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# "It has been in this house fifty years. You can‘t find another piece like it. This, ladies and gentlemen, is genuine ! What am I offered for it ? _These old treasures are going for a song.. Give me a bid." â€"As the auctioneer rattles on, the neighbors think of the old days of entertainment and open hospitality in that house. They wonder how long the proud and lonely mistress has been fighting off the inevitable. which may come early, before one‘s dependents have been provided for. Death which may bring distress to others in addition to the one unemployed. Annuities for old age, protecâ€" tion in case of death, accident or sickness â€" almost every financial requirement can Sickness Accident always sudden and often causâ€" ing lessened earning power. which may cause want as well as suffering. which must seek charity if selfâ€" support is no longer possible. Dependent Old Age Unemployment Biggest in the World, More Assets, More Policyholders, More Insurance in force, More New Insurance each year. President. The Mcetropolitan Life Insurance Company is a mutual organization. It has no stock and no stockholders. Its wealth is owned solely by its policyholders. ’ JHILE presenting our Annual Statement showing Assets of $2,388,647,636 â€" 2 Billion, 388 Million Dollars â€" representing savings and investments of 25 million people in the United States and Canada, the Metropohtan Life Insurance Company desires to make clear what a life insurance company can do, what it should do and what, so far, it has been unable to do toward meeting what have been called the five great hazards of life : Assets. 2 2 S Liabilities: Statutory Reserve _ _ Dividends to Policyâ€" holders payable 1928 _ All other liabilities Unassigned Funds 1927 ... css oo t Income in 1927 >>.:;>> _ ~_.~ $651,008 Gain in income, 1927 . . $55,47. Paidâ€"for â€"Life Insurance Issued Increased and Reâ€" vived in 1927 _ / [ _ Total Bonuses and Diviâ€" dends to Policyholders from 1882 to and includâ€" ing _ â€"~_ °" / _ Life Insurance Outstanding Ordinary Insurance . _ . Industrial Insurance (preâ€" miums payable weekly or monthly) _ Group Insurance â€" _ Total Insurance Outstandâ€" ing* ..‘; s s .0 . w5 $514;003, Number of Policies in Force 40, (Inclading 1,154,888 Group Certificates) Amount expended during the years 1909â€"1927 inclusive for Welfare work in all Departments and Divisions $74,314,298 Increase in Assets during Third Viceâ€"President and Chief Agent for Canada. Fiscal Report to Policyholders for Year Ending December 31, 1927 _ $2,388,647,636.32 $2,086,410,639.00 $68,286,637.58 $92,583,792.8G6 $141,366,566.88 $2,388,647,6536.52 $14,803,785,790.00 40,166,107 $2,834,975,738.00 $5,877,465,375.00 $1,768,398,187.00 $7,157,922,228.00 $280,643,251.02 $651,068,588.43 $55,472,082.55 $371,918,295.48 Business issued in 1927 Ordinary . _. .: . Industrial _ â€"=â€" _ _ Group . .. . Increase over 19‘76 of PBusiness in force at end of 1927 _ Ordinary _ _2 0 _ 8 +/ 4 Group: : : ie 3 Increase over 1926 of : ce Investments in Canada . . . Dominion Government Bonds Provincial Municipal Bonds All other Investments . . . Increase over 1926 of _ _ . Policies in force in Canada _ _ Increase over 1926 of _ _ _ Payments to Canadian Policyâ€" holders in 1927 _ . Increase over 1926 of _ _ _ The Metropolitan leads in Canada as it does in the world. In Canada: $194,948,664 $91,544,576 $76,417,689 $26,986,399 $26,086,641 $769,114,229 $394,962,388 $326,336,071 $47,815,770 $64,202,874 $153,194,442 $48,778,331 $50,826,712 $53,589,397 $15,424,306 2,467,977 118,073 $11,560,367 $1,481,360 ‘"Not best because the biggest, but biggest because the best‘" FREDERICK H. ECKER, now be met by insurance. Only one problem is still unsolved â€"unemployment inâ€" surance and that only because legislation permitting it has so far been refused. The day must come when every family can and will plan to meet every one of the five great hazards so that none of its members will ever face the need of charity. The United States and Canada pay higher wages than other countries. Nearly all their workers earn enough to provide for both present and future needs. If they will but plan ahead they may have in their years of retirement, not merely bare existence, but real comfort. Thousands of those interested in life inâ€" surance have asked how the family inâ€" come should be expended. Send for our Home Budget Booklet which tells how much should be spent for necessitiesâ€" food, housing, clothing, fuelâ€"and how much should be laid aside for protecâ€" tion. It will be mailed free. Viceâ€"President. Thursday, March 1st, 1928