Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1868-11-24


There is tendency among men of all classes,
towards speculation in regard to matters in
which mooey is any way concerned FIVE in
vest, in the ordinary manner, one dollar, We Of
course expect at least one hundred and six cents
in return, but if We have CHANCE Of receiving,
by some extraordinary method of investment, n
dollar and quarter at the end Of the year, we
nrn of".. .;ll;n.. 10 f>. .i.~ r~:.:-s- &c a.
curing that chance, such sum rs may deprive
us Of any profit whatever. Now, in some forms
of business this system may be admissible,
where in the constant fluctuations of prices and
values it is necessary to sometimes meet future
by present uncertainties. But there is one
thing, aud but one thing in the future, on which
a man can certainly depend, and that is his
death. Therefore, all the arrangements he makes
concerning that important event should be as
immutablc as death ITSELF These remarks are
prompted by n consideration of the different
methods Of life insurance now offered to the
public, On one side we have the mutual COM
panics, which for positive high premiums, paid
during mans life, will guarantee certain
sum to his heirs at his death; and also will POS
srBLY pay into his hands certain premiums,
which may be declared by the companies; the
time of payment and the amount of said prem
iums to be determined by the profits which MAY
accrue On the other hand we have tho method
proposed by the National Life Insurance Com
pany of the United States of America 1--WE give
the name in full to show one Of its distinctive
features 1t snot State corporation but holds
charter granted by Congress). In this Com
pany we find various new features of. Life In
surance, but the point to which We wish to d-
rect attention is, that everything it promises is
as fixed and certain as that which it asks. There
is no POSSIBLE profit to be paid for by POSITIVE
cash. Everything is regulated on a sound bust
ness basis, according to the best known theories
Of the duration of Life and the value of Money
In the first place the premium paid is smaller
than in the mutual companies There is an adj
vantage to start with. Secondly, there is no
possibility of the insured person being deceived
or deceiving himself by incorrect calculations.
So much premium secure SO much money ut
death. Thirdly. The policies cannot be forfeit
ed, for what one has paid he receives policy
for proportionate amount. Fourthly. The
policy one receives is certain possession of
the heirs at the death of the insured. II cannot
be attached by creditors Filthy. According to
one Of the plains Of the Company, not only is a
man certain to leave to his hairs the amount of his
policy, but, in addition, the sum total of all the
premiums he has paid during his lifc-the Com
pany, in this case, contenting itself with the
interest upon said premiums. sxthly.
In accordance with : the 4Incomc-producing
rian, man can receive, after certain num-
Der of years according to the kind of policy
'aken), fixed and regular income during his
lie. Sevcnthly All those promises are Sc
'ured by pAID-uP capital ofone million dollars.
hus making IL possible for this Company to
meet alldiabiiites, no matter what losses or dis
appointments may occur. When we add to
hose various advantages, the fact that men of
he highest financial positions in the country are
the head of the Company, there is no possible
eason for doubling the absolute secrity Il guar
ntees to all its pelicy-holders. TIE IN
ueement thus offered 10 accept a.pasitiye bcne6- /
case Of a certain event, should. wo think, be ,
ccepted by all who are intending to insure their
YES, or to increase in surances already made
J. RUSSELL ARMSTRONG,
81 Adams & Montpelier, Vt 9
pecial Ag't for Addison, Chittcndcn, Franklin
rand Isle, Lamnilo and Washington Counties
Tho Legislature adjourned last Fri /