Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1871-04-05

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2 Henry r. Jones; 1900 j + Frey. F.p' I'D
B. sa.son, sasR'0n' !esss @ fad RSda09lsa ogden s see
Homer Morgan, 1ooooo o coo p Heodyerth 5000
G. r. KaIbneiscb, 10000 r. W. Haliett. sSW
Why do these solid and successful business
men, WIG have proved their financial skill and
cred judgment by practical results. invest 80
largely Ii HE frssrtTanoe2 Because experience
has taught them its Y&ius IN guarding against
dangers to which all men are liabie=the danger
of losing accumulated wealth by some stroke
of misfortune, and the danger of dying sud-
aenly with affairs SO conditioned that no other
hand Can eaffy them to profitable issue.
But if such nien feel and acknowledge the
vast advantage of life insurance, how much
more strongly do these benefits commend
themselves to those of moderate means, and
even still more to that large number whose
fortunes are in the future, whose loved ones
are dependent entirely upon the continuance
of the health End life Of the head of the family
Can any insurable llar BE said to have pro-
vided for his family, who has left them to the
risk of poverty in the event of his death?
Life insurance is Savings Bank which se-
cures to every man who avails himself of it's
bsHehcient aid, that he shall leave an inherit
ance Pfcp6rtloned to his productive power
whether he dies Tomorrow or lives to exercise
that productive energy for long life time. No
other institution does or can do this. There is
no other way III which a young man starting
out in life, can be sure of leaving his family
provided for at his death. OF every hundred
who attempt to leave an inheritance from the
successes OF bUtattees, not five succeed. No
man has the right to EXPOSE tenderly n1lr-
tured and dearly loved family with bs protec-
ton but the small chances, practically much
less than five in hundred, that he will be one
of the successful Ones
Within very short time well-known gen.
tleman has suddenly died. while in the midst
of full health and apparent success by an ac-
cident. The gentlemans success depended
upon carrying through certain matters which
he had in hand. His estate is bankrupt
Thanks to his wise and loving forethought his
widow and children are provided for by the
proceeds Of his life policies. Not long since
Gen. b of our army, calling upon friend to
get his pay for the coming month cashed, was
invited by that friend to insure his life He
was in splendid health, and always needing all
bis money, he thought he could not afford it,
But, said his friend, will pay the first premi-
um, and you may repay me when convenient
No, he felt no fear In three days from that
time it was too tate, he was dead and his widow
destitute.
Every one admits the advantages, the Bless
ings conferred by life insurance, but they COM
plain that they cannot afford the expense, and
so try to excuse themselves to their consciences
for what they already know to be neglect of
duty. But it is not true of any young man in
health and with the possession of his facul-
ties, who is fit to have any responsibilities at
all, that he cannot insure for something. He
may perhaps not be able to insure for large
sum, but certainly he can for small one. How
few men of twenty-five there are who do not
spend for unnecessary luxuries, more than
twenty-five cents day; yet that amount will
insure man of that age for more than Sc, 900
in the NORTHWESTERN MUTUAL LIFE INSURANCE
CsMPANY, which is one of the best and most
desirable .institutions to be found in this
or any other country. The success of this COM
pany has been truly notable. Its growth is
healthy as well as gigantic. Its policies are
not large, but are held by those, who need such
protection the most, and who are also the safest
and best risks to be associated with, The
northwestern is purely mutual company in
which all the members are partners and all are
equally interested in having healthy associates
and In having the risks well scattered. All
these things are important elements of
strength. One of the most vital points about
a lie insurance company is that of expenses.
Large expenses undermine company, but
with small expenses, carefully selected risks,
and large interest on investments, the yery
best results are obtained
The conspicuous economy practiced by the
management of the 8 Northwestern, ~ is best
shown by the "Spectator Life Chart for 1871, %
which gives tAe Id1io oI acGuaI expenses 1Or
the year 1870 of sirty-nine life companies of
the United States. This ratio is for all acork-
ing expenses of the companies, including death
losses, and of the entire list but three have O.
lower ratio than the " Northwestern. - This
table gives the ratios thus:
Mutual Life of New York "a. 81
Economical Mutual. .26. rs
Charter Oak 26 80
Northwestern. 80
Being Western company they are able safe
ly to lend money on strong security at ten per
cent interest, while they keep reserve cal
culated at four per cent. interest. A sum of
money invested for fifty years at ten per cent.
compound interest will yield more than six
times the amount it would produce at six per
cent, and nearly five times as.much as at
eight per cent. Another essential point is that
an insurance company shall be well managed ;
and in this respect no better can be found, and
the remarkable growth of the society is doubt
less largely owing to the general confidence
felt by the people in the managers.
The total amount of losses paid since the
organization in 1859 to JAM 1, 1871, is 81 ,692,
65630, of which $477, ,085. II, were paid during
the year 1870.
Its total income for 1870 was So, SIC, $40. OF,
and its interest receipts were $3.50, ,707.36. Du-
ring the year it loaned on real estate security
worth two to five times the amount loaned,
81 400, 10000, at ten per cent. interest. Its as
sets are nine million dollars Whatever sur
plus remains after the expenses and losses of
the year are paid. and sufficient amount re-
served to meet all future liabilities, calculated
with interest at four per cent, Is returned to
the policy holders. This return of surplus,
commonly called the dividend, is distributed to
each member, according to the amount which
he has furnished toward making it. This is be-
ieved to be strictly equitable, and is the plan
adopted by most of the oldest and best compa-
MES. A note will be taken for portion of the
premium, or, in other words, the company will
loan portion of their assets to their own
members, such loan being fully secured by the
surrender value of the policy. This is a very
good Investment for the company, and per-
fectly safe, and oftentimes it is an advan-
tage to the insured. 1t enables the insurer TO
obtain a larger amount than his cash pay
ment would alone procure, and if he dies early
the family gain by it. If, on the other hand,
he lives long, and becomes able to pay back the
loan, supposing that it is not Cancelled by re-
turns of surplus, he can do SO. There are
many persons who need a large insurance at
the beginning, and for them the note is an &C
commodation.
Take IL all in all, there is no company which
offers greater advantages than this Giant OF
he West, and we advise everybody to examine
carefully its publications, where all the infor-
nation is given which can only be limited at il
our present space.
ALL VARIETIES OF PAIN SEEM to be in
cluded in the agonies Of Dyspepsia
Yet by invigorating the stomach and
toning the liver, and bowels, with DR..
WALKERS VINEGAR BITTERs, you car
arrest them ALL The chemical and me
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