New Ulm review., 1904-07-27
AN AMUSING COMPARISON
Things the Mutual Life Could do With
Its Wealth.

Some of our contemporaries are fond
of statistics and amuse themselves
showing what the assets of The Mutual
Life Insurance Company might do
under certain conditions. The Ameri-
can Underwater has made cOmpari-
son with the St. Louis Purchase Expo
sition. We quote:
We have a notion that if some of
The Mutual Life's big figures were
compared with big things which the
general public has seen, or can see, for
itself-for instance, with the biggest of
the big things which are in the public
eye just now, the St. Louis Exposition
the comparisons would really startle
the ordinary man who isn't handling,
Or figuring on, hundreds of millions
day in and day out.
The Louisiana Purchase, which the
Exposition commentaries, was made
in 1903, just forty years before The
Mutual Life commenced business, and
the territory then purchased now in
cludes fourteen States in whole or in
part. 1t does not require profession
al geographer, or an expert surveyor,
to figure out that this particular real
estate operation was a pretty large
one, especially as the United States
paid to France about Sl5, 900, 900 for its
concession. Well, big as was the
operation which the colossus of
W orld's Fairs at St Louis is now cele-
brating, it was a mere flea bite along
side Of the operations of that colossus
among life insurance companies, The
Mutual Life. In 1903, just one hund-
red years after the heLouisianaP Purchase,
The Mutual Life received in premiums
from its policy-holders more than
100000, ,0O0 and it's total income footed
up more than S77 100000, so that it
might have paid the entire cost of the
Louisiana Purchase four times over
out Of its premium income, or paid the
cost of the land which France ceded to
the United States and also paid spot
cash for every dollars worth of the
outlay on the Louisiana Purchase Ex-
position, and even then had ten or
twelve millions of its income in 1908
left in it's strong boxes.
Ifany further proof ofthe Company S
magnitude were needed, suppose its
assets were reduced to 81 bills, those
81 bills placed close together on a
level stretch Of land, and the space
covered by the 81 bills compared with
the land covered by the St. Louis Fair
At the end of 1908 The Mutual Life
had admitted assets of S4O1, ,821, ,661. .66
or, in other words. the equivalent o
4O1, ,S21, ,661 dollar bills, and assuming
every one of those 401, ,S21, ,66l dollar
bills to be of regulation size, the,
would cover space of more than q.
square miles, or l,4763 acres. Th
ST. Louis Exposition covers just !, "a
acres, and consequently if all its build
ings, and lakes and lagoons Wer
wiped out. the ground leveled, an
The Mutual Life's assests placed edg
to edge on that level ground, the
would cover every inch of space With
the Exposition enclosure, and abor
fifth as much additional space ou
! side the enclosure. Were the 401, ,S21
661 dollar bills stretched end to enc
instead of being spread out over tt
ground, they would reach 46, u mile
: or nearly twice around the globe, an
even were they changed into $40 bill
y there would be enough of them to cove
5 both rails on every mile of the 10.
miles of railway track between Ne
y York and St. Louis, and leave a tole
B ably comfortable fortune of more thu
y $4,000, 900 for other uses.
y This is all very amusing, but Il
B Mutual Life can do much better thu
carpeting ground with currency.
z puts it into the homes of the bereavt
and the desolate.
s This company is represented by
2 F. Redmann of this city, who will
& pleased to give any further inform
9 tion as to its desirable policies, co
= = tracts and the method Of doing bus
Il ness.
q ST NEVER KNEW PAINKILLER TO F'A
x x before, what can the matter be? Whe
Is is the bottle? There, [ thought so;
o is not Perry Davis Painkiller at a
Y Y but something the druggist must ha
~ ~ made himself and I did not notice