Evening Star Newspaper, February 16, 1931, Page 11

THE EVENING STAR, WASHINGTON, D. C, . e Their Suits and Dresses Fresh and Clean ROMPING through the house is great fun for the children, but hard on the clothes. And con- stant scrubbing to get them clean soon makes the colors fade. Children’s clothes keep their colors, look better and wear longer when washed by Manbhattan’s famous Net Bag System. Fitst they are sorted into individual net bags according to color and ma- terial. Then, in the washers, hot suds from pure Palm Oil soaps swish through them, followed by many rinsings of soft filtered water that remove every speck of dirt. Nothing torn, no buttons yanked off or broken. And Manhattan’s famous Collection and Delivery system gives you this service in just three days. Phone to- day—Decatur 1120—and start send; ing your entire laundry to Manhattan. by Saving Your Clothes” Batire Advertisement Copyrighted 1930 - WASHINGTO CUBA PLEDGES AID T0U. 3. FOR MAINE Fernandez, State Secretary, Vows Liberty at Rites to Sunken Vessel. By the Associated Press. HAVANA, February 16.—The Maine was “remembered” yesterday as 10,000; persons thronged around the double-| shafted monument erected in memory of the disaster to mark the thirty-third anniversary of the sinking of the battle- ship, R A mile-long procession paraded past the shaft as bands played American and Cuban patriotic music. Cuban army planes soared overhead during the ceremony, in which President Machado and American Ambassador Harry F. Guggenheim participated. The princi- pal speaker was Dr. Francisco Maria Fernandez, secretary of state Mr. Guggenheim made a short ad- dress in Spanish in answer to Dr. Fer- nandez, who pledged the loyalty of the people of Cuba to the cause of liberty. Special precautions had been taken to avert any disorders and the celebration passed off peacefully. U. 8. Sends Flowers. ‘The Maine monument was banked with flowers sent from the President, the American Ambassador, city nmclzls‘ and various patriotic organizations, in-| cluding the Daughters of the American | Revolution, the Veterans of Foreign | Wars, United Spanish War Veterans and | the American Legion. | “Cuba trrmbles when it recalls those | men of the Maine,” Dr. | Fernadi in his address. “It can- not forget the American Army and Navy, nor Roosevelt, bringing to these shores a brilliant contingent of youth | of his country to fight for our inde- pendence and to combat, by force of arms, for these same principles and for | the same cause that the Cuban Army 1(1)1' three years had been shedding its blood. . valiant, g Pledges Future Aid. “Pighters of the North, that your | great, sacrifice may live always in’ the | hearts of a thankful people, our re- spective nations should pledge them- selves to an alliance of heartfelt cordiality. “Rest assured that if your country | may need them, that if the United States deems necessary once more our | beings and belongings, that in whatever crisis of your Nation we may be able to offer cur sincere and willing as- | sistance, the people of Cuba will come | to the foot of this monument, as one | with all sincerity and devotion, reaffirm | to you its noble proposition to be always at the side of the defenders of the | cause of Iiberty.” Pear growers have spent $885,000 in an effort to curb blight, Department of | Agriculture figures show. | MOTORISTS STRANDED AS STORMS KILL ONE Arizona Suffers Heavy Property Damage in Cloudburst—300 Tourists Are Fed. By the Associated Press. PHOENIX, Ariz, February 16— Storm cloude still hovered over water- soaked Arizona last night as measures were taken to feed hundreds of motore ists stranded by impassable roads. Three hundred motorists, mostly tourists, driven from automobile camps at Wellton by a flood which followed & cloudburst Friday, were fed by Brother Noah, mayor, city marshal and restau- rant man at Tacna, east of Wellton. One life was lost in the Wellton flood and property damage was extensive. Rains_continued generally through- out the State, but in lesser quantity ex- cept 8¢ Yuma, where precipitation was eavy. CHURCHILL TO LECTURE Washington on Speaking Itinerary of Prominent Britisher. CLEVELAND, February 16 (#).—Win- ston Churchill will come to the United States this Fall for an extensive lecture tour, it was announced today by Louis J. Alber, president of the Alber Lecture Bureau. Churchill will speak first in New York November 15, and is tentatively sched- uled to follow at Boston, Philadelphia, Washington, Pittsburgh, Buffalo, Cleve- land, Detroit, Chicago, Denver, San Franciso, Los Angeles, Seattle, Portland, Dallas, New Orleans, Atlanta, Olncin- nati, Indianapolis, Minneapolis and other cities. His topics will include the Indian question and_the World War, during which he was British minister of munitions. DarngrérousfiGassy i ~ Stomach Acidity Ends Quick “I am pleased and glad to sa ACIDI and tell ve others iy it thousands ACIDT 5. 14 to get ACIDINE and t of who ai e in’ laboratory tests. digested 800 | its own welcht of certain heavs, starchy foods. ACIDINE neutralizes burn- ini acid. sootkes irritated stomach’ and intestinal linings, helps end acidosis. Eat, drink all you want without fear from ‘acidity. When acid stomach, gas. | pain, heartburn, bad taste, heavy’ feel- | ing,’ short breath, dizziness, ~belching, | nervousness, colds, ALMOST UPSETS 0G's APPLECART RIPLEY GETS LOW-DOWN ON CAPITAL'S CIGARETTE PREFERENCES By ROBERT RIPLEY, Creator of “Believe It or Not” It is easy to start an argument in Washington. 1 stopped off there the other day to take a poll of the city’s cigarette taste. Asusual, Imasked the four leading cigarettes with black bands . . . and then asked 874 smokers to pick out the ciga- rette that tasted best. It was a close squeak. But in spite of filibusters, insurgents and stand-patters, OLD GOLD nosed out its rivals lin the final count. The score was: OLD GOLD, 259; Brand X, 202; Brand Y, 224; Brand Z, 189. Which goes to show . . . that ? - 1 § ¥ & E BN MONDAY, FEBRUARY 16, 1931, A-11 New York Lire Insurance Co. 51 Madison Avenue, New York Incorporated under the laws of the State of New York A MUTUAL ORGANIZATION, FOUNDED IN 1845 - DIVIDENDS Payable in 1931 $72,542,000 Insurance in force Dec. 31, 1930 $7,626,000,000 NEW BUSINESS 1930 $900,897,000 Branch Offices in most of the larger cities of the United States and Canada TOTAL RESOURCES Dec. 31, 1930 $1,789,000,000 EIGHTY-SIXTH ANNUAL STATEMENT To the Policyholders: Most of us have labored together for a considerable period. My service in Nylic has covered forty-two years. I have been President of New York Life Insurance Company for nearly twenty-four years. In twenty-four years you have numerically been multiplied by three; and your collective property in this Company has been multiplied by three and a half. You have made a great demonstration within a generation of the power that lies in co-operation between “humans.” You have become increasingly convinced of two great truths, First,—that “no man liveth to himself,” and the less he tries to do that the more truly and fully he lives. Second,—that men are naturally honest and that those in positions of responsi- bility and trust in business are more honest and much more capable than men are as a whole. Emerging from the frightful financial disasters of 1930, people are wondering if it was all or in large part necessary. They are asking why such heart-breaking experi- ences should not naturally cease in countries organized to preserve the strength and the inspiration that lie in individual efforts and in the ownership of private property. American life insurance reaches its present greatness just in time to answer that question. It is true that we have had in this the freest and most individualistic section of the world (United States and Canada) a disturbing experience. Could it have been avoided substantially? Ianswer it could and some day such happenings will be largely avoided. As we emerge from this setback in our economic system we discover that one thing remains unchanged and substantially unaffected. It is almost literally true that every man who owns property is poorer today than he was a year ago; but to the extent that his possessions are represented by Life In- surance he is as rich today as he was a year ago. They (his Life and Endowment policies) have not shrunk in value—except as he may have used them as éollateral to relieve his needs in other directions. Suppose the total outstanding insurance a year ago had been 220 billions instead of half that—suppose the assets of the Companies had been 38 billions instead of half that. How much less would the speculation and loss have been in 1930? Life Insurance Companies will ultimately achieve those totals and greater ones and they will yearly represent an increasing and conservative factor in the whole property problem. Life Insurance assets are not used speculatively. With relation to our total national wealth those assets represent a steadily increasing factor. They increase the factor of stability and decrease the factor of chance. That gain has been steady for almost a quarter century. Outstanding insurance will double and assets will double long before the wealth of these countries doubles. The lesson of it all is that economic changes of profound significance and of fundamental importance are taking place as the result of the amazing growth of Life Insurance. Life Insurance does all that its devotees have claimed and now it emerges from this world catastrophe substantially untouched and rendering a public sérvice that few people ever realize. IT WAS ORGANIZED TO MITIGATE THE TERRORS OF DEATH. IT HAS BECOME A VALIANT AND AN INCREASING DEFENSE AGAINST THE ECONOMIC DISASTERS THAT PERIODICALLY DEVASTATE THE BUSINESS WORLD. In other words, we are, through Life Insurance, in these great, free countries. time we are utilizing the almost immeasurable power of united and common action. i preserving individual enterprise and the rights of individual wealth and at the same { not even Congressional blocs can block the nation’s verdict that 0. G. is the most appealing ciga- rette . . . easier on the throat. Did those famous statesmen give OLD GOLD the same rous- ing majority it has won in other cities? No, folks, they did not. We are gaining on economic disaster and we shall go on gaining because Life Insurance will go on gaining. In free countries there is no way to stop speculation; to do that arbitrarily would not be consistent with the principles of freedom. But! Yes, a great big But! When Life Insurance has become the great reservoir into which the people put their savings increasingly, speculation will become relatively less and we shall finally have adopted, almost imperceptibly, a new economic program. This will be founded on co-operation, brains and fidelity. That's a pretty good description of the elements that have made our Life Companies great—co-operation, brains, fidelity and, I add, hard work. The balance-sheet below will show what a splendid part your Company is playing in the total. New York, February 4, 1931. DARWIN P. KINGSLEY, President. New York Life Insurance Company BALANCE SHEET—DECEMBER 31, 1930 ASSETS LIABILITIES Real Estate owned...... covoeo. $34,307,57219 | Reserves—ample to meet all First Mortgage Loans on contractual obligations l!;'m Homes and Business roperty Divide -7« payable to Policy- the United States, holders il:”l SRR z. Bonds of ts, States, All other Liabilities. . ...... . $1,588,057,722.02 578,255,940.83 72,541,788.00 7,455,677.00 Other Governmen Cities, Counties, Public Utili- ties, Railroads, etc.. Preferred and Guaranteed Stocks 73,662,042.00 Policy Loans, Cash and Other Assets 396,089,181.03 Total Funds for Policy- holders’ Protection......$1,789,067,734.00 706,752,997.95 Total Liabilities .. ... .. ... $1,668,055,187.02 General Contingency Fund. ... 121,012,546.98 Total ...ccrveem-$1,789,067,734.00 As sudited by Certified Public Accountant “I hereby certify that the following is a true and ;v-hplfi. aadit of the test of the Your leading clga- tettes, conducted by Robert Ripley, in Washington. OLD GOLD.....259 BrandY Brand X........202 Brand Z... DIRECTORS GEORGE B. CORTELYOU WALTER W. HEAD CHARLES D. HILLES LAWRENCE F. ABEOTT JOHN E. ANDRUS NATHANIEL F. AYER CORNELIUS N. BLISS MORTIMER N. BUC THOMAS A. BUCKNE " NICHOLAS MURRAY BUTLER CALVIN COOLIDGE: »” 2 v RICHARD I. MANNING GERRISH H. MILLIKEN FRANK PRESBREY JOHN J. PULLEYN FLEMING H. REVELL GEORGE M. REYNOLDS ESSE ISIDOR STRAUS IDLEY WATTS LECY H. J WILLARD V. K DARWIN P. KINGSLEY