Indianapolis Times, Volume 48, Number 56, Indianapolis, Marion County, 15 May 1936 — Page 14

PAGE 14

3 GROUPS HEAR LIFE INSURANCE WEEK SPEECHES Leslie Talks to Exchange Club Members at Usual Luncheon. Life Insurance Week continued to hold the spotMght at luncheon dubs here today when three groups heard talks on the topic Harry G. Leslie, former Governor, Standard Life Insurance Cos. president, discussed "Life insurance and the Government,” at an Exchange Club meeting in the Washington. "If it is the function of government to give assurance to people that they shall not starve in their old age, then it is also the function of government not to kill opportunities for thrift nor to destroy the accumulation of savings which make those results attainable,” Mr. Leslie asserted. Pointing out that 63,000,000 persons in the United States hold 120,000,000 policies averaging $825, Mr. Leslie declared that life insurance is the popular thrift instrument for the small saver.

Warns Against Tax Levying a tax on life insurance, he said, would not be "jabbing the big fellow,” but it would put a load on the most widely distributed security factor in the country. “We must not discourage man from using the only Instrument which can assist him in making, on his own initiative, orovisions for his old age and for the welfare of Sis family.” "Life insurance companies’ philosophy of trusteeship, which enables them to pay $7,500,000 daily to policyholders during six years of depression, continues today to make the safety of policyholders’ funds the companies’ first consideration,” Harry V. Wade of the United Mutual Life Insurance Cos. told members of the Reserve Officers Association at a meeting in the Board of Trade Building. Mr. Wade discussed "Life Insurance—the Highest Trusteeship.” Mr. Wade declared that the ability of life insurance companies to meet such obligations during the stringent years of the depression contributed much toward maintaining the social stability of the country. Speaks on College Training "Competition, intensified by the depression lag in jobs, has increased the dollar and cents valuuc of a college education as a head start in obtaining employment and achieving advancement,’’ Howard E. Nyhart told the Optimist Club. "The importance of the business head start which a college education provides is demonstrated by the report compiled by the Massachusetts Department of Labor and Industry which showed the life earnings of a man who does not go to high school to be approximately $45,000, while those of a high school graduate between the ages of 18 and 60 are about about $78,000. "The survey showed that a college graduate between the ages of 22 and 60 earns $150,000, or $72,000 more than the earnings of the man who stopped his education with the high school,” he declared. CONTEST DEADLINE NEAR Monday Last Day for Filing of Primary Tests. Monday is the last day for the filing of any contests in the primary nominations, Charles R. Ettinger, election commissioner said today. The law provides that the last day shall be May 17 but due to this date falling on Sunday, the deadline has been advanced to Monday midnight.

W f""" "' 1 ■ ■ " -V ~. ——■ ■ ■■■■ ' ml Inner-Spring MATTRESS I tress, at such a low price! "7.95 This offer is one not to be I • x~t Now u ro ” r ■"’• f sur $i 095 -Tc„"r NO CARRYING CHARGE ■ I A . COUCH AT Ao phone ot e.o.d. orders, please. I H 9 SUCH A PRICE Limit two to a customer. H HHuMttSil I

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Timr Special MARTINSVILLE, Ind., May 15. —When the November election rolls around, Morgan County Democrats will have among their standard bearers Miss Corda Tackett (above), the party’s nominee for auditor. Young and attractive, Miss Tackett is completing her fourth year as deputy auditor. She captured the primary nomination by a margin of 447 votes.

f RITE’S \ g guarantf.edX / WATCH! REPAIRING for One Year \ lEU EI.R I' SHOP \ 43 So. Illinois St. M Maryland St. EYES THAT BRING IN DOLLARS neet’ the best and the most regular eve-care. That means regular examination and the best possible glasses—if they are needed. You can’t afford to guess—you have to be sure. To protect your income have your eyes examined now. G. S. KELLER Successor to _ OPTICAL DEPT. 32 N. Penn. SI. r soFT-MT nciHim kemc* euuu , * CSMTEB COM F©

LOCAL U. S. OFFICIAL IS SENT TO CINCINNATI —...- James J. Mattwig, Commerce Agent, to Be Replaced by Wells. James J. Mattwig, in charge of the Indianapolis division of the United States Department of Com-

n ' ' ™ HOB lpplll d4k Q E The very {■■B7J for Summer Jt f' JpFwr J wear! An outstand- 1|; Indiana Theater

THE INDIANAPOLIS TIMES

merce since April, 1934, is to be transferred to Cincinnati Monday. He is the son of Dr. and Mrs. John Mattwig, IndianaDOlis. Francis M. Wells, originally in charge of the local office and state director of the NRA since 1934, is to direct the office here.

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MAY 15, 1935