$1, NO. 1 1436 Marquette Building, Chicago PRICE TEN CENTS The Knocking at the Door Honor Among Clergymen Recent American Histories Reviewed. For Thoughtful Men and Women The people have waited a long time for a life-insurance company that would cut down expenses and provide Old-line Policies on Easy Terms Policy-holders have been putting a vast deal of money into life-insurance, and the agency system, involving many branch offices and big commissions, has eaten up a lot of this money. The LIFE-INSURANCE CLUB OF NEW YORK has no expenses of this kind, and its members enjoy privileges and benefits that are not offered by any other American insurance company. The LIFE-INSURANCE CLUB OF NEW YORK is an old-line (i. e., legal reserve) company, affording absolute insurance security. It has a Perpetual Charter granted by the State of New York, and is subject to strict State supervision. It has ample resources and is backed by Government Bonds deposited with the State. It issues the regular and approved forms of life-insurance—just like other standard companies-only it does business in a better, because more economical, way: it reaches the people direct by advertising and correspondence, thus cutting out the tremendous expense of agents and branch offices, resulting in lower premium rates to policy-holders. Its Officers and Trustees are men of ability, experience, and responsibility. It is not controlled by any one man, or any set of men; its owners and members are co-extensive with the country; it is the people's company-owned by them, controlled by them, patronized by them. Let us forward you full details by mail: the Club has no agents. We will also send you particulars about the Club's Economy Life Policy (Special Historical Series), with Cash, Paid-up, and Endowment Options, with the privilege of convenient monthly deposits if desired. You will find in this Policy ideal life-insurance. In order that we may give you personal information, please do not fail to answer first letter these two questions: in your Ist. What is your occupation? 2d. What is the exact date of your birth? We shall also be pleased to send you (if you mention The Outlook) a free subscription to the Licny Dial, a bright little magazine for men and women who appreciate economy and democracy in life-insurance. Address: LIFE-INSURANCE CLUB of NEW YORK (OUTLOOK SECTION) RICHARD WIGHTMAN, President FIFTH AVENUE (Cor. 38th St.) NEW YORK Peace! SATURDAY, SEPTEMBER 2, 1905 After a week of alternate hope and fear the welcome news was sent forth from Portsmouth on Tuesday noon of this week that, at the postponed session of that morning, the Japanese and Russian plenipotentiaries had arrived at complete accord on all the questions before the conference. It was added that a decision had been reached to proceed at once to an elaboration of the treaty, and it seemed to be beyond doubt that the signing of a treaty of peace had been substantially assured. Protocols had been drawn up relating to the several demands of the Japanese as each of them had been accepted in substance and principle by the conference. Similar protocols were agreed upon at this critical and decisive meeting of Tuesday morning regarding those questions upon which agreement had been theretofore impossible. It is understood that the formal treaty itself will be framed, as to all important matters, in accordance with these protocols, although there is room for discussion as to the exact terms to be used, and probably also with regard to minor concessions and conditions. The press despatches assert that "Japan, with a magnanimity worthy of her heroic achievements in the war, met the Czar's ultimatum by abandoning her demands, not only for reimbursement for the cost of the war, but for the repurchase of the northern half of the island of Saghalien, while Russia agreed on her part to the division of the island." As had been expected, the Japanese also withdrew their demands for the surrender of the interned war-ships and for the limitation of the Russian naval power in the Far East. These latter conditions have all along been regarded as demands made without a determination to push them rigorously and as points as to which the Japanese would readily yield. The Outlook must postpone until its next issue any discussion of the fairness; and justice of the terms of peace agreed upon, for fuller information is required before these things can be intelligently weighed; but that the only effective peace is that which will be stable because it is founded on justice is (as we say in an editorial in another column, written while the issue was still in doubt) fundamental and vital. It is not, however, in any way too early to congratulate sincerely and heartily the two great nations whose peace and future prosperity have been hanging in the balance. It is eminently proper also to extend the expression of congratulation to President Roosevelt, whose wise and courageous efforts induced the two Powers to make an attempt to end the war even while each expressed its disbelief in the possibility of such an attempt being brought to a happy solution. Humanity and civilization have attained in this peace a triumph of inestimable value. Lord Kitchener and Lord Curzon Last week Lord Curzon of Kedleston, Viceroy of India, resigned his office, to which the Earl of Minto was immediately appointed. The correspondence leading up to this event, now published by the India Office, shows that Lord Curzon's dissatisfaction reached its climax with the refusal of the British Cabinet to appoint his nominee as Military Member of the Viceroy's Advisory Council. Through this Military Member, Lord Kitchener, as Commander-in-Chief of the forces, has been checked. Lord Curzon requested a reconsideration of the decision "in order to enable me to accept the responsibility which I infer his Majesty's Government still desire me to assume." Mr. Brodrick, Secretary for India, again refused, and Lord Curzon replied: "It is apparent that his Majesty's Government deny me that confidence which alone can enable me to serve them, and |