The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1905-10-21

ing Gne proposed MISSISSIPPI Lille A
ISOLATION that it is an 1mpOssibility t,
answer all of them and give the infor
nation asked for. A gratifying in
terest is being shown all over tn
State. Numbers of letters expressin.
q desire to take stock have been received
and applications for insurance are com
ing in punches of ten to fifty.
The writer has no fixed plan to pro
pose for organizing the company, NOR
than that it shall be upon lines recOg
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
company owned and managed by Mis-
s~lsslpplans, which will be under the di
rect supervision of the State Insurance
Department, paying nc normo sal
aries and returning to policy holder:
every cent that the premiums paid
earn. That's all.
Almost all of the present State Of
hclalS favor the movement and have
signed applications for policies. Gov.
crnOr Vardaman has signed an appli.
cation and in refusing to longer pay Oh
a policy in n of the old companies,
gave expression to the following.
Il 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 womanhOod.
Il 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 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 q
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 g~rafters 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
will eventually overthrow the
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.
. 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-
found that he is not doing his duty.
r. will no hora IN ~, MY Sfa<1 xrIono
a and will control it. This we
do with the companies at pres
ent doing business here.
We want 1900 applications for
by those who favor the move
nent by January l. If you are inter-
ested, write for blanks and have your
sign them and return to the !
editor of this department.. 1t is a sub
iect that should interest all loyal citi-
.enS who desire to see their State pros
per in the future by cutting loose from
he corrupt influences of Eastern money
changers.
After so many years Mississippi has
first-class battleship to bear her name.
The vessel was recently launched at
Philadelphia, Senator Money repre-
the governor. who could not be
on account of q press of other
luties. The State should do the proper
md usual thing by presenting the ship
With q silver service hat will be a
;redit to the commonwealth it repre-
Memphis proposes a Tri-State Fair
o be held each year in that city. While
he project might be a very good one if
properly carried out, it will be we'll to
% slow and investigate fully before GO
ng heartily into the scheme. Mem
his is a centrally located point for such
exhibition, and the proposition
be made q success.
The survey for a branch of the Illi-
yois Central to run from COrinth to
asper, Ala, has been about completed,
nd the people along the proposed route
hopeful that work will be COM
lenced shortly. The line will tap a
ection of country in Mississippi that
as been without rail transportation.
tawamba county is one of the two coun-
les in the State at present without a
abroad, and this line will take it out
f hat column. Leake, thu other, is
a road which is to run up
D---y $780, -