Verhovayak Lapja, 1949 (32. évfolyam, 1-12. szám)
1949 / Verhovay Journal
PAGE 4 Verhovay Journal March 16, 1949 Verhovay Journal Journal of the Verhovay Fraternal Insurance Ass’n. OFFICE OF PUBLICATION 7907 West Jefferson Ave. Detroit 17, Mich. ” PUBLISHED MONTHLY BY THE Verhovay Fraternal Insurance Association Managing Editor: JOHN BENCZE Editor: JOHN SABO Editor’s Office: 436—442 FOURTH AVENUE PITTSBURGH 19, PA. Telephone: COurt 3454 or 3455 All articles and changes of address should be sent to the VERHOVAY FRATERNAL INSURANCE ASSOCIATION 436—442 FOURTH AVENUE PITTSBURGH 19, PA. SUBSCRIPTION RATES: United States and Canada ....................................................... $1.00 a year Foreign Countries ............................................................................. $1.50 a year Entered as Second Class Matter at the Post Office at Detroit, Michigan under the Act of March 3, 1879. The Quest For Security Men and women strive for security. It has always been so. The quest for economic security brought more people to the New World than the quest for freedom. Expressed in the American tradition of thrift, this urge has contributed mightily to the building of the most productive land on earth. The hope of achieving security for self’, for family; the enjoyment of security in the community, the nation, are essential parts of the American way of life. Only the strong can be free and only the productive and thrifty can be strong. The pioneer American relied upon his faith, his strong right arm and his musket. Our security problem today is much more complicated. THREE WAYS TO SECURITY There are three principal ways in which to build our own financial security: life insurance to protect our dependents; a savings account as a safeguard against emergencies; regular investment in United States Savings Bonds for future security, opportunity and protection in time of need. The knowledge'" that your life is insured will give you real peace of mind. Keep your insurance in force. A savings account enables you to meet emergencies without borrowing money or cashing Bonds. Avoid all waste and extravagance. Get the best possible value for the money you spend. Budget your saving as well as your spending. Have an adequate savings account. You can start with *a few dollars and build it up. To build up buying power for the future, when dollars will buy more and you can invest in important things, such as a home of your own, a farm, equipment for better living, education for your children, and have funds to insure an independent, dignified retirement after working years are over, invest regularly in TJ. S. Savings Bonds. The United States Treasury says: “Instead of helping to keep prices high, as dollars unnecessarily spent will do, cash put away in these safe Bonds will be available in the future when you need it most, or when it will buy something worth while. Start your Savings Bond security program today. Save the automatic simple way through the Payroll Savings Plan where you work, or, if you are self-employed, through the Bond-A-Month Plan where you bank. If neither of these plans fits your circumstances, buy Bonds as often as you can at any bank or post office.” The Verhovay F. I. Association provides life insurance protection for our members. Thrift is part of our basic creed, and thrifty living includes insurance, a savings account and all the reserve you can build up in Savings Bonds. Your national officers are supporting the Savings Bonds program in peacetime as we did when there was a war to be won. Through the National Organizations Committee for Savings Bonds, on which we are represented by the president of the National Fraternal Congress, we are helping the Treasury Department promote the sale of Bonds to and through our members. This Committee was formed in March, 1948, with 14 members representing some, 10,000,000 Americans belonging to civic, service and women’s clubs, fraternal, fraternal benefit and veterans’ societies. The good work that it performed during the Security Loan campaign of last Spring, and the good sense that the Savings Bonds program makes in every way, brought additional organizations into the Committee. Its 38 members today represent 153 national organizations with a total of 35,000,000 members. HOW BOND SAVINGS BUILD UP By investing $18.75 in a $25 (maturity value) E Bond each month, the thrifty saver provides $25.00 a month, beginning- in ten years, to supplement social security, pension or other income for retirement. You can increase this in multiples of $18.75 up to the limit of $7,500 a year ($10,000 maturity value) in E Bonds. Take a pencil and figure it out. Compound interest is a wonderful thing if you are on the receiving end of it. Since E Bonds return $4 for each $3 invested in them, after ten years, you, can, for instance, save the cost of three years of college for a child and the accrued interest will pay for the fourth year. Millions of Americans are buying E Bonds to build up retirement income, planning to re-invest as the Bonds mature. Each ten years will increase the original saving by one-third. On the Payroll Savings Plan you can pay for your E Bonds in partial payments. On a weekly basis this is how fast your savings accumulate in E Bonds: Every Lodge Needs Leaven Of Youth — Reprinted from The Fraternal Monitor. ■—, (In our article “The Other Side Of The Story” appearing on page 9 of the last edition of the Journal, references were repeatedly made to this editorial reprinted from the Fraternal Monitor. It was supposed to appear next to “The Other Side Of The Story” and observant readers may have been somewhat mystified by our references to a non-existent article. The explanation, of course, is simple. Last minute insertions upset our layout and this reprint was omitted. Its belated appearance . is intended to show -that we have not been arguing with ourselves. Those reading this reprint are urged, however, to look up “The Other Side Of The Story” in our last issue, for the two were supposed to go together. Ed.) Leaven: To make light. To mingle or permeate with a transforming element. Anything that makes a general assimilating change in a mass or aggregate. Some lodges are very stuffy. They are officered by men who have been in the chairs so long that they seem welded to them. They appear more like graven images than human beings. They are narrow in their views to the point of bigotry. They bitterly oppose any change, regardless as to how advantageous it might be to the lodge. They do not welcome criticism and are deaf to suggestion. It is often into such a stale, hostile atmosphere that the Junior is graduated, or the new member is inducted. These new members, usually young men, after their initiation are expected to sit on the side lines and listen attentively to the humdrum discourse of their elders. Any interruption to these sage remarks is instantly frowned upon. Any suggestion that1 some intrepid new member might set forth is either received with a superior smile from the presiding officer, or meets with a silence more potent than the scream of a fire siren. Is it any wonder that such, lodges are slowly expiring from dry-rot? Is it any surprise that the lapsation rate is high in such a district? Can any person give one good reason why a new member should become even remotely interested in such an organization set-up? Yet such a condition prevails in too many of the smaller lodges throughout our land. There is one fundamental truth that social workers have discovered. It is: Youth Must Be Served. The old idea, carried too far forward in life, that “young people should be seen but not heard,” is as antiquated as hopper-toed shoes. After two wars, hardly a generation apart, into which youth took the brunt of battle, don’t think for one minute that you can brush them aside in the times of comparative peace. It just doesn’t make soap! They believe that they have earned and are entitled to the privilege of a “hand in the game,” whatever kind of game it may be. When they “sit in” and call for cards, and are passed up in the deal, they take their interests and their business elsewhere—and that applies just as fully to the business of fraternal life insurance as any other. They want to be of service, and they have new ideas, as well as ways to freshen up some of the tried and true old ones, but they expect a voice in the proceedings. If not, they will go where they will be given a hearing and their views consideration. These alert, enthusiastic young people—boys and girls—are not so self-assured that they believe themselves infallible. They do, however, feel that they should be given the chance to express themselves and then, if wrong, shown why in logical discussion. They don’t like, and will not put up with, the “old heave ho” or “brush off.” And neither would you. Let’s be tolerant of youth and help to guide its manifestations with understanding patience. The happiest, liveliest homes and neighborhoods are those with a good percentage of young people. You members of progressive fraternal benefit societies know their value in its ranks. “Youth Unlocks the Future” is more than a slogan. It is a statement of a great truth. Verhovay Picnic In New Jersey — Outing at Dennis Grove Sponsored Jointly By Ten Branches. — Branches 48, 87, 175, 9, 518, 13, 417, 176, 295 and 145 are jointly sponsoring a picnic to be held at Dennis Grove, off Highway 28, between New Brunswick and Metuchen, N.J., on Sunday, August 14th, 1949, beginning at 9 a.m. Since the grounds are well equipped with huge shelters, the picnic will be held rain or shine. Music will be furnished by the radio-orchestra of the Kara Brothers. Admission will be 75 cents. The committee consisting of the officers of the sponsoring branches, is headed by chairman Michael Puskas of New Brunswick. Mr. John Zakopcsan in Passaic, N.J., is the secretary. Branches in this area wishing to join in this undertaking are requested to write to John Zakopcsan, Manager, 181 Harrison St., Passaic, N.J. THE COMMITTEE. I Weekly SAVINGS AND INTEREST ACCUMULATED Savings In 1 Year In 5 Years In 10 Years $ 3.75 $195.110 $1,004.20 $2,163.45 6.25 325.00 1,674.16 3,607.54 7.50 390.00 2,009.02 4,329.02 9.38 487.76 2,513.42 5,416.97 .12.50 650.00 3,348.95 7,217.20 15.00 780.00 4,018.67 8,660.42 18.75 975.00 5,024.24 10,828.74 Set your goal. Then keep on buying and holding E Bonds until you reach your objective. Truly Bond savings are “the part of your take-home pay that grows.” And with them grow your financial security and your ability to answer when opportunity knocks for you or your children. We feel that this Savings Bonds program is the finest encouragement for thrift any Government ever offered its people. We like it particularly because it is based upon the sound old American principle that heaven helps those who help themselves. The Treasury offers you a completely safe investment and two automatic plans for regular saving, and 2.9% interest, compounded semi-annually, on Bonds held to maturity. The rest you do for yourself, for your own security and, at the same time, for the economic welfare of all Americans.
