The ranch. [volume] (Seattle, Wash.) 1902-1914, 1910-08-15
High Cost ofLiving
Too Many Profits Between the
Producer and Consumer.


ing is now confronting all classes ex-
cept the capitalist. The only remedy
is to bring the producer and consumer
closer together and thus eliminate
some of the profits which the consum-
er is now compelled to pay. This will
compel some OF the middle men, who
now live at the expense Of the con-
sumer, to become producers them
selves and thus will the supply be in
creased.
Not only does this principle apply
to food products but to every pur-
chase made by the householder.
Take for example the matter of fire
insurance, which every householder
must have for his household goods
if nothing more. The householder
who buys an insurance policy on his
home has been compelled to pay his
proportion not only Of the princely
salaries of the officers, head Office ex-
renses and handsome profit to the
stockholders, but has also been COM
PEELED to pay larger profits and extra
VACANT expenses to the general agent,
special agent and local agent. thus by
the time policy on his dwelling or
household goods reaches him about
half Of bis premium has already been
consumed in the expense of securing
his business.
WHAT ONE ORGANIZATION HAS
DONE
One organization composed of about
25, 900 property owners has successful
ly overcome these extravagant meth
DDS and abuse by bringing the com
pany and the policy holders together
and thus consolidating their interests.
The results have been beyond the ex-
pectations of the most sanguine.
This organization instead of eXacting
the premium of from three to five
years in advance collects the pre-
MUM for one year at time
and for years it has been returning Do
per cent Of this premium to the poll
cy holder at the end of each year.
The organization has enirely over
come the sual objections found with
other organizations of similar class,
which has been the liability which the
policy holder assumed to assessment.
Three years ago the association found
that the cash already accumulated
after returning these large dividends
was already more than three times the
amount necessary to carry all policies
to expiration as based on past ex-
perience, which is about the same
PROF ortion of assets as that held by
the larger stock companies which
have proportionately a much larger
conf1agratlon hazard. 1t was then de-
termined to make all policies non-as-
sessable the same as the large mutual
life companies had already done.
Since that time the association has
made all it's policies non assessable
and has continued to pay its 90 per
cent cash dividend and it's cash re.
sources have increased to more than
Ave times the necessary amount to
carry policies to expiration. These
, dividends of 55 per cent on premiums
are paid direct to the policy holder
who pays the premium.
This organization, with headquarters
at Seattle and doing business under
it's corporate name, Nor thwestern
Mutual Fire Association, has already
saved it's policy holders nearly mil
lion dollars and has esta blished
phenomenal record for prompt and
equitable settlement of losses, having
paid over 400 losses in an average
time of only three days after the
receipt of proof.
Every householder whose property
is acceptable will be wise to take ad-
vantage of this organization, which
has the endorsement OF all the leading
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