Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-06-01
We'll Known Salt Laker Expresses
Some Novel Ideas on
The Subject.
REVIEWS CONDITIONS IN UTAH
ue IHirms That This is an Opportunc
Time on Account of the Heavy
crop Prospects

desire to express a few thoughts
m insurance of bread for term, say
4. or years. not to exceed fve
,.asrs. Some reasons for the thoughts
rsr, indited are that few years ago
read in a Nebraska paper that corn
was nj the harvest 10 cents per bushel
and before the next harvest that great
suffering existed for corn to subsist
on in fact, some poor people were
en- the border of starvation. Although
I believe this condition was q little eX-
aggerated. great suffering could easily
rise and has arisen in East india, ia
nan China and other places for want
1f a little care in the line of sugges-
lions. / win make In this article giving
various ways OF escaping such condi-
lions. In Nebraska Sl,50 worth of
corn to each Individual would have
been ample food for one year, say $3.50
for 1--WE years, plus the care Of SAID
provisions.
Dropping the foregoing line Of
thoughts. ] will come to local condi-
TONS for this intermountain region
country. say Nevada Idaho, Wyoming
aud Utah. would like TO see this
Insurance of bread taken up by the
Mormons, whose early policy, as ] UNI
d,rstand the Prophet Joseph Smith.
OF scarcity by laying up bread stuffs,
/ do not believe that this can he bet
7er done than by their Church having
"a supervision at least of the bread in
suranCO associations, ana that IT u
now the oppOrtune time to organize,
II may be under the charge direct of
some OF the auxiliary associations OF
the Church, say Young Mems or Young
Ladies. or both. AS q fundamental
principle, viii say they should be paid
Tor whatever any of their members
may do salaries on business princl-
pies perhaps on percentage basis Tor
n wear or two. until they know what
nav be required to be done. There
should be "A general head office IN
charge of all the business, and branch
Offices IN all sections that desire 20
enlist in the cause, The duties or the
officers should consist say in ipsuring
Gny Individual for one, TWO, three four
or five years bread TO the amount of
say Is hupshels Of wheat or probably
GOO pounds of flour, as the estimated
quantity for each year.
oPPoRTUNE TIME,
one reason that this is an opportune
time TO commence this business IL the
probable successful raising Of wheat
this year: from the abundance of snow.
the improving dry farm methods of
cultivation as indicated in the vicinity
Of Nephi and proposed farming al Ce~
dar valley and other places, indicating
that wheat can be raised for lower
than 80 cents per bushel In those Sec
tions and probably in any of the states
named. / claim the insurance VIII be
cheap with wheat 80 TO 100 per cent
higher even. The rate though of in
surance should he based on the value
Of wheat at the time OF insurance, and
prices might be established for as con-
Venient, say monthly at the locations
where insured. which may be In San
pete, Cache valley or any other por-
ton of named states. 1t might be
cheaper in one section one year and
some other place the next year, all
which could be adjusted by charging
say in Cache valley for illustration:
Is bushels wheat insured Mrs. Jones
40 for shrinkage. 75c.
for year ending 1908, December, $3.50.
Elevator charges
Extra charges ON same for 1909, .
years.
More extra charges for 1910, 3 years.
More extra charges for 1911, years.
More extra charges for 1912, years.
SYSTEM OF ELEVATORS.
The extent Of five years Insurance,
which is AS long as we propose to in
sure. at least until we demonstrate by
a year or two's experience that is in all
ways to be likely that we can do, but
this insurance Is intended to be kept
live years ahead of the current year.
Tho people are insured in this way, II
we have not needed to take our bread
Insurance for 1908, say we pass the In
surance over a year later to the year
1913; II necessary to make out insur-
ance the full five years insured paying
necessary additional fees, to do so, To
carry out these plans there would he
..t.,,
needs of the insured in fact, there
would be sufficient elevators in each
settlement for the care of the bread for
five years, TO feed all the people if they
win only do their part by insuring.
An the elevators are united To each
other SO that ii one Is injured by fire or
otherwise, II is insured against loss by
the combination of others standing the
loss in n proper ratio. There may he
a friendly or actual alliance with the
-four mills. so that new wheat when II
comes In at favorable harvest can he
stored and the older used for the cur-
rent demands OF the market, After
paying all the salaries and other eN-
penscs. the insurers might have an in
tcrost IN the profits.
BIG PROFITS.
Tho profits for FIVE years are likely,
IN my Judgment. to he very large,
Tor which opinion ! offer q few rea-
SONS to be considered tho wheat can
ho Kept IN better condition and cheap
cl than tho farmer who raised II can
Gre for It, and IL can be graded so
mat II Will be known exactly the
quality II VIII be The grade OF Hour
is dcslEnatad MS straight giude. The
OFFICERS arc under heavy bonds con-
trolling the business against loss 10 the
Insured by laws. The insurance
ia 20 be non-transforrable except by
death and then 10 the surviving hus-
band on wife, unless already Insured
IN which case by Viii or to lawful
heirs If no win is made. Associations
may, under ample bonds, whore the
harvest Is assured. dispose Of their
wheat for profitable prices ana rem
elevators with newer wheat. Bonds
may be 800 per cent more Than the
prices they sell The older wheat at
j. insurers join in said enterprise, so
as TO share the profits fairly they
must share the hond's liability 10 the
cNtent al least Of the insurance thoy
nave II is not Intended 10 ~" this
wheat, II possible To do without, OK
ctpt in dire necessity for sickness,
restitution, famine or other like
cruises. The association may make
rules for installment delivery say
Jan /, April l, July I, oct, / Of each
year, because perhaps OF economies
IN transportation and ether reasons
ana delivery shall not be oftcnor than
three months and not more In guam
tlly than for three months. II being
naNE tn. Ia 10.