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About The gazette-times. (Heppner, Or.) 1912-1925 | View Entire Issue (Feb. 2, 1922)
THE fiAZKTTK-TIMKS. I1EITXKK, OliKGON, THURSDAY, FEB. 2, 1922. ISSURAKCE IS SOURCE OF STBEHGTH TO HATIflH By-Products of Institution Said to Aid Economic Balance of the United States. Saving Habits Often Started With Insurance Lead to New and Better Conditions. By V. L. Alexander, Secretary Equitable Life Insurance Society. Editor's Note. A new note for the average man is struck in the fol lowing article by W. L. Alexander, secretary of one of the world's great est insurance companies, the Equit able Life Assurance Society. The mere fact of his official position with the company insures his familiarity with his subject. In addition he shows that insurance is not merely a force whose direct benefits to Us im mediate policy holders is its sole title to life and growth. Life insurance is now exerting an influence of far reaching importance in the development of our Nation. While the serv ices it is thus render ing are of enormous value, they at tract little attention because they cover, so to speak, only the by-pro ducts of life insurance. Let me ex plain. The chief province of life insur ance is to protect the individual against the financial injuries that fol low in the train of death. Now, is it conceivable that any of the by-products referred to here can be as use ful as this? Let us see. One of these by-products is the value of life insurance in teaching thrift to individuals thus strengthen ing the Nation composed of these in dividuals. If it is true that life insurance is the best of all teachers and promot ers of thrift and it is then the ex traordinary importance of this by product will be obvious; for every one knows that most of the ordinary schemes for the promotion of thrift are ineffective and disappointing. Money Lies Idle. Money laid aside for investment in ordinary ways usually lies idle, or is spent to relieve temporary embarass ment, or is sunk in business ven tures. Multitudes of people with praise worthy motives start savings bank accounts. But they soon tire of mak ing deposits. Or, if deposits are made and some pinch comes, the money is withdrawn and spent. But the man who agrees to depos it a specific sum periodically with a life insurance company, enters into a contract under which these depos its become obligatory. And although he is free to stop making them he cannot do so without sacrifice and without breaking his agreement. Consequently a pressure is exerted which strengthens his purpose and aids him in fulfilling the obligation he has voluntarily assumed. In addition to this, he is taught sys tematic habits of saving. His pay ments fall due at regular intervals. Whenever he is forgetful or dilatory ht is reminded of his obligation and aided in meeting it. There is no oth et method of saving, moreover, that i as convenient and easily carried cut. Small Savings. It must be noted also that the small savings of innumerable indi viduals flow in tiny rills into the great investment reservoirs of the insur ance companies. Thus, funds which would otherwise lie idle are used to develop the industries of the nation. Malicious people have sometimes as serted that the companies hoard the money received from their policy' holders. The reverse of this is true.' The companies are paying every in death claims, matured endowments dividends and other benefits, quite as much money as they are taking in. In addition to this they are constantly investing their funds in the different states and are thus aiding in the de velopment of the industries of the country. Note what Lawrence F. Abbott of the Outlook has said in this connection: "The American public does not yet even begin to realize what the life insurance companies have done in the way of enabling the indivdual citizen to save his money and to put i to useful work, not only in pro moting his own prosperity but also in developing the resources and gen eral welfare of the country. What are these gigantic assets do ing? They are building railroads, erecting mills and factories, clearing land, cultivating farms, and furnish ing much of the industrial power and energy which has made the people of the United States the greatest nation in the world." Note also what Mr. Abbott has said about the value of life insurance as a teacher of thrift to the individual. "Take a young man of twenty who is starting out in his business career. I can argue with him to open a sav ings bank account until both he and I are black in the face, but without success. Suppose I do prevail upon him and he makes the start. Nine times out of ten his regular deposits fall into innocous desuetude. Finally he draws out his balance to meet some emergency, and the enterprise ended. But. if I can persuade him to take out a life insurance policy he is compelled to pay the premium an ually and regularly in order to get the full benefit of the undertaking. : It is the regular annual premium that j forms the compulsory motive." Economic Betterments. Another indirect way in which life i insurance benefits the state and na- ition is by increasing the number of j I self-respecting, self-reliant, self-sup-! porting people; thus reducing the di rect expenses of the state and nation for asylums, police departments. arencies of justice, jails, wardens.; homes for the destitute, poorhouses and hospitals. This being so, it is to be hoped that the time will soon come when the Federal and State governments will remove at least a part of the heavy burden of taxation that now falls on that thrifty section of our people who invest their sav ings in life insurance. That the com panies should pay for the expenses of the departments that supervise them is reasonable, but beyond that life insurance should be fostered and not penalized. There, are many other indirect ways in which life insurance benefits ; the individual and through the indi-j dividual the nation. The man, for ex- j ample, who carries life insurance se cures a valuable endorsement in bus- j iness circles. His financial strength is increased. His credit is improved. His life insurance protects him : against business risks, and safe- j guards his enterprises during their development. It provides for the payment of his inheritance taxes, thus leaving his estate unimpaired! for his heirs. Thus he becomes a bet ter, stronger, more useful citizen. Nothing causes more apprehen-i sion at the present time than the con- j flict between capital and labor. And here life insurance steps in and en ables the employer to give protec tion to the families of his employes by means of "Group Insurance," thus aiding him in removing prejudices and establishing good will. - I By relieving men of worry and anxiety life insurance also maintains : their health and increases their effi-! ciency. And when they are taken ill their insurance often becomes a po- j tent aid in hastening their recovery. ! Has not enough been said to prove that every patriotic American, every philanthropist, every man with civic pride, should advocate life insur ance, if for no other reason than be cause of its power in buttressing our nation? and that the Freshman are honoring with a party on that evening. On Friday evening of this week there will be a basketball game be tween Hardinan high school team and the second team of our high ehool. On Saturday night there will be another came between Condon high school and our first team. These sanies will be played on the home or. We need a large crowd at thtse games to help our boys win. ! TONSILETTS For Tonsilitis and sore throats, i Keep them on hand and take right in the beginning. It relieves like mjgc. ABSOLUTELY HARMLESS, sat isfaction guaranteed or money re funded. Send $2 for a trial bottle, ; 130 doses and you will never be with out them. Reference 1st National Bank. J. F. TITUS, M. D. Eugene, Ore. Window Sale Humphreys Drug Store Saturday, February 4th All Day Everything Good to Eat Candy, Cake, Bread, Salads, etc. Given by Y. P. S. C. E- of Christian Church Alfalfa Hay For Sale. I have a little over 200 tons of 1920 crop which would do for feed ing stock cattle. Will sell cheap if taken soon. Inquire at my ranch, Si2 miles below forks of Butter creek, next to M. S. Corrigall ranch. C. P, Bowman, Echo, Ore. Henrv Stohler, bookkeeper in the Fiist National Bank for the past year departed on Sunday for Banks, Ore- eon, where he has accepted a posi tion in a bank. The approaches are beng filled in at the May street bridge and the same put in shape to accomodate the public and vehicles will be allowed to use the bridge from now on. HEPPNER HI LIFE (Continued from Firit Page.) studying county government for the past few days and in order that they might see some of the county court procedure, they visited the court house again last Wednesday. Last Thursday, Mr. Heard an nounced that the 5th period classes would be changed to 35 minutes in length and the sixth to 45 minutes; by doing this the larger classes are given more time. The last number of the lyceum course has been cancelled because of the financial state of . the treasury, but to give the holders of adult sea son tickets value for their money they will be admitted to the operetta for their season tickets and the addi tional sum of 25 cents. Like to hear people contradict each other? Come to the program Feb ruary 10. Mrs. McNamer is teaching Mrs. Clark's grade at present. Mrs. Clark has been absent for some time on ac count of her mother's serious illness; however, she is expected home soon. From the sounds that came forth from the music room Monday one would think some terrible disaster nad happened to the girls who were practising the military drill. The real reason has not been found out, but we suppose someone stepped on the other person's toe. Attendance for the month ending Januarc 27, 1922, shows that the 8th grade had the highest, 98.7 per cent. The opportunity room was second with 98 per cent, and the 4th third with 97.8 per cent. A marked ab sence due to severe colds was noted in the 1st grade but no other room seems to have suffered so far from the usual epidemic. The Freshman English classes are beginning a study of a classic con taining narrative poems by Coleridge, Arnold and Tennyson. The barbers are evidently "raking in" the cash in exchange for "bobs" for we have just added two more shorn lambs to the flock in the hign school. The three upper classes have heard some good news this week and we are eagerly looking forward to the evening of Friday, February 17th. We hope that it is not a false report IP- -t 4 f . ? III .4 i iCJ Mju ji.n ! fl Ji ""mrifrn-ir TnTiiWiitt'iiMm First Christian Church Harman-Gates National Evangelists Wonderful Sermons Inspiring Music Exceptional Interest Come Hear Them Every Night Except Monday tar Theater Program February 2 to 8 Inclusive FRIDAY, FEBRUARY 3rd EDITH ROBERTS in "OPENED SHUTTERS" The story of a young orphan left to the care of straight-laced relatives who finds life a drab and dreary existence until she comes under the benign influence of a philosopher who teaches the gospel of right thinking; of a new outlook on life which brings the little heroine love and happiness. Also WINNERS OF THE WEST SATURDAY, FEBRUARY 4th MONTE BLUE in "A PERFECT CRIME" A comedy drama from Carl Clausen's Saturday Evening Post story. The ro mance of a make-believe bank robber. Also SKIPPER two-reel side splitter. SUNDAY AND MONDAY, FEBRUARY 5th and 6th "Treasure Island" By Robert Louis Stevenson. One of the best loved stories in all litsrature. ThriUingly Re-created. With a huge cast including Shirley Mason and Lon Chaney. A PICTURE YOU WILL ALWAYS WANT TO REMEMBER. 20 and 30 Cts. TUESDAY, FEBRUARY 7th ELINOR FIELD in "HEARTS AND MASKS" Fast moving, breezy picture filled with action, humor, mystery and charm. Don't miss it. Also two-reel comedy. WEDNESDAY AND THURSDAY, FEBRUARY 8 and 9 CORRINNE GRIFFITH in "THE BROADWAY BUBBLE" A sensational story of a beautiful society woman's stage ambitions and her at tempts to achieve fame in a theatrical career without her husband's knowledge. Startling events. Tense situations. Sustained suspense. Also Larry Semon in THE STAGE HAND. IIIIIIIIIIIIIIIIIIIIMIIIIIlllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllU SPECIAL BARGAINS AT . 1 The Cash Variety Store 6 CUPS AND SAUCERS, plain white and white and gold $1.25 TUMBLERS 5 Cents Each SUGAR AND CREAMERS, per set 50 Cents 1 1 Big Values For Little Money Embroidery and Crochet Cotton in. All the f new colors. iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiuiiiiiiiiiiimiiiiiiiiiiiiiiiiitiik?. Have that damaged tread fixed before it causes a lot of blow outs and punctures and costs you five or six times the price of having it repaired. Bring It Here! We will vulcanize it making it as good as new. Have any tire trouble? Bring it here C. V. HOPPER TIRE SHOP Tri-State Terminal Building. BUSINESS POOR? It can be made bet ter quicker by a lib eral application of Advertisin than by any other means. Give it the real test it deserves. 1
