Daily capital journal. (Salem, Or.) 1903-1919, January 22, 1908, Image 7

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Daily capital journal., January 22, 1908, Page 7, Image 7

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Newspaper Page TextDAILY CAPITAL JQTONAfi. SALEM. OKKOOX, WEDNESDAY, JANUARY 2, 1008. 7s Onfy On t'Bromo Quinine" Laxative Breme Quinine WEB rue Yfottus oveh to mum a mow mm day. XW tcfflombor tho full name. this signature on cveiy box. Look 25e. (Vl& rv&0 MODERN WOODMEN MUST ftE-AMJST QfestioH of Kates to Be Paid aid Siikiig Mi to Be Created is tfroaglit up l$y Me Document written by Head Clerk C, y,'. Hftwcs, of tho Modern Wood jgca of America, to every Insuranco tosaBlsrion in V. S. on subject of Kkquato rates, requesting freo com ntfBt.. Ho takes stand that M. W. A. mart advance rates of uicmborsliip, Lk strongly faTora n reserve fund on tfio snnio plan ns tho Woodmen of tho World. Tito head camp sefl rion which will have to decldo the questions meets next June.. Hnwcs says they cannot continue on present rates nnd pay their bcneflclnries. The 31. V. A. lias an aggregate of our si,;r-M,;iwii,ru(j inHumnce in force. Total membership In 801,000: tween tho ages and over the full tabular period. I havo given careful study to this featuro of tho rate question, and In formulating the suggestions em bodied In what follows in this re port, I hnvo had tho ablo actuarial assistance of Dr. O. E. West, chief of tho record department of the head dork's office, whoso ability and re liability In actuarial work is known to every member of tho council. I do not hesitate to ondorso, as abso lutely correct, tho rnto tables em braced In the several plana hereafter submitted for tho council's consider ation, and I am suro that thoso rates i .... . ...... . . U. S. lwm ,)0 'Ounu correct uy every com petent actuary. fr to meet Its Insuranco losses as they will maturo In tho future. It Is Every society, ours Included, of course, Bhould havo officers that tho members will feel inclined to trust. Officers not trusted by the members or policy holders or any society or company. havo no proper standing in tho official family and need not hero bo considered. I am inclined to tho view that whllo some few members of this and other societies may feel disposed to doubt, if It bo put to the test, tho Integrity of their officers, tho real objection to tho accumula tion of reservo funds Is tho supposed danger of loss through unwise In vestments, etc. . Lot It be kept In mind that wo are required to mako adequate rates that tho great mass of our merabors will bo ablo to pay; also low enough to permit and rccognlzo tho admission' of new mombers. Tho old neighbor, as related to rat readjustment, 1b our problem. As a matter of sentiment and frater nal duty, wo concede thatwomuBtbo cared for; but not at tho sacrifice-' of tho society's life, nor under plans that will stop Its growth, which evontunlly would -mean Its death. It 4s conceded that tho old mem ber of today has discharged his full obligation to tho society, In the sonBo that ho has paid for his Insurance all ho was called upon pay. From this point of view, he Is not indebt ed to tho society. On tho other hand, tho Illustrations of Individual costs In section B of this report. clearly prove from our own experi ence that the older members nro not paying their costs and that theso costs, to a greater or less extent, are being paid by 'the younger membors, the nmount of the deficit each old member creatoB bolng determined by his age, rate, etc. Nevertheless tho old momber cannot be criticized for not paying somothlng he wns never cnllod upon to pay, granting that ho should havo bcon called upon and beneficial members, wo cannot hope to meet cir futuro obligations; that, lo fact, our boneflclal members, measuring their contributions by tho owest morta'lty standnrd; and by our own experience, are paying for only a minor portion of the whole llfo Insuranco represented by tho certlflcntpg they hold. I do tint uimlt as a part of this 'port any "rompromlFO" rates, or half-way p'ans or mtnnurQs.pf..any kind. A I e it, ouV-sooUtyls; ro. quired to either nmko provisions to meet Its future obligations in full, m tbpy will mature from year to war. or whn the time cotnta con f if, inability to do ao. The oon- i.Uraticr of compromise-" rates or plan would limply be by way of da ferine the day of judgment. ' tli. adoption of ratea ami plant that wi i enable us to meat er rv Db'K'.iMon we have assumed, or v assunu- iu the future, ia worth nire. ir xV.. a-e t0 rwUln our poiI- 'ion a a ... (ety entitled to the oon fiden.o f jt, mnui,org gnd tht ,n, rinK .ni'i- BtpBclally s this true. ..in,-, ir t fBCt tnt wQ ftM ' in a portion where we may Jop plan and ratea that will prove wpiai, ,n the fr00t maig Qf our number, when the nenassItA- fn,. Wrali,tiR i, provtd i0 tneWt I trut that what follows will bring "me the conviction to every mam Jr of our executive counoll If. in. Jd, doubt n the pornt troated ex--and t ,-vpryfalr minded and , ant iHshbor. that not only do tho nr nm- tiun... . i. .. .; iiiuro our m- I should fool thnt tho society would bo JuUlflod In This experience Is submitted to I A roservo in tho pocket of tho tho council In proof of tho necessity "loniuors is nevor available whcn'8noujd hnvo imd lt cxiiltlnR for consideration of ways !", uy uio way. u noes noi earn , u t Umt 0,d nioinbora and monns that will enable tho socle- mtorosrt and make posslblo still low-' ,(1 nnf K,.... nn i,lf.Hnn,,(l Jo nnt or rates for tho members, and, iin-lthog, rnlM C() ,od wth RonorOM9 like tho reserve Invested under offl-' . 1n,nrou , , rn.nnao fn ihown conclusively that within tho clal antsplcos, Is usually dissipated our ymnK inon;bBrg ,vho nro not Minlt of twolce nsfossments per yoar ' the holders, who default on their b n . u f honog. or ,U8. and collecting the present rates from obligations nt maturity. I ., r frnlorlllt,. , contrlliuto mil- It should bo remarked hero time ,lons of ,,olInrg , roer for It can n fraternal bononclnry society llko t be mnlntalnod that It Is one mom Otis never default.") never repudiates Iop.B ,Hty of 0I10 c,nM ()f meinborg Jts obllgatlouB. Only the members' to HB9,8t , lmvnK tho ,U9Urnnc0 w..o in nici nro mo socioiy, can no C0flt8 of nilothor c,naa. mis. Kor yonrs they ohoerrully pay loss thnn cost for tholr protootlon, and when tho time comes for thorn to produce tholr so-called "pocket roservos," they wax Indignant and lapse out, damning tho society and Its ofllcera for what? For tholr In ability to oontluue to give them something for nothing. Th! ia the hlatory of the "pocket reeerve" ayateui. It has deprived hundreds of thoueauida of famlllea of luauranc protection. It owoj millions of dollare It will novor pay through refuaal or failure of in. m Itera to pay extra aafeMiuenta levied to meet old age loso Iouoh that serving notice on its old members that they cannot block the way to the society's salvation, on which over 738,000 other younger mombers and their dependents rely for protection; that they should either accept tho generous rollef provided, or tho so ciety would readjust on a basis re quiring them to pay full co3t for tholr insurance, without rollef. Tho continuance of tho old mem ber In good standing cannot, from a strictly business point" of viow, be held to bo essential to tho society's welfare. On tho contrnry, without tho old member, tho way to a com ploto and adequato readjustment Is Immensely simplified,' and can bo ac complished at any timo. Tho old mombors, in Bhort, can not bo permitted to endanger tho so ciety's perpetuity. In dollars and centB, they owo tho society, nnd tho Bocioty does not owo them. Undor some Buch plan as suggested, they would bo treated with a genoroua conslderatcness that should com mand their cordial endorsement and support. If they fall to appreclato thlB fact, tho responsibility for what might fQllow, would bo all theirs. In which ovont, a readjustment, ohorn of relief measures, would prob ably bo held by tho other 738,224 membors to bo Justlflablo from tho vlow point of Justice to thomsolvop. Wo nro in thnt position whore wo nro bound to offect readjustment at any cost on n basis generous and considerate 'to tho old mombors it ho will permit It; but, If ho will not, thon without regard to and without any provision for his rollef. Tho wolfnreof 90 per cent of our mom-, hers and their hcncflclnvlos Is of groator moment thnn, tho wolf nro of 10 por cent. This cannot bo denied. From tho slmplo fact that our neighbors nro month nftor month nnd y'onr nftor yoar paying assessments as lovlod we must concludo that they believe tho promises mndo by tho Bo cioty, represented by all certificates now In force, will bo redeemed at maturity, As our society Is now, nnd always has been In tho bunds of its members, wo must further concludo that, oiico they nrelnformcd ns to tho defects in present plnns and rates (Continued on pugo eight). HEARTILY ENDORSE COOPER REMEDIES Dealer and Patient at Hallowell, JKaine, Make State ments Under Oath. In connection with tho Intenso In torpst manifested by tho public nt largo in tho theory ot L. T, Cooper as to tho human stomach being tho sourco of noarly nil 111 health, th.0 statements of Mr. W. D. Spauldlng, ot Hallowoll, Mo., one ot tho oldest and best-known druggista In that state, and of Mrs. Frederick JIarvoy, a woll known nurso living In tho snmo place, will bo interesting to' thousands of porsons who aro today sufforlng from ailments directly traceablo to tho stomach. Tho fact' that theso statements aro mado vol untarily, under oath, removes all clement ot doubt. Tho statements follew: "Hallowoll, Maine, July 20, 1907. "To Tho Cooper Medlclno Co., "Dayton, Ohio. "Gentlemen Tho policy at Spauld Ing's drug otoro Is to gain tho por feot confidence of tho public by nev er rocommonding any medlclno or treatment until its virtues have boon fully established. Tho Cooper Rem edies woro to us an unknown qual ity, wo wcro very skeptical of their medlolunl vnluo, and It wns not un til sovornl of our customers had ro cclvod such bonoflclal roaults from tholr uso that wo could no longer doubt tholr vnluo that wo consontod to tako tho agency for tho Coopor Rotuodlos In this territory, heartily endorsing tho snmo. "Horowlth wo glvo tho testimonial of a lady whoso caso camo undor our parsonal observation from hor being n regular customor, and alio says: - " 'Clcntlomon of tho Coopor Modi clno Co., Dayton, Ohie: It la with plensnro I recommond your Now Dis covery medlclno, ot which I hare takon tho contents of throo bottles, and can today eat anything without Inconvonlonco to myself. For a number of years I had fluttered in tensely with sovoro headaches, sour stomach, Indigestion, pains In y sido, and .complications which mdo it oxcoedlngly hard tot me to accom plish oyqq my household work. Phy sicians, had Pjlvon mo dozens of pro scriptions, which failed to accom plish a euro or ovon relief. Your Now Discovery modlclne advertise ment attracted my attention, and I purchased a bottlo of tho medicine, which I took according to directions nnd?bcforo it was halt gono, I felt very muoh bettor; when I had taken tho contents of two bottles I gained courago to eat many thtngg which for years I bad doulcd myself, and found thoy cnusod mo no 111 effocta. Today, after having used throo bot tles of tho Now DIscovory, I can eat anything nnd foci that I am a well woman onco moro, nnd thorcforo would ndvlso anyono to tnko Coop or's Now Discovery, for I fool suro It will euro thorn.1 Mrs. Frederick Harvey, Hallowoll, Me. "Wo ondor&o tho nbovo testimon ial, undor oath, ns bolng corroct. "W. D. SPAULDING-., "Testimony. boforo mo undor ontli this 22nd day of July, 1907. "GEO. A. SAFFOUD, (Sonl.) Notary Public," Tho Coopor romodles havo proven omlnontly satisfactory whorovor In troduced. Wo will bo plonBod 'to explain tholr nnturo to anyono wish ing to know about them. Wo nro ngents. J. C. Perry. whare unprovided for In the years ofUSK A I!AKIX(3 proseprlty uuder the current coat KNOW NOTIIINfi I Inkfall 'PR PI I t-- m " a1 a Mf lilitiWMiWitfcllililfciltlitiiWllMWtilliWWMtitWrt1iiti Free Rural Mail Editionf BQSBBSMajnBH ttmrnM 1" POWDKIt YOU OF FOIt 1.K- syetem. On the other hand, the loaa IN'O Pl'Hl'OSFS. of rewarvea accumulnteil and Inveat- WHKX VOf INSIST OX VOUIt ed under ofUoial auparviilon amounts fiHOCKH SlPPIA'lSfi VOU WITH to practically nothing. KIM'MJY'S I'KIIFKCTIOX 1IAKIXO The argument U nil In favor of tho POWDER, YOU CAX liKLY OX SK. level rate '.iiealnst the annually In- CUniXtl THE KIND THAT WHJ weaaing rate, in my humblo Judg- PROVE SATISFACTORY TO YOU ment. Whllo it Is a difficult matter, IX EVERY RESPECT. ,hh USERS t beet, for any society with a large OF EPPnEY'S PERFECTION HAK memberahlp to readjust Its rates on IXCI POWDER HAVE NOTIIIXO adequate plana, still, If given the HUT WORDS OF PRAISE TO SAY choice, and If readjustment Is found REOARDIXG ITS RAKIXO QUAT.I to be Inevitable, the 'avorago mnn TIES. prefers a level rate, a rate that doe . not change with hla age, and that will permit him. during his produc tive young years, to provide a fund, j a reserve, to be employed for his re-, lief during the non-productive yoara of his old age. Tho average man will not. If he oan avoid It. acoept u ! matu-it ort plan of nrotectlon for his dependent ! that Imposes upon him and annually Increasing burden from year to year, and whlgh becomos moat burdouaomo 'H's uMllt.. i,. --'j i meet our futaire obllgatioua ,n P'aM. but that the time' 9 do Sound ratea. permitting the wy to redeem every promise It wad or will mak tB n It l to i,e remembartd that every wr our 4-iumd obllgatldn ap- I.11 ,,iat "iuch olosr the dates of in "low years In which ho Is least. M I - . " ' loagtr we delay, the ' HW to mf. - wasia to dalkatinv in. I Tha lftvi rata nlan. thrfnr i ab'e c nclualoRg, the larger muatn t lwt every requirement of e'n ""-lubr's individual oontri- tl average member. The only ob it ' r,rd the ameuat w must ' Jotlon to U tKat has ever been seri- "llUe Ti, ingi nur luinu i .... nilalv nHranMil le thnt It manna tha . l0 n-et them. accumulation and Investment of rail-j if ur ,o.iety la to live and pros- "ons ot dollar, wjth consequent j r J: nMl,t provide for its members danger of loss. I hiRa enough at every age, but) If. as a oeloty, we are to live and j ot too higu at aay ago, and the meet our future obligation, we must j a f 'oileodon, coupled with the ' olther dopt and adequate natural I J?1"1'11 ,J-nnU, must be such as to ' promiutn plan the rates advancing j Uo J of the masses of the from year to year or by series of P'? It UAH 1,1 K Ul . -j.. ,.-. ...K onmo nnasllila mnillftnn. no matter how adequate, it Rons involving tho aocoumulatlon '5& J'ZZM I .LHak. Wmmmmmm. mtttttttmkMimttttttttm 13 WITH THE UNITED PRESS LEASED WIRE SER-1 VICE DIRECT INTO ITS OFFICE, The Capital I Journal is able to pint Later News than any evening! pape? in the Willamette Valley. A SPECIAL FREE RURAL MAIL EDITION WILLI BE PUBLISHED EACH DAY containing the latest local and telegraphic news and issued for Farm Homes! exclusively. ITHIS WILL BE THE ONLY DAILY PAPER ONI THE PACIFIC COAST GETTING OUT Ai SPECIAL FREE RURAL MAIL EDITION. It has an independent, reliable news report that is clean j and tincontaminated by corporation influences. j I CAMPAIGN RATESTO NEW SUBSCRIBERS! AND FOR THE PURPOSE OF INTRODUC-I TION ONLY The Daily Capital Journal will be sent I four months for One Dollar, or one year strictly in ad vance to new trial subscribers for Three Dollars. :I rate "J rri) K.. kt.l. t-.x a:. .. J I a. A. -. ..11 .nann.fna B tnat iney coma u iuyvmuuiui ui uu iooih. be PaI(l !' our members. If the We must either provide n raserv-j riei. u to live, its rates and the fund to hold tho rates reasonably low "8 f payment must cover tho ' and level for life from age at entry, r of the Insurance carried and ' or wo must collect moro money each j whhln the reach of the masses of year from each member to meet the 8 people. Therefore, tho question ' annually Increasing costs. We havo Plan to be adopted is all impor-'the oholce of these two basic plans, deih t0T tlle cnaraste' ' the plan ' with their posslblo modifications; J"alBea the rates 'to bo charged1 we must choose either one or the "-so they are to be distributed be-' other, it- we are to live and pay out. Dr. Stone's Drug Store The only cash drug store In Oregon, owes no one, and no one owes lt; carries large stock; Its shelves, counters and show cases are loaded with drugs, medicines, notions, toilet articles, wines and liquors of all kinds for medicinal purposes. Dr. Stone is a regular graduate in medi cine, and has had many years of experience In the praotice. Consul tations aro free. Prescriptions are free, and only regular prices for medlolne. DrT Stone can be found at his drug store, Salem, Or., from 6 la the morning until 9 at night. ITHIS OFFER GOOD ONLY FOR THIRTY DAYS-During the next thirty days oil sub-i scribers on Free Rural Mails can obtain this reduced rate by remitting at UicJ above terms. No deviation from these terms on any account. f f OVER THE PRIMARY CAMPAIGNYou will want a good daily paper over the coming strenuous political campaign the hottest ever conducted in this state's histof y. J iiv v.vmrnijniij vn rn-iTiiuiTw-1 mu. uniu juuiiiui tuifjiuya uu u&:iii3 n ainiiuuf a m at these terms. It is the best paper for the money ever offered the people. U. is independent and publishes the news without fear or favor. E. HOP ER, Editor and Prop. SALEM, OREGON fciWMIIfcWfcllillWfcltWhUWMM f 1 I M i i T '-l n