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This article explains why increasing the policy limits of savings bank life insurance in Connecticut will be a competitive threat to insurance companies and underwriters. The controversy over the statutory policy limits of savings bank life insurance in the State of Connecticut predates even the enactment of the 1941 statute which authorized the establishment of savings bank life insurance in that State. Massachusetts and New York have enacted statutory measures for the sale of life insurance through mutual savings banks, and the arguments of the proponents of the legislation in Connecticut in 1967 are those which have been made almost since the inception of the savings bank life insurance scheme. They are as follows: (1) Increases in factory workers' average yearly wages since the enactment of the savings bank life insurance law in 1941 make necessary correlative increases in policy limits. (2) Limitations of any kind are violative of concepts of fair play and free competition. (3) Life insurance agents and their companies will not be harmed by increases in permitted policy limits since the amount of savings bank life insurance is small in comparison to that written by life insurance companies through underwriters and agents. (4) The public will be protected and safeguarded by a licensing provision incorporated as an adjunct to the current policy limit increase proposal which will require bank employees directly involved in the sale of insurance to pass a licensing examination prescribed by the Insurance Commissioner of Connecticut. (5) There is, in general, a substantial public benefit intrinsic in the sale of savings bank life insurance.

This article presents information about books on population and migration. Some of the books included are "History of the Americans Negro," vol. 4, edited by A.B. Caldwell, "Immigrant Races in Massachusetts. The Greeks," by W.I. Cole, "L'indiscipline des mocurs," by P. Burkau, "Race Elements in the White Population of North Carolina," by R.D.W. Connos, "The Second Generation of Italians in New York City," by J.H. Mariano, "Selected Articles on Immigration," compiled by E.M. Phelps and "Infant Mortality is Pittsburgh: An Analysis of Records for 1920 With Six Charts," by G. Sterle.

This article deals with the issue of increasing policy limits for savings bank life insurance in Connecticut. Mutual savings banks in Connecticut, like those in Massachusetts and New York State, have been in the life insurance business for many years. They have been direct writers exclusively because the law authorizing them to sell life insurance provides that they may not employ solicitors or house-to-house premium collectors. There is also a statutory limitation placed on the amount of savings bank life insurance that may be issued on one life under ordinary forms of policies. The savings banks have never sought unlimited policies, but as public service thrift institutions they regard it to be their function, indeed their responsibility, to meet the needs of people in a meaningful way. And they reject flatly any notion that their sole purpose in life insurance is to furnish burial policies to the public. Legal limitations, particularly dollar limitations, are subject to changes, both economic and social, that affect the needs of the public and the ability of a business organization to meet those needs in a reasonable way. The savings banks' insurance system has been forced to operate under unrealistic limits since its beginning, and this has been due principally to the heavy opposition and influence exerted by the insurance industry.