The great West. [volume] (St. Paul, Minn.) 1889-18??, 1889-10-18

figures show how in this matter alone
the farmers have been robbed.
In this State the Hail Insurance
Department has been established
about two months, but in that time it
has made rapid Roadway and has
done a large business.
Great Saving by Alliance Hail Insurance.
On the 18th inst, a meeting of the
Board of Managers of the Alliance
Cyclone and Hail Insurance Company
was held at Austin, to look over the
books of the company. Although
the company had started to work
late in the spring, and labored under
the doubts and suspicious which at
tach to all new enterprises, neverthe-
less it's able officers, especially Geo.
w. Sprague, President, and Hon. J.
J. Furlong, Secretary, had pushed
the matter so vigorously that the
company had insured 81, 900 acres
against hail, and has taken in, in
cash and notes, about 49, 900. On
looking over the list of losses, it was
found that all losses and expenses,
and the latter were especially heavy,
this being the first year of organiza-
tion-could be paid by assessing the
parties insured fifteen cents an acre.
They had paid, or agreed to pay,
twenty-five cents an acre, but we were
able to remit to them ten cents out
of the twenty-five on each acre! This
we regard as splendid showing.
Look at the contrast!
The old line companies charged
from 40 to so cents. Let us call it
on the average Scots. If those 81,
900 acres, insured by the Alliance
Hail Insurance Company, had been
insured by the old line companies, it
would have cost the farmers who
owned the land $4,000. In the
Alliance Company it cost them but
$3,6OO-oR A SAVING OF $23, 400.
But this is nothing. Next year the
Alliance company will insure many
hundreds of thousands of acres. At
the same rates it will save the farmers
vast sum of money. This money
remains in their hands to pay debts
to buy the comforts and luxuries
OF life. 1t sticks in their pockets in
stead of going to swell the bank &C
count OF men in New York, Boston
and St. Paul.
LIFE INSURANCE.
There is a very cheap and effective
form of life insurance which is enjoy
ed by our brethren of the cities. tits
very simple in it's construction: One
thousand men-be they Free Masons,
Odd Fellows, Druids, bankers or any
thing else-for the system is common
to all these organizations being
men OF good health, put in, say, one
dollar and ten cents each. This gives
q fund of one thousand one hundred
dollars. This money is placed in
bank. The heirs of the first man OF
the thousand that dies takes that
thousand dollars the one hundred
dollars goes to pay expenses. Then
another thousand dollarsis raised by
calling on each member for one dollar
and ten cents more; and this fund is
laid aside to wait for TIE next man
that dies. This system has been
tried in the case of hundreds OF com
panies, and it furnishes life insurance
at about one-fourth, or one-fifth, oil
what the old line companies will
charge. Why? Because there are
no officers with 10000 or $4,000 q
year salaries; no magnificent Offices
no lordly piles OF buildings to be
erected out of the profits. Statistics
show that the farmer lives ten years
longer, on the average, than men en-
gagged in pursuits which deprive then
of pure air and sunshine. Why
should the healthier class pay for thu
others?
No man needs life insurance more
than the farmer. He is generally il
debt. To the farmer, with a mort
gage on his farm, it will assuage thu
agonies of death to think that hi
life insurance money will save thu
homestead; and prevent the wife anc
little ones being, like Burns mouse:
"Turned out of house and hold,
To thole the winters sleety dribblt
And racking cold"
1t is the purpose of the Alliance te
push the Life Insurance Department
vigorously this winter. Geo. w
Sprague, the able President of thu
State Alliance, proposes to make {
thorough canvass of the State, visit
ing nearly every county, holding
meetings., organizing alliances, an(
appointing agents to canvass for in
Surance.
FIRE INSURANCE.
That which has been done in tn
Hail Insurance business can also b
accomplished in Fire Insurance:-tha
is to say, perfectly good insuranc
can be furnished for great deal les
than the usual charges; and tn
difference left in the pockets of tn