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  • March 15, 1879
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  • THE MASONIC AND GENERAL LIFE ASSURANCE COMPANY LIMITED.
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The Masonic And General Life Assurance Company Limited.

THE MASONIC AND GENERAL LIFE ASSURANCE COMPANY LIMITED .

THE great additions made during the past few years to the ranks of Freemasonry has wrought many changes in the constitution and social position of the Order , which , though beneficial in some instances , cannot be looked upon as universally so . It is questionable whether the system , so

prevalent , of appealing to Freemasons aB a body in matters of business can be defended on any ground , but it is certain that it is productive of no benefit to the Order , for the simple reason that as a rule the better class of society does not parade Freemasonry in business , and thus , through its

being made use of by the lower class only , so much discredit arises . Still we may console ourselves on one point ; the evil is brought about by the sufferers themselves , who should certainly know better than to alter their terms or conditions of business simply because a customer introduces

himself as a Mason ; again , why should any one assume a meeting in Lodge to be a sufficient reference ?—we admit this should be so were Freemasonry not a human institution . Alas ! too many , who have neglected their usual precautions , have eventually had reason to be dissatisfied

with their experience of Freemasons . It is certainly unjust to our Institution to lay these disasters at its door . Why should a customer who is in the habit of using

discretion in his dealings take no pains to examine his purchases when buying of one who blazons forth his Masonic connection ? or why should he blame the Institution if he has been deceived ? We hold that business is

business , and Freemasonry an entirely distinct thing ; and if this were a little better explained to initiates , and the principle more fully carried out , it would prevent half the unworthy members who find their way into our Order ever reaping advantage from their act . For our own part , Ave

look with suspicion on tradesmen who introduce themselves as Masons simply in the hope of gaining an order , for the very reason we have before given , that if they were creditable members of the Craft they would know better . We are aware there are many institutions in the States of America

and Canada which look for support mainly , if not entirely , to Freemasons , but however it may work in those more extended fields , it can never succeed in this country , where an institution which relies on Freemasonry , and on that alone for its support , has but a poor prospect of

succeeding . We are not sure but that it is an advantage to the Craft that such is the case , for if we once stamped a Masonic trading company as a success , we should be flooded with prospectuses from every " promoter " in the city , who would soon make common property of

our signs and symbols . Still , the evil does exist , and , we suppose , will continue , so long as victims can bo found on whom to prey . All we can do is to advise brethren not to accept any business statement simply because vouched for

Masouically , nor to relax one iota of their caution on account of a Masonic introduction ; if they do , they had better complete the job Masonically , which would resolve itself into that excellent ^ virtue of the Craft—Silenceprovided they could not speak well of the venture .

Thus far our remarks have been general , we now intend to make them personal , and for this purpose refer our readers to the Jersey Express of the past month , in the pages

of which a correspondence has been carried on in reference to " The Masonic and General Life Assurance Company . " The ^ writer of the first letter , which is sent " for the information of the public , " states that " a Local Board having

The Masonic And General Life Assurance Company Limited.

been established in Jersey by the above-named Company , and he having been led to believe that this was a Company formed under the auspices of the Freemasons , he was induced to buy One Hundred Shares . " Later on , " being

displeased with the management of the Company , he looked closer into the mattei " , and to his great surprise found that the company was not a Masonic Institution at all ; " the following letter from our Grand Secretary helping to dispel his doubts on the subject : —

[ Copy . ] Freemasons' Hall , London , W . C ., 17 th January 1879 . SIR AND BROTHER , —I beg to inform you , in answer to your letter of the l < th instant , that the Grand Lodge of England has no connection , in any way , with the Masonic General Life Insurance Company Limited .

Yours fraternally , J HERVEY . After the receipt of this epistle our brother appears to have taken fright , and in a later letter he tells us he has sold his shares , at a loss of 75 per cent . We do not

question his right to lake this course , but we would point out that he is very much to blame for his conduct ; and , as we learn from a further communication , he has not only rushed on blindly himself , but , by advocating the claims of the Company at a Provincial Grand Lodge

meeting , had been the means of inducing others to transact business with it . If he had considered for one moment his own interests , and the interests of those whom he had induced to follow his example , he would have taken advice before he published to the world these unmistakable proofs

of his folly . Does he know that if a Company has such a charge as he makes substantiated against it , it is very likely to be seriously injured , at least for a time . We hold that he is in a sense answerable for the money his friends have invested , on his official recommendation ; and that

even if he likes to sell his shares , " at 75 per cent , loss , " he has no right to still further depreciate the value of the speculation by trying to place his co-investors in a similar or worse position . His letter is supplemented in the

following issue by one from a brother who likewise appears to have entered into business relations with the Company under a mistaken idea of its constitution . This correspondent does not attempt to stifle his feelings , as the following extract from his letter will show : —

Many appear to have been entirely misled by the impression that this was a Masonic Institution , countenanced and supervised by Masonic authority , and what conduced materially to strengthen such a belief was the fact that the advertisements of this comparatively insignificant commercial venture were arrogantly exhibited on the

vivid representation of one of the most sacred emblems of Freemasonrv . Whether this was done intentionally , for the special purpose of deceiving and misleading a somewhat extensive class of men , is a question which unwilling victims know best how to answer . The idea seems to have been to identify this particular Society with the Craft , and to

induce inexperienced and trusting novitiates , and other unsuspicious members , to take shares or policies in this concern , and so far , I believe , they have in a great measure succeeded . I quite sympathise with those who have been duped , and who , after confidingly investing their money , on the distinct understanding that they were to

receive a certain small and fixed rate of interest , see this their promised interest stopped , and their capital unrcalisable ; except at a loss , and all this under the garb of Masonry , or rather the catch-word Mastnic . I , as a Mason , and a contributing member of Grand Lodge , am indignant at this state of things , more especially as the public have identified this

Masonic Insurance with the Masonic Fraternity . It is high time that people should be undeceived , and know far and wide that Freemasonry , at least , has nothing whatever to do with this struggling commercial enterprise . If we do any business let it at least not be done under false colours . " To these two letters a reply is sent by the Jersey agent

“The Freemason's Chronicle: 1879-03-15, Page 1” Masonic Periodicals Online, Library and Museum of Freemasonry, 6 July 2025, django:8000/periodicals/fcn/issues/fcn_15031879/page/1/.
  • List
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Title Category Page
THE MASONIC AND GENERAL LIFE ASSURANCE COMPANY LIMITED. Article 1
GRAND CHAPTER OF PENNSYLVANIA Article 2
GRAND LODGE OF TENNESSEE. Article 2
CORRESPONDENCE. Article 5
EVERTON CHAPTER, No. 823. Article 5
STRAITS SETTLEMENTS. Article 6
Untitled Ad 7
THE EARL OF CARNARVON. Article 7
MASONIC PORTRAITS. Article 8
MASONIC PORTRAITS Article 8
Untitled Ad 8
Untitled Ad 8
Untitled Ad 8
Untitled Ad 8
Untitled Article 8
MARRIAGE OF THE DUKE OF CONNAUGHT. PAST S.G.W. Article 8
COMMITTEE MEETING OF THE BENEVOLENT INSTITUTION. Article 9
ROYAL ORDER OF SCOTLAND. Article 9
BRO. HENRY MURRAY'S READING OF " OTHELLO." Article 9
DIARY FOR THE WEEK. Article 10
NOTICES OF MEETINGS. Article 11
Untitled Ad 14
Untitled Ad 15
Untitled Ad 15
Untitled Ad 15
Untitled Ad 15
Untitled Ad 15
Untitled Ad 15
Untitled Ad 15
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Untitled Ad 15
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Untitled Ad 16
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Untitled Ad 16
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.

The Masonic And General Life Assurance Company Limited.

THE MASONIC AND GENERAL LIFE ASSURANCE COMPANY LIMITED .

THE great additions made during the past few years to the ranks of Freemasonry has wrought many changes in the constitution and social position of the Order , which , though beneficial in some instances , cannot be looked upon as universally so . It is questionable whether the system , so

prevalent , of appealing to Freemasons aB a body in matters of business can be defended on any ground , but it is certain that it is productive of no benefit to the Order , for the simple reason that as a rule the better class of society does not parade Freemasonry in business , and thus , through its

being made use of by the lower class only , so much discredit arises . Still we may console ourselves on one point ; the evil is brought about by the sufferers themselves , who should certainly know better than to alter their terms or conditions of business simply because a customer introduces

himself as a Mason ; again , why should any one assume a meeting in Lodge to be a sufficient reference ?—we admit this should be so were Freemasonry not a human institution . Alas ! too many , who have neglected their usual precautions , have eventually had reason to be dissatisfied

with their experience of Freemasons . It is certainly unjust to our Institution to lay these disasters at its door . Why should a customer who is in the habit of using

discretion in his dealings take no pains to examine his purchases when buying of one who blazons forth his Masonic connection ? or why should he blame the Institution if he has been deceived ? We hold that business is

business , and Freemasonry an entirely distinct thing ; and if this were a little better explained to initiates , and the principle more fully carried out , it would prevent half the unworthy members who find their way into our Order ever reaping advantage from their act . For our own part , Ave

look with suspicion on tradesmen who introduce themselves as Masons simply in the hope of gaining an order , for the very reason we have before given , that if they were creditable members of the Craft they would know better . We are aware there are many institutions in the States of America

and Canada which look for support mainly , if not entirely , to Freemasons , but however it may work in those more extended fields , it can never succeed in this country , where an institution which relies on Freemasonry , and on that alone for its support , has but a poor prospect of

succeeding . We are not sure but that it is an advantage to the Craft that such is the case , for if we once stamped a Masonic trading company as a success , we should be flooded with prospectuses from every " promoter " in the city , who would soon make common property of

our signs and symbols . Still , the evil does exist , and , we suppose , will continue , so long as victims can bo found on whom to prey . All we can do is to advise brethren not to accept any business statement simply because vouched for

Masouically , nor to relax one iota of their caution on account of a Masonic introduction ; if they do , they had better complete the job Masonically , which would resolve itself into that excellent ^ virtue of the Craft—Silenceprovided they could not speak well of the venture .

Thus far our remarks have been general , we now intend to make them personal , and for this purpose refer our readers to the Jersey Express of the past month , in the pages

of which a correspondence has been carried on in reference to " The Masonic and General Life Assurance Company . " The ^ writer of the first letter , which is sent " for the information of the public , " states that " a Local Board having

The Masonic And General Life Assurance Company Limited.

been established in Jersey by the above-named Company , and he having been led to believe that this was a Company formed under the auspices of the Freemasons , he was induced to buy One Hundred Shares . " Later on , " being

displeased with the management of the Company , he looked closer into the mattei " , and to his great surprise found that the company was not a Masonic Institution at all ; " the following letter from our Grand Secretary helping to dispel his doubts on the subject : —

[ Copy . ] Freemasons' Hall , London , W . C ., 17 th January 1879 . SIR AND BROTHER , —I beg to inform you , in answer to your letter of the l < th instant , that the Grand Lodge of England has no connection , in any way , with the Masonic General Life Insurance Company Limited .

Yours fraternally , J HERVEY . After the receipt of this epistle our brother appears to have taken fright , and in a later letter he tells us he has sold his shares , at a loss of 75 per cent . We do not

question his right to lake this course , but we would point out that he is very much to blame for his conduct ; and , as we learn from a further communication , he has not only rushed on blindly himself , but , by advocating the claims of the Company at a Provincial Grand Lodge

meeting , had been the means of inducing others to transact business with it . If he had considered for one moment his own interests , and the interests of those whom he had induced to follow his example , he would have taken advice before he published to the world these unmistakable proofs

of his folly . Does he know that if a Company has such a charge as he makes substantiated against it , it is very likely to be seriously injured , at least for a time . We hold that he is in a sense answerable for the money his friends have invested , on his official recommendation ; and that

even if he likes to sell his shares , " at 75 per cent , loss , " he has no right to still further depreciate the value of the speculation by trying to place his co-investors in a similar or worse position . His letter is supplemented in the

following issue by one from a brother who likewise appears to have entered into business relations with the Company under a mistaken idea of its constitution . This correspondent does not attempt to stifle his feelings , as the following extract from his letter will show : —

Many appear to have been entirely misled by the impression that this was a Masonic Institution , countenanced and supervised by Masonic authority , and what conduced materially to strengthen such a belief was the fact that the advertisements of this comparatively insignificant commercial venture were arrogantly exhibited on the

vivid representation of one of the most sacred emblems of Freemasonrv . Whether this was done intentionally , for the special purpose of deceiving and misleading a somewhat extensive class of men , is a question which unwilling victims know best how to answer . The idea seems to have been to identify this particular Society with the Craft , and to

induce inexperienced and trusting novitiates , and other unsuspicious members , to take shares or policies in this concern , and so far , I believe , they have in a great measure succeeded . I quite sympathise with those who have been duped , and who , after confidingly investing their money , on the distinct understanding that they were to

receive a certain small and fixed rate of interest , see this their promised interest stopped , and their capital unrcalisable ; except at a loss , and all this under the garb of Masonry , or rather the catch-word Mastnic . I , as a Mason , and a contributing member of Grand Lodge , am indignant at this state of things , more especially as the public have identified this

Masonic Insurance with the Masonic Fraternity . It is high time that people should be undeceived , and know far and wide that Freemasonry , at least , has nothing whatever to do with this struggling commercial enterprise . If we do any business let it at least not be done under false colours . " To these two letters a reply is sent by the Jersey agent

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