Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1897-12-18

bers of the A. O. U. w. want the Or
der to thrive and prosper upon pres
ent plan. How can it best be donePi
The National Fraternal Congress
after years of study by an able COM
n1ittee decided that. there Were only
two plans open to assessment assoc1a-
! tiops-the step rate or a reserve plan.
The, committee appointed by the Su-
preme Council of the Royal Arcanum
decided after two years of exhaust
i've study that there were only two
1 plans-the step rate or reserve
plan. The Beneficial Commission ap-
pointed by the Supreme Lodge A. Q.
u. w, after one years careful study,
and the most exhaustive research
| ever given by any similar body OF
men, came to the same conclusion.
1t was found that the A. Q, U. w, in
its separate Jurisdiction feature and
Relief Law, already Possessed the
machinery to put in operation com
bination of the two plans. 1t will be,
well to, explain the system adopted
by the A. o. U, w. The step or ad-
vancing rate ADVANCES to the, mem
ber as he advances in. age and adds
liability to the society and is in lieu
of reserve. Owing to the low NOR
tality among members from Fl to IS,
the step rate is the most economical
and feasible up to that point, but if
the rate is carried beyond the age 55
and the member taxed in proportion
to the mortuary rate incident to his
advancing age the rate becomes ex-
cessive, burdensom and prohibitory,
and the result is a freeze-out, The
A. O., u. w. stops the raise at age so
and the rate to the member becomes
level after that age is reached with
| twelve assessments as the outside
limit of cost in any one year. The
number of assessments may beeless,
but cannot be, more. for the death
losses in the Jurisdiction OF which
he is member. 1t is conceded that
the, rates are ample to pay all death
losses which occur, among members
under the age of 55, also, that the
payments by members who are over
the age of IS are not sufficient to
meet the death losses occurring from
among the members above that age.
The deficiency is met in two ways,
by loading the rates of all members
below the age SIS, twenty per cent,
and then if this profit is not sufficient,
with twelve assessments, it is met
through the Relief Law by an assess
ment upon the whole membership.
A member while in the younger ages
pays slightly more than the actual
cost of his age, but after he passes
the age of IS, much less than cost
which equalizes his payments and
assures him cheap protection from
the time of entering until death
After sufficient time elapses to fur
nish reliable experience of the work
ings of the plan, if it is found the Re
lief Law is not adequate to meet the
deficiency likely to occur from
among the members over SIS by an
nual assessments, a limited reserve
can be created, thus combining the
best features of the step rate ano
reserve systems.
Such in brief is the plan OF the A
0. u. w. 1t does not change the
fundamental principles of the found
ers of the Order-protection to the
home at current cost-and will be
found to be the, cheapest manner pos
sible to carry protection. The nee
essary income to, meet maturing liza
bilities increasing as the liabilities
increase without increasing the mum
Der of .assessmentso or cost cthe pub
lie after maturity is reached by thu
society. Thus the Order is alwayl
within reach of the public and abl'
to meet all competitors.
While the cost is not excessive t
any one at any time but few realiz
the extent to which the income vii
have Increased from the same mem
bership in the fifteenth year on
basis of nine assessments, If applied