Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1915-12-10

letters have been coming to the home
Office, asking for particulars
"The Visitor was being printed when
the article reached US. but We stopped
the press long enough to say that the
Woodmen OF the World does carry
ss70 900 900 insurance, that 1t has
s26. 900 900 surplus in its treasury;
that our cash on hand at the pres
eHt time is practically million dol
lars. and were We to close up our Of
fees today, refuse 10 write any further
insurance and permit the insurance we
now have upon our books to mature it.
self. there would be deficiency. There
isn't life insurance society In exist
enee that could mature their claims
and not show deficiency because fra
ternaI benefit societies were never in
/ tended to be placed on the same basis
as old line life societies which must
maintain d reserve that when invested
+ at per cent will mature every claim
upon their books.
/ "Fraternal societies have been be-
trayed and an effort made to turn them
over. body and soul. bound and gag
ged. 10 their enemies, so they would
no longer be in position to furnish
low cost insurance to the great COM
mon people,
Under Mobile Act.
This was done by men supposed to
be representing fraternal benefit So
cities, they having enacted on the stat
ute books Of many states a law known
as the Mobile bill This Mobile bill
requires all fraternal benefit societies
TO show valuation on the National Fra
ternal Congress table Of rates and if
they fail to show this valuation they
are placed in the hands OF receiver
in the states in which this Mobile bill
is law, and slowly confined to a grave
from which there would be no resur-
, rection The high priced companies
could then go ahead and reap har-
vest. while the women and children OF
, the nation starved because a loving
, husband and father was unable to pay
, an exorbitant rate for their protection
'-fhe Woodmen Of the World start
ed in business without a reserve fund
In 1901 they amended their laws. pro
q viding for "a reasonable reserve and II
r. IA years accumulated the splendid sun
,. Of S26 100000 Over five million Of thi:
4 amount was saved during 1914 anC
1918. We are able now. as we have
= been in the past. and will be in tn,
future. to pay every maturing contrac
promptly cents on the dollar ans
4 erect a S10O monument at the grave o
: every deceased member. We are abll
10 meet the requirements of the Mobil,
= bill or any other bill now on the stat
ute books. so that the enemies Of thi
fraternal system are again disappoint
ed and never again will they be abb,
to hoodwink the legislators of the ma
ton and place upon the statue book
unfair and unfraternal laws governing
fraterual benefit societies There hai
: been an awakening among the peopl,
who love their homes and carry pro
< lection in behalf of their dependents
and legislators from now on will b.
asked many questions while conduct
: ing their election campaigns, regard
ing their attitude toward the grea
common people, whom Lincoln sal
God must have loved because he mad
so many Of them
"As an evidence of the confidence o
the great people in the Woodmen 0
the World, will say that we had re
corded 1856 new applications receive
during the first 81 days of November
We have got our fighting clothes o.
land We are going to fight until ever
obnoxious and unfraternal law now il
existence is repealed and the Wood
men of the World is permitted to ge
back on the old fraternal platform j
has stood upon during the past 2
years.
"Faternally yours.
), wv. A. FRASER,