Verhovayak Lapja, 1940. január-június (23. évfolyam, 1-26. szám)
1940-03-28 / 13. szám
Page 4 March 28, 1940, Our Actuary's Col 376 IIEKALD JOHN "DIRK” FULOP, JR. Verhovayak Lapja_________ INSURANCE SEES AHEAD Time and health are required to accumulate an estate for a man of moderate means, which will return sufficient income for the support of his family. Time must include longer life, but it does not always include health. Twenty-five years is not too long to allow for the earning of such an estate, but in that time many unforseen things can happen. In other words, we can save only at certain times, because we all fall heir to occasional sickness or periods of extravagance. It is easy to write out a check on our savings account and spend what we have saved for a couple of months and think nothing of it. But with life insurance a man cannot spend his money like that and keep his insurance in force also. Statistics prove that the majority of persons who save through life insurance will keep paying after they have paid for fifteen years, but very few persons who start with savings accounts will increase them after they have saved fifteen years. Another thing that works to the disadvantage of accumulating an estate through investments, is that to be a safe investment its return will be smaller. If you invest at a big return you are only taking chances on the payment of your principal being honored when due. It is not sc with insurance. Insurance organizations have trained men who know how to invest to get the greater amount of return without jeopardizing their principal. For this reason every estate should include a policy of life insurance. VERHOVAY gives you more than you give them, because its values are always fixed, whether now or in the future, while other forms of investment are based on conditions or opinions. Insurance is the only investment that is not interrupted by death. By this I mean that the estate begins to function after the insured dies. There is no expense or red tape connected with it; it is paid to the beneficiary as soon as possible. It is a will that can not be broken. When a will has been announced by the courts, it is a sign for the sharks to get ready to try to sell gold bricks to the heirs. There are no losses what ever in insurance like there are in executing an estate. It is true then that life insurance should be the base of every estate and it is up to the insured to see that every provision has been made to meet the vital needs. This can be done by making a survey of your program, which should be broad enough and strong enough to be expanded with increased prosperity. The following are four good reasons to be incorporated in your program. 1. Give the children an education. CHRONOLOGICALLY SPEAKING, spring has already arrived. It is said a young man’s fancy turns to love during this period of the year. I, heing a young man, am not immune to the tyranny of this temporal monarch. Eut my amorous affiliations are directed in a channel not regularly ' frequented by the followers of Cupid. My "affaire d’amour” is mathematics. Therefore I am submitting a biographical thesis on the subject just to show my sincerity. “WHY I LIKE MATHEMATICS" Or A Hysterical History of Math. Perhaps the answer to the question which makes up the title of this history can be answered in this one line of Poetry: "Love is Pain,’’ from the poem "Futility," by E. Graham. Love is pain. What further explanation is needed? Another reason for my liking math may be because what a modern sage said is true: Boy meets girl; girl hates boy; girl loves boy. In my case, boy meets mathematics (unavoidable on his part), boy hates mathematics (quite understandable) ; boy loves mathematics (not understandable, in fact amazing). Thereby we come to the conclusion by analysis, logical deduction, and the process of elimination, that boy is suffering from dementia praecox, scholastic imbecility, or some other mental disease beyond the cure of psychotherapy. But on with the history whether we like math or not. “We must all suffer for the sake of art.” Following is the unvarnished truth about math; historical facts unknown till now; facts of such magnanimous vitality that you will be thrilled, shocked, dazed and disgusted. Let's begin with the evolution, metamorphosis, biography and derivation of the word "mathematics.” It comes from the Greek word “mathematiké,” which in turn evolved from "mathánein,” which means, to learn a science. The Pythagoreans are responsible for the technical meaning and they distinguished four branches of mathematics; Arithmetic, Geo metry, Spherics and Music. Historically speaking, math is first encountered in Egypt. The Egyptians had a numerical system and an elaborate but cumbersome treatment of fractions. Babylonia was the next place where math sprung up. The Babylonians applied geometry and arithmetic to astronomy. They gave the first suggestion to the Sexagesimal System of fractions which developed by the Greeks was commonly used in the meas u rement of time and angles. But math as a progressing science started about 600 B. C. with the establishment ‘of the Ionian school in Greece, the founder of which was the great Thales. The next important step was in Italy. There Pythagoras founded his famous school in Crotona. Shortly afterwards Hippocrates of Chios started Athens on the road to become the mathematical center of the world for the next 150 years. Plato brought mathematics up to the height of its infamy and the third century B. C. saw the Alexandrian School where Euclid taught and where Archimedes, Appolonius, and Erotothenes stud ied. The Parents of Euclid named him after a famous street in Cleveland, Ohio. About this time Archimedes existed and one day while taking a bath, deah, dean, he made a mathematical discovery. He was so overjoyed at this that he jumped up and ran about the streets of Athens after a strip-tease fashion shouting, "Eureka,” which means, “I have found it.” What he found I have not as yet ascertained. Another guy in a tub (not taking a bath, he lived there) was Diogenes, who cynically went about the streets of Athens looking for an honest man. Then there’s one about the traveling salesman... er . .. pardon me .. . this is supposed to be about mathematics. This would he as good a place as any to mention that Heron and Ptolemy were the greatest Greek writers on applied geometry. The Romans did almost nothing 2. Guarantee a living to my family if I die. 3. To keep my estate debt free. 4. To accumulate money for old age. Statistics prove that out of five million uneducated men only 31 succeed in life. Out of thirty-three million v/ho attended grade school 808 have succeeded. Out of two million who attended high school 1,245 succeeded PAST The Verhovay Fraternal Insurance Association looks back upon more than a HALF OF A CENTURY of substantial well-rounded progress. "QUALITY, SER VICE AND SAFETY, FIRST” has characterized its growth. PRESENT With over $25,OGO,000.00 of insurance In force. Verhovay is the largest legal reserve society of Hungarian origin since 1S86. The society enjoys a high place among (he finest quality societies of the nation. FUTURE With a splendid past, a strong present position, complete life insurance service including sales plans, helpful home office cooperation, policies for all ages including children from b’rth and adults to age 60 the future for the society and the men who represent it is most promising. Verhovay Fraternal Insurance Association 345 FOURTH AVENUE PITTSBURGH, PA and of every million who attended college 5,758 have attained success. Out of every 1000 children who start lo school, only 25 ever graduate from college. The reason for this is the lack of funds that have forced them to quit school due to the death of their father. With an educational policy, funds are provided if the father should happen to die, if he lives, the policy will mature anyhow. Due to the shrewd manner of investing money safely, mothers would not be able to compete with same, so the insurance is kept intact after the death of the husband and invested by the insurance organization which in turn provides for the family as needed. When a man has created his estate, then he must provide for keeping it free of debt after he is gone. This is done by setting aside a portion of his insurance called the cleanup policy which returns immediate cash to meet unpaid bills and to keep the family intact until a readjustment is made. When a man has prepared for everything else that should be done after he dies, then he looks forward to what he will need if he lives. In other words he wants an income for old age. When he has provided for everything and is free from all worry and independent of others, then he may be able to have some of the things he has yearned for in his younger years. He may want to own a farm, or take a trip to another country, or travel around the country, and many other things. This can be accomplished by providing for insurance to be payable in cash after a man reaches a certain age. for the advancement of mathematics (my friends). Their small contribution was a purely mercantile one, namely, the practical work of surveying. The first definite trace of really satisfactory work among the Orientals was that of Aryabhatta who possessed considerable knowledge of the theory of numbers in Algebra, and also of the first principles of trigonometry. Some of the great mathematicians of the Hindu race were Brahmgupta, Mahavir, and Bhaskara, who developed Algebraic Symbolism. Now we come to the greatest of ancient mathematicians, Archimedes, of Syracuse (not N.Y.). He possessed equal knowledge of astronomy, geometry, hydrostatics, mechanics and optics. He invented a pulley for lifting heavy weights and the revolving screw'. His inventive genius wras especially exemplified in the defense of Syracuse, when it was being besieged by Marcellus. On that occasion he devised a burning glass formed «if reflecting mirrors of such power that by it he set fire to the enemies’ fleet. Year- after the city was again attacked. At the time he was engrossed in some mathematical work and when the soldiers were about to capture him, he said, “Take my life but do not disturb my circles” (not under the eyes either!). Another great mathematician was Pythagoras, who founded the school which has made the most progress in mathematics. This same school gave the rigorous proofs we demand today. By improvement in definition, systematization, and by deduction, the study of geometry at the hands of the Pythagoreans was made * factor of liberal education. The first of the European writers to contribute in a large way to the science was Leonardo of Pisa. This was in the beginning of the 13th century. The 16th century brought the Renaissance and a renewal of interest in mathematics. During this century the Italians distinguished themselves. The more noticeable ones were Tartaglia, Ferro, Cardan, Ferrari and Bombelli. (Perhaps spaghetti helped them solve problems concerning parabolas, circles and curves.) The discoveries of Descartes in the 17th century added great impetus to mathematical investigation. So also did Napiers work on logarithms, Newton's invention of the fluxional calculus and the differential calculus by Leibnitz. By the way, Newton was the one who discovered the law of gravitation which has kept us from falling off the earth. The new geometrical conceptions of Riemann and Lobatchevsky in the 19th century laid the foundation for Einstein's theory of Relativity in this century. This theory is not to be confused with “Bob” Burn's theory of relativity. (The End) P. S. This month marks the anniversary of my MASTERFUL contributions to the Journal, and from my steady flow of GENIUS you readers have been fortunate enough to partake. Ahem!-------------O-------------When you get into a tight place, and everything goes against you, till it seems as if you couldn’t hold on a minute longer, never give up then, for that’s just the place and time the tide will turn. —Harriet Beecher Stowe.
