Verhovayak Lapja, 1937. január-június (20. évfolyam, 1-26. szám)

1937-06-26 / 26. szám

PAGE 8. June 26, 1937-Zffliovayokjgpj Journal of the Verhovay Fraternal Insurance Ass’n. Printed by STATE PRESS, 7 E. Buchtel Ave., Akron, Ohio PUBLISHED WEEKLY BY THE Verhovay Fraternal Insurance Association Editors: BENCZE JANOS és RÉVÉSZ KÁLMÁN, Szerkesztők EDITOR’S OFFICE — SZERKESZTŐSÉG: 345 FOURTH AVENUE, ROOM 805, PITTSBURGH, PA. Ail articles and changes of address should be sent to the VERHOVAY FRATERNAL INSURANCE ASSOCIATION, 345 FOURTH AYE. PITTSBURGH, PA. MINDEN, A LAPOT ÉRDEKLŐ KÖZLEMÉNY ÉS CIMVÁL­­TOZÁS A VERHOVAY FRATERNAL INSURANCE ASSO­CIATION, 345 FOURTH AVE. PITTSBURGH PA. küldendő SUBSCRIPTION RATES: United States and Canada $1.00 a year Foreign Countries $1.50 a year Advertising Department (Hirdetési iroda): P. O. Box 7. — Woolsey Station — Long Island City, N. Y. Entered as second class matter January 2, 1937 at the Post Office at Akron, Ohio, under the act of March 3, 1879. EDITOR’S FORUM WE SHOULD INSURE Two million young Americans graduated from high schools and colleges th’s month to begin the search for jobs. Most of the honorary degrees have been bestowed, and the gentle rain of honors is over, for another season! Do undergraduates and graduate students who have •won their degrees of credit at a time resent the case with ■which successful men garner them each June, without ever cracking a book? Probably not. For here is the significant thing about honorary degrees. Relatively few of them are planted in barren soil. They fall with regularity on men who amount to something, which is proper. They produce with the same convincing regularity, monetary and moral support for the institutions which distribute them. That does not include the excellent com­mencement addresses which their grateful recipients de­liver in partial repayment. The value of those thoughtful, and at least flowery, speeches alone must more than cover the overhead for this American custom. No one gets anything worthwhile for nothing, not even the right to be called “doctor”! Hon. Carl K. Withers, Commissioner of Banking and Insurance for the State of New Jersey, has 'kindly consented tp our reprinting this article which he recently wrote for the New York Herald Tribune. If any institution which modern civilization has de­vised and developed can pre­sume in these days of flux to point to itself as an axample of one successfully combat­ting adverse economic forces it is the institution of Life Insurance, which has pro­tected so many of the na­tion’s dependents and which has removed from the care of the community so many who might otherwise have been dependent upon it for assistance. The workings of the busi­ness of life insurance are never spectacular. When depression strikes it con­tinues on its way; meeting not only its obligations to beneficiaries, but also ex­tending to living policyhold­ers financial assistance to carry them through the pe­riod of financial stress or emergency. Similarly, as recovery takes place, its con­tinuance may again appear unspectacular as compared to sudden growth in other activities which engage the efforts of our people. In the speculative fever which recovery may bring, the in­stitution of life insurance will stand as the basic ele­ment in the individual econ­omy; protecting the thrifty and allaying in a large mea­sure the distress of individ­uals which fluctuations in the recovery movement may leave distressed. The logical conclusion to be derived from these facts is that we should insure; not to support the institution of life insurance, but to support our dependants, or to pro­vide our deferred personal requirements; preparing in advance for that period when we shall no longer be able to provide for ourselves. It is fitting that the men and women devoting their ener­gies to the promotion of this great enterprise, the press, civic organizations and even the church should set aside each year a special week — Life Insurance Week —- to bring intensively before the people the great benefits which life insurance may provide for their loved ones and for themselves. What Leading British Personalities Maybe the toughest labor problem of all is the one which gets the least atten­tion. Wives and mothers know all about it, but they lack spokesmen to present thek case. There’s nothing sensation­al anyway in trying to feed a family and meet obliga­tions without enough money. It’s just sordid and miserable. H ome makers never know how long a strike is going to last, yet their job is to make the cash and the credit, when the cash runs out, last just a Fttle longer than the strike. They don’t all feel the same way about the issue of the strike itself, of course. They take sides, just like their husbands, and not all of them agree with their husbands, either. . Labor organizers, knowing they can’t appeal successful­ly to a workman whose wife has the opposite viewpoint, try to get as many women as possible on their side. Some day, everybody hop­es, the machinery of labor relationships will be so ef­ficient that strikes will he un­necessary and undesirable. MAIL FRAUD PROBE ORDERED BY FARLEY Benefit Groups Charged With Huge Swindles Postmaster General James A. Farley ordered a nation­wide investigation of opera­tors of fraudulent mutual benefit life protection organ­izations conducting their schemes through the mails, Hé revealed that postal inspectors have more than 100 such enterprises under surveillance. Complaints reaching the department in* indicate that losses total thousands of dollars annual­ly, he said. The office of Chief Inspec­tor Kildroy Aldrich said added impetus had been giv­en the drive by convictions of two alleged operators. Angus C. Littlejohn, Springfield, 111., was given an eight year sentence and fined $12,000 in connection wúth an investigation of the National Aid Society. Chas. E. Hill, Lake Charles, La., was sentenced to three years imprisonment for allegedly fraudulent operations with the Southern Life Club of Physicians’ Guaranty Union. THINK OF THE LEAGUE OF NATIONS AND OF THE UN­SOUND FRONTIERS OF TODAY Fifteen prominent per­sonalities figuring in British public life (Lord Arnold, Lord Astor, Henry Carter, John Fisher Williams, Ed­ward Grigg, Lord Hardinge of Penshurst, George Pans­­bury, F. O. Lindley, Lord Lothian, Edith Lyttleton, Charles E. Raven, Lord Reir nell, Lord Sanderson, Do­nald Soper, Lord Trenchard) were the signatories of a Let­ter to the Editor of “The Times” which appeared in that journal on April 14th, and contained the following very instructive statements: “If all nations were mem­bers of the League, if the League possessed power to revise treaties, remove bar­riers against the movement of goods and of people, and to remedy other conditions calculated to lead to war, e* conomic sanctions might pre­vent aggression without se­rious risk of war. But it is quite clear that the present international tension and cri­sis is fundamentally due to the fact that the League has not been able to deal with any of the major problems of the contemporary world. It has been unable to modify frontiers admittedly un­sound, to abate economic nationalism — though this is by far the biggest single cause of social unrest, dic-1 tatorship, and international tension — or to limit arm­aments, just as it was unable to give to Germany, even when it was a republic, the “equality” which was its nat­ural right.” —- y — WHAT IS A LAPSE? When a policyholder lap­ses a policy, he lapses his hopes, his plans, his econom­ic welfare and his best assur­ance of financial happiness. He lapses schoolbooks and warm clothes and stout shoes and slices of hot buttered toast and big glasses of milk for growing children. He lapses four years at college and a fair start in life for his children. He lapses a home for the widow. He lapses the companion­ship of the mother and the children, the richest boon life offers. He lapses an old man’s food and lodging. He lapses his insurability, for you buy life insurance with good health and only pay for it with money. — (N. W. National News.) BEFORE YOU LOSE YOUR HEALTH YOU SHOULD SEE that YOU HAVE SUFFICIENT LIFE INSURANCE CHICAGO, ILL. BRANCH 96 At recent meetings held by Verhovay Aid Associa­tion Branch 96 of Chicago, 111., a committee of eight was appointed to promote a new regime in athletic history on the South Side. The com­mittee is composed of Messrs. Andrew Tinich, Coach and Manager; Frank Tinich, Athletic Chairman and Treasurer; John Salan­­cy Advisor; Sam Pastor, Publicity Manager; Joseph' Kish, Peter Juhasz, Louis Sabo, Steve Nemeth. They will establish a Verhovay Booster Club which they hope will give them unlimit­ed support. Said club mem­bers will hold honorary memberships in the Senior Lodge. The Verhovay baseball teams have for the last six years progressed far above the expectations of their promoters and loyal sup­porters. These teams were limited to boys of a certain age —- 17 to 20 years — and to date these restrictions are still in effect. The Senior Lodge can point with pride to some of the alumni of past terms who have caught the eye of professional scouts and are now playing baseball in vari­ous parts of the United States. Last year’s Verhovay team established an enviable record. A total of 66 games were played against more mature teams, yet they lost only seven games which leaves the team holding the remarkable average of .865. In 1935, they reached the finals in the American Le­gion Tournament but lost the final game 1 to 0. When the 1935 season ended, only 3 losses were recorded. Recently President John Salancy disclosed a verj7 in­teresting baseball program which will take effect as soon as the team is whipped into shape. Up to date the Verhovay Baseball team has set the pace for their oppo­nents in the West Pullman Park Baseball League —­­winning two games and playing a thrilling ten inn­ing game which had to be called off on account of darkness, Losing only one game by the score of 2 to 1. Being the youngest team in the League, their Boosters feel more and more confi­dent that their support and loyalty will not be wasted. If any Verhovay team wishes to book a game with the Branch 96 team, ar­rangements can be made through Mr. John Salancy 12042 Princeton Ave. Chica­go, Illinois. Sam Pastor Publicity Mgr.: WE ISSUE INSURANCE WITH A HEART W’E PAY WHEN YOU ARE SICK OR INJURED

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