New York State Parks with Campsites Source: Division of Parks, New York State Conservation Department The Palisades Interstate Park is a chain of parks that lie along the west bank of the Hudson River beginning at Fort Lee in New Jersey, embracing the Palisades, a large part of the Highlands of the Hudson, and terminating at Newburgh, in New York. The rocks of the Palisades are said by geologists to be 150,000,000 years old. Within the area of the Park, but not under the supervision of the Palisades Interstate Park Commission, is the Stony Point Battlefield Reservation. The total area of the Park is 42,937 acres, of which the Harriman Section covers 36,386 acres; Bear Mt. area, 2,862; Brooks Lake, 1,114; Storm King, 1,056; Hook Mt., 670; Blauvelt, 536; Tallman Mt., 171; Haverstraw, 73; Palisades, 16; Stony Point. 8. The Park is visited annually by over 10,500,000 persons. Every section of the Park is accessible by motor highways and by interior roads. In the summer season, steamboats run to Hook Mountain and Bear Mountain. The West Shore Railroad reaches the eastern borders, and the Erie the western. The main artery connecting the several sections WESTCHESTER Hudson River Shore-Kingsland Point (85 acres) at North Tarrytown; Croton Point (504 acres) near Harmon; Crugers (251 acres) 4 miles south of Peekskill. Long Island Sound Shore-Glen Island (105 acres) off New Rochelle, connected with the mainland; Playland-Rye Beach (273 acres), all-year resort. Playland is the largest recreational center in the Westchester County Park System. In addition to a splendid salt-water beach and fresh-water swimming pool, boardwalk and picnic groves, it is one of the world's most modern amusement parks. Through the facilities of the ice skating casino and game rooms, Playland is an all-year resort. Inland Parks-Tibbetts Brook (161 acres) at Yonkers, north of Van Cortlandt Park; V. Everit LONG ISLAND Valley Stream (107 acres), 18 miles from N. Y., from Southern State Parkway to Merrick Road. Hempstead Lake (903 acres), 21 miles from N. Y., on Southern State Parkway. Jones Beach (2,413 acres), 33 miles from N. Y. This park is reached by the Grand Central and Northern State Parkways, the Southern State Highway, Sunrise Highway, or Merrick Road to either the Meadowbrook State Parkway or the Wantagh State Parkway. Jones Beach State Park may also be reached from Long Beach by the Loop Causeway and the Meadowbrook Parkway; and via the Long Island Railroad with bus connections. Jones Beach has over 2 miles of ocean bathing beach, a stillwater bathing area in Zachs Bay, a salt water diving, swimming and wading pool in the West Bathhouse, a marine stadium, restaurants, cafeterias, games areas, marine boardwalk, and other facilities. of the Park is U. S. Route 9-W, readily accessible by way of the Holland Tunnel, the George Washington Bridge or the Dyckman Street-Englewood Ferry from New York City and from Yonkers, over the Yonkers-Alpine Ferry. It is a scenic highway almost constantly in sight of the Hudson River. New York State Route 17 gives access to the southern and western portions of the Harriman section of the Park and U. S. Route 6 crosses the northeastern corner of the Bear Mountain-Harriman section. From the east side of the Hudson River, access to the Park may be had over the Bronx River Parkway Extension and the Bear Mountain Bridge. Cabins are available for camping at Ross Camp Dock, a short distance north of the George Washington bridge. A tourist camp is provided at the top of the Englewood approach to the Henry Hudson Drive. The Blauvelt section provides camping facilities. Automobiles tourist camping is encouraged in Harriman State Park with a charge of 75 cents for 24 hours. Camping for longer periods is permitted at Lake Tiorati where the fee is $2 per week. COUNTY PARKS Macy (202 acres) at Ardsley, encompassing Woodlands Lake; Silver Lake (161 acres) at White Plains; Blue Mountain Reservation (1,586 acres) in the southern part of Peekskill; Poundridge Reservation (4,100 acres) forest lands; Mohansic (1,100 acres) includes Mohansic Lake on Bronx Parkway Extension; Willsons Woods (23 acres) at Mt. Vernon, adjoins Hutchinson River Parkway. The Bronx River Parkway has been extended 30 miles from Kensico Dam to Peekskill. The Saw Mill River Parkway runs from Van Cortlandt Park to Chappaqua. The Cross County Parkway connects the Saw Mill River Parkway, Yonkers, with the Hutchinson River Parkway, New Rochelle. The Hutchinson River Parkway extends from the New York City line in Pelham Bay Park to the Connecticut line, where it connects with the Merritt Park. way, which extends east. STATE PARKS and pedestrian trails, a stable where well-trained saddle horses may be hired, and a polo field where games may be witnessed every Sunday afternoon during the polo season. Fire Island (800 acres) 53 miles from N. Y., ferry Babylon.* Belmont Lake (347 acres), 42 miles from N. Y. Heckscher (1,518 acres) 50 miles from N. Y., on Great South Bay, south of E. Islip. A gift to the State of 200 acres of Westbrook, country estate of the late W. Bayard Cutting at Great River, L. I., for use as a public arboretum was announced in 1936 by the Long Island Park Commission. The tract contains a fine collection of evergreens and is noted for its landscaping. Sunken Meadow (520 acres), 45 miles from N. Y.. near Kings Park; on Long Island Sound. Wildwood (395 acres), 73 miles from N. Y., on Long Island Sound.* Montauk Point (158 acres), 132 miles from N. Y.. on the ocean. Hither Hills (1,755 acres), 122 miles from N. Y., on the ocean, west of Montauk.* Bethpage (1,390 acres), 37 miles from N. Y., north of Farmingdale. Bethpage occupies a rolling wooded tract north of the Village of Farmingdale on the Nassau-Suffolk County Line. Four 18-hole golf courses and a clubhouse are available. There are picnic groves, over ten miles of bridle paths "Campsites available at a charge of 75 cents a day or $2.50 a week. Orient Beach (342 acres), 108 miles from N. Y.. on Gardiners Bay. CATSKILL MOUNTAIN REGION Catskill Park contains 544,000 acres, of which the state owns more than 232,000 acres. The park is situated in the Hudson, Delaware and Mohawk valleys. There is a rim of high, rough, and precipitous mountains extending from the northerly end of the park along the northeast and easterly part. The Catskill section is reached by rail on the New York Central to Rhinecliff, thence by ferry to Rondout, the terminus of the Catskill Mountain branch of the New York Central railroad; and by the New York, Ontario and Western railroad. No charge is made in the preserve for the use of campsites or facilities. The chief campsites are: Beaverskill turn north from State Highway, route 17, two miles west of Livingston Manor. The campsite is about five miles from this point over hard surfaced roads. Woodland Valley-turn south from State Highway, route 28, one mile west of Phoenicia. Five miles run on good macadam to campsite. Devil's Tombstone-turn north from State Highway, route 28, at Phoenicia or south from State Highway, route 23-A, two miles east of Hunter. The campsite is at the southerly entrance to the Stony Clove, a narrow defile between Hunter and Plateau mountains, through which the highway passes. North Lake turn north from State Highway. route 23-A, at Haines Falls. There follows a drive of three miles. UP STATE PARKS Taconic, at Copake Falls (6,000 acres) and Rudd Pond at Millerton (200 acres), 90 miles from N. Y.; Lake Taghkanic (750 acres), 115 miles from N. Y.; Clarence Fahnestock Memorial (3,400 acres), 9 miles from Cold Spring; Margaret Lewis Norrie (330 acres) on Hudson River, 9 miles north of Poughkeepsie. Wall tents, 12 x 14 with floor, outside fireplace, table and benches and accommodating six are available at $1 a day, $6 a week, or $20 a month. Wall tents, 8 x 10, and accommodating four, rent for 75 cents a day, $4.50 a week or $15 a month. Campsites are rented to those supplying their own equipment at 50 cents a day, $3 a week or $10 a month. Cottages accommodating as many from two to eight persons are available at from $2 to $8 a day, $6 to $40 a week or $20 to $120 a month. Application for accommodations should be made in advance to the superintenndent at Taconic park and the caretakers at the others. The Adirondack Forest Preserve with its 2,164,529 acres, its mountains, streams and lakes, is with a single exception, the largest forest preserve in the United States. Camping is free in the Forest Preserve. The State has provided many public sites, all marked by signs, but visitors should register with the rangers in charge. No camping permit is granted for longer than two weeks, but permits can be renewed for two weeks provided such renewal does not deprive others of the privilege of camping. The chief campsites are: Lake George Battleground-route U. S. 9, about pne-fourth mile south of Lake George village at the southerly end of Lake George. Hearthstone Point-two miles north of Lake George Village on Bolton road, State Highway. route 47. Eagle Point-Two miles north of Pottersville on U. S. highway, route 9, on Schroon Lake. Sharp Bridge Sixteen miles north of Schroon Iake on the Schroon River and U. S. highway, route 9. Paradox Lake-On the shore of Dark Bay, about three-quarters of a mile from State highway, route 73. The entrance highway to the camp leaves the State highway two miles east of Severance and one mile west of Paradox. Crown Point Reservation-Turn east from Route 22, about half way between Crown Point and Port Henry, Route 347 leads directly to the camp and to Champlain bridge, a distance of four miles. Wilmington Notch-Between the Ausable River and State Highway, route 86. Lake Placid is the nearest village, 7 miles away. Poke-O-Moonshine-On U. S. Highway, No. 9, between Elizabethtown and Keesville, about six miles south of the latter village. Cumberland Bay-On U. S. Highway No. 9 just north of Plattsburg. Meadowbrook-On State Highway, route 86, 4 miles east of Saranac Lake. Barnum Pond-On State Highway, route 10, between Paul Smiths and Malone, 2 miles north of former. Meacham Lake-On State Highway No. 10 eleven miles north of Paul Smiths. Fish Creek Pond-On State Highway, route 10. between Saranac Lake and Tupper Lake. Under the Conservation Department's program, a total of about 456 miles of fishing rights of trout waters located on 31 streams throughout the State have been placed under contract and are being developed and opened to public fishing as rapidly as possible. The Conservation Department exercises jurisdiction over the forest preserve and reforestation areas and historic sites; the wild life including fish and game; State parks; water power and control and Saratoga Springs Reservation. It engages in the propagation of fish and game and the raising of trees. Through the Water Power and Control Commission, of which the Conservation Commissioner is Chairman, the use of the water resources is regulated. No municipality can change its existing water supply or secure a new one without permission from this Commission. wise it supervises all well drilling on Long Island. Direct administrative control over State Parks is exercised by the State Council of Parks and Regional Commissions, subject to approval, supervision and control by the Conservation Commissioner. Like Cranberry Lake--Turn south from State highway route 3 at Cranberry Lake Village; 2 miles over dirt road to camp site. Lake Eaton-On the north shore of Lake Eaton, a quarter of a mile from State Highway, route 10. Entrance to the camp is two miles west of Long Lake. Golden Beach-On the easterly shore of Raquette Lake, Close to State Highway, route 28, about 3 miles north of Raquette Lake village. Sacandaga-On State Highway, route 30, and the Sacandaga River, 4 miles south of Walls. Moffitt Beach-Turn north from State Highway, route 8, 2 miles west of Speculator. Poplar Point-On State Highway, route 8, on the westerly shore of Piseco Lake about two miles west of the hamlet of Piseco. Point Comfort-On Piseco Lake and State Highway, route 8 two miles west of the Poplar Point site. Caroga Lake On easterly shore of Caroga Lake nine miles north of Gloversville on State Highway, route 29A. Lewey Lake-Midway between Speculator and Indian Lake village, reached by dirt road from Speculator and partly Macadam from Indian Lake. The road is part of State Highway, route 10. Pixleys Falls-Six miles south of Boonville on State Highway, route 46. Whetstone Gulf-Just off State Highway, route 12, six miles south of Lowville. Eighth Lake At west end of Eighth Lake, five miles west of Raquette Lake village on State High way, route 28. Eel Weir-Five miles south of Ogdensburg, near State Highway, route 87. To reach site turn west from Route 87 about halfway between Ogdensburg and Heuvelton. Selkirk Shores, on Lake Ontario, 4 miles W. of Pulaski; Green Lakes, 10 miles E. of Syracuse; Chenango Valley, on Chenango River, 12 miles N. of Binghamton; Gilbert Lake, 12 miles N. W. of Oneonta; Chittenango Falls, 3 miles N. of Cazenovia; Clark Reservation, 2 miles S. E. of Syracuse. Buttermilk Falls, (595 acres) 21⁄2 miles S. of Ithaca; Cayuga Lake, 3 miles from Seneca Falls: Robert H. Treman State Park (832 acres) 5 miles S. W. of Ithaca: Fair Haven Beach, on Lake Ontario, 15 miles S. W. of Oswego; Fillmore Glen, 1 mile S. of Moravia; Stony Brook, 3 miles S. of Dansville; Taughannock Falls, on Cayuga Lake, 8 miles N. of Ithaca: Watkins Glen (547 acres), in Village of that name. Letchworth Park (5,715 acres) on upper Genesee River, 50 miles S. of Rochester. Hamlin Beach State Park, 28 miles from Rochester (600 acres). Allegany (56,959 acres) 70 miles from Buffalo, 30 miles from Jamestown, 10 miles from Bradford. Pa.; Lake Erie (240 acres) 7 miles from Dunkirk; Cuba Lake (650 acres) near Cuba, N. Y. State Reservation at Niagara, Whirlpool State Park; Devil's Hole State Park; Beaver Island State Park (562 acres), Grand Island: Buckhorn Island State Park (594 acres) Buckhorn Island. Thousand Islands State Parks, 12 in number between Sackets Harbor and Chippewa Bay. John Boyd Thacher (920 acres) 15 miles from Albany. The State Forest Preserve, established in 1885. consists of a total of (Sept. 30, 1940) 2,397,506 acres, of which 2,164,821 are in the Adirondack Preserve and 232,684 in the Catskill Preserve. The Preserve represents an actual investment by the State of approximately $15,000,000 to $20,000,000. In addition to guarding the State forests from fire and disease the Department maintains thirty free public camp sites in the Adirondack and Catskill regions and maintains also trails and overnight shelters. Reforestation activities, up to Jan. 1. 1941, included the replanting of approximately 325,000 acres of idle land to forest trees as part of a 15-year program for the acquisition and replanting of one million acres. All reforestation areas have been made public hunting grounds. Two forest tree nurseries are maintained with an annual output of approximately 25,000,000 trees. Trees are sold to private land owners at $2 to $5 per thousand and given to municipalities and State institutions. The total number of forest trees planted on both State and private lands, as of Jan. 1, 1941, was 601,454,500. The New York State Canal System Source: State Department of Public Works The Erie Canal was opened (Oct. 26, 1825) and the system made free (as of Jan. 1, 1883). The construction of the improved canals was begun in 1905. Their depth is 12 feet; the locks are 310 feet long. canalization of Seneca River and Cayuga and Seneca Lakes. This canal joins near Montezuma. The Cayuga branch extends southerly to the head of Cayuga Lake at Ithaca. The Seneca branch extends from the junction at and through Seneca Lake to Watkins. the foot of Cayuga Lake up the Seneca River to The Champlain Canal was opened for traffic in 1916. The Oswego Canal in 1917, and the complete route from Troy to Buffalo in 1918. The total length of the canals is 525 miles. They are under the supervision of the Superintendent of Public Works, who acts through the Commissioner of Canals and Waterways. On the Erie branch, the Mohawk River is utilized from Troy to Rome; from Rome to Sylvan Beach, land cuts and the enlarged channel of Wood Creek are utilized; then Oneida Lake and Oneida River. Seneca and Clyde Rivers to Lyons, where another land cut is made to a point near Pendleton; then Tonawanda Creek to the Niagara River. The Oswego Canal, which joins the Erie Canal at Three River Point and extends to Lake Ontario at The principal office is in the State Office BuildOswego, is practically the Oswego River canalized. ing. Albany, N. Y.; district offices in Albany, Utica, The Champlain Canal extends from the Erie Syracuse, Rochester, Buffalo and N. Y. City. Canal at Waterford to Lake Champlain at White- In the City of New York there are terminals as hall. It is formed by the canalized Hudson River follows: Pier 6, East River; W. 53rd St., North from Waterford to Fort Edward, and an artificial River; Mott Haven; Gowanus Bay, Brooklyn; channel from Fort Edward to Whitehall. Greenpoint, Brooklyn. The terminal at Flushing The Cayuga and Seneca Canal is formed by the has been turned over to the City of New York. CARGO TRAFFIC, NET TONS, BOTH WAYS ON N. Y. STATE CANALS New York State Merchant Marine Academy Source: An Official of the Institution The New York State Merchant Marine Academy, originally founded as the New York Nautical School in 1875, provides comprehensive training for a career as an officer in the American merchant marine. The Academy is administered by The State Education Department, and has a Board of Visitors. The course is three years in length, the new class entering July 15 each year. During the first academic term from July through April, all cadets pursue the same studies; namely, theoretical seamanship, practical seamanship, rules of road, navigation, signaling, hygiene, principles of marine engineering, mechanical drawing, English composition, review of high school mathematics, plane trigonometry and logarithms. During the first sea term from May through August, all cadets study applied seamanship, practical navigation, small boat handling and practical marine engineering. Upon the completion of this first year of study a cadet chooses the department in which he wishes to specialize, either the Deck Department or the Engineering Department. The secand and third year in the Academy the cadet specializes in the department of his choice and takes more advanced of admission. He must be unmarried, a high school graduate, physically sound, of robust constitution and of good moral character. Classes enter the Academy once a year, on July, registration for which closes on June 30 of every year. Candidates who meet the requirements for entrance are given a physical examination similar to that given for entrance to the U. S. Naval Academy, after passing they must then take the competitive entrance examination, which is held in the first week of July. The course covers a period of 3 years. Each cadet is required to deposit $250 on his own account with the Supply Officer to cover the cost of uniforms, equipment and text books. Cadets resident of the State of New York pay a Maintenance Fee of $300 per annum. Non-resident Cadets pay a Maintenance Fee of $750 per annum. In addition each Cadet is required to pay an Athletic Contribution of $5 per annum. During the Academic Term, which extends from July through April, the Cadets live and attend classes at Fort Schuyler, The Bronx, N. Y., where the buildings housing the Academy are located on 52 acres of land. During the Sea Term, which extends from May through August, the Cadets live and attend classes on board the Training Ship Empire State, which makes a three months' cruise to foreign waters. Information in detail may be obtained by writing The Secretary. Fort Schuyler, Bronx, N. Y. The Saratoga Spa Source: An Official of the Institution By a revision of the law in 1937 the Saratoga Springs Commission acts as head of the Division of Saratoga Springs of the Conservation Department. In 1933 the Saratoga Springs Authority was created by Legislative Act for the purpose of securing a loan from the Reconstruction Finance Corporation to complete the present development of the Saratoga Spa. This Authority, whose Directors are the members of the Saratoga Springs Commission, continues in existence until the $3,200,000 of bonds issued by it are paid off. The Saratoga Springs Authority operates the State Reservation at Saratoga Springs under a lease from the Saratoga Springs Commission, executed at the time its bonds were purchased by the Reconstruction Finance Corporation. The Saratoga Spa is an institution for the treatment of chronic diseases. with specialized therapies for heart and circulatory conditions, arthritis and rheumatoid disorders, neuritis, gastro intestinal conditions, faulty metabolism and obesity "Restoration cures" are offered for those who are not suffering from any organic disorder but have been under unusual physical or nervous strain. The Spa is situated on the Saratoga Springs Reservation, which embraces more than two square miles and its acquisition was begun by the State in 1910 for the safeguarding of the medicinal springs for which this region has been famous since 1773. These are the only naturally carbonated waters found in the United States east of the Rocky Mountains. Included in the facilities of the Saratoga Spa are 3 bath houses for administering natural mineral water baths and other treatments; halls for drinking the mineral waters; a bottling plant; a research department; a recreation centre for the therapeutic use of sports, with a swimming pool, golf course, and tennis courts; and 1300 acres of parks for the free use of cure patients, and of the public in general. Improved land in farms (1940) includes (acres)-crop lands harvested (6,581,296); crop failure (132,780); crop land idle or fallow (742,791); plowable pasture (2,779,979). Woodland (3,022,323) and all other land (3,911,168) are not included." Live stock census (April 1, 1940)-horses and colts, 271,917 (colts, 8,946); mules and mule colts, 3,364 (colts, 33); cattle and calves, 1,927,305 (cows and heifers, 1,374,140), (milk cows, 1,361,600). Hogs and pigs, 194,708; sheep and lambs, 285, 172; wool shorn, 1,853,865 lbs. Corn Wheat Chief Food Crops in New York State Source: State Department of Agriculture and Markets Oats 8,827 1,190 45,815 20,617 4,600 4,968 77,998 355 25,560 20,959 16,427 1.058 37,030 24.810 4,903 5,293 124,915 317 39,625 46,758 17,821 4,713 5.433 79,322 251 22,339 48,029 14,580 3,953 4,554 65,578 212 24,804 22,324 7,491 3,971 4,842 35,347 245 33,075 12,238 7,060 4,053 4,572 43,434 238 29,274 21,956 12,644 4,108 3,985 64,557 269 38,467 15.387 9,980 4,132 5,582 46,397 253 27,830 19,203 836 18,392 9,932 4,139 4,222 49,397 220 26,400 29,040 752 18.800 8,836 4,064 5,703 46,765 227 28.375 15,606 782 26,588 9,306 4,009 5,436 39,139 220 26,840 17,983 782 25,806 10,580 3,962 4,179 49,312 211 26,797 22,777 821 29,96611,867 4,000 5,554 46,654 213 26,838 16,571 Rye 1915. 770 29,260 22,823 1920. 753 30,120 34,939 1925. 657 23,652 22,942 1930.. 560 16,800 15,120 1932.. 629 22,015 9,907 1933. 1934.. 1935.. 734 24,956 20,713 1936.. 640 19,840 23,411 1937.. 672 23,856 18,608 1938 685 25,345 15,714 1939. 1940 380 8,740 454 9,387 308 5,706 224 4,022 3,177 201 4,086 2,043 8,673 1,008 34,272 623 19,313 11,974 698 24,081 21,191 233 4,512 3,700 820 16,810 263 4,714 283 6,457 5,300 853 25,590 699 24,465 16,881 273 6,382 692 21,452 15,874 30917,996 5,175 6.086 Acres 1,000 Bushels 1.000 Dollars 1,000 1,000 Bushels 1,000 Dollars 1,000 Acres 1,000 Bushels 1,000 Of 132,100 farms operated by owners (1940) 65,377 were free from mortgage (53.4 per cent). Apple figures 1925-1937 cover total crop harvested; 1939, commercial crop only; the 1938 commercial crop was 10,464,000 bushels. Other 1940 N. Y. State crops-Soybeans, 140,000 bu.; dry beans, 903,000 bags of 100 lbs. each; tobacco, 2,080,000 lbs.; maple sugar, 212,000 lbs.; maple syrup, 734,000 gals. Savings Bank Life Insurance in New York The Source: Edward A. Richards, The law permitting savings banks in the State of New York to sell Savings Bank Life Insurance is administered by seven trustees of Savings Banks Life Insurance Fund, a body corporate. trustees of the Fund are appointed by the Superintendent of Banks with the approval of the Governor. Each trustee must be a trustee of a savings bank and five of the trustees must be chosen from lists submitted by the banks. Two are nominated independently by the Superintendent of Banks. The insurance departments of the individual banks are under the supervision of the Superintendent of Banks. The Superintendent of Insurance maintains the same supervisory control over the insurance departments of the individual banks that he does over individual life insurance companies. The trustees of Savings Banks Life Insurance Fund prepare the rates, policy forms, bookkeeping and record forms and all other forms and documents necessary for the conduct of the business with the assistance of an actuarial director. The Medical Director approves or declines applications forwarded by savings banks. The Life Insurance Department of a bank can write a policy not greater than $1,000 on any one life and one person can secure not more than $3,000 in any number of banks. A record of each application, a copy of the report of applicant's physical examination and a record of applicant's age, address, type of policy and amount of insurance is kept. The Life Insurance Department of each insuring bank is constituted like an in President of the Organization. surance company. The bank does all the clerical work in its own books, collecting premiums and investing the reserves. It is not necessary that one be a depositor in a bank to secure Savings Bank Life Insurance. The system is operated on the legal reserve basis. Banks are allowed to invest in the Savings Banks Life Insurance Fund. In addition to the investment by the Savings Department of the banks, 2% of each premium collected is also paid into the Fund. At the end of each fiscal year the Fund Trustees average the death losses in all banks. Those banks which have a better than average mortality rate reimburse those banks which have a less than average rate. Thus, no one bank experiences a greater death loss than any other bank in this method of levelling out mortality among all banks. As of Sept. 1, 1941, there were seventeen banks licensed to issue policies of life insurance, and fifteen banks licensed to act as agents for issuing banks. Agency banks receive applications and collect premiums for the issuing banks for which they receive a small collection fee. Premiums of Savings Bank Life Insurance are taxed at the same rate as premiums of domestic life insurance companies. The Savings Bank Life Insurance system in New York as of Sept. 1, 1941, had in force $16,407,782 of insurance representing 20,223 policies. "Most of this insurance has been written in small amounts on persons of limited income." |