The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-06
UNION RULES WILL GOVERN.
Salt Lake Not in the Prospective In
surance Rate War.

Whether or no the Pacific Insurance
union goes to pieces on account Of the
internal descriptions, Salt Lake will not
be in the rate war which would be sure to
follow any departure from union rules.
This afternoon, when q general called
meeting was held in the rooms of the
union, steps were taken TO inaugurate a
local board OF underwriters, which shall
have the governing of the insurance bust,
ness of this city, and incidentally of the
entire territory, in the event of an ad-
verse crisis occurring in the affairs of the
union 1t will be the aim of the local
board to perpetuate the rules of the COM
pact and carry on the usual business in
the usual manner. In this the local
agencies will be backed by their COM
panies, even though the latter may be
warning on the coast. There it Will be
a battle of principles and the causes which
led up TO the strife will have no bearing
on the situation in Utah or the north
west. For this reason the companies and
their agencies hold that there should be
70 rate war outside of the state of Call
fcrnia. and every effort will be made to
prevent it Chere, for a severe rate cuttins
means ruin to the business of many of
The contestants.
The organization of a local governing
board does not mean, however, that the
home agencies have given up all hopes of
q reconciliation among the general agents
on the coast, for on the contrary many
of them are OF the opinion that all of
the differences will yet be adjusted AMI
IftdI OlQ NOnQlIlOlS VIII RUE. II was Tor
the purpose of getting into readiness
should a break occur that the under
writers held their meeting yesterday after
noon. At the meeting every union agency
in the city was represented and the uuan-
iTnous opinion was that the organization
of a local board could not be effected any
too soon for the preservation Of the inSur-
! erce business of the territory. With this
/ end in view a temporary organization was
! effected with W. +. Smedley as chairman,
and II. P. G. Coates as secretary and the
matter in hand was thrown open for
general discussion. There were no adj
verse opinions and a resolution provid-
ing that the underwriters of this city
proceed at once to the organization of
a local board was adopted unanimously
The chair was then asked to name a
! laws and Messrs. EIeber j. Grant, Rogers
] WEittemore. Game and Anderson were
designated by the chair These gentle
/ men will at once prepare their report or
I the permanent organization and another
meeting will be held in the office of Ifebel
j. Grant 81 Co. on Tuesday afternoon al
, o'clock.
/ For over week the general agents
with headquarters on the coast have
maintained a strict silence regarding the
situation in San Francisco and the loca
agents are entirely in the dark as tt
the next probable movement 1t is
! known, however, that the local employees
of the compact have received notice tina
their services may not be needed after the
HISl u lue COuLlIIS ulOIllu- Ills IlOIlCi
is looked upon, however. as merely {
precautionary measure, for in the even
of rupture two days after the openins
of the month, the clerks could draw theil
salaries for the remaining days OF tn,
month. Captain Donnell does not antici
pate that there will be any serious breal
ana should one come he holds to tht
opinion that it will last but compare
lively short time, for the insurance bust
ness has reached that stage where
union is absolutely necessary.