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Show THE REAVER PRESS. BEAVER. UTAH Easy to Make Your American Life Insurance Celebrates Its 100th Anniversary by Adopting a New Actuarial Table Which Reflects Longer Life of Modern Citizen Upholstered 'T'HIS pair of chairs, so K II J DREW PEAfiSQN ...... - -h .i""'""! . iTI New York Picture Postcards: Crowds rushine away from the A REPORT ON GERMANY Stem after curfew as if it were Main did Hard-boileLeon Henderson do any i pal who could no longer some tough talking to President An beanery's tavors. Roosevelt when he arrived back lpetrie eve Deering into the early from his economic survey of occuyem darkness showing that one pied Germany. has insomnia. . . . Henderson was sent by the White part of the town A ballet of spring breezes dancing House to consult with General The parks' Eisenhower regarding the economic through the streets. buds clenched Armi-- ! trees sDroutins tiny the in after setup Germany fist. . . . Tips of stiee. But, while the former OPA like a baby's exclamation providing administrator has kept very mum scenic the exciting for city's his points in about it, he was quite critical s . suffering . . verbal report to the President re- story. e pressure, attempt-- I garding negligence on the part of fromto kill a heartache with a hang-sve- r. Ing and the army, the state department . . . The sign in a bar: "Time com-- ! the a Good mission in London regarding plans Tells on a Man Especially . The warm poetry of . , Time." for running Germany. Broadway friendship which can turn Henderson told FDR that Into the cold prose of enmity over-Tigh- t. neither the V. S. military nor the An interesting and disheartstate department had done any. . . Dawn comphenomenon. ening sort thing except the sloppiest to put the stars out the into sky ing of planning about running the to sleep. difficult German civilian economy after the armistice. U. S. Among the town's little heroes: Ambassador John Winant in. defense workers who are Civilian Henderson indicated, London, still carrying on their duties. . . . had been sitting on his haunches Sigantlc fingers of silence gripping as a member of the tripartite ihe city at dawn. So quiet you can to look commission supposed bear the click of traffic lights as into this, but doing nothing. switch colors. . . . The touch-- j Henderson reported that the plan they between soldiers and Ing goodbyes for cutting Germany up into three their loved ones at depots. "I'll different sections under the British, write you every day, honey!" . . . American and Russian armies Sabbath morning simply would not work economicalwhich seems to fit the silence rather Gerly. He pointed out that the break it. . . A scoop of after-- I man railroads were set up to work than noon sun being served on a platter as a unit, not in three different sec- of whipped cream clouds. . . . tions. Likewise with German induscafBroadwayites clogging tries. Henderson proposed, there- eterias coffee while nibsipping fore, that German civilian economy of conversation. on a side-disbe run by a civilian commission bling . . . Rockefeller Center gal guides would which the Allies representing who are more arresting than any have charge of the entire country. of the sights they point out. He also proposed that the military take orders from the civilian high Regal Fifth Ave. shopwindows commission. crowned with luxuries a fitting What the President will do about tribute for the Queen of Big the Henderson report remains to be Town streets. . . . The hams who seen. When he suggested that Henare walking showcases for their derson go back to Germany, the own personalities. . . . Garments hard-boileadministrator arrayed on 10th Ave. clothes refused. He said it was impossible lines swaying to the tune of to work under the present setup. Inbreezes humming by. .' . . The stead he will go to China to sky coated with glowing twilight, make a study of price controls for exhibiting a visual wink which Chiang brings out the smile In anybody's some What White (Note spirit. . . . The enameled House advisers fear is that the of Main Stem movie same chaos and inflation which ushers who have all the digkilled democratic government in nity of generals. . . . Hushed conGermany after the last war once versations which cushion the velso will become ruinous again vety atmosphere of the sumptuthat the German people will fall ous Music Hall lounge. A back on another Hitler or wind holding on tight to the gay Kaiser.) dress of a chorine as it goes around her curves. G.I. JOE AT PEACE TABLE More and more state legislatures Comely Travelers' Aid ladles who and members of congress are urggreet strangers with a bouquet of G.I. a that at Joe the sit ing peace table; also that he begin by sitting bright smiles. . . . The Hudson Rivwith streaks of mooin at the important San Francisco er United Nations conference. Some nlighta view that tattoos itself into further propose that Sumner Welles, your memory. . . . Sunrise tinting former undersecretary of state and the sky with a Paradise of colors as the man who originally planned for the world hands people its most the peace machinery, attend the San priceless gift: A new day. . . . The man: The Francisco conference, perhaps as ad- theater's viser to the soldier delegate or as ticket collector garbed in a tux. . . . an unbiased observer with no ax to A rustle of silk heralding the apcoming down grind either for or against any one proach of the aisle and leaving a trail of perpolitical party. The Maryland and Rhode Island fume. . . . The Empire State Buildnoon cellophaned with sunlegislatures are the latest to push ing at the idea of a G.I. Joe at the peace shine. . . . Midtown canyons at dawn table, resolutions being introduced filled to the brim with hush. . . . g The aroma of roastby Charles M. See of Cumberland, ing coffee tickling nostrils as you Md., and Joseph Mills of Warwick, R. I. The Texas and South ride over the Brooklyn Bridge. Carolina legislatures have already Mountains of clouds cruising over passed resolutions, while Senator Johnston of South Carolina and Rep- the city and making mammoth resentative Jackson of Washington buildings insignificant. . . . Headhave introduced resolutions in the lines on newsstands gleaming with U. S. congress urging that the G.I. bright war news which lights up the Joe attend the San Francisco con- dimout. . . . The Flying Fortress ference as a starter to the final whizzing over the Statue of Liberty peace session. They propose that he and dipping its wings in a salute be no higher than the rank of ser- to the grand lady who carries a torch for Uncle Sam. geant. The Iowa poll, conNote Train announcers' voices yawning ducted by the Des Moines Sunout their remarks as if they wished day Register, found that an overthey were elsewhere. . . . Workers whelming majority of Iowans, gulping a quick breakfast of oran-juic83 per cent, favored having a coffee and doughnuts like bitmember of the armed forces at ter medicine they didn't want to the peace table. taste. . . . Broadwayites straining talk through their cigars as they DEMOCRATIC JOE STILWELL stand on street corners tossing away Gen. Joe Stilwell has always minutes they can never rated high with his men. Now that precious hope to retrieve. . . . Movie stars he's stationed in Washington as around town convoyed by a chief of the army ground forces, he rushing fleet of press agents. still has the reputation , of looking out for them. The slanty penmanship of rain The other day. Washington realtor scribbling its unruly signature on Col. Gus Ring, who is used to getwindow panes. . . . Darkened skyting phone calls from all sorts of important apartment hunters, was scrapers putting shadows on stilts as they stand guard over the streets surprised to find General Stilwell walk In his office and ask for an all through the night. apartment. Stilwell didn't want the Cool, clear nights when you can apartment for himself, but had traveled all the way across Washington even see baby stars staying out all to try to get an apartment for the night. . . . Agonized cries of foghorns along the waterfront sandpawidow of one of Stilwell's junior officers who had been killed in action. pering the hush of the night Note He got the apartment. The lady garbed in a flowing white gown who strolls along Sixth Ave. CAPITOL CHAFF C Henry Wallace and Loan Admini- distributing religious pamphlets. A decade ago she was a strator Fred Vinson are getting together to discuss plans fur coordi- actress. . . . Mobs rushing to stores (where ciggies are being sold) as if nating the fiO.OnO.OOO-joprogram C As Wallace looked around the it were a gold rush. . . . Feminuis-ance- s chin deep in mink lolling in room in Jesse Jones' old loan office, he said: "I just want to see where swanky eateries where they turn the private lives of friends Inside out. the bodies are buried." The hackrobatics of cabbies C Credit Republican Senator Austin of Vermont with doing one of the jceping their way through traffic, orators in cafe best jobs at the recent Mexico City . . Table-sittinconference. Though not a trained trying to breathe the life of an idea diplomat, Austin was a tower of into a mouthful of dead words. sound advice to the U S delegation. IT 1 . T 1 d e finds life insurance observing its 100th anniversary and by way of celebration it's beginning to operate under a new set of actuarial tables. Until this year insurance companies have been "booking" life anoS death chances on the same basis as they were figured when the first American "life" policies were written away back in 1845. But this year they are forty-fiv- t f 'ft I 6 Hi. 5W - ' 'ft. IhJv . ' ' 4 ... ' ' 9 6 ."iJI If ft! i on Broad street in front of the Stock Exchange and (then the Customs House) in New York City In 1845 when life insurance had its beginnings. ry births and deaths for a five-yetors are keeping us alive longer, period. you'd better read on. At first glance it would seem that His tables were the precursor for many others such as the Eng- under the new mortality table, life lish tables of 1762. But all such im- insurance rates will be cheaper, but proved tables over the last two cen- that is not true. John S. Thompson, turies failed to keep pace with medi- vice president and mathemacal science. tician (actuary) of the Mutual BeneOur first actuarial brainchild was fit Life Insurance company, speakcalled the American Experience ta- ing for all life insurance companies, ble, which was brought into usage tells why. He says: "Policies now in force will not be right after the Civil war. With minor changes it has continued to be the affected, nor is it expected that poliaccepted base for computing life and cies sold in the future will be. That death chances up the present time. is because the amount of interest Meanwhile the M. D.s were busily life insurance companies can earn engaged in making our American on their invested funds has dropped Experience figures look sick. Their sharply in the last few years, and success in keeping the lower-ag- e their operating expenses, wages and groups alive longer is directly re- taxes, have increased. sponsible for this major effort to Fewer Investment Chances. the basic structure of all "The cost of life insurance delife insurance in the United States. 1) the upon three points: Just by way of proving the point, pends number of. claims paid on policy in 1900 the U. S. average age was holders who die in a given year; 49.24. A couple of years ago it stood (2) the yield or earnings from inat 64.82. vestments of reserve funds; and (3) When it all began back in 1845, the cost of operating the company. this was a husky young nation. But The war has sharply decreased many of its huskiest young citizens the field for profitable investments, fell victims to one disease or an- he out. War industries are points beother, diptheria and tuberculosis financed by the government; and the ing the most active. building industry, once a big field Many Hazards. for loans, is now dormant. Thus inEven as late as 1900, more than 40 surance companies which formerly out of every 100,000 people suc- earned from 4 to 6 per cent on their cumbed to diptheria. Today it's only funds, now earn only slightly more only one per 100,000. Europe's black than 3 per cent. From 40 to 50 per plague of the early 17th century cent of insurance company funds wasn't much worse a scourge than are invested in war bonds at an the horrors of pulmonary tubercuaverage yield of about 2Vi per cent. losis over the last century. Statis- And many companies have guarantics for 1900 show that this killer teed a 3 per cent return to their took 173 out of every 100,000. Today policyholders. That is why insurance less than 40 per 100,000 die of the rates cannot be reduced. disease each year. It was a dead cinch to earn the For these reasons, coupled with all good old 6 per cent back in 1845 and the other hazards of living a cen- a lot more, too, even though Mutual tury ago, the old boys scratched Benefit's records show that Robert their heads twice before insuring L. Patterson, founder and first their fellow men promiscuously. president, and his directors, scorned When Ben Miller bought the first the possibility of paying big divilife policy issued by Mutual Benefit dends by "grubstaking" a few of g '49ers. Sound, conLife Insurance in Newark in 1845', the there were many "don'ts" tied to the servative investments were made policy. Ben bought $1,500 worth of to protect widows and orphans. But, as the investments insurance on his life at a premium conservative of $51 a year with the provision were then, they paid handsomely as that: (1.) He didn't die on the seas; compared with today. (2.) he didn't leave the country; Money Earns Less Than (3.) he didn't go south in the sumShortly after the turn of the cenmertime; (4.) he didn't (without tury, returns on Invested money consent) join the army; (5.) he tightened up considerably. All this didn't cut his own throat to im- is readily reflected in overall returns prove his wife's finances; (6.) he to policyholders. Between didn't expose his insured and valu- Mutual Benefit policyholders were able carcass by duelling; (7.) he getting about 2.1 per cent on their 3 religiously avoided the gallows or dollars paid in. The picguillotine. . . . and so on for quite ture was still trending downward to techsome distance in slightly more about 1.7 per cent per annum. nical verbiage. It was vastly different in 1845. In Ben, it might be remarked, was those days the company president one of the hardier sort, for he lived drew $1,500 per year just about the to collect his own insurance at the price of a fair cook or housekeeper on today's market. The top insurage of 06! While the early directors of insur- ance salesman wasn't allowed to ance companies had no worries earn more than $3,000, all other about clients being killed in an earnings going back to the company automobile or airplane, the 1845 citi- till. The rent bill was $25 per zens of Pres. James Polk's nation of month. One of the ranking "assist27 states were liable to find themants" drew the good (in those days) selves without a scalp if they took salary of $300 per year. trail west. the "covered-wagon- " Today the taxes, alone, on a Life insurance companies also building occupied by one large incould discount the probability of the surance company exceeds 10 million "insured" dying from heart failure dollars per annum. And the charbecause of the then modest 15 mil- women on the 31st floor would laugh lion dollar public debt. Perhaps it is at an offer of $300 a year. Even the worth noting that over the years the elevator boy would sneer at the same increase in heart disease (and it salary Robert Patterson was paid has increased considerably) is in in 1845. ratio to the government's debt to Now you know why insurance is now at the quite going to continue to cost just about the people immodest figure of almost 300 bil- the same as it has in the past As a lion, a very large hunk of which is group, we're living a lot longer held by the same insurance comand there is less risk in insuring us But, as a group we cost a panies. If as you read this, you've been whale of a lot to handle and hoping to find that now insurance the days of fancy interest returns rates will be lower because the doc are over. re-fra- gold-seekin- 2. u 2 riv : with cottonKm BATTING ami y.Cj , &M?m ,LJt ul5?: Torch-carrier- A view Sixteen states enacted the "Guertin law," which means that the insurance companies doing business in those states can in 1945 adopt the recommendation of the Guertin committee into their future policies. The law became effective January 1 of this year on an optional basis but it becomes mandatory after three years, in December, 1948. How It All Began. Centuries before Messrs. Guertin and associates took on their herculean job, a Roman named Ulpi-anu- s devised an "odds table" for a few of his friends. Ulpianus was a lawyer with a flair for figures. As a matter of fact, his life expectancy charts were so good that they remained unchallenged from 220 A. D. for almost 15 centuries. Even as late as 1814, the Tuscan government used his figures. Not content with Lawyer Ulpianus' findings, however, Edmund Halley, known as the English astronomer who discovered the famous Halley's comet, undertook the job of computing "modern" mortality tables in 1693. His method was the basis for present-da- y computations; namely that of using accurate vital statistics. Halley selected the city of Bres-la(you've been reading about it in the war news from Silesia) for his observing guinea pig from 1687-9- MAIL high-blond- I America. much home in a Victorian settin, would be just as appropriate in modern room. They are comf0 able too, and anyone who can nail together a box can make th wooden frame. Scrap or even oto boxes will do, for this foundation part is entirely covered. With the frame finished, the lad with needle and thread and a COMPOSniCWllfSI'V fTrTT , tf aoflROTo BACKff tlil-- rs I ta- As a matter of fact, the adoption of the new actuarial tables in American life insurance's centennial year is accidental and coincidental, rather than purposely planned. Nine years ago state insurance commis-eioner- s and mathematical wizards of the insurance companies recognized the fact that the tremendous improvements in medical science had made the old "odds table" obsolete. In the light of modern methods of prolonging human existence, a new set of life expectancy standards was needed. But figuring out these standards and fitting them to rates or fitting rates to them wasn't a simple matter. For Instance, they knew that you If you are 30 years old have a far better chance of living beyond that age than you did two decades ego. It was only a few decades ago that eight out of every thousand people died at that age. Today, thanks to more public enlightenment on medical matters and improvements in diet (including more knowledge of vitamin requirements) only two or three persons per thousand are dead at the age of 30. Rates About the Same. But even though the improvement In our life chances seemed to indicate much reduced rates, this was offset over the years by the deterioration of our interest rates and the increased cost of doing business. The problem of adjustment was threefold: (1) rates according to improved life probability; (2) company income according to lowered return on investments; and (3) company expenses as compared to "the good old days" when breakfast cost a nickel and the company president drew a salary of $30 per week. The insurance Commissioners had a major mathematical problem before them. For the latter two points lowered earnings on Invested funds and sharply rising costs, of more than covdoing business ered the slight break they showed on their books because the doctors were keeping us alive longer. Nevertheless they went ahead. Alfred N. Guertin of New Jersey, was made chairman of a commissioners group to recommend the new "life" tables. Five other state commissioners sat with him. John S. Thompson, mathematician and vice president of the Mutual Benefit Life Insurance company of Newark, N.J. was a committee member representof Society ing the Actuarial all-nig- ... "odds discarding the ble" and putting into effect a new one and that's a matter of prime importance to more than 70,000,000 Americans who own more than 125 billion dollars worth of life insurance. old Jjjy iVirr By ELMO SCOTT WATSON Released by Western Newspaper Union. NINETEEN Chairj 1914-192- 8 1929-194- H ., T ft I t J I j church-belloquen- ' all-nig- tacks will probably take over. The padding is easy just cotton batting basted to muslin over the seat and back. The cushion may have a cotton filling or may be filled with feathers or kapoc. The rest is a simple covering job. NOTE Pattern No. 250 gives large dia. grams for all parts of the chair frame with construction steps, padding and covering clearly illustrated. A bill of giving lumber estimate, amount of padding and covering materials is in. eluded. To get Pattern No. 250 enclose 15 cents with name and address direct to: mate-rial- s MRS. RUTH WYETH SPEARS New York Bedford Hills Drawer 10 Enclose 15 cents for Pattern No. 250. Name Address h SNAPPY FACTS ABOUT & RUBBER d Kai-she- ce ... One government synthetic plant, operated by The B. F. Goodrich Co., in 14 months produced in synthetic rubber the equivalent to the rubber yield of approximately 14 million rubber trees rubber during the same period. Four lumber companies subscribed to the cost of building a 50-miprivate road for hauling logs from an Oregon forest. The road Is entirely on private ground and free from all state and local regulations, and trucks can be operated thereon license-fre- e. Shoes made with new ng synthetic rubber soles are among the new items in the rubber footwear field. cob-webb- best-dresse- d first-nighte- BEGoodrich smell-bindin- e, Low Moods Are Often Related To Constipation Yes, depressed states and constipation often ro tofretherlTake Nature Remedy (N'R Tablets). Contains no chemicals, no minerals, no phenol are different act different. Purely vegetable combination of 10 vegetable ingredients formulated over 60 years ago. L'ncoated or candy coated, their action is dependable, thorough, gentle, as millions of Nil's have proved. Get a 2oi Conviccer liox. Caution: Take only aa directed. N TOMOKKOW AUIGHt yt LAXATIVE LE rm wmmm Lu W'TABLETS-- W ZJ ONE WORD SUGGESTION FOR ACID INDIGESTION "vet . urini ....; well-know- b .".i"' s A ... aa M ..I virw niii 1. . fn i. m Ik ..... ' u".'.) h Jt,fLm Wall ftrcrt ferry In mi. m wic -- -- - ' fe v .Ji 4 ... I J fit, u. ul i .x SAVE YOUR SCRAP , TO HELP CAIN ICTORY g Old METAL, RAGS, RUBBER and PAPER I |