Rocky Ford enterprise., 1905-06-02
ROCKY FORD COLORADO. FRIDAY JUNE2 l9O5
INSURANCE MONEY
KEPT AT HOME
Remarkable Record of the Colorado
National Life.
SUPPORT A HOTTIE INSTITUTION
fIiiIions Of Investment Capital May
be Employed In Developing Col
oradO by This Means.

DC i.HipIoScu III pcNciopiHS Sot-
orado by This. Means.
Attention has frequently been called TO
remarkable business done by the Colora'
co National Life insurance. which Is pro-
baoly the youngest financial institution IN
the state having commenced business
within the past few months.
The question naturally arose. what are
the reasons for this SUCCESS? Why is this
company doing such a large business at
a time Of the year that is as rule. very
quiet in insurance circles.
The Management Of the company says
that It Is because tho average business
appreciates tho value Of any industry
which will keep its money at home. and
up to the time this company came into
existence the chief objection TO life insu-
renee in Colorado was that each and
every person who took out a policy realis-
ID that the money that he had 70 pay for
his premium was sent out Of tho state
and the rapidly increasing drain has be-
como so enormous that the figures arc
appalling TO tho man who hasn't given
the subject serious thought.
Millions Seat East.
investigation shows that since 1882
the enormous sum Of SIS. 900. 900 has
been paid to eastern companies by Colo
RADIO people for life insurance premiums
and that In tho same length Of time they
have only reeeivse back from those CON-
panies little over one-third Of this
amount. This leaves u balance Of over
e22. 900. 900 Of Colorado money In tho
cas-, To day. and this amount Is increasing
year by year.
Isn't Il about tirne this drain was stop
ped? |, is well known fact that tho
control OF largo sums Of money gives any
locality an enormous advantage over It's
ncighbors no, similarly favored. and for
rea, OF the aim Of every conservative busi-
ness community is to foster in It's midst
industries wk:eh roach out into other
fields and start tho trond Of money toward
homo. instead Of quietly looking on and
letting tho people send outside for things
that could Just rs well bc furnished at
home.
For Peoples Savings.
| There is no business in tho world that
Is as large factor in the accumulation
Of tho peoples savings as lifo insurance.
and this Is right, Il Is tho bounden duly Of
every man TO protect his loved ones and
his buisncso credit as well. but |. Is not
right that We should bc forced 10 send
away TO do tbs.
Cannot Colorado foster and support .
life insurance company tina. will give US
as safe protection and at tho Same time
as good returns on local monsy as any
other state? Il can. and for this reason
think Il the bounden duty OF ovoy citizen
| who has tho best interests Of tho state at
heart to boost tho now company in every
legitimate way.
The question OF state pride has been
al Life Insurance company it has obtain
cd in tho first few weeks Of its career.
Business mon and others who find
themselves loaded with insurance have
taken on an additional $4,000 with tho
home company their limit. by tho way
is $4,000 just to show their willingness
to boost the new company. Tho spirit
OF friendship displayed toward tho Colo
rado National has teen marked from the
first. All walks OF life have rallied to tho
agents in their rounds for business. All
have pleasant word and most Of them
check for policy.
This new company was u winner from
the start. Woodbe buyers OF insurance
were getting tired OF the daily scandals
Of the big companies East They felt
something was wrong about them and
when this home company came into the
field with Colorado men standing at the
back it. This accounts for tho won
dcrful success they have met with through
out the entire state.
To date this company has written al
most as much business in Colorado in
ten weeks as any OF the big companies
in the twelve months last year. As the
rate they have been going the Colorodo
National Life will write from S5,ooo,ooO
to S6,Ooo.OOo of business this year,
This shows that the time was ripe for a
Colorado insurance company. 1t is. by
the way. one Of the few states that could
not boast company heretofore.
The wisdom Of the move in starting
this company in Colorado and keeping
our money here will be shown when the
investments commence to be made in
our state, It will be seen then how easy
it is to erect skysCrapers at home Instead
of placing them on Broadway in New
York.
Orders for Stenographic and Type
Nt,FV