Indianapolis Times, Indianapolis, Marion County, 22 March 1950 — Page 4

Word Repor —

ever was under Nationalist rule, Hong Kong from the mainland.

in their paper money in 1948 and Since they proclaimed an all-| China government last October, the Communists have kept figures of this sort secret. But piecemeal disclosures indicate that ° their;

when they came to power.

: timated unofficially at somewhere

“heavy “burden onthe country: Chances are inflation will make, the load heavier before the year is out.

Taxes Trebled

Grain levies apd taxes on farmers, who form more than 80 per cent of the population, have been trebled. This comes at a time when the agricultural yield is reported down by 20 to 30 per cent through flood and drought. Famine is widespread and armed uprisings are reported in several regions, There are stories

of farmers cilling tax collectors. The Communists are reported to rave doubled and trebled taxes and levies on private commerce and industry at a time when trade and production are down. They | have brought out victory. bonds! and assigned most of them to private business. Even so, the Communists admit a budgetaty deficit. One rea-

The Best Cooks Use Stokelys

Stokely's Finest Apricots — from perfact fruit, wee-rip-ened, delicate - fovered. is sunny sweet .

ny,-on the.

The tremendous role that Life

interesting institutional material

editoss, Mr. Lincoln made many

tion that is customarily included i

a complete transcript has been

+ { FOTAL OBLIGATIONS AND SU

= £ 3% Fad gi

Red China Reported Beset | by Inflciion— te

Hong Kong Hears Cheap Money Vexes

INFLATION in Communist yy has grown about as bad as it

Economists at Hong Kong place Communist note issue near 60 4riflion Chinese dollars-—the point at which the Nationalists called

economy is shakier today than The budget for this year is es-

_ around $1.5 billion in U. 8. CUr- communists will. permit. .VACUA- halted trade in much of Jakarta Dented their crimes and begged rency. This would be the biggestition of 310 Americans from) today. {for mercy. = - budget in Chinese history and &/Shanghal, U 8 officials. said 10-1 11 ona rumareiicthe alld

"Oscar’ Found 8 Years Ago

LoL “belonged to

Davis, Victor McLaglen, John/John Lund, George Murphy, Dick, “Ford and the late D. W. Griffith. (Powell, Cole Porter, Jane Wy- IM 3445 818 be

bess of Newsweek maga- —"Metropolitan... paidabout $769,000.000 - increased about 80 percent since 1939, taff interviewed Mr. Leroy (to beneficiames and policyholders last year) ~~ whereas operating expenses have increased dest of the Metropolitan ~ ...and I might add further that... (this in- ~~ oaly 71 peteent. p

plays in the national economy,

during the discussion, are so important that preceding year.”

& motion picture has been made of this inter yy oo olitan's amets totaled $9,700, — "Dividends would be substantially higher view. This film will be given wide distribu- . i : T i i . 's “0 000,000; an increase of about 6 percent over were it not for the low interest returns Nog wv Hise irl Metropolila’s "Opin the figure for 1948.” which have prevailed throughout the United policy. States and Canada. For example, last year

Naturally, in reply to questions from the ~~ many health organizations, the average ex-

to Metropolitan's achievements in 1949. In years since 1900. At that time it was about fact, the interview developed the informa. 9 years—while right now it is about 67." \epropolitan’s Annual Report to Policy-

nual Report to Policyholders, Accordingly, panies have gone up the same as for every- request. In addition, copies of the film may

the Company's Report for 1949, some of the highlights of that report: ~~ «+ - insurance in force in Metropolitan has policyiolders are interested.

“OF OBLIGATIONS AND "ASSETS... DECEMBER 31,1949

(In necordande with the Annus Statement fled with the lnturence Department of the State of New ¥ Fork),

OBLIGATIONS TO POLICYNOLDERS, BENEFICIARIES, AND OTHERS ASSETS WHICH ASSURE FULFILLMENT OF OBLIGATIONS .

NOTE Asien amounting to $454,197,515.92 are deposited wa various public octal uader the requirements of law or regulatory authority.

» COPYRIGHT (BEG METROPOLITAN LIFE INBURANGE SOUPANY

Matapoliven Life

- UmvrvaL

.. |he had failed to form a coalition proposals bg U. 8. High Commi . government committed to return ‘sioner John J. McCloy for a free

brought out a new currency. suggestion, — Carton de Wiart, 82, Catholic proposal.

{son is that the country is sup- Minister of State, to take up the . {porting an army bureaucracy of conciliation job in the government. Bulgaria m

about nine million persons. crisis caused dy the referendu p «... on the return of Leopold, . THE government announced to China : Er . ‘day that seven “Trotskyists” had I d , been ‘sentenced to prison terms! THE State Departmerit at IN onesia ' ranging from life to eight years

Washington is still hoping that. RUMORS of impending devalu- on espionage charges. - at the last minute; the Chinese/gtjon of the Indonesian guild®r The annouricement said all re-

rE ne devatfied to one-quarter is Grear Britain

They said efforts were being, : - urrent value of thrée guilders S1 made to persuade the Communists’ cents to one American dollar. BRITISH AIRWAYS CORP. of-

to: reverse their decision against| ficials said today that exiled Ba‘permitting two LST's to sail up Dr. A. Oudt, senior Dutch ad t y ‘the one unmined Yangtse River Viser to the finance ministry, said mangwato tribe chief - designate \channel to Shanghai in order tothe rumors were groundless. But Seretse Khama had booked air pick up the Americans and the trade remained paralyzed. |pasage from Southampton, Eng-

1300 other foreign nationals who! Banks. tlosed since Sunday and 1,04, to Africa for. Friday, seek to leave the Chinese metrop- Scheduled to reopen today, stayed, Khama, who married a white =

olis. ishut. The rubber market was|British girl and aroused the ire = The American President Lines dead. No quotations were being of some, of his tribesmen and the I,

Mr. Eyskens asked the regent sian agreement or co-operation 2

THT NRE

lieve him of his conciliator’s job., Without Soviet support, East g The regent, at Mr. Eyskens’ Germany, would. have to be ex-2 named Count Henri cluded and that would scuttle the £

-—

ship, the General Gordon, which made anywhere. British government, will leave =

was slatéd to pick up the refugees Southampton for Johannesburg, from the LST's at the mouth of! West Germany South Afrita. the Yangtse, left Hong Kong for! His bride, former London typist Yokahoma yesterday after the THE West German government Ruth Williams, expects the birth Communists refused to permit today advocated the election of an of a child in Serowe, capital -of entry of the LST's. all-Germany constitutional assem- Bec huhanaland. in June or July. bly, under four-power or United

: —Nations supervision, as ‘a step to-/ EASES IAPER Belgium . ‘ward the unification of Germany.| B4INFUL ACTING PREMIER GASTON! In a formal statement the gov-| “hecks burning |EYSKENS announced today that ernment indorsed the repeated] oreness quick) y. RASH : | Medicinally texred for baby’s long-lasting relief. In the Ash Can— | | Grand for the family’s minor rashes.

Youth Seeks Winner of 1935 NETINTSEE

teratoma Ae eset

E f 0 I == | For 5 i J

- - - = = wm - = - = - - = - - = - - - - - = = - - - - - - =

Battered Metal Statuette Cobld Have : SPRUCE up

Belonged to One of Score of Stars HOLLYWOOD, Mar. 22 (UP)—A young aircraft worker today invited a careless winner of a 1935 motion picture academy award SPRING to step forward and claim his or her “Oscar.”

Bruce Kiernan, 20, said he found the metal statuette across the street from his South Los Angeles home. about eight years ago. He’ a RUGS—GARMEN]S

poh pe log Lo Rl ‘the academy brought only de- HOUSEHOLD 600DS

“First- Award, 1935, Academy of mands for its return, caypled with| Motion Picture. “Arts and Sei-| threats of legal action, he said. | EXPERTLY DYED faces) was In a trash can when; Meanwhile, the academy anfound it, he a. Mst of presenters” for ll presentation ceremony | Dyeing Saves Buying of movie celebrities. iThursday night. ~ Celebrities who :

Among possible winners of the will hand Oscars to their col-time-dulled ‘figure are Betteleagues .inelude Anne Baxter, ~ GENERA DYEING

Efforts of Mr. Kiernan to lo-'man, James Stewart and James cate the Oscar's owner throughCagney. 8 3 - AA SS Sa

| | |

. Newsweek looks at Life Insurance

subject of .cludes)$ 502,000,000 to liviag policy holders... —"For our 33,000,000 pohcyholders in the United States and Canada, the total Life insurance insurance in force in the Metropolitan at and the the end of last year was almost $42,000, - developed © 000 000-—an increase of 4 percent over the

—*la 1949, Metropolitan . paid $164, - 000,000 in dividends to policyholders the largest such amoung in the Company's history. Dividends payable to policyholders in 1950 will be somewhat larger in the aggregate than 1949."

="Through the combined efforts of the the net interest earned on Metropolitan

assets was 3.07 percent, compared with 3.03 in 1948, and with 5.18 in 1929.”

2888824301 083000000080000080880

references. ~ pectation of life at birth has improved 18

in the An- —“Fxpenses for the Life insurance com- holders for 1949 will be sent to anyone on

printed as body else. For example, in the Metropoli- be boorowed for showing by local business, Here are tan last year they increased about 4 percent civic, or other groupk in which Metropolitan

HIT NI

METROPOLITAN STATEMENT

3 A, |

Statutory Policy Reserves . $8,252,2%9,531 00 Bends > . vo. $7.298, 738; Abs 1] -Fiir amount: whichir-detormined-in-seeprdance with fegutire we ssi us CoE - _ asia TREO TA OO Tu om quirements, together with future premiums and reserve inter Cansdian Government .. +. « + 242.548.827.19 oat, is necessary 0 assire payment of all future policy beaefits Provincial and Musicipet «sr wv a 9.099, 148 91% th ““ Policy Proceeds and Dividends Loft with Company . 311 949 90. 00 Railroad * EP 1 00. 474 . . Policy proceeds from death claims, matured endowments, sod » Publ Utility . “ee 322,222:366 3 otis payments, and dividendi—le@t with the Coddpany by Industrial and Miscellaneous cee. 2167.230.348.08 beveliciaries and policyholders to be returned in future years Boads of the Company's ovuny evalop AY Reserved for Divi: to Policyhotdery ———} + 64.260. 999.00 ment corporations » 09%, Set aside for payment in 1950 10 those policyholders "stigible Stechs | vy. 116.0% 741 8% #0 receive them CAN but $4, ", PP a are Preferred « or Guaranteed. ‘Pelicy Claims Currently Outstanding 35.504, 438 4) Claims in process of settlement, sad estimated elaime thet Mortgage Loans on Real Hataty . . . Coes. 1,271,007,351.97 have occurred but have not yet been reporied Mortgage Loans on Cuy"Progefties . $1,164238410.48 Other Policy Obligations 64,279,400 04 Morigage Loans on Farms . . . . . 10682913249 Premiums received 1m advance, reserves for ‘mornkty aed : Leans on Policies . : ro 393.248 765.53 morbidity fluctoations, reserve for continuing the program of Made 10 policyholders on he secunty of thei i equalization dividends on weekly premium pohciea, etc Vanes Aderued Fi 36.025,574.00 Real Estate (after decrease » adjustment of $29,000,000 00 : estimated amount of taxes pavable i nm 1930 on the in the aggregate) . . . een WT 28,351.99 business of 1949 and $10,000,000 00 for Federal Taxes on 1947 Housing projects and otha real sini and 1948 income under pending bill. acquired for investment «+ S190 13177986 . p forCompany wee . . . . JSSSTHYT rs. 21,000,000.00 Acquired in satisfaction of mortgage in Lo TAG. * rw nce wn gL AAAI. debtedness (of which $7,166,352.48 is : X JaraL OBLIGATIONS aon as ss «39140318800 47 wader contract of sale). |, LL i Bui 1.07 a TR ‘SURPLUS FUNDS 3 Coen and Bank Deposits Chg tpr soe 1S0IT908LIS Special Surplus Funds + 3 3425200000 Prosmiumms, Deterred snd In Course of Cottoctivn «IESE? Unassigned Funds (Surplus) vox 4743798700) - nn J TOTAL SURPLUS FUNDS : sda Averued Interest, Romte, oe. . . oo. o.oo _ NBILANN | RPLUS ru NDS . , $9,707, 947, 882 %0 TOTAL ASSETS TO MEET OBLIGATIONS . , o -. $9.707,947,602.50

TT TET EEE POTIIRION POON OPINION PORTE

ey METROPOLITAN LIFE INSURANCE CO ry 1 : 3 Modan Avinwn, New York 10, N. V. . QD. Ce send of Insurance Company | mmm rou Anous Koper

comrann A | name . -

Communists as i Did A Nationalists the exiled King Leopold to the pestipmentary elyction throughautic : throne. | But there was no sign that Rus- =

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well as your personality. Only-10.95: From-a- wide

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i 2 i 2 E

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