The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1923-02-01
A BIG INSURANCE PARTY

Ou monday evening ABOUT Sixty OF
seventy men assembled at the I. o. o.
F. hall to be the guests of G. S.
Beebe to study life insurance, and
found the subject so interesting they
sat from o'clock till 1 in the
morning. At 10 o'clock they re-
tired to the dining room and
Toasted on delicious cold cabbage
and oyster stew dished up with big
dippers, as often as the bowls were
empty, and there was coffee with all
the trimmings in abundance.
| Mr.. Beebe ranks first in produc-
tiOn among the insurance agents of
| this state for the Mutual Benefit of
Newark, N. j., and this was his
seventh annual meeting of this kind.
In recent years he has always been
joined at such meetings by General
Manager Wilkerson of Boise, and on
one occasion by a man from the head
office at Newark. These meetings
were originally designed to afford
an opportunity for the local policy
holders to get together and review
their policies and get better idea of
what they are and what they mean
in a mans management of his estate
or his efforts to establish an estate,
but it has resolved itself into open
meetings to give any interested per-
sons the benefit of the study. At the
close of the meeting Mr. Beebe
stated that perhaps it would not be |
worth while to continue the ANIMALS |
further in view of the small attend
ance this year, but there arose such |
a declaration of appreciation, that it |
was agreed that each one present
should undertake to become respon-
sible for one or two others being at
the eighth annual next February
Mr. Beebe has been thirteen years
at Blackfoot, and in that time has
written more than a million and a
half dollars of life insurance. 1t is
said of him that he loves his work
and keeps in mind the good that can
be done by getting men to carry in
surance so that when they are called
by death, the wife and children shall
not be left financially embarrassed
at the time they are naturally the
least able to cope with poverty. 1t
has been said of life insurance that
1t averts the great blow and shock
following the funeral, that 1t takes
from the hearse to an
of their own; that it
turns crepe into the bridal veil and
dries up the tears Of the widows and
orphans.
Beebe's Reputation Abroad +
Two or three years ago Mr.. Seeger
was in New York and decided to
take a run over to Newark just ,
across the river, to visit the home !
office of the Mutual Life Insurance
company, and when he went into the ,
office of the department he sought, !
lie began explaining who he was
saying, my name is Seeger, and :
I'm from Blackfoot, Idaho" and :
he manager broke in with, ooh,
indeed. Mr.. Beebe's town." And
hen that parsonage went on telling
omething about Mr.. Beebe's bust
less and his unique ways of accom- !.
Fishing his work.
An Old Company I
The Mutual Benefit Insurance t
ompany is seventy-eight years old, q
nd has the distinction of having set \
he pace for many of the approved =
ractices in life insurance that were '
AIKEN as basis for legislation in :
.merica enacted for the protection o
both stockholders and the public n
n the greatest upheaval that ever C
anne to life insurance-the investi- 6
alton of the year 1867 when SEN ii
ational exposures were made in =
lany of the leading companies of r.
merica, the Mutual Benefit came
ut with clean bill of health while
Tiers lost heavily by policy holders
'sing confidence in the manage
ent and letting their policies lapse.
he scourge and cleansing of the :
ethods of life insurance at that
me under the hand of our present :
ecretary of State Hughes as chief 4
rosecutor, resulted in ten years of
lie greatest advancement of the
injury in life insurance, and it's in
eased usefulness and popularity. II
hat seemed to be the turning point
18th many companies, and they Il
versed their methods, trying to see
hat was the greatest service they
uld render rather than how much II
oney they could make by more or
S. harsh methods. Il
The old methods relied on getting
greal deal of money into treasury II