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One Item Of Expense

One Item Of Expense image
Parent Issue
Day
5
Month
December
Year
1894
Copyright
Public Domain
OCR Text

The addifcion of .f100,000,000 to the national lebt witliin ten nionths is a fair Bample of a Free Trade "object lesson." It is "a condition" that. confronte the people, not "a theory." This addition of debt daring ten nionths of a Free Trade Administraron is at the rate of $10,000,000 a inontli. It has cost the! people f333,333 during each and every one of tlie 300 days in these teu months to pay for the privilege of threatening Protection. It has cost $13,900 every hour of the ten months : it cost over $230 every minute ; it has cost the country almost $4 during every secoud of the ten months. This is only the cost to the people, as represented by the actual increase in the national debt in the suni of almost $4 during every secoud of the ten months ; over $230 during every minute ; $13,900 every hour, and $333,333 every day of that time. The cost of a course of lectures delivered by a Buffalo lawyer and a West Virginia college professor is certainly considerably more than it is worth and very much more than the present generation of people wili ever pay again. The New Y ork Press tells WI13' some people ure refused life insuranee : "Men who make application for insnrance in considerable amonnta - say for upward of $10,000 - are not only very carefully examined by physicians appointed by the insuranee companies, but during the period while their application is being examined, are kept ander surveillance by a well organized detective service. Some of the reporta vvhich are made of a man's habite and mode of life, witli, perhaps, some of liis pet secrets, as made to the detective bureaus of the different companies, would prove inighty interesting reading. Of coursR Buch matters eau never become public property, and, in fact, the records are destroyed as soon as the application is passed upon. This fact, which is not generally known, inay explain mach to solid citizens who, for some unknown reason, have liad their applications postponed indefinitely. The insuranee compauies are entirely justified in employing such au instrument to learn the facts about their risk. Men who live rationally, like men who iill positions of trust, honestly, have nothing to fear from being watched."

Article

Subjects
Old News
Ann Arbor Courier