America -With all their aggressiveness INSURANCE HIGHEST there is a loss of the producing power have succeeded in writing, only about FORM OF CONTRACTS of a life, where the policy matfires by -s& wn "V. "v $27,000,000,000 of ordinary legal reserve death, but this is an inaccuracy. When e*" life insurance, which means Subject of Bitter Attacks a man dies, another takes his place. c- about 9,000,000 policyholders. These Has Gained Position off In the economy of human life, death *T.YV' figures do not include some $9,000,000,000 Trust, Says Head is merely the fruition of life. Death of industrial life insurance on is not a property loss. In both these perhaps 7,000,000 policyholders. There instances, there is only a partial or Over 9,000,000 Policyholders in Legal are not less than 50,000.000 of insurable complete recoupment to the individual Reserve Companies Carry people in the United States and $27,900,000,000. policyholder. The loss of time and every day. anew host reaches the insurable the destruction of physical property age. "The field is white unto are losses to the community which it BY THOMAS W. BLACKBURN the harvest but the laborers are is impossible to restore and for which Secretary and Counsel, American Life few." compared to the opportunities compensation to such community, is Convention, Omaha, Neb. for successful soliciting. impossible. EDITOR'S NOTE.--The average man's The importance, yea the necessity An Individual Worth knowledge of insurance is hedged with of legal reserve life insurance, is now The distinctive characteristic of the the single fact that for the payment of an accepted fact. The unhappy experience life insurance "contract is its power to a stipulated monthly or -yearly sum his of fraternal societies and assessment extend his estate beyond the life of cash benefits at his death. What the associations, has brought the policyholder, and maintain its integrityi basis of insurance is, what its fundamental home to insurers everywhere, the principles are, are matters beyond in spite of the certainty of the average citizen, even if he be value of the legal reserve system.. All death. It differs from every other a policyholder. Thomas W. Blackburn, temporary makeshifts have gone, or form of indemnity, because it is assurance secretary and counsel of the American will go later, into the discard, and life against the happening of a contingency Life Convention, gives herewith some insurance as epemplified by the old certain to occur. A fire or facts that every man, policyholder or line legal reserve companies, is recognized not, should know. accident policy may mature as a claim as the safe, scientific and supremely or may not. These forms of idemnity A fiduciary financial institution, satisfactory plan of protection are based upon the probabilities of which, for three-quarters of a century and idemnity for men, women accidents, and the premiums are calculated in America, has withstood every assault, children, partnerships and corporations. from the averages of experience. weathered every panic, outlived The life contract is a continuing every epidemic and survived wars, experiments, assurance of idemnity against an Some Basic Facts pestilence, litigation and Summarizing it may be said: event certain, and under the law of The New legislation, has earned, deserves, and 1. The plan, principles, purposes averages inevitable, at a fixed date, should enjoy and maintain the respect and achievements of legal reserve life though not determinable in advance and confidence of every right-thinking insurance entitle it to public confidence. as to the individual maturity. American. In 1905, during the New York investigations, There are individual banks, firms and 2. The contract is uniliteral, unique and for several years follow Remington Portable families whose record is phenomenal and equitable. It is a contract by the ing, the citadel of life insurance, in the length of service they have given terms of which all interested parties then represented by the largest aggregate the people of America, but there enjoy gains. of fiduciary capital which enterprise are no commercial undertakings in 3. No other commercial undertaking and genius had ever accumulated, this young land which can parallel the approaches the legal reserve life in a single line of undertaking marvelous record of legal reserve life insurance contract in character of performance. was attacked by legislation, by demagogues, insurance. Typewriter by self-serving interests of It is the one co-operative corporate 4. Legal reserve life insurance is great wealth and by singular and ingenius entity, which stands upon so firm a the highest achievement of human malevolence. The newspapers foundation that it could, and did, face commercial endeavor and the only of this great country, the muckrakers every form of disaster without impairment, fiduciary financial undertaking, which in nearly all the magazines, the statesmen reorganization or revolution. has demonstrated the possibility of big and /little in states and nation No other form of commerbial creating a co-operative corporation, and the president of the United States endeavor has so entrenched itself in whose solvency is not endangered by united in a sentiment of antagonism. principle, practice and accomplishment. panics, pestilence and pernicious propaganda. Many persons were frightened away There have been a very few from the beneficient and misused institution. We take this method of announcing to the public that this firm has recently taken mismanaged and unsuccessful legal 5. Legal reserve life insurance not Attempts were made in reserve life insurance companies. only protects families and postpones courts, in legislatures, in congress, in over the agency for the new Remington Portable Typewriter, and wish to show you what "There will be others. But the only bankruptcy, but it extends estates beyond combinations of wealth, and by the possible excuse for failure, whether the life of the builders and safeguards most mendacious propaganda, to undermine a real time and money saver this new portable machine really is. large or small, is weakness of management their property against the and overthrow this tremendous or corrupt manipulation. catastrophe of death. This new Remington Portable is a miniature of the big Remington that has been the fortress of protection. The probability of both is reduced to 6. Legal reserve life insurance is so Withstood War the minimum by supervision and publicity. simple in principle that it cannot be world's standard for years as a machine of speed, accuracy and long life. The new Port­ It survived and stood forth after misunderstood and therefore both the a ten-year war of utmost violence unsullied able is this same machine cut down in size to meet the requirements of the person whose wise and the simple can appreciate its Safe as Government and supremely solvent. No purpose and understand its requirements. Based upon an immutable law of bank of England, or federal reserve business requires a machine small enough to be moved from place to place without the life, as it has been mathematically system would have maintained its 7. Legal reserve life insurance determined, life insurance on the legal financial integrity against the attacks least difficulty and1 at the same time do accurate work under the most trying conditions. reserve plan is safe as an established takes no toll at the maturity of the made upon the institution of life'insurance. contract, contests no honest claim, Never before has long life and convenience been combined in the same machine as in government. From the serene height Not one policy contract was seeks out lost beneficiaries and pays of a monument builded upon faithful, repudiated, scaled or postponed by this one. all obligations within a day after the application of the principles of average reason of this unparalleled situation. facts of same are established. and cooperation, legal reserve life This magnificent demonstration of 8. Legal reserve life insurance is insurance shines forth in all its beauty the soundness of the principles, the The Remington Portable is particularly adapted to the use ©f— available to every healthy human being, of beneficence. safety of the trust funds, the perpetuity upon terms within reach of the Widows and orphans praise it. of the organized beneficence Capital and labor alike are its beneficiaries. humblest, and coming to the door of which American genius and human BUSINESS MEN SCHOOL TEACHERS Embarrassed business men desolation, it enters the chamber of prescience devised and constructed, is grief, bearing the oil of consolation, and hard-pressed debtors find it the the most phenomenal commercial fact FARMERS HIGH SCHOOL STUDENTS burning in the lamp of hope. friend indeed in time of need. Estates in all history. builded and conserved, proclaim its 9. Legal reserve life insurance adapts When the United States became involved TRAVELING SALESMEN COLLEGE STUDENTS its beneficence to the necessities value. Children educated and youths in the world war, the integrity of humanity, as does no other financial DOCTORS started in professions or business, CORRESPONDENCE STUDENTS of the life insurance contract was institution. mark its onward course. Wherever again assailed. Contracts based upon INSURANCE MEN BUSINESS COLLEGE STUDENTS it is called upon for service, whether 10. Legal 'reserve life insurance is peace conditions without anticipation in financing the farmer, building and the handmaiden of thrift and the protector of war losses, were confronted with SECRETARIES OF LODGES RAILROAD MEN of home and family and business, acquiring the home, protecting a dire possibilities, before the armistice associates. /business, tiding over a debtor or savr brought about a cessation of the HOUSEWIVES MINISTERS ing an estate from the sheriff, provid- 11. And the soliciting agent of slaughter of policyholders, a world legal reserve life insurance is the genuine ing for old age or covering loss of em- wide epidemic of influenza was explovment, I. W. W.—Insistent Welfare without discount, debate or perienced and the normal mortality of and all others who do any writing at all. delay, life insurance performs its Worker of the World—who is derided the companies was doubled and in great duties. by the procrastinating husband and many cases redoubled. Again the institution The life insurance contract is the father, but welcomed by the bereaved demonstrated its marvelous Some of its Many Features are— highest form of agreement thus far widow and orphan. He is the most perfection as a business enterprise and devised by man. It is the only gainful helpful colporteuf of co-operation, and not a single contract was repudiated undertaking which is not based to him and his kind America is indebted or a loss scaled. upon the relation of gain and loss. for the greatest thing in this The United States assumed an ul- STANDARD KEYBOARD FULL SET FIGURES & CHARACTERS world of struggle and selfish strife— Every other character of commercial' timate possible liability of more than advantage contemplates loss on one the Institution called legal reserve $40,000,000,000 upon the lives of its side, if there be gain on the other, in life insurance. soldiers and sailors, charging the TWO COLOR RIBBON (if wanted) FEED ROLL RELEASE every step of every transaction. Legal legal reserve net premium, only for reserve life insurance is a recurring its proposed idemnity. The greatest TWO LINE SPACE ADJUSTER Truly Mathematical Prodigy. BACK SPACER succession of gains. and richest government of the world The mathematical prodigy, whose Actuarially, legal reserve life insurance stood back of its contracts and based case Is reported in the Lancet, was is a system of equations. MARGINAL STOPS AND RELEASE A ONE YEAR GUARANTEE its ability to meet unheard of possible able to give the square root of any Theoretically, every persistent policyholder number running into four figures, losses upon legal reserve life insurance In an average of four seconds, and the in a legal reserve life insurance principles and the American mortality and all other equipment of the Standard REMINGTON and it cube root of any number running into company lives out his expectancy. tables with 3*4 per cent interest. six figures in six seconds. He gave The premiums he pays on his policy Again the foundation of the most the cube root of 465,474,375 (which Is WEIGHS ONLY 11 POUNDS, INCLUDING THE CASE increased by compound interest, are wonderful business in the world was 775) in 13'seconds. These feats, and the mathematical equivalent of the shown to be sound. The government others even more remarkable, he performed sum payable at the maturity of the has carried its tremendous risk without without resort to writing, as contract plus expenses and, in case of. adding a dollar to the net premium he was blind from birth. The above are only a few of the many. excellent features of this machine. mutual companies, the refunds misnamed rates fixed by the experience of the dividends or divided additions. OliFishloned Notion. Come in and look it over. See what you have been missing all the time by not hav­ companies, assuming voluntary the "The coffee is good here, the wait* Out No Money expense element, but standing safely ing one of these handy little machines. Or just phone 32 and we will faring the machine ers attentive and the music and vaudeville When a policy matures by its terms upon the mortality tables and the reserve superior. Besides, I dont think the net premium payments and accretions which life insurance has made to you without the slightest obligation on your part. you will find a more tastefully decorated are returned to the contributing the groundwork of its great growth place in the city." policyholder or his beneficiary. and its history and beneficence. 1 agree with all you say," replied Mathematically considered, the company Must Be Sold the visitor, who was being shown PRICED AT $60-SOLD ON EASY PAYMENTS is out no money, the policyholder In passing, it may further remarked, •bout town, "but occasionally I go a into restaurant for the purpose of has had protection throughout the that the government has getting something to eat."—Birmingham term of the contract equivalent in demonstrated anew a fact that life insurance Age-Herald. money to his payments year by year, is not bought but must be A. BY and the beneficiary is enriched by the sold. The forty billions written under She Guffawed Then. amount paid' b'y the company in settlement the pressure of war opportunities and Sam—I never see you with Miss of the policy obligation. The conditions, has lapsed to much less Glddlnga any more. community where the beneficiary resides than one billion in volume, because Loo—No I couldn't stand her vulgar has the amount received by the in the parlance of the business, the laughing. beneficiary added to its aggregate policies of life insurance taken by Sam—So! I hadn't noticed It wealth. There is no loss anywhere Lou—No, you weren't around when not sold. soldiers and sailors were I proposed to her. along the line, for each party to the and saves The personal appeal secures contract from the agent who solicits and protects beneficiary. the policy the 1 V. International Falls, Minnesota Forest Preventable Fires, and the medical examiner who examines, oratory and statistics Advertising, MOTS than HMfcOOO forest HTM' have to the community of which the are ineffective unless they are -I *c •centred in the United Spates dating -1. beneficiary is apart has been compen- fc followed up by* the solicitation of the T.j Uil^ated. y«an. th* p«st five Of these, 80 per E I I insurance salesman. life and esnt were due t« human agencies It will be urged by actuaribs The life: insurance companies of were therefore preventable.