Hand County press. (Miller, Dakota [S.D.]) 1882-1893, 1885-06-04
HOME INSURANCE


sire to present few thoughts and facts
for the consideration of the people of
| Dakota, in regard to patronizing home in
insurance companies, and retaining the
large inns of money annually sent to the
eastern states, that goes directly INTO the
pockets of already rich men and corpora
| tions.
The history OF Dakota in this respect
is but n repetition of all other states that
haye passed from out the sistcrhood Of
territories 30 that Of states for the last
| fitfy years. anil there is but little doubt
that 80 long rs there are new territories
TO settle and new domains 10 reclaim it
| Will continue.
Take for example the state of Iowa
! that has passed successfully through this
! trying period, and now stands ont boldly
as an example of what the people of
country may do 10y exercising the ris hts
AID intelligence Of shrewd, careful bust
ness men. The writer of this article well
remembers the time in that state when
y
on the property of the farmer, nechsnic
or merchant WAS sent ont of the state TO
fiji the already full Golfers OF eastern cap
italists. an the times were correspond
ingly hard md interest high: and as far
back a. the .,anic AMI Lard times "57," 20
every Iowa Dakotaiin will remember,
money was loaned at the T;inous rates
for these money sharks. of from p
cent a month up, according to mems ne
ccssties. Mortgages, judgments and
forced sales WAS then the rule, aul the
recorders office was kept busy day and
night to keep up with their work, and the
fair face of that state was almost literally
plastercd over with mortgages.
But change has taken place almost as
If ly magic. or under the wand of th.
magician and what is the cause? Insur-
ance companies, sound and reliable finan-
cially, managed by men of Known intcili-
gence and sterling worth. connected their
names and fortunes with these institutions
! in the different cities Of the common
wealth. AM the millions of dollars that
/ had flown so steadily towards the rising
/ sun were kept at home, distributed
among the people. leaned at reasonable
and living rates to Woodworking, toilins
and too often oppressed farmers, and the
business man found his surCties accepta-
/ BILE to these home institutions for they
! did not want the EARTH; and il needs must
/ be, extension was given from year to wear,
because these companies had fnith in
their securities, had faith in the final
! future and destiny of that then new re-
! plblic, because they were part of that
people themselv S. How does the Ease
stand to day? Money can be had at from
6 to 8 per cent. per annum, and in some
instances large investments have been
made at a and per cent, the mortgage
cleared off the 'Ifarm," business Of all
kinds on a solid basis, and Iowa one Of
most prosperous states in the Northwest;
.'school house on almost every hilltop
and no saloon in the valley" church spires
to be seen pointing heayenward in every
neighborhood, and the people happy,
/ prosperous and contented And what is
true of Iowa, is and has been true Of
Minnesota, Wisconsin and Illinois, and
why not of this grand and wonderful Ter
ritory of Dakota.
But says one this is not oil due to home
insurance companies, But stop a moment.
! Let million and half OF dollars cueh
year be retained within your borders. and
the interest upon that sum yearly for ten
| years and il will be at once apparent To
! the most casual observer the difference it
would make in the monev markets0f Da-
kota. To the fmmer and laboi1hg man
this is most Important; and then add that
other incentive that fills with pride the
the breast of every citizen Of this glorious
new and fast developing country, the
wonder Of the east and the envy of the
world, and that is to patronizs home in
dustries and LONE institutions.
! so we say to the intelligent people Of
all classes of intelligent Dakota, The Fa--
60 Insurance Compan, Of Fargo, comes to
you as one of these home organizations,
for your benefit as well as its own.
Recognized only last December it has
at once sprung into the front rank Of in
sunnce companies OF Dakota, and with a
piial OF slOo.oOO fully paid up, is worthy
OF and asks your patronage .ana support,
The management is composed Of the
very best financial and business men of
the Territory, and better than all. men of
large insurance ability and experience, and
they are determined that ''The Fargo"
shall deserve success, for It shall he earn
ed. Hoping then. dear reader. that you
will give this subject the careful consid-