The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1908-11-14

StAtt ldS "A larger DIDIpI Nlinl VI III
surancc, considering the past hand.
leap OF territorial condition, than
has New Mexico. Recognizing the
early coming oi statehood, mos, II
the great insurance bodies are al.
ready established in the territory,
and others ale looking this way
with an anxious eye, lot they realize
that there Is something here worth
while both III tra,ernal and old line
work.
Few people realize to what magni.
tude the blessing OF iraternal in.
uranc has grown IN this country
oi ours. At the beginning ui too
the beneficiary societies had 5, Sb7,.
30, benefit and $50, 90 social mem.
beers, making a total ot 5,947, go
members. Atthat time the number
of local lodges was o5,So2. Vt the
beginning OF this year they had s,
yot,7o5 benefit and $4,000 social
members, making a total Of y, 600.
-o7. The lodges numbered foo,.
AS. There was net increase dur.
ing the year OF 47S,o25 members
and 1871 lodges.
The insurance m force AT the
beginning OF 1907 was S-,o5I,b2I,
l-8. At the beginning oi 1908 1t
was S7,355,b2S,oih. During 100
Sz,,476,oSo was paid out on bcnc.
hts vi one sort and another. The
total income OF the societies was
Si4,27I,I36, and the total dishurSe-
Hicnts 500, 234,SIo,
These are large figures, and "S'
pecially interesting a. showing how
~traternal insuraEc" has LAID mold
upon the American people, SIN
million people noW belonging L.
some one OF the iratcrniti",. tits
also especially interesting since
the entrance into New Mexico Of
the Modern Wuodmcn OF America,
the largest OF all the societies.
This fraternity kept out ot the
territory until this year, when en-
thusiastic members from IN" old
"A secured its admission, ard
organization is rapidly progressing,
especially in the PccoS Valley,
which wa the sea Of the hrst lodge
organized. The Modern Wood.
men is one OF the most striking
Illustration OF iratcrnal insurance,
and the world has not known It's
like in marvclos growth. Organiz.
ed twenty-five years ago last IAN
uary in Iowa, it has spread all over
the United States, except INTO
states that are recognized as un-
healthy, and it now has a member
ship oil over one million, being by
far the largest secret society IN
existence in America. II has IN
in force oil over two billion
dollars, and has paid TO IT'S bene'
hciaries since organization the
stupendous suIr OF seventy millions
OF dollars. 1t is hard TO realize
such an amount, and equally hard
10 estimate the blessing us DIS
hursement has been to the great
mass OF the American people, who
have been able under its influence
TO be protected in m Assure
against the calling away OF ITS
breadwinners. There are over a
hundred thousand homes IN tn,
United States that have been pur'
chased with the proceeds OF Wood
men policies, and three hundret
thousand children have been giver
the right start in lite from the sam,
source.
The plan OF the Woodmen, ant
for that matter ot essentially All o
the ~iraternal insurance bodies, 4
along the same line. They ar
maintained 10y assessments upon II
members, graded according TO az
al the time vi Joining. for eN
ample let me quot. a lew figures }
monthly cost TO men car yIns
thousand dollar policy. The hgut
as always remain the same as tn
time OF Joining, and a not eScee'
n assessment per month, at IN
figures named:
Age rs 10 2S..'.,.,.''Ao cent
Age 5o...,.....'''''''"A 'e"'
Age 35,',''''''''''''i9 No"'
Age 10. ..,..,,,,,''''9o GEM
Age S....'..'..' o."
SO that the cost OF a thousan
dollars insurance TO a man Of !
years OF age is sra wear, with
general average OF So a year &c
local lodge dues, making a total
sI4 a year Tor insurance that is
safe as the United States trcasur!
This is only a little over u dollar
month, less than a days pay IL
the most humble laborer. The po
icies run from $500 to $1,000 an
in addition TO their protection, Il
holder is entitled to whatever sc