The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-02-14

5:r51siss. - = -. - y y p p -.
Special Dss7saten IN the -fnrelsizereer.
~ ii MIL. feb I9.-Ig i pot generally
~ understood. bel Is IL ia. taat gse
state Aas been playing Insurance
company Tor tive years ard Is considerably
a5ssaa ia consequences. ; years AKA Gov.
AcsS:as feneEuasu4se1 10 tas& leglssat uTe
. thBt as tae tas1ra TIRE companies w@re
charging alKa premium Tor tha Insurance
~ efff states property ta&t Il might ~ web
10 consider IEg feasibility 81 ma sfase as
s9EtJE its oBn F.sks 81 in otaar w0T7ts,
! taking otst no snseTauce ard allowing the
! Ief4 th@T would haze ne&a pad 81. IA
yr~frs uLlss - stanfi - recggr r. Tss tae gate
Jar any possible l1zSes 10y aFp The gBan
; a&s ht.ea carried ont IS outlined ~ the CAV
ernoz. except that there has been 10 ia#ar-
&acn N2nd kept TIE legislature ~ Isss3
falie3 Il MAJ 21y appFopE .aL10a Tor tne
i1s1Fanep of tHe states pr9per;y and IL
consequence the state auditor iSsEiea Is cir
C4lAf letter 90 4N - the boards managing
the states Institutions teas She state
+! would Thereafter pursue the policy 81 car
ryinR It's oHn Insurance. From that date
10 the present time iasre has been asis oae
los-~'laa; Al Pullman. IN November -
iszl, when Ferry hall the boys iornltnry
/ a; the agricultural college was burned. the
loss % the building bLin@ 81 go AMI on the
contents Ssfrss. An investigation into the
result 10 pc stale has been made AID x
has besn Aund "a nave been profitable
experiment. The value Of all buildings IN
| the state. az axceffaIned frorn me state
auditor. bxss tho ameGat ,, si.5as).lss1. not
Including contents TIE average rate -:
/. Insurance on tAis xfass Or risks IS said 70
ba not hess than ! per cent. which. in 1Ee
years At si6Gu1 yer year woul0 bc $.5,asa
Plus the Interest OF state warrants for
that amount As she isfe u "a warrant is
e lB.r ! E-s<
AT least twelve years interest on the
premiums, or a total Of ak3at si5.so This
would mean that the state has saved ia
premiums on Insurance and Interest on the
same In FIVE years about S-4.pa againsi
which there has been loss Of on,y s49ec,
leaving profit On the system Of Sj9onl
And this saving il accounted for witaou.
! taking into consideration The premiums on
the contents Of state buildings during the
came period. There mas been TO deteTnIin-
alton rs YET whether Jha old policy Of al
lowing the state Is assume It's own rcspon-
sini3sty for risk from Hrg, IT, - back
10 the policy % carrying regular Insurance..
viii BE- determined on by the present legs
lature.
= ONE members of the Legislature have
qaser ideas u ethics and when taes
are applied 20 railroad anauals and mile
aEe receipts the results are amusing. Yes
| teFday = Fierce county member or me
house stood At the gate IL the Northern
Pacific station al Tacoma waiting 10 board
ihr Olympus train In bits hand was lit
| "a. saiu, Fst az g.assehaara on which II was
stated that tie bearer. air. --. would
| b. f,ernit,- IN rice az wlu over tie lines
az IN. -.,uY,.rv IN Washington during tne
year IN4 n5s,antier Observing the
,nefnber with his pass. ssia. i5klnEly.
Wy h}, ny f:ieitd. - y"U. $50, carry an
annual railsoad PASS"
- & -. 8 ,-,,tt-;.,f -. go 80,
| -, ef1,s ,is.s@ t4,..sn~thar 10 ..erV member
- - tss.fsf..,,rs ss9g 49, m rs.s
Va t.t = -, - - - .l,{r, f,r
,,,ff'-,~. :. 80 $50, .f '., t.t+.'i ~,
s.>p $500 si.t ,,rs+t - ,s.,,.,,,,ft.,., 80
,,~t'ss .t fn,a,lrirv ~ ~, .,f.r-. ts,tff, ~
I .tts-S TX - 49, 49,, tete--s
| ,.rs..-tes te-fe ri,5,,.s tatis5~r r.. @.tt f,r
.,.ts-,.~ .,.., - ~. ~. ,n,, -t5t
80 b.t.-.s {, as rf..bt IN az e. M eiai
ttsst to,.tf ,,,1,,7 s.lftnts tno 80 rrsT,.t
aeh - 60 - r.,rts - -..,.
| re ,.s se,ax~ ...s ~ ,--.,,ts 49,. - "a,
- . ~ a. -. -, -.
! ~ ,ssfaas.. far wa Nr g. anf <. nan
/ ans c.aial and rn3re mar ,ha;. ;hzr j
/ wa1dn't Anyhow ae knew abere was
! .raln aad th*t re niSaEr ~ me "'nf
~, 49, ~ ~ M, s,1a,..t ,,lj ,ela
/ 80 az -. "a. ..r ,,, az. m
| 19ax ssa iesr-ei T., h, nsr.< n.n.ver
| not ashau,e. = IL. either. bat I weni3n'I
! pa n rny claim fcF mileage. because J
| rode on PASS
| ,,,.,,t,r.e,,->..,. - ,,,,,,.,,.
| X "a u 80. a itN y At-it..1 ~ tiefte'
seeks 70 ah.slish 'he o''ice = ~r''- ka'as;er
% 1870 19~ttS' 4f f's~ ,'" Pa
| specifically ihe fc3"t5S touching the
a Il = s e.