Springfield Leader and Press from Springfield, Missouri • 20

4 A20 Sunday Leader 8prlngflrld, Feb. IStM i "Second, there are more In- mr side problems in Russia than seph Jefferson was born. In 1895, a Cuban revolution began. In 1938, Foreign Secretary An-thony Eden resigned from the there are in some non-Commu "To PAY A INHISTOIW A ILcgennaH Tonirims 7 5 Nuolear Energy Key To Success in Space AUSTIN, Tex. (AP) Glenn T.

Seaborg, chairman of the Atomic Energy Commission, gays "nuclear energy holds one key to our ultimate success In space." i The AEC, he said, Is cooperating with the National Aeronaut-ics and Space Administration In developing nuclear engine for use In rockets. "What we are attempting to make is a flyable compact reactor, little larger than an office desk, that will produce more than twice the power of Hoover Dam and achieve this power from a cold start In a matter of mini't -s." he said at the University of Texas. chairman of the board for th? books. They ar Belter in-past 19 years, which i as far as formed. you can go with RCA.

he whole new concern with "Whatever the mind of man the health and welfare of other visualizes," says Sarnoff, "the people Social Security, unem- By TOM IIENSIIAW NEW YORK (AP) David Sarniff turn 7S on Sunday, Feb. 27, which it going to surprise a lot of people. It happens like that when a man becomes a legend in his own lifetime. People always seem to be mildly surprised to nist countries. While the people are demanding a higher standard of living, there is a scarcity of food.

Their agricultural failures have forced them 10 go outside for grain. The younger generation is demanding and to a cerlain exten: is getting more freedom. "Communism is not a monolithic structure anymore." Progress toward the eventual outlawing of war is more difficult to discern. "But efforts' in that i'irction can he seen," Sarnoff insists. "We have a test-ban treaty.

Dis i Cabinet of British Prime, Minister Neville Chamberlain. In 1942, the Japanese invaded Bali in the Netherlands East In-i dies. Ten years ago West German Chancellor Konrad Adenauer suffered a political setback his Christian Democratic Union lost its nine-year control ot the state government of 'North Rhine-Westphalia. Five years ago Soviet Pre- Today is Sunday, Fb. 2U, the 51st day of 1966.

There are 314 day left in the year. Today's highlight in history: On this date in 1781, the great financier of the American Revolution, Robert Morris, was made the nation's superintendent of finance. On this date: In 1829, American actor Jo ployment Insurance, medical genius of modern science can turn into fact, I see no limit to what will come scientifically. "If I have any reservations, (hey are in the field of man's mier Nikita Khrushchev called for the formation of an all-African commission to take over the U.N. in the Congo.

One year ago The Ranger 8 spacecraft crashed on the moon after sending back 7,000 pictures of the lunar surface. benefits, civil rights represents a forward development in man's relationship i his fellow man. "The first thins to recognize learn that he still walks among them. And'Sarnoff, in his own! own improvement. Man's own Don be caugnt aeaa siuing i on your seat belt.

time, has become many legends; improvement requires moral, lis that changes, in the social, to many people 1 ethical and spiritual develop-1 economic and political areas ment. Progress her has been 'come upon us gradually, some armament talks are still goinp slow. times without our knowledge on. Heads of are reiterating that they an? for peace. Kverynn is talking peace all the time.

The very Hanier that science and Those who want to see those changes, think of them in terms of their own generation They take more time than that. The speed of scientific progress can be mea'sured in Sarnoff own lifetime. He was born in 1891. Incredibly, the existence of the electron, the basis for so MODERN SECURITY LIFE COAST TO COAST HOUDEIt TO IlOilDEK A generation of Americans grew up with the image of young Sarnoff hunched over a clacking wireless key atop a New York department store maintaining the only contact between the survivors of the SS Titanic and the waiting world in 1912. Others remember him as the employe whose memo to the boss "I have in mind a plan "the majorditliculty today isi have ma(1e possible in I the field of warfare have i toward the eventual outlawing I.

Ol II FIltST 5 YliAltS! much technical pMsress, was that everybody wants instant not confirmed until six years results. They want instant free-later. dom, instant in- The measurement of social affluence, instant justice. of war by extinc lion." "In th" final analysis." say; procress. in Sarnoff view, re- irnriicauy trvtryuiinis nKm generations, even mil- of development which would; quires Sarnoff, "the best way to away.

Those arc lauuaoie oe sires but they won't he achieved achieve peace is simply to me' im.iun.iy. ji.m n. (h of xh, rhnntH his hflhlts. hist. basic needs are food, clothin-' prejudices, his environment an-' shltnr tinple don't those three thines vou are coin Sarnoff raised a few eyebrows 1 10 nave trouble." make radio a household utility.

The idea is to bring music into the home by wireless" eventually helped give birth to a new industry, commercial radio. To still others, he is the embodiment of the American dream, the poor little immigrant boy from Minsk, the school dropout who, through diligence and per- tenia. "What society iicitl? most is wisdom," he says "But. even if you turn the calendar back 2,000 years, I see no ral evidence of an increase in man's wisdom." Nevertheless, Sarnoff disclaims pessimism, which he: defines as "looking the riomi! and seeing onlv the hole Me is hopeful that the "riiyeouilibri- urn" between progress in 10 years ago when, on his 65th An(1 that's where technology birthday, he forecast that in zo COmes in, years soviet communism wouif. "Power is the basic factor In civilization.

Now we have the gift of atomic power. Atoms are everywhere. It is possible to have atomic power anywhere in servance. rose to neaa me na can b'" din Corn of America, the Eiant science and society collapse and the world would have gonf a long, way toward outlawing war. Halfway to the mark, he claims his predictions are on schedule.

"Communism," he says, "has deteriorated at least by half. "First, there is ihe lack of the world "When all nations have their own power, when they don't have to depend on oil, coal and of the industry he helped to brought into balance, create. "I have seen considerable pvi- But, even as he approaches jdence in that direction since irr the three-quarters of a century I turn of the century he says, mark, Sarnoff is more con-! "Educational opportunities rfrni-A with the future than he have been extended greatly. At unity There in communism today. such things as they cannot pro-is the gulf between the; vide for themselves, then they is with the past.

If he had it turn of the century, coll' a Soviet Union and China. This is will have the first step in pro viding for their needs. was for the few. Now a large the most significant factor in do all over again he would rath "I think we'll see this before the turn of the next century." number of people 'n il- the Communist world. If it con- and the poorer groups pet a col- tinues tor the 10 years ir lose ethical 'en.

lessthe' same form it will result it' illiteracy, people re.vl mor r-'iUii'is" of communism. no accident. cr be born today, for, he says, "the best is yet to be." The future, to Sarnoff, looks like this: An all-purpose television screen mounted on the wall will i bring into your living room not only television and radio but books, magazines and newspa-j pers as wen. The push of a but-1 ton or the flick of a switch will Homme 17 gq7 ALL GLASSES This expansion map shows TRI expansion of Modern Security Lile of Springfield, Missouri. Our expansion was NOT accomplished by the purchase of other companies in the various states NOR by our starting NEW and SEPARATE companies in these states.

We earned admittance as a direct result of our sound and solid yet dynamic growth, which has been produced with the help of the finest people In the world, our contract holders and our stockholders. MODERN SECURITY LIFE'S rt proud to present herewith our Fifth Annual Financial Statement. Modern Security completed its fifth year of operation on December 3 1, 1965. turn electronic impulses into printed pages to be read at leisure. Satellites in orbits synchronized to the earth's rotation will broadcast from anywhere di (mm Now i965.

This rectly to anywhere else in a uni versal language derived largely from English under-; stood by everyone in addition to Mod.rn Security Ufa'i Insurance In'Jorc 'jllcFe by December 31, was an increase of 44.3 over our volume in force on December 31, 1964. Low Prices his or her native tongue. A worldwide network of computers will place all that is GROSS PROFIT OVER $1.4, MILLION 4t. Modern Security Life i gross profits nave mounted steadily every year, starting with our record setting first year, 1961, of $91,950.07 to 1962's $298,136,48, to $788,247.74, to I964' $1,067,136.56, to I965's known about any subject imme- rliotplu at lars, scientists and business- men. Thus, the latest medical knowledge will be available to any doctor at a moment's notice' All these and other marvels will be powered by atomic batteries the size of suitcases bur rrQVER MILLION RETURNED TO.

CONTRACT HOtpEJS Contract Holders of Modern Security Lite will receive as their snare ot 1965 profits This year's dividend is 39.8 of profits after taxes. These dividends also snow a 42 increase over 1 964 dividends of $320,099.68, Total dividends tContrct Holders in five years of operation now total REINSURANCE PROGRAM A SUCCESS. We ere now licensed in 21 states end we are reinsuring 5 young and vigorous companies under the J. W. Jones Plan.

Following the Plan, each of these companies, has either produced a profit in its first year or well on its way to a profitable year. Great Missouri Life, Executive Security Life, Modern Investors Life, and Independence Life have all completed theirV first full year 1 and in their Annual Statements all show profits. Modern Assurance ts less than a year old and is fast approaching profits. During 1965, Modern Security.fafis,iJP! North Dakota and Iowa and received licenses to do business in Washington, Idaho, Nevada, Utah, Montana, Wyoming, Colorado, Indiana, Tennessee, Delaware, Alabama, Georgia and Florida. All corporate functions of Modern Security are conducted at our Horn Office in Springfield, Missouri.

There is holding company connected with Modem Security Life. Modern Security's assets soare 1965. This was an increase YvVX JLJ 100 STYLES, SHAPES AND COLORS TO CHOOSE FROM Never before in King's Optical History have we offered so much for so little. Think of it, American made National Branded frames, complete with Single Vision top quality American lenses that you need, at the one low price of 1 1.98 If bifocals are needed or desired, then for only 12.98 you have your choice of the kind of bifocal you need Kryptok, Ultex or Flat-lop, at the one low, low price. ied in backyards and good for years without replacement.

Wild guesses? Not really. In his 75 years, Sarnoff has several I times risked his future and his reputation on the accuracy of i his forecasts. i When he was only 16 and an i NO APPOINTMINT NECESSARY mzr office boy with Marconi Wire J.W. "Pat" Jones i Pmidtnt anil Chairman of the Board 1 WvMk- of $1,306,293.06 over 1964 $4,924,314.55. Each year, since our first yeer, 1961, when our assets stood et $440,299.76, hes seen a dramatic increase.

They were $1,367,468.20 in 1962 and $3,533,171.62 in 1963. lit glasses union mot IT limit! OrTICtt WflHEIS tOCU. 153 tfl-tlO WFTK nil! HIMW AGENCY UP 71 Our Aqency Force now exceeds 1200 which is en increase of 7 is 2000 licensed egents by December 31, 1966,. I over I964's 712. Our 90a! less Telegraph Co.

of America I he noticed that the office work ers and the wireless operators knew nothing of each other's jobs. The man who knew both, he reasoned, would ao far He was right. And he was the man. Sarnoff was commercial-man ager of the Marconi company in 1919 when it was absorbed by the newly organized RCA. He was named general manager ot RCA at the age of 30 and elected president at 38.

He has been! LANDERS BLDG. SUITE 200 PUBLIC SQUARE Hours: 9 to 5:30 p.m. Daily Including Wtd, and Sat. Open Fri. Nile 'til 9 Phono university 5-191 1 HOME OFFICE BUILDING A site for our new Home Office Building hes been purchased in the heart of Snrinafield Missouri.

Preliminary planning for the building is underway. Start of construction it now planned to begin AH Clones Art Sola Only Prescription ot Licensed Doctor in tne near ruture. Our own people, our industry, investment experts, and people In the various communications media have been most enthusiastic in their praise of Modern Security Life. To them we extend our manks. We must point out that our record is the result of scrim suDDOrt and hard work aur Home Office Personnel, our Board of Directors and most of all by our Contract Holders end Stockholders.

Our achievements are directly affected by the quantity and quality of help from the above groups. We look for a.n even qreater Increase in this help in 1966 and, therefor, our areateit vr, me greetest rraaition ot tne American system ot free enterprise. IVI IP-IS J. W. Jones President oed Chairman ot the' loard Meaern Secerlty Lite Insurance Co.

swaBsajssawaBEBJ STATEMENT OF FINANCIAL CONDITION AT DECEMBER 31, 1965 ASSETS "The Best Portable You Can Buy" All Other Total Stocks: Savlnap nd loan Preferred 'Total S2, 017,349. 00 1 002.00 St. 208 55 2412.33 S.B55.48 454,40 30 TWO CLEANERS IN ONE! Upright and Cannister Features Combined In One Cleaner. THIS MACHINE TAKES THE WORK OUT Of CLEANING $3, 347,271.40 70,000.00 iot.iii.4 2.451.1 112.12 28 LIABILITIES Net Policy Reserves: Life Accident and Health Policy claims in process Dividends A Pure Endowments Accumulated Dividends 1 Pur Endowments Unpaid Dividends Apportioned to 1231 Advance Premiums Premium Deposit Fund. Taxes and Expenses Amounts held for agents- Security valuation reserve Other Liabilitias Total Mortgage lont HOOVER PORTABLE Policy Loans Caih life premiums Deferred and Uncollected Accident A Health Premiums Uncollected Accrued Investment Income tills Receivable Investment real estate 20.434 St 377.442 tl 47,143 50 24 452.10 15,001 4e 53,305.127 73 70S 000 00 2,220.47 88 348,473.73 1303 11,384 30 4,500.00 32.

534. 25 Capital Unassigned Surplus Total OFFICERS J. "PAT" JONES President and Chairman ol the Board JERRAL W. JONES Executive Vice President C. LAWRENCE LEQGETT (stiitaat to the President JOHN A.

WELCH Secretary and Treasurer T. E. CRAVENS First Tic President W. V. SHARMAN (gency Vice President DAN R.

J0STEDT Tic President Expansion WILLIAM T. MAYNARD Vice President Public Belaliou W. V. DRAKE Comptroller DUANE PLANK Traveling Vice Pres. ATTORNEY JERRY BUXTON Springfield, Mwsotri The cleaner that has everything INSIDE I Admitted Assets SUMMARY OF OPERATIONS (Accrual basis) Premiums: Ordinary Ufa Disability Accidentel Group Accident A Death HOOVER A DIAL-A-MATIC Mil 30 more efficient I on mgs! 2)4 times more power with I 1 1 tools! Jl Health iteatll Benefits el Endowments paid 13.207.32 Disability benefits 22,714 05 Surrender benefits 22,378 31 leneflts Accident 6 Health Policies Interest on policy funds 5f 307.92 Dividends A Endowments peid 45)252! 1 2 Increase in reserves e' 12.

5Q Commissions 214' 18 81 Texes and Expenses Decrease In Cost of Collection $To2e7ll80Ti Total 145,597,55 459 25 S.800 It. 000 00 444.IJ 48.254. to SIS.348.lt 4l.440 717,259 4 J20.333.53l J2. 414,502. 08 Totel Premiums Dividend Accumulations Endowment Accumulations Net investment income Other income Total MODEL 2200 ALL TOOLS FIT NEATLY INSIDE AUTOMATIC Gain from operations before dividends to policyholders SI, 411 578 23 Dividends to policyholders Gale from operations efter dividends to policyholders 9S8 243.74 Federei Income Texes incurred Met tele from eperetleas after dividends te policyholders Fed.

Inc. Taxes i powerful 1 1 10 eoRrREWiNir- tmutm s5) 80 Washington $Qi88 SURPLUS ACCOUNT- Dividends to stockholders Cash Dividends to Stockholders Stock Federei Income Tax, prior years llGHTWGHT Washlngfon $0088 Special 47.000.00 215,000 00 Unasslgeed Surplus U3144 Net ai from operations Oecreese Sec, Vel. tleserve Soeclal vf i Net capital losses 5,401.48 47.272.47 4 115 99 58,941.92 J2, 220,479. 18 S2.il5.530.4tS Total Net loss non-edmitted Items Unessigned Surplus 12 3145 Total 45 I ACTUARIES NELSON ft WARREN 111 So. Beraistoi St Lotus.

Missouri REINSURANCE DIVISION HARRY ATnURNBERQ Vice President Beinsirance JOHN W. IOYB UnderwrWn, DONALD RODEIUSH New lutiftsitt ine eoove Tinanciai sraTemettT is a True ano execs reoroduction af tfi ats 4 tj.fc.11u:.. ML ML A rMMMM MKEL The Quality Hardware Store 1826 S. Glenstonc "ON THE PLAZA" TU 1-5132 Aanl of Moder, Seosrlty life tmnm-iWr-J' IMeytmu infatrirnani ttn iHi4i9oj i. OMM W.

JONES, ClMstrsejan A Preeldeejt Insurance In force December II, 194 024 131 00 Insurance la force December 31, I94S.