The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1936-05-08

and trickery and t eaSst By hypo,s>
tlon' had maintains s fio orgsSi'.
rates so high and nd : 1Te inlrss..
=; mao oS du ped the people IL eGng that /
lion dollars: YOUNG SSS o. S aiSSut o @5.
70 attack this hoaSrvp I5Il ae resoSS
old, syndicate siSra headed sEsI
pO5 $50. some strong COME ae ID.
school % and city i INSURANCE county,
On Go;,1 the right track, pu5 ii HgS
service. u a fine BUM.
yea Years s ago. For 50 y tse,a' the
surance agents, fa S1 s50T F,ts.a S
sons, knights of CoiuSm6Snloe e 1.
RIOtarians, Chamber l Of Gus h
in a little highjacking - Y years a
Lhe e! acting with the P S@ s2S y St'a
Of Fire Underwriters v ~"iS BOaS
the State about $500 J 0S :: :Aala
surance when a fair '''Vv lor .,
gauged by what the AndpaIalCs' u
Montana Power cOmpsnio Unaa o
paying was about S2S.0O06SS S ss
Ter attacked this old , STssv Alt
competitive bid. The oId tn wls
monopoly clique had beVUTo t !. Vs
quite bad. In 1928 a bunch y
IN the Legislature had tri. y y
wreck the state fire ire io o,So .
racket by simply making I sOS,.
priations into a fund and s cs5s.
ing all state fire insurance ''
Our bill had been badIv b.,,..
but l advised Miller to ebes S' 5.5
and see how much the STATE sI v T11
have saved if the plan bsd T ".
adopted in 1923. To INV GvD S Y.
prise, he reported that tbs Io ~
by fire had been about seven ' tSm,
sand dollars. The premiums D'9
by the state, with interest Al 1 ~
cent for the period, reached Ann
one-half million dollars. He an
good in working up these firrw
and showing up the sppsDhv
swindle being handed the stss h
the insurance recketeers, workr
through the Pacific Board Of nm
Underwriters. Public opinion an
ported him in his endeavorS b
force state fire insurance to con-
petitive bidding. Enlightened vub
lie opinion went further. The E
islature went far toward remsdp
ing the evil. In 1885 It enactei
law which if sustained at the peh
in November will gradually Vat
the foreign companies out Of Ih
business of writing fire insurns
on public property in Montana an
build up a fund wherein will bh
sured state, county, city and S.AN
District property. This law ShGi
be ratified bv the voters II NJ
vember.
While Miller's work along t4
lines has been beneficial HoD@
ever suspected Miller Of peg
actuated by any motives a
his profit. But for his work W.
did result in public adyanosl
many were glad to see nm
cure for his Pearl Insurance Y
pany of London (even tholg
was foreign) the state CONF
and see him make his prOtilit y W
lowest bid. During all tfiS
Holmes, state auditor and z
surance man, bitterly Oppose
efforts of Charles Miller aia
Western Progressive (tnsn w
bv Lewis Penwelll to n0"y
ward to state insurance ~
Politics makes strange 2! !.
lows Insurance Of itself Hh
nature Of a racket, 8 glnSs
the untUtored outsider sgl
valuation of risks, based \
work Of careful mathsIlI-, 4
s TT1H 10 millions Of sctu'I, \.
The The public rN1f IS as sure e (. !, v
the he long run as a lottery !. Y
| its commissions. Any nun Ii1..l q
in the insurance D9 !sas
enough, develops the ls,S lo'i
is entitled to sometime ll.sDs r.
inc. The minute irsulIL = u
think there is more ore I y
than by fighting-,tlee. g .1l
they unite. H0lnFs or ITbt
aGe '4 ! cannot tie tell ys5
there there is is s0 6nbl Ril NAV y q =.
| After I.f11g. . three years .s ESu.
/ Holmes by Miller, .so~rsSiTs
Wells Western HalGs
soon as it becomes n,.t;,ls sp
gressive, a long long 1 65rraising