XXVI.-All forms of government other than the Kingdom decay. A lie cannot hold its own.

Every page of history is a publication of the fact.

XXVII.-When the Kingdom is born within us, it is born actively, continuously, gloriously.

The fountain of perpetual youth.

XXVIII.-We are secure in the Kingdom because we are secure in God.

In taking up the other fellow's worries, we find none on the horizon for ourselves. And none long for him.

XXXIX.-Every fact of the Kingdom is an active

fact.

To be associated in the live worthwhile projects of God that belong to our everyday lives and careers becomes the soul of our inspiration.

XXX.-The Kingdom of God is within us, because the law of the Kingdom is immutably right toward every institution, and instantaneously an obliteration of every thing that is known to be wrong about that situation.

This makes the men of the Kingdom peculiar; men who dally and compromise, and seek their own, cannot understand men of the Kingdom.

Men of the Kingdom are of a different order.

Therefore men of the Kingdom can afford to be patient; they are to seek that the Kingdom shall be born in everybody.

XXXI-The laws of the Kingdom are settled princi

ples.

Every one of them a satisfactory and a practical principle. XXXII.-The Kingdom of God achieved will be God's day, will be Life's day, will be Law's day.

Will be your day and my day.

XXXIII.-Every truth of the Kingdom taught dissipates an error of false government.

First duty of the citizenship then-teach the truths of the Kingdom.

XXXIV.-The Kingdom of God once found can never be lost. Error only can be lost-the falsehood, the lie. The lie must lose out, but nothing is lost, and everything is gained in the losing.

XXXV.-God's creation for the Kingdom in time is the State.

The State is God's provision for a good life:-for righteousness, goodness, security, well-being, temporal enrichment, earthly kindliness, good-will, peace and truth.

God's provision for the State includes an unfailing supply of the good things of life, an inexhaustible treasure of genius, an unremitting challenge to human resourcefulness, and an everflowing current of youth for the reincarnation of human society with pure ideals, lofty aims, unwearied powers, unsullied grace, undying hope, unimpeachable faith, unbounded joy, outbursting song, everlasting praise.

TH

APPENDIX

Equalizing Interest

HE problem of equalizing interest is already vexing many statesmen in Europe and America. In the minds of some, our world is already burdened with an impossible debt. But ours is an age that leaps to meet the impossible. In the drama of the impossible interest must now play perhaps the principal role. Nor does the role want fascination. Therefore the dialogue form of this Appendix, which is designed, not to present finalities with respect to the equalization of interest, but as an aid to discussion. That the writer carries insurance and profits by it, is sufficient guaranty that no assault is intended on the institution of insurance as such, tho' some basis for universal insurance is a prime need of the hour.

The curtain rises on Judge Warner of New York in the act of drawing up a chair for Miss Templeton, an insurance expert, who has been invited to his office.

Judge W.-You have taken up life insurance, I understand, partly from your sympathy for women in general?

Miss T. (eagerly).-Yes, sir. As one of the eight million women in the United States earning her own living. I want to save them and everybody from suffering.

Judge W.-A laudable purpose surely. You spoke of over three and one-fourth million widows in our country; what per cent of these, do you know, are in want?

Miss T.-Thirty-five per cent, sir, according to life insurance statistics, while not ten per cent of them have the comforts of life.

Judge W.-Taking all families, what proportion of them are provided for, in the fact of old age and want?

Miss T.-About one family in twenty, sir; that is, about one million of our twenty million families in the United States.

Judge W. (fumbling his papers).-I have here a statement that only seven per cent of the value of human lives in America is covered by life insurance.

Miss T. (taking the paper when the Judge has found it).— You have figured out the value of human life per person, I see, sir.

Judge W.-Those are not my figures, but an estimate of Professor Irving Fisher of Yale University, or rather the estimate of Professor Nicholson of the University of Edinburgh. The figure is $400 per man, woman and child in Great Britain, let us say $4,000 per person here. That would mean $400,000,000,000, I believe for the value of human life in the United States of America. 298

Miss T. (attentively).—I see, sir.

Judge W.-What would it cost to insure all these people? Miss T.-I don't think it could be done, sir.

Judge W.-Why not?

Miss T.-It would cost too much.

Judge W.-You said a little while ago that all but 10 per cent of the children who enter school between six and seven years of age leave school of necessity to go to work before they reach the eighth grade?

Miss T.-Yes, sir, partly because one of their parents-a father usually-often dies leaving no life insurance.

Judge W.-You said that only two men in a hundred succeed in business; what did you mean by that?

Miss T.-Many and many of them cannot obtain sufficient capital to hold out; as many more are swamped by overhead charges-interest and rent and the like. The rest are doomed to die poor. Scarcely 18 per cent of the men who die, court records show-in the surrogate Courts, Judge Warner-scarcely 18 per cent of these when they die leave any tangible assets. Judge W.-Are you American born?

Miss T.-No-and I was just about to say, as an English girl, that of 400,000 of our people there who die annually, five-sixths leave no property at all; while of the $1,500,000,000 which passes at death each year, one-half is left by less than 2,000 people. 299

Judge W.-The amount left by the 2,000 at death yearly in your country, then, equals the accumulated new property of our 60 millions of inhabitants in the United States thirty years ago. 300. How do you account for the per cent-all but 18 per cent, I think you said-how do you account for the 82 per cent of our Americans who die without tangible assets?

Miss T.-The high cost of living, the uncertainties of doing business, and the loss of time due to sickness, unemployment and the like.

Judge W.-Is it argued that there is enough life insurance go around?

Miss T.-I do not understand you.

Judge W.-It would be a calamity to life insurance itself, would it not, to have everybody decide to get insured?

Miss T.-Well, not everybody can get insurance. One must be reasonably sound, to be insured by the old line companies. Judge W.-But suppose 15,000,000 of our 20,000,000 families suddenly decided to take out life insurance? Wouldn't that be

a calamity?

Miss T.-Not necessarily. One company has paid over two million claims in its history, though the claims amounted to only $275,000,000 or an average of but $137.50 per claim.

Judge W.-Would you call $137.50 a good amount of life insurance for any family?

Miss T.-No, sir; we have a habit of saying in life insurance that even $1,000 does not insure a family, but only the undertaker and the doctor.

Judge W.-Exactly.

surance?

Now what would you call good in

Miss T.-Well, a great New York daily has put the need of a family of five under existing high prices at $1,600 a year; the railway men and others put it at $2,000.

Judge W.-You are thinking of income policies now?

Miss T.-Yes, I was about to say

Judge W.-For any efficiency?

Miss T.-Yes, for any efficiency.

Judge W.-I agree to that. What amounts are taken that way?

Miss T.-Here is a folder of a man who has taken out seven policies of $100 each to be the monthly check for each in the case of his death. The total of his policies is $122,000 at this rate of protection. "Family preparedness," he calls it.

Judge W. (figuring).—Well, to insure 15 or our 20 million families at this figure would mean $18 hundred billions. We could not insure our population with such family preparedness could we? (Figuring again) If we take one-sixth of that, though, that would be $300 billions, or for 20 million families, $400 billions-could we stand that insurance?

Miss T.-You mean so much invested capital for an insurance of $100 per month for a payment of $20,000 for each family, 20 million families?-$400 billions-or, no, sir! Why on an average of 40 years for the person of the family so insured it would soon be requiring $10 billion dollars a year interest. Impossible! And where could we put all that money out at interest! You know that life insurance is built up on the fact that $1 at interest at 6 per cent for 20 years amounts to $3.20. There must be enough dollars out earning enough money to warrant people who borrow money from life insurance companies, to continue the loans, and to want more loans, or insurance coult not do business. Ours is an interest business, and it