Semi-weekly herald., 1907-11-04

Charlton. Ia. whose cashier, f. r.
Crocker, committed suicide rather
than face impending trouble. Before
killing himself Cashier Crocker I'D.
dressed a note to Examiner Bostwick.
whose visit was expected. This note
briefly explained that the bank hau
overioaned and requested the examin.
er to take immediate charge
Denver, Nov. The reckless disre-
gard OF human lie. animated by some
automobile drivers. claimed another
Victim this morning. Otto Wichens.
a young man, who works in the Globe
smelter was struck by a speeding au
tomobile at the corner of l.arimer and
| Twenty-sixth streets. and seriously In
ured. A few minutes later NJ. b.
| Fleecher an automobile dealer. was
arrested by Sergeant Sturgis and 20.
! liceman Mcintosh and locked up in the
city jail on the charge OF reckless
driving He was released OH boad
Washington. Nov. Ito recover
| parcels of real estate given by two
grateful governments to George Wash
ington about 100 years ago, worth at
the present time hundreds of millions
OF dollars. is the object of proceed
| ines started formally yesterday by the
| heirs-at.law of the father OF his cuun-
\ try After an Interval of nearly a
| century In the circuit court of Fair
fax county, Virginia, the Washington
estate has been opened by the appoint
ment of an administrator for the nm
| distributed assets. The appointment
was made upon the application o,
Lawrence Washington and S. w
Washington, heirs.atlaw of George
Washington
Telluride, Nov. 1.-Wm. c. Burgess.
a miner who has been In the camp
and employed tat the Silver pick mine
for about three weeks, was compelled
to quit work -and come to town yes.
terday owing 10 the altitude being too
high for HIM He secured lodgings
at the Mcpherson house During the
h'Sh' hS otFahpttu W 'nu ms me
with a 20 canber pistol the ball en-.
terlng the neck. The wound IS no
considered dangerous.
Boston. Ncr. l.--With the design of
benefiting wage earners. an act be-
lieved by many of its advocates TO be
the most Important single measure
passed by the Legislature OF any state
this year becomes effective today BY
the enactment Of This measure, which
has been taken advantage of by many
savings banks. the Massachusetts leg
islature has accomplished novel
thing, at least so far as the western
world is concerned, in permitting t.
establishment Of new type of life
insurance.
of the Bay state who wants protec-
tion for his family through one OF
the policies of the type known as
''lndustrlal"- Is. whose premiums
are payable at frequent intervals
will be able to exercise choice.
Henceforth there will be competition
between two different life Insurance
systems. The workiDgman may, on
the one hand. yield to the blandish-
ments Of an agent to take out policy
in one of the insurance companies
which do an Industrial business ami
which Will keep collector perpetual
~ on his heels, to gather the premiums
as they fall due. He may. on the
other hand. go to a savings and in
surance bank-a new title in Massa-
chusetts, as II is in the entire coul-
try-and arrange TO take out life in
surance not exceeding $500 with the
understanding that he Is voluntarily
to pay his premiums once month
without the urging of collector. He
may also buy there an annuity of "A
value not to exceed 800. II he has an
account at the savings department of
the bank he may arrange to have his
premiums paid from that automatical-
ly. as they fall due.
One of the greatest advantages
claimed for the new system of say
ings insurance is. of course. It's cheap
ness The expense of sandbagging
people into insuring their lives and
of collecting the premiums by a house
to house canvass causes this form OF
protection to the wage Garner TO cost
from two to eight times as much AZ
his wealthier neighbor has to pay for
ordinary life insurance. There Is, AS
suredly. familiar argument to the
effect that the average individual win
not buy life Insurance policy un-
less he is talked into It by an agent.
Some people. however. believe that a
large enough proportion Of American
laborIng men are Industrious thrifty
and far-seeing enough to 10 the thing
| they ought without being eternally
Dagged about it.
| It is generally admitted that Massa-
chusetts is a particularly good state
to try out" this scheme Of savings
insurance, since there are few. II any.
states which place AZ many safe