Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1899-03-04
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Cheapness "a Weak ness.

TO some, cheapness appears to be
the great desideratum in securing
protection for the family, ignoring
the fact that cheapness is not al
ways Synonymous with safety. The
most reliable society Is not always
the one which furnishes the lowest
priced rates "f insurance. II is
stated upon good authority, that the
cost of life protection is as well
known as the cost of cotton cloth.
This being the fact, any beneficial
Order which processes to furnish to
its members insurance at loss than
this known co.i, is guilty If fraud,
or is grossly igu' rant of "a funda
mental fact, a fact upon which its
safety and stamlIrv cano"t I'e Sc
cured The existence of that Order
whose aim is to secure members bv
charging cheap rates, is short; its
downfall certain, aud with ruin it
brings disappointment to hundreds,
if not thousands of men who blind
ly trusted to the false glitter Of
cheapness Many members of such
societies, after the Order in which
they trusted has bpcoun bankrupt,
that they are unnbIe I" join any
other organization, owing to
changed physical conditions. The
folly of getting something for moth
ing is always alluring. 1t appeals
to the speculative instincts which
always need curbing, and the in
diligence of which invariably leads
to ruin. If any organization offers
protection at less than cost, it is
furnishing such pr, lection at the
expense Of its future membership.
Violation of safe business methods
always bring shipwreck. Disregard
of the laws of mortality, and the
relation it bears to the cost of in-
surance, is as rule, overlooked by
fraternal beneficial societies for the
first few years of their existence,
until the increased rate of mortality,
and consequent increased assess
ments, compel them to pause and
ask where they are drifting, and
what the remedy is. AS they in
vestigate they find that they have
ignored laws, the observance OF
which are necessary to their per
petui,y. Unwise competition of
some Orders, which wish to increase
their membership, no matter how,
or at what expense, does great in
Jury to all beneficial societies. 1t
would seem that the great aim OF
all fraternal bodies should be to in
sure perrnanency, but many subor-
dinate permanency to mushroom
growth, obtainable only 10y charg-
ing rates below the older Orders,
and which rates are entirey y in
to give safe insurance,
The result is that in a few years
these Orders must increase the
number of their assessments SO as
to pay their death losses, or go to
the wall Should the well-being of
ones dependents be confided to any
society that engages to furnish pro
lection at less than cost? There can
be, there is but one answer to this
question. The A. 0. u. w. has
adopted plan that approves itself
to the brightest minds in beneficial
organizations. It is a plan made to
pay its own death losses, plus 20
per cent to help the old man over
so years of age; thus. putting all
men over the age of 80 years on a
level plan for the rest of their lives
Come, brethren, examine the plan
of your own Order; inform your
self that you nay be prepared to
Give a ssreason for the faith that is