The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-02
oscar Rein Awarded Second Honors
For Essay on Insurance Sub
Isct-WIiI Receive
$50,
$500 WAS DISTURBED
what Winner Has 10 Say Concerning
s'uses Of Old Line fnsurs
anee for tho
Farmer"

Henrv Rein Of this city. has Just
been notified that his son, Oscar HEN,
who Is a student OF agriculture q,
the state university, has been AWARD
"a the second prize for IN essay on
srThe uses OF Old Line Life Insur-
ance for rhe Farmer, IN q pr1ze es'
say contest conducted by the farm
extension department OF the w M
Homer agency OF Minneapolis, repre-
sAnrins the Provident Life and Trust
company OF Philadelphia The SUD
stantial gum OF $50 is the reward OF
merit Mr.. Rein viii receive Tor ms
prize essay.
Five hundred dollars in cash prizes
was distributed among contestants OF
the states of Minnesota, Iowa ana
South Dakota The contest was lot
bows and girls between the ages OF
ten and twenty-five. living on the
farm
ToIlowinE is Mr.. Rein's essay:
Uses Of Old Line Life Insurance for
tho Farmer.
The modern business man with
foresight carries enough life lnsur-
ance to cover all the obligations when
he necessarily tncurs in the transac-
IIOQ VI Ills DlS4ASoop 81 eAA<AS -
event OF his death, the business Will
remain unincumbered and ready to
be carried on profitably by his heirs.
The farmer is just as much a bust
ness man as those engaged in COM
mercial enterprises in the city, and
he should have just as good protec-
ton for his business, and just as good
provision for its continuation by the
heirs in case OF his death, as they
have.
That no one can take care OF a
mans business as efficiently as that
man can, and that no mind can carry
out a campaign as well as the mind
that planned it. are well known facts.
when a farmer dies and leaves his
farm in the hands of his widow and
children, the chances for their sue
cess are greatly decreased because
they are at disadvantage in having
an incomplete knowledge of the man
agement Of the business. They can
not handle 1t as well as the farmer
himself would. In a case Of this kind
a sum Of lie insurance will place the
business on firm foundation, or the
regular payments which may be ar
ranged for will serve to carry tie
business along safe margin until
the new operators become familiar
enough with its management to-
assistance.
The older farmer who owns his
land free OF incumbrance is partially
justified in thinking that he needs
no life insurance, but the young
farmer of today is in a different po-
sition. On account of increased land
value he must either rent or go into
debt in order to secure a farm. IN
der either circumstances his family
would be in very unfortunate posi-
ton indeed, il he were to die unin-
sured
Even though the farmer Is in the
best circumstances, policy Of the
old line type is a paying proposition
because the payments are small, and
according to the testimony Of many,
this money would not otherwise be
saved. Thus, these policies are real
ly clever devices for the saving of
capital as well az for the furnishing
of protection
Investigations also show that IN q
large per cent OF businesses the re-
turn for Investments are less than
from money invested in an endoE-
ment policy; that a greater profit is
realized by investing money n this
kind Of insurance than in many bust
mes enterprises. Insurance IL the
easiest possible way for & man 20
add to his estate; and the only way
which involves 10 risk
Therefore, regardless OF whether
the farmer rents his farm, owns It
free OF incumbrance, or has st mort
gagged, he will find old line life IN
surance a profitable Investment for
his capital while he lives, and ?
guarantee Of protection to MS loTe.
one IN case OF mis- death.