Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-04-24
WARM CONTEST IS ON
Iowa Bankers and Insurance
Company in Controversy Re.
earding Burglary Risks.
Bill to Permit Stock Companies
to Issue That Class of
Policies.
Outline OF Work Which Labor
Commissioners Brigham Elk.
poets to Accomplish.
Special to Times-Republican.

been lying in the hands Of Governor
| Cummins while other matters are at
tended to and while the opponents OF
the measure are making their objec-
| tions known 1t is really a contest be-
tween the bankers of the state and q
certain insurance company doing bus
tness in the line of burglary insuranc=
In Des Moines which now has a monop-
oily of the business. The inception OF
the fight was many months ago, when
| it was found that some of the outside
companies which are authorized to en-
gage in burglary insurance undertook
to do surreptitious business in Iowa
The local company is mutual, and not
founded on what the bankers generally
regard as substantial foundation
They prefer stock companies or capi-
ta!ized companies. They sought other
insurance than that which was avail
able. 1t was found that under the Iowa
law a company must choose it's partic-
ular kind of insurance and follow that
line to the exclusion of Others There
are a great many of the accident and
fidelity companies that carry burglary
insurance as side line. But if they do
burglary business in Iowa they must
abandon the other and more profitable
lines. But the bankers wanted the in
surance and commenced to write in
some Of these outside companies which
were not authorized to do burglary
business in Iowa. The state auditor
instructed his bank examiners TO re-
port on what insurance was carried by
the banks. When he discovered they
were dealing with the unauthorized
companies he commenced to make it
warm for the insurance companies and
for the bankers. Then the bankers
commenced the movement to authorize
dqmpanies to do business in the burg
i1ary line which are also authorized to
do other kinds of insurance A few
years ago the life companies were au-
thorized to engage in accident insur-
ance At this session of the legislature
the fidelity companies were authorized
to take on credit insurance as a side
line. So also the bill was passed which
authorizes the stock companies doing
other lines of business to take on burg
larry insurance. But the managers of
the company in Des Moines insist that
it will drive them out of business. This
company has been able to establish IT.
self by doing business very cheaply,
doing all the writing by correspond
ence. hence no other company would
enter the field exclusively. 1t is prob
able under the circumstances, that the
III Ic of lA eA, will
become law and a number of COM
panies will be writing burglary insur-
ance in Iowa in a few years.
ss*
In response to an inquiry from the
secretary Of the national association of
labor commissioners, Mr.. Brigham, the
new Iowa commissioner, who was un-
able to attend the recent meeting In
New Orleans. has written outlining the
work which is to be done by the Iowa
bureau this year. as follows:
"Factory inspection will be the spe-
cific duty, following in line with recent
changes in the law governing this very
important feature and which now for
the first time defines the duties of the
bureau in this direction in very salu-
tory manner. We will of necessity have
to combine our statistical investiga-
tions and other inquiries at the same
as we conduct our factory inspection.
because the increased duties have not
carried with them either provision for
an increased force or additional appro-
priation 1t is now my purpose to first
take UP the statistics of cities of over
1000 population, keeping closely to the
l,,la ~ fn6 hHyt hp
department of labor as published an
nually in the bulletins. / will make a
special investigation as to the indus
trial and social conditions of the rail
road employees of the state. A special
investigation relative to the extent
that child labor and convict labor pre-
vail in the state and their influence af-
fecting the commercial and Industrial
activities of the state. Statistics OF
strikes occurring since Dec. 81. 1900.
will be collected. New industries es-
tablished in the state and profitable To-
cation of other new industries will be
made a special feature with statistics
applying to them as may be required.
The trade unions of Iowa will be given
an opportunity to make an exhibit of
their beneficial features relative to as
sistance. under the following heads
Assistance to secure employment. sick
and accident benefits, and funeral or
insurance provisions, together with
resume of the advantages accruing to
the members thru the means of or
without resorting to strikes.
This latter feature has become SO
markedly noticeable with the trade
unions of Iowa that the movement
would not be given justice if it were
omitted"
The railroad commissioners have
another supplemental
of freight on railroads in
Iowa. The schedule covers butter and
tallow, cucumbers, ladders, refrigera-
tors, carts, furniture and stone. On
butter and tallow the small shippers
are given a good rate for winter
months where the shipments are in
barrels simply covered with cloth. An
item of interest is the new schedule on
carts, buggies, democrat wagons, sur
ries and park wagons, which are placed