The evening world., 1910-12-05

policy holders.
the people Of this city Is growing
heavier each year. with It's powerful
machinery under perfect control and
competition eliminated. the monopoly.
during the past ten years. has kept
boosting rates until to-day It collects
more than twice as much in premiums
a. Il did at the beginning OF that
period.
These increased rates have been
forced upon the people in spite OF the
fact that the growing efficiency OF the
fire department and the rapid develop
msnt In FIRE proof construction have
greatly lowered the ratio Of fire losses.
Two Big Advances.
II Is impossible to compute definitely
surance rates, because OF the compl!-
Gated system employed by the trust to
conceal the real facts even from such
an inquisltoriai body as a legislative
committee.
The records of the New York Fire
Insurance Exchange. however. show ut
least two big advances. one OF %
per cent. on factories. hotels and other
risks OF those classes was voted March
~. 1902. and another ranging from 10
10 q per cent wa voted following the
san Francisco disaster. though the
companies have completely recovered
from the losses sustained nj San Fran
cisco the increase made at that line
has never been taken on. and the trust
IL stiii prohting by II.
While every effort Is made by the
trust 10 hide the evidence OF its enor-
nous pronts. the Evening World Is In
formed that during the past year the
premiums collected In this city aggrc-
gated about SCI. 0o0. 900. The annual re.
port Of the FIRE department for that
year shows that the total fire loss was
only S7.i3l.6s Nearly half a million OF
this loss was uninsured. and conceding
that the companies paid the full amount
of the insured loss. which Is not prob
able. they could not possibly have been
u allied Upon to return to tho policy
holders more than 100000 OF the ss'.-
10000 said to have been collected.
II will be illuminating II tho leglsta-
tive committee can learn how much OF
the $50. OO0, 600 went for expenses and how
,,,,.h vo, nr.o,
49,, go. ,.,,,, 49,,
~" ''s'"S w" Se'
The scientific extortion OF the hre IN
surance trust Is conducted through tho
agency Of the New York Fire Insurance
Exchange. an elaborate organization
which works secretly but surely to pile
on all the toll the traffic will bear"
The Exchange mas established a sys-
TEN OF individual rating oeh'nd when
n.,.a .ha, ,,.r. : ,roro ,h,, ooo 0oo
.o.c,c, r.,.. ,o- ,,d,y,d,ai r,.v. In NAN
~. c,,,,
1h. NJ, vor, rt-o I,.,r,o nv.
go. g. h.,,. -, ~, 90, yv,,,,, =,
s,r.. uar,. N no,. g.. a.. nrssor,
-.-. Al $50 Iotnr
,,,.,,o.. u,,,.,n ~ ,,a,rnna,,,, al.
.r,.. : aam 49, rxoh,nra
"a 49,, 80. -, A.. a.. -. ~.
ah..,,,...,a
80 h.. etc., pon,rao, - -
- ,,. ra,ss AL hy ,he rxchorse "a
,,,.rs ,s No annoa, ,ror ,,ose r,,os
T. 4. .a,dom ,ho, a norn,,, ,Ioi,,os
a.. r,,r, moso M, ,ho rxch,r,o
=, ,ha ,ustvo yo.rs ,,o, tho ,r,,,L
1,,,on has hoe, in ,or,a ,he-o h,vo h.en
ore ar two y,o,at,ons .,he ,-rn,sh,non,
AZ sevare Tha onensing cor,anv 4.
summoned before the arbltratlon com,
m,ttee ana fined ana the partIcular bust.
ness taken away from il for a pe-,od
OF wears. There Is said 70 be one In.
stance I'm which n fine OF 81. 900 and IN,
loss of a large amount Of business was
the enalty fixed.
cor,roIs All t,. erok.r.