The Montgomery advertiser., 1908-06-08
Ig POLICIES
 PAID IN STATE eneficiaries of Life h. 4 surance Receive Much STATISTICS OF MONEY PAID The Insurance Press Publishes
 Figures of Business. Montgomery Leads Alabama Cities in Totals of Claims Paid-Restrie-
 ave Legislation Discussed
 in Trade Paper.
STATISTICS OF MONEY PAID

According to the statistics of The h. surance Press, published in New York. benefciaries of life insurance policies in Alabama received during the year 1907, $s,7sl.4s6. The total for the United States, The Insurance Press reports was $s51,11s.5s2, and the total for Canada was SIPS, 100000.
 The statistics for Alabama present Interesting features, particularly in the statements of the amounts of some of the largest amounts paid to beneficia- ries.
 Tn Brewton, for example, Stewart J Foshee's beneficiaries received $54,3l6; and there were several other policies of the amount or s20,000 or more.
 Mobiles residents received the larg- est amount from the insurance com panies: it's total being s377.04s; Mont gonery was second with a total oi sas6.672. Birmingham was third in the list with s2s2.543; Selma was fourth in the list with $7s,lo1, and Brewton nth. with s7s.31e.
 Following is a list of payments of tlp.000 or more in Alabama:
 s2l.
 Boligse-Ezra E. Bouchelle, $22.50o. Brewton--Etewart J. Foshee, s54.31s. Cclumbiana--Wilds s. DuBose, $20.- e00.
 A&&L8kQI--NAAA . 1Onus H1bto9os N1oI acc A. Seelye, $IO,231.
 Ensley--Frederick E. Kraft, $1o,000, Earmedale--J. H. Minge, $20.50O.
 Elorence--Henry H. Thoele, $1O.0 900 Greensboro-Mathhew H. Murphy, sas.000.
 areenyiIle-w. M. Flowers. s1o.ooo. Earris-C. H. Bishop, $2o.o41.
 Azohile--Alex. McGowin, Jr., s20.000; Thomas O. Moore $16.600.
 Montgomery--Charles P. Jones, $16,- 900: David P. West, $12,S72.
 Selma--Charles l.. Rodenburg, $1o,- o00s Philip Schulhofer, $13,019; George L. Waller, 912,101.
 Troy--Alfred H. Rainer, $1s,7sS.
 Union Springs--Abram Miles, $10,ooO The Insurance Press makes the state- ment that the amount of claims paid in 1907 was not greatly increased over the amount paid in 1906. because of re- strlctive iegtsla ation that followed re- form agitation. The effect must be continued during several years. II cannot be ignored, not even passed over lightly, for the facts are that in the past two years life insurance com panies have been restricted, by legisla- tion and by the weakening of conn, dence through agitation in providing Drotecti0n-protectio absolutely need ed, if anything in this world would b. needed by those dependent on other for support.
 New ordinary and industrial insur ance, Issued by about 150 companies il 1907 having been about SAYS. .000, 900 les than that issued by about 110 com panies in 1905, the claims presented for payments were not what they nigh have been.
 Families or estates were thereby deprived of millions of dollars of in, surance money. The loss is indicated by the fact that fifty life insuranct companies in the United States ana Canada, reporting to The Insurance Press, paid in 1906 $4.64s.9s9 on 2.20! policies for ordinary insurance held bS persons who died within one year after Issuance of the policies.
 s.The comparatively small increase of the insurance in force throughoui the country at the close of 1907 indi sated also the effect of restrictive leg tslation, although many companiei began business last year.
 s'The financial disturbance in tn, three closing months of the year haC some effect undoubtedly on the new business, but nothing like that of re strictive legislation.
 ''The financial disturbance, in anoth e respect. had an effect that was greate than anything of the kind in the his tory of life insurance. The increas Of the loans on policies by thirty-sevel companies, reporting to the New Yorl department, was $72,5S7,325, as com pared with the increase of $27,279,s2t for forty-three companies in 1906.
 "Although an element of danger in period of financial panic. loaning O policies was maintained, and 1t wa