The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-12-22
THREE HOME INSTITUTIONS.

are able to claim for THE HERALD building
the headquarters of three home lnstltu-
lions that are among the solid and substan-
tial, as well as progressive, concerns OF
Utah. These are Zion's Benefit Building
society, the Home Fire and Home Life In
surance companies. All have for their
officers men who are substantially ldentl-
fed with the permanent growth OF the city
and who are laboriug for the material ad-
vancement OF the same.
It is not our intention in this article to
say much of the two insurance companies,
further than to remark that they are on
solid foundation and are meeting with de-
served success in their operations. The
Home Fire has been in existence
little over three years and
has had steady growth of business. We
are informed that its receipts in November,
1889. were so per cent. more than in 1883.
Nolmore need be said to show the esteem
in which the company is held by the lnsur-
ing public and also to demonstrate the fact
that the people generally fully appreciate
the wisdom of protection for their prop
erty.
The Home Life has been in business less
than a year and is meeting with fair sue
cess, although there are many who do not
appreciate the necessity of making provls-
ion for their loved ones in case OF an accl-
dent. or to provide against want for them
selves in old age, when the day OF strength
and the ability to labor has passed.
Life insurance in the eastern states is as
popular, if not more so, as fire insurance,
and no doubt the same state OF AFFAIRS
will exist here within a few years
It is mainly to speak of the good work &C
complished by Zion's Benefit Building So
CITY that this article is written. There are
hundreds of pleasant and happy homes IN
our fair city that would never have been
but for the aid which has been extended
to their owners by the society named. HE
HERALD has ever been on hand to extend
its support to all the institutions which
have been established to build up the city
or territory. The man, the men and the
corporations that make solid and lasting
| improvements in our city are those we es-
TEEN and for whom we wish success. But
we have no desire to see success, financial
or political, come to those who are here for
the sole purpose of realizing" Those VINO
wish to make profit out OF the permanent
resident, by purchasing his real estate,
sbooming' it to the skies, then selling, and
with his profits in his pockets
seek for other pastures green, ;"
are those that we hope to see
disappointed. We desire unbounded sue
cess to attend such institutions as Zion's
Benefit Building society whose objects are
to encourage the beneficial habit OF saving
among its members, and to aid them IN
securing homes. 1t would be difficult to
find two more. praiseworthy objects upon
which to found an association. Tnere
are scores of young men in the city VINO
for wears previous to the organization OF
this society were in the habit of spending
all their weekly or monthly income, who
are to day the possessors OF few hundred
dollars and some of them have even thou
sands of the society's stock. They have
lived Just as well and they have not missed,
in the least degree, the little sums that
have from month to month found their
way into the treasury of the society.
There is nothing that will inspire young
man more than to appreciate the fact that
there is a chance for him to get along IN
the world, and he will never awaken to a
full realization of the fact that he can sue
coed, and that it's he who must make the
opportunity to succeed, until he has taken
the first step to save something, which is
really the starting point to success.
| Habits grow upon US, whether they be
for good or for evil, and there can be no
more beneficial habit for individuals or
communities than that of saving. Individ-
nails or people who grow wealthy in day
or year are, as rule, given to careless
ness in the investment of their means, and
as general thing they adopt the methods
of the gambler, and not those of the solid,
substantial business man. The returns
from manufacturing and other similar in
situations are altogether too slow for
them. Their policy is make or break"
one. AS rule the people look upon those
things which have been hard to secure as
of greater value than those obtained with
out an effort, and it is for this reason
that person or community
that have scored wealth as
competency from the fruits of industry and
labor are almost sure to make wise and a
proper use of their funds.
Any society which has for its object the
teaching and encouraging of its members to
save money can always count upon the
warmest words of praise and most hearty
support from THE HERALD. 1t is because
we know that the residents of city whose
ideas of progress are founded on the 'make
or break policy are not the ones to secure
and maintain peace and prosperity that
THE HERALD is opposed to the success,
politically, of that class in our city, and it
is because we know that the associations
and societies which foster saving and the
erection of homes are benefactors to the
community, that we have words of praise
for such institutions as lions Benefit
Building society. 1t is because we realize
that the triumph of the reckless rule-or-
ruin party would nullify the work of the
building association by making it impossi-
Bile, through system of exorbitant taxa
ton and extravagant expenditure of public
money, for the poor man to retain the home
that he has been assisted to, that we oppose
that party and are doing our utmost to
bring upon it defeat.
TIE HERALD says success to societies