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<= Previous | February
Issues Index | Next => At a time when there were hardly any cars on the road, Travellers Insurance Company of Hartford, Connecticut sold the first auto insurance policy on this day in 1898. Dr Truman J. Martin of Buffalo, New York took out the policy in case of accidents with horses. The risks have changed, and billions of dollars have changed hands, but I suspect that Ambrose Bierce was right.
The only real security is not insurance or money or a job, not a house and furniture paid for, or a retirement fund, and never is it another person. It is the skill and humor and courage within, the ability to build your own fires and find your own peace. Most of our students are here to get the credentials they believe are central to admission to the Dream. Everyone does the rhetoric bit - Fascist pig this and that - but push them and they ask you to write recommendations for jobs with banks and insurance companies. Insurance, n. An ingenious modern game of chance in which the player is permitted to enjoy the comfortable conviction that he is beating the man who keeps the table. Americans have an abiding belief in their ability to control reality by purely material means. Airline insurance replaces the fear of death with the comforting prospect of cash. The most winning woman I ever knew was hanged for poisoning three little children for their insurance-money, and the most repellent man of my acquaintance is a philanthropist who has spent nearly a quarter of a million upon the London poor. Fun is like life insurance; the older you get, the more it costs.
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