The Vinita daily chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1902-1913, 1910-07-30

To The Public:
AS candidate for the democratic
nomination to the office of insurance
commissioner, | should have liked tc
visit all sections of the state and meet
the voters personally, but this / could
not do.
| The state is large and my office
work Of such Importance to those who
have business with the insurance de
partment that could not in Justice to
them, and myself as well, get out and
make campaign. | have remained
in my Office attending to my official
duties and am trusting the voters to
show their appreciation at the polls.
/ shall depend upon those persons who
Irealize the Importance of effecting no
change in the present management to
encourage their friends at the polls
on Tuesday, August End, to look well
down the list Of democratic candidates
for insurance commissioner and vote
for Miles Lasater.
Due to the able administration of
former Commissioner McComb, whose
policies I have endeavored to make
my own, the Oklahoma insurance de-
lpartment is concededIy one of the
strongest assets of the democratic
party and of the state of Oklahoma.
No breath of scandal has ever attach
ed to this department Thousands OF
dollars are collected and accounted
for at the end of each month, total for
the current year more than $180,000.
No companies have been admitted
until most careful analysis had been
made of their financial statements, and
the policy-holders of the state have
been protected by excluding the weak
and insolvent companies, denying them
the right to transact business in this
state.
This policy is made possible by the
splendid legislation passed by the sec
ond legislature, and any attack upon
the methods applied or the policy pur-
sued by the insurance department is
but criticism of, and reflection up
on. that legislative body. The de-
partment has faithfully adhered to and
enforced, the laws enacted by that leg
islature, and is in hearty accord with
the same.
The aim of the. department has been
to anticipate and prevent failures. and
consequent loss of policy-holders. The
laws are designed for the protection
of the assured, and the only excuse for
the existence of this department is
that it shall conserve the interests Of
the insuring public. This duty has
been performed without bravado, or
heralding of trumpets.
Equal and exact justice, as nearly
as such is possible. has been dealt
out to the companies, holding always
in roind strict compliance with the
laws of the state governing such cor
porations No more can be done by
any person aspiring 70 this office. and
the promises to the contrary are with
out any basis in fact and can be re-
duced to no more than theory
Extrayagant promises to bring
about reduction in rates. and bust.
ing trusts" are pure political bnn-
combe, made for the purpose of de-
ceiving voters.
Rates can be reduced, and viii be
reduced, by the application OF sound
and sane legislation. This
is matter for the legislature ami viii
no doubt receive attention at it's hands
as speedily as is possible and to that
end will have the hearty cooperation
Of the insurance department. under
any administration, and especially nn.
Ter the present one.
Busting trusts is a matter wholly
outside of the jurisdiction Of the in. |
commissioner. He can do no
more than any private citizen, and
hat is to furnish evidence to the at
orney general, II any he has; and |
.hese ewould-bee insurance commits
iioners and trust busters are re-