"
At the time of the caucus, Colonel Lindsley was director of the War
Risk Insurance Bureau in Washington. In speaking to the motion to pass
the foregoing resolution, he said that more than a year ago he and
other officers in France felt that if there were no other reasons for
an organization such as the Legion, it would be more than worth while
to create one even though its sole function was to let those who
served in the war know their rights about government insurance and if
it saw to it that the general scheme was perpetuated.
"I am speaking particularly of the insurance phase of the situation,"
he said in part. "The United States Government to-day is the greatest
insurance institution on earth. Thirty-nine billions of dollars of
applications have poured in from over four millions of men; an average
of practically $9000 per man is held throughout the United States and
abroad, and over 90% of these men are insured. That insurance is the
best in the world, because the greatest and the best and the richest
Government on earth says, 'I promise to pay.' It is the cheapest
insurance in the world and always will be because the Government says,
'As part of our contribution, we, the people of the United States, in
this war, as a legitimate expense, will pay all cost of administering
this Bureau.
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