The Saint Paul globe., 1904-01-31
THE ST PAUL GLOBE. SUNDAY. JANUARY 81 1904


who possess a keen executive faculty
and business sense. AS insurance COM
missioner of this state, it has been my
duty to interpret the law as relating
to insurance companies. have always
had implicitly confidence in the insur-
ance men of this state, and have trust
ed to them 70 obey the law. l find that
l have not misplaced my trust.
There has been a stupendous ad-
vance In insurance lines during the
past few years, one scarcely appreciat-
ed by the public. 1t has increased at
rate which brings it at the head of
all other business.
Business Depends on Insurance.
Business depends to a great extent
upon insurance. Were 1t not for in
surance one could hardly purchase an
article without paying spot cash.
1t Is not the purpose in forming as
socfations of the insurance men to COM
bine in order to raise prices, so to speak.
They must know of various matters that
can best be learned by exchanging their
view upon insurance matters knowledge
OF the laws that govern schedules should
be disseminated among the public to give
1t better appreciation of what tnsur-
diiCt iuedIS. Ine Hdttei VI iiiidiiIiioOie
substances. spontaneous combustion and
the like, for instance, Is better under
stood today that it ever was.
1.-THE public should be taken into your
confidence, and made to understand these
things.
I'm the matter of hazards, the great
advance in architecture and building. in
electricity and invention necessitates
change in schedules The fire underwrit-
ORG CHI a farc,
oughly. 1t requires keen appreciation Of
business principles to adjust schedules,
and for that reason I say that the busi-
ness of insurance today ranks with, If
not ahead of. banking. Hazards, as sta
tistics will prove, cannot be placed under
the head of exact sciences"
Hugh Louden and G. w. Patterson, both
of New York, made a few remarks COM
plimenting the association and assuring 1t
Of their hearty good will
At the conclusion of the speeches, A.
w. Perry, secretary of the Fire and Ma
rfne Insurance company, presented to
President Hughson. on the part of the as
sociation, a silk umbrella and gold-headed
cane.
Mr.. Hughson thanked the association.
After singing For He's a Jolly Good Eel
low" the meeting adjourned.
Those present at the banquet were: f.
E. Hughsen, president; A. w. Perry, vice
president; G. W. La Brande. manager
and secretary. Members of the commit
tee: j. A. Rogers, chairman; w. HI. Hart,
secretary; W. A Lang, B. Knauft, c.
M. Lerbroen. Managers, general agents,
guests of the St Paul and Minnesota Fire
Underwriters Inspection bureau and as
sociation: j. P. Hubble, Chicago; r. G.
Mccain, F. A. Manner, G. Patterson, B.
X Cowles Jr., C. L. Easton. J. F. Staf-
ford, H. R. Ensign, w. J. Haggerty, W.
e. Atwater, G. A. Roberts, r. A. Over
perm, A. E. Cratenberg, e. A. Davis, o.
G. Bates, E. G. Henry, G. c. Main, H.
R. Loudon, r. S. Breren. G. c. Mott, e.
H. Dearth, Frank Whitmore, superin-
tendent police patrol. Agents: ]. A.
Weens, E. Dolre, E. O. Nergedubl, j. W.
Watson, G. A. Fargo, G. Williams, C. NJ
Bend. William Cauly, E. J. Meier, wv A.
Carlson, w. S. Gillian, H. H Hoyt j. E.
Knauft, w. T. Keene. J. J. Lawrence
r. M. Newport Jr., Henry Rothschier, F.
G. Rhodes, w j. Shepard A. A. Doolit-
Tie, John Townsend E. S. Werner, f. a.
Regemsdorf, w. II. Howard Nd J. H.
Weed.