Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
LIFE POLICY FOUND
MOST POPULAR BY
INSURANCE EXPERT
Dr.. Charles E. Albright Says
MiIIion-DoIIar UnderWritingS
Have Shown Increase.
PREDICTS NEW RECORDS
IN NEXT FIVE YEARS
Calls Attention to Growing Variety
of Risks Suited to Various
Needs and People.
BY JOHN F. SINCLAIR.

By JOhN r. SINCLAIR.
NEW YORK, February 15-Dr.
Charles z. Albright, who represents the
Northwestern Mutual Life Insurance
Co. Of Milwaukee, probably has written
more life insurance than any other man
in history.
A graduate of Rush Medical College
OF Chicago, he went to Milwaukee in
1891 to become one of the assistant
medical directors of the Northwestern.
In 1905 he started selling insurance
and turned in $305,000 in sales during
the first five months He liked the
work and his medical practice receded
He is not the high pressure type of
salesman at all, but he does bring
for the past 10 years with this one
company are now in excess of $2,750, 900
year.
The doctor maintains Offices in Mil
waukee, Chicago, New York and half
dozen other cities, is director of
many organizations, including the
Allis- Chalmers Co. and the first Wis
plenty of time for play, recreation and
vacation.
Just before he sailed with his wife
on a pleasure trip this week. I asked
him what form Of life insurance was
| now the most popular.
Many new kinds of insurance have
been tried out in recent years. The
business man can get term insurance,
endowment insurance, protection insur-
ance for every kind Of individual and
business need" says the doctor. But
the straight life insurance policy con-
tlnues to be the most popular of all
Ninety-f1ve per cent of all my business
Is IN this field. Why? Because It's
the kind of insurance that appeals to
the average man."
Recently he wrote a million-dollar
policy on the lives of those two famous
radio comedians-Amos and Andy.
Policies OF million dollars are not
so rare now as they used to be. Some
years ago the idea of carrying a policy
as large as $1,500,00O Of insurance
would have shocked even a millionaire.
But not now"
DR.. Albright has already written
he believes the record will be badly
shattered in the next five years.
Automobiles Aid Prosperity.
Had it not been for the automobile
| industry, the great expansion and pros
perity OF the United States during the
last 10 years would not have been
So one important survey now is to be
aDie to accurately judge the output
OF the automobile industry in the
United States for 1890.
In the five years from 1920 to 1924
the Ford Motor Co. produced an aver
age OF 100000 cars out of 2,893, 900
total-not quite one-half. In the next
nVe years, from 1925 to 1929, the Ford
percentage fell to about 80 per cent
OF the output. This lower figure was
largely due to Ford's 1927 and 1928
p.
duction. PA0-
But in 1929 Ford recovered to about
50 per cent and began moving ahead
strong with his new models. This
year. which Is already showing
marked tendency toward the small.
ioW-prlced cars, Ford's schedule calls
for 100000 units.
Brookmire estimates Fords produc-
ton this year at 1.75O,000 units; Cen
erai Motors at little over 1900 900.
600 units. If the Brookn1ire figures
work out, it means that about 1900
OOO non-Ford units will be produced
In 1880. as against 3,650,0OO in 1929
1928. '"A "a
This is reduction of about IS per
cent In production Of the ex-Ford group
ana Will mean an average operating
return Tor the year of not over so per
cent capacity" says the Brooknire
The. Ford comeback in the last two
years IS an amazing business episode.
PROBABLY as dramatic as anything in
american business history.
FOrd's Niche in History.
Men like Mr.. Ford arc known as few
statesmen and certainly as no creative
ARTIST or thinker has ever been known"
said recent writer.
Charles Hooper Of Idaho takes issue
WIN tnlS statement as being very
shallow"
He says: ut is utterly absurd that
uncle Henry's fame will pass on to
IuCure generations as the fame of
Demosthenes, Plato, Aristotle, Michel
angelo, Shakespeare and other great
thinkers and artists.
How infln:teSimal, In comparison.
IS tne number OF rich men whose names
nave come down to us. At the mo-
ment can think of only Solomon.
Croesus. Maecenas, Ambrose (of Alex
andrial, the Di Medicis and FuRger.
AND these men are known more for
tneir rank and their connection with
genius than for their wealth. Solomon
was rich, but he is known more for his
wisdom than for his wealth."
While Henry Ford is probably richer
than all of the men mentioned. his
name will be known I'y future genera
tons, not for his wealth. but for his
ability and genius in the field of mass
production. His genius has increased
lie more abundantly for the millions.
And so given humanity a wider vision
This Is Henry Ford's contribution,
and future ages will not overlook this.
Won Luckner.
Count Won Luckner, German subnna.
rine commander In the World war.
who at its close came to America and
TOOK out citizenship papers In the
United States, is living on his yacht
Mopelia, now lying In the Hudson River
on Seventy-ninth street, New York.
The count Is one Of the most inter-
esting characters of the World War.
a speaker OF rare charm and power.
his services have been In demand from
one end OF the United States to the
other.
His income since the war from his
books, writings and lectures would sur
prise many other well known public
men.
His wife, the daughter of the swedish
sugar King, Is q granddaughter of Al
fred Nobel, who invented dynamite and
donated the Nobel peace prize to the :