oe 
ts 
= 
= W. Kimball, Field Secre- 
cat of the Massachusetts Savings 
Insurance League, spoke to the 
tory High School, Manchester, 
Thursday, upon the subject of 
ift, as Illustrated by Savings 
Bank Life Insurance’’. 
By an act of the Legislature last 
year, Thrift is one of the subjects 
_ permitted to be taught in the schools 
of the Commonwealth, and these ad- 
- dresses given by Mr. Kimball on 
ift are therefore welcomed by 
Pike High School principals of the 
State. Mr. Kimball said in part: 
““Thrift is an old-fashioned virtue 
a “which our forefathers had, but 
- which is too often neglected in this 
age, where there are so many temp- 
tations to spend money. Recently 
a magazine made an investigation of 
_ 50,000 well-to-do American families, 
and found that when the heads of 
the families died less than 2,000 
were possessed of sufficient means to 
ite without debt, the estate. 
There are more temptations now 
for the boys and girls to spend mon- 
ey than there used to be. Moving 
picture shows, amusement parks, 
trolley lines and foot-ball—all de- 
“mand money. Even so, a large 
- number of our boys and girls have 
_ deposits in the Savings Bank, but I 
am afraid they do not add very 
much to these deposits as the months 
go by. Life Insurance is one form 
_ of capital invested in the life of the 
_ person insured.. A boy in the High 
- School is worth something. Time, 
- money and thought have been put 
into making him what he is. He 
may prove a poor investment. Nev- 
ertheless he is worth something and 
the insurance on his life simply pro- 
“tects the value that is invested in 
him. Therefore, one of the best 
things that any father or mother can 
do is to take out a life insurance 
policy upon the life of their boys and 
girls, that if by any chance these 
children die they may have some 
protection for expense and old age. 
If the boy lives and keeps up this 
insurance policy, it means that he 
_ gets the protection for his own fami- 
ly when that day comes, at very 
low cost. 
“Tt was somewhat surprising, 
_ however, to find that a large pro- 
portion of the scholars in these high 
schools also carried life imsurance 
policies ; 
~ 
the number ranged from 
one-half to two-thirds of the entire - passage of the law, the 
‘NORTH SHORE BREEZE 
THRIFT IN THE HIGH SCHOOL 
. Kimball of the Massachusetts Savings Insurance League addresses 
the High School, Talks On ‘‘Thrift’’, 
_ Life Insurance, Which Furnishes Insurance at Cost. 
Describes Savings Bank 
school; but, strangely enough, in ev- 
ery instance more of the girls were 
insured than boys. In most cases 
these policies were carried in indus- 
trial companies, and therefore at the 
excessively high cost of such insur- 
ance. 
‘These facts show the large field 
of usefulness that there is for Sav- 
ings Bank Life Insurance in the high 
schools of the State, and when agen- 
cies for this form of insurance shall 
have been established in these 
schools, not only will an opportunity 
be afforded for the scholars to ob- 
tain insurance more cheaply than at 
present, but the agency itself will 
afford an excellent medium through 
which the pupils may be taught the 
essential principles of insurance. 
“In Savings Bank Life Insurance, 
Massachusetts has provided the best 
form of insurance in the world. 
Since insurance is a real necessity 
of life, it should be furnished to the 
people at actual cost and at the least 
possible expense. This is what Sav- 
ings Bank Life Insurance does. The 
general expenses are paid by the 
State ; the insuring Banks are not al- 
lowed to spend any money for soli- 
citing business and all the profits go 
back to the policyholders. There- 
fore, Savings Bank Life Insurance is 
the cheapest, safest and soundest in- 
surance any one can have. It is ex- 
pected that in the near future there 
will be agencies for Savings Bank 
Life Insuranee in our High Schools, 
so that an easy opportunity will be 
afforded for all pupils to take out 
policies. 
“Throughout this Commonwealth, 
about three years ago, much interest 
was aroused by a proposed law un- 
der which Savings Banks might op- 
en insurance departments. Those 
who were interested in the endeavor 
to have such a law passed felt that 
the industrial insurance campanies 
doing business in this State had 
made life insurance too costly for 
the working people and that an op- 
portunity ought to be afforded -to 
obtain this protection as nearly as 
possible at actual cost. After the 
passage of the law, which was simp- 
ly permissive, two Savings Banks 
opened insurance departments,—the 
Whitman Savings Bank of Whitman 
and the People’s Savings Bank of 
Brockton. While many thought 
that nothing would result from the 
actual fact 
17 
is that these Banks have, in two 
years, written over a million and a 
alf of imsurance and more than 
$1,400,000 is in force at the present 
time. A dividend of 8 1-3 per cent 
was declared at the end of the first 
year, and through the establishment 
of agencies among large employers 
of labor, steady progress month by 
month is being made.’’ 
MANCHESTER 
Miss Opal Scott. of ‘Beverly is 
spending a fortnight in town with 
friends. 
Mrs. J. 8. Reed was in Boston to 
attend the W. R. C. Department fair 
in Fanuiel Hall last Friday. 
The ‘‘Vacationists’’ have issued 
invitations to their fourth annual 
dancing party to be held in Town 
Hall on Wednesday evening, Dee. 
28. 
Toys for the children at Nichols’.* 
Miss Lena Jones was able to re- 
turn home Sunday afternoon after 
several weeks at the Beverly Hos- 
pital. It is hoped she will be fully 
recovered so as to resume her teach- 
ing duties by the opening of the 
next term. 
A large assortment of Xmas cards 
at Nichols’. 
At a meeting of the 5 ae: 
Manchester Musicians Association in 
Gloucester Sunday William F. Spry 
of this town was chosen president; 
T. W. Long, vice-president; and 
Joseph E. Allen, one of the alternate 
delegates to the central labor union. 
Shirt waist goods in fancy boxes, 
suitable for Xmas gifts, at Nich- 
ols’. * 
An exchange observes that: 
‘*More furniture is made in Chicago 
than in any other city of the coun- 
try, according to statisties prepared 
by Chicago newspapers. Most of 
us. think that Grand Rapids is the 
leading furniture manufacturing 
eity of the country. It is the most 
advertised. The industry of making 
furniture by hand was once com- 
monly carried on in some Essex 
county towns, notably Manchester. 
It is said that there are still a few 
furniture makers in Manchester, and 
that they do a comfortable business 
by making furniture on custom or- 
ders, chiefly hand made colonial 
style furniture.’? The Dodge Fur- 
niture Co. has among its many or- 
ders at the present time the making 
of the new furniture and fixtures for 
the new home of the Naumkeag 
Trust Co., of Salem. 
Writing paper for Xmas at E. A: 
Lethbridge’s. 
