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This inevitably results in depreciation of the value of the money, and an increase in the cost of living. Every investment in personal security is threatened by this process of inflation, and the real values of the people's savings, whether in the form of insurance, bonds, pension and retirement funds or savings accounts are thereby shriveled.
We have decided to adopt the second alternative, and our insurance system will, in consequence, be based upon four main principles.
The Comte de Camors began a suit to recover it before the tribunal of the Council of State, but compromised it for an annuity of thirty thousand francs. This stopped at his death. He enjoyed, besides, several fat sinecures, which his name, his social rank, and his personal address secured him from some of the great insurance companies.
Lancaster disapproved of him for three reasons: first, he had only two hundred a year plus a pittance from the insurance company that put up, as he expressed it, with his services; second, he had been Alan Craig's close friend; third, she suspected that he saw through her affectations.
"What do you mean, insurance?" Abe asked. "We got enough insurance, Mawruss. Them Rifkin fixtures ain't so valuable as all that, Mawruss, and even if we wouldn't already got it for twenty thousand dollars insurance, Mawruss, the building is anyhow fireproof. In a fireproof building you don't got to have so much insurance." "Is that so?" Morris replied.
Probably, at last, he sometimes thought with a whimsical smile, he should end by being an insurance agent, and asking people to insure their lives for his benefit. Possibly Philip did not think how much the attractions of Fallkill were increased by the presence of Alice there.
On a certain morning, about two months after the announcement of the loss of the Titan, Mr. Meyer sat at his desk in the Rooms, busily writing, when the old gentleman who had bewailed the death of his son in the Intelligence office tottered in and took a chair beside him. "Good morning, Mr. Selfridge," he said, scarcely looking up; "I suppose you have come to see der insurance paid over.
Williams three thousand dollars, took a mortgage on his house, and made him insure it for my benefit. In this way, you perceive, I get my interest, and he has to pay the taxes." "That is a very wise way, I should think," remarked Lavinia. "That is the way I do all my business," replied the General, complacently, as he returned the huge insurance policy to his pocket.
After the embezzling by life insurance officers, the rascality of the railroads, the looting of city treasuries, the greed of the Trusts, the grafting of the legislators, had arisen a new and more serious scandal the corruption of the Judiciary. The last bulwark of the nation had fallen, the country lay helpless at the mercy of legalized sandbaggers.
You told me, didn't you, that you used to do some newspaper work before you settled down?" "Yes; I thought my lines were permanently cast in those places once. It was more an accident than anything else that I got into the insurance business. I suppose I secretly hoped that if I made my living by something utterly different, I could come more freshly to literature proper in my leisure."
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