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Article THE FREEMASONS' QUARTERLY REVIEW. ← Page 10 of 10
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
The Freemasons' Quarterly Review.
If it be advanced that Offices for Assurance are becoming too numerous , it may with great truth be stated , that the public mind has become most anxiously impressed with its importance , and it is this anxiety which creates the necessity ; while both combined , ensure the means of business . The
principal point is security to the assured , which can never be effected upon too low a rate of premium , while too high a rate is equally as disadvantageous , because it creates a fictitious value ; and few , if any , of those who contribute to raise an enormous capital , can hope to partake of even
a dividend of its amount . The rates ought to be calculated with some allowance to decrease in mortality , as well as on a philosophical view of the causes , —the medium of extremes is that which is the best understood . That happy medium is , we think , now for the first time attained , and
the patronage of the Fraternity producing a full reciprocity of advantage on the one hand , and the commercial results having been minutely examined and satisfactorily secured on the other—in short , prudence , utility , pi-ofit , and benevolence , being so peculiarly and admirably blended together
in one common object—there can exist no doubt that with the Craft in particular , and the public at large , will rest the solution of the extent to which the benefits of the Masonic
Association may be carried . The principle of success secured , every one will decide for himself whether or not he will be at once a promoter and participator . Our next and last duty is , to announce that those who are desirous of accepting agencies in the provinces , should
take the earliest possible opportunity of communicating with the office ; and for general information and particulars , we refer them to the advertisement , which will be found in its proper place .
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
The Freemasons' Quarterly Review.
If it be advanced that Offices for Assurance are becoming too numerous , it may with great truth be stated , that the public mind has become most anxiously impressed with its importance , and it is this anxiety which creates the necessity ; while both combined , ensure the means of business . The
principal point is security to the assured , which can never be effected upon too low a rate of premium , while too high a rate is equally as disadvantageous , because it creates a fictitious value ; and few , if any , of those who contribute to raise an enormous capital , can hope to partake of even
a dividend of its amount . The rates ought to be calculated with some allowance to decrease in mortality , as well as on a philosophical view of the causes , —the medium of extremes is that which is the best understood . That happy medium is , we think , now for the first time attained , and
the patronage of the Fraternity producing a full reciprocity of advantage on the one hand , and the commercial results having been minutely examined and satisfactorily secured on the other—in short , prudence , utility , pi-ofit , and benevolence , being so peculiarly and admirably blended together
in one common object—there can exist no doubt that with the Craft in particular , and the public at large , will rest the solution of the extent to which the benefits of the Masonic
Association may be carried . The principle of success secured , every one will decide for himself whether or not he will be at once a promoter and participator . Our next and last duty is , to announce that those who are desirous of accepting agencies in the provinces , should
take the earliest possible opportunity of communicating with the office ; and for general information and particulars , we refer them to the advertisement , which will be found in its proper place .