Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1869-06-10
sound Insurance Argument.

We call the earnest attention of GU
numerous readers to the pertinen; m,
suggestive argument set forth by th,
Pacific Mutual Life Insurance CompAn,
in our advertising columns to-day, ant
ask for it due aud careful considera'
lion. The wealth of au individual cou,
sists less in what he acquires than ID
what he saves hence, life insurance n:
a of saving money has become
very popular. The wealth of any coun.
try mo be entirely estimated by its
production of gold aud silver, but by
the amount retained for circulation
where it is produced. This idea is cx-
cellently illustrated in the daily and
monthly yield Of our Comstock ledge,
and noting what becomes Of it. Is il
not nearly all retained and disbursed
right here among us? and is it not the
prolific and continual source, the WELL
spring Of our hourishing prosperity as u
community? Again, thcsPacitic coast
has produced an average of $50, 900 600
per annum for the last 90 years. Suppose
one-half Of that amount had been kept
where it was produced, and, through
judiciOus investment, and the conSe.
qusnt development and Improvement,
had guadrupled-which IS really II low
estimate Of advance - amounting to
So, 900, 900, 900. Just consider Of what
Importance that amount of accumu-
lated and retained wealth would be to
us now As it is, there is actually less
money in circulation upon this coast in
proportion to the population than in the
Atlantic States.
In applying this arsuaen, to the
principle and business OF life Insurance,
Just consider what the various comPa-
MES in existence and advertising among
US are doing, and especially reflect on
the actually established fact that the
only one Of them all which is really Il
home company, with interests identicnlly
our own, retaining aud investing its
capital among us Of this coast, is the
Pacific Mutual Life Insurance Company,
of California. This live company,
during the very first year OF its exist
euce, has issued 1000 policies, amount
ing to about So, 500 900 insurance. It's
assets have been increased 10 over
5000, 900, while its net liabilities are
not far from $4,000, leaving n very
handsome surplus, more than sufficient
to cover any possible contingency OF
loss. At the present time i: has an in-
come from new business Of more than
81, 900 per day. Persons acquainted
with the early history of life insurance
companies will thus observe that the
business of this company has been
greater than any irst years business
ever reported by any insurance COM
pany.
With us all, and especially with the
working man, how to save money when
once acquired, by safe, reliable and
profitable investment, with II correct
eye to providing for the future is, and
ever should be, the all absorbing ques-
ton. Our advice in the premises Is:
secure an endowment policy in some
good, responsible life insurance CON
pany, aud use your surplus earnings TO
pay your premiums, and depend upon
it, you will in n few years secure TO
yourself or family II positive and cure
independence. In selecting a company,
choose one which, from natural odvan-
,sges, makes the most advantageous i'll
vestments /; for Upon that depends Your
profit. Select II company which III
vests its funds lear you, thereby
serving the double purpose of improv'
ing your local business by adding the
amount Of its Investment to home cir
culation. Insure in the Pacific Mutual
Life Insurance Company of California,
and with an endowment policy in your
pocket, you may defy the shafts OF pow
erty and disaster for all future time.