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3 Thursday, October 6, f921. i. 1 SCHOOL N OTES ., N Editor, Edith Hansen Arthur Nunstedt and Adolphf Tof tey made a trip to Duluth Friday morning in Arthur's Ford. ,They re ported a good time, The class in Algebra is Studying simple equations'.. The Sophomores and Juniors are Volstead! act are all home on bail, practicing for their literary society program which is to be given Friday afternoon. Sunday evening Mrs. Spooner re turned from' Duluth where she,has been spending the past week with Mrs. Andert who has undergone an operation. The class) in Modern History has finished studying the introduction of the text, Modern History, and is now finishing the study of Part I, the "Age of the Reformation." The high school pupils and teach ers had their supper on the rocks last Wednesday evening. They had a very fine time. The lists of library books for the English classes have been given out. Sunday afternoon Christina Clinch entertained a few of her girl friends at a formal afternoon tea. The Freshmen and Seniors have chosen "Prc^gressive" to be the name of their literary society. Evelyn Amyftte began school, last Monday. The class in physiology has1 been studying the fermentation of alcohol. The school pupils had a holiday on "Blessed Labor was born unto all that is human, Through the charms of a snake and the weakness of woman. Men do not repine, but increase their endurance And strengthen thefr work by the aid of Insurance." To the people of Cook County I bring greeting and the assurance that from the standpoint of quick determinaion there is no investment you ever have made or ever can make that will compare with the purchase of a Legal Reserve, Old Line Life Insurance policy, since from the moment- it is taken it is worth, in so many ways so many times more than the small amount required as a prem ium deposit each year. The Company or agent who uses the .word cost, net cost, or dividends in connection with a life insurance argument shows a deplorable lack of business acumen and a lamentable want of understanding of the benefi cent and altruistic 'side of this! great business. It is not a question of what a man pays, it is what he gets that counts, and the honest, intelli gent agent makes it a point to show the prospect that whatever he pays is not a cost or expense, but a sav ing, a protection, and in the event of death or disability an investment such as he cannot make in any other way. I always fight shy of the guy, who before he will buy wants a guarantee of 10 per cent on the money he puts away to protect his family and pro vide for his own old age. It is one thing to pay a dividend but quite another thing to earn it. No Company, no matter how young or how old, has an actual earning ca- Ij pacity of more than 6 per cent and ^.any dividend paid of more than that| sum is simply the refund of the over-Jj charge made in the interest of safe- J' ty. The dividend is about the only.! condition in a life insurance policy jj that is not guaranteed. Friday so,, that, they could spe^the county fair. The Home Economics Club held its second meeting Tuesday after school. The Swastika Literary Society will give its first program next Friday af ternoon. We all hope it will be a ^ood one. Four of the high school girls hiked out to ther^Prary cottage Saturday afternoon. Counting Your Money will occupy you* entire time when you become a regular advertiser in THIJ PAPER. Unless you have &n antipathy for labor of this kind, call us up and we'll be glad to come and talk over our proposition. 4 Each new age breeds its new ne* cessities and Life Insurance stands out as the foremost requisite in this period of greed through which civil ization is passing. But like the in- j| troduction of every good thing it has j| been forced to overcome ignorance, superstition and doubt and notwith standing the widespread prejudice and 'opposition to this most broad and liberal method of slaving and pro tection, these Legal Reserve, Old Line Life Insurance companies have grown with the sturdiness of an overtower ing oak, adding ring after ring of strength and beneficence as the years have come and gone, until they stand today as the first great money and business enterprise in all the world. These all-powerful, gigantic institu tions of financial strength and bene ficence stand as a living tribute to American thrift, industry and fru gality, there being more than forty ft billions of Old Line Insurance in force in America today. The great railroad interests are second in business volume and money value with about twenty billions of investments. But when the Govern ment took over these transportation corporations, as a war measure in 1917, it was found that more than 10 per cent of these public utility en terprises were in he hands of re ceivers and being operated at a loste. The Legal Reserve, Old Line Life Insurance companies, standing first in size, strength and stability, have the further unique distinction of be ing the only great business enter prise in which there has' never been a single failure. The keenest active business and professional men everywhere carry from $50,000to four and a half mill ion of Insurance. If it is necessary for these men, with all their wealth and with all their opportunities for the investment of every dollar they can get their hands on, to carry this form of credit and protection, it is •a pretty good thing for you and me to know why they do it and the very reasons they give for doing so are the exact causes that should impel every man to carry all he can pos sibly afford. They say: The fortunes of men are fickle, the millionaire of today easily becomes the pauper of tomorrow that the savings of a life time can easily slip through a man's fingers in 30 days that successt'has its awful dangers that the more, a man has the more desperate chances he is apt to take in order to get more that no man~should put all is' profits back into his business that it enables a man after everything else is lost to still leave such an estate as will keep his dependent ones! com fortable. To show you what the best busi ness men in the world today think of Life Insurance it is only necessary to cite you to the fact that Rodman Wanamaker carries four and a half million, John Wanamaker three and a half million, and J. Pierpont Mor gan two and a half million. Theste three men carry ten million, five hun dred thousand. Money paid for Life Insurance is money saved and so we say, Happy the man, and happy he alone, Who, having healtjh, can call today his own But happier he, who -to himself can say, "Tomorrow, do thy worst, for I in sured today." Uncle Sam has recently made the following startling announcements: "Thirty-fiye per cent of the widows in America today are in want." "Life Insurance has decreased pau perism morfe than thirty-three and one-third per cent in thirty-five years." COUNTY N^lwi^ flliAIID MARAIS,lffiNNESOTA "Seven-eighths of all the money left by married men for their de pendents^s derived from Life Insur ance." In the face of these apalling facts and others too numerous' to mention in a brief article, no company or agent. need resort to misrepresenta tion or falsehood in order to procure its fair and proportionate share of the business. In this connection I desire to call the attention of the insuring public of Cook County to the glaring mis1 representations made in an adver tisement in this paper's issue of September 22nd under the caption, "Hark-Listen." It is the first time an agent of the Mutual Life has ever asked the public to hark back to 1905 and listen to the service the Company was rendering the public under the autocratip one-man power manage ment of its president at that time, McCurdy, who procured a million proxies from the policy holders and voted himself a salary of $150,000 per annum and voted his relatives into positions of no importance and paid them princely salaries. And it would seem that they are still squandering the policy-holders1' money since this agent boasts of just having returned from a junketing trip to New York at the expense of the policy-holders for information of no special value that could' as well have been con veyed by a 2-cent stamp. I should have paid no attention to the absurd statements contained in that ad if the people had any means of ascertaining the facts without go ing to considerable trouble and ex pense. The only sensible statement con tained in the entire ad is his invita tion to the ^prospect to "investigate before placing your insurance with any Company." His egotism leads me to think he erred even in this statement.' He no doubt meant to have said "any other" company than his. To disprove his first claim, or statement, that their new policies are' the "most liberal," I need but submit a comparative statement showing the advantages our own company, the Hoqfie Life of New York, has over the Mutual Life, and the Home is only one of a number of companies that have a similar advantage. The Home Life policies are abso lutely incontestable from date of issue as to residence, travel or occupation. The Mutual Life policies are not in contestable until after two years and certain hazardous occupations void the Mutual! policy if entered into during the first year. The Home has a premium loan on Limited Payment Life and Endow ment policies' at the end of the first year and cash, loan, paid-up partici pating and extended insurance at the end of the second year. The Mutual J. H. HEALY. GENERAL AGENT Home is a matter tobacco quality Life Insurance Company of New York We state it as our honest belief that the tobaccos used in Chester field are of finer quality (and hence of betten taste) than in any other cigarette at the price. Liggett & Myers Tobacco Co. CIGARETTES of Turkish and Domestic tobaccos—blended Life has none of these privileges until the end-of the third year. For example: If a policy-holder at age 35 quits after making two full pay ments on a $10,000, 20-Payment Life policy the Mutual would give him nothing, while the Home would loan him, or return to .him in cash $297.20, or give him a paid-up, participating policy, payable at his death, of $680, or carry him for the face of the pol icy for three years and four months! further and if he died within that period would pay the full $10,000. The fixed premium charge of the Mutual on an Ordinary Life policy for $10,000 at age 35 is $281.10 that of the Home is $263.50, making a net difference in 20 years of $352.20 in favor of the Home Life. On a 20-Payment Life for $10,000 at age 35' the Mutual fixed charge is $383.40 that of the Home is $362.20, making a difference in 20 years of $498.50 in favor or the Home. On Endowment for a like amount and-at the same age the fixed rate difference is $324 in 20 years in favor of the Home. The- cash surrender values at the end of 20 years are alike in both companies, since both are on a 3 per cent reserve basis. The Accidental Death Benefit lim itation is 60 days in the Mutual pol icy, and 90 days1 in the Home. The Disability feature of the Mu tual requires the severance of the limbs, while the Home Life simply requires the loss of the use of the limbs. The Mutual Life charge 4 per cent on s'emi-annual premium payments, the Home Life 2 per cent. On quar terly premiums the Mutual charge 6 per cent, the Home 4 per cent. No agent can change one word in a policy contract and the above irre futable facts are contained in the policies filed with the Insurance De partment as of January 1, 1921. Second: To prove his claim of "lowest net cost" as jabstolutely wrong I submit a list of twenty-three com panies whose net cost is lower than the Mutual Life: Ten Year net at age 35 "on an Ordinary Life— Mutual Life of New York.. .$17.02 Bankers!' Life, la 16.68 Connecticut General 15.82 Connecticut Mutual 16.96 Continental Life 16.85 Equitable of Iowa 16.20 Geo. Washington Life '.. 16.91 Home Life of New York.... 17.02 Indianapolis Life 16.07 John Hancock 16.65 Massachusetts Mutual ...... 15.93 Midland Mutual 15.60 Mutual Benefit 15.70 National Life, Vermont 16.49 New England! Mutual ,16.61 Northwestern Mutual .15.71 Penn Mutual 16.36 Phoenix Mutual 16.92 PACE Five $£9$m #r Blacksmith HORSESHOEING and REPAIR WORK Dealers in Wagons, PloWs and Farm Machinery 6 S Reasonable Prices Sam Bally GrandaMarais, Minn. The Advertised Article is one in which the merchant himself has implicit faith— eiae he would not advertise It, Yon are safe in patronising the merchants whose ads appear in this paper because their goods are np-to-date and never shopworn. Presbyterian Ministers Fund. 14.04 Provident Life 15.53 Register Life 14.99 State Mutual 16.58 Union Central 15.87 Third: The above list also dis proves his third claim of "maturing policies in shorter time than any other company.' Fourth: The less said about the company's "reputation"' the better. While no man dares question the sta bility of the Mutual Life, it certainly has a past to live down. There are three companies larger than the Mutual Life as follows: Assets. Liabilities. Metropolitan Life— $917,915,780 $6,380,012,514 Prudential Life— 619,877,217 5,096.021,744 New York Life— 759,017,764 3,537,298,756 Mutual Life— 561,961,485 2,357,973 121 The above figures are according to the sworn statements of the compan ies to the Insurance Departments dated January 1, 1921. Neither is his claim that the Mu tual is the oldest American Insurance company true, since the Presbyterian Ministers Fund was' organized in Phil adelphia in 1759—84 years before any other company was organized—and1 it is running today and has all compan ies beaten for net annual deposit. Now if Mr. Simonson is a good siport he will donate the $25 he so foolishly offered to the horticultural interests of Cook county and go for ward in the future, if he would suc ceed, with truth on his pen and tongue, since confidence is the key stone in the archway of this first great American business enterprise of Life Insurance Underwriting. One should exercise the same cau tious care in the purchase of a Life Insurance policy that he would in the purchase of a home or a piece of real estate. Get sample policies from sev eral companies at your exact age for the amount you expect to buy and then read vhe contracts, since they are all that bind you or the company, and then purchase the policy you think will do the most for you if you live or those you love if you chance to die. Lundquist Bros, of Grand Marais are special agents of the Home Life and will be very glad to furnish you with sample policies and assist you in every way in solving your life in surance problems. Give them your ages and get our samples. Count that day lost whose low de scending sun Finds you with health impaired and no insurance done. Respectfully submitted,