HERALD Official Organ Of The Sla vonic Benevolent Order Of The State Of Texas. Founded 1897. BENEVOLENCE
VOLUME 54 — NO. 38
HUMANITY
BROTHERHOOD
Postmaster: Please Send Form 3579 with Undeliverable Copies to SUPREME LODGE, SPIST POB 100, TEMPLE, TEX. 76501
SEPTEMBER 21, 1966
FROM THE EDITOR'S DESK THIS, THAT, AND THE OTHER
QUOTES.. .
Our fall district meetings will soon be getting under way. District VI is first in line with their meeting at Hillje on September 25th. The following Sunday, Dist. VII holds their's at Jourdanton; etc. The dates and places of these meetings have been announced in the "Bulletin Board" seciton of the Vestnik for many weeks, in some cases, months. Consequently, no one can use the excuse that they did not know about these meetings for not showing up. Important items will be discussed in all of the districts, and it behooves the membership to be present and contribute their share of ideas and opinions. Incidentally, two districts (V and II) have already set the dates of their sphing 196? meeting. Those districts still due to set their spring meeting dates can now plan around and choose from those dates not already taken, • • That wonderful fall weather is with us, and the youth especially can now look back over the summer months and recall the fine times they had on the various trips, outings, etc. Plans are already underway to improve all of these. Chaperones and youth both have made suggestions on how to improve these excursions for the youth. Speaking of summer activities, there may be an affort to move our State
"Silence will save me from being wrong and folish, but it will also deprive me of the possibility of being right." —Composer Igor Stravinsky. • • "There's no use figuring out where you're going to be later on; you may not be there at all. Fate is so unreliable. The sensible thing is to do the very best you can all the time." —Sen. R. F. Kennedy • If you want to relax these days, you've got to work at it. • • "Great opportunity comes to all, but many do not know they have met it. The only preparation to take advantage of it is single fidelity to what each day brings." —A. E. Dunning. Youth Achievement Day to larger facilities next year, in view of the large attendance this year. To be geographically advantageous to a majority of the membership, the event will still be staged somewhere in C en t r al Texas. Brother Janousek and the Supreme Lodge will be considering this matter soon. • • Tight Money and Your Life Policy Most everyone by now knows of the nationwide problem of "tight money", that is, a shortage of it. Lending in-
situations, investment broker s, savings and loan associations are all hard put to lend money even to good risks. They simply don't have the money. This tight money market has generated a tremendous demand for financing from life insurance companies in the first half of 1966. They too, have found their investment funds depleted. One of nation's largest companies recently passed word to their investment brokers that no more money will be available until January 1967 — maybe. A life insurance company's investments represent mainly funds set aside to meet future obligations to policyholders. The SPJST is no exception, and we have had to curtail sharply our lending practices, and then only to members. This tight money situation has also been causing policyholders to borrow more heavily on their life insurance. Nationwide, it has amounted to almost 1.1 billion dollars more in the first half of 1966 than in the same period of 1965. In the S. P. 3. S. T., a member who has paid premiums on his policy for a period of three years, may obtain a loan against his reserves, not to exceed the loan value specified in the tables for his certificate. The 5% interest on the borrowed principal may be repaid at any time, but the principal need not be paid unitl the member dies, the amount owed being de-