The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1916-03-18

"a to pStmit th4 ceWpAniss To r.turp.
He said thas the people are not yet
Iaroused." but that they viii soon be-
SIN to ask questions Of those responsi-
bls for the enactmsnt Of the law. He
also pointed out the loss Of State and
municipal fsvsnue. s y
J. ID. Evans Of ElerAnce said that
IN couRt,il meeting information, had
been given that . 80. 900 loar. had
been withdrawn; No also cited other
smaller Instances. all resulting from
tho withdrawal of the oompanisI He
believed that the people oi Tlo,snce
are In doubt as to the course 10 be
pursued hut felt that the crisia has net
yet been reached. Mr.. Evans sug-
}ssssed th, circulation OF petitions for
an extra session if the sentiment Of
the state warranted II. -
York 'sounty. favors the abolition
Of the 8. z. u. A.. but less strin-
sent law" said w. b. Moore, who
said that he thought sreat deal of
the prescott satustion 10 stage fright"
land that lss, ,hiasslf had no fears, He
did not want an 'sxtre session Of the
legislature called but wanted to see
. liberal Interpretation Of tina law.
| George H. Edwards Of Darlington
poanted ont that the large. risks and
special interests would have little
trouble In getting insurance but that
the small insurers would feel the ef-
feet Of thu Law most He called at
tsntion to the building and loan as
sociations. before whom q small In
surer can only place his moral char
acter. his brain and Drawn. a COL
lateral. He was applauded a. he
touched on the ways the law affect-
ed the small insurer who owns a
small home. '-rhs mutuals can not
handle one-hundredth Of the insur-
Iance," he declared: that view IL
visionary" Mr.. Edwards said that
the meeting would show the senti-
msnt Of tho business interests.
Charles u. Hearon OF spartanbury,
editor Of the Spartanburs Herald.
aid that the directors OF his Chsm-
bsr Of Commerce had taken no ac.
ton. frst wanting Eight" "Thsre 10
= division ,f sentiment" he dech.r-
81. and there are two sides." lHe
told oe the many wsws heard by
nswspAper men. He also said that
mutual companies could not handle
the business ana that the experience
w$th suoh companies IN spertanburE
county had been unsatisfactory.
y. d. 6laght Of Hartsvills said that
10 felt number Of people are
pleased with the abolition Of the
q y. y. A. He suggested the ap-
po,1tmeptf ef committes TO confer
with the companies.
Joel g. 1lorss OF Abbsviiie soid
that his section 10 awakening ard
AROUSED" III the companies cancsi
thsis risks the tawp Of Abbsville viii
Be hankrupt" said Mr.. Morse. who
pointed out that three agencies he
knew Of had hem put out Of business.
He said that Ais building ana loan
association would have to 60 out OF
business II Il could get no insurance.
Legare Walker Of summerville, an
attorney. spoke OF the farmer. who
always suffers when the legislature
goes wild on some scheme" He said
that this meeting is somewhat prema.
eure and pre.ltcted that when the
measure touched the Sarmor no sue.
ceeding lesiNt Would, enact such
drastic lsgh
What are l6 aI.es Of land and
several buildings without Insurance
WORTH" Mr.. Walker asked. as he
told Of his experience In refusing a
loan, OF $4,000. \,
| III those insurance companies
thought they could continue business
they would not have withdrawn" nc
sspsrtsd. 1T speaks we'll for the In
tslligence Of the state that no appli-
cations have been made by South
carolinians TO form companies. The
old line companies have lost money
and II stands to reason that we people
can not make money"
Il do not think that Mr.. McMsster
and the governor should attempt to
construe the law; the courts are here
for that purpose.
Mr.. Walker said that the agents.
commissions from those companies
that have already Withdrawn amount
to 100000 q year.
Unless something Is done fhe