The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-04-29
PUBLIC BENEFIT FROM MODERN FIRE INsuR,

PUBLIC BENEFIT FROM MODERN FIRE lNSUR.
ANcE.
Modern fire insurance has developed to wonder
full extent. Few people who are not in the business
realize its magnitude and the number of things brought
within its scope. The insurance has very much
more to do besides pocketng the premium and taking
his chances fire loss. Besides the wonderfully
exact scientific calculations of the insurance tables
and statistics by which he is guided in underwriting,
to which every insurance man contributes and the
study of which is difficult a branch of medicine
or department of law the infinite care that the in
surance expends in the various of fire pre-
venton must be taken into consideration.
It is mistake to believe that the only return the
premium payer gets is when he collects his insurance
money after loss; that it is necessary burn out to
win in fire insurance An honest insurer if burned
always loses in inconvenience anticipated profits
and disruption of business The insurance policy only
protects him from financial loss the extent of the
property actually burned damaged. Where the in
ser profits by fire insurance is in the fire prevention
work of the insurance companies. The whole com
munity also profits by this and the debtor of the in
suraGce companies and the insurers who pay the pre-
NUNS and make such work possible
When the inspections patrols. the war against "fre
traps and dangerous oil and electrical installations
the laboratories maintained the testing of explosive
oils and chemicals the determination of the safety OF
lighting AID heating devices, the sprinkler systems
/ the automatic alarms, and the countless other ex
penses involved in the immense yet inadequate system
| OF hre prevention maintained by FIRE insurance
panies taken into consideration it is seen that the
insurance has his work out for him and has to
figure closely to out the right side of the
ledger.
There is doubt that all policy holders and in
deed all property owners. would be benefited If the
companies able to extend the system of fire pre-
venton and spend more money upon it In addition to
the vast amount that is yearly spent in this way
| There is no doubt that fire insurance and other
kinds of insurance we'll is business recurring such
special training and mutfarous knowledge as to Iken
it to a profession. Only men with the requisite capitaI
and exceptional ability successfully engage in it,
AS we have shown it benefits the whole community in
a way that is not often thought Of
MANzANILIo is at least place where Old Glory was
pulled down after having been hoisted Now 10 null
down odsory in the Philippines.
Now WE'RE to have paint factory Aren't we just more
than brushing up
GENERAL URBE-URmE is still getting defeated off and on.
The government forces should uneoupe him and take him
siugy.
CARMACK says the islands are for the Filpinos He Of
course for those under TO-
GALVESTON is making preparations for her May car
nival She has certainly earned the right good time
] srEMwINDER winner in a horse race II is
very seuon 'n"' stem Mlnuer IS run down.
CHICAGO judge says a woman has a right to kill the
man who beats her Well, who said she hadnte
EXCHANGE INTERVIEWS.
An inventor at New ondon Cbio has beon o,,,,.5 :.