Iowa state bystander. [volume] (Des Moines, Iowa) 1894-1916, 1898-05-13
! AN IOWA INSTITUTION.

| Tho Iowa state Register. FeLeIIAAs ~
the monument reared by the HaWkeye
Insurance company of Dss Moines.
(which Is statewide monument, be-
cause Its business covers all OF Iowa
and is confined to the state" writes as
| follows: 1T will be noticed that
| monument was reared year by year,
and that there is not year that does
net show an increase of business since
the organization of the company IN
| 1866, nearly one-third of century, ana
that there has been an average in
crease nearly equal to the first years
business during each Of the years the
company has been in existence. That
is a splendid record, and The Register
takes pleasure in placing it before the
people of the state as an example OF
the manner by which any we'll manag-
ed business can be made popular with
the people of the state, and as success
full as a similar business ;E-:s<<est N any
ether state.
"The Hawae,g Insurance company IS
exclusively an Iowa institution and
every dollar paid to that company for
insurance against fire, lightning, high
winds and tornadoes. remains in the
state to aid in the building up of Iowa
business and labor. 1t is Differed and
managed by Iowa men who have pride
and interest in their own state, and de-
sire to aid in making Iowa all that the
state can be made as the chief agrlcul-
tural and manufacturing state or the
world. No one has ever attempted to
deny that Iowa is the chief agricultural
state OF the world, the official statistics
prove that Iowa produces more bread
and meat than any other state or coun-
try of equal area on the earth; and
Iowa will become the chief manufactur-
ing state of the world when the shop
workers and food producers have been
brought together on Iowa'S peerless
plains, where food and fuel are cheaper
than in any other state.
THE monument of the Hawkeye In
surance company shows that the assets
OF that company reached S2S,61I.14 dur
ing its first year, 1856, and INCREASED
year by year until they reached $79Ss-
960.72 in 1897. Compare the assets OF
the two years, 1866 and 1897. and yo*
will be convinced of the steady growth
of this sterling Iowa company, and the
absolute safety of all the policy hold
ers Of that company. 1t is monument
of which all Iowa can be pro2i and ev-
cry policy holder should be proud that
he has aided in building up fire and
storm insurance company in Iowa that
is as strong and safe as any insurance
company of any other state or country.
The company has a capital stock OF
100000 total assets of $79S,960.72, and
net surplus of $320,O5S.53, in excess OF
gross liabilities, including reinsurance
reserve and capital, and the surplus as
regards policy holders is $42O,O5S.53.
These are the official figures for the
year 1897. If there is any company or
business interest in Iowa that can
make a safer, cleaner and better show
ing of it's whole record, The Register
will be pleased to receive the details.
for that is what we are constantly
looking for in our earnest endeavors to
induce the people of Iowa to patTonize
home institutions, and thus help them
selves and all the other bushes and Ia
boring interests Of the state.
THE Hawleye Insurance Company is
one of the chief business interests OF
Iowa, and one of the best safeguards OF
the people of the state. 1t has good
competitors in its line of business, and
there is unlimited opportunity for the
organization of other companies 10
compete for the insurance Of the people
CT the state. There has been and will
be growing against the insurance
companies, Just as there is against all
other business interests, but iowa has
as we'll managed and safe fire insurance
companies as any other state or COM
try, and the millions Of dollars aunda.-
ly sent out of the state for fire lnsslr-
ance should be retained in Iowa, aud
will be when the people Of the state be"
come fully loyal to their own Interests
advertising on the editorial pager
Not bit of it. Never a line on The
Registers editorial page has been paid
for, but The Register has entered upon
life mission to induce the people OF
Iowa to unite to build up the state by
patronizing their own institutions, and
it is speaking of the Hawkeye insur-
ance company as one of the best and
safest institutions Of the state. because
it's editor personally knows or the facts
stated, Notwithstanding he is not now
and never has been connected with
that company, nor had any pecuniary
interest therein whatever, except fire
insurance policy upon The Register
| property. That is the best test, and
The Register will be pleased to extend
editorial commentator to any legitl-
mate helpful and safely managed bust
ness interest IN the state.
This is the year to give all iowa re-
newed growth in business and labor,
and the only way to safely and certain
" accomplish that is for all the people
of the state to patronize Iowa institu-
lions, and Iowa business and laborng
interests in preference to all others.
This editorial is intended tc directly
apply to every citizen Of iowa who
reads it, or sees or hears reference