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Show INSURANCE IN TO M TIFT Presidents of Bicj Companies Have Economy Plan for Home and Government ! N'BW VOKK. Nov 2 7. Presidents of life insurance companies In irtual-y irtual-y every Btai$ of the union and C.iHHd.i i will meet In this cit on December 8 (nnd lft to discuss the necessity for na-ition-wlde application of economy and (thrift in tho homo, in business. In industry in-dustry .ind in the government. It wa announced today by tho Association of l Life Insurance Presidents Tho con-1 con-1 1 re nee will form part of the proceedings proceed-ings of the fourteenth annual convention conven-tion of the association Companies j having In force more than 95 per cent I pi the 60,000,400 insurance policies Issued Is-sued on American lives have signified Ian intention to send representatives to : the contention The convention will mark the sevcnty-flfth year of American Ameri-can insurance. "In giving duo attention to the 73-lyear 73-lyear span which American life Insurance Insur-ance has .achieved," says the announcement, an-nouncement, "the convention will con-jsider con-jsider the extent to which that Instltiir tion has stimulated individual and national na-tional thrift In this country, with a view to developing additional moans of using It as a saings agency at a tlmo when the people must economize in order or-der to successfully meet the readjustments readjust-ments following the war." The consideration of taxation and its relation to national development will occupy a prominent placo on the program, pro-gram, the effect of present taxes on business genernlly. and on life Insurance Insur-ance In particular, being dlSCUSMO The association announces thru, although al-though chbled for indulging In unparalleled unpara-lleled extravagances.' the American! people uoufciu in ifiv, o,vVVv,vvv of additional life insurance and that j this was 67 per cent more than the amount purchased In 1918. which was itself a record year It stated also that 201 American life InsurAnOs companies have returned to: their policyholders during the five to 73 sears of their operations, a total of! $11,000,000,000. These companies now-stood now-stood obligated to make future pay-1 merits to policyholders aggregating, more than $88,000,000,000. To guaran j tee these payments as they become i due. tho Insurance companies are maintaining reserves aggregating $.- '"" .ihjO.OOO. Thepe figures are given' by the association to show that 'life insurance has had unparalleled development de-velopment In the L'nlted Stale," and I the statement adds that "todiv there Is more family protertion outstanding in this country than In nil the rest of the world." i The national contention of ln?urance commissioners will meet in N -w York1 the same week as the life presidents i the date of the commissioner's ses-mns ses-mns being December 6. 7 nnd K. The association of life Insurance counsel will also meet that week in New York! Its dates being December 7 and 8. KPPhBS SHIPPED SOUTH. TACOMA. Wash. Nov. 27. The steamer Pallas Is-now on her way to the east coast of South America, with a large consignment of Oregon and Washington apples. This is the first shipment of apples sent to Brazil and Argentina without refrigeration. It is said In shipping circles. Captain Ah-lln Ah-lln of the Pallas believes a large market mar-ket will he opened In South American for apples If the shipment arrives In i satisfactory condition. |