The Cordele dispatch. (Cordele, Ga.) 19??-1971, 1917-04-08
CAPITALIST OF new
ENGLAND ARE here
WHILE HERE ADVISE GOVERN
MENT THAT They HAVE THREE
MILLIONS FOR NATIONS USE
IN PRESENT INTERNATIONAL
.,cRisls.

Col Arnold A. Rand, vice president
and general counsel Of the John Han
cock Mutual Life Insurance company
Of Boston, Mass, Messrs. Aubin, Rob
inson and Smith, members Of the com
mittee of finance Of this company and
supervisors of mortgages, J. T. Hol
leman president, and w. L. Kemp
vice president Of the Southern Mort
gage company, of Atlanta, were in
Cordele Saturday. They made an au
tomobile trip over this section inves
tigating conditions confronting agri-
culture and inspecting securities on
which the life insurance company has
made leans to farmers.
Col Rand is an able lawyer and bus
mess philosopher and has conducted
the policy of the John Hancock Mu-
tual Life Insurance company for many
years, and although he does not look
it, he recently passed his S0th birth
day. He looks much younger, is Wig
orous and mentally active. Col. Rand
is the first of officers of American life
insurance companies to advocate the
lending of life insurance funds to the
southern farmers. This step was ia
ken 20 years ago, and since that time
through the combined efforts of Mr..
Hollerman, president Of the Southern
Mortgage company, and Col. Rand,
more than fifteen million dollars has
been placed at the disposal of south
Georgia farmers for development and
improvement of lands in this section.
While Col Rand was at the Suwanee
hotel he received telegram from a
rinember of the committee of finance
remaining in Boston, suggesting that
increased investments in farm mort
cages might not be wise at this time
since the government had 'ydeclared
war and would undoubtedly call upon
the company for funds. His reply to
this telegram was to advise the gov
eminent that his life insurance COM
pany rendered one million and had
two millions more, as evidence Of its
intention to stand back of the govern
ment in the present international
crisis.
Mr.. Aubin has also been engaged
in this work with Col. Rand, and for
thirty years has been an enthusiastic
believer in the growth, standard value
and general improvement of the south.
The same is true with Mr. Robinson,
who shows himself to be a keen OBJ
server and readily appreciates the
vast development taking place in the
south.
Mr.. Smith is a recent addition to the
committee of finance and prior to en-
gagement in this work was president
Of the Boston chamber Of commerce
and was solicited by large influences
to become a candidate for governor
OF the STATE OIL MdSSdClluS6LtS. no ID
a man of cosmopolitan ideas and ex-
pressed himself as being well pleased
with the various evidences of south
ern growth and development.
Messrs. Holleman and Kemp are
pioneer workers in the field of induc-
ing foreign capital to Georgia. They
represent an organization, which, has
been furnishing money for farm de-
velopment in this state for the past
forty years and they express them
selves as being much surprised to-
note the vast development undergone
by the city Of Cordele and vicinity
within the past few years.
The entire party is composed of bus
mess men of large calibre and it is
by no means insignificant that in pass
ng through the city and section they
have expressed the greatest faith in
the steady growth and expansion OF
the business community and farming
sAeton.