Verhovayak Lapja, 1937. július-december (20. évfolyam, 27-53. szám)
1937-10-28 / 44. szám
PAGE 6 October 28, 1937 TWO INTERESTING LETTERS VfrhovayQhJgpjd 6% ANNUAL DIVIDENDS Dear President Darago: I am writing this letter to you, as an ardent supporter of a Democratic Government, and also as one, who is interested in the welfare and the superiority of the land of his fathers. Upon reading the July 29th issue of the Verhovay Journal, I came upon an article, an excerpt from the "Christian Science Monitor,” the title being "Hungary’s National Socialists Want Big Estates Divided.” This article moved me deeply. You know the contents of this article. I concluded that if the movement does gain strength, it is just logical, for its leaders evidently offer a bigger bait than the fish they expect to catch. Europe’s Financial status is the cause and not Politics nor the subdivision of large estates. I am convinced that the present Government is doing all it can, to elevate Hungarian Prestige. Hungarian Unity and not apathy is needed. Such organizations, as that headed by Baron Perényi Zsigmond in the Homeland, and the activities of the Verhovay in the United States, should be supported by Hungarian Nationals and those of Hungarian birth. The present Verhovay I believe serves two great purposes. 1st. — The Verhovay does a humanitarian work by its Insurance organization. Secondly, it keeps its index finger on the pulse of Hungary, the land so dear to me, and the other American born American-Hungarians, The good will delegation of the Verhovay, going to Magyarorszag, serves an excellent purpose. Every member of the delegation will undoubtedly tell somebody else, as to how we here in America feel about them, etc. All of this will serve the only one purpose, that is, to permit the tillers of the Hungarian soil to think more logically. Should they think so, they will come to realize that internal discord would only weaken Hungary’s very hard earned prestige, for today Hungary is on the road towards claiming significance in European Politics, more so than in any post-War time. If only we, the "Second Generation” would do something, and I know they can, we could elevate Hungarian prestige, here in America, and to be considered not as mere HUNKY-S but as Hungarians. Again the Verhovay can assume a duty. Mr. Darago, why not begin a correspondence club, through the Verhovay, with the young people and others of Hungary. In this letter I wished only to express my devotion to the Verhovay and if its present policies are kept forever, I shall be a fervent supporter forever. If any Hungarian does want to do something for Hungary, just let them join the VerhoA^ay. Yours most sincerely, Andrew Gombos Sec. & Treas. Br. 484--------o--------Mr. Andrew Gombos 716 Sixth Ave. Beaver Falls, Pa. Dear Member, Mr. Gombos: Your letter dated July 31st, affected me very pleasantly indeed, for the reason that it allowed a glimpse of an understanding and wise man and in its lines could be felt the warmth of love of race. Let the following be a reply thereto: First of all, the Hungarians themselves can change the depressing situation of the Hungarian Nation, by discarding the system of large estates. I have expressed my opinions on this subject on the pages of our Journal when I clearly wrote that the tillers of the soil should be given land. By this, the body of the nation can be strengthened, because, the Nation belongs to the owners of the land! It is apparent that this idea is not new to the leaders of the Hungarian Nation and the fulfillment of it is imminent. Two methods of change are familiar, through which changes in the circumstances of people, can be brought about: the pressure of radical, that is, rebellious eruptions, reform movements, or the actions demanded by natural development. A foresighted man does not deem the occasion of a radical storm of blood which upsets everything, a desirable means of rebuilding and for this reason, thinks to bring about the necessary social requirements, through continued reforms. The constitution of the Verhovay is not erected on a storm. The foundation is constructed of exact mathematical problems. Reforms enlarge and form its' business methods and therefore, it does not deviate even in nationality, from the increased demands of development acknowledged as correct by it. That is why it is on the same road as Baron Perényi and others who are attempting to fuse together the small atoms of our Nation in order that with their union they may give weight and pressure to that racial will which expresses the desire to live. The Verhovay representatives have visited Hungary on this the second occasion and these are the preliminaries to that World Congress which will be held next year, with the participation in it, of Hungarians abroad. Therefore, we shall not add our tune prematurely, to that concert, the notes of which are but now being set down by national necessity and for this reason our members are merely paying a brotherly visit at this time. It would be a mistake to instigate the second generation to a national movement only with the raising of emotions — even through correspondence, because the understanding and intelligence of this demand that we permit them to see to the core of our aims to Avhich we desire to win their support. * We must await the results of the World Congress’s work and if they weld the ties that bind the Hungarians abroad and those in the Homeland in a manner demanded by natural development, then the second, nay even the third generation will find their niche therein, such a place moreover, as is worhty of them. Your letter, dear member Gombos, was very commendable and to me very precious and from the above you can deduce the seriousness of the reply. Therefore, I believe that you will give my expression due importance, wherein I state that we should wait with the starting of movements until eve can deduce cause and effect, also. Fraternally yours Joseph Darago Supreme President HOW DO YOU KNOW? Your death may be SUDDEN, SOON, & ACCIDENTAL During the month of October, dividend checks are again being mailed to each Local Branch. For a number of years Verhovay Fraternal Insurance Association has been returning annually to her members, a refund or socalled dividend, of 2% of the reserve required for each membership certificate which j has been in force for a period j of at least thirty-six months on the 31st of December of the previous year. This means that Verhovay is really paying 6% annually to each member who possesses a certificate requiringa reserve of 4% accumulation in addition to the above mentioned dividend or refund of 2%. 1. — While the member receives only 2% in actual cash, his certificate reserve or cash value option is being increased by 4% each and every year it is in force. 2. — The continuation of these magnificent annual dividends depends upon Verhovay having each year, a low mortality (death rate) experience, along with high percentage of income earnings on her investments and also a most conservative expense budget. It would not be fair to those who pay their dues promptly if this extra 2% is also paid to those members who are continuously slow and delinquent in their payment of dues. If all dues were paid on time or in advance, it would save the Home Office considerable expense in checking up on those who are always slow and delinquent. While old line life insurance companies alloAv thirty days or one month grace period for the. payment of dues, Verhovay permits a period of three months. Strictly speaking, it is my opinion that these 2% annual certificate reserve participations should first be used to reduce any non-interest bearing membership lien or loan. The best way for our members to help Verhovay to be in a position to continue these annual 2% dividend refunds may be listed follows: 1) Be sure to pay your dues promptly. 2. ) Help each month to obtain new members. 3. ) Form local committees if necessary to visit those members who carelessly or foolishly have permitted their certificates to lapse. 4. ) Attend your local branch meetings and help make them so interesting that a much larger percentage of the membership will want to be present. 5. ) If your nearby neighbors are healthy, clean-living and moral members of the white race, you should explain to them that Verhovay offers them the best plans of life insurance at the lowest net cost. 6. ) The dues that are given to Verhovay are actually im-ested and not paid by the member. 7. ) Verhovay pays for sickness and accident as well as death and our new certificate reserve is being increased annually by 3/%-8. ) Since January 1, 1936, all new certificates are based upon the % interest assumption plan. 9. ) While no life insurance company or society is permitted to guarantee future annual dividends, they are permitted to assume that past dividend experience may be continued in the future. 10. ) Report • immediately to your local branch officer or to the Home Office the names and addresses of any and all persons that make false statements about our * association or make unfair comparisons of our rates and insurance plans with those offered by other societies of by life insurance companies, 11. ) After you have reported them as explained above, if they continue their guilty actions, you should continue to report them until they cease making these false statements or unfair comparisons. 12. ) No organization can offer any better insurance than you can procure from Verhovay, and as long as our membership shows their loyalty as explained above, the net cost of Verhovay insurance will be as low as possible. * CLEVELAND, O. FALL FROLIC Held by English Branch 366 of the Verhovay F. I. Association Sunday Nov. 7, 1937 at the VERHOVAY HALL 8637 Buckeye Rd. Cleveland, Ohio A dm. 35c. — Free checking Everybody Invited