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The iron heel

Note 8 — Chapter III · JACKSON’S ARM

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In the terrible wolf-struggle of those centuries, no man was permanently safe, no matter how much wealth he amassed. Out of fear for the welfare of their families, men devised the scheme of insurance. To us, in this intelligent age, such a device is laughably absurd and primitive. But in that age insurance was a very serious matter. The amusing part of it is that the funds of the insurance companies were frequently plundered and wasted by the very officials who were intrusted with the management of them.

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