Omaha daily bee., 1906-08-14
INSURANCE SCHEME NlPPED
Indirect Plan to Secure tbs Repeal Of the
10 - Anti-OOmpact Law.
REINSURANCE REGULATION the MEDIUM
Philippine Veterans Meeting Mt Des
Moines-PIan TO Hold the session
Two Years Hence In
Manila



DIES MONIES. Aug. 1S.--(speciaL Fire
trying to work repeal OF the Blanchard
anti-compact law by recommending to the
legislative commission, and endeavoring to
get It to recommend to the legislature, that
in the proposed uniform policy bill there
be provision that where one insurance
company reinsures risk with another
company they be required TO charge the
same rate. The recommendation Is innocent
enough on it's face, but the members of
the legislative commission were able to
scent the ultimate results The Blanchard
anti-compact law prohibits insurance COM
panies from conspirins to fix rates. 1t
prohibits what lie known as board rates on
insurance. The fire insurance men fought
the law through the courts and the SUI
preme court of the United States some
months ago held it to be constitutional
and since that time the board has been
abolished and the rates on fire insurance
have gone down at a sharp decline. The
provision which the fire insurance men
are now urging upon the insurance COM
mission is that companies shall be COM
PEELED to fix rates instead of prohibited
from doing so.
In all large risks II Is the custom OF in
surance companies to reiRsure a part of
the risk in another company, and they wish
the legislature to compel them to charge
the company reinsurig the same rate that
the company getting the business charges
the person insured. This would Of course,
require that they meet and agree on the
rate, and the usual provision in all bills
that all acts and parts of acts in con-
f1ict herewith are hereby repealed" would
do the rest towards completely repeating
the Blanchard anti-compaet law. During
the past few days the Investigations be-
fore the legislative commission have dis
closed that rates on the average are about
s. per cent of what they were just before
the United States supreme court held the
law prohibiting board. rates to be consti-
tutional. This Is variously explained by
fire insurance men as being due to the San
Francisco losses, which have compelled in
surance companies losing there to skirmish
for new business in order to raise ready
cash and to the efforts of those not losing
to hold their own with the companies los
ing in California. Testimony given before
the commission shows that where on dwell
ing houses in Des Moines the rate was 50,
cents per $1,000 per year, the rate Is now
so and 60 cents for Ave years, though in
the business district the decline has not
been so much, though It has been sharp.
Young Philippine Veterans Here.
The young Philippine veterans are in the
city and are in charge. This afternoon at
2 O'Clock they were welcomed to the city
and state by Mayor Mattera and Governor
Cummins. Comma nder-in-chief Alfred s.
Frost OF Evanston, ILL.,, reached the city
at O'Clock this morning atid opened head
quarters In Parlor G OF the Slavery, and
after breakfast his parler-was visited by
scores General IryihgigaAle ,of Denver,
founder of the order reached the city at
noon and is also quartereao at the Slavery
Captain Charles B. Lewis of Denver pay
master general of the erder:, Captain II. A
Crow of Gainesville. Pa, vice commander;
D. II. Plum OF Fresno, Cal. and Major T.
J. Farrell of Chicago all arrived during
the afternoon. Two hundred of the rank
and file of the society wepe'ln the city by
o'clock this evening and 1t is expected
hat 800 In all will be here by tomorrow
morning. smoker was given this evening
At the Knights of PythiAs hall. There is
-alk of taking the next meeting to Kansas
City. Kansas City people are here strong
and working hard for the meeting and are
he only ones early in the field. There is
also movement on to take the meeting
.wo years from now to Manila. To do this
t will be necessary to enlist the aid of the
government to, furnish a transport free
Colonel J. C.'Loper Of the Fifty-first Iowa, |
which served in the Philippines from this
state, and which was the forerunner of the |
present Fifty-fifth regiment, is being
boosted for the position OF comma nder i'm |
,hief - - |
Cummins Organizes Committee.
At the meeting of the new republican |
tate central committee this afternoon at |
80 at the Slavery. the committee was |
organized by the Cummins men, Mccoy of |
he Second district and Estabr of the |
fifth district, voting for Frank Wood of |
1stherville. a strong Cummins man, for |
hartman Of the committee. s. s. FRANKIE |
Il the Third district. another Cummins |
nan, was elected secretary of the com
nittee e. IL,
Two Suicides I'm One Day.
There were two suicides In Des Moins |
odsy. Early this morning at about |
'clock the remains OF ]. w Brown pro- |
luce man OF this city, was found in the |
'ath room of his home with the gas let |
urned on. Mr. Brown was considered one |
4 the wealthy merchants of East Des |
doines. Since the death Of Mrs Brown |
ecently he has, acted strangely. seemingly |
Unable to recover from his grief and was I
onstantly watched by the family
Mrs. Clara Campbell, aged "a jumped |
lead first from the third story OF the |
Mercy hospital this forenoon and was |
killed on striking the pavement
below. She had been In the hospital suf- |
ering from neuralgia and was pronounced
'ured and arrangements were being made