Show h GOVERNMENT o INSURANCE INS j f Ella Wheeler heeler Wilcox Writes of the Paternal l Govern Government ment of New Zealand ll Copyright 1901 by W B R Hearst HeH C the great t machine of 0 o iron kon and wood woodLo 1 Lo 10 I am a creature meant for good od But the criminal clu of l godless greed Has Bas made me tue a monster that scatters need And ADd want and hunger wherever I go ga goI gaI goI I would lift mens burdens anti and lighten their woe I J would give them leisure to laugh Ja In ln the sun If It owned by the many instead of elUte t the One enet If It owned by the people the whole wide earth Should learn my purpose and an know my worth I would close cloce the chasm that yawns in oar eer soil Twixt unearned riches and tit ill paid toil to toNo No man should hunger banger and n ito abor To fill fi the purse pu pur of an idle neighbor Jor 0 And each man should know when Jn his 1 worK was done della Were I shared by b the t many my not by V one on onI I am a forced fo by the few with their heir greed for gain To forge fol for the many new ne tr fetters te ge of o pain Tat Ye et this tbs fa Is f my purpose PUI and an ever will ber p To ro T set sat a the tb slaves of the te workshop free fe trod Go hasten last the day when when wor overjoyed That desperate host bt of oC the te unemployed Shaji Shii hear bear be my message m and understand an And Ant hail hl me m friend in an opulent ld land Do you know that tt among amoR the t wealthiest t corporations In America sri our life Insurance companies eles They Tey own stocks bonds and palatial buildings st yet tt U they y fall fail fal and carry e with them all al the e savings of ot thousands of o people even e though the laws of the e state It make mk their ther obligations IB fairly safe e for Lor tor the te investor I have been b reading Henry Henr Lloyds Lyd account nt of o how hw t the life Ute Insurance I ur bu in te Is J managed in New Hew Zealand where w the tha t people ppl are ae putting government ownership of ot large industries into It practice In Tn I Newest New England he h says ys The Th life Die Insurance department p was wa proposed In 1160 and an passed unanimously unanimously The Th policies had bad behind them pop the guarantee pate of o the state and the venture was s popular from the start The Th government does do much the largest Insurance of o any a agency acoy in the th country Although New Zealand is 1 the healthiest of pC countries its It people are the th insured There Thre could e fee be b no n better test tet of the thrift of the th community than tha the amount amunt of o life ut insurance Ire its it carry c for f the protection of 0 their tir women and children and ante tIter there could be b no 1 better proof than t this t New Zeland thrift that the of the tM people has ban f not wot t been weakened weke by their thir great gat extension of ot government functions in 1 aid ai of industry t It I has ha Increased not lessened the of the people The cry of ot the capitalist against all al socialistic propositions has ever been that they would weaken human nature destroy destry ambition and hinder the de do development nt of ot The government policies are practically free from conditions of any kind except the payment of premiums as a they fall fal due duE The insurance department pays py taxes like any other insurance concern and its profits do not go to the treasury but to the insured d The millions of money held by the insurance company are an important element in the financial resources of the country The department puts its is funds fund into national and municipal securities suri ties tie and loans largely on real estate This government life insurance has large funds for investment at ex cx exceptionally low rates rte of ot Interest The American Amerian insurance companies tried competition with this depart department department ment and nd withdrew The testimony Is unanimous that the government de do department de is well WEl managed mana ed This year y al parliament parlament has added accident insurance ance to the business busine and put a a stop to the abuses abuss of private insurance of employees by employers who were making forced reductions from their I wages wage This Is only one on of the many good god things which the te improved system sm of government ha has inaugurated in New Zealand It I Is I Inspiring to t read red the th book bk and to realize that tat it i is not a romance like Uke elams Looking Backward Backard hut but a record of facts ft which jU justifies every efI discouraged and overworked man manin manin manin in America in looking forward farar to ta bettor betti times Ume here when our ou large l Indus Industries indu Industries tries will wm also als be under government control cn I II I call cl to mind a man ma who wh had hd been Insured since early ely youth and an who lost lot his health later in life and died leaving no fortune fortune The life insurance mans company investments failed fale just before his hl death deth and an with It I of or course cur all al the te poor pr Thousands of such cases c have hav occurred eur and a thousands more are liable lable to occur Under Und government ownership of o th t the life Ufe insurance I business bune a him sim similar liar ilar lar calamity would woul be impossible I am a in receipt of a letter from a man mn who asks aks me t t to suggest good guti books bok for save a boy by In reading and girl of 14 1 who work days d s and have hav no opportunity for g ed education e I fear I fern hm r hardly competent to t make make this list li If I the gentleman who writes the brilliant editorials In the left lR column would w d take time tm to t make out people such a list I have bave no doubt it i would woul prove WHEELER to hundreds hundres WILCOX of o young youn |