The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1921-05-07
WOOL AND STRIKE
INSURANCE

WASHINGTON. May 5--"Inereas-
Ing interest exhibited by private lnsur
ance in writing Of strike insurance |
has aroused the labor chieftains OF !
Washington" remarks the Republi-
! can Publicity association in state
ment issued by the president OF THAI
Organization. Hon Jonathan Bourne
Jr. And it continues: Their appre.
hension has caused them to issue a
threat that unless there is legislation
TO stop the practice of issuing strike
insurance policies, labor will with
draw its patronage from private com
Ipanies and urge that the state as
sumo control of insurance. Mr.. Mat
thew Vol, the vice president OF the
American Federation of Labor, and
Mr.. Gompers' right hand man un-
Idertakes to give the reasons for the
deposition OF the lsbor leaders to
the new form of insurance.
strike insurance will encourage
STRIKES" declares Mr.. Vol. When
an employer is insured against
strikes he certainly will not be In
clined to go far in making conces-
sions to his employees however just
their demands may be. It would be
to the interest of companies selling
strike insurance to foment labor
troubles in order to stampede en-
ployers into taking out strike insur-
ance'
Strike insurance is comparative
ly new venture in the field OF risk
consequently there are few data up
on which n Judgment of its effect
can be based but there appears to be
little ground for Mr.. VOLTS appre-
hension. An employer would have
no more desire for strikes to his in
dustry if he were insured than he
would like to see his factory burn
, down If he carried fire insurance.
NOR does a man seek death merely
because his life is insured. The real
effect of strike insurance Is to intro
duce a new element into the indus
\ trial world that seeks to promote
4 friendly relations between employer
4 andemployee.
Precisely the same influence is at
; work in the fire insurance and life
insurance fields. Fire insurance COM
panlcs are constantly doing every
thing in their power to reduce fire
risks. They encourage the installa-
H ton of efficient fire protection deyic-
+ es. automatic alarms. sprinkler sys-
i tens, etc, and maintain salvage
\ corps whose business 1t is to rush to
81 the scene of fire and protect proper
a ty from the effects of fire and water
n The big life insurance companies
& contribute in every effective way Ia
4 the Improvement of the public health
well knowing that a reduction OF the
sickness and death rates means ad
ded profits to them.
n 1T is ridiculous TO assert that
B strike insurance companies are go
4 ing to foment labor troubles in or
der to stampede employers into TAX
u ing out strike insurance. It wonlC
be as reasonable to Suppose that fIr,
insurance and life insurance com
y panies are going to promote conflag
y rations by advocating lax inspection
laws and in other ways short OF &C
tut incendiarism, or are going to Ell
ii courage accumulations OF filth an
the pollution of water supplies 4
order to produce destructive epideuI
q les.
THE whole history of insurance
n no matter what form 1t may tax,
e has been one OF prevention OF tn
a thing against which the insurance
& directed. or course the prime pul
D pose of taking out any form of II
D surance is to provide compensate