The Lexington advertiser., 1905-10-19

answer all of them and give the infor-
nation asked for. A gratifying in
terest is being shown all over the
State. Numbers of letters expressing
desire to take stock have been received
and applications for insurance are com
ing in lunches of ten to fifty.
The writer has no fixed plan to pro-
pose for organizing the company, more
than that it shall be upon lines recog-
niZed as just and equitable. A number
of the most prominent and reliable in
surance men in the State are enlisted
in the work and will cnvolyc the plan.
All that we desire is to organize q
company owned and managed by Mis-
sissippians, which will be under the di-
rect supervision of the State Insurance
Department, paying no enormous sal
aries and returning to policy holders
every cent that the premiums paid
earn. That's all.
Almost all of the present State Of
ficialS favor the movement and have
signed applications for policies Gov
ernor Vardaman has signed an appli-
cation and in refusing to longer pay on
policy in one of the old companies,
gave expression to the following.
II think also that the State should
take hand in helping the organization
of such companies" referring to home
concerns. Life insurance is solely for
the protection of widows and orphans,
and State could not do better than as-
sist in the organization and supervision
OF companies for perfccting this pro
lection, cheapening the rate Of in
surance and enabling those who would
be otherwise destitute, to educate their
children to the highest types of man
hood and womanh0od
II think that every Southern man
ought to cease patronizing these mon
ster Insurance trusts that are fattening
every day off the millions drained out
OF the South, and are using the very
money we contribute in strengthing the
clutch which they hold on the Republi-
can party and in maintaining the COM
mercial supremacy of the East, which
is pauperiZing the laboring classes of
the country. This money that we
Southern men pay in life insurance
premiums finds its way into Republican
campaign purses, and finds its way into
the gigantic financial swindles, con-
cocted in Wall Street, for manipulating
the markets of the world ana enriching
the operators at the expense of the
labOring man. Every man who holds a
policy CT insurance in these concerns
Is practically contributing money to a
fund which is used largely for pauper-
izing the South. -
+ This statement from the Governor
covers the situation pretty fully. Con-
tinued investigation is unearthing fraud
and misrepresentation of funds every
day. The Mutual is now on the grid
iron and is showing up equally as bad
as the Equitable and the New York
Life, One family of grafters have re-
concern on premiums and renewals.
A number of State Insurance Commits
sioners are arranging to begin cam
paign in the interest of the policy hold
ers in their respective States. 1t is
predicted that the agitation at present
being waged will be the entering wedge
that will eventually overthrow the
whole fabric of insurance and finance.
Whether this prediction comes true OF
not, it is to the interest of our people tc
arrange so that they will not have tC
pay tribute to this gang any longer
A life insurance company organized on
business principles and managed by
honest men can and will pay in Missis-
sippi as well as in New York. If We
suspicion that any man connected with
it is not doing just as he should, inves
tigate him and throw him out if it Is
found that he is not doing his duty
1t will be here in our own State where
we can and will control it, This We
can't do with the companies at pres
ent doing business here.
We want 1000 applications 70,
policies by those who favor the move
ment by January |. If you are inter
ested, write for blanks and have YOU
friends sign them and return to thu
editor of this department. 1t is sub
ject that should interest all loyal citi
zens who desire to see their State pros
per in the future by cutting loose iron
the corrupt influences of Eastern none
changers.
After SO many years Mississippi ha
first-class battleship to bear her name
The vessel was recently launched a
Philadelphia, Senator Money repre-
senting the governor, who could not b
present on account of a press of othe
duties. The State should do the prope
and usual thing by presenting the shi
with silver service that will be
credit to the commonwealth it repre-
sents.
Memphis proposes a Tri-State Fai
to be held each year in that city. Will
the project might be very good one
properly carried out, it will be we'll t
go slow and investigate fully before gt
ing heartily into the scheme. Men
phis is centrally located point for sue
an exhibition, and the propositio
might be made success.
The survey for branch of the Ill
nois Central to run from Corinth I
Jasper, Ala, has been about completed
and the people along the proposed rou,
are hopeful that work will be con
menced shortly. The line will tap
section of country in Mississippi tn,
has been without rail transportation
Itawamba county is one of the two coul
ties in the State at present without
railroad, and this line will take it OF
of that column. Leake, the other,
promised road which is to run
Pearl river from Jackson, and will /
built early next year. So it looks as
there would be no county without
road in less than eighteen months.
Mississippi needs men who are vii
ing to work and assist in deyelopin
the wonderful resources of the State
There seems to be healthy busine;
revival at Leland in spite Of the stri
quarantine. Cotton is being receives
,.aa 81, Il