Note and Comment

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Review and Herald Publishing Association · Washington, D. C. · Apr 20, 1905

FromReview and Herald, Vol. 82, No. 16.

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Note and Comment

THE following paragraph from an editorial in the New York Sun of April 8, should be of interest to people who put their trust and their money in life insurance companies. The editorial, which is entitled “The Hand at the Policy-holder’s Throat,” has reference to the great Equitable Life Assurance Society of New York, which is perhaps the foremost organization of the kind in the world, and one which would be above suspicion if eminence and respectability of officials and directors could make it so. In fact, however, it is anything but that. Note the words of the Sun:—
No more flagrant instance, to our mind, of gross, persistent, and systematized dishonesty has ever come to light than that of the Equitable corporation. Just enough has been revealed to disclose an interminable vista of corruption and peculation in the administration of the most sacred fiduciary institution that we know in our social scheme of life. And what is the result? The trustees and directors, in a panic at the disclosure, resolve to shut it out from public scrutiny, to heap detergents and disinfectants over it, to whitewash the casement of the cesspool, and to enshroud the whole unspeakable thing in a fictitious oblivion. They have undertaken the impossible.
This is not all the Sun has to say, but it is enough. We believe there is a better kind of life insurance for the Christian than this that the world has to offer.