Verhovayak Lapja, 1940. január-június (23. évfolyam, 1-26. szám)
1940-04-25 / 17. szám
Page 4 April 25, 1940 Journal of the Verhovay Fraternal Insurance Ass’n OFFICE OF PUBLICATION 8502 West Jefferson Ave Detroit, Michigan PUBLISHED WEEKLY BY THE Verhovay Fraternal Insurance Association Editors: JOHN BENCZE and COLOMAN REVESZ Editor’s Office 345 FOURTH AVENUE ROOM 805 PITTSBURGH, PA. All articles and changes of address should be sent to the VERHOVAY FRATERNAL INSURANCE ASSOCIATION 345 FOURTH AVENUE - PITTSBURGH, PA. SUBSCRIPTION RATES: United States and Canada $1.00 a year Foreign Countries $1.50 a year ADVERTISING DEPARTMENT: P. O. BOX 7. WOOLSEY STATION — LONG ISLAND CITY, N. Y. Entered as Second Class Matter at the Post Office at Detroit, Michigan, under the Act of March 3. 1879. Our Actuary's Column Approximately 63,000,000 million men, women and children in the United States own life insurance, upon which they make premium payments of about $3,521,000. This number of people united under the banner of life insurance who voluntarily pay their premiums year after year, so that they might have life insurance, is a picture of such magnitude that we must pause and wonder. You ask, what force leads these people to buy life insurance? What idea has made life insurance the first business of the Country? What caused this astonishing growth? Why has it expanded from such a humble beginning about one hundred years ago to such an institution of vast proportions today? Great institutions do not just happen. They are built upon foundations that are fundamental and necessary for the welfare of the people. Without such support there would be no institutions. Think of the humble beginning of Verhovay and compare it today. What does life insurance offer so valuable that for the people to secure it they set aside millions of dollars of their income each year? Stop and ask some of your friends that have life insurance and they will tell you SECURITY now and in the future. It takes money to pay for the bills of life. The world is full of good things, pleasant homes, clothes, surroundings, schools, recreational facilities and many others, but it takes money to buy and keep these comforts for ourselves and families. To get that money man must work for it and the moment something happens that will stop him from earning money any longer, then he must also lose the good things in life. Every man realizes that the day will come when his income will stop, because of his death or because he is too old to work anymore, then the problem of a new source of income will face him. Can a man save enough money in his younger years and support his family at the same time and when he gets too old to earn anymore retire and live on what he has saved? Its a big problem is it not? Either a man must be at work earning an income or his savings must be at work earning an income for him. Since time immemorial people have been trying to find the answer to the problem of creating a new source of income through savings and investments, but try as they may, the odds are too great and they are seldom successful. Why is this so? In the first place they cannot save regularly over a period ol years. They may start and save for a few years, then something unexpected turns up and they have to stop for a while and it is twice as hard to start all over again. And yet, unless we do keep on savings we cannot hope to have enough saved to insure an income in later years. In the second place if a person is successful in saving a large amount of money he must invest it at a fair return. Can the average man invest wisely? We know time and again where men well versed in investments had make a mistake and lost considerable money. The worst part is that depressions happen so frequently that the savings are used up to keep living. The third and most important reason why a man will fail in his plan to estab-376 HERALD JOHN “DIRK” FULOP, JR. Verhovayak Lapja__________ Did you ever notice that everytime John Garfield is in a picture he moans about the dirty deal he got in life. In his last picture. “Four Wives,” he was supposed to be dead and even then he came back as a spirit to berate destiny. Casting loyalty for the hometeam aside, I, venture to say that the Pittsburgh Pirates will fight it out for sixth place with the Bees and Phillies. Decrepitude and anemic pitching arms of the'twirling staff forces me to make this opinion. I have the unique privilege of being one of the very few spectators who witnessed the only flood disaster to occur this year. In fact I know the victim very well. March 31 the waters of the Allegheny rose above their banks and flooded adjacent railroad tracks and thorofares. I, with several companions, migrated in unison with the entire population of the North Side to view the spectacle, and on the way I bemoaned that fact that I had nought whereof to write about in my column, which was due very shortly. A warehouse nearby was flooded on three sides, and I and ray companions, in an effort to enjoy greater proximity to the innundation, went around to the dry side of the warehouse. This cut off our view from the crowd entirely. There dangled from the roof of the warehouse a rope several inches in diameter, which offered great temptation to my companion who, after several “Dares” decided to swing on it. The rope hung over the corner of the building, so that when he swung out, he was immediately above the water. But instead of staying above the water, he skidded into it. Being in a doubled up position, more of him got wet than if he had waded in up to that spot. I lent him my overcoat, as he had been wearing a jacket, and with water making a squeaking noise everytime he took a step, we trudged home. Here is the story of our flood victim whom we quote here: "I only done it so “Doik” ’ud have sumtin’ ta write about, and the foist guy dat makes a crack will git slugged by me.” And I say, so what? I had to write about something. CONCENTRATION versus SCATTERBRAIN: Whenever the office force finds out that I am going out on an errand they all think of something for me to procure for them too. Like what happened the other day, the president of the corporation called me into his office and told me to go the various train depots to get time tables for him. I don’t know how anybody found out about this time but when I left his office there W’ere three girls asking me to purchase their lunches for them, and before I got out of the building I had several other things to get too. In a nutshell, here is what I was supposed to obtain. Time tables for the President, who was going on a trip. Light lunches for several of the girls who were on a diet, and a double shot of Root Beer for one of the men who was on the water wagon. The lack of concentration no doubt was the cause of my utter befuddlement when I got to the ticket office of the R. R. station. lish a new source of income when his present income stops, even though he did save regularly and he invested wisely, is that he has not had sufficient time to build up an investment large enough to yield him a satisfactory income. Why? Because he would have to have exceptionally good luck from sickness, from accidents and working conditions. In other words the formula that has been used by many persons is that Thrift plus Investments plus Time will give a new source of income. It is true providing the little word IF does not enter into his plan. If he saves, if he invests wisely, if he lives to complete his plan, then he would have his income. But, just as soon as one part of the plan fails, then his income fails. That is the problem that faces the average man today. The one and only way to solve that problem today is through life insurance. (Contact one of Verhovay’s Organizers and have them explain their insurance to you). With adequate life insurance added to the above formula you now have a new source of income. Life insurance helps a man save regularly year after year, because when his premium becomes due on a certain date he must have the money ready or his family will suffer. Experience shows that under the life insurance plan men do save more money over longer periods of time and with more success than other plans. Life insurance guarantees safe and successful investments. Examine the records of any insurance organization and you will find that they are recognized as having the most conservative and safest of investments. Their principals have been tested by three great wars, nineteen depressions and the greatest epidemic in modern history. In life insurance the average man is assured an investment plan which is the last word in safety. Life insurance also solves the problem of Time. Any other plan of saving requires time for completion. Life insurance recognizes death and admits the possibility that a man may die long before he has had time to accumulate enough to insure him an income. Even though he only makes 1 or 2 payments and he dies, the amount stated in his certificate is paid to the family. Think it over and then see Verhovay. . Anyway I started asking for a Biaunschweiger table to Detroit with lettuce and mayonnaise; then I asked for the price of a round trip sandwich to Coca Cola, Michigan. I finally got it right and also the time tables, but as I left I heard the one man say to the other: “I’ll bet when he was born the doctor told his mother that she hit the “Jerk”—pot. Perhaps they took my census in 1930 and never brought them back. At any rate, when I was about to purchase the lunches I started asking for a P. and L. E. sandwich with an upper berth, a cup of B. and O. to take out, and a piece of P. R. R. pie to Mayonnaisevllle. Well it took me longer to get this straightened out than it would for take a tongue-tied conductor to tell a bow-legged passenger where to get off. W’hen I returned to the office loaded down with nutriment, the women were talking about their operations and illnesses, and one of them start singing “That old ganglia of mine.” After the third redistribution, everybody got what he wanted, even if the boss’ time tables did have mustard on them. Later I sat down to figure out why I had bungled everything. I drew one conclusion that it couldn't be because my mind had wandered, for the very reason that my mind is so narrow it can't go very far. I consoled myself with the fact that, maybe if 1 had concentrated on the errantry. I would probably have forgotten about traffic and wandered into it. Then where would I have been? Scattered along Smitbfield Street, no doubt. Whether I should have concentrated or let my mind wander is controversial, with much tó be said on both sides, like two women arguing over a back fence. Perhaps if I don’t learn to concentrate I’ll lose my job, and on the other woolen mitten, if I do concentrate I’ll lose my life, but then I’ll still have my job. Maybe they should hire an assistant for me because, as the gambler with the crooked coin, said: "Two heads are better than one.” Concerning this mind wandering and concentration, it is my guess that "never the twain shall meet,” because the "twain jumped the twack.” However, this argument, like a woman’s girdle, is merely a hypothetical structure built upon stern reality. This has gone far enough and anyway I see two men in white coats coming, so I guess I’ll stop and go south of the border to play "Scatterbrain” on my warped ukelele. —-----------O------------DO YOU KNOW that the statue of the Hungarian King Stephen Báthory of Poland, was erected in the Italian city of Padua? * * * DO YOU KNOW that the Interparliamentary Union appointed one of its universally acknowledged statesmen and orators, the late Count Albert Apponyi, to expound the Union’s aims to the United States Senate and Congress? And that years before the World War, this Grand Old Man of Hungary drew up the first plan for an International Peace Conference and a World Parliament to avoid bloodshed? .....
