The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1866-05-18
@ II 4 r l. E S TON.
FRIDAY MORNING, MAY IS, 1866.
LIFE INSURANCE..

~ LIFE IRS SURANCE.
Time was when vaccination was considered
On invention of the evil one. 1t was tempt
ing Providence to insure against small pox.
The use of lightning rods was pronounced a
heresy that could not be compounded for.
Fire insurance in that day was looked at only
as temptation to the house burner. But the
Introduction of umbrellas, ocean steamers.
coal gas, chloroform, and improved machine
ry OF every kind, was opposed in precisely
the same manner, and by the same staunch
ultra conservatives.
But in all these and thousand other in
stances of the same nature, Truth hos event
ually triumphed and Superstition with her
multifarious subterfnges been swept away
with the dipgy cobwebs of the ages. Insur-
ance of every description has had to contend
with these obstacles. Ignorance blindly op-
poses the new; superstition finds arguments.
Thus in the matter of Life Insurance, there
are persons still at this day, and in this en-
lightened country, who object to insure their
lives, because, they think it is speculating
upon death-and that the wicked insurer
must therefore meet with an untimely end
This may sound very absurd to some persons.
and there are perhaps comparatively few
with sufficient candor to express such fear,
however many may hold the theory in their
secret hearts.
The arguments in favor of Life Insurance
are 80 numerous and 30 self.evident, that we
scarcely know where to begin. There are
few principles so widely acknowledged as
this, that it is the duty of man to provide
for his family. 1t is one of the instincts of
our common nature. And while life lasts,
the husband and father plods and tolls, to
supply present wants, and provide for future
contingencies. This last mentioned endeavor
is still further fostered by the almost univer-
sal desire in the human breast, to accumulate
property. But an all-wise Providence has
decreed, that riches are the lot of but COM
paratively few. The vast majority only olive
from hand to mouth" And when lifa's fitful
dream is over, and they are called awry from
those they love, their. last hours not unfre-
quently are much disquieted by thoughts Of
the destitute condition in which they ara
compelled to leave the objects of their affso.
tlon. .,....
10 meet cases such as these, wise and be-
neVoient men, many years ago, devised means,
whereby man could secure comfortable
independence to his family after his death,
by annually paying small premium. This
is much surer method Of accomplishing the
end than would be mere Savings Bank; in
the latter you can withdraw your savings at
any time, or you can cease to deposit while
in life insurance company the contract de-
mando that your premium be paid annually ;;
and nothing can be withdrawn until at your
death those for whose benefit the insurance
was effected receive the sum stipulated. This
premium, with an effort, almost every man
can manage to pay, and thus secure not only
this sum, above the accidents of temptation,
failure in business, and various other oont;n.
genoies,-but he invests it in the most profit
able manner, whore it will yield the largest
return. This we will not now stop to elabo-
rate. This duty performed, a man may say ::
"Non oninis n,oriar,o in q sense never son.
templated by HoRAnE, 81 ,.,t
Insurance of every other kind is more open
to objection than this. Fires may or may NOT
occur, it is matter of chance 90 with ma.
rine and othor disasters, for which insurance
may be effected. If man calculates on his
luck, as we know some men do, why, hs may