Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1902-03-20
WHAT OUR NElGHbORS SAY.
How ths Trust p Principle is Operating
in connection with Fire Insurance.
ILL L.


Nfrom the Bra'tleporo Reiorm'r)
Insurance comnanies have been losing
money in Xermont-While steadily making
il ovor in Nv Unrnshirn unIer the
valued policy lawn most of recent wears
and they have made thnt the excuse for
a rand ..boostinp' of rates Rut last wear
ther. was a decided change for the better.
tho nreuitiros received accordinr to the
commissioners rcnort inst issued b,inr
,o14. i1 and the losses incurred siisoog Al
lowing the outside figaro. 81 Der cent. for
the eXnenses of doing the business there
would still be left as net proft for tho com
NAMES S1G1 5o9 iron, tbr years business
ar - bit over III, ner cont Eut don't ex-
meet any surh nronntnoss i'm reducing
,.ates as tbern has baen here in raisinr.
then Rusin.ss orpanizcd on the trust
urincinIo as insurance IL docs not oucr-
ate that wav If viii want to he assured
n GOOD al ,,,,,ro tbo, !, did in tho ti,no
of losees-tb4t tho condition disclosed by
tho tipnras is nermanent ono, Then it
Viii nrorood 70 ri,a+ ~ h,, raising e,nen-
sos-nnloss in tho meantime II be met by
Inc comnntitiva nrincin,e
rho obn,o obsorvations were in TYNE for
last vol, but crowded out NV nrcssure of
rau.s hnl ei,,,I,aroorsrv romas coufir-
NATION of tber, in tho announcement that
,ba w. I.n,,l.',d tnu,,rorco Evchan.r. fol-
tnu.ad h,. N tt' ,on,n,,,ia,. n, thn cntintrv
brs ,d,.arrad rotac ~ NOV cont ~, all ner-
nan,iio o,d ,,an,,fac,,rincr and other risks
of sneciaI ha1ard evcant buildings under
bvdro,,t nrotnction
RIA poston p.anrd wall stat.s tho law
of tho thin" whom II SAYS of the compan-
ioe ,Thc1. ouobt of course 10 accumu-
I,ta , hnrd.nn7a s,rr,rs-uben thor. ar,
rau rvs tn do Of course but when
lnoeo. ,,,,,,, ,,,tra,bor IL, considerable NUM-
hor tbcv raisn . crv and mark IN the fig
',roe,n ;rhi. hos hoan Tho ovact history
the harJ timos Losses multinlied and rates
won, nm Tbnn thcrc was a time of relief
aod df.r ro,eiro, ,ossns. hut yates maintain
cd ,hair r.,, In,,al which &c now raised
,r,im ne ouirl. ae loesns increase.
lack of if all the real crux of the in
surance prohlem is that the system is one
that promotes over-insur"nce ana mutt
rncornizr tbo fnct thcy feel hclplcss I'M
DER IL ana nave thua lar iounu u.
way OF resistance cACrpl III 'He WY
more H9peoll"h' ~ air'duH H'''c"'-
expense accounts airc'aE as ropo'ti NIT NIT
ana pN thv out!aNlhS Oh CT' IAN, 'ia.9e'
Oh ilsks' me IpllN "l II an ,pom
sion lew Years ago III inc coitsui "'N
ClduS'' "n''H H'?tr"" VI Wv ''i'e''N -
pllhclpie OF genuine coins ~ ""Ce' o.'lS
OPP. rates t'"dt"S IorrllS oNcl -i"S"I ~
Tn" pottom uouuIe ol ALLY cru"N''
TO the danger me
IN othtr "oruS' tills tluSl otSai'"h'''',
OF the business Is oillH p.ilhs up ioSS ai'u
ulsaS'cr ny "ornIlls al 'ne wrong Gnu VI
the SUBJECT ana LOOKING only 10 'ho III
'lc'EV VI 'iP''' M'i'i. Wv - w p'"
tcrs have now reached a point where ire
III ~, ,,I,n tbosn 81 ANY,, nttar lava
in the civilized world except Russia. an |
present methods can continue growing
and MULTIPLYING on the merit II feeds upon
until insurance rates pass the 100 per cent
mark.
There is nothing in American affairs
that so needs radical reform and re organ
ization us insurance. And experience as
demonstrated that the trust way is just not
the way To- do it.
900, ,,t,,, ,>,e,.D,,,,,, po.c,o,u
LoNA d" '''T i->@O "N'>'r' 'i'i@'
From the Wilmington Timos)
-, ......,.,. a..
Thefe Is ProSi''ct vi t"."tS i've p'L
''"', 81" " 1871 a,,,,,,,,,ns oo,,i.,,T
to raise their rates the business in YER
mon; VIII an DC tuflleu over 10 we n."t'I'
inc buildings to the insurance companies
continues to be practiced as cxtentively as
If has in the past. which is of itself rcspon-
sihIo for the hirh rates prevailing in
Vermont We shall be surprised ii the sub
/ i,ct of town insurance is not taken UP by
/ all tho more progressive communities OF
l ,ha soto TN, Insurance tax is the most
o,',..s.,,., rxnonse which propery holders
b I,ayc 10 moot and tho feeling f discomfort
x on rho increase
| GOLD IN ALL VERMONT FARMS
-. A.. ,,iIs,at,,,r,. pas,,.torN
Pro'" 'n' "'o'''e'''' Nv