The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1868-07-10
Neo.ho v.,I.v p.,,v ne.,,.

Daily service has commenced On the Neosho
Valley Mail Route. T. c. Hill went through
on Monday, completing the arrangements.
This gives the valley counties ample means Of
communication and travel. Two more nice
covered coaches are soon to be put on and this
will soon be about the most important route in
the State. The mails are now In better run:
ming order on this road than they have ever
been before.
NEW OFFICERS. We have neglected to no
tice the appointment, by the County Commits
siOners, Of Almerin Gillett, as County Super
intendent Of Public Instruction, 70 I'LL out the
unexpired term Of Rev. G. c. Morse, and JefF.
Pigman, Of Jackson township, as Commission
CT, to NIL out the unexpired term Of Rev. c. c.
Deweese, both Mr.. Morse and Mr.. Deweese
having LEFT the county. The appointments are
good ones, and will be endorsed by the people
The GLoRIoUs.-The only celebration Of the
GLORIOUS Fourth" in the county, that we have
heard Of, was at Hartford. There the people
gathered 70 the number Of between two
and three thousand. All was quiet in EmpO-
ria. Everybody that could afford it, and could
get any sort Of conveyance, went to Hartford.
The day was excessively hot, and those who
staid at home amused themselves with trying
to keep COOL" They were about as success
full as the elder Vaughan. In the afternoon
glorious shower came up, and we are happy
TO state that many folks who went to Hartford
got good ''ducking'' before they got home.
In the evening the fire works was the attrac-
ton. There had been no general preparation
for "grand display" but folks who had been
quiet all day, could no longer restrain them
selves, but "busted out'' In that direction, and
had q gay time for an hour or two. We hereby
give notice that there will be several celebra-
tons in this part OF Kansas next 4th of July.
We publish in,another column the Statement
Of the Connecticut Mutual Life Insurance
Company, and append q few ofthe reasons why
our citizens should give the co0pany favora-
BILE consideration.
LIST. 1t is a purely mutual company. The
insured themselves constitute the company.
and either in person or by proxy. each votes at
all elections. Thus the insured themselves
choose the directors and so determine the man.
agement and policy of the institution. 1t is
I but natural to suppose that they look out for
their own interest Not so with the stock COM
! pany. 1t Is private enterprise Gf a few men,
I got up a speculation-a money making
| scheme-perfectly legitimate like banking or
manufacturing association, but the main OBJ
ject being to put money into the pockets of the
handful Of stockholders who manage and con-
| troll the concern. If there is any money to di-
vide they will have their share first-too often
the lions share. Theinsured have ne voice in
| the management.
! 2d. The number of lives insured in this CON-
pany exceeds that Of any other, thus affording
security above them all. Security in life in
/ surance is the paramount consideration, and
| that company is the safest in which the largest
number Is insured, the necessary law of aver
| age having more scope for operation.
Sd. Its risks are scattered from Maine to CAL
ifornIa, thus making the average rate OF NOR
talty lower than II confined to one locality. Its
| inv estments are made where the highest rate
| of interest can be obtained with the best secu-
| rity. Over five millions dollars cash of its i'm
| mense surplus is now invested in the West,
being a larger sum than the combined assets OF
| all Western Life Insurance Companies.
4th. Its dividends which have averaged lar
ger than in any other company in the United
States are declared annually on the per centage
plan, which divides the surplus equally among
its members, and not on any ''HOco POcus" OF
| 'contribution'' scheme. utterly unintelligiblC
! to the uninitiated by which one policy holder
gets much larger dividend than another seem
nigly for effect.
9th. Its rates are as low as those of any com.
! pany doing safe business.
9Th. 1t loans to its members One-half of the
premium if desired, which may remain till
| cancelled by dividends, thus enableing par.
ty to carry double the insurance than If obi.
ged to pay all cash.
9Th. The interest on its accumulated fund
| has more than paid its losses for the past Il
years. success unparalleled in the history OF
life insurance.
Sth. All its policies are non-forfcitable. II
| charges no extra rate on females.
| 9th. In adjusting losses by death dividends
| are allowed OH each premium paid, SO that NJ
| notes are deducted from the policy.
| Query: If Western Life Insurance COmpa
mics can loan their money ut twelve per cent
why do they invest such large proportion Of
l their assets in Government Bonds!