Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-10-22
CoNcENrRArED Observation-Disclosures

CONCENTRATED RESPONSIBILITY.-Ihere
appears to be, in these days, an increasing
desire by the public for things that are
permanent, substantial, and in every way
reliable. This, as sign of the times, is
most encouraging. In our public build
ings we see massiveness and an extent or
accommodation never thought of by our
fathers; in our bridges, telegraphic cables,
immense railroad lines, and all internal
Improvements, we are willing to sacrifice
any considerations of present or doubtful
advantage, for permanence, security and
extended capability. So too in re-
gard to our incorporated institutions.
we exhibit a disposition to establish
such bodies upon wide and secure
foundations, to abandon the idea of num-
erous small and comparatively irresponsi-
BILE companies, with limited capitals. and to
concentrate, as far as possible. the respon-
sibility on which the public monetary in
terests may depend. The substitution Of
reliable and concentrated bank-note sys-
tenn in the place of that one which allowed
little bank, in any little town. to send out
notes of very little value, anywhere but at
home, and which might become at any
moment of no value anywhere has been of
the greatest public service. A national
bank-note, issued in Maine, is perfectly
good in Florida, and if the Issuing bank
cannot redeem it, the Treasury Depart
ment at Washington will.
So with insurance and other Companies
of the kind. The most popular life insur-
ance company in America will doubtless
be the National Life Insurance Company
of the United States" The charter of this
Company is not given by any State Legis-
lature, but by the United States Congress.
1t is intended to cover in its operations
the whole country. Its capital, not de-
pendent upon future contingencies, is one
million dollars, all paid in. Its directors
and managers are men who stand at the
very head of financial affairs in this
country, Clarence III. Clark, Jay
Cooke, and others of the very highest
integrity. There is nothing about this
Company which shows any signs of posi-
,le weakness in its construction. 1t is not
Necessary that its business should increase,
ind its affairs flourish, in order that it may
re reliable and competent to meet all
:osses and just demands. 1t is so now.
Founded by men of wealth, its position is
such at its very Inauguration. as few COM
panies can hope to reach after years of sue
cessful existence. There is no risk, no
dependence on the future success of the
Company for ones belief in its character.
Besides this substantial foundation, the
National Life Insurance Company presents
many inducements to those who wish
to make provision for the future OF their
families. Its rates are very low in COM
parison with other companies. Its policies
are non-forfeiting. They are negotiable,
hut cannot be attached by the creditors of
the insured. All its promises are definite
and certain-shere is no chance or depend
ence on future profits in any OF them.--
There are no unnecessary restrictions in
its policies, and no extra" charges of any
kind.
Then, its plans are of various and advan-
tageous kinds. By-one, party can be in
sured in the ordinary method. By another,
all the money received as premiums will be
turned to the heirs at the death of the in
sured. By the Endowment Plan, the poll
cies are payable to the insured after the
lapse of a stated term of years, or to his
heirs whenever his death may occur.
By the Income producing Plan not only
will the family or heirs of the insured par
ty receive the full amount of his policy at
his death, but he will, himself, receive a
yearly income, after ten, fifteen or more
years, as may be agreed upon.
Therefore, it is easy to perceive that, by
uniting, in one Company, all advantages,
both OF plans of insurance and of absolute
security, arising from an immense combi-
rance Company gives every promise of be-
ing, truly, The Life Insurance Company of
the nation.
LAYING ROUND LoosE.-We met Charley
Wagner on State street yesterday laying
round loose and looking most disconsolate.
He was trying to smoke the stub of a re-
gala cabbageio, had no bell on, and looked
lost. He had sold out his restaurant, and
the carpenters are fixing up his oyster and
fish depot at he oil place, in gay style.
Charley says that next week he will have
the greatest lot of canned lobster, sardines,
oysters, fish and the like for the supply of
hotels, restaurants and private families.
ever brought to Columbus. He's a juke in
disguise, Charley is.
BEWARE OF IMPosToRs.-Our streets are
daily traversed by men whose appearance
indicates that they are absolutely in a
starving condition, but who in reality are
resorting to this expedient to deceive our
unsuspecting and charitable citizens.
Many of the beggars who are constantly
soliciting aims in our city are men of the
vilest habits, and who appropriate the
money they receive to the purchase of
spirituous drinks. Some are thieves in dis
guise, who essay poverty in order to better
prosecute their business.
LOCAL NOTICES.
FURs FOR ALL.-No lady or child should