7 8o THE POPULAR SCIENCE MONTHLY. 



ment of tbe company's numerous counsel resident in various lo- 

 calities. 



Free and complete possession of property purchased with loans 

 from the savings fund during the repayment of the loan ; thus substi- 

 tuting the repayment of loans for the payment of rents, and acquiring 

 ownership of homes at little or no additional monthly payments. 



Ability to purchase materials at large reductions upon current rates, 

 through contracts made by the association with wholesale dealers for 

 building and otber material in large quantities. 



Opportunity to utilize, free of cost, the officers of the association 

 as agents in negotiating real estate and other transactions, such as 

 securing fire and life insurance at reduced rates, prompt payment of 

 taxes, water-rates, etc., etc. 



Reduced transportation for all materials entering into the construc- 

 tion or improvement of homesteads. 



For those who have nothing to offer as security for loans, a plan for 

 enabling them to secure homes by simply insuring their lives for the 

 ultimate benefit of their families is provided. 



Those leaving the company's service can continue their payments 

 as before, or can dispose of their interests to the best advantage, as 

 can also those unable to meet their payments. 



Many other minor provisions, all looking to the comfort and wel- 

 fare of its members, have been added to this association from time to 

 time, but their enumeration is unnecessary here. To summarize briefly 

 the beneBts conferred by this institution under its relief features : 



It enables employes to avoid selecting insurance organizations un- 

 worthy of confidence, and to avoid forfeiture of their moneyed inter- 

 ests, as premiums are only deducted from month to month, and are 

 monthly expended in giving immunity to the well and indemnity to 

 the disabled. The plan of periodical deductions enables them to make 

 payments of premiums with definiteness, certainty, and regularity, in 

 such small installments as not to be felt, and on a scale which the com- 

 pany has obligated itself shall not be increased. They have the com- 

 pany's guarantee that all benefits promised shall be faithfully paid. 

 The premiums are so graduated that the poorest can enjoy member- 

 ship and advantages proportioned to their contributions. It relieves 

 employes from all necessity of soliciting contributions, prevents rest- 

 lessness, discontent, and hardship resulting from inability to earn wages 

 under bodily infirmity ; and the knowledge that when in distress they 

 get their dues promptly, and not through charity, and that their fami- 

 lies are adequately provided for against immediate want in case of 

 their death or disablement, makes the men more cheerful, efficient, and 

 contented. On the other hand, it does away with all appeals to the 

 personal or official charity of the management, and with claims for 

 indemnity for accident, and relieves the company from nearly all the 

 costs and embarrassments of suits instituted by employes. 



