The Mena weekly star., 1922-01-19
Insurance Source of
 Strength to Nation
YpRODUCTS TO AID ECONOMIC BALANCE OF UNITED STATES-SAVING HABITS
 WITH INSURANCE LEAD TO NEW AND BETTER CONDITIONS.

tract under which these deposits be- come obligatory. And aitho he is free to stop making them he cannot do so without sacrifice and without breaking his agreement. Consequently a pres sure is exerted which strengthens his purpose and aids him in fulfilling the obligation he has voluntarily assumed.
 In addition to this, he is taught systematic habits of saving. His payments fall due at regular intervals. Whenever he is forgetful or dilatory he is reminded of his obligation and aided in meeting it. There is no other method of saving, moreover, that is as convenient and easily carried out.
 Small Savings.
 It must be noted also that the small savings of innumerable individuals flow in tiny rills into the great invest fnent reservoirs of the insurance com panies. Thus, funds which would otherwise be wasted or lie idle are used to develop the industries of the nation. Malicious people have some times asserted that companies hoard the money received from their policy holders. The reverse of this is true. The companies are paying every year in death claims matured endowments, dividends and other benefits, quite as much money as they are taking in. In addition to this they are constantly investing their funds in the different states, and are thus aiding in the de- velopment of the industries of the tion2
 country. Note what Lawrence F. Alb bolt of the Outlook has said in this connection:
 "The American public does not yet even begin to realize what the life in surance companies have done in the way of enabling the individual citizen to save his money and to put it to use- ful work, not only in promoting his own prosperity but also in developing the resources and the general welfare of the country @ < What are these gigantic assets doing? They are building railroads, erecting mills and factories, clearing land, cultivating farms. and furnishing much of the in- dustrial power and energy which has made the people of the United States the greatest nation in the world"
 Note also what Mir. Abbott has said about the value of life insurance as a / "Take young man of twenty, who is starting out in his business career. | l can argue with him to open a saw ings bank account until both he and l are black in the face, but without much success. Suppose I do prevail upon him and he makes the start. Nine times out of ten his regular de- posits fall into innocuous desuetude. | o1I 1Ixr Ln Ia hol meet some emergency, and the enter prise is ended. But if l can persuade him to take out life insurance pol icy he is compelled to pay the prem ium annually and regularly in order to get the full benefit of the under taking. It is the regular annual pre- mium that forms the compulsory mo tive"
 Economic Betterments.
 Another indirect way in which life insurance benefits the state and ma tion is by increasing the number oi self-supporting people; thus reducing 1 the direct expenses of the state anc nation for asylums, police depart ments, agencies of justice. jails, war dens, homes for the destitute, poor houses and hospital. This being so, l is to be hoped that the time will soor E come when the Federal and state gov I ernments will remove at least part o' 1 the heavy burden of taxation tha' now falls on that thrifty section o' our people who invest their savingi in life insurance. That the compan les should pay for the expenses of th' departments that supervise them | reasonable, but beyond that life in surance should be fostered and no penaiized
 There are many other indirec ways in which life insurance benefit the individual and thru the indiriduz the nation. The man. for example