattlo. He roports that considerablo severe weather has been experienced in the west, but that stock is doing very well. Ran Frazier, a_well known Wayno, brought in a load of fancy Christmas beeves that sold readily for#.50. They were a fino bunch of steers and Cudaby bought them for the hollday trade. Young of Portsmouth, Ta., marketed brought in brought today stockman of Magic Olty Ed Cudshy, manager of the Cudahy Pack ing company, has retursed from Chicago. Bernard Corrigan has returned from Blair, where ho has renewed his youth like tho eagle. John Forbes, office superintendent at Cud- ahy's, has been called to Dos Moines by the serious illness of a brother. ‘The Stradamant Asphalt company is en goged in tearing up the defective pavement on Q street, trom ‘I'wenty-fourth to the via duct, and replacing it with a botter quality of material. Greorge Bradley bas bought the twenty five-foot lot next tothe cornerlot on the northeast corner of ‘I'wenty-thira and KK, for $1,100. Ho will erect a fino dwelling on it immediately. Mayor Sloane has gladly clothing business as receiv: firm of Wright & Baldwin. n sold in bulk to one person, npul astore with 1t. i - No gripping, no nausea, no Witt's Little Early Risors aro taken. plll. Safepil. Bost pill. - MINEES C! gone out of the r for the defunct The stock has who wiil pain when De- Small WESTERN 3 NVENTION. It Declares for Unrestricted Coinage or Siiver, EL Paso, Tex., Dec. 17.—Tho third day’s session of the Southwest Miners convontion was called to order at9:30 this morning. Tho hail was crowded with fully 1,200 peoplo. The committee on resolutions, with ex- Senator John H. Roagan of Texasas tho chairman, submitted its report. It requests the friends of silver to have a definite policy in view, and thoy should labor to secure the freo and unlimited coinage of sil- ver, und seek for tho repeal of ' roquirements to purchase silver bullion, and_issue trgasury notes thereon, securo tho reopening of the miuts of the United Stales to equally unrestricted coin- ago of gold and silver into dollars of the present standard, these gold and silver dol- lars to be exnctly 'equivalent to logal tender unts of account in the United States. The resolutions coucludy by the demand- ing of the congress of the United States that mining_ property be exempt from the prc sions of the law weich probibits invest of forcign capital in roal estato in the terr tovies. “T'ho resolutions were adonted amid tro- mendous applause, and the cougress ad- journed sine die. TRYING TO TCH THE ROBBERS, ts Wanamaker Offers a RR>ward for the Chicigo Bandits, Ciitcaco, TiL, Dec. 17.—A man whoso namo the police refuse to zive was arrested today ou suspicion of being concerned in tho rob- bery of the United States mail wagon Wednesday. Postmastor Geaeral Wanamaker has of- fered u roward of 500 for the capture or in- formation leading to the capture of each of the men who took part in the robbery in tho ma!l wagon in tus city Wednesday night. Ge many's New Treaties. Benniy, Deo. 17.—Tho new commercial treaties between Germany ana Austria; Hungary, Germany and Italy and Germany and Belgium passed the second reading in tho reicustag today, aftor a snort debate, “The thira reading of treaties will be taken up tomorrow. et S DeWitvs Littlo Early fisers; only pill to cure sick headucho and regulato the bowels. B PERSONAL PAR LGRAP S, Osgood of Lincoln is at the Faxton, hipman of Plattsmouth is at the Pux- R. it AE ton. W. W. W. Jones of Liucoln is at tho Ar- cade. J. W. Millard. Judge Joseph Crites of Plattsmouth 15 at the Arcade. S. 5. Hadley of Cedar Kapids, Neb., is at the Paxton, J. 1. Underwood of Lincoln is stopping at tho Millard. Jobn G. Maber of Chadron is registered at tho Millard. . M. Stewart of Buffalo Gap, . D, the Murray. Mrs. G, M. Humphroy of Pawnee City is a Millard guest. A. S. Scheiblach of Beatrico is registered at the Dellone, Jarvis Rickards of Chadron is rogistered at the Murra James N. Jackson and wife of Sioux City are at the Murray. E. B. Hopkins and wife of Wilcox, Nob., aro st the Dellone. J. C. Dawson of St. James, Neb., ping at the Accado, C. L. Pattorson of North Platte is stop- ping at the Murray. C. B. Holcomb, railroad City, is at the Millard. Dennis Sheedy, o capitalist of Deuver, registered at tho Millard el Manning and wife of Hastings are d at the Dellone. W. T. Auld, a banker of Guide Rock, Nsb., is rogistered at the Arcade. Ashton Boyle and E. Tilleson of Kearnoy are stopping at the Paxton, A. E. Rickly and A. M. Modisett of Rush- villo, Nob., are rozistored at tho Arcade. Charles S. Spotswood, a former real cstate oaler of this city, but now of Chicago, is at the Paxton, W, J. Cook, secrotary of Koeloy's lustituto at Blair, and'Eugene Opeltof the same place, are at the Dellone, W. I%. Tibbitts, general passenger agent of the Denver & Rio Grande railroad sl Den- ver, is at the Paxton. Georze W. Baxter, division superintondent of the Union Pacific, with headquarters at Cheyenne, 1s at the Paxton. Mrs. L. K. Kneale of Deadwood, S. D., io the city spending the holidays with parents, Mr. and Mrs. Ernest Stubt. C, L. Williams, A. Delong, Thomas Bul lock und J. West, all woll kuown resi- dents of Eremont, went south ou tho Mis- sourl Pacifie for & bunting trip in Arkansas and Toxas. Hou, 7. J. Morgan, commissioner of In- dian affairs, who was expocted to visit Omaba next Sunday telegraphs a_ckange of plau which will disappoint a good m; peo- ple 1o this city who hoped to hear bim ‘speik upon the [ndina question ut the Prosbyter. fan church Sunday evening. Tho commis stoner will be in the city part of Saturday s to spand Sunday at Lincolu vis Porterfleld of Sioux City is at the ) ls at 18 stop- man of Kansas is is her - Vaa Houteu's Cocoa hest.” *Bost and goss far HL OMAHA DAILY HTIMATE MUIUAL BURANCE L LIFE IN- And the Investment Tontine Variety. Mutuality means equality of burden and of bevefit; the same cost to each man for the samo thing; there 18 no favored class, It also means that the policy holders of a company are its only mombors, They dis- pense with the services and save the cost of a stock capitai; they, ns a corporate body, control tho business themselves, take ail the risks themselves, save all the profits for themselves, and 50 do the business for the whole number at its oxact cost, and do it for each member at his proportionate share of tho total cost. Each I8 to pay the full, exact costof his individual risk and for that of no ono else; oach is to have his risk carried at its individual cost, i e,, its individual pro- portion of the total cost. No one member is to make a profit out of any other; bacause, capital stock being dis- pensed with, each man's premium is caleu- lated upon assumptions, and “loaded” with a margin which serve the protoctive purpose of capital stock as to his own policy: and tho aggrogate of the margins of all tho members protects the business as a wholo. Isach member furnishoes bis sharo of the protection to the whole; thereforo, no one is entitled to any profit out of any other's pay- mont. Life insurance is simply the payment of death losses, 'L ho payment of thoso losses they occur, the provisions of roserves for those to oceur, the expenses of management, and taxes make up the total cost of tho busi- ness. Risks differ, as ages, amounts and plans differ; but the premiums differ accordingly; s0 thut oach wan's burden of premium is duly proportioned to the burden of risk ho im- poses ou the rest. This premiuim cacn man ugrecs 1o pay. uily this: as his or Each man's preminm entire avd proper sharo of the wholo possibie cost of all the in- suranco the company is carrying. In cal- culating it the company assumes that it will have a certain maximum, yearly d rai, increasing with age in a cortain seato, u cor- tain maximum rate of oxpense, and will earn a cortaln minimum rato of interest on its ro- serves. If each of these assumptions is just roalized, then each man's full premium is necded and is his exact proportion of tho wholo cost. But if the losses are less,or the expenses are 1ess, or the interest earned is more than was assumed, then the wholecost is less and each man's share of it is corvospondingly less. How is the reduced costof the wholo business to be adjusted among the members! Obyi- ously it can bo done oniy by reducing each man’s premium proportionately. 1f tho business as a4 whoto has cost in any year less than was assumed in calculating the premiums, then the premiums were, for that year, so much too high; each man bas overpaid. Mutuality demands the return to each of his own overpayment. ‘Phoen all will stand on the samo footing relatively as if tho whole business had cost the whole of the pre- miums. If each receives back his own over pay ment, then each will have paid the company for the yoar just what his risk has cost the ny for the year. and will have paid in the samo proportion asif thore had besn no suvings from losses, expenses, or in terest—no overpayments—aud as if it had required all the premiums ind all the interest to meet losses and expenses and provide the reserve, But if theso savings or overpayments aro distributod in any other proportion, then some, by gottiug baclk more and others by getting loss than their own overpayment, are made to pay less or moro than their share of tho yearly whole cost, and to pay in a differ- ent proportion than if the cost haa taken all the premiums and interest to meet it, leav- 1ng no surplus. Obviously, one's proportionate share of the wholo cost of a yent’s insuranco ought not to be greator whei thoro i3 a saving than when there is none. “These considerations would seem to settle conclusively the methods by which dividenas of surplus or returns of overpayments should bo made, either for mutuality or fairness, WHEN SHOULD THEY BE MAl Sinco the return of surplus simply adjusts tho assumed cost and the actual cost of - surance, and is, 1n_effect, merely a return of overpayments, 1t should bo made us often us tho actual cost is ascertained—whenever the overpayment is dotermincd. The preminms are paid in_and intercst is earned and col- lected yoar by year; the losses and expenses are paid and the reserve provided year by year; each year’s income and outgo are bal wnced by themselves, The cost of insur- ance is derermined and met in and for each year by itself. T'he savings, surplus, or over- payments ave determined in and for each yoar by itself. There is no reason why the surplus should not be returned each year, or such portion of it as prudence will allow, no veason why such portion as may ve safely di- vided shoula bo retained forany period of years. Especiolly is this true of any compa- ny with a_considorablo business and an ex- perietico sufticient to establish the safoty of its assumptions as to moriality and 1nterest and which doesn’t expect to spend for ex- penses moro than its future premiums will proyide, The whole substance of mutval life insur- ance wethod §s that each man shall get his insurance at its yvearly cost to the company. The natural course of business, therefore, in'a mutual life insuranco company would be tocharye a premium certain to bo large enough for all contingencics; to select its risks carofully, so s to keep well wittin the assumed mortahity; to invest its reserves as profitably as is consistent with porfect safe- ty: to keep its expenses as low as possible; in all these ways trying to muko tho yoarly cost ns small as possiblo on the businoss as a whole, and then each year dividing tho st vlus or overpayments to those who contrib- uted them in proportion of contribution or overpayment, so giving to each policy holder bis insurance at just what it has cost tho company to carry him for the vear, neither making bim pay more than that cost by giving him less than his proportion of tho division and giving the rest to some favorved person or class, nor allowing bim to pay loss than that cost’ by giving him more than his proportionate share, taken from some other policy holdor or ciass. Thus the compaoy recoives from each policy nholder all it las cost to carry him, aud thus each policy holder pays yoarly' no more than it costs to carry him—a perfect balanced transaction, IMPORTANCE OF NON-FORFEITURE, And mutually produces auothor most im- portant practical rosult. No man knows how long he may be ablo to carry all the in- surance protection his family needs. They are pretty oartain always to noed it. Finan- cial reverses or ill-health aud the loss of power to earn money may at any time como to prevent bis carrying bis insurance further, And tho less ablo he becomes to pay the more does his family need all the in- surance they can possivly get; and all they car: then wot is all tco little. If, now, ho is insured in a company which y and thoroughly fultills the promise ot mutuality, when be'is unhble, or no longor needs to carry his policy, thee pany willno longer need for that purposs what ho b been from year to year contributiog to there- serve, and his sharo or contribution to tho serve will then bo used as a single premium for a paid-up policy for such amoun. as it ought to buy with full regard to the princi- vlos of mutiality. ‘Then, 1n auy case, whether ho gons stops, and whother o stops from choice or necessity, b will receive in some form of policy ail' the insu ho has paid for, and tho company will recoive its full pay for all tho fnsurance it give ‘Phat briefly but completely describes legiti- mate life insiranceon the mutual plan,admin- istered oxactly accoraing to the soveral ele ments entoring into the transaction and fully satisfying ench one of them. And by *legiti- mate life insurance” we mean life insurance regarded as a s ice to the community ~life surance for family protection, which is the only servics it ean render, just a8 fico insur- ance can serve ouly for property protection. Life insuranee protocts the family or an es tate from the loss of the money value of its head, or @ creditor trow the loss of the life of bis debtor, and fire iusuranco protects an owner againat thu 1018 of the monoy value of his property, or a creditor from the loss of the value of the property securing his debt, The ouly difforence betwoen Iifo und fire in surance is the th insurs Who would think of making a specal is 0 in sur 2 fnto it stment” operation TONTINE OB INVESTMENT POLICE on or Wiow ©0 oF goin s an £ AND BONDS, As against the simple, clear, straightfor- ward way of of ifo jusurance as pro tection, and giving each poitey holder all of that protection which he' pays for, at just | | | or overpayments of tnosn BEE PRIDAY, what each costs the eompany sear by voear, and making that costas small'as possible by economy and careful magugement, the ton tine companios set thei¥ policy holders to spoculati ith each other on the chance that one part of thems may get an oxtraord ary and otherwise 1mpossible benefit out of the other part; that one part muay go% its insurance at much loss than its cost to the company by the othen part paying much more than cost. To this end they postpone all aividends for periods of ten, (ifteen or twenty years, on the expectation that there. by the dividends Il be made larger than by tho mese. nccumulation of in terest duriug those pericds. Tho theory of the speeulation is that dur- 1ng those several periods of postponed divi- dends many persons who have paid in anv where from one to nineteen premiums will be compelled to lapse their policies, leaving with the compunios their reserves and ull the overpayments and other surpius which have been accumulating while their policies wero in force; also that those who die during these poriods and have kept thelr policles in force so that the companies must pay the face of the policies, will bave large amounts of rpayments and surplus, which will be t with the companios, T'hey calculate that in twenty years, at least 650 out of every 100D will have died or lapsed. 8o the plan is to forfuit to the Tontine pool all the overpayments or surplus of botn thoso who dio and those who lapse, and such part ot the resceves of those who lapso as is not called for under their rulo. It a man calls for a paid-up pol within six mounths after he lap-es, he thus gets back the value of a portion of his reserve, but loses all the surplus he has earncd; if ho doesn't call for it within that time, be los the whole, The old Tonties take the whole, both reserve and So the pool is mada up of all the dividends who die and of those who lupse aud from one-third to the whole of the reserves of those who lapse. Aud this is ealled “investment insurance.” Kach man bets all s overpayments other surplus and all ora conside: whatever he n contribute to the reserves ud the paid-up insurance it will buy that he will both live and pay ull his premiums due- fiie the period. T'wo points are obvious: those who die and those who lapso will have paid for theiv in- surance while it was in force more than 1t has cost the company to carry them by just the amount of surplus and reserve which they forfeit to the pool, and those who live and pay through their respective periods will huve had their insurence at just so much less than it has cost to carry them as the surplus and reserves forfaited by the former class exceed tho surplus properly earned on their own payments. If tho theory of the schome is in any degree reaiized, the unlucky class will pay excessively and the lucky wiil bo greatly favored. Whoatever this is it 1s not mutual life insureonce; it is not the cer- 1 full andeo nplete protection of life in- surance to each man's own family which his own premiums have paid for, and at just his own individual cost to the company. And yet three of the four great Tontine companios, tho Mutual Life, the New York Life and the Northwestern Mutual, are by charter nd organization purel mutual companies, founded to treat all exactly alike, The Equitable is a stock company, but fiies a mutual flag in soliciting. The Now York Life and Equitable began the speculation twenty vears ago, but as late as 1882 the Mutual Life said of itself: “But it does not issue Tonting polu HOr eNCOUTARO ALY OUC to engage in the Tontine gameo, The prin- ciplo of the game is to rob the unfortunate by canceling their poncies without —con- sideration, when it is found impossible to reise the money for prominms: and the ob- ject of the game 1s allezed Lo be the opror- tunity for companies which pay very small dividends to conceal the fact for aterm of vears called a *Tontine perio: Wo advise every man to beware of any company which engages in the Tontina game.” Bnt in 1834 the Mutual Life engagea in *‘the Tontine game,” and now presses 1t with remarkable vigor. Evidently it is a “game” for rich men only: the profits are to come out of those who are, or who become too poor to carry the load. The inducement to the specuiation is pre- sented by “estimates’ or “illustrations’ of what the gividends may possibly be if one lives and pays threugh the period of post- pouement, saying nothing of courso of what he will lose by daving or lapsing. And these stimates,” ote., aro fortified by the state- ment that they do not exceed the actual set- tlements now being made on Tontine policies issued ten, fifteen and twenty years ago. The argument is that if those policies yield present results, then equal results may bo looked for ten, rifteen or twenty yoars hence, ‘I'wo graat facts are carctuily concealed from tho public about these present settle- ment of former tontine policies, and their use as “estimates” or ‘“‘illustrations’ for those now issued: Iirst. Tuo present settlement of surplus or “results’ on tho tontino policies issued ten, fifteen and twenty years ago are only from 45 to per cont of the “estimates’ of surplus on which men were then induced to take them. The speculation has literally not turned out half as well as it was repre- IPor instance, the man who fiftcen years ago, was induced to take a $10,000 policy on un estimate of $4,655 cash surplus av the end of tho fifteen-year period, gets now only $2,004.70 surplus, which is also the present estimato on a like policy now issued with dividends poatponed until fifteen years hence; theo reduction from estimate to resulu on a like policy with a twenty-yesr period i3 from #),556 to $4,975.70, which last sum is now used as an estimane for the next twenty year period. Sccond, These “'results’” on former tol tine vol , disappointing as thoy are, ar an entively diffevent thing from the *“‘results’ on tontines, ‘*‘consols,” *‘bonds,” or othor like schemes now being issued and for which the former are now used as ‘‘estimatess’ and “illustrations." I'he tontines now being settled are not the tontines and consuls now being issued, and the use of the settlement of the former as an “llustration” of tho latter is entirely mis- leading. The tontines now being sottled are full tontines; that is, a person lapsing forfeited not only all his dividends, but s entire re- The toutines, consuls and bonds, etc., now being issucd are in reality what are called semi-tontines; that is, a person lapsing, though forfeiting all his accrued dividends, is supposed not to forfeit his entiro reserve, but ouly a part of it. ‘I'ese forfeited ro- sorves ara the backbono of the tontize pool. T'o usa a pool contalning full forfeitures of thom as an illustration of one to contain, say onmly oue-thivd of them, is a performanco each can characterize for bimself, And it full toutine rosults in only oune-half the ‘‘estimated” surplus, how near to that same result, now used asan “estimave,” cau a semi-tontino policy be expecied Lo come! The attraction of the Tontine policies, bonds, consuls, ete., being the prolits ox- pected from forfeitures, it follows that for- feitures will ba gultivated; that the man- agers will reach out after all the forfeitable material possivle. "The greater the volume of business and the higher the premiums peo- plo can be ot to pay for it and the more it is forced —the greater the nuwmber that can be induced to @ a chuuco in ‘‘the game," und the higher each one can bo made o bet—the groater the number of probable forfeitures and the greater the profits from them, Two things would upaturailly follow from that; these compunles would adopt very high premium plans, with very plausible features to appare.ily overvajsnce the promiums—as if anything courd be worth more than it costs and wo pay commissions that would en able them to empioy‘a vast body of agents o promote “the game!? And procisely these two sthings have fol- lowed, These cowpanies have taxed actua- rial ingenuity to present novel plans, with features «of apparent extraordinary advan. tage, vut all, in fact, fully covered by tho high and novel premiums ctiarged —as if they could give anyihing at less than it cost and each ilated o fursish s much proiit as possible in case of death or lapse. And they have put up commissions and Sinducements' to ngents Lo a point that a fow years would have been considered a me- nace of trouvle, and would be today wereuot the tontine surplus just us available for ex years heuce. Ttey huve covered the world with agents et ot pure iife iusurcance as a simple prote but “estimatos' an “ilustra tions" the mauy forms f *‘the Tontia Bune, And thev are getling au enormous and swri for us the ubstance und evi dence of success. But the truth is, they are compelled to get a great volume of new busi thing depeuds for its succass 0i un CnUrmOUs much | DE ( l‘ '\IBFR 1 HH] Be sure and buy your Holiday Gifts and the price at LOW water mark. things we have to offer. Silk Embroidered Suspenders Silk Mufflers Silk and kerchiefs. Colored Silk Handker Full Dress Gold and Silver Mounted Um- brellas. Gents' Street Collars and Cuffs. Sillk, rino Hosiery. Linen Initial Neckwear. Lisle and Cashmere Me- or the Holidays. now while Here with a few s Silk and Fl¢ is at HIGH stions of theé the stock sugges innel Embroidered Night Robes. Hand- Smoking Jackets. Dressing Gowns. Bath Robes. chiefs. Gents’ Besides House Coats. Jewelry. numerous articles that await your choice at prices ranging from 25¢ to $25 and Dress Gloves In our stock of Men Overcoats and Suits the greatest value that your Children’s we offer you Boys’ and money ever bought. N. B. Orders by mail get the same attention as though the buyer was present in person. Browning, King & Co., RIENEIAN BN @ B @4 ETE: s Southwest Corner 15th and Douglas. Send for Catalogue. outflow; they have | oxpensive, bit they ot it for the present; tha profit is in the outflow and what it leaves. They aro getting that, too. Several of these compa- nics Lave in five years “marked off”’ more, by many millions, than they had in force five years ago, The great inflow must be kept up, no matter by what device nor at what expense, in order that tho great outflow with 1ts rich forfeitures may not ceaso. Plenty of grist must bo had for the forfeitura mill. But tho expenses are gaining on tho profits, as is evidenced by the steady shrinkage in Tontine dividends. and the difficulties of keeping the *new business" favenough ahead of deaths, lapses and surrendors increase every year, During the last five years the great Tontine companies have mado au aver- ago lucrcaso in their expense account of nearly 20 per cent of itself, and ove cont of the premium and interest inc until now their exponses of manng. average over 20 per cent of their gross incomo; over 220 out of every £100 in promi- ums and iunterest alike goes for expenses. How can a business with such an expeuse make ‘an investment' cxcept through a spesulation 1n which somebody has got to lose & zood dsal! It is not strango that they seck to divert attention from their expense account by com- paring it with *new business’ or “amount at risk.’ or, indeed, with any set of figures | ratiier than with the iacome account out of which expenses as well aslosses and dividends must come. Thero aro but 100 ceuts in and if 20 aro taken for expensos onl. Il remain for other purposes. And ding the ratio of the 20 cents to something else than the dollar out of wnich it comes won't elp anything. It doesn’t restore any- thine for either lossos or aividends, Tu contrast with all this The Counecticut Mutual usks the most careful scrutiny of its simple, direct, unsophisticated plans, which give ubsolnto protection with perfect mutuality and perfoct equity to all, at a le cost tots policy holders as a whole than in any other company, on A mOre conservitivo basis than in any othor, and with an expense account, both for the last year and for the last five years, of ouly 937 per cent of the income, inflow and an_eunormou made the inflow very JACOB L. GREENE, President. Forbidden fruit is sweetest, and because Boston suppressed “The Clemenceau Case" tho rest of America insists on seeing it. That bit of Puritanism has boomed a com- monplace affair into notorioty aud financial success. The play is one of those French fover aramas which drag a wanton woman's life across the stage and then kil her in the final act. It is no worse from the standpoint of moral purity than others of its class. The model sceno lasts scarcely ten seconds, and the modov's tights are too obvious not to disturb the illusion. Aftera round of so- cioty drama with decollete gowns, of comio opera with girls in flesnings aund of bur- lesque with skirt dancing, tho theater-goor who would select tho fleeting pose of 1za as a subject for moralizing must be a hypocrite or have a rled goodnoss, “The Clemencoau Case’ began an engago- ment At the Farnam Street theater last pight, and it is hardly necessary to say that the house was crowdoad. The company is in no way remarkable, though Miss Sybil John- stone is attractivoin face ana figure, but it gives a porformanco that will pass as ac- coptable. ‘Thero was a considerable sprinkling of ladies in last night's audience, and the de- mand for tickets for tho Saturday matines indicatos a strong desire among tho feminine element to indulgo in this biv of alloged naughtiness. e A very small pili, buta very good on Witt's little Early' Risors. ki Italians Getting Anxious, Rowe, Dec. 17.—In the chamber of deputies today Signor Guelpa asked if the government proposed to settlo the matter of the lynch- ing of a number of Italian subjects in New Orleans, U, 3., in March last, aud why the Italian consul ' that city had not been re- called, It was the intention, Signor Guolpa suid, to put an end to tho strained relations existing between toe two countries and for tho Italian government to tuke such steps as to insuve in future that the Italivn subjects would bo protected — DeWitt's Litule tarly Risers for the liver, - Marriage of captain Berne, Mascovri, 1L, Dee. 17.—-Captain John Berne of the United States cavaley stationed | av Fort Reno, was married yesterday after uoon to Miss Gussi Bruening of New Athens. De- DELICIOUS Flavoring Extracts NATURAL FRUIT FLAVORS. Venilla Lemon Orange -~ Almond - Of pertect purity. Of great strength, Ecoenomy In thelr use Rose etcy) Flavor as dellcately and deliclously as the fresh frults | | Open till 9 p. m. evenings. THE KING OF ALL COUGH CURES; DOCTOR ACRER'S ENCLISH Sold in England for 1s. 1%d,, and in America for 26 cents a bottle. IT TASTIES GOOD. Dr. Acker's English Pills Cure Sickness and Headacho., URE Sumatl, pleasant, orlto with the INK 1LLS | W. I HOOKE) . NEW YORK. e Tor sule by Kuhn & Co., and Shorman & MeConnell, Omaha, Ralph: WHAT KIND OF A FELLOW IS THE NEW BOY? Harry: On, ME 'S ALL ST. NICHOLAS." RIGHT, HE READS Buy a Christmas number of * ST. NICHOLAS ™ (25 cents), or send $3.00 for a year's subscrt dion to. The Century Co., of New York. HORSE BLANKETS ARE THE STRONGEST NONEGENUINEWITHOUT 1w There are 100 678 stylen, each at its cost, 5t yots can buls. A “Waker it st of Al 6/A Extrn Test ranks noxt o 6/ Raker, &/A Horse Blaukels €0ld by all dealers. LeDuc's Periodical Pills. Tho French remody acts directly upon the generative organs and curos supprossion of the monses. 820r threo for 5, and can ba mailed. Should noube used duringpreznancy. Jobbors, nggists and the public suppliod sdman Drug Co., Omabu. PNEUMONIA LURKS IN EVERY COLD. cold, tha the lungs Intho discutse of aonstor unmasks and claima evorything itout, or you can drive It out, bt to o must e very promptend faltiful in Once | tonritls You cu do elther your use of Dr. Schenck’s PULMONIC SYRUP, the natural guardian of the lu ngs against all In Hammations and congostions. a nd the ro teetor of thelr Al spuraton Anrm your p y of mankind' You h o Syrup, whose prose withstand. As an fons. Kroo the stomach, 1tver and ans of Dr. MANDRAKE and w8t your entire system to hoalthy the monster, pneumonia, thus f I syrup. the Mandrake Piily and all 1y wall DR SCHENOCK'S book on Liver Coui and Dyapepst DR L SC HENCIN daePini A M. KENDERSON, ablished 187, GOMM!SSIOI MERCHANT, Grain, Seeds, and Provisions. Nosa. 2 and 4 Sherman 8t., Rooms 68 & 69. CHICACO. Fi~ t-elass facilities for the handling of Girain, Flold and Flax el lexciangosud Anerican Kxchang National Banks lungs an ull the Schenck'’s PILLS work Consumption, ont froe. phia, P Saturdays until 10 o'clock, AMUSEMENTS NeWw Jcer o Goon Theatre | Sear For s0c. nth and Harnoy Stroots Yon Youson in Com Childeon Cry for “Yor Only_one World Iwo Bie % it World's Fairin Chicago an i Ao In Ol FIRST TINE IN OMATIA. Sunday and Monday, Dec. 20th and 21st YoN YONSON A comody 1y to Town. The o i 3 nets, Inrodueing 1 Dl HEEGE and thie clever soubretto, ANNIE LEWIS FARNAM ST. THEATERq_vosuine_eeicos™| THURSDAY., FRIDAY, SATURDAY nt Ladies’ Matinoe Satur Tho New York and Parlsian § The Clemencea.u Case, MISS SYBIL JOUNSTONE ue *12A. l'}’l‘ ~\\||\\' IRT A —THE INTERNATIONAL— S7UGCS0 ® INVAR® TONIGHT AT THE COLISREKRUM! ADMISSION 25¢ FARNAM ST. I‘III:/\TLH . und; and Saturday BOBBY # GAYLOR 3} IN THE MERRY PALCE-COM! DY SPORT McALLISTER, “° reln worldot DIME EDEN MUSEE. Corner 11th and Farnam Streots. WEEK COMMENCING MONDAY. DECEMBER Lith Cinronce Dnle, Big Headed Boy Dewmetrus Kohopskl, Siberinn Exile, Lo Roy, Dentieno Nail Driver Cupondd, Hindoo Juggler, Goo. Shivly, Barlione, St rtlsta. | Kitpatrick, One loguod ns, Chauplon Ciib Swi M hetier. W & M. Dime. Opo: ADELINA PATTI 10czEmq () Is The Best Try vinced. TURNER-FRAZER MERCANTILE CO Sole Western Agonts, St. Joseph, Mo PER-CENT | INTEREST PAIDONDEROSITS | a7 OMAHALORNETRUSTCO, SAVINGS - BANK | SECOR. 16" &NOUGLAGSTS. | CAPITAL:S 100.000.00' | L DIRECTORS [ A LWWYMAN-E.W.NA' I||‘ ation, all the wee folowing Wodnoaday, Filduy 06 . Carmeacit, THE Parkor, Amorica’s o Olympin Quartote, The Vraln Childron, Chtid Bloyolist. Kdw, Lowls Paul, Hande n the market. it and be con- S| JHMILLARD GUY-CHARTON: G. 8, I.CI"_F JBROWN - THOS L. KIMBA, NEBRASKA National Bank 0. 8 DEPO:ITORY. - Cupital ....... surplus, ; Ofticers and Diractors OMAIIA NEB .$400,000 e OB,000 Tenry W, Yates, Prosltonts Lowls 8. Heod. Vicw P'resid G 8 Miurla. W, V. Morse, Jobn 8. Colliny, It C. Cusbiog J. N. 1L Patrick, W. IL 3. Iughes, Cashior. THR IRON BANK, Cornor 1203 anlFaraam 3. UNION DEPOT HOTEL, Corner 10th and Muson Streets tilng frs 1arn in Now bullding, now furniturs, overy olusa; fAnest location 1 thi 3 all m provements: Steam Heat: Gua: Call Bella Bath and Barbor 8 n; Klectrie and Cain Cara to any part of the by, Try us snd bo con vincd that wo hin sk hoitaa for the u wost of Chicago L0 81,50 per day TO WEAK MEN " tha ot of | rrors A, ot Prof ¥, U, FOWLER, Moodus, Conw