The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1868-10-17

In the platform Of principles enuueiated by
the National Labor Reform Party Of the United
States, one of the most important rs e co
operative resolutions, and We are sratifed II
observe that the cooperative principle is gain.
iig friends rapidly, and that it is not to be con
lined to trades unions, but that il 10 entering
into and becoming the foandation-stone for
other organizations. A man must be a dull
scholar indeed, il be has had an or Iinary share
Of business experience, aud has not discovered
tn: The surest path TO prosperity lays along
the most thickly settled streets, or in other
words, mutuGlliiy Of interests clustering TO-
getLeF a cooperative enterprise, is the surest
guaranty Of success. We are led to write The
foregoing, by reading circular Of a new sys-
TEN Of Cooperative Life Insurance, just organ.
lied, by the Provident Insurance Company OF
ihis city, and We are SO impressed with the i'm
portancc Of the system that We publish the cir
calar entire, below. As to the value and i'm
portance Of Life Insurance the arguments are
all for il and not one against it, and we have
always felt that while the principles Of the Ia
boring men needed the benefits arising from
Lite Insurance more than any other class. yet
the expense was 80 great, necessity compelled
them 20 forgo those benefits. But the Provi-
deid Insurance Company Of this city, With that
energy and enterprise, which has always char
acteriaed its operaticns, appreciated as it is
BY those who appreciate labor, and all co Ope r
alive movements, has taken the initiative, and
p the first in the field with the system Of Co.
operative Life Insurance, bringing il within the
syilty Of every laboring man in this countr, to
provide Five Thousand Dollars for his family in
the event of his death, and We sin ,erely hope
they will avail themselves Of this opportunity
The laboringman tolls hard day after day to
provide fc- : family, prompted only BY love
for the dear ones at home, and in his medita-
tons while busily engaged, could he but say,
whatever ove.rakes me, have FIVE thousand
dollars provided for my loving family, how il
would tighten his heart.
co-orERATrvE SYSTEM OF LIFE INSURANCE
This system seizures a cash payment, within 60 day.
after the death Of member Of many dollars
members In the class which he she belongs Y
his or her heirs.
The membership fees to be paid are dollars join
ng and contribution fee Of I've dollars and ny cents
~hch sh Is psy the death Of any Other
member Of his class One dollar goes to wi
dow heirs q the deceased member and the ten cent
Tor expenses.
To save expense and annoyance TO the assured. VI
collect the five assessments 10 advance, which win b
safely invested be available for losses aEy
time.
member failing to pay bis fees forfeits all claim
upon the Company aud also iorfsts all money previous
ly paid. member having permanent residence mus
notify the Secretary, and appoint representative pa
ais fee.
Members prepay their fees In sums Of one huDdre,
and ten dollars If they prefer, in less The
ured dyised into i've classes for females AZ soo
these filed, I've classes vii be formed
20 continue