Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1868-12-25
Life Insurance and Banking.
TIE NEW NATIONAL LIFE.

ways well; but to do the right thing, at
the right time, in the right way, and in
the very best right way, is better.
We talk of insuring our lives, but we
don't. The great mystery of life--its
beginning and its ending-will never be
less mystery than it now is. But we
insure not our lives, but our fortunes
not uncertain years, but certain money,
We are well and prosperous to-day, but
who knows of tomorrow Wife and
little ones are happy in abundance while
we live; but when the one great grief
comes to them, let us not make it doubly
bitter by adding poverty to desolation.
What duty it is, and how delightful,
to save something Of our earnings or to
spare something more of our abundance
to insure comfort and home to the loved
ones. 1t is not only insurance, but it is
inuestmeRt-it is banking it is lending
money, year by year, and little by little,
on bond and mortgage, that will roll up
handsome principal to be paid to us
when we are old, or to our families to-
morrow, if, perchance, the "silver cord
should be sundered or the bowl be brok-
en- at the fountain" Who wouldn't do
it? There is no young man of twenty
one who cannot spare 1925 year to
secure $1,000, and no father of thirty
who could so wisely appropriate s165.50
year to secure $4,000 to those to whom
the accidents of business may leave
nothing else But Brother Forethought
at thirty-fve, says, / am making
money now, but at fifty-fve may be on
the shady side of fortune as well as years
and $4,000 then will give me hand
some farm and all the independence of a
millionaire. What will it COST" Why,
an annual payment of only S771.00,
which also secures the $4,000 at any
moment the grim messenger may come.
But if Brother Forethought is satisfied
that he can provide for his home and its
treasures while he lives, yet would still
have tender care for his household when
no Forethought can help them, he may
pay s52S.00 year, and his family will re-
ceive $4,000 at his decease, and also
return of every dollar Of the premium that
has been paid. This large sum will be
secured without any cost except the loss
of interest on the yearly payments of
1928.
But-continuing in the family-let us
take another case. Brother Rapid has
more dash, takes larger risks, and some
times makes more money than Brother
Forethought, but calmly thinking the
matter over, he admits that his brilliant
plans may come to grief some day,-that
his ready wits may be dulled, and age
may bring want and dependence in addi-
ton to all its other cares. He thinks
81 900 year would make him comfort
able, and an annual payment of $516,
for twenty years, secures it, and also
$4,000 besides ON the day of his decease
if it comes to morrow.
We have indicated above only few
of the distinguishing features of Life In
surance, or rather Life Investments, as
we have found them stated in the tables
of the National Life Insurance Compa-
ny. To any necessary extent such a
Company is better than Savings Bank.
1t may not only secure moderate profit
now, but what is better, moderate for
tune in the future.
But we have spoken of insurance as
banking, and it has become most i'm
portant form of it. The business OF
some insurance companies is now larger
than that of the largest banks. The
sums insured become immense. Risks
amount to hundreds of millions, and in.
vestments in bonds and mortgages to tens
of millions. The highest financial sa.
gacity and experience are required to
; conduct these vast monied operations. -
Even honest errors in judgment would
not only break the fortunes but the hearts
of multitudes. We have not word &c
say against any good life insurance com.
pany. May they all be blessed accord
ing to their deserts, but we are glad tc
see another good and great one in the
field, with men of well-known wealth and
ability at the head of it. To enable il
to accomplish the greatest good all ovel
the country, Congress chartered it, and
it is called "The National Life Insuranc,
!, Company of the United States of Amer
: lea" Jay Cooke and his partners il
New York and Washington, and C. H
f Clark, President of the First Nationa
Bank of Philadelphia, and their friends
have invested a million dollars as cap
D ital to make assurance double sure
The officers will bring their successful
!, business experience and mature iudg
e ment to bear upon this INSURANCE
1 DEPARTMENT OF BANKING. an,