, the income of the farm, will warrant the increase of the wages of
each member of the company, to $1,500 per year. At least $1,200 of this
amount, will be spent at the store or restaurant. We shall then have a
new basis for calculating the five per cent profit for the insurance
fund; that is, $600,000 annually, which will give $30,000 each year for
the fund. Allowing that savings at the present rate, $20,000 per annum,
for seven and one-half years, aggregating $150,000; will prove ample for
incidental needs, until the time for the retirement of the first
co-operator! We calculate that fifteen years of savings on the new
basis, will give us twenty years hence, a fund of $450,000 to commence
with.

"If practical experience should prove that larger savings are necessary;
an additional two and one-half per cent profit, may be set aside for
this fund, without seriously curtailing the sums devoted to educational
and missionary purposes. This will surely cover all possible
contingencies. More especially, as seven and one-half per cent of all
retired pay, will come back to the fund as profits on purchases--active
workers having taken the place of the retired members. Considering the
generous annuity provided by this insurance, together with the fact that
the wants of the pensioners will become fewer as age increases;
doubtless, at the end of each year, many of them will turn back into the
fund, considerable sums of unused pay.

"As another important factor, connected with the question of this kind
of insurance, it should be well understood, that after reaching the age
of retirement, our members do not cease to be valuable productive
workers, either for the financial gain of the colony, or for the general
welfare of the movement, which the colony represents. On the contrary,
in many cases, their services are liable to become more valuable than
ever before. Between the ages of fifty and sixty, they remain subject
to assignments to serve on committees, to act as traveling agents for
the company, to represent the company as lecturers and organizers, for
the spread of the movement; to act as aids to the teachers in the
schools and the numerous clubs. They are also eligible to election as
town, county, state or United States officials. In committee work,
connected with the store and the various factories, their riper
judgment, based on many years of experience, would prove especially
valuable: often by timely advice, they would be