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  • March 31, 1849
  • Page 114
  • GENERAL ASSUEANCE ADVOCATE.
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The Freemasons' Quarterly Review, March 31, 1849: Page 114

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Page 114

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General Assueance Advocate.

domain . They must revise the principles upon which Assurance has hitherto , in the great majority of instances , proceeded , and practically recognize the truth that Assurance is not , or at all events ought not to be a trade ; that barter is not any part of it , and that profit—individual profit , in the ordinary meaning of the term—is not one of its legitimate objects . They must act upon the truth that they are to combine rather

than to compete , and that their proper aim in fostering Assurance is not to acquire wealth , but so spread the effects of the losses whicli in the course of nature fall upon families over as wide a surface as possible , so that their weight may crush none—may nowhere be perceptibly felt ; and that this purpose may be answered , all such considerations as profit upon subscribed capitals ( where , in point of fact , no such capitals are

needed ) eating up , for the benefit of a few proprietors , those resources which should be applied for the good of all , must be at once and for ever abandoned . The spirit of the age is an enquiring one , and it is becoming daily more and more protestant against all abuses , and men acting under its guidance , will no longer consent , even while purchasing a benefit , to pay for that of which they have no need . They demand

that every scheme or movement shall be what it professes to be , and that advantages of all kinds shall be obtainable with as much ease as possible . They are willing that thought for the future shall subtract

something from the resources of the present—that prudence , looking forward , shall lay a burden upon effort ; but they must be assured that those deductions and burdens are as light as may be consistently with the attainment of the object sought for , and that all the discoveries of science , and all the appliances of art , are brought into play to serve thenpresent and future interests . Every institution which would avoid the

ravages of that cankering decay which attacks everything that has outlived its time , and ceased to subserve its proper ends ; every institution which seeks to see its strength increased by lapse of years , and its usefulness grow with its strength , must advance with the advancing spirit of intelligence . To do so is to recognize the policy of self-preservation , and to humanize utility ; to oppose its progress , is to seek destruction , and to

perish in the attempt to make the good of the mass subservient to the aggrandisement of a fraction . In this respect the younger offices have done good service—they have , with scarcely an exception , recognized the purely mutual principle , and , both by word and deed , have shown that they are alive to the wants of the time , by promulgating and acting upon Life Assurance as a power to be used solely for the good of the Assurers ,

instead of for the benefit of a limited number of speculative capitalists ; and thus , too , they have taught their elder brothers a great moral lesson , which it is to be hoped will be conned with attention , and produce results pregnant with wide-spread benefits . The proof that the younger offices are working a great moral revolu-

“The Freemasons' Quarterly Review: 1849-03-31, Page 114” Masonic Periodicals Online, Library and Museum of Freemasonry, 23 May 2025, django:8000/periodicals/fqr/issues/fqr_31031849/page/114/.
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Title Category Page
SrjeitF |f | R? ' - Article 1
-^V~:7s^t f i- ;i, 's/*- t V ' * ~ <^ * ... Article 2
: i | llfi Article 3
Untitled Article 4
" '% *r ** • Article 5
THE FREEMASONS' QUARTERLY REVIEW, SECOIJB SERIES, AND GENERAL ASSURANCE ADVOCATE. Article 6
TO FOUR or THE MOST DISTINGUISHED FREEMA... Article 7
CONTENTS. Article 8
Otm PORTRAIT GALLERY.—Tiie case of Gener... Article 9
CONTENTS. Article 10
SADDLEWORTH. Article 11
CONTENTS. Article 12
TO OUR READERS. Article 13
CONTENTS. Article 14
TO THE READERS OF THE FREEMASONS' QUARTERLY REVIEW. Article 15
THE FREEMASONS' QUARTERLY REVIEW, AND GENERAL ASSURANCE ADVOCATE. Article 16
GRAND LODGE. Article 18
THE PORTRAIT GALLERY.—No. 1. Article 21
THE BOOK OF THE LODGE.* Article 24
FREEMASONRY IN TURKEY, PERSIA, AND JAPAN.* Article 31
THE LADIES* Article 35
MASONIC COLLOQUISMS (Query QUIZZINGS?) Article 37
ISRAEL, GREECE, AND ROME. Article 38
THE DEGREE OF HEROINE OF JERICHO.† Article 40
ARE NOT AUTHORS GENERALLY FREEMASONS? Article 41
GENEROUS LIBERALITY Article 44
THE MASONIC CHARITY JEWEL. Article 45
TO THE EDITOR. Article 45
TO THE EDITOR. Article 47
TO THE EDITOR. Article 47
TO THE EDITOR. Article 47
TO THE EDITOR. Article 48
TO THE EDITOR. Article 48
COLLECTANEA. Article 51
POETRY. Article 56
AWA', YE FLAUNTING DAYS O' SPRING. Article 57
MASONIC INTELLIGENCE. Article 58
SUPREME GRAND CHAPTER OF ROYAL ARCH MASONS OF ENGLAND. Article 58
UNITED GRAND LODGE OF ENGLAND. Article 58
GRAND CONCLAVE Article 67
SUPREME GRAND COUNCIL 33°. Article 69
THE CHARITIES. Article 69
THE ASYLUM FOR AGED MASONS. Article 70
THE REPORTER. Article 71
CHIT CHAT. Article 72
Obituary. Article 76
PROVINCIAL. Article 78
SCOTLAND. Article 91
Copy of Protest by Royal Arch Masons, Aberdeen, sent to the Supreme Chapter, March 6, 1849. Article 92
IRELAND. Article 96
FOREIGN.* Article 102
INDIA. Article 106
GENERAL ASSUEANCE ADVOCATE. Article 112
MEDICAL FEES. Article 117
INCREASE OF ASSURANCES. Article 118
GENERAL MEETINGS. Article 119
THE BRITISH BANK. Article 132
LITERARY NOTICES. Article 133
TO CORRESPONDENTS. Article 136
TO CORRESPONDENTS. Article 138
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Page 114

Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.

General Assueance Advocate.

domain . They must revise the principles upon which Assurance has hitherto , in the great majority of instances , proceeded , and practically recognize the truth that Assurance is not , or at all events ought not to be a trade ; that barter is not any part of it , and that profit—individual profit , in the ordinary meaning of the term—is not one of its legitimate objects . They must act upon the truth that they are to combine rather

than to compete , and that their proper aim in fostering Assurance is not to acquire wealth , but so spread the effects of the losses whicli in the course of nature fall upon families over as wide a surface as possible , so that their weight may crush none—may nowhere be perceptibly felt ; and that this purpose may be answered , all such considerations as profit upon subscribed capitals ( where , in point of fact , no such capitals are

needed ) eating up , for the benefit of a few proprietors , those resources which should be applied for the good of all , must be at once and for ever abandoned . The spirit of the age is an enquiring one , and it is becoming daily more and more protestant against all abuses , and men acting under its guidance , will no longer consent , even while purchasing a benefit , to pay for that of which they have no need . They demand

that every scheme or movement shall be what it professes to be , and that advantages of all kinds shall be obtainable with as much ease as possible . They are willing that thought for the future shall subtract

something from the resources of the present—that prudence , looking forward , shall lay a burden upon effort ; but they must be assured that those deductions and burdens are as light as may be consistently with the attainment of the object sought for , and that all the discoveries of science , and all the appliances of art , are brought into play to serve thenpresent and future interests . Every institution which would avoid the

ravages of that cankering decay which attacks everything that has outlived its time , and ceased to subserve its proper ends ; every institution which seeks to see its strength increased by lapse of years , and its usefulness grow with its strength , must advance with the advancing spirit of intelligence . To do so is to recognize the policy of self-preservation , and to humanize utility ; to oppose its progress , is to seek destruction , and to

perish in the attempt to make the good of the mass subservient to the aggrandisement of a fraction . In this respect the younger offices have done good service—they have , with scarcely an exception , recognized the purely mutual principle , and , both by word and deed , have shown that they are alive to the wants of the time , by promulgating and acting upon Life Assurance as a power to be used solely for the good of the Assurers ,

instead of for the benefit of a limited number of speculative capitalists ; and thus , too , they have taught their elder brothers a great moral lesson , which it is to be hoped will be conned with attention , and produce results pregnant with wide-spread benefits . The proof that the younger offices are working a great moral revolu-

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