The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1850-05-04
TuE NATIONAL LIfE lNSIRANCE
COMPANY. "
Irs Basis IT'S PFNcwrrs-ws IrSff'rs

ITs Basis ITS pENCIrLrs- Ts lhSrflTs,
Il b. now lr-r lhau three mouths since ilu-
Company commenced operations nud the
amount If huriucs. which 10 hus Arendy done
tho daily increasing number applications
Tor insurance, under llu Suin plm which, ilio
Company have ndopirl tho vigorous aud
houltlui response of the pres6 aud Iho pe"-
lilc, leave 10 un longer problem for debate
lhpt the Company rests upon iirni nnd turg
hnsis, md viii fiIdl the houchnout ends for
which 70 was Crrllcl Tile being settled,
the Directors have deemed 10 lhrir day. Illus
early, again, Ia appear before the pubic aud
Xpusc the principles upon which this tnW-
puuy rests, aud tie purposes which 1t aims
10 fulfil
LtrE tszuRAHcE IS snW- REuLcED 10 A sol,
thrE,
~ principles have been deduccd from tie
laws which govern mortality hy which the
Grsr0ge or mean duration of life hus been a.,
rrFTHWTyt mint rtUruuU- trTrrrt, ~ rtUrrtTuU
uf individual life " admitted a. he uurerlaiui
thar il ciaimE Hut 20 know. isn't Ivy ult-rrvu
nous, emciully noted, of morHliiy'in differ
cnt countries, aud NJ various periods at
time IL has been nscorlnruod That mas of
indiyldugls comprising one thousand o.
moro living iu the same district, aud follow
ing similar occupations have onrh Wcnn
duration ~ ht md this fact ~ tho hnsts at
LIE Insurance, II RESTS upon du'n which
have been pi0rfi and not upon cuulrcufnl
speculation Or theories uudeniouslruird, lis
safety rests, no, upon contingency, buI ubso'
lutte certainly.
Tur ruRrOsEs wmcu LIpE INauHANcE AIMS
TOruLrtL
The morr apparent uhlcct of Lilo lusur.
Hnce, (and which should Of itself hc eutli-
eiruI molyc,) is, that one II enabled, 10y IT.
means, in case ofis death, to make pro, is
ion for the comfortable subsistence Of those
who may survive him The objects Of his So
licltudc aud care. Aud whGhcr thni event
shall come upon him in The Viror of life,
''WhGn be looked not FOE - of, W. the "sorc
lear oftRe, that proNidcnI iofrcarl r. cuJoln.
ed hy he ldghv.I dictates Or philosophy and
morality la lhc one case, hr has made hm-
pie wu,i5iUuAnd perhaps 10y lhc ouly mcnnr
ia his power, against that day wlnch phlIos-
ophy touchcs him b. Inevitable and for which
christianity requires uLhim 10 t'hC ready. -
~ lic Other cdFc,hc imy'laIt ~" in Ihc Ctas.
tic yigor Of youth, mil IN the maturity Of
manhood, tic liUlc fragments of his income,
not then felt los him; bat which the rcycrscs
OF fortune that muY oyctpkc- him pa iniirn
hgc, can never reach, and which shall remain
safe beyond The "chpTicts Of fortune in
crrasing with time, the support mud th,rld 10
The surviving widow, Itio cilti, the ftrmt.---
That the parcut should protect aud provide
Tn nc tGTtCF Cttd UH1t -rmTr0vttrHrYUuTt,
aud, that tho child should, Ia iurn, g,Inrd and
care TOR the drctcplI age of lis parent, n M
i'm ,crutlyc duty which this nec of progress
Inns not entirely cnacod But an his mny be-
dome aud duiy but iayPsJormca It Is a'' nd.
a LII.
hr vet lives, for his own. But il IL less duty
to make provision thai those "whu lean GA
him for support" shnl not hc lcil IN tie event
ochis death, unhcd and pcnuicsss Ills whole
duty Is T0T dome uUtit lee has made some
provision, according 70 his means for ho,h.-
One pHft OF his income may Toe devoted TO
thc necessities Of the present Another may
lac ''Sioyelf up" hy means Of ISAf Insurance, 10
provide against the future aud thus the one
he 4ua'iv r- much matter of current cN-
pcndhurc n- the other.
Life Insurance, IN is moral Influence,
should not he overlooked II encourages
temperance, fusnlity, aud industry. II holds
up prominently and impriut- deeply parent
al care, couiugpl fidelity, aud tilial duty. II
defines aud Strengthens att the social uid do
plcAtic lirs.
IHleicG'ly, il cNcrls nn important influence.
For the power of the my,d upon the plYsl-
organization - pteal. TIE aHSion- cate,
the corrodng anxiety, lcst the wife, or tie
child, may 30 ten dcsola,e aud poor, has,
doubtless, too oItru, Cugondercd disease rur'
crippled the constitution, and thus lmstcrcd
that event against which the husband md
the father would so onNiously provide.
LIFE INSURANCE IS 4 GREAT EQUALIzER,
Not that it would with yiolen, hnnd wrcst
property from the one aud distribute TO an.
-ttt4t.-r p..i-.A l.lait ulars-Irliahll. Induce
-iHeHi= eyeH Ile capitalist lISai@nS llIai 1Il-
~ which is voluntarily offered, holds 1t, It'll
accommodating; and, in The end, distributes II
10 thc only legitimate purpose for which
property is valuable, llie support otthe weak,
the unfortunate aud the iuGrn.
I'm society, 10y tho Ctfrct OF laws which Wa
need not mention, property concentrates in
the hands ot'thc fur. Avnrice, snrocity, and
shrewdnCss, overrcach aud absorb Tie unWn-
~ and the weak; hence poverty, want, sut-
icring. But Life Insurance distributes TO all
alike. The rich aud the poor the lynX-eycd
miscr, tho widow aud the orphan, have
weighed to them in the same balance, and
measured to them in the Same measure.
Like christianity it il adapted TO the con
dlion of all; md like that, its power for
good is cn.nxtonSiyo with tho disposition to
embrace its provisions
The London Equitable Life Assurance
Society has been in operation ~ ycnrs, and
has nuz Az 6ccumutaJtd surplus fund OF
sos, ee000d and, wien it is remembered
thar Ibis immense fund is irrcvocably drdi-
Gated TO- these sacred purposes, aud that this
Company, if the people embrace the oppor-
tuui,y MS duty impeis, may, in us many years,
rival that. it's capacity for Unreasonable good
is at once manifest
If. III, T.,l
influence which Life lnsnrnlicu Iegitimatcly
exorts upon the STATE. II kuits together
the social aud domestic tias, which are tie
~.