The Minneapolis journal., 1905-11-18
Great Merchant Of Philadelphia
and New York Tells of the Mo-
tives that Made Him Invest in
Life Policies.
CONSIDERS TT THE BEST
FORM OF INVESTMENT
Says It Is Good for All It Cost
Him, Giving Him the Security
of Absolute Protection and Pos
sible Profit. <-5.ss
BY HERBERT vANDERhooF.

Wanamaker for his opinion on life insur-
ance ana it's value to the average busi-
ness man.
you about it," replied the merchant.
My friend called the next day.
"Wen,'' he said.
| Mr.. Wanamaker smiled.
| AT the time took out my first insur-
ance," he said, II worked out five conclu-
| sions as the result of my own thinking,
without any moving cause except my own
Il. That at that time I knew was in.
surable, and 1 could not be certain Of i'm
munity from accident or i'll health, and 1t
would not be insurable. That was the
first step to the building of sixty-two pol
icies.
| best forms Of investment, because from
| the moment it was made it was good for
all it cost. and carried with it a guaranty
that there was protection in that invest
ment that I could not get in any other
| 80. That life insurance In the long run
| was a saving fund that not only saved,
but took average care Of my deposits,
and took me in partnership into possible
profits, that not infrequently returned
principal and interest and profit.
a. That life insurance regarded from
the standpoint Of quick determination
was more profitable than any other in
vestment I could make.
away all he wished during his lifetime
and still make such an estate as he cared
to leave.'
! Food for Reflection.
My friend thanked Mr.. Wananaker
carefully noted down for future reference.
And in them lies food for thought for
the business man Of all walks Of life. Par
ticularly is this true OF the second and
! ,,>fh ni,,tS hxyt hier n
There come times in the career Of the
majority of business men when they find
themselves unable to obtain accommoda-
tion at the banks. no matter how unim-
peachable their business and personal
reputation may be. They are unable to
put up collateral, because their sole as
set is their business: They % are per perfectly ~,
lack the ready cash to meet bills that are
falling DUE and failure to meet which
means their ruin
The Part of Wisdom.
Then is the time when a few thousands
of dollars would carry them over the
rough places in safety and assure then
future independence.
If these men have been wise in thei'
days of easiness they have carried a life
insurance policy, which now becomes g
savior in their time of stress. With the
few, thousands which they are immedi
ately able to obtain upon it they are en-
abled to weather their financial storm, te
make prompt payment upon their bills a:
they fall due, and to maintain unimpairec
a, credit which it may have cost then
many years Of hard effort to establish.
The endowment forms ofapolicy, which
almost every life insurance company is
sues, and which mature in ten, fifteen o.
twenty years, as the assured elects. ar!
another feature Of the business -whic]
should commend itself with especial 1Orc'
to every young man.
There are few men who at some time o
other in their lives have not had the op
portunity offered them Of engaging il
some profitable business If they coul
command small capital. If they onl
had few thousands Of dollars to tax
advantage of these opportunities the Who'll
future course of their lives might hav
been changed, and independence, if not
fortune, assured them. For lack of thes
few thousands, however, they have bee
compelled to crawl along thru life as tn
dependents of others, and as age en-
croached upon theiF physical activitie
and mental powers to find themselves re
l.. duced to actual want or. at best. to :
/ ! lower earning capacity. 'r~. -