Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1870-07-14
The Nashville Life.

lSuSln auu DrSaQtn OF our own
country, as well as foreign lands.
When a person perfectly under
stands its workings, and the ad-
vantages and protection which it
affords to the helpless, but few will
hesitate to adopt it as business
transaction. A man who has the
prudence and foresight to insure
bis life for the benefit of his wife,
children, sisters, parents or others
dependent upon him, is exalted
In credit and the confidence of
his fellow men. He may not
know what is said about him by
his neighbors and friends, as deli
cacy mightforbid expressions with
In his hearing, showing their opin-
ion; but we ask each reader of
this article to "pause and reflect"
what he or she thinks of the pru-
Fdence and foresight of a friend
who has had a policy OF insurance
issued on his or her life.
A prudently conducted life in
surance company, whose business
is not confined to a small territory.
cannot fail, after passing its third
year, and having two thousand or
even fifteen hundred policies in
force.
The Southern States, in compar-
ison with the Northern, have but
few life insurance companies.
Some of them are attracting the
attention of the country, both
South and North, by their rapid
accumulation of business and
strength. One of the most pros
porous is the Nashville Life. Her
business is rapidly extending into
every quarter Of our Southern
land. She pays her losses prompt.
! ly, and her capital largely increas-
ed, now amounts, including sur
plus and reserved funds, 10 near
$500, 900. This, in comparison
with the amount al risk, shows
strength equal to the best and old
est companies of the Northern
States, and greater than many of
the older companies which are cor
rectly regarded as amply strong
If the people of the South will
! but do their duty toward one of
our own institutions, the Nash
Vile Life" will soon have astrength
of millions. As we strengthen a
home institution, SO we strengthen
our country. As we increase our
capital, SO we increase the pro-
ducts of our soil, our manufactures
and mercantile enterprise. The
advantages of keeping capital with
| in the borders of the Southern
States, is a matter to which too
little attention has been hereto
fore paid. Our people are begin
ming to have their eyes opened,
and to properly appreciate and
support their own institutions, and
keep their capital at home. What
has made Hartford, Connecticut,
such prosperous city? Ills well
known that her insurance compa-
MES have contributed more to her
prosperity than any other cause.
Their capital, which has been SO
largely contributed to by the peo-
pie of the Southern States, has
been used to build up manufacto-
ries of various kinds, erect large
and costly buildings, establish
banks, and by a system of loaning
money to the people at moderate
rates of interest, contribute to
tLeir general prosperity.
Why should the people of the
South longer contribute to enrich
ing a people who are not of us, noi
for US, by encouraging institutions
which can offer no safer or better
security than our own? Does il
look reasonable or right that sever
al millions should be sent away
every year, most of which will
never return? If life insurance
could not be obtained from compa
MES located in our own Southern
land, then we would advise oul
people to obtain it from the North
being fully impressed, as we be-
fore stated. that every prudent