The daily star-mirror. (Moscow, Idaho) 1911-1939, 1923-02-28

up his flrSt capitalization OF $5OO IN
to system with sales this year ex-
ceeding $50,O0O,000.
The late John Wanamaker carried
an insurance of over 100000. His
son, Rodman Wanamaker carries poll
cies aggregating $4,5O0,000 and Pierre
du Pont for $4,000,O00. These mems
policies were and are for the benefit
of their personal estate.
The records in the Surrogate
Courts in New York show that out
of one hundred men who die, three
leave property worth ten thousand
dollars, fifteen others leave from two
! to ten thousand, eighty-two of every
/ hundred leave no income producing
poperty at all; thus out of every
| hundred widows only eighteen are
left in good or comfortable circum-'
stances, forty-seven others are OBJ
, liged to go to work, many when far
past their youth, and thirty-five are
! left in absolute want. Think what
life insurance would mean to such
unfortunates!
A life insurance policy has shielded
thousands of families who would
have been homeless without it; it
has sent multitudes of boys and girls
to college who, but for it, would not
have gone; it has started thousands
of young men in business who, but
for it, either would not have started
at all, or would have been delayed
for years in starting. 1t has lifted
the mortgage from thousands of !
homes.
"A wife should never stand in the
way of that life insurance which is
her only protection from privation |
n nd W tho contrary she I
should demand it," says a writer /
" She should insist that it be regarded |
not as an extravaganza, nor as an in
vestment, but as a necessity. 1t must I
come before luxuries, such as super !
millinered bonnets for the wife and
cigars or beer for the husband. 1t
should come before a savings bank
account. In fact, it should arrive +
with the wedding presents. hus-
band who cannot afford to put a
policy of insurance upon his life in
the hands of his bride is too poor
to buy marriage license or to pay
a wedding fee."
There is moral obligation resting
upon everybody who puts himself in !
a position where others are depen- Il
dent upon him, to provide a certainty
for their future, and he has no right
to risk these inherent rights of others
wholly in the vicissitudes of any Il
business. There ought to be some
fondation stone that commercial
floods, panics, and disasters cannot
wash away.
The shrewd, far-sighted business
man provides for possible business
reverses and often puts away in Gov
bonds, life insurance, or in
some other reliable investment, money ;
enough to take care of those depen- I
dent upon him, or to enable him to ,
start again in case of financial dis ]
aster. l believe that every young s
man should religiously resolve at the
very outset of his career to lay aside |
A certain amount of his income re-
sularly, come what may, until he has J
placed those dependent upon him alb i
'olutely beyond want, never allowing ,
himself to be tempted to use this fund y
or any other purpose ,e
Savings are always a power when i
hey are secure. But what a horror 1
o find. when sickness or some other
has overtaken us, that our c
title savings were lost This is ;,
where life insurance has been a great =
lessing to the world because it has \
rought thrift, system, and order in "
o thousands of lives which other \
wise would have been slovenly and !,
rderless. !,
There is no doubt that life insur- i'
nee is one of the greatest institu-
ions for the benefit of mankind. 1t II
5 a good guardian for the families I
t those who lack foresight and Il Z
1rift, a good friend to poor business 4
len, to gullible people, and to all :
rho are weak and easily influenced
I their investments, and who are y
leir own worst enemies. IL
If you are constantly suffering
'om losses and mistakes, if those m
ear to you have suffered from your Ia
lex OF business judgment and ability, 81
you find that about everything you L
west in turns out badly, why not W
uard against future disaster and NJ
limitation by putting yourself in a bl
osition where your family will be OF
Ire to have something in the future? al
You will find that this will increase ST.
,ur self-respect for nothing will it.
AXE man doubt his own ability m
Id will injure his self-respect more w
an to be always laundering in his
Isiness transactions and making bad
vestments. Your insurance will in D,
ease the confidence of others in IL
'u The very consciousness that
III have performed a great sacred
ty to those you love, by protecting
EN- against even your own weak fro
'sSes ana lnclihatlonS, Will De no
eat stimulus to you, give you great tn,
tisfaction, and will make you +,
ger and better man.
Every thousand dollars wisely in =
sted or deposited in the savings n
nix or in an INSURANCE policy means y
thousand dollars worth of salts lE
elton, of comforts, of security" says IE
rothy Dix. 1t means increased IkS
Prospect. We think more Of our IS
Ives when we are providing for iE1
use dear to us or even against our lEg
n future when we are providing IEA
ainst some contingency, sickness, IE1