Perth Amboy evening news., 1923-08-10
THE REFEREE
tBy Albert Applc)

Fear?
Nearly three billion dollars worth
of new life insurance policies were
taken out by Americans in the first
six months of the year. This is
partly fear that ones dependents
will be unprovided for in event of
the bread winners unexpected death.
1t is also a matter of thrift, and a
highly sensible one, for life insur-
ance seems to be the only way the
average man can manage to save
enough.
You bet them you'n die before
they think you will. If unlucky, you
win-or, rather, your heirs do. Life
insurance is the most unselfish of all
our many ventures. 1t is scientific
civilization in its highest degree.
How much do you carry? Enough?
Flying
Airplane travel is getting to be a
reasonably safe venture, according
to the viewpoint of some leading in
surance officials. Frederick l.. Allen
of Mutual Life says a professional
aviator still is regarded as an extra
hazardous risk, but a policy holder
no longer jeopardizes his protection
by travelling over an established air
route in an airplane piloted by
competent professional. AS a matter
of fact, the average person is safer
in an airplane than in a canoe or on
a high, slanted ladder.
Consolation
After all, a low price for wheat
does not pinch the farmer as much
as q crop failure. Two bushels of
81 ht,aI al 0tsap
equivalent to one bushel at 50.
What the farmer wants is a bumper
crop and q record price. That's hu-
man nature, the rest of us have the
same hankering. Cheer up, farmers,
wheat prices eventually regulate all
other prices, according to some of
the most able economists. If the law
of many centuries works out as in
the past, the city man can get pic
ture of what he is headed for later
by contemplating the farmers pre-
dicament in 1928.
Prices
The tendency of prices of COM
modities will in the long run con-
tinue to be toward the pre-war level,
and that level may be re-established
in the not very remote future. This
~ LIlo puDilSueu view VI buc oWASS
Bank Corporation, whose predictions
for some years have been almost
clairvoyant.
| 1t claims that high prices have
been and are due to inadequate
world production, which is slowly
being remedied. Europe's produc-
ton, it estimates, still is a fourth
below normal.
ChicI.aua
1t takes four chickens to furnish
eggs for each American. Uncle
Sans count shows 428 million
chickens in the United States. They
furnish us with the eggs we need
and an additional 500 millions a
year for export, which latter is about
three-fifths Offset by the eggs we i'm
port from China and elsewhere.
Talking about wasted effort, what do
you think Of the proposition of i'm
porting 800 million eggs a year and
canceling the transaction by ship
ping back an equivalent amount?
Logically our exports should be 200
million eggs with no imports.
Paying
The English are making payments
on their war debt to US, and it
makes them gloomy. On the other
hand, it is revealed in the House of
Commons that the English bet from
500 to $50 million dollars year n
horse races. This money, OF course,
stays in England, merely changes
hands. But 1t is easy to spend for
pleasure, heartrending to spend for
necessity, not to mention the disa-
greeableness of paying for dead
horse like war debt.