Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1911-12-21
ARGUES FOR ARBITRATION
Canadian Tells Insurance Men
They Should Se for Il.
Points out the Fewer Their Huge
Funds Gise Fhem and Their inter.
Get In Preventing War-Tsiis
Of EnorinoC. NVusSagc

International arbitration, Insurance
wastaGe. n demand for better work from
existing boards OF health, and a recon-
mendation for an interstate train service
of health lectures ana exhibits, were the
subjects of tine addresses delivered at
meeting Of the Association of Life insur-
ancc Presidents. who are holding their
attn annual convention in New York,
says the Post. The speakers were Dr.
j. a. Macdonald managing editor Of
the Toronto Globe William A. Day. presi-
dent OF the Equitable Life Assistance So
cicty; Or. Luther II. Gulick. director OF
tho department OF child hygiene Of the
Russell Sage foundation, and Dr. Oscar
bowling president of the Louisiana State
board of health.
"On this continent" said Or. MacDon-
aid, two nations of the speaking
family live now and have lived for a hun
dred years in a fraternity which is the
model and inspiration for all other ma
tons of the world. On neither side Of an
international boundary OF nearly 4upD
miles is there a fort or battleship. Be
cause of this freedom from menace there
has been freedom from war. What now
needs to be done is to abolish not only
the fact but the fear OF war. To do that
is the purpose of the treaty of arhitra-
tlor now pending before the Senate at
Washington. As President Taft says.
that treaty OF arbitration between the
mother country and thu United States
would make war impossible, and put even
the thought of war forever out Of the
question.
with the proposed Anglo-American
treaty stands a similar treaty of arbitra-
ton between the United States and
France. We're these treaties ratified and
made the law between these three great
world-nowers other treaties would follow.
It IS given to the United states at this
moment to blaze the way for all other
nations.
FINANCES CONTROL OVER WAR.
IN the war councils OF the nations
money speaks with final authority Was
ii not one of the chief New York 0nan-
! cieiS vino said that q hours OF the Nene-
zuea war-scaro meant a loss of two bill
! lion dollars? What happened only the
other day when war talk waXed nigh and
hot between Germany and Britain" Who
| called a halt? Sir Edward Grey. or
Lloyd George. or the German chancellor?
/ Mott was the omnipotent House Of
| Finance.
BE that as it may, certain II is that
! for You who hold In trust the vast funds
OF life insurance companies, peace means
prosperity, and even the rumor of war
means disturbance ana loss. War any
where endangers securities everywhere.
not only for the honor and the civili2a-
tion of America, but f0r the sake of your
own great trust-the Insurance invest
ments OF your millions of poicvholders-
international arbitration claims your vote.
/ But to you an argument other and
moro appealing than the financial must
come home. You and all your companies
are deeply Interested in the physical and
moral Improvement of all the people.
Every influence making for the deteriOra-
/ tion Of the race is inimical to life insur-
ance business The spread of disease, the
multiplication Of the unfit. AMI whatso-
ever lowers the vitality or tends to physi-
cal and moral degeneration are forces
working against the very interests which
YOU are banded together to conserve and
TO promote.
: Have you seriously considered the re-
feX influence of war on the physical life
and moral progress of the nation Esti-
mate the inevitable results of killing off
In battle or by disease your men Of high
courage and devotion, or OF scgregatinG
in military camps tens OF thousands Of
the tit specimens OF your young manhood
Judge what it means 10 breed new gem
Grafton from less than the best Of jat
geeration that went before
Now that our people are taking an inn
tcrest in tho conservation OF our material
resources" said Day II believe they can
be interested in the conservation OF life
insurance. which is universally recog-
ntzed as an economic resource OF highest
value. The average policyholder while
rightfully demanding tho highest degree
Of efficiency and economy in the manage
ment of his own company, seems to feel
that his duty and responsibility end with
i the payment of his premium. Satisfied
with the soundness of his company he
puts his policy away. and the subject OF
life insurance drops from his mind.
ANNUAL WASTE or N,pNoe,
As result OF this Indifference and
lack of personal attachment and loyalty
to their companies, the policyholders
! themselves are directly responsible for a
large proportions of a waste which agBre-
gates easily 500 OONoO00 annually. Wewant
poicyholderS TO know of the waste that
results from the abuse OF the policy loan
| prvilege-that by borrowing S35'cDWu
on their policies they have reduced their
families protection and neutralized tho
! very purpose OF their insurance to tha'
extent, aud thai they are expanding