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2a THE ATHENAEUM THE INSURANCE ENDOWMENT By F. W.. Crawford, ’23. INSURANCE is a field into w*hich scores of educated Negroes are going yearly, because of the fact that the field offers immense possibilities for business organization and development among our people. Such companies as the Standard Life and Atlanta Mutual of Atlanta, the North Carolina Mutual of Durham!, N. C., and the Liberty Life of Chicago have made wonderful strides along the lines of successful business ex pansion within recent years. Particularly interesting and worthy of note is the instance in our city, Atlanta, where Mr. Perry has succeeded not only in establishing the Standard Life Insurance Co., but also in putting on a sound basis the Citizen’s Trust Co., Bank, which is the largest and most influential colored bank in the South. It is true that men of good business talent and grim determination have gone into the field of insurance and have developed that field wonder fully; but the fact still remains that we do not yet possess men who, by studying the theory and practice of insurance under competent instructors, have qualified themselves for the successful conduct of every phase of this business. Some month ago, when actuaries were needed and required to check up the books of several colored insurance companies, not a single competent colored actuary was available, for there were none. White actuaries got the job and all the big money that comes with it. Bearing in mind memories of this embarrassment and realizing the immense asset men of our race so qualified would be toward successful business development, several of our larger insurance companies have' set aside an endowment for paying capable instructors in the insurance business. These instructors are to be situated at Howard University, Morehouse College and Wiley University, and are to teach the elementary principles of insurance to our college men and women. So far Morehouse has not been able to get as an instructor a mjan who knows the real science of insurance, but let us all bend every enrgy within us to bring about such; for if such is brought about the immediate results will be immensely encouraging and beneficial. IT IS STILL POSSIBLE nT>n\7TpT? to P urc h ase Good Printing at a reasonable price. X Y V lOJii No man can get something for nothing without being* $ PRINTING penalized, nor can he continue to give something for y 174 AUBURN AW- ATLANTA, GA. COMPANY nothing and keep out of bankruptcy. GOOD PRINTING HASA VALUE and the value is reflected in the price it costs. | I ATTENTION! Please Trade With Our Advertisers.