Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-12
CAPITALIZE LIFE,
Says DR.. HUEbNER
U. Of P. Professor Urges That
Insurance Be Made CompuI-
sorry by State Law
ExP0UNDS RADICAL VIEWS

Capitalization Of the human family,
and conduct of the family on the basis
OF business.
Devotion of the ono sixth Of every
mans income to some form of life in
surance, to be made compulsory by the
state.
Extension of the theory Of cOrpor
alton finance beyond tangible assets to
human life.
Educating the masses to turn over
their savings to big business concerns
for Investment.
These were some of the radical
thoughts expressed today by DR.. Solo
mon s. Hucbner, professor of insurance
end commerce at the University OF
Pennsylvania. in an address before the
national convention of building owners
and managers, at the Bellevue Strat
ford Hotel
Radical With Conservative Purpose
''If these things are radical, then
they comprise a radicaism that has for
Its ultimate purpose sanr conScrva
tism and progressive stability, said
Doctor Huebner
III no OtuPT country ~ lI'I' 10 ~
found so much improvidoncc and riotous
living as in America. he declared. lie
placed large part of the blame for this
situation upon the schools and colleges.
where he said. there are too many
high sounding subjects in the curricu-
lum crowding out some of the essential
things the future citizens will need when
they get out of school.
Attacks Wild Cat Business
Doctor Huebncr attacked fake invest
ment schemes and wild cat business
ventures, which contribute to poverty
and desttution.
1--WE used to say in this country that
there was sucker born every minute
he remarked. To-day there's one born
every second As a result. property is .
passing to the few who do know Tn"
principles of thrift from the many who
do not know"
Possession of property. said nuctc, T.
Huebner. makes for conservatism al y
sancness. while lack of ownership makes /,
for radicaism and n destructive SPIRIT .
capitalization 'of the value of u
human life. he declared. is Il sacred |
duty. 'The man who knows the value !
of life insurance and does not take this .
kISans of protecting his legal dependents |
Ssainst his death does not die when .
Providence calls him-hp ubsconds. he .
said
Unrest of labor. said the speaker. !
has brought about the greatest crisis |
in the annals of history. Men of cool |
heads and sane minds must discount |
the future and take the lead to II so
luton. Doctor Hucbner said that. |.
while it could be approached from va
rious angles. he would approach it by |
the application of the principle Of life
insurance to society.
Doctor Huebner said that when it is
n fact that two thirds of the Amcri-
can families would be left dependent in
the event of the premature death of the |
producing head discomfort is not to he ,
wondered at. I'VE must learn to capi- |
talize brain and blood and human on
ergy and see to it that the value of
human life is conserved by every pos
sible means" he declared. "Thp pres
ent generation must be endowed with /.
the means with which to prcpar" the
way for the next generation
uONeTnnlent insurance
Doctor Hucbner announced he was
not in favor of government insurance
In times of peace, but believes that lcgiS-
lation should be enacted making it com
pulsory for every producer to carry
minimum amount of insurance with n
company of his own choosing.
A human life. he said. has three
values, namely: Its relation to the
family, its relation to a business, and
its relation to an institution. lie urged
that every one of these values be in
sured against loss from premature death.
THE family" he said, 'must be
viewed like business, for the average
mans first and most important bust
ness is his family. 1t should be con-
Quoted like a business, and protected
against bankruptcy
Value of human life to business has
dawned on employers. Doctor IIucbuer .
said. They have learned that hiring .
and firing is an internal nuisance, and
that it pays to hold labor, and to be .
humane" he added. The successful
business man of the near future casts
aside many of the old views. discounts .
the future, and, as respects his en-
ployes, becomes a happiness engineer
as we'll as an efficiency engineer" "