The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1922-08-25
Fnncisaeo- ,7ss -

doubled the general average Of 1851
for the entire country Singularly.
Detroit, which might be regarded
as the incubator O. the American
automobile, reported a death rate
per million population of only 1852
OF the total traffic" fatalities,
which include street railways, steam
railways and all otner vehicles,
the automobile contributed almost
seventy per cent. The fatality rate
on street railways and steam rail
ways showed an apreciable reduc-
ton during the year 1921. -
The remarkable development Of
the automobile in the commercial
and social life of the Nation is re-
fected in the depressing fact that
it exacts toll of one human life
every half hour
Three Billions a Year Paid as In
suranee Premiums
The American wage Garner pays
nearly 1920 year for his insurance.
The aggregate premium paid in
1921 for tae principal forms of in
surance-life, fire, casualty, marine,
automobile, LIABILITY, etc. mas been
carefully calculates to be in excess
OF $3.000, 000, 900.
A per capita insurance expendi-
ture based upon a total population Of
ITO ,000, 900 in the United States is
lmanifestiy incorrect, for in the
whole population is included heavy
percentage oil non income produc
ers, children, aged people, the in
firm, etc.
II the gross insurance of $4,000
100000 paid in 1921 were distributed
solely among actual wage earnerS,
estimated by some authorities to be
roundly 25,000,000, the per capita
would be $3.50.
Whether this amount is actually
paid by the individual wage Garner
or is added to his cost OF living. is
OF small moment. Some one pays,
and in the ultimate analysis, it will
be found that it is the wage Garner,
i. E., excepting the premiums on
life and causualty insurance, which
are usually paid by policyholders
individually, and which cannot be
passed along under the general
name of overhead"
AS might be expected, the aggre-
gate premium paid for life insur
ance far exceeded the expenditures
for any other form of insurance, but
few people would even conjecture
that the total life insurance prem
iums paid in 1921, viz, $1,710,000,-
900, topped the total fire and marine
insurance premiums of $7lS,000, 900
by nearly a billion dollars.
An outlay of roughly one and
three quarters billions of dollars
by /40, 100000 life insurance policy
holders, or a yearly per capita pay
ment OF SAB, is a conclusive proof OF
the high valuation placed upon life
Insurance by the AnStican people.
An estimate of $3.50, 100000 paid
last year for estate and inheritance
taxes, and their attendant costs,
would not be far wide of the mark.
Statistics show that such taxes
collected by the federal government
amounted to S154.034,260 and that
taxes collected by separate states
amounted to $57, 1851. 592. Add to
this joint sum the amount expend-
ed for administration and other in
evitable costs, and an approxima
ton of $3.50, 100000 appears fully
warranted.
Paid TO Mankato, $4,000
The amount of insurance distri-
buted to benedciaries In Mankato
the past year was $4,000 :
Minneapolis, $3,7O2,O 900. ST. Paul,
81, 294, 900. Duluth, $500 Winona,
s162. 900. Hibbing, s12g,000 Red
wing, $98,000 Mortified, $95, 900.
Rochester, $4,000. saltwater. $75,-
600. ST. Cloud, 100000 Austin $53,-
0oO, Willmar, $4,000. Marshall.
So, 600. Brainerd, $4,000. Glencoe.
| $4,000 Owatonna, $4,000. Fart
bault, $4,000. Kasson, $4,000. Al
bert Lea, s45, 000 Crookston, $43, 900.
Lake Benton, $4,000. Litchfield,
$4,000. Princeton. $4,000. Eveleth,
s35, 600. Fergus Falls, $4,000. Alex
andria. $4,000. Blue Earth, $685.
O0o Osseo, $31, 900. South saltwater,
s31, 900. Anoka, $2s,O00. Pipestone,
SIC, 900. Cloquet, $4,000. Dawson,
$25, 900. Preston, $4,000 Minnesota,
$4,000. Wells, $23. 900. Gibbon,
So, 600. Graceville, $4,000. Charles,
$4,000. St James, $4,000. Win
throp, $4,000. Balaton, $4,000 De
Gran, SIT 900. Grand Rapids, ST.
600: Hutchinson, $4,000. st; Louis
Park, $4,000; as Sandstone, 1890,
Euclid. $4,000. Fairmont, $4,000.
Hopkins, $4,000. Moorhead, SIG,
600. Olivia, $4,000. Rushford, SIS
900. Winnebago, $4,000. Spring
Park, $4,000. Brooten, $4,000. Buff
falo, $12 900. Burtrum, $4,000. Ced
ar, $4,000. Champlin,. $4,000 Fer
tile, $4,000. Herman, $4,000. In
ternational Falls, $4,000 Lake City,
So, 900. Rush City, $4,000. Syea,
$4,000. Truman, $4,000. Two Har-
bors, $4,000. Crystal Springs, ST.
900. Isle Harbor Township, 1000.
Kerkhoven, $1,000. Ortonville, SILL
600. Perham, $1,000. Painview,
$11 900. Springfield, $1,000. Worth
iington, 1000.
Thirty, and Probably More, Human
Million Dollar Risks
The death of Henry P. Dawson,
partner in the banking firm of J. P.
Morgan, and reputed to have been
insured for more than $1,000, 900,
suggests on inquiry as to number OF
individuals in the Unite. States
carrying life insurance TO the
amount of $1,000 900 or shore.
Some companies sAe reluctant to
give out what to- regard as con-
! fidential Information regarding poll :
cyholders, and some individuals
known to be heavily insured are
equally different about publicity
with respect to their private affairs.
Hence an accurate and complete
list of millionaire and multi million
aire policynolders apparently is un-
obtainable.