The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1919-04-17
BUILDING IF NEW RESERVOIR
WILL No CHANGE INSURANCE
EDMUND C. WHITEHEAD, WE'LL
KNOWN INSURANCE MAN, SAYS
THAT RATES WILL NoT BE
ALTERED.
MAKES INTERESTING STATEMENT
RELATIVE TO TIE RATES AND
THE WawE QUESTION.
FALSE STATEMENTS ARE EXPOSED
-wHEELrNGS CLASSHTCA-
TON DEPENDS UroN VARIOUS
FACTORS.

Charging, that certain features or The
proposed filtrat ion bond issue are being
grossly misrrprrs"nted. Mr.. Edmund {.
Whitehead. we'll kn1wn insurance man.
submits an interesting letter 10 the In
tellircnccr The writer shows beyond
doubt that the statement made that the
construction Of Il now reservoir would
lower insurance rates. IS utterly rASe
and without foundation and the state
tuent that rates will be rnised unless we
have new reservoir are also without
foundation Insurance rates. OK
planned Mr.. Whitehead. are fixed by III"
Sellers Rating bureau. Its figures ar"
not mandatory. but only advisory. Dull
they are almost invariably accepted by
the companies Neither tn" nati"nai or
local insurance boards hav" anything 10
do with the fixing OF thrs" rates.
Wheeling III the present time ~ IN
class three and 10 change her int" an
other class would almost rruulr" rcN"-
lutionary changes AID 4 very heavy loss
There arc in fact 50 many rhahEcH '"-
tering into the change in CLASSIFICATION
that il is useless for Wheeling To eH-
poet any change either one way ar the
other bv building or not building TN"
reservoir. The letter is as follows and
should be read by all:
Wheeling. April Is, 1919.
Editor Intelligenccr. City:
Dear Sir:
In Yesterday mornings Register. page
ten, was half pag" advertisement
headed The House and Hermann Ere
and The Proposed New City Reservoir
The last paragraph Of this ad READS as
follows:
"Tbe present reservoir holds only ak
hours supply and the fro insurance un-
derwriters are demanding storage res
eryoir which If not supplied Will forcH
them to raise the insurance rates 10
point where business men cannot ai1oru
to pay them. Teh estimated cost OF TINS
Is s3GS, 100000 and it must be built
whether the bond issue carries or not. so
il was Incorporated into tho bond issue
AS an insurance man and one ac-
ouaintcd with the facts. and for the
purpose OF throwing az much light as
possible on this subject TO people VINO
are not demanding any new Storag" res
ervoir. the facts are hereby given AS
follows: The statement above that inc
insurance rates will be raised is ahso-
luteIy incorrect and tho person making
this statement either lied or did not
know whereof he spoke. wheeling 10
day enjoys fire classification OF NO. D.
and 1t would be almost Impossible Tor
the city to better its claSsllIcat'oi W
No. .. The fire insurance underwriters
arc not demanding any new storage res,
eryoir. 1t Is true that the national
b6arl did recommend n storage reservoir
hut II the storage reservoir is put into
effect Il will not decrease the rates IN
the CITY one cent and if II is not pull
into effect it will not raise the rates IN
the city one cent.
T regret if il is necessary for the sup
portrrs of the new reservoir 1" resort 10
such tactics as above in order to de-
ccivc voters and force them TO vote on
transformation.
Yours very truly.
EDMUND c. WHITEHEAD.