60 
FOREST AND STREAM. 
took place at Dexter Park to-day. The number of members was 
sttiall on account of a misunderstanding of a postponed shoot. 
The result of the shoot will be found below. An election of 
officers for the ensuing year took place, with the following result; 
Henry Knebel, Sr., President; E. A. Vroome, Vice-President; 
Dr. J. W. Moore, Treasurer; William Sands, Secretary. The 
club shoots under classified rule at monthly shoots, A chance 
is thereby afforded for poor shots to com.e in for a prize. Last 
year E. A. Vroome won the first gold medal, J. B. Voorhis won 
the second gold medal. Dr. ]: W. Moore the silver medal. The 
dues are only $3 a year. The club shoots every second Tuesday 
of the month, at Dexter Park. 
Handicap : 
T B Vagts... ..,.2111111—7 R Smith 1110021—5 
T B Voorhis........... 1122121— 7 E A Vroome 2112001—5 
Wm Sands .......... .2222222— 7 T Akhunst .............0101202—4 
H Knebel, Si?. ....... ...2111101— 6 Timke ..............1020120—4 
J L Pilion 0110201—5 
Dr. J. W. Moore, Sec'y- 
Tom Donley's Tournament. 
Tom Donley's second international tournament was held at 
St. Thomas, Canada, on Dec. 27, 28, 29, 30. The weather was not 
ideal. It seemed as though the weather clerk tried to crowd into 
those four days, samples of all his stock in trade, for the benefit 
of our American visitors. From mild to cold, from calm to high 
winds, with snow and rain thrown in to vary the monotony, was 
the order of the day. When this is taken into consideration, the 
attendance was fair, and the shooting above the average. Clean 
scores were next to impossible, even the experts falling down 
by the way. 
The event of the tournament was the race for the Gilman and 
Barnes international live-bird gold medal, which was won by R. 
D. Emslie, a St. Thomas boy; with a score of 19 out of 20. There 
were twenty-four entries in this event. 
A two-men team race took place, five teams competing, and re- 
sulted in a surprise for the experts. It was won by Donley, of 
St. Thomas, and Werke, of Cincinnati, who scored 19 out of 20. 
Hallowell and Fanning were second with 18. 
Great interest was centered on the five-men international team 
race, for a valuable silver trophy, between Detroit and St. 
Thomas teams, which was won by the St. Thomas Gun Club team 
by 5 birds. They used King Smokeless powder. 
The birds used during the tournament were strong and fast, as 
shown by the fact that sixty are marked on the score sheets "dead 
out of bounds." 
The management of the tournament was in the hands of John 
Parker, of Detroit, assisted by an efficient staff of local men. 
Among the visitors were: J. S. Fanning, of San Francisco, 
representing the U. S. Powder Co.; Mr. and Mrs. M. F. Lindsley, 
representing the King Powder Co., of Cincinnati; John Hallowell, 
representing the U. M. C. Co.; Tramp Irwin, of Chicago, repre- 
senting the Laflin & Rand Powder Co.; A. Werke, of Cincinnati, 
and W, Thompson, of Jackson City, Mich, ; Fairbairn, of Min- 
nedosa, Man.; Marks, Mercier, Wood and Brady, of Detroit; M. 
Graydon, of London; Miller and Virtue, of Woodstock; H. Bates 
and Scane, of Ridgetown; Reid. of Hamilton, and others. Great 
surprise was expressed by all the shooters that Josh Wayper, of 
Hesper, champion shot of Canada, did not put in an appear- 
ance, especially as he won high average at last year's tournament. 
First Day^, Dec. 27. 
In the first event, live birds, J. Handley, of St. Thomas, dis- 
tinguished himself by making the only clean score. In the targets 
Thompson won high average, breaking 135 out of 140; Fanning 
second with 133; Hallowell third with 128. 
Events: 12345678 
Targets: 10 15 20 25 15 20 20 16 
Wood 9 13 17 24 14 18 19 14 
Parker 6 13 19 19 13 18 18 15 
Hallowell 7 11 18 22 15 20 20 15 
Thompson 10 15 20 25 14 20 19 12 
Fanning 10 14 20 21 15 20 19 14 
Pridhomme 8 13 ,. .. 10 10 
Irwin 10 14 ., 15 .. 16 .. 
Scane- ,. 9 13 18 21 14 19 17 13 
McPherson S 11 17 21 12 .. .. 13 
Emslie 9 12 15 21 12 15 19 11 
Handley 18 • .. 
Fairbairn .. 13 16 .. .. 16 .. .. 
Doniey 9 17 15 14 12 12 
StottS 4 s-ri* ».'r^^* ..i. h ...»."*•**'♦.• " '• = " 21 .. .* 
Virtue . i i i i , . . . . i 13 . . . . 
Thompson broke 135 out of 140; Fanning 133, Hallowell 128, 
Ten live birds, $7: 
Wood 2221220200— 7 Brown ...,2*10111011—7 
Parker .,..1021220220— 7 Bates 2*02220202—6 
Halloween ......... .2220202002— 6 Stotts 0022222222- 8 
Lindsley ...2222220222— 9 Donley *121010222— 7 
Irwin 222*120120— 7 Miller 1120221020— 7 
Pridhomme 0012000001— 3 Virtue ...2102212000—6 
Meister 2001122022— 7 Fairbairn. 111*100001—5 
Fanning 2212021222— 9 Scane 1011221102— S 
Emslie ,.21121012*1—8 Graydon ..0**2211202—6 
Brady ......0012100122—6 Hanley ......2212221122—10 
Thompson ........ .22*0201202— 6 
Extra event, 7 live birds, three moneys, 60, 30 and 20: Handley 
7, Stotts 6, Fanning 7, Parker 5, Miller 6, Brady 6, Hallowell 7, 
Thompson 5. Donley 3, Lindsley 6, Graydon 6, Emslie 7, Virtue 
6, Scane 5, Werlce 4. ; . ustxt 
Second Day, Dec. 28. 
On this day more interest was shown both by shooters and 
spectators, as this was the day of the international handicap, for 
the Gilman and Barnes gold medal. It was won by R. D. Emslie, 
of St. Thomas, by a score of 19 out of 20. Geo. Fulton, of 
St, Thomas, was second with 18, while Brady, Fanning, Werke, 
Brown and Hallowell tied for third place with 17. At the targets 
Thompson and Wood tied for first average, breaking 137 out o£ 
140; Fanning second with 134; Hallowell, third, 133. Mrs. Lindsley 
Events: ^ 
Targets : 
Parker ...... 
Hallowell 
Wood ... 
Pridhomme 
Briggs — 
Stotts , , • • ■ 
Emslie 
Scane 
Erigger ....... ........ 
O Dell 
Jessop 
Fairbairn 
Wanda • . 
International handicap, 26 to 32yds., $15 entrance, fifteen high 
guns, 15, 13, 11, 10, 9, 8, 7, 6, 5, 4, 3, 3, 2, 2, 2: 
Wook, 29 ..21*01202210220222202—14 
; 39 out of 40. ' 
Target 
scores: 
9 
10 
11 
12 
13 
14 
15 
16 
10 
15 
20 
25 
15 
15 
20 
20 
. 10 
10 
18 
24 
14 
15 
18 
18 
, 10 
15 
19 
25 
15 
14 
19 
20 
. 7 
15 
18 
25 
15 
15 
20 
18 
. 10 
15 
20 
23 
15 
15 
19 
20 
14 
18 
25 
14 
15 
20 
18 
. 5 
9 
12 
11 
13 
14 
ig 
23 
14 
12 
is 
. 10 
ii 
i7 
. 6 
19 
24 
1,2 
i2 
, 10 
12 
U 
17 
13 
7 
ie 
is 
. 10 
13 
19 
28 
13 
17 
22 
17 
ie 
'8 
ii 
16 
14 
16 
20 
20 
Parker, 31 
Hallowell, 30 ....... 
...12*22212222001111020—15 
.22012022202222212222—17 
Lindsley '30 .0022*2**20*022222222—12 
- - - ..2220220220*22122102*— 14 
.......... .02222222221202222210—17 
.......... .21222011200010212222—15 
*2222222022222U21*2— 17 
.22020222022022202022—14 
11221212222222220111—19 
.110*1022212112212212—17 
.: .2200202*222321002220—13 
.......... .10201102101002121111—14 
.......... .121220221022*1221010—15 
.......... .1*0*2212120212121221—17 
........... 21112010212011211202—16 
20002210220020022222—12 
01220000001121110101—11 
.220*11111*0201202101—13 
.20222110221010212211—16 
.22020001220120002102—11 
.11221112112111002121—18 
.......... .21020201021110011002—12 
........... 21012021111111*2*101—15 
Irwin, 29 
Brady, 29 
Thompson, 29 ................ 
Fanning, 31 
Stotts. 28 
Emslie, 28 
Werke, 26 
Donley, 27 
Dart, 28 
Graydon, 28 ................. 
Brown, 29 
Bates, 29 
Virtue, 29 ....... 
Miller, .%0 
Fairbairn, 28 ......... 
Scane, 28 
McLaren, 27 ... ... 
McPherson, 27 ....... 
McMackon, 27 ........ 
George, 29 ... . 
Extra event, 5 live birds, $B: Lindsley 4, Werke 2, Donley g. 
Graydon 3 Parker 3, Brady 2, Scane 3, Hallowell 5, Fanning 
Wood 4, Handley 4, Thompson 4, Virtue 2, Emslie 4, Stotts 5, 
Irwm 5, George 3. 
Third Day, Dec. 2% 
A number of extra events at live birds were shot off, but the 
principal event of this day was the two-men team race, won by 
Donley 'and Werke, who scored 19 out of 20. Fanning and Hallo- 
well second with 18, Bates and Emslie, and Stotts and Handley 
third with 17. Lindsley and Parker also shot (unplaced). At the 
targets Wood and Hallowell tied for first average with 109 out 
of 115, Emslie second with 102, Fanning third, 101: 
Events: 17 18 19 20 21 22 Events: 17 18 19 20 21 22 
Targets: 15 20 20 26 15 20 Targets: 15 20 20 25 15 20 
Virtue ......... 15 18 17 19 13 15 Fanning 14 17 19 23 15 18 
Fairbairn , 15 18 16 24 12 18 Hallowell ..... 15 20 18 23 13 20 
Dart 13 Erving ......... 13 .... 20 .. .. 
Brigger , 13 15 16 .... .. O Dell .. .. ., .. 12 14 
Emslie 15 18 19 21 12 17 Wanda ,. . 19 
Wood 15 19 20 24 13 17 Fletcher ..16 
Parker 14 18 20 24 14 20 McPherson ., ,, 19 
Two-men team race, open to all, 10 live birds per man, entrance 
$10 per team, $10 added: 
Fanning .......2110112211— 9 Stotts 2202220220—7 
Hallowell ......1221121*21—9—18 Handler 2222211111—10—17 
Bates .0111210122— 8 Werke 2121122212—10 
Em.slie 2111022112— 9—17 Donley 0212112122 - 9—19 
Lindsley 2020222222— S 
Parker 1212202202— 8—16 
Ten live birds, entrance .$7, divided? 50, 30 and 20; $15 added, 
class shooting; 
Wood 2122002001— 6 Lindsley .2020221002—6 
Parker 1*22001000— 4 Graydon 2*00102212— 6 
Fanning *HimOOO— 6 Fairbairn 2101111212—9 
Hallowell 2222222022— 9 Virtue 2000010w — 2 
Emslie 0012111221— 8 Bates 1222112221—10 
Werke .002221012*— 6 Reid 0022002110—5 
George- 11*1210212— 8 Brady 1221111122—10 
Miller ; 1 2001*12111— 7 Dart... .2*002 w —2 
Thomas **0200w — 1 
Extra event, 10 live birds, entrance $5, 50. 30 and 20 per cent.: 
Lindsley 8, Parker 7, Brady 8, Stotts 7, Fanning 9, Fairbairn 3, 
Bates 8, Brigger 7, Miller S, Donley 3, Irwin 7, Dart 8, Emslie 8, 
McLaren 7, Wanda 5, Reid 10, Werke 7. 
Extra, 7 live birds, $3 entrance: Stotts 7, Lindsley 5, Dart 6, 
Shorold 4, Brady 6, Reid 5, Graydon 6, Emslie 6, Werke 5, Mc- 
Makon 4, Bickford 4, Fairbairn 6, Bates 4, Tramp Irwin 7, Parker 
5, McPherson 6, ' . 
Extra, 5 live birds, $3 entrance: Lindsley 4, Parker 4, Werke 5, 
Donjeyj' 4, Stotts 3, McPherson 3, Irwin 4, McLaren 4, Reid 4, 
Hallowell 5, Fanning 4, Brady 5, Miller 4, Emslie 5, Fairbairn 4. 
Fourth Day, Dec. 30. 
On this day only one event was shot oflf at live birds, and that 
was captured by Joe Marks, of Detroit, who cleaned up his 15 
straight. Wood, Fanning, Bates and Fairbairn second With 14, 
Werke and Tramp Irwin l3. 
This was an interesting day at the targets, being the occasion of 
the international team race between Detroit and St. Thomas gun 
clubs, and which resulted in a victory for the St. Thomas Gun 
Club team by 5 birds. In the other events at the targets Fanning 
made high average, breaking 79 out of 95. Hallowell second with 
78, and Parker and Marks third with 76 each. 
International team race for cup, value $25; entrance $7.50, $10 
added : 
St. Thomas Team. 
George 11010111100110101101 10100—15 
Emslie , . ,10101in01111111100010001--16 
Jessop 1010110111111011101110100—17 
Fletcher . . .. ..... . ... . 0001011011111110111100110—16 
McPherson .1110101111111111111100111—21—85 
Detroit Team. 
Marks .1111011011011111111111000—19 
Mercier -.0101101010001001111110101—14 
Wood 1111111001011010010110111—17 
Brady ■.. .0101001010100000111010000— 9 
Parker 1110111101111111111010111—21—80 
St. Thomas wins by 5 birds. 
Sweepstake scores as follows: 
Events: 23 24 25 26 27 Events: 23 24 25 26 27 
Targets: 15 20 25 15 20 Targets; 15 20 25 15 20 
Marks 13 17 20 11 15 Hallowell ........ 11 15 21 13 18 
Mercier 11 17 19 10 18 Stotts ............. 10 
Wood 9 13 23 12 10 Emslie 11 10 13 9 15 
Parker 13 18 18 14 13 Erving 10 
Fanning 14 16 20 13 16 Brady 7 
Fairbairn ..11 9 19 6 14 Fletcher 14 .. 10 .. 
McPherson 12 McInto.sh 12 .. 
Brigger 12 15 21 9 16 
Fifteen live birds, $10, seven high guns: 
Marks ; 211221222121222—15 "Bates 222222220222222—14 
Mercier 222*01222000201— 9 Stotts *202202*2022222— 10 
Wood 122222*22122212—14 Werke 1*1212221112120—13 
Fanning ......2112*1211121122-14 Emslie 221221122*0221*— 12 
Hallowell 01212*121211202—12 Fairbairn 111121101111121—14 
Donley 1*11.22102010022—10 McPherson ..200122222001211—11 
Brady 202222201022000—10 Erving 210122122220222—13 
Lindsley ......202222222020222—12 George ..1122*2*01122211—12 
Fifth Day, Dec. 3J. 
The shoot, as advertised on the programme, ended on the 30th, 
but those inveterate dyed-in-the-wool sports who could not let 
a day pass with pigeons in reach and not shoot assembled at 
the grounds and made the following scores at live birds: Fair- 
bairn won with 22 out of 25; Marks, Werke, Brady and Parker 
second with 20; Donley third with 19: 
Marks, 29 2122221111220111*01012012—20 
Werke, 28 2221220211202101111102021—20 
Fairbairn, 30 12*111111122011111111*111—22 
Parker, 30 .....121122210011222112*222200—20 
Donley, 27 2002212222012011121201210—19 
Brady, 29 2021220022022212222122022—20 
Hallowell, 30 21011020202012111112*0022—17 
Emslie,- 28 ....022*2102222120122222*2*10—18 
^ Jas. Haight. 
University Team vs. Penn Team. 
Feknwood, Pa., Jan. 9. — In the nine-men team match between 
the iTniversity of Pennsylvania and the Penn Gun Club, of Nor- 
ristown. Pa., on Jan. 7, the weather was cold, and a strong wind 
blew across the traps. The University was handicapped by the 
performance of Dorp, who was put on at the last minute to take 
the place of Singer. The rapid-fire system was used. 
Mr. Ralph Wurts-Dundas, who was present, gave a very hand- 
some silver cup to the high score on the University team. It was 
won by Neilson with 23 out of 25, a remarkable score considering 
the weather conditions. Scores: 
University Team, 
W Neilson .1111111111111110111101111— 23 
W Freed ........... ..1101101111111111111111101-22 
W Steel 0111111011101111111000111—19 
O Paul ...,.,..,...,.....0111101111110110110111110—19 
B Parish ...J...... ......1111110011111011101011011—19 
VV Swain .....1110101111111110110011110—19 
Baldwlri .0011011111111101011001011—17 
Weaver .1110010011001111101101010— 15 
Dorp ; OOlOlOOOlOOOO-OOOOOOOOllO— 6—159 
Penn Team. 
Penn ............................... .1110111111111111110111111—23 
Smith -. .1101110111111101111101011—20 
Scheetz .1011111001111101011111101—19 
Gross ..I .... V i... ...... . .1101111011110110111110110—19 
Derr .1101111111110101110010111—13 
Bosler .OOllOllOlllOlOlllOUlllll— 18 
Jenkins .0011111110111101010110110—17 
Vost 1101111111001110100011011—17 
Casseir V. .... . .1110011111001110110101101—17—169 
Sweepstakes, University of Pennsylvania Gun Club, 10 targets, 
three moneys. The scores: P. Brinton 8, Neilson 9, Paul 8, 
Parish. 7, Gross 4, Dotter 3, Neilson 4, Dorp 5, Weaver 5, Cassel 6, 
Jenkins 6, Redifer 7, Yost 7, Penn 7, Johnson 7, Dundas 4, Smith 
8, Swain 7, H. Brinton 9. W. Mosely Swaik, 
The FosESS ahb Stream is put to press each week on Tuesday. 
CofTfgsondeace iitfended for publication should reach us at the 
Utest W M«Biiaiy mi *a much earlier as practicable^ 
IN NEW JERSEY, 
Bf^ss Annie Oakley Defeats Munson* 
Jan. 12.— Miss Annie Oakley easily defeated Mr. Charles Mun- 
son, of Dover, N. J., in a match at 25 live birds, at Lakeside 
Hotel, Lake Denmark, to-day. The birds were a very good lot; 
It hardly could be called a race. Munson seemed to entirely 
lose his nerve after his 10th bird, missing thereafter 6 in succes- 
sion. He was very weak on left-quarterers. Miss Oakley, on tne 
other hand, shot with admirable quickness and accuracy, it being 
very difficult for the strongest flyers to get any distance from 
the trap before she shot them. Besides shooting in good time, she 
centered her birds well, and most of her second-barrel shots 
were used for safety. Her 18th bird, an incomer, fell but a short 
distance out of bounds. The match began .about the middle 
of the afternoon. There was a glare on the snow, though the sky 
was cloudy, which strained the eyes somewhat. The grounds slope 
downward at varying angles from the traps, making thereby very 
difficult shooting, if one'is the least bit slow. Miss Oakley used 
a Francotte, 61bs. lOoz., with 42grs. of E. C. in a Smokeless shell, 
and l%oz. of No. 7 shot. Mr. Munson used a Parker, 7i^lbs., 
with 48grs. of Schultze in a Trap shell; shot, lV4oz. of No. 7. 
Mr. John Riggott was referee, A few sweeps were shot before 
and after the main event. The scores: 
Trap jeo,re type — Copyright, iSgp, by Forest and Stream Pub. Co. 
1 S 4 1 1 4 1 4 2 2 5 S 1 1 4 2 5 2 2 3 4 2 S 5 8 
Annie Oakley, 28.... 1 122121 111111222 2.* 221*21 2—23 
12324622S24 82425S2 2. 252245 
Munson, 80..... 2 2 1202-2 222000*0022222222 O-IT 
Trap at Lyndhurst. 
Jan. 11. — The weather was severely cold, though clear. A large 
attendance of the crackerjacks was expected, a mimber having 
signified their intention of participating, but there were but six 
contestants in the main event, the 15-live-bird handicap, $10 
entrance, birds extra. Ca.^t. A. W- Money and Mr. Cubberly 
divided on 23. Mr. Zwerlein received second money on 21 kills. 
There was a flat level of ice and snow in the field around the 
traps. Nearly all the birds were sitters, and took wing reluctantly, 
though flying well when once started. No doubt but what this, 
combined with the efforts of the boy close by the traps to force the 
birds on the wing, cut down the scores appreciably. Mr. W. R. 
Hobart was referee. Mr. Jacob Pentz, scorer. The scores follow: 
Morfey, 30 222222222*220222020202022—19 
Zwerlein, 28 22212101*2122210012111211—21 
Cubberly, 29 ..,212*121212122221122211201—23 
Money, 30 2120121112122221211212101—23 
Bunn: 27 2202201*10122021122121202—19 
Doty, 29 222*2221222,2022*022011122—20 
Miss Oakley, 28 222Uw 
After shooting at 5 birds, Mr. Frank Butler and Mrs. Butler 
(Annie Oakley) left to catch their train. 
The shoot commenced at 2 P. M., with a 5-bird sweepstake, $3 
entrance, two moneys. Morfey killed 2, Zwerlein 5, Cubberly 5, 
Annie Oakley 4, Capt. Money 4, Bumi 4, Doty 4, 
Florists* GtiQ Club, of Philadelphia. 
WissiKOJiTNT., Pa., Jan. 10. — The contest for the club tliedal, at 
2a targets, known angles, from five expert traps, 25 from magau- 
Irap, unknown angles, was won by W. K. Park with a score of 42. 
Five expert traps, known angles: 
Harris 1010101111011110101110110—17 
Brinton 1111011011001001111111111—19 
Wescott 1111010110011000100101101—14 
Toplin 0101111110010101101101000—14 
Zimmerling 0101000101011111011001110—14 
McKaraher 1011.111111110101110111011—20 
Park 1110111111111101101110111—21 
Redifer , .1110111101011101100101011—17 
Magautrap, 25 targets* unknown i 
Harris ; 1110010111101111110011111—19 
Brinton .1011011101100001111011011—16 
Wescott 1100111011001011110110111—17 
Toplin , 0011111101111111110101110—19 
Zimmerling , 0010010110001000101011111—12 
McKaraher 0111100011100101111111111—18 
Park 1111011110011111111101111—21 ' 
Redifer 1111111010110111111011110—21 
Totals i Harris SO, Brinton 3.% Wescott 31, Toplin 33, Zimmer- 
ling 26, McKaraher 38, Park 42, Redifer 38. 
Team match ; 
Harris captain . .1101111101110110011110110— IS 
Brinton , .0111101001110001110101101— 15- 
Wescott 1101001110100000100001000— 9 
Toplin 1111001111011011001000100—14—56 
Zimmerling 0000001110101101111011001—13 
M cKaraher 1111101001000111111111010—17 
Park, captain 1111111010111111111111011—22 
Redifer - 0100010111111111101010111—17—69 
The New Utrecht Gun Club shoots at targets on Saturday of 
this week, on its grounds, at Woodlawn, Brooklyn, L. I. 
^mtvet^ to ^onm^ond^nk. 
No notice taken of anonymoua communications. 
M. A., Mackinaw, III.— Am in doubt. Can you help me? 
Game Laws in Brief says that no non-resident can kill any game 
in Missouri, Now, if I were to visit an old friend in that State 
a little, would I have to stay indoors? Understand, this would 
not be a hunting trip at all, but a pure visit for old friend's sake. 
Ans, The purpose of your visit -would have no bearing on the 
narrow, iinreasonable and un-American non-resident law of Mis- 
souri, You would by it be forbidden to take any game. The 
statute provides, as quoted in the Brief: "Sec, 3905, If any 
person, being a non-resident of this State, shall kill any deer, 
fawn, wild turkey, pinnated grouse, ruffed grouse, quail, wood- 
cock, goose, brant, duck or snipe, coon, mink, otter, beaver, bear, 
muskrat or other furred animals, he shall be deemed guilty of a 
misdemeanor." 
PUBLISHERS^ DEPARTMENT. 
The New-York Lifers Statement. 
The fifty-fourth Annual Statement of the New-York Life Insurance 
Company, printed on another page, gives interesting details of 
the business of 1898, a summary of which was published on the 
fir.st day of the new year. The items of income from premiums 
end interest, and the pavments to policyholders in death claims, 
endowments, annuities,' dividends, and cash surrender values,_ -will 
give an idea of the scope and significance of the company's activity. 
No corporations in the country, except the largest railroads, even 
approach the great life companies in the magnitude of their opera- 
tions, and none are more closely connected with the well-being 
of the people. Life insurance is the best form of socialism extant — 
a system which provides for the needs of all through the love of each 
for his own. In the New-York Life about 350,000 persons are thus 
banded together, under contracts calling tor $914,000,000 at maturity, 
over $216,000,000 of which is already in hand. It is about ' seven 
years since President McCall assumed the direction of this great 
company, and his administration has been marked by great energy 
in securing new business, by the issue of an unrestricted policy 
combining unusual privileges to the insured, and by the utmost 
frankness in the publicity of details. . The practical adoption of a 
g per cent, standard of reserve on all policies, and the separation 
of accumulations on deferred dividend policies from the unappro- 
priated surplus of the company, are significant of the conservatism 
of Mr. McCall's management, The company's invested funds will 
earn ju.st as much as before, but this change puts it in a jjosition 
to meet, without danger, such further reductions in the interest 
rate as may take place during the next generation.- 
