The Providence news. (Providence [R.I.]) 1891-1906, 1906-01-06


excess Of earning obtainable above tho
necessary cost OF subsistence When n
slave was purchased as an investment
he was examined in order that the state
OF his health and his muscular develop
ment might be known
These qualities in connection with his
age. his skill i'm any variety OF labor
and his disposition. determined the price
at which he seemed likely 10 be a profit
able investment A carpenter or black
smith was worth ~ per cent more. 9TH
~ things being equal. than an ordinary
Held hand. because while the cost OF his
support was no greater. the quality Of
his service was much more valuable
LIFE INSURANCE AND PUBLIC SER
VICE.
II will not be denied that certain per-
sons must aud should be supported at
the public expense but the fewer there
are or these the better will be the morals
as well as the finances OF the community 81
and life insurance IL continually reducing
this dependent class. 1t Is not the man
who lives TO old age. supports and edu-
Gates his children ana saves compel
ency. Who Contributes to the class who
arc applicants for public charity.
But the one who IL taken away while his
children are infants and who has not
had the time given him, no matter how
affectionate and thrifty he may me. TO
provide for their needs, Is a liberal con-
tributor 10 the membership OF the or
phan asylum and almshouse He may
avoid this danger by postponing mar
riage for such time as viii lenable him 10
accumulate a sufficient sum TO Insure the
comfort Of a family. but neither morality
nor the public welfare will he best served
by the establishment Of such a prlnci-
pie. There is but one way by whch
l..
intended him 10 take and that way IS
open 10 him through life insurance
is LIFE INSURANCE OVERDUE
The value OF human life lies at the
foundation OF every other property and
n fair computation could be made
OF &C. II would no doubt appear that its
sum total is greater than the amount of
all other possessions. The man who has
q building which is liable 10 be DESTROYED
by nre will not sleep well unless Il Is
covered by fire insurance. because its
loss will affect him personally, and be
comprehends very clearly that this cat
astrophe is liable TO happen at any time
He Is not so eager to protect his fam
lily. because. whether he knows and ac-
knowledges IL or not. the loss OF his valu-
able life Will not cause him personal
financial Inconvenience, so far as he
knows.
ne census OF lNts showed tnat there
were In the United States 26.lOoO00 chill
dren under 10 years or age. about 900.0 600
persons over 75>years OF age. and 1920. 900
married women between the ages of 10
and s.. The married men between % and
6S years OF age numbered more than r..
Co., BY far the greater part OF these
100000 children, married women and old
people. depended for their subsistence
upon these married men.
PROPERTY PROTECTED.
The life insurance companies doing
business in Connecticut had outstanding
at the close OF last year about s9,0ol. .Qo0
OF Insurance. and this included policies
on lives now beyond an insurable age and
those held for investment, so that the
actual amount carried by those who need
IL is much less.
The fire insurance companies doing
business I'm Connecticut I'm the same year
had outstanding insurance amounting TO
some S26. .000. 100000. These figures may not
prove much. but they indicate. | am sure.
some things that are worth consider
ing.
WILL PEOPLE SEEK LIFE INsUR-
ANCE
A man who has saved some money
will lnd his way to the savings bank
and place it where IL will earn something
and where he can get IL at any time
for his own use. II he has a building
ne will take the trouble TO have ~ in.
sured VIII nc insure his life OF his
own accord, even N he II convinced that
some life insurance company will carry
his risk al small expense ratio?
DISTRIBUTION AND SAFETY.
Can life Insurance be widely distribu-
ted with safety without agents?
Let us take another point. and assume
that AZ this time there was . life insur-
ancc company IN New York - consider
able size and strength. conducting it's
business on a low ratio of expense. but
without agents and let us assume that n
I man had heard about this company.
I thought about life insuraS ., decided that
/ he ought 10 have o.. communicated with
! the company. secured the necessary
\ blanks. hunted up physician. submitted
4 himself 20 an examination. forwarded the
papers 20 tho company. that they issued
the policy and he paid the premium Tie
/ had "a neighbor who knew OF tho large
sum which had been received by tho fam
! ily compared with the small amount OF
I the prcmium.
SOME OTHER QUESTIONS.
I md that / have asked a good many
I uusst1UHE- TTTn 0Uo OF WhIC6 from my
\ standpoint admits but one answer But
J at this time other questions are being
propounded which We should not overlook.
! aud which those who are interested IN
\ the welfare ~ humanity must answer m
We are 90 accomplish what all right mind
I "a men desire. and that is. justice and the
/ best good of all
Have some iife Insurance companies.
Continued on rage seven