The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1922-02-03

nue. Agent, and, to some extent, they succeeded.
Out of the suits and the "catch the Revenue Agent" cry has
come a sentiment to either discontinue the office of that official
or to put him OF a salary under the idea that he is making too
much money, some say five thousand a year, some say ten
thousand and others place it even higher. We do not know what
salary he has been making, but we DO KNOW that we have
paid no back taxes nor has the law under which he is operatinq
disturbed our little business. But regardless of what salary he
has been making, it must not be fOrgOten-it is a matter of court
record, and an admitted fact,-that Mr.. A. A. WeiIe, of Vicks-
burg, and his Rating Bureau, received a commission of $40
P MsS GsH' ON all nt 5nG nt tbn ens III 1o2P premiums 4he TsN written ten eaSh year in
yet avai!able-there were over seven million dollars in prem
pulled down the nifty sum of over $4,000, all of which any
sensible person knows was added to the cost of fire insurance
premiums. This one years rake off would take care of a Reve-
nue. Agent for several years.
OF course this Rating Bureau wants this little $780, 600 bust
ness to continue, but the fact that it and the fleeing insurance
companies have put out most subtle propaganda, should ad-
monish the people of the State and the Legislature that they
Who is it that has been beating the drums and sounding the
racket about the suit "driving capital out Of the State and de
handing a change in the laws that have been on the statute
books of the State for twenty-five years?
We cannot believe that any one who knows anything about
this time upset the law and hamstring the suit now pending be
fore the State supreme Court. Is it reasonable to suppose that
and while going subt!y left the impression that ",writing fire in
surance in Mississippi is a losing business would want to come
back unless it was money to them to come back?
Who is it in Mississippi who cannot get his property insured
in some stable fir. Insurance company? Not the people in these
a violation Of law while the Rating Bureau was taking enormous
The Globe & Rutgers are seuia. policies al. eyer The State,
this company started in 1899 on a capital Of 100000 since
which time it has paid in dividends about 100000 and put by
a surplus OF about Sll,0oooo0' and, IN passing IL nIght De wen
to observe that this company made a part OF that huge pfoHt
here in Mississippi. But il it has ever loaned q dollar to a
farmer. banker. merchant or other business man of the State. we
never heard Of it. What It got it took out of the State.
If the Supreme Court reverses the lower court in the suit
by the Revenue Agent, then the fleeing companies Will be
satisfied and no new law, according to their standard. Will be
needed. 1t will be Just where these aforesaid companies want
it. Thus it seems to Us to be the wise thing to wait on the action
of the States highest court.
In the foregoing as to the concert of action by the fleeing
fire insurance companies. we are supported by many. things and
among them we cite the following telegram which 5 a copy OF
those sent out to every agency in Mississippi which had been
these fleeing companies:
"HartfOrd, Conn. Jan. Z, 1922.