The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1914-01-07
TAYLOR TO AGAIN
Be A CANDIDATE
Insurance Cor1rniss sioner will.
~ q.
!; Seek IS Succeed Him
self in Office.

|. Walter c.. Taylor, present insurance
commissioner for the state, will be a
candidate for reelection. For some
time Mr.. Taylor has been looked up
on, as a possible gubernatorial candi-
date, and the announcement that he
will seek to succeed himself clears the
political atmosphere of another un-
certainty.
Busy Months Ahead.
Discussing the work of the insur-
ance department, Mr.. Taylor says:
Our department will be exceeding
ly busy during the next four or five
months" said the commissioner, "re-
ceiving and checking the annual
statements of insurance companies
doing business in this state, preparing
ATTRACTS for publication in the news
papers, issuing licenses. etc. We will
also turn into the state treasury dur
ing that period in the neighborhood
Of $l50,000. covering fees and taxes. .
No Expense Incurred.
Mr.. Taylor declined to comment up
on the decision recently handed down
by the supreme court declaring the
state bonding law invalid. 1.-THE only
thing that has appeared in the press
in that connection to which I object
he said, was the statement that I had
had printed a full complement of sup
plies for the proposed department, in
cluding records, policy forms. appli-
cation blanks, stationery, etc. This is
gross error. No supplies Of any sort
had been printed nor any expense
whatever incurred"
The commissioner expressed the
opinion that the whole subject or in
surance rates would be gone into ex-
tensively by the next Legislature.
There 10 no reason to suppose that
the people of this state will be de-
tered by the adverse decision of the
supreme court in tho bonding case"
he stated. "On the contrary imagine
that decision will only serve to give
zest to the inquiry. Remedial legis-
lation, IL it Is determined that any is
needed, would likely take form in the
creation Of commission authorized
to investigate the subject Of rates; to
hold public hearings, receive COM
plants and issue suitable orders II
rates were found excessive or discrim-
tnatory. OF course the findings and
orders Of such a board or commission
would be subject to review an amend
tdiction. Such a law 10 now In effect in
several states, and seems to work
we'll. BY this means the public is in
formed as to whether or not rates are
excessive. doubt and suspicion are al
layed. and Justice II done to all con.
cerned.'
Hail Law Different.
Referring to the, suggestion that the
state hail insurance law might be de-
clared to be unconstitutional on the
same set Of pleadings upon which the
state bonding law was invalidated.
Commissioner Taylor said that he did
not consider the cases Identical by.
any means. However, =, he added, Il
should be glad TO have the matter put
to the test. It II absurd to suppose
that sovereign stAte cannot engage
In the insurance business if It wants
to. II necessary We can do ~ - now
being done In Wisconsin. where the
state constitution q being amended
80 as to speciflcally u authorize the
state to engage in; all Glasses of the
insurance business Whether such q
departure 10 wise or practicable 10 an
other matter. But 4 can be esdone."
Il i