St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-11-26
HOME COMPANIES"

n OOMMON club used by Western life insurance
"A companies to break the heads of Eastern COM
2ettorS is the cry OF Support your home companies
People are besought not to faten strange corpora
lOnS which do nothing for Them and have no inter-
est in their welfare, but patronze the companies of
their own 'secton; just should buy his
goods OF his tOwnsmen if he can get them as good
and as cheap This sounds SO reasonable that many
never pick it to pieces to what it is made of.
III tile first PLACE, a0,bat is q "h0ne c0rb01uti0n2
The very concerns that make handle of the term do
not mean one located in a mans own town. county or
even state! They mean only, one somewhere within
a thousand miles of the corner of the United States
the customer lives in. Could anything be more
meaning less ridiculous? "The West" or The
Northwest IS convenient enough grouping forcer-
tain purposes; but used social DIVISION with unitv
OF interest to be fought for against the rest of the
country 1t is crafty absurd. Wherein is citizen of
Minnesota any more interested in building up COM
pany in Chicago than in Hartford? wherein is it any
more his ''hOme company? or Dakota man a Min
nesota company? Nay, more in what way is Wichita,
say, concerned IN fattenlng an insurance company in
Kansas City? There is not even the slight reason
that helps fill the State treasury for foreign cor
poratlons are always bled much more heavily for such
purposes. If a company is hundred miles off, it
might as well be three thousand SO far its being
''hOme institution is concerned.
Aud secondly, tile real lone c0nvbauy is The one
a0hf0 loans its money, SPENDS its money! bays its
money! i'll 1'Our midst: which buys and stocks YOUR
farms, builds your farm houses and railroads and
market Centers enables those centers to provide
themselves with schools and water and sanitation
and transportation, organizes and maintains banks
tor the accommodation of your business men, keeps
your whole machine running with its captain
short makes life possible in all those sections. The
Iraaee1S does all this, and is consequently far more
truly home company to the West and Northwest
than any company started there for it pays in
losses and invests in such ways above more than
all OF them together. From Kansas to Minnesota
IN all the section west of the Mississippi Hartford
loans have been and are by far the most important
factor in developing and carrying the business of
life.
Ne claim tile eood-7OiW ofa 'Aome cOmbauy" in
every State ofMe West-om Plain b,1nclbles of reel
b'0city II nothing else. Western loan agents pervade
Hartford beseechng its companies to buy their bonds
to build up the West and without such buying the
first place, and could not exist Surely such an
obligation is mutual. When the bonds can all be
sold at home it will be time place all the insurance
at home. We claim that should be aided, if any,
because welfare the welfare of every mans
community; that we should not be injured because
our loss is the loss Of every mans community But
we do not base our claims on such grounds alone.
We wish people to take policies because it is for
their direct interest to do So because we can give
them better goods than anybody else because we
offer them absolute security low price as such
security can be guaranteed variety of forms and
ease of payment suited to every man exgences and
every mans purse. rs III every otAer Business, men
Should 'buj tie best"