Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1919-07-11

The seven measures in the referen-
dunn election in North Dakota all pass
ed by majorities in the neighborhood
Of 10000, although there was opposition
to some Of them by leading men of the
Nonpartisan league in that state. Some
of the measures have real merit and
others may be experimental. At any
rate those that prove Of real value and
show successful operation will be taken
ND by other states. There have been
measures which few years ago people
thought generally we're impossible, yet
they were mistaken. But whether they
are successful or not, Minnesota has
nothing to lose in watching North Da-
kota do the experimenting.
According to the Insurance depart
mont Bulletin Little Falls paid in fire
insurance premiums during 1913 $780,
56476; losses were $3,95S.56. Prem
iums paid in 26 years amounts to 1888, :
3Ol32 and losses during the same time
were 1866, 036.63. Apportionment for
fire relief purposes was $7S9.3S for 1918.
During 1918 premiums paid and losses
incurred in other Morrison county vii
lagos arc as follows: Bowlus, 81 ,482 80,
$479.53; Buchanan, $96332, $1,O9O.59;
Picrz, $4,O32.43, $338.9O; Randall, ST.
1864, 1898; Royalton, $3,27567, 49,
1886; Swanville, $2,09S.03, $107.66. AS
can be seen Buchanan and Royalton
were, the only ones to collect for fire
losses more than premiums paid, all
other places making excellent showings
as regards losses. On the whole the in
surance companies got away in good
shape in Morrison county, especially in
the city.
Mainly because Of excessive capitalE-
ization the North Dakota railroad CON-
missioners by unanimous vote refused
the application of the Dakota Light,
Heat and Power company permission to
purchase companies and to issue the
amount Of securities to finance the pro-
position. The representatives Of the
companies were unable to show proper
value Of the proposed consolidated pro-
perties. Neither was the commission
favorable to allowing two different val
nations for capitalization and rate
making purposes:' Referring to the val
uations the commission says: "The
valuations arrived at by the engineer
for tho petitioner are deemed by the
commission to be unusually and unroa-
sonably excessive. The commission is
of the opinion that for purposes of cap
italization they are so obviously infat-
ed rs to raise the question of the gen
uineness of purpose of the company.
Ordinarily a purchasing company de-
sires to secure its purchases at the low
est possible fgure.'
Thousands welcomed President Will
son when he returned to American soil
at New York Tuesday, after four
months abroad, the streets being lined
along the way from the pier to Car
1egie hall, where he was given a recep-
ton. A reference by the president
to the peace conference was as follows:
eyes, the formulation of the peace is
ended, but it creates only a new task
begun. I believe<that if you will study
tho peace, you will see that it is a just
peace and peace which, if it can be
preserved, will save the world from IN
necessary bloodshed. And now the
great task is to preserve it. I have
come back with my heart full of en-
thusiasm for throwing everything that
I can by way of influence or action, in
with you to see that the peace is pre-
served, that when the long reckoning
comes, men may, look back upon this
generation of America and cay sThey
were true to the vision which they saw
at their birth. The president yes
terday afternoon addressed the senate,
and will shortly make a tour Of the
country in support of the treaty and
tho League Of Nations.