The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1921-11-11
PROPERTY BURNED
IS PROPERTY Lost
Fire Insurance Replaces, But The
Money Paid BY Insurance
Companies Is Not Created"


Prevention Campaign workers,
whose slogan during the ten days
beginning October | will be, Stop
a Fire Before it Startsw During
the campaign every citizen Of
Maryland is to be asked 10 do all
he can to prevent fires in private
homes, farm buildings and manu
featuring plants, By using care and
commonsense. Says Ira g. Hoag
land, nationally known as fire pre-.
yentiou engineer
Fire is both a boon and a bane.
Uncontrolled, Il blights, burns, con
sunes, destroys, dcvastatcs, wreaks
havoc, incincraics, kills and mains,
and generally lays waste 10 the crca-
tons Of nature aud man
The des,ructiycucs Of fire, the
economic devastation OF it, is gem
orally thought Of in terms 81 the
material damage wrought, the value
Of buildings burned. contents con
sumcd. property destroyed
Fundamentally, tic value Of hui
man life is economic. but the con-
current destruction Of it BY fire IS
little thought of IN that sense il
is felt as personal bereavement not
rs society benefit Of creative intel
LICENCES and producers Of wealth
And littlc thought is given be
forchand 20 the economic havoc
wrought by fire IN business and in.
dustry; 20 the thousand and one
things in the aftermath Of ? FIRE
which rs The suiis 81 men,
Il IS fondly imagined. Tor the
most part, that the insurance
against loss BY FIRE on DE building.
Of commerce and industry and their
contents OF merchandise and MAJ
,crial,, raw. wrought and in proc
css Of manufacture. wIll be full
and complete rcconpcnse for loss
by fire.
II au insured to the limit a
Gre won't cost me a cent The in
turaucc companies will suffer. nor
me r IS thc familiar chatter Of hon
esi bu, unihinking We are
u0i considering the uncomfortable
Kind that make mWry mn Of fires
and flourish Ike the provcrhial
green bay tree because Of rotten
politics.
OF course The insurance com
panies will pay for the losses 70
buildings. equipments. merchandise.
and what not IN the was Of MA
tcrial thing and, sometimes TO in
come and profits
And the insurance companies
while paving do not pay; the pub
IL pays the price The insurance
companies only collect and dis
tribute money for indemnify They
~ no, suffer and arc not expected
90.
Brit who pays for the losses
which are the inevitable cmsc.
qucnce Of the destruction Of build
inps. their contents and other things
material; the impairment Of pres
iigc. the interruption 81 business.
enterprise, contrac,ual relations,
dismcmberment Of organization and
what not elscI
A burned building Is far more
easily replaced than a burned bust
ness: and a wrecked works than
an incineraicd industrial enterprise
That which makes business and
industry arc moi buildings. mer-
Chandise. machinery and what else.
but tile organization OF human intel
ligcnce
A fire burns Business building,
or factory. These and their con-
tents may be replaced But far too
often the business and the indus
try, as such, are burned beyond re-
pair And il not that bad the scars
are deep and unforget,able
Ask any honest man whose soul
has been scared BY fire.
There is not any insurance for
the human distress, economic and
otherwise. tshat follows a fire.
Ii has been estimated that the nm
insurable losses from fire equal the
insurable losses. In other words,
for every dollar OF loss in property
burned. which is insurahle. there is
a dollar OF loss in business burned
or industry incinerated, which is not
insurable.
These uninsurable losses are of
ten referred to as interruption
losses.
Wfb may suffer then, with inn
punits?
And for those who do, the future
will deal with much more harshly
thar has the past.
There will be in the immediate
future fullsome renaissance az
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