davidaulloa/AmericanStories huggingface dataset:
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22
NEW YORK LIFE INSURANCE COMPANY
och Annual Statement to it's Policyholders

@HE management Of life insurance
~ company has a primary response
blity to its policyhoders to invest
the funds of the company and to conduct its
affairs SO that the company will be able
promptly TO meet all its oontrsctual obliga-
tons to policyholders and benehoisries when
they fall due. The discharge OF that
responsibility carries with it great oppor-
tunity for service to the public at large.
Because Of the complexities Of the present
economic situation growing out OF the critical
period through which the world is passing
this service to the public has now become Of
great importance in the economic and social
is acutely aware Of its responsibility to its
policyholders. So also, it recognizes that
much public benefit will necessarily follow
from its performance Of that responsibility.
Nearly one-half of the people of the
United States own life insurance. From
the savings of these people, who live on
the farms and in the villages and the cities,
come the premium payments which account
for most of the income received by life
insurance companies. These funds eventu-
ally GO back from those companies to the
policyholders and benehciaries as payments
in accordance with the terms of their policy
contracts. Before such payments are due,
however, the funds become available for en-
ployment in the economic life OF the people as
a whole in the form of investments or loans.
Such investments or loans are useful to those
individuals, corporations and governments
who need funds to build homes, TO carry on
business, or TO meet budgetary and capital
requirements.
The life insurance companies in turn con-
slider the probable income from these invest
ments and loans when they calculate their
premiums. Earnings arc an important factor
IN building up the funds out OF which future
obligations 10 polieyholders and benehoisries
are met. They are also substantial factor
in reducing the total cost Of insurance to the
poloyholder.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

stery hssliiss. and aniy tive
feet shorter thss ts~ ws.A-
lsgter monument
Ths a sso.eoo taas q concrete
N ths dam would pave = two-lsns
highway scrcss the unlted ststs.
ceaerets 49, poured nearly
1.eeo nights ursirr bright eiertfic
Hrhts On Nay - 1879. q worsd
record vs. rssshii.hea whsn - sst
cahie yards ~ een<rete seFe
placed m - hours Il tes rate 20
- tons = minute
n~sked us n~hlsa Ne dam
Columbia river wIil ferm the
worlds largest Artificial lake
--isi ms,~s eag-e.eagh ~
give every rersaa IN th< a.
tses .xoao kailen. ef wsies.
This viii ffixsts |. go 600 acres
81 Northeastern Washington dsssrt
the slrs ~ Delaware FIRST land
vii proeshly =. realty for settle
nsni m four % FIVE years fef he
first q 100000 person. expected
10 come 70 thts nsw frentlsr ard
establish the most modern %
American farming comnunltls.
An .r>s.s@sse~ lss he.
h~~a passed 10 prevent IN.
sale ~ land 81 ssersitant
prices. and the haldiass 81
land Win 10 limited 3. "a ses~s
for . sissle man and 20 s<ses
fer . man and wife.
Fun development Of the area l.
expected 10 require 10 years. A
great deal Of the land 10 desert
waste. Some az II IL hslns dry
farmsd for wheat IN large traess
Breaking ur the large holdings
into small family. slsed farms ~sll
make fer the production ef al.
fslfa, fruits. vegetables ard special.
y crops mai cad az wheat
The cot II volcanic ssh. Ths
growing seasnn 10 about Sin
months. and winters are compars.
lively mild.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

You can avoid all the bother and
fuss yet serve Chill Con carne
that's 80 tempting and delicious youu
ike II better thar hone-nsde-snd
It's % easy 70 serve. Find out how
good Chih Con Came can be when
it's mace the HORNED yay-with
Just the night seasoning.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22
Loans and Investments st Work

Gotonmem BoHdI.-This Company's in
vestments in bonds aggregate sf,s37, ooo, 600.
OF this amount, approximately $500, 600
arc United States Government bonds, either
direct or fully guaranteed. During the past
year the Company increased IT'S holdings in
this classification Of investment by about
3ioo,ooo,o 600. United States Government
bonds arc generally regarded as the prime
investment security OF the world. Their
safety is beyond question. More than that,
the Government at the present time IL
making huge expenditures IN the interests
Of national defense. From the point of view
OF the public interest as well as the safety Of
Its polieyholders, the Company's policy Is
to continue, IN the present circumstances, 10
invest in Government securities.
Oihe- Bond5.-Ihe Company sInyestmenu
in State, county and municipal bonds. which
arc likewise regarded as prime investments.
and which amount TO over f3So,ooo,ooo, also
play great part IN our national economy a.
well as our social advancement. They pro-
vide funds TO help build schools, bridges and
highways as well as other local institutions
and improvements The Companys hold
ings Of railroad bonds aggregate approx
mately s78s 10000 and he p TO finance the
oountry's principal transportation system
which IL 50 essential TO both the business OF
the country and its defense. Our public
utility bonds aggregate over ,jJS,ooo,ooo
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

32o,ooo 10000 TO tjo,ooo,ooo,ooo. The
effect of this upon our national economy is
great, for, as the volume OF such investments
and loans has increased, the public service
performed by them has likewise increased.
Even a briof examination of the loans and
investments of the New York Life Insurance
Company will, We believe, demonstrate that
it has employed its funds both with view to
safety and in the public interest.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

be produced saturday.
Grand Conlee 10 50 large even
Hollywood superlstivss fail To de.
scribe H.
Raas 81 the dam cessr. Is
arr~s. u 10 nearly twe city
blocks thick 81 The ha.e and
rs city hsecks long ., the
crest n " - high ~ . ga
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

Two 10000 kilowstt generators
turning out only a fraction Of the
energy that will be available when
. the S1s7 .ooo. 600 dam is completed
next year. will be cut into trans
mission line linking Grand Coulee
with Bonneville dam $50 miles
away
Messages from President
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

Roosevelt. Secretary of the
Interior Harold Ieke> and Re
olamation Commissioner John
c. Page viii he broadcast on
nation Wide program. A. the
first power surge- out over
the wires At y. IN.
An Indian chief Of the nearby
Colville reservation VIII push >
button to start the generators
GOV. Arthur ". Langlie Of
Washington viii speak from
the powerhouse. 10 which the
public will he admitted for the
first and probably only time.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

construction.
About May Is. Grand coulee's
first direct customer. the Mes
pelem Valley Electric Cooperative
Inc. will attach lts 20 miles Of
wire 10 serve $50 persons
when the dam IL completed II
will generate 2.7oo 600 horsepower
i 900 times the energy that will
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

But the Company is also very conscious
OF the public service that is rendered through
the employment Of us funds. In recent
years, for various reasons, the individual who
has accumulated savings during the course
of the year has been more and more he.itant.
or has experienced greater and greater diff
Guilty, in making his o~n private investment
OF these savings. As result the public Ia,
put larger amounts Of savings into such ins,i-
tutions as life insurance companies. Bur ihes.
savings are NOT s,sgnsnt or idle. In large
part they are turned back into the blood
stream OF the national economy through
investments and loans which these institu-
tons make in accordance with the laws Of
the VARIOUS States.
In the past ten years, the investments and
loans OF all life insurance companies in the
country have grown from approximately
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22
Safety 10 the First Consideration

In making investments or loans II is Of
paramount importance that the policy
holders interests be protected and that
safety be made the first consideration. That
has been the policy of this Company since
It's organization. Il will continue TO be Us
policy.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

psymssss 70 pssseyAsllsss 80 osssorasssss
During the year ,g4o. the Ns~ York LIZ
Insurance Company pad To pniieyhol1iass
and their benshe,ar'es total Of tso%. J94.3>s.
OF this sum tr1s,oi CO ~ss paid 20 hvs~g
policyhoIden and Soo.l79.a7o to bsneAei-
AREA During the psst ten years. the Com
pany's payments 10 poIieyholiers and hens-
heisries have exceeded ts.Iso.ooocoa
New Insurance. during the year 1870
amounted TO y4ssg7o.joo. Thers ~sss
7ro,s9b new policy contracts uAdr during
the year and the average s,ss al nee pois<,ss
was ts.oso. Although shs volume u rev
business was slightly less than shs psev'ens
year. nevertheless there ~ss . substantial
reduction In the aggregate volume Of TER
limitations. particularly lspses and sur
renders. On December -. 1890 the Com
pany had a.oaS,77S insurance palle'es N
force for . total Of tb.s9s.Is1,749. which
represented sn increase ot sl.s4i IN the
number Of policies and th4.l479sI IN
amount a. compared With the end Of the
previous year.
Asssss and Liabilities
The total value Of ell honda, wh,eh w~ss
valued in accordance With the Law, wss sub
aantisily below the total market value ~ al
December y. 1870. The ssgregsse amount
Of the Company real estsfs mortgage loans
vas written down by tsbaoo,ooo 10 the
estimated value "a OF the end II she rear.
Furthermore, the total real estate owned
by the Company Was also marked down
IN 1890 and Is carried ~ the estimated
market value. Total admitted sss<ts amount
ot7,s69.7ls, 1os. an ,neresss oi tfo7.<s6,77s
over the previous year
In the liabilities, BY far the largest item,
t.Js1.b7i.ss4. 10 the Insurance. and Annuity
Reserve computed By the superintendent at
Insurance OF the State OF Nev York. Thss
reserve 10 tho amount which tho Company
must hold IN good assets ~ that together
with future premiums and interest. "a may
be able % meet future policy obligations -
they become due based on assumptions -
10 future rates II claim. interest and expense.
The sum of tJs,7<7-4go is set aside IN the
liabilities for divsd<nds payable 20 policy
holders IN Is4f. In addition 10 Voluntary
Investment Reserve al tSonooDoc. the
Company had. AZ tho end OF shs year, .
surplus. reserved for general contingencies,
amounting 70 ,is7e7J.hoJ.
The present high standing of the Com
p1ny, iss conservative financial and actuarial
standards, and the character Of the osgsniz1-
ton both IN tho Homs Once and the Field
should be source Of usaf satisfaction 70
every policyholder.
A more tompls,s report As Of December
y, 1870 containing additional satisfied and
other information ofinxress sboos the Com
Parry. q. -eii as . bss Of shs bonds ard shs
guaranteed and preferred stocks owned BY
the Company. vii he sent upon request 10
the se~ York Life Insurance Company, g.
Madison Avenue, Nes York, n. \.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

Seven years, seven months and
rs days after President Roosevelt
first approved funds for the giant
hydro-electrie and irrigation prof.
ect, Grand Coulee has been called
into service two years ahead Of
schedule because Of national de-
tense demands for power.
Seventy-two men died In its
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22
Grand Coulee Dam, Largest
Man-Made Structure on
Earth. Produces First Power
President Roosevelt. Ickes And
Gov. Longlie To Participate In
Public Ceremony Slated Saturday

GRAND CouLEE. Grand Couee largest manmAde
structure produce its electric power Saturday
The Waterbury Democrat., 1941-02-06
By DAN PARKER

 perhaps people than he fighter Teller this fight don't think will however that he well  debut tendency to take opportunity follow decided whete irritating college traced that they view boxing scientific sport and not off, shoot of mayhem.
 with left spnkng paprka probably better putting Hungaanand surprising him occasionally with hits Meantime a picking aimed for in this respect off side of traphoOting Vighs left will problem easily and whenever i Blys going to feel it.
 fighters decisions
 
 
 
  conducting opponent without comphcatg hopelessy mtenabe being confronted with match wrestling titles dsoin worlds middewet champions nights will meet Overn, month
 should Ovn his  his Bonnie to him.
 Copyright King Features Syndcae
The Waterbury Democrat., 1941-02-06
ROOSEVELT SKI
 MEET FEB. l2

Bear Mountain, N. Y, February G. -- The annual Franklyn D. Roose- welt Ski Tournament vii lbe held in Bear Mountain State Park on Lincoln's Birthday, Wednesday, Feb ruary 12th, at two o'clock. The trophy jump is sponsored by the Norway Ski Club of N. Y. and the Bear Mountain Sports Association Officials of the Palisades Interstate Park announce that a member oi the Roosevelt family will present the trophy. Invitations have been issued to the Grown Prince and the Princess of Norway. Torger Tokle holder of the long distance record on the Bear Mountain hill and win ner of twenty-three of twenty-five contests entered. will be leading participant in the meet.
 Other prominent Skiers who will compete for the trophy are Walter Bietella of Wisconsin, member oi the 1886 Olympic team, Eugene Wu- son of Colorado and George Kat. larek of Duluth Minnesota. To con. fine the field. entrees will be limited to Class A jumpers and twenty-five fliers from Class B. This jump, g leading ski event in Bear Mountain Park and the first one to be held ir February, will mark a highlight oi the Parks winter sports program
The Waterbury Democrat., 1941-02-06
DORAZIO PROMISES TO
 "GO DOWN FIGHTING''

Summit, N. j., Feb. 6.--(UP)-A 6. charge that his bout with Joe Louis in Philadelphia on Feb. l7 would be e slaughter" embarrassed and an- gered Gus Dorado today.
 Two legislators-Senators II. Je. rome Jaspan and Anthony J. Di Silvestro introduced @ resolution In the Pennsylvania Senate Tuesday calling for an investigation of the Philadelphia boxing business In gen- eral and the Dorado bout In par. ticulAr.
 "so they think it's going to De Q daughter" Dorado said. well let me tell you something. I'm no midget and down in south Philadelphia we learn how to take care Of ourselves early.
 'Joe Louis ls only human and I'm going in there with the Idea Of glv. ing him 10 fast rounds of fighting. [ think [ cen give . good account Of myself and if I am licked. I'll 60 down fighting"
 4 hearing will be held in the Pennsylvania Senate Monday.
The Waterbury Democrat., 1941-02-06
rg SKATES AROUNIl

iIt he BHk. cem'g IFe Hsaltr ras dven pafiorr lnees Ia eycfy l.lle cf th8 Union, cac9ps Maine and Louisiana,
The Waterbury Democrat., 1941-02-06
FITZPATRICK IS
 NEW 'FIND' OF
 BILLIARD WORLD
Newcomer Nearly Defeats HOppe in 5O-49 CIli-
 cagO Match !

Chicago, Feb. G. (UP) - Chama pion Willie Hoppe again was thd man to beat in billiards today.
 Only nine days after he began his double-time pace to make up for time lost because of illness, Hoppo was the only undefeated contestant among the r entered in the worlds three-cushion billiard tournament. He won his ninth consecutive match last night from John Fitzpatrick of Los Angeles, Pacific coast champion 50 to 49 in 58 innings, after his most difficult contest since he won his title last year.
 The field of the undefeated was narrowed to him when Joe Chama. co of Mexico City defeated Jay Bozeman of Vallejo, Cal, 50 to 43 in 53 innings. This was the second time in as many days that Chama- co had beaten an undefeated con. testant. Otto Reiselt of Philadelphia having been his first victim.
 Hoppe looked weary and pale un. der the dazzling table lights in the darkened, Smoke-filled arena when he met Fitzpatrick, a newcomer to the world tournament. He began with confidence, however, running three billiards in the first inning, two in the second and three again in the third. But with the seventh inning he began to falter, missing shots that ordinarily would have been easy for him.
 Cool Customer
 Fitzpatrick, calm and confident. showed consistent shooting and q defensive skill which rivaled that for which Hoppe has become famous. Four times he played a safety, plac- ing the balls at disadvantage for Hoppe instead of trying for his point.
 At the intermission, Fitzpatrick was leading, 28 to 24 after 28 inc nings. But Hoppe came back strong. and scored run of four, followed by one of three. In the 45th inning Fitzpatrick struck gold with run of seven, his high for the match, and took the lead again, 43 to 4O. Hoppe held him Scoreless for four innings,then scored five points to regain the lead.
 Fitzpatrick shot a safety in the Sand and Hoppe countered with an- other in the 53rd which Fitzpatrick took for one point. Fitzpatrick scored two more in the 54th and another two in the 57th while Hoppe went Scoreless and trailed 48 to 49. The spectators were sitting on the edges of their chairs when Hoppe came up in the 58th and with two quick strokes finished of his opponent. Hoppe meets the unpredictable Chamaco tonight.
 Jake Schaefer, Jr., of Chicago des feated Paul Levin of Chicago, 50 to IT in 38 innings, to move into sec- ond place tie with Bozeman, each having won nine and lost one. Earl Lookabaugh of Chicago handed Reiselt another defeat, 50 to g in s innings, and Tiff Denton of Kansas City defeated Clarence Jackson of Detroit. 50 to 47 in IT innings, to complete Jackson's schedule.
The Waterbury Democrat., 1941-02-06

provocation. Free for all battle royals are commonplace in the lily white leagues. The customers oc- casionally take part in the proceed iugs.
 Tn the Eastern Amateur League this season, Harry Dick of the At lantic City Sea Gulls led the penalty parade after 35 games with 101 min- utes. In the National League over the entire 48 game season, Red Hor- ner of Toronto was the bad man, with 87 minutes.
 Milt Schmidt of Boston led the National League last season with 52 points on 9 goals and 30 assists over the 48 game schedule. In the Eastern League this season Norm Burns of the league-leading Wash ington Eagles had 43 goals and IS assists for 58 points after B games. Sam Fasano of Atlantic City had 4s points on 26 goals and g assists. CUSTOMERS PREFER
 THEIR HOCKEY ROUGH
 Part of this discrepancy in styles can be laid at the door step of the
The Waterbury Democrat., 1941-02-06
c. L. P: League Notes
BY LEFTY

BY LEFTY
 Carl Dillon has been inducted under selective service-the first member of the Mixed League to be drafted. There is no one in the league more popular than Carl and everyone is sorry to see him go. However, it can't be helped and Carl himself accepts it philosophi- cally.
 Carl has told me many times how much he enjoys the Mixed League and how much fun he gets out of it.. Undoubtedly big factor in this en- ioyment is the fact that in the Mixed League Carl has had such singular success against his arch rival, Wild Wilburforce Knight.
 For the first six nights of the first round last year Wild Willie's team went undefeated. On the sey- enth night it met Carl's team. Great interest prevailed in that match for everyone knew of the intense rivalry between Carl and Willie. The sympathy of the crowd was entirely with Carls team, be- cause it is human nature to root
The Waterbury Democrat., 1941-02-06

4NA4Ab 0GAAA11Wb
 rinks as the money men, outdraw their foster parents at ratio that sometimes IS as high as two to one. The same is true in AA American League cities.
 The ultimate outcome of this upward surge of the upstarts is hard to predict. That the pros are aware of the trend is evidenced by the assertion of Frank Patrick, the hockey pioneer.
 If the amateurs at the prices continue to give the fans the kind of hockey they are playing, the prof. essionalS can't stay in business very long," says the Montreal front man and member of the glittering games Royal Family.
 AMATEURS GIVE MORE AT LOWER PRICES
 The amateurs offer a price scale averaging from 35 cents to $1.10 as compared to the 85 cent to $3.30 range of the pros.
 The amateurs play wide-open, chock- k-full-of- f-action type of game that is a decided contrast to the conservative, defensive style featur- ed in the National, and to lesser degree the American League.
 The amateurs spill blood. Younger and less experienced than their pro- fesSional brethren, the amateurs take the game as @ matter of life and death.
 They sling fists at the slightest
The Waterbury Democrat., 1941-02-06
KEARNS SEEKS NEW DEMPSEY AND MILLIONS
Promoter : Manager Says He's Walking Down
 Comeback Trail
BY PAUL sCHEFFELs

0x PAUL SCktEEFEkS (United Press Stan COrrespOndent)
 New York, Feb. 6-(UP) = Jack Kearns, his two-million dollar for- tune earned from the prize ring just a pleasant memory, trods the pugil- istic trail again, seeking to revive another memory = @ heavyweight fighter good enough to reach that same leather-pushing pinnacle to which he piloted Jack Dempsey.
 Kearns. whose fame and fortune for time seemed endlessly en- twined with Dempsey's, lost his for- tune in several different ways around the country. Now approach ing 55, ne's firmly convinced that the $30,000 he dug up for Maxie Baer to knock out Pat Comiskey in Jersey City last September has giv- en him 8 good grip on the come back ladder.
 "Or Doc" classes the claims of those members o6 the boxing fra ternity, who call his Baer-C ComiSkey match 8 financial flop, as pure professional jealousy. According to him, it brought him $6O,OOO which compares with the Baer-Tony Ga lento fight in the same city by the 20th Century Spoting Club at a more favoable season and under muctmh better climatic conditions.
 Paid COmiSkey $8,OOO
 "Comisiey collected 5000 from uS," Kearns said, probably the big gest dough he ever got. And not only that, we polished off every sim gle obligation remaining from the show. Truthfully, I didn't make a red cent for two months work but the fun was worth it."
 Kearns admitted he had no exclu. sive contracts to start the money rolling In once more but he is pre- paed to corral the best talent he can find even if he has to bid in the open market and put up a guaran- tee. They gave me the old raised eyebrows treatment when I talked about putting up that guarantee for Baer," he said. But I've really got me some packers now. They can make that dough look like sub way fare"
 He said that he had no stadium contracts in the east but could pres ent bouts indoors in Chicago and outdoors in Chicago, San Francisco or Miami.
 How He Met Dempsey
 "All you have to do Is be on the level with your public and you can't miSS," he remarked. That's the way was with Dempsey. In- cidentally. do you know how I met Jack?
 T was in tavern in Oakland Cal, when some rough housing started. The first punch put me on the floor, but not out. What a riot went on around me after that! Some hardy gent was single-handedly cleaning up the place and he did a thorough job.
 When he was finished he dragged me down the street and revived me. When I asked him who he was, he said: "Dempsey's the name - Jack Dempsey.
 That was enough for me. It took me about tenth of 8 second to realize that this kid must be a natural fighter if he could stop a brawl all by himself. That's how we began"
 Kearns still doesn't believe that Joe Louis can take a punch like Dempsey could and said he'd spend the rest of his days trying to find @ heavyweight to prove 1t.