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Article THE CHOLERA. ← Page 2 of 2
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The Cholera.
to be anything but the fact . The people are so ill-instructed as to their own interest , so blind to their own interests—have availed themselves so sparingly of the benefits held out to them as a consequence of the adoption of Insurance , that perhaps not more than five m every thousand of those who have fallen were Insurers . That fact must make the result fall lightly upon such Assurance Companies as are founded upon
a sure basis ; but while that is the case , it is painful to reflect upon the vast amount of suffering which must have followed , upon the heads of families—those to whom wives and children looked up for the supply of their daily wants , having been swept off suddenly without leaving behind them even the shadow of a provision for the survivors . Even although Insurance Companies had suffered heavily , we should much have preferred that to the individual misery which has been occasioned . The true object of Assurance , as of all other combinations , is to lighten
the load of individual loss and misfortune by spreading its weight over a larger surface , and we have sufficient faith in the principle , if fairly applied , to believe that it is fully able to accomplish that end . The blow which would crush a man falls almost harmless upon a number . There is , at all events , this merciful dispensation of providence to rely upon , that while joy and happiness increase by participation with others ,
affliction is always alleviated by being shared , ancl thus association works well both by increasing the good and diminishing the evil . Great calamities , in their ultimate results , are sometimes the promoters of great blessings . " From the nettle danger we pluck the flower safely , " and we trust that the fearful ordeal through which we are now passing will teach men the virtues of prudence ancl forethought , ancl
prompt them to ensure , that if plague and pestilence will arise to scourge humanity and bafflle skill , that at least by a wise use of the means of combination at their s'disposal and within their ; power , they will prevent sorrow for the dead from being embittered by grief for thejlestitution of the living .
LIFE ASSURANCE AND CHOLERA . —The fear of death from this fell malady has had a material effect upon the business of the best Assurance Offices , as , to use a common expression , there has been quite a " run upon them " during the last two months . It is satisfactory , however , to state that the claims upon these Companies on account of cholera , and , indeed , on account of deaths from all causes , have not exceeded
the estimated mortality at this season of the year , when the number of deaths from all maladies are periodically greater than at any other period of the twelve months . — Reporter .
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
The Cholera.
to be anything but the fact . The people are so ill-instructed as to their own interest , so blind to their own interests—have availed themselves so sparingly of the benefits held out to them as a consequence of the adoption of Insurance , that perhaps not more than five m every thousand of those who have fallen were Insurers . That fact must make the result fall lightly upon such Assurance Companies as are founded upon
a sure basis ; but while that is the case , it is painful to reflect upon the vast amount of suffering which must have followed , upon the heads of families—those to whom wives and children looked up for the supply of their daily wants , having been swept off suddenly without leaving behind them even the shadow of a provision for the survivors . Even although Insurance Companies had suffered heavily , we should much have preferred that to the individual misery which has been occasioned . The true object of Assurance , as of all other combinations , is to lighten
the load of individual loss and misfortune by spreading its weight over a larger surface , and we have sufficient faith in the principle , if fairly applied , to believe that it is fully able to accomplish that end . The blow which would crush a man falls almost harmless upon a number . There is , at all events , this merciful dispensation of providence to rely upon , that while joy and happiness increase by participation with others ,
affliction is always alleviated by being shared , ancl thus association works well both by increasing the good and diminishing the evil . Great calamities , in their ultimate results , are sometimes the promoters of great blessings . " From the nettle danger we pluck the flower safely , " and we trust that the fearful ordeal through which we are now passing will teach men the virtues of prudence ancl forethought , ancl
prompt them to ensure , that if plague and pestilence will arise to scourge humanity and bafflle skill , that at least by a wise use of the means of combination at their s'disposal and within their ; power , they will prevent sorrow for the dead from being embittered by grief for thejlestitution of the living .
LIFE ASSURANCE AND CHOLERA . —The fear of death from this fell malady has had a material effect upon the business of the best Assurance Offices , as , to use a common expression , there has been quite a " run upon them " during the last two months . It is satisfactory , however , to state that the claims upon these Companies on account of cholera , and , indeed , on account of deaths from all causes , have not exceeded
the estimated mortality at this season of the year , when the number of deaths from all maladies are periodically greater than at any other period of the twelve months . — Reporter .