Daily camera., 1897-05-31
United ModerEs.

Although this order was organized less
than two months ago, the record 1t has
already made is proof that it belongs to
the thrifty class and is destined to reach
a high position among such institutions.
Two lodges have been organized in Den
yer, and the third and fourth have ap-
plications of twenty-six and forty-tour
respectively, to become charter mem
bers. Lodges have been organized at
Pueblo, Victor, Cripple Creek, Anaconda,
Las Animas, independence, Goldfeld
and Fort Collins and petitions are re-
ported as in circulation for forming
| lodges in various other towns.
This order differs from others in its
plan of business and has won favorable
comments from the press, some of which
review the plan and prospects of the
order at some length. The insurance
counsellor of New York in part says:
mir. E. M. Johnson, managing vice
president and attorney for the Fidelity
Savings association of Denver, is the su-
preme chancellor. Messrs. E. M. Elliott
and w. L. S,owers,of Denver and form
erly field managers of the Fidelity Saw
ngs association, are the chief depart
| ment organizers, and DR.. G.. N. Macon
Der has been appointed supreme medical
examiner, Mr.. E. S. Irish, assistant cash
ler of the Denver National bank, is the
supreme finanCier."
All collections from assessments, less
| the amount required for the expenses OF
| management, are placed in the bene-
fciary and guarantee fund and can only
| be used for the payment of approved
death losses. Should this fund aCCumu-
late beyond what is necessary, 1t may be
used to lower the assessment rate, or
what is its equivalent to pay one whole
assessment. We have carefully studied
| the literature of the Moderns and con.
| sldering the advantages which 1t will de
rive from the lodge system in the way OF
securing business, and in keeping down
: expenses, we believe that It Is destined
to become one of the largest beneficiary
| orders in the United States"
The Fraternal Monitor of Rochester,
in its May issue, In Its criticism, says:
"The United Moderns is the name of a
new fraternal organization recently
launched from Denver, Colorado. This
name is suggestive in that 1t indicates
that its organizers have departed from
the be, ten paths of primitive fraternal
Insurance and have given due consider
! alton TO the Obligations to be assumed.
| Il will operate under the natural prem
lum system with the rates equated 10
avoid an increase as the members grow
older An ample reserve will be created
| for this purpose. The advantage OF this
reserve or emergency accumulation, as
| illustrated in the literature of the United
| Moderns, is that each man can help the
older man to avoid an increased cost by
him elf providing for his future when he
shall have become old. At this time,
| when some of the most prominent fra
ternal organizations are agitating the
question of changing their plans to meet
the inevitable increase in cost attendant
upon advancing years, 1t is gratifying to
find new organization entering the field
with plan providing for the future up
on a reasonable and safe basis instead of
attempting to trade upon the idea of un-
due cheapness during the early years Of
its history"
The literature of the United Moderns
is at once a demonstration of the ability
of its organizers to clearly present its
plans to the public in most convincing
and attractive manner. 1t is well fitted
for the work it has undertaken to per
form and the Monitor forecasts sue
cessful and useful career"
The concensus of opinion among the
high officials of fraternal orders has for
years been drifting toward conservatism
ana reasonable reserve as provided by
the Moderns, but many of the old orders
have passed the time when reserve
could be accumulated.
The officers of the United Moderns
possess the courage of their convictions
and have arranged their plan in line with
the best thought of the day; its literature
is of the most convincing and that the
plan is appreciated as one of merit is
evidenced by the progress it has made.
Doct