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l 6- IK' SOUT HERN LIFE INSURANCE. Editorial From Courler-Journil Juit 8, 1909. Au From timo to time tlioro comes rtlbng a Bubstantial testimonial of the South's financial progress. Do volopnient Is a word constantly In creasing In usage In our vocabulary. Opportunities that woro onco per mitted to co mo and go unhoodod are now caught and nallod down. Lan quld ludllTerence more frequently than formerly cots a jolt from ag. gros'slvetioBS and tho Southern bust neea world profits as a result of (ho encounter. A striking illustration of this latter-day tendencv to curb suspicion of enterprise and wolcomo Southern progress came recently with tho an nouncement that plans are -under way for the organization of a great life Insurance company for the South with headquarters In Ken tucky. It 1b significant thai- tho proposition lias been roceivod by the many as seriously as It waa launched by the few sincerely. Twonty, ton or even flvo yoarB ago the announcement would havo mot with scant welcome. To-day It seems to have, been recolved with a cordiality not unmixed with enthu siasm. Men recognize In It an agency of benefit for both Kentucky and the South and consequently a personal friend. The moment tho swaddliugclothes were ripped oil tho Citizens National Life Insurance Company an organ Jyation which is to have $5,000,000 of sapital stock and $0,000,000 ot sur plus people began to life up their headB and. take notice. Since then, it is declared, letters and telegrams have poured in on tho promoters from every seotlon of tho South actually wishing God-speed to the enterprise. That the interest has not been liml'ted to merely verbose sentiment, is demonstrated by the substantial financial support prof fered with every arrival of the mail. The man who Is even more than a casual student of current ovents 1b Impressed when introduced to to the magnitude of the life insur ance business in the Unitod Statos. Oat of apparently bowlldorlng vol umes of statistics be can, readily gain, however, a conception, daz zling In ImpressIvoneBS and partlou IfttJy useful in an understandable contemplation of the real meaning to tb'j territory south of tho Mason andDh u line of the establishment therein of .the proposed Citizens National Life. - It is well to bear in mind that the Bast In particular has until most re cent year enloyed 'what may almost be described aB a monopoly of the life insurance business. While Easterners have drawn with tre mendous profit to themselves the money from Southern policy holders, they must also bo credltod with possessing increasing faith in life insurance. In 1873 the total amount In poli cies reported to the New York In surance Department was $2,008,027, 178. Tills total had increased at the end of 1008 to $10,023,733,785. New York City's life insurance assets aggregated In 1008$l,725,000.000Hart ford, Conn., has a population of 80, 000. It had life Insurance; assetB in 1D0S of $200,000,000. Montpeller, Vt., has a population ot 7,000, and in 1008 had life Insurance assots of $44,000, 000, or $0,428 per oaplta. These flg however, do not convey their full significance until contrasted with Louisville's aggregate life insurance assets in 1008 ot about $2,000,000 with a population of about 250,000. There Ib no end to the evidence that life Insurance business is profitable for a community. We are wont to turn eternally to Now York when we study things finan cial. One prominent New York company twoniy years ago had a little over $0,000,000 of assets. Its statement showed assetB in 1908 of $280,000,000, and the asBeta have probably Inoreased to about a quar ter ot a billion dollars to-day. Four prominent metropolitan life insur ance companies In 1008 had a total income of $807,837,188. Allowing three-hundred business days for the year, thU meana that these four companies alone pumped through the artene s of New York City's financial nttd business system last year upwards of $1,120,000 every daj. Indianapolis, which Is only a little over 100 milps from Louisville has SQinbthlug like twenty life Insur ance oompauleb, and tho business In Indiana has beeu growing fast. The am mint paid for life Iiibun ance premiums in Kentucky last year was $7.S7ft,8BJ, and the Smith Is now paving out fur life insurance about sixty millions or dollars an nually, Kentucky hhuuld livn a big Hie lukuinuc company. It Is tho first Southern State to offer to pollov ladders the gjai antes of a compul sion reserve deposit law. The Satue iow in ff.-ot was iwotJ Mai t t it i Jt iruvnfe thatlthewfur. ovory domestic life insurance com pany must deposit with tho State xroasuror for the security and ben efit of all Its policyholders, an amount equal to or groater than tho ascertained net cash value of all such company's policios In force. It is worthy of note that tho mon who fought for this law were tho managers of the Citizens Life In surance Company and tho same gentlomen who aro now promoting tho CItlaens National LIfo, The plan In brlof of the Citizens National LIfo Insurance Company Is first to merge into it the Citizens Life Insurance Company. As al ready indicated, the same who dur ing tho past five years have made life insurance hiutor through the exceptional development of the lat ter company aro the guiding spirits of the new organization. The fur thcr purpose of the now company is to take over other companies of the South nnd elsewhere which may de cide to discontinue business or may find it more profitable to consoli date with a company of trreat strength. There seems to be noth ing impracticable about the plan, uur noes it appear where anything but advantage can come to the policyholders and stockholders of trie Citizens Life or anv other com panies which may be merged Into the now company. No doubt the stockholders will see to it that a thoroughly equitable arrangement is carried out for the exchange of holdings in any existing company forsstock in now corporation. It is pointed out to policyholders ot tho Cltizons Life in particular and the same conditions must apply to tho policyholders of any other com pany merged into the big comnanv mat me consolidation will mean to them insurance In one of the strongest companies in the country, and for that matter, In the world. There are purchaser or life insur ance who do not care particularly for a big company. Some on the other hand will insure m no other kind, but no one objectB to a big company when seeking life insur ance protection. Thus the new company will not only secure busi ness from those who are content to buy lusurance from a small com pany, but to those who want to pur- chaoe very large or even small poli cies and demand great financial strength, it will Btand the severes. test. But there Is a deep Interest and significance to the general pub lic in the organization of a ten mil lion dollar insurance company in the South and au dded local inter est when It is considered that Ken tucky will be the home office of the company. Mr. W. H. Gregory, president of the Citizens Life and one if the guiding geniuses in the advancement or the new company, has in reciiut letter to the policy holders of his own company called particular attention tn what might be styled the Southern pnase of the situation. The points cannot bo well stated more clearly, anu wo quote from Ills letter: "The tremendous power gained by Suutnern people in the organiza tion of this company is the check it will put ou the flow of millions of dollars annually Jn life insurauce premiums from the South .to tho North and East. I believe confi dently that this will be one of the greatest things ever done financially for the South. "The South is coming to the front. It is making more progress than any other section of the country. Southern people have been awaken ed to the great power they have, once they band together. Take other lines of business the cottou mlllB, for instance. The South onco sent us cotton to New Eng land. There it was manufactured and sent back and sold at a goodly profit. The South paid the freight to New England on the raw materi al, paid the m a n u f a c turer In New Eugland a profit ou the goods handled and capital in vested, to say nothing of the mil lions and millions of dollars lott there to pay Northern lahor. But It Is changing the order of things. Tho capital of twenty-one millions once Invested in cotton mills in tho South has in recent years increased to three hundred millions. The people of.the South at one time did not appreciate Just what the cotton crop amounted to, and I dare say some do not know that every panic this country has, experienced in years has been ohecked and stopped by tho cotton orop. The people who raise cotton are a power. And they are beginning to realize it. And, likewise, Southern people aro beginning to realize their power in tho insurance world. "The thing that we wish to ac complish now is to have a oompauy troug enough to take care of the immense volume of business In the South. You can appreciate just what that means. At the time the Citfzttus Life wan organized, the Southern life insurance companies had practically no business on their Ibnuks. You i.iav be surprised, , w'i i I 'I th Southern companies to-day are car rying uearly ono-thlrd of a billion of dollars of life insuranco. The amount Is stupendous, yet it is only about 8 por cent of the total amount of insurance carrlod In the United States. "The big banks of the North and East have beon built up largely by lifo Insurance money, with the South all those years paying the freight, as it were, and the banks themselves have in turn been a powerful factor in (tho commercial development of the North aud iSast. Yet tho South pays out enough money each year In premiums fur lifo Insuranco to build up somo of the strongest banks In the' world in the South." The business associates and tho frlonds of Mr. Gregory, Mr. Helm Bruce, Mr. Charles D. Fearce atid tho other gentlemen who are striv ing Industriously for the success of this great enterprise have confi dence in their ability to carry It out. Kentucky will apparently have every good roason to pvrlde herself on being able to furnish tho homo for tho company. But great est good will come to the largest number by people of the South be ing able to lay proud claim to one moro great and poworful institution, destined to go through generations to Southland development and en-, terprlse. SEBET COULD NOT BE KEPT Evervbetfy Seemed to Know That This Couple Were Newly United In Matrimony. A Boston young man had married a Chicago girl, and they had started on their wedding tour. Despite or per haps because of their studied efforts to appear like "old married folks," their follow passengers on the railway train had no difficulty in classing 'them as bride uud groom, and mani fested their knowledge by winks, nods and grins. An unfortunate accident to the din ing car compelled the conductor to leave it on the sidetrack at a small station, and it was several hours be fore the train stopped for refresh ments at a town where there was a restaurant near the passenger station. It was by no means a first-class res taurant, but the traveler had a- first daso appetite and they swarmed into it With some difficulty the bride and groom found seats and presently a waitress came to take their order. "Where's your bill of fare?" asked the young man. "Wo havea't any to-day, sir," she answered. "Nor any other day perhaps?" "No, sir." "Well, what have you that you can recommend as being good to eat?" "We have some nice pork and beans." ( "Alfred," whispered tho bride, "everybody seems to know that we have Just been married, but how do you suppose this girl haa found out that I am from Chicago and that you are from Boston?" Youth's Compan ion. SLEEP FOR THE SLEEPLESS. How a French Specialist Goes to Work to Woo Slumber for His Wide Awake Patients. A French specialist has gome to the rescue of persons afflicted with insom mla. His method is somewhat vaguely described as "lulling the wideawakes to unconsciousness much as babies are put to slumber." "It is a perfect palace of peace that he has opened In lovely Touralne," says the Lady's Pictorial. "Here is never a disturbing sound. The silence is broken only by the absolutely mo notonous and soothing tick, tock, tick of solid grandfather clocks, and the scarcely perceptible drip of unseen fountains. "Everything is seen through a ceru lean haze, everybody moves in list slippers, the air Is fresh but full of faint perfume. Before the eyes of very refactory patients slowly revolve colored balls, not the smallest rose leaf being allowed to crumple in any bed, each being so designed that there is no possibility of tho body growing weary. Here, in fact, the wooing of sleep has beon made a posltivo sol ence, and it, is said no one can keep awake here, howover hard ho .may iry. Dog's Remarkable Intelligence. Thomas Jones, who ownes a big ranch on San Juan Island, lost a col lie dog last fall for nearly a month, and for several days searched the woods about his place zoalously for the animal, without success. One day he tossed a bone to another collie. In stead of gnawing it, he picked it up and. started for tho woods. Ho kept turning his head, apparently to seo If he was followed, and Jones concluded te follow him. The dog trotted along for about a mile and stopped at the edge of an abandoned well. Ho dropped t1 bono over tho tge of tho well mb got n ladder, climbed I down and lound the dog that had bean lost. There was only about two lnchoe of water in the well, but the animal would have starved to death had it not beon for tho other. The lost dog was in good condition, and as it had been missing 21 days tho other ani mal must have kept It supplied with food for nearly a month. Irish Proverb. Success often leads to Indolence. IRRIGATION WSm ON - ii i GREAT NATIONAL GATHERING AT SPOKANE, WASH. Attended by Thousands of Delegates and Others Interested In Reclaim ing the Deserts 4,000 Attend. Spokane, Wash., Aug. 9. "Save the forests, store the floods, reclaim tho deserts and make homes on tho land," is tho watchword of the Na tional Irrigation Congress which opened hero today. Tho meeting has attracted apostles of irrigation, deep waterways, good roads and conserva tion of resources, and recruits from various parts of this continent, Eng land, Germany, France, Hawaii, tho President G. E. Barstow. Philippine Islands, the Latin repub lics and China and Japan, representa tives of foreign nations and colonial governments, officials of the federal reclamation, forestry and agricultural departments, governors and members of state and territorial legislatures, railroad and bank presidents and members of agricultural, horticultural, commercial and fraternal organiza tions. Arrangements havo been made for the entertainment of about 4,000 ac credited delegates, and thousands of other visitors are coming In from the Irrigated districts of the west and of British Columbia, Alberta and Mani toba. President George E. Barstow, of Barstow, Tex., presides over the ses sions, and tho secretary is B. A. Fow ler, of Phoenix, Ariz. The regular program consists of ad dresses by officials of tho reclamation, forestry and agricultural departments of the United Staets, statesmen and scientists, railroad and financial men, promoters of the Carey act reclama tion projects and officials of private Irrigation enterprises. The federal department of agri culture has taken charge of a 20-acre tract of land In the Spokane valley, where the latest approved methods of supplying the soil with moisture by artificial means are being demon strated by irrigation experts. Parades, banquets, receptions and excursions are tho entertainment fea tures on the program. Tho congress closes Saturday. Stranded. "For goodness sake, Harriet, why so sad?" 'The cook's left, but that is not the worst of it! she took with her the recipe book for all the things John's mother used to make." Reality. Nothing Is high because It is in a high place; and nothing Is low be cause it is in a Iow one. Dickens. )1aftdKHf Believing that they WANT such a company; believing that they will SUPPORT such a company by subscribing for its stock we will publish in this paper every week the ' amount of subscriptions to date. The work of getting subscriptions was begun Monday, July 26 ; and below are theamounts of subscriptions for each week; First week, August 2 $106H960JQ f Free Toillon. All eligible persons aro entitled t freo tuition in tho Westofn Ken tucky Stato Normal School. The Fall Session begins Soptomber 7, 1009. Write President H. H. Chor ry, Bowling Green, Ky., for infor mation. Office Repartee. "Tho blondo typewriter over th e carries her own headlight," remarked tho humorous b6okkcepor. "Yes," rejoined the bill clerk, "and you havo your own private' entry way." And tho offlco boy stared at them in astonishment, for he had his own stare-way. Foxey. "Papa Is a pretty good poker play er. Isn't he?" "Yes he isn't" "Why, he says ho wins from you every time you play together." "Of course ho does, but wait until you see what I do to papa when you and me are safely married." Aroused Curiosity. "Beg pardon," said tho hotel clerk, "but what is your name?" "Name!" echoed the Indignant guest, who had Just registered. "Don't you see my signature there on tho regis ter?" "I do," answered the clerk, calmly. "That Is what aroused my curiosity." Pretty Girl. Belinda Did you notice the quiver of her lips? Billy Yes. Belinda I wonder what it was do ing there? Billy Oh, I guess It belonged to the "Cupid's bow." Shut Her Off. "Which would you rather see," be gan Mrs. Wiggins, "a woman" "As a matter of fact," Interrupted Wiggins, without looking up from his paper, 'Td rather see a woman in the kitchen than on the lecture platform." Why Ho was Sorry. Church I've" lost all ray money In Wall Street. Gotham Oh, I'm " sorry! I was Just going to ask you to loan mo $5. Yonkers Statesman. Zeal. If our zeal were true and genuine we should be much more angry with a sinner than a heretic Addison. Undo Ezra Says: "Too often our neighbor's hoss or cow ain't no good Jest becuz it ain't our hoss or cow." Boston Herald. With More Voltage. Pennsylvania scientist found that a common horsefly was not affected by an electric shock strong enough to kill a horse. Hardy bird, the horse fly? Try it on the boll weevil and see where he ranks. New York Her ald. S- TRAINS HENDERSON to VIA L, H. & St. L. SCHEDULE Lv. HENDERSOU Lv. OWENSBORO ... Ar. LOUISVILLE .. . I EQUIPMENT DAY TRAINS I Equips! with Parlor Ctrtlfnd Flrit Clin Coachei. NIGHT TRAINS I EqulpM with Pullman SIeoerTal Fro Radioing Chair Cart. Believing that the people of Kentucky will be interested in the organization of the Citizens National Insurance compa ny Probably. "How do you supoflo the Venus' nor arm87" "She evldentlr rfmi them to grab her bath robo which can see is slipping otr." Houtte Post. L. World 8aved by Great Minds. Sohoponhauer: Without a few great minds mankind would loso iUself la the boundless sea of monstrous error and bowlldormont. At a Standstill. Hewitt -How Is your wife getting along?" Jewett "She Isn't getting along; she Is tho same ago she was when 1 marrlod her." Valuable Walnut Tree. Felled at Amorsham, near Harrow, England, a walnut tree measured 34 feet round, weighed ten tons and the trunk realized $245. Best Bait for Certain Fish. Worms known as "night walkers" are not merely a substitute bait for eels' catfish and bullheads, but are, in fact, the best bait that can be used. The Blarney. Rejected One Tls wishing I waa a gerrl, I am, Biddy, the way Td marry moself, an' show ye ye're not the only gerrl wid a purty face. Punch. Moved Immense Cedar Tree. A cedar treo weighing nearly tons has been moved 26 yards at PaA dockhurst, Sir Wectman Pearson's Sue sex (Eng.) residence A tunnel had to bo dug to free It Wants Him Nearer. It Is all right in books fer a girl to have a lover who worships her from afar, but outeldo of books she whM him to come a little neasear. Atehtooa Globe. A Speedy Substitute. "I would love, if enly once, to a swell luncheon." "Why not try sue oi anea apples and water?" a more American. Must Have Something to Attain. Alas for tho sclf-eattsiea. He wA Is without aspirations is peer iaiMstV For all life consists ta reaMzlaff m realized Ideals, and he who has n wk realized ideals Is already Aewt, aat knows it not. Lyman AfcfteU. Heavy Sentence. "I have decided to suspend yon sentence," the Judge began. "Rjr Mi Lord's sako, Judge, yon Cent Meant to say lifting a few chlokoM if hanging matter 1" His Fun. "What is your husband's Cggf amusement?" askod MM neighbor. "Doing things I dent matt to do," replied the wife quickly. Fame. Proud Author "Have you seen am new book? I hope you will loao m time in reading it" "You can bet est that. I lost time enough reading year last one." P A. I U. V "j LOUISVILLE 310 A.M. 4:00 .' 7:25 " ,i .." ,i',i f- & L, fl. & St. L. I f$fA.M.T 2.55 P. M. . 852 "3 45 J SW 12 58 P. M. 740 " JT sT p -RnBBHBHBlsVHIHa I M pi. i 'HI I. 'l Yi !!i w X " r JJ t J jj-yA .iHL4$ ) Jfckya nL a.i A -w- -. -.