davidaulloa/AmericanStories huggingface dataset:
The Detroit times., 1911-04-22

companies are doing an increasing
proportion OF the Michigan business
each year, but they are not yet receiv-
ing their proper share of this business.
The policies issued by the Michigan
companies contain the. standard pro-
visions required by the statutes OF
the State OF Michigan for the purpose
OF safeguarding the interests OF pol
icy holders and each policy form pro-
posed 10 be issued by the companies
must be filed with the commissioners
OF insurance at Lansing so that he
may disapprove OF any form that Is
not satisfactory before q policy 10
actually issued. The Michigan COM
panies are subject TO frequent exam
nations at the hands OF the Michi-
gan department OF insurance which
keeps in close touch with their oper-
alton. The companies are required
by the Michigan statutes 10 maintain
and accumulate a reserve sufficient Tn
eventually mature each policy and
this reserve must be accounted for
periodically. In addition TO the re-
serve each company Is required TO
place a deposit OF securities of the
kind stipulated by law with the state
of policyholders over and above the
reserve. This policy reserve is some
times called the reinsurance reserve
for II IN sufficient, especially when
fortified by the statutory deposit with
the state treasurer, to enable the
business of company. In case Its
operations are unsuccessful. TO be re-
insured In another company and the
interests OF the policyholders be thus
abundantly protected without loss TO
them or the impairment OF the value
of their policy contracts In anyway.
This especial protection afforded by
the reserve is one OF the main feature
OF the strength and almost absolute
security of old-line legal reserve life
insurance.
In considering the value Of homo
companies TO a community one can
not do better than quote the words OF
Hon. James V. Barry. until recently
commissioner of insurance for Michi-
gan, who during his ten years or
office In that position established an
unique reputation as a keen student
Of the varied problems which arise
In connection with the business OF In
surance. Mr.. Barry raised the Mich
igan insurance department TO a high
standard OF efficiency so as to render
the people OF this state under perman-
ent obligations TO him. Speaking be-
fore the National Association Of Life
Underwriters in Detroit last Septem-
Der, he spoke In reference to home
companies as follows:
II have no quarrel with new COM
panies. On the contrary I believe that
II properly organized and managed,
they accomplish much good 1t would,
In my Judgment, be best for all con-
eerned II there were 10 be established
in every state one or more good, solid
substantial companies operated along
safe and sane lines by men skilled In
the business.
These local companies would do
much in the way of educating the peo-
pie as TO the soundness and benefi-
cence Of life insurance as an institu-
ton and creating healthy and in
telligent public sentiment which
would serve to protect the business
from ill-considered and burdensome
exactions which are too often the re-
suit Of feeling on the part of techni-
The Detroit times., 1911-04-22

cality uniformed and unthinking leg
islators that they are dealing 'Hth
some far away, hostile interest which
constantly draws money from the
state without giving anything In re-
turn. When you have in each
state companies whose operations can
be observed and studied at close
range, whose business affairs are d.
rected by reputable citizens OF these
states, and whose investments are
largely within their respective states,
the attitude OF the public as re-
flected by the law making power Will
be materially changed. AS rule 10
Is those states In which there are no
such local interests that run riot In
the way OF harassing and burdensome
legislation.
Aside from the protection to the
business generally thus Afforded the
activities OF these local companies
would result In a constantly increas-
ing number OF people educated to a
knowledge OF the benefits OF life IN
surance and consequently in a con-
stantly enlarging field Of promising
prospects.
lust as the work Of the fraternal
beneficiary societies has educated the
people OF the rural communities, vii
lagos and smaller cities OF the coun-
try, so, believe, does the work OF the
growing number OF new legal reserve
companies make the education more
thorough and widespread and thus
adds recruits to the growing ranks of
those citizens who deem II their duty
to protect those dependent upon them
with contracts OF life insurance that
are actually correct and financially
sound.
From every standpoint, therefore,
I believe in encouraging the organiza-
ton OF proper methods of new COM
panies which are TO be conducted
along proper lines by men familiar
with the various branches OF the busi-
ness of life insurance"
The Detroit times., 1911-04-22
MARINE INSURANCE BRISK.
Detroit Important Center Because o.
Shipping Interests.

Detroit Important Center Because Of
Shipping Interests.
That Detroit should be an I'M
portant center for marine insurance
might easily be inferred from the
magnitude OF the shipping interests
or the city OF the straits. Detroit
companies have been writing insur-
ance upon the lake marine practically
since the freight OF the great lakes
was taken from the birchbark canoes
and batteaux fiotilla into the hands OF
the old sailing masters.
In the days of the old sailing craft
marine insurance was far more of a
speculation than II Is today, for the
storms OF those days were just es
violent and disastrous to shipping
that happened to be caught in their
clutches as are the hurricanes that
sweep the lakes In the present days.
The difference In the risks of the ear
ly days OF marine insurance in Detroit
and the risks OF the present CORE
spond to the differences In stanchness
and seaworthiness between huge
modern steel freighter and the little
old sailing craft that once carried the
trade Of the great lakes.
Marine insurance In Detroit has
grown up with the growth OF traffic
on the lakes. There has been n
steady increase In the tonnage insur-
ed and in the revenue that comes into
the city from this source. The in
creased precautions that have made
the lakes safer-channel lights, charts
and life-saving stations and the safe
ty appliances which government regu-
lations have made part of the equip
ment OF every vessel-have mado a
scientific business OF marine insur.
ance out of a mere gambling on the
average state of the weather and tho
good fortune OF the sailors during the
shipping season.
There are still losses on the lakes,
however, losses that for the most
part cannot be prevented by any pre-
cautionary regulations, and these are
the sort OF losses upon which Detroit
marine insurance companies are pro-
tecting vessel-owners all along the
lakes.
The expansion OF the business In
Detroit has been commensurate with
the marvellous growth in lake traffic
during this period, and with the Ill
creasing development OF the upper
peninsula OF Michigan Il can be read.
lily prophesied that the marine insur-
ance interests OF Detroit will share
in the future prosperity OF lake ship
ping as they have In the past.
The Detroit times., 1911-04-22

as a business necessity: II Is one OF
the important things scrutinized IL
examinations to establish credit or liz
the TRANSACTION OF any deal involving
property, that any tendency toward
unbusinesslike methods would be i'm
mediately discovered.
The fire insurance business In De-
troit is growing and will continue to
grow with the development OF the
city as a financial center. More and
more capital will be employed In II as
the attention OF financiers 10 turned
from Industrial expansion to the less
hazardous forms OF investment The
records OF Detroit fire insurance COM
panies during the past ten years have
been satisfactory; they have kept pace
with the development OF the city, but
during the next ten years they should
feel the real effects OF the growth OF
the city In financial Importance and
we may expect a much larger proper
tionate growth In these lines than We
have seen in the past ten years.
The Detroit times., 1911-04-22

life companies OF other states issued
$50, 797, 043 OF insurance in the state
OF Michigan, while Michigan com
panies issued only s4.043.2SS OF In
surance In Michigan. At the end OF
1909. companies OF other states had
In force in the state OF Michigan
S2s4, ABS, 1877 of insurance as compared
with $15.4S1,2 95, which Michigan COM
panies had In force in the state OF
Michigan. During 1909. the citizens
of this state RENTED TO the nome
Offices OF companies located In other
states, S9,604,674 In premiums on IRE
insurance while the Michigan COM
NAMES received but S4S4.654 In pre-
miums from Michigan citizens. me
above figures do not INCLUDE INDUS
trial insurance, all or which was
transacted by outside companies.
AS compared with the above. IL
may be cited that during the year
1905 Connecticut life companies wrote
s4lO1.l9 OF insurance on the lives
Of citizens of Connecticut, and re-
ceived I'm premiums from the citizens
OF that state $1,42l,462, whereas the
Connecticut companies wrote outside
of Connecticut, $91, 13S.134 OF insur-
ance and received from the citizens
OF other states, $27, 513.193 In pre-
miums.
The city Of Hartford. Connecticut.
with little more than one-ffth the
population of Detroit. has as many
banks capitalized for as large an
amount as those OF Detroit. The
greater development proportionately
OF the financial institutions OF Hart
ford is due to the insurance COM
panies located at Hartford.
The people OF Michigan should
realize that insurance institutions are
large factors In the financial develop
ment OF any locality, and that there
is no reason why Michigan should not
develop her own great financial In
situations and make Michigan one OF
the financial centers Of the country.
In order to accomplish this, the citi-
zens OF Michigan should purchase
their insurance In Michigan COM
panies in every way possible.
Prior TO 1907, there was but one
Michigan life insurance company. a
company which began business In
1867. This company In 1906 wrote
$1,075,163 OF insurance on the lives
OF Michigan citizens, and had in force
on the lives OF Michigan citizens at
the end OF the year $9,3S0,229. The
amount of premiums paid during the
year was $330,429.
During 1907 two new legal reserve
life insurance companies were organ
ICED in Michigan. and the amount of
insurance written by the three Mich
igan companies on Michigan citizens
during 1907 increased to $3.440, $50.
and the amount OF insurance In force
increased to 81 ,1S1 sos, and by the
end OF 1909, this was increased to
$15.4S1,295.
During 1910 another legal reserve
company began business, making four
Michigan Life Companies In all. These
four companies during 1910 wrote In
Michigan $6,011, 264 OF new insurance.
had In force on Michigan citizens
nearly s19,000,000 OF insurance or
about double the amount OF insurance
In force at the end of 1906, four years
earlier.
1t is thus seen that the Michigan
The Detroit times., 1911-04-22
LIFE INSURANCE IS
IN SCIENTIFIC
PERIOD
with Formative and Development
Stages Over, Advantage Is Now
Being Taken Of Lessons and
Experiences Of the Past.
Authority Points Out That Home
Companies Are Of Immense Advan-
tage To Community.
BY FRANKLIN 3. MEAD.
(Actuary and Secretary OF the Mlehl'
uan state Life Insurance Coz

(Actuary and Secretary OF the Mlehl-
uan state Life Insurance Coz
Az someone has aptly expressed 1t.
the period beginning with the early
fort,es (when tho first life companies
An Apnerica, which have since attained
prominence, were established) and
ending about 1870, may be called the
formative period of life insurance;
that from 1870 to 1905, when the
amount OF life insurance in force ex-
banded from two billion dollars to
ten billion dollars. may be called the
nevelopmental period; and that period
npon which we have just entered may
be called the scientific period. during
which advantage will be taken OF the
lessons and experience Of the past to
more nearly approach the ideals or
the best life insurance practice.
The disclosures during the Arm
strong Investigation In New York. in
reference to certain of some OF the
DUCT duu ihE6 CI Coupauico, uONSiOPOo
trend OF public opinion favorable
TO the establishment Of local life in
surance companies and awakened the
people to the possibility Of the up
building OF sound and successful in
stitutions at home. This was further
made possible by the highly scientific
plane to which life Insurance has been
raised as wen as by the fact that the
business receives the most careful su.
pervision on the part OF the state in.
surance departments. Consequently,
there is bright future for local com.
panies, carefully and conservatively
managed by men trained and expert.
enced in the work which they have to
perform.
During 1909. according to the Mich
igan insurance report (the complete
figures OF 1910 are not yet available)
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1911-07-29
SYNOPSIS.

Mad" Dan Maitland, on reaching his
New York bachelor club met an attrac-
live young woman at the door, Janitor
O'Hagan assured him no one had been
within that day. Dan discovered a wom-
ans finger prints in dust on his DESK
along with a letter from his attorney
Maitland dined with Bannerman, his at
torney. Dan set out for Greenfields. to
get his family jewels. During his walk
70 the country seat he met the young
woman in gray whom he had seen leav-
ing his bachelors club Her auto had
broken down. He fixed II. BY a ruse she
"lost' him. Maitland on reaching home
surprised lady in gray, cracking the safe
containing his gems. She, apparently,
took him for a well-known crook, Daniel
Anisty Half-hypnotzed. Maitland opened
his sal took therefrom the Jewels, and
gave them to her. first forming a part
nership in crime The real Dan Anisty,
sought by police of the world, appeared
On the same mission. Maitland overcame
him. He met the girl outside the house
and they sped on to New York in her au-
10. He had the Jewels and she promised
TO meet him that day. Maitland received
mr.. Snaith," introducing himself as a
detective. To shield the girl in gray,
Maitland. about to show him the jew
els, supposedly lost. was felled by blow
from "Snaith's" cane. The latter proved
10 be Anisty himself and he secured the
gems. Anisty, who was Maitlands dou-
Die, masqueraded as the latter. The
criminal kept Maitland's engagement with
the girl in gray
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1911-07-29

level and be himself Dan Anisty,
Handsome DAN" the professional, the
fit mate for the girl.
What was she saying?
But you have lunched Already"
with an appealing pout.
Indeed, moi" he protested, earnest
ly. 81 was early-conceive my eager
nessl-and by i'll chance a friend of
mine insisted upon lunching with me.
l had only cup of coffee and a roll"
He motioned to the waiter, calling
him "Waiterl" rather than "Garcon!"
-intuitively understanding that Matt
land would never have aired his
French in a public place, and that
he could not afford the least slip be-
fore a woman as keen as this.
Lay a clean cloth and bring the
bill of fare" he demanded, tempering
his lordly instincts and adding the
please" that men of Maitlands stamp
use to interiors.
"a friend!" tardily echoed the girl
when the servant was gone.
He laughed lightly, determined to
be frank. "a detective, in point of
fact" said he. And he enjoyed her sur
prise.
you have many such?"
For convenience one tries to have
one in each city"
And this-?"
ooh, have him fixed, all right. He
ccnfided to me all the latest develop
ments and official intentions with re-
gard to the Maitland arrest"
Her eyes danced. Tell mel" she
demanded, imperious; the emphasis of
intimacy irresistible as she bent for
ward, forearms on the cloth, slim
white hands clasped with tense i'm
patience, eyes seeking his.
why of course Maitland
escaped"
mol"
Fact. Scared the butler into IN
gagging him; then, in a fit of pardon
able rage. knocked that fool down and
dashed out of the window-presum-
ably in pursuit of us. Up to a late
hour he hadn't returned, and police
opinion is divided as to whether Matt
land arrested Anisty, and Anisty got
away, or vice versa"
Excellent" She clasped her hands
noiselessly, a gay little gesture.
$50, whatever the outcome, one thing
is certain: Higgins will presently be
seeking another BERTH"
She lifted her brows prettily. "Hig-
gins?"-with the rising infection.
THE butler. Didn't you hear-?"
Eyes wondering, she moved her head
slowly from side to side. Hear what?"
81 fancied that you had waited a
moment on the. veranda," he finessed.
ooh, l was quite too frightened"
He took this for a complete denial
Better and betterl He had actually
feared she had eavesdropped, how
ever warrantably; and Maitland's
authoritative way with the servants
had been too convincingly natural to
have deceived a woman of her keen
wits.
There followed lull while Anisty
WAS ordering the luncheon; something
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1911-07-29
CHAPTER vIl.-contlnued.

1t was very plain-to a deductive
feasoner-from the girls attitude to-
ward him that she had fallen into re-
lations of uncommon friendliness with
this Maitland. young as Anisty be-
lieved their acquaintance to be. There
had plainly been a irtation-where-
In lay the explanation of Maitland's
forbearance; he had been fascinated
by the woman, had not hesitated to
take Anisty's name (even as Anisty
was then taking his) in order to pro-
long their intimacy.
So much the better Turn about
was still fair play. Maitland had sown
as Anisty; the real Anisty would reap
the harvest. Pretty women interested
him deeply, though he saw little enough
OF them. partly through motives of
prudence, partly because Of a refine
ment of taste; women of the class of
this conquest-by-proxy were out of
reach of the enemy of society. That
is, under ordinary circumstances. This
one, on the contrary, was not; what
ever she was or had been, however
be, her cultivation and breeding were
as apparent as her beauty; and quite
as attractive.
A criminal is necessarily first a gam
bier. a votary of Chance; and the
blind goddess had always been very
kind to Mr.. Anisty. He felt that here
again she was favoring him. Maitland
he had eliminated from this girls life;
Maitland had failed to keep his en-
gagement, and so would never again
be called upon to play the part Of
burglar with her interest for incentive
and guerdon. Anisty himself could
take up where Maitland had left off.
Easily enough. The difficulties were
Insignificant; he had only to play up
to Maitland's standard for a while, to
be Maitland with all that gentleman's
advantages, educational and social,
then gradually drop back to his own
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1911-07-29
New Illuminating system.

A new system of illumination is Or
fered by the discovery of Prof. Blau
Of Germany, which is a liquid illum-
mating gas to be delivered at the
houses of customers at regular periods
in much the same manner as coal oil
and other commodities are delivered a.
the present time. A 22-pound cylin
der OF gas is sufficient to supply a
50-candle power light for four months
If used four hours day. The means
of connection between the burner and
the reservoir is through a fine tube
no thicker than an electric usht wire
and Just as flexible.
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1911-07-29

OH above Moscow's simmer
ing minarets and the nine
domed cathedral Of st. Basil
circle the crows. For a time
they perch on caves and win
The Birmingham age-herald., 1911-10-15

DEROSIER WINS FINAL EVENT
 IN THE MOTORCYCLE RACES

Jake DeRosier. champion motorcyclist of the world, captured the 25 mile motorcycle race at the Alabama State Fair yesterday afternoon, winning over Arthur Mitchell by less than 100 yards.
 The race was close and exciting, the two classy riders keeping well to- gether during the long race The close ness of the finish furnished the 15.000 spectators with thrill and the riders were wildly eheered as they passed and repassed the grandstand.
 The motorcycle meet has been one of the most successful ever pulled off in tho south and attracted the best riders in the country. Barring the ac- cident to the local favorite, Bob Stubbs, the races furnished fine sport and next to the aviation features had the closest attention of the large crowds that daily witnessed the races.
 The entrants were: Jake DeRoser Excelsior; Ed Hasha, Indian; W. V. Miller, Flying Merkel; Charles Fear less Bake, Excelsior; Porter Cham bless, Thor; Arthur Mitchell, Thor.
 Nine big races were pulled off dur ing the 10 days of the fair with the following results:
The Birmingham age-herald., 1911-10-15
BASEBALL FEELING

Chicago. October 1i.-Ralph Kreitz (White Sox) here for the first game in the city series between the National and American League teams, told last night how it feels to bat in the winning run in the last half of the ninth inning, when two were out
 Kreltz said; "I never was so tickled fin my life. I feel like someone had given me million dollars to spend. When l came to bat in the ninth with one run needed to win and Brown on the mound was trifie nervous. I have been read ing about the ability of Brown for some- time. He gave me couple of curves and then put fast one over. It looked good and l swung The ball went safe and We won the game. There are few things that would have pleased me more than getting that hit at that time.'
The Birmingham age-herald., 1911-10-15
COTTRLEUX HAS DEVELOPED A
 NIFTY BUNCH AT HIGH SCHOOL
By REUBE \ A. LEWIS

who played end last year. in every man ner except speed. Poe was the swift est man on the team of last year in q broken field, but was not as elusive az Stephenson. Stephenson is one of the seasons finds.
 At center on last years team Neville rlayed an excellent game and was the star punter. This year bowman and Victorine are playing this position, They compare favorably with him, Victorine has not been in any of the contests this year, being i'll, but he IS reported to be player of merit
 Antwine at guard, outclasses Green of 1910 in every manner He out weighs him, is d better player on the defensive and offensive than Green was and seems to have better judg- ment and foresight. Weir at the other position is a splendid player, and has demonstrated his ability this year. Robinson played that position. last year. | L. Barker played full on the team of 1910. He was a good all around pig skin warrior and was a good line ] bucker This year Robinson has sup planted him. In weight, speed and judgment the odds are about even. Robinson has shown up well this year, having made several long runs and, in holding the line, has been very sue cessful.
 In the comparison of the tackles the odds are even, Holcombe outclassing either Tate or Tribble, while either of these outclass the other tackle on last years team-Chapman.
 Lathem. at right end. has developed into one of the gamest of the players on the team and is swift sprinter. During the last two games lis and Stephensons ends have been invincible and they have shown up splendidly on the offensive.
 At quarter Wingo of 1910 outclasses this years men. He was one of the stars of last season.
 By this comparison may be seen the comparative strength of the two teams.
The Birmingham age-herald., 1911-10-15
GEORGIA TECHS WIN

Atlanta. October 1.-The Georgia Tech football team defeated the Uni versity of Tennessee here this after noon 24 to Q. scoring 12 points in the first quarter and F in the fourth. The feature of the game was 75 yard run through a broken field for q touchdown by Cook, right halfback for the Tech team.
 Summary: Touchdowns, Patterson 8, Cook I; goals from touchdown, Pat terson 1.
 Referee, Blake, Vanderbilt; umpire, Dr. Mooney, Mooney; field judge, Me Call. Cornell; head linesman, pr Stroud, Mercer.
 Substitutes: Tech, Cooley, Alexander. Thomson, Hutton, Fielder; Tennessee, Mcclure, Donelson, Luckett.