To The Editor Of The Time...
.?.- r / 1'imesTot' thigday lobs'ervean, art;cle col. enl ing a nctw a9sociaion,, wrhic n i,, p -,jected -o- "1 effecting insurances on livv s re-iected by thle existLn r si;su-'anec o'fice4.1- L' " t to th:s In,) ncnt." : is xs%ertedj "a man 6ccaisonalijv aIi Ited titb the go*It, or suh;ec; to an,v s-e-ies of fits, h.,waver hecahthly jq other respecet cn make no pro'isi'on tor his surviviemr rcl::!ives, by insurinm hb, iite at any premti umn, ho%wcver hig!h: lis case would not be received at any ci the existing oAfices." Nothing can be nmore fallacious tharn the whrce of this state:nent. There is not a Life-office in England but will Irsure gouty and othler defective subjects tbr a sm,dl dt.l tional premium, so that the anount of disease he not such as to threaten -peedv dissolution. Of late they have sed in adm itting bad lives too freelY, whnce, no less than twelve life-ofl:ces have broketn up within the 1ast tbn years. Is the present mania fhr joint stuc; companies, one hardiy ksnows which to ad:-.irc mosnr-tie sheer gnorance rwhich projectors betray in their statements, or the int.a suation of the public, in throwing their money into their hands itvuout otroer inquiry. and regardless of their contin.-l . I a"I, llIr, AN OLD 1NbUTRER. TO TIIE EDlTlii/ OF THE TI,1E.Y.