The Tupelo journal., 1905-10-20
The editor Of this department has re-

,eived so many letters recently concern
ing the proposed Mississippi Life AS
ISOLATION that it is an impossibility to
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 r COM
ing in punches 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 envolve the plan.
| All that we desire is to organize a
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 cen 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
a policy in one of the old companies,
gave expression to the following.
81 think also that the State should
| take a hand in helping the organization
of such companies" referring to home
concerns. Life insurance is solely for
| the protection of widows and orphans,
and a State could not do better than as
| sist in the organization and supervision
of companies for perfecting 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 w~omanhOOd.
II think that every Southern mar
ought to cease ~patronizing these
| 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 WI
| 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 and enriching
the operators at the expense of the
laboring man. Every man who holds a
| policy of 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 transportation 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-
| ceived more than $4,000, 900 from the
concern on premiums and renewals.
| A number of State Insurance Commits
| sioners are arranging to begin a 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 or
| not, it is to the interest of our people to
arrange so that they will not have to
| 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. Ii we
| suspicion that any man connected with
it is not doing just as he should, lnves-
| tigate him and throw him out if it is
found that he is not doing his duty.
1t will be here in our W 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 for
| policies by those who favor the move
ment by January 1. If you are inter-
| ested, write for blanks and have your
| friends sign them and return to the
| editor of this department. 1t is a sub
| iect that should interest all loyal citi-
| zens who desire to see their State pros
per in the future by cutting loose from
the corrupt influences of Eastern money
changers.
After so many years Mississippi has
| a frst-class battleship to bear her name.
| The vessel was recently launched at
| Philadelphia, Senator Money repre-
| senting the governor, who could not be
| present on account of a press OF other
| duties. The State should do the proper
and usual thing by presenting the ship
| with a silver service that will be a
| credit to the commonwealth it repre-
sentS.
Memphis proposes a Tri-State Fair
| tofbe held each year in that city. While
| the project might be a very good n if
| properly carried out, it will be we'll to
go slow and investigate fully before 60
ing heartily into the scheme. Mem
phis is a centrally located point for such
an exhibition, and the proposition
might be made a success.
The survey for a branch of the Illi-
| nois Central to run from COrinth to
| Jasper, Ala, has been about completed,
and the people along the proposed route
are hopeful that work will be COM
menced shortly. The line will tap a
section of country in Mississippi that
has been without rail transportation.
| Itawamba county is one of the two coun-
| ties in the State at present without q
railroad, and this line will take IL out
| of that column. Leake, the other, is
promised a road which is to up
Pearl river from Jackson, and will be
built early next year. So it looks as il
there would be no county without .
road in less than eighteen months.
Mississippi needs men who are will
Ing to work and assist in developing
| the wonderful OF the State