The new daily appeal. [volume] (Carson City, Nev.) 1872-1873, 1873-01-16
Che 9ew 5lailn sppsa'
The INSURANCE ACE.

rcsistibly right when We are right !;
and this is how it comes that aftar
We got on the right track concern
ingtAe INSURANCE Act we were so fixed
and pointed in the correct direction
as that it is AN impossibility
that we can be switched OF even b.
SO expert and Industrious conduct
or as that profound interpreter of the
Science of Insurance, the heavy man
Of the Territorial Enterprise. In
that valuable vehicle CT intelligence
and occasional transformation we
find reply to so much of our Mon
days editorial leader as relates to the
Insurance Act; and the SAID reply
winds up with these negatively pos
tive words, to wit:
3. It is not true, we are assured.
that o uniform rate Of charges has
been agreed npou by the insurance
companies doing business on this
coast. The rate for first class risk
may be the same with the several
companies doing business here, but
in relation to risks of different classes.
agents exercise their own judgments.
and the rates are by no means uni
form. The competition IL Insurance
is quite as marked here rs III any
other line of business. and what we
nsk is that AL companies taking risks
in the State may be allowed to 90
their business openly, and be com
PEELED to pay the tax Imposed o.
their collections BE- the law, which
they now evade.
Now it SO happe,rs. l,y q 7royi,,en
tial hit of good fortune ss..!!. We have
before us q little work entitled
n Book OF instructions and Rate
az for the use ANA guidance OF Fir,
Underwriters on the Pacific Coast;
and by reference to The said work We
find a Circular to Agents dated ''.San
Francisco, Decent Der, 10!2'-onlr
last month-where:n we obtain mate
rails for refuting the tenor Of the
foregoing statement Of OR reckless
contemporary, from which materials
we extract as follows:
SAN FRANcIsCo, December. 1872.
I'm presenting the annexed Tariff
of Rates to their Agents Throughout;
tlie Pacific States and Territories, for
their guidance, the members OF tie
/. Board OF Fire Underwriters OF Sai.
: Francisco would respectfully state to
their Agents, and, through them, to
the insurlng public, That the rates
named herein are AS low IS good IL
surance can be furnished ut thai
the Board, as s-ej gans-ed, Is NO
longer an isolated one, but q part
and parcel of the National Board OF
Ere, Underwriters and, Ill conse
quence, both Agentsand patrons caii
rest assured tia: s'se rates and rules
adopted are on a.,sarEaanent and last
ing basis, and That deviations, or ali
evidence of bal fait,, on the part oil
AMI member Of this Board. or lis or
their agent, solicitor, or broker, will
be promptly acted upon, in accord
ance with the terms Of the const
tusion anil BY. laws Of this and the
National Board.
The Circular from whIh, this is
an extract is signed by Nd less than
thirty two Agents of Insurance Com
panies doing business On this coast.
Follow g the foregoing is a lis
of,rnlesa d rates OF Insurance FROM
the ,prean ,,sto which we extract as
folloYs; 70, 70. u-rc
!. Undar no circumstances whatever
will deviati6ns, by the renting OF
any portion of the Agents commits
sions, or by any means whatsoever.
be permitted. Applications forward
ed an less than the correct rates. &C
cordins - this E.riff. will he re
turned, Policies. reported AS issued
& less than the Tariff, will be cancel
led :, and o repetition, OF these devia
tions on the part of agents, will be
deemed. sufficient ground for their
)eaidvaE & - l4E . @
The, useofr any and all Tariff
Books heretofore issued tobe discon
tinued. upon the receipt OF this by
Agents,
Here follows a series of specifica-
lions under no less than fourteen
different heads, succeeding which are
1f9 rqt for determining the rate
Of premiums of every. conceivable
.Q3 aSd class o:1isks known to in
surance companies;.so that. SO far as
the business of insurance can be
;ypAefel right down to. circam
stance, there is no glance for any
deviation from uniform rate of
,harg 8 III all the thirty two com
5adies Aforesaid: This classification
If risks embraces not less than four
hundred different sorts Of properties.
r Jm, q bag: factory to quartz mill
~ a =.