Evening star. [volume] (Washington, D.C.) 1854-1972, 1868-10-09
A FEW MORE WORDS aRour ,.vr
INSURANCR

In our article on this subject yestenday.
called forth by the communication of A cor
responcsDt, We confined ourselves IN answer
nag his questions, and SATISFYING IN, doubts
ara think we demonstrated chat no one can
invest his funds in a more sure aud profitable
manner, with a greater certainty of a safe re-
turn' with Interest, than in Life Insurance. la
All branches of business, whether manufAc.
turing, commercial, or Agricultural, success
depends upon variety OF contingent circum-
stances a man may profit by his Investment
or he nGy lose. That is even the case with
many forms of insurance-indeed, we NAV saw,
all but well managed Life Insurance. In
nre and marine insurance no correc, and abso-
lutte data can BE- formed. succession of good
luck will enrich company IN a few yesr4
while caiamitous fre may bankrupt half a
dozen companies. Again, monies expended In
hre or marine insurance bring no returas. nm.
Hn we suffer less. Life Insurance exhibits
the contrary of all this
PervadiDg all nature, we find certain hxad
and permanent laws which never change.
sncn as the force Of eravitation, causing wa
ter TO seek its level; the movement of the
earth in its orbit, producing the success -;oL OF
the seasons, or on its axis making day and
night. dc. The calculations for Life Insur-
snce are ocsed upon the laws of mortality,
which are just as immutsbIe as these and are
obtained from observations in various parts of
the world for the last Two hundred years For
instance, 1,t0O persons at the age of TWENTY-FIVE
viii yet live TO average about 37H wears each.
NJ me age OF thirty, about SiK, and az the age
OF years, Just 81 years each; and SO on. Now,
these facts are found to be a certain and fixed
as any natural law before mentioned Obser-
vations In Paris, London, and this country,
obtain (within fractIon) the same result.
a ha
based upon these iaess, together with the ak
Perienee Of many years, Che oldest company
IN England was established one hundred and
fifty years ago, in THIS country more than thir
~ pears sinee,) Lille Insurance may be truIy
said to be mstter of cert Unity, and no COM
pany can ever fail when Its affairs are managed
win mic gritty and competent ability.
But there are other considerations in Life
lnsurance-the aecumulatons. All money
paid In, except what Is necessary to meet cur
rent expenses and loses, is inverted in Stlte
or United States Stocks, or loaned on bond and
mortgage on rel estate worth so Der cent
more than The amount Of the sum loaned.
These investments, Of course, are drawing in.
terest, which interest is again reloaned, max
ing an investment at compound interest. These
interests are an accumulation, which in a lew
years amounts TO a large sum. $50 inverted
yearly, commencing al birth, and remaining
untouched, amount, at the age of 60, to $3.50:
NJ the age Of 40 10 s3095; at the age Of D. to the
enormous sum of $1,000. Twenty dollars a
year for sixteen ye.srs is only an investment in
principal OF Sl,2OO; yet with the compound
interest, II amounts TO ne;rly nine times the
whole sum invested. II is often said that if
the same sum expended In Life Insurance
were put out at interest it would amount in a
few years, 10 as much as an insurance policy.
That 10 so, but what security has man that he
VIII live the few years, or living. that he will
put out the stipulatS sum AT interst yearly
Past experience AT least teaches thar but few
men do IL.
Ii being then both safe and profitable to in
sure, every man who has a family or friends
dependent on his suppor,, should effect an in
surance upon his Ii fe for Their benefit In &c of
his decease; the rich man because he has the
ready means 10 provide q certainty ayainstt tie
chances OF fortune which often give TO richie
wings; the poor man because however sinai
his income, little can be invested for the
iuture wants OF thoSe who otherwise will be
lett destitute when he disS. 1t il a matter
which should Tot be put of. Let every one
ask himself What If should Gle tonight
Life is uncertain, delays ale dangerous; the
younger man is when insurtt the les the
rate he has TO pay. Any one desirou7
IT,.
The company he intends to entrust with his
money is a responsible one; e I'D if he can fad
such a one At home, he should give it the pref
erence, for the following reasons: The capital
OF such companies accumulatss very rapidly,
and great deal OFF being inverted In bonds
and mortgages as we have stated, the commu-
nifty in which the company Is located, is great
ly benefited by the acces5ion to its capital
One company alone has over s6,g0O,O01 so in
vested. in New York city, and we can readily
appreciate the effect upon enterprise here even
II much smaller amount should be
made available for the accommodation Of
the business men in this community
1t is an admitted TACT that the Life InsuranC.
companies in New York, Boston, and Phila.
delpnia have added greatly to the prosperity
of those cities; and thus smaller and less enter
prlsihg communities, all over the land, have in
This way, as in others, contributed TO build mn
the bushes interests Of these greet commercial
eenters. Washington, with a population of
100000 souls, and with several thousand of her
citizens insured, had no home comp. ny until
the establishment recently OF the National Can
iial Lie Insurance Company, which has start
ed under most favorable auJpicec the officers
being gentlemen well known in the Districs of
Columbia as every way trustworthy. Hereto
fore thousands CT dollars have gone from here
" eAAiSA ioIclSn companies IN the future We
may expect 10 see a portion, ~ lest, OF the
money, which our citizens wisely lnve-t In Lite
Insurance, kept At home, and thus they will be
douhiy benefited; not only will they have the
certainty of a safe return OF their investments
WIN large sccumulations, for the good of their
families, but they will derive immedists ad-
Naniag. from the impetus which will be given
TO trade BY he accumulation OF c-pital here
tor employment in building up The interests of
our city.
IL seems to Us that the ExIress takes a rsuud-
aoou' way 10 assam the STAR by copying the |
coarse aouse OF this piper by the Sararnqt !
Nevs' over an article purporunS 10 be COPIED |
fFofn the STAR on Negro Democracy in South |
Carolina" Without sdverting iurtner to the |
taste, OF editorial comfy that would give place
To thiS nit1y ViiuperatiOn OF a city contsmpo-
larY, we have simply 10 sly that tns article in
question never appeared Ia the STAR