The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-02-21
Dear,tOO Dear,in answer 10 Cheap.
too Chcap.'


In last weeks issue All men desire to pur-
chase the best article for their money, but
who would like to become member of
firm and invest his money in it, when he
knows that it is doing business on an extrav-
agant scale, which must end in ruin or force
its members to bankruptcy in the near fu-
ture. All men wish to buy right and pay
the net value for what they get. But any
man of sense would not pay twice as much
for an article as it is worth. There are some
who will buy bogus jewelry and pay twice
the price of a good article. When the agent
of the U. b. Mutual Aid Co. Operative Life
Insurance Co., of Lebanon, Pa, publishes
that his company has paid the enormous ex-
travagant amount of 81 ,65l ,290.25 in death
much loss as any company should have in
the amount of membership, when careful in
taking risks. The great amount of money
he speaks of as a surplus find, is gained by
its members paying more than they ought
to pay from year to year. All sane men,
having any knowledge of insurance, have
made up their minds that where they get
value for their money, that is the place to
make Investments not in a company that
on an average they have to pay 20 assess
ments and in the year 1873 that COM
pany, according to the Insurance Commits
sioners' Report of Penna., for that year they
resisted S24, 900 of death claims which is the
last report given out by that Co. IntGHiqeat
men prefer to insure in a company that
charges the exact cost OF their insurance from
year to year, which they know they can
pay from year to year, and which will al
| low them TO live as well as the company !;
and that pays all its death claims promptly,
as they occur, viz: on He day they fall due.
which is ninety days after satisfactory proof
/ is given of death. Such a company is the
Ne,0 Era L.te association, Of 1876, Of Phila-
/ dclphia. The system it does its business up
on is strictly mutual. 1t charges one mem
! Der no more than another at the same age
when joining. It is careful in taking risks.
/ If the New Era takes your money and you
die, they will pay your legal heirs what they
agree to in the certificate of membership.
For an example take a member aged A
years, his assessment is Sl.2O per 81 1000
for each one thousand dollars of a
loss, when the company has 81 900, =
600 or under of risks, at 81 900 900 Of risks
his assessment reduces 10 60 cts, per 81 900,
So 600 600 10 40 cts, Sl 900 900 to 80 cts, aud
Sl0,0OO,00O, ~ cts per 81 900, which is the
bases Of the company. The bases Of 81, I,O00,.
600 is the bases Of $40, 100000 1t costs its
members no more 10 pay $4,000 Of loss
when il has $40, ,00O 900 Of risks, than il does
TO pay $4,000 of loss when it has 81 900 >
600 Of risks, thus showing this system far
superior TO any class system, because each
member helps one another. The New Era
has to-day 81 100000 Of risks which reduces
the assessment one-half, thus showing as its
membership increases the amount Of assess
; ment decreases. Those desiring TO make
! protection for their families will save money
by calling or addressing +. r. ALExANDKR
; District Agent Of the New Era Life Assooia
, tion of 1876, of Philadelphia. Office, Banl
Street, Lvhighton, Pa.