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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 17, 1913)
5 TflE BEli; OMAHA, MONDAY, MATtCII 17, 101.1. Before deciding on your Insur ance 'phono D 125, and ask about the new low tost, ill guaranteed pol Irles. all plans. Life. Limited Payments, Kn dowments Joint or P-xt-nnrnliln. Cor- poratton and Monthly Inconve or Pen sion i-oiiries, rhe Prudential ins. Co. of America Inc as a Slock Co, by New .Tersev M. BBUCE OABFENTER, MgT. For Nebraska and South Dakota "19-aa ottr nat'i nk. mar., nmnbn Northwestern Mutual Life Insurance Company OF MILWAUKEE MANN & JUNOD General Agents 538.5-M llrnntlrls Building. OMAHA Notes from the Insurance Field CHASING THEARSOH TRUST Activities in Chicago and New York Bring Results. CONFESSIONS OF TWO FIREBUGS Equitable Life Assurance Society L U. S. Assets over $500,000,000. Paid Policy holders over $815,000,000. H. D. NEELY & CO., Managers If. I). NEELY JOE KIjI IN .Morrhnntfl Nnt'l Hank IHdR. K. II. riOKAKD Oby That Impulse! Not the man who INTKNDED but the man who INSURED left provision for his family. G. W. NOBLE, Qeneral Agent. CHARLES L. HOF7EB, Special Agent. O. HXTCHKAN, Special Agent. OFFXCE8I 638.643 Brandels Bide. Omaha. I THE Union Central Life Ins. Co, "OP CINCINNATI, OHIO HARRY O. STEEL. deneral Agent. 311-313 Bamtfe nldg. rhone D 3183 HECOBD rOB nETT-TOBEE YEARS. Received from policyholders . . '1-t,'47' Paid to policyholder iRK.r.OJ.OJj Rl Assets 148,205,861 31 Net gain to pollcj holders after payment of an rxiiennrn anu mxrN -136.795.95D.lil S10.74X.336.&! II expenses and taxeM , ... THE QERMANXA LIFE INSURANCE COMPANY Or HBW YOBK CLARENCE If. AJJBEBSOWjOanajr COMPANY Or NEW . D 430 Bee Building, Omoha, Neb. I r "State Mutual Lite" OF WORCESTER, MASS, ORE IF THE 0LBEST-69 YEARS and Best Companies on Earth. W. H. INDOE General Agent 052 Ilee Building, OMAIIA I Rooms Best Variety Tho noe cltiBsIfiod pagos carry ndvortiBoments of the best rooms and apart ment for rent In the city. Phone your ad to Tyler 1000 1,292,215.06 This was the total income of THE BANKERS RESERVE LIFE COMPANY of Omaha Inst, year. It will be greater this year. The Coinpauy is on joying phenomenal growth. BA8COM II. noniSON, Trcs. KAY C. WILSON, Sec'y. It. Ii. ROWSON, Vice Pros. W. O. P1U58TON, Trcns. December ill, 101 J Nighty Million Asset December 31, 1912. . .EIGHTY-SIX MILLIONS ASSETS TRAVELERS INSURANCE COMPANY. TOM KELLY "THE INSURANCE MAN" A. J. LOVE, President. FRANK J. HASKELL, Sec'y. Love -Haskell Company Known Kind of Insurance 314-124 Omnlin Nntfl Ilnnk Illtlg. Every Phone Dfluglnn 380. SEE UB SBrOBS IN ANY BRANCH Lit the Buyer Beware- ,S BUYING ANOTHER POLICY IN Or INSURANCE. GALLAGHER & NELSON Qeneral Affent Illinois Surety Oo, INSURANCE IN FORCE. December 31. 1906 9 050,000 December 31, 1908.. 1,453,318 December 31. 1910 3,641,084 December 31. .'9IS 4,005,503 February 28, 1913 5,033,740 OFFICERS N Z. Sncll , ... President Or H. 11. Davie, Omaha Vice Pre". A. J, Sawyer Secretary Dr. M. II1. Kvotett. .Medical Director C. It. KaNlcrdiiy Asst. Soorotary M. A. Hyde... Agency Director THE MIDWEST LIFE N. B." SNELL, President. A Nebraska Company. Borne Offlceai First National Bank Building, Lincoln. A. A. TAYLOR and OBOBOB OBOOXEB, Qeneral Areata, Booms 1313-1314 City National Bank Bnlldlnr, O ruth a. prrntlonn In the trntrnl V,-I nnd tlip Fire l.lnr from ronl to Const I1oIiik I" I" .iirnnce Field. A reduction of over Un.000.000 In flr5 nsses In January and February of this year below the losses In the first two months of 1912. to a considerable extent Is due to Jail and ball engagements mo nopolizing tho time of the "nrson trust." Business along the old Incendiary linos Is down to hardpan. Hvcry blazing trail of the dnys of firebug prosperity now points to the penitentiary. One fire Insurance adjuster, a member of tho arson trust, has been convicted and sentenced to the penitentiary In New York. Another procurer of flro for tho Insurance Is on trial. A "merchant prince" at South Bend, Ind., has been con victed of procuring tho firing of his property. Three adjusters are under under arrest In Chicago. Two leading members of the "fire torch squad" have been npprehended ami Jugged In Chicago Ith some of tho leaders and benefi ciaries forced out of buslnoss, tho volume of "mysterious fires" has diminished and flro Insurance companies can mark up as "pure velvet" large packages of premiums formerly carrying the Incen- dinry strlrm. Henry Cohen, a public Insurance ad J....... mi v.iiii.uMj. nas Deen arrested on warrants charging complicity In tho burning of two building In that city tolieti is named as a firebug promoter in mo cimresslon of Hen Fink, a firebug arrrsieu ai south Betid, Ind.. last week in addition Kink Implicates about fifty umuranco men nnd merchants In Chi cago as participants In the Incendiary operations. John Dunles, captain of tho "torch sfiuad," arrested In New York two wocks ago and brought to Chicago, gave up the secrets of the trado nnd Im plicated thirty-five Chicago men. .Niucnllii)r rirrhnu. In a confession made to the uuthorltlos at South llened, Ind.. Fink admitted hav Ing set fire to and destroyed property valued at 11,000,000. Chicago was the main field of operation, but occasionally excursions wore made Into the Interior of Illinois. Into Wisconsin. Minnesota nnd Indiana. "It Is stated officially." says tho Indianapolis News, "that rink furnished the authorities with Informa tlon which Is to bring about numerous arrests. Mis statements nro also Bald to seal tho fato of not only Knhn and Harry Hrown, a Chicago man, who was Indicted here with Fink, but Abraham Franklin and Henlamln David Rosenberg, In Fort Wayne, Ind nn.i t least two other South Bend cltlzena Fink is said to huvo Implicated "men higher up." who are to be nrresled, ac cording to the prosecutor's office, if it is found Fink's statements can be substan- naien uy more rollnblo persons. Tho be lief that South Bend was the headquar ters of the nrson gang, In tho minds of the authorities, was confirmed In full by Fink's statements. Fink explained In detail how each ono of the fires had been sturted, giving the names of all those who owned tho prop erty," those who hnd paid for the fires, uie insurance adjustments and other de tails. It was declared on authority that part of Fink's statement, which covers forty closely typewritten pages, also In volves men who are prominent In South Bend and other parts of northern In diana. Key to thr Arson Trnat. Fink, according to tho state's attorney nt Chicago, holds the key to the "arsoH trust" probo ho has had under way for months. With a complete confession from Fink the state's attorney Is confident that before his Investigation Is completed he will havo Indictments returned against all tho persons named In the confession. After Jlnk hud made his confession, 'Frank Johnson, assistant state's attor ney nt Chicago, suld; "Fink's confession Is the biggest step toward breaking up tho arson trust ot any yet tukun. it is moro vuluablo to us than tho statement of Iziy, the painter, who confessed to New York officials, becuuse of tho prominence and number of persons Involved." Harry Brown, mentioned In Fink's con fession, Is a member of a Chicago firm of Insurance udjusters. Ho has been in dieted for arson, both at Chicago and South Bend, and Is now being held In the Cook county Jail In default of 30,9UO bond. For more than ten years Insurance com panies, in connection with state officials, hud been trying to get a conviction for arson In eases where Incendiarism had been manifest, but always the proof failed, or through bribery the prosecu tions failed. The conviction of Kahn, a wealthy merchant In South Bend, Ind., was tho first telling blow struck by the authorities, and proved tho be ginning of the end for the "trust" mem bers. This, coupled with the fact that Fink's Chicago employers refused to fur nish the $10,000 ball required for his re leaso from Jail, resulted In the confession. arson syndicate had got millions of dol lars from ttu; Insurance companies Chicago authorities are considering the advisability of using Dallies and Fink as state witnesses In the prooecutlon of 'the higher ups." Meanwhile, diligent ef forts are being made to secure evidence corroborating the confessions of the fire bugs. Kentucky Rate War Compromised on a Ten Per Cent Basis The outcome of the war on fire i i- surance rates started last fall by the Kentucky Insurance board Is a compio mlse on the basis of a 10 per crnt re duction In old rates. The actuary of the board reported that It would require two or three years, and Involve th cxpendt' turo of nearly J300.000, to rente tho state under the" new schedules prepared by the Kentucky rating board. This :s avoided by utilizing the present raUn and basing the reduction on them. The figures submitted by the com panics showed nn average loss ratio In the state for 191! of fiS.95 oer cent, and on dwellings, tho class affected by tli reduction, of d.RD per cent. As the ex pense ratio In Kentucky Is higher than the noimal because of the i per cent taxes, this Involved the companies In an actual loss on tho business, and the in equity of the original reduction under those conditions was conceded. While the new plan still Involves an average reduction, compensation vvfll b. found In tho Improved conditions whli". will result In Slie way of better construc tion, flro prevention, etc., resulting from the penalization of bracket chlmneya. tho allowance of exposure charges, et If thtse changes are officially promul gated the companies will withdraw their suits to test the reasonablevess of the rates, begun some time ago In both state and federal courts. INSURANCE BILL UNFINISHED Has Been Before Senaet Latter Part of Last Week. SECTIONS 101 AND 102 DISCUSSED This nlll Provides (lint Insurnnre Conilinnles Cnnnnt Nell Policy Voles Previous to Sale of Policy. Iiidiirnnce Notes. New York City has as much life in. suranco In force as Chicago. Philadelphia. Boston, St. IajuIs and uullimore taken together. The Kansas senate has killed the state ,.., nortlon of it fe Insurunce fund. bill, regarding It as lal poruon u Imnractlcable. It provided that every citizen of tho state above tho i:e of Si, without rcKard to ago or physical con dition, should pay ro cents a month for a 11,000 death benefit. A bill Is pending In the .Missouri legls laturo Imposing a tax of 100 a year on every Insurance agent doing business In St. Iuls, covering all branches of in surance. A number of fire agents ap prove It, while the life and cusualty companies nro opposing It. The Michigan Insurance department has made demand for back taxes for ten years upon companies which havo been reinsuring the Michigan fire companies, and announces that unless sottloinent Is made suits will be begun. About elghtJ companies are understood to bo invoivca. Thn legislative committee In Missouri, appointed to Investigate fire Insurance rating conditions under the Oliver law, has recommended that the insurance ue partment bo authorized to make a re duction of 10 per cent in the rates on dwellings and 60 per cent on flreproot buildings. The North Dakota legislature passed tho Mobile bill for tho regulation of Ira. ternals. as amended at the .New Yorit iiu'pkh thn fraternals anil mlsslonerM, it being the first stato to pass the amonded bill. Wyoming has adopted amendments mK lng the bill passed Bt tho last session conform to tho New York agreement. The Impcuchment of Insurance Coni mlssloner Ballard of Oklahoma by the (From a Staff Correspondent.! I.1NCOI.N, Nob., March 16. (Special.) The code commission insurance diii, which has been before the senate dur ing the lost half of the last week, was still unfinished when the senate took a recess about 3:30 Friday afternoon until Monday morning. There are 184 sections In the bill, and the body stopped when It reached the 100th, expecting to again take up Its consideration Monday. As far as changes In the bill are con cerned there have been one, at icasi of a vital nature. Many changes nave been made, but mostly of a clerical nature. Sections upon which the Insurance lobby are now leveling thulr guns are sections 101. and 102 and the section which provides that the Insurance com panies aro prohlbted from selling policy notes until the policy has been delivcrea Section 101. provides that no deferred dlv ldend policy shall be written, except the annual dividends be apportioned each vur in ttiA nnllcles and carrcld as a liability against tho company. Mny neluln O Per Cent of Ileserves, Section 122. provides that the insur tnce companies may retain 6 per cent of their reserve or accumulations for a reserve or accumulation for a conting ency fund. The Insurance lobby insists that the insurance companies shall be permitted to retain In this fund 20 oer cent of their resrevo as nn accumulation, Tho companies aro not required to make nnv accounting of this fund and those who are for the bill Insist that 6 per cent Is sufficient. The fight on tho code commission In surance bill lias been directed agalnt which takes from the iiirin.llrtlnn of the state auditor ana places In the hands of a board tho regu lation of Insurance companies. The in surance men nre fighting this and bo Is Auditor Howard, regardless of the fact than many of his predecessors have recommended that this bo done. Not only Is Auditor Howard anxious to re tain the supervision of the Insurance business, but ho Is anxious to add more work to his department. He has pre pared numerous amendments to thvblue sky bill, which he has submitted to one of the senators. Ono of these amend ments provide that the state auditor shall have authority to enforce the pro visions of tho act. Work of House Wonderful. Forty-six days of this legislative ses sion have passed Into history and a phenomlnal record has been made, in that all ot five bills have reached the governor and have been acted on by him. 'UnasmUch as the house a least, resolved Itself into a grand Jury at Ihe beginning of tho session, and, started out Investigating everything In tho state in cluding tho state senate. It b considered remarkable that the members have had Vt B NATIONAL H W VtlHnEUTY fe PREMIUMS. December 31, 1912 ' $184,000.00 December 31, 1911 $159,973.43 December 31. 1910 $122,518.54 December 31, 1909 $103,430.44 Dccomber 31, 1908 $30,793.03 December 31, 1907 $1,776.00 Accident, Fidelity, Surety Bonds, Plate Glass, Burglary. J, fj, Mitten Go. IN-C. 021-1 Cm NATIONAL rank m.nn. Surety Rotuls, Employers' T,ln Wllty, Automobile Liability, Rurglnry, l'lnto Glass. INSURANCE TelcpSione Your Want -Ad I Tyler 1000 I Jay D. Foster 1 Joseph Barker 1 I Foster-Barker Company a i Successors to H. E. Palmer Son & Co. Accident Health Insurance LIBERAL CONTRACTS Losses adjusted by us right here in Omaha. Brandeis Bldg. Phone Doug. 29 WASTES A. YOZTSON W. I.EBOY WILCOX B. L. BALDWIN & CO. Established 1891. 809-10 Tint Kit ional QENEKAZi IN3UBANCE Telephone Dong. 371. Spend money to save money If you have anything to sell invest a small sum in Bee classified advertising. The resulting sales and their profits will prove to you Money is saved by judicious spending nresents a peculiar complication to tne nation! convention of Insurance com mlsslbners. At the Spokane meeting ast July a special meeting of tho convention legislature, upon charges inyoivij. m to tako cVcn Ilvo bjuB down to his bribery .and Immorality, toge ..e. . iro(lmv Thl. , not ,avlmti how. over, that tho bills which havo reached the governor were seriously considered, it was the Intention of the paopla when they adopted the constitution to limit the biennial scourge to sixty days, but It is probable that tho present blight will not abate before April 10 or 15. awl even this extension of time will be en tirely too short to give any kind ot con slderatlon to the many hundreds of meas ures now pending. Captain of the Torch (Jung, Charles Kurthman, deputy state's at torney at Chicago, who secured Danlos' confession nnd brought tho firebug from New York, says this captain of the gang operated from New York to Seattle. The methods of the firebugs and the amount of their earnings make laldor tolu and the other members of tho arson ring In New York look cheap. Where Bteln set fire In a closet for a few hundred dollars Insurance, it Is said the so-called Daules crowd would fire a store or fac tory and enable the owner to collect thousands. "in every town where the gang , operated." said Mr. Kurthman, "a representative looked out for likely i cases. He would go to a manufacturer j or large storekeeper, who was losing money A flro would be suggested as I an easy method of escaping bankruptcy. ) If the storekeeper followed the suggns tlon, he would lay In a big stock of 'ill most worthless goods. "Then he would give the key to the local agent of the flro gang. The worker,' who might live lu a city 1,000 miles away, would be notified, lie would i ullp Into town, get the key to the store I or factory, do the Job in an hour and I get out on the next train." . Kurthman said that if the testimony lot the informers could be believed, the .....i niiinimmn Cltv In April, nt tho Invitation of Commissioner Ua"ard. It Is probable that under these circum stances thcro may bo a change In loca tlon. WOMEN TO CONVENE HERE DURING HOUSEHOLD SHOW The Second district, Federation ot Woman's Clubs, will hold Its first annual convention In Omaha on May 5 and 6. Delegates at tho convention will be In vited to the Auditorium as guests of tho Omaha Woman's club and the liouscnoiu show management. Arrangements will bo made to have the official reception coni mltteo of tho household show, heuded by Mrs. T. L.. Combs, chairman, escort the women to tho bIiow In a body. Tho exhibitors will be requested to doc orate their booths with flowers and palms and arrange for special demon strations. The houshold show management has received word that C. B. Darwin of Des Moines, one of tho best writers and talk ers on home decoration and decorative work, will deliver two lectures one day of the show. n. W. Darner, vice president of the Federation of Nebraska Itetallers, has accepted an invitation from the Omaha household show management to como from Bethany, and give his talk on "How to Reduce the High Cost of Irving, on the opening night. Space at the Auditorium has been given to the Civic league and 800 suuare feet will be allotted to the Htato lllstori cal society for the public library exhibit and other educational displays. Qeorgo T. Morton, president of the Civic league, has been granted the use of the lecture room twice a day to show a series of views, illustrating possible Improve ments in the city. Wheeler & Welpton Co. 1611 Dodge Street. RELIABLE INSUBANCE OF ALL XZITDS Phone Douglas 183. MARTIN BROS. & CO. GENERAL, HMSHJKLAIMCE BARKER BLK. TEL. DOUG. 735 NEW OFFICERS ELECTED BY DIETZ CLUBJSJ0CKH0LDERS The stockholders of the Diets club at a recent meeting elected the following of ficers and directors: It. D. Uvans. presi dent; C. K. Hall, vice president; F. 8. Spellman, secretary; Percy B. awyiinc. treasurer; K. 1 Lafforty, Dr. F. C. I.agc, K. K. Klsenhart. A. O. Blaufuss and C. X. Tyson, directors. The new board of directors decided on a number of Improvements for the coming season. It Is the Intention ot the en tertulument committee to give regular semi-monthly dances at the club house as soon as tho weather permits. Appoint Slftlnsr Committee. Tho important events of the past week lu tho house wore the appointment of a rjftlng committee; tho action taken on university removal, the killing of the woman suffrage bill and thepassage of bill to permit saloonkeepers to sneak a saloon Into a decent part of a com munlty without the public being aware of It until It 1b In operation; the passing of the senate .Sunday base ball bill and passing the bill to abolish capital punishment. In the senate most ot the week was devoted to discussing tho bill to revise the Insurance laws of the state, intro duced by the code committee, and the recommendation of the blue sky bill In commlttco of the whole. Important Huslnem, Yrt to Come. The really Important business of the session Is yet to be attended to. Both Iiou-jo and senate havo appointed con ference committees to get together on tho question of university consolidation at the state farm or to build new build ings on the preent down-town campus. The house has forestalled any chance for a compromlso by the committee by Instructing Its committee to stand up for the kitchen workers and boardlne liouse keepers forever and a day. Tils means tha If these committees agree on program mai ine senate commuico will have to give Into the house, which Is hardly a possibility Inasmuch as the senate committee Is Interested in the welfare of the university while tht house committee Is Instructed to look iut for tho financial Interests of the boarding- houses ot Lincoln. It can readily he determined which committee will have the endorsement of tho state at arge when the final record Is made up. Beginning tomorrow tho house sifting committee takes charge of all bills on general tile. In this list Is Included the Omaha water district bill. NEW YORK INSURANCE MEN VISIT OMAHA The Korly-Yrnr 'IVI, An artlclo must have exceptional merit to survive for a period for forty years. Chamberlain's Cough Remedy was first offered to the publlo In 1S75. From a small beginning it has grown in favor and pop ularity until It has attained a world wide reputation. You will find nothing better for a cough or cold. Try it and you will understand why It Is a favorite after period of more than forty years. It not only gives relief It cures. For sale by all dealers. Advertisement Key to the Situation 1U Advertising IWBUBANCE BATES ABE LABQELV THE SAME, BUT THEBB IS A DIP TERENCE EW SERVICE BEWDEBED Sco Mo I adjust losses, Nat IVfeisfter GENERAL INSUItANCE 1313-14 CITY NATIONAL BANK BUILDING. D. 1703, BOOST FOB OttiSXA The Columbia Fire Underwriters OF OBT2SA Home Offices Entire Third Floor Merchants National Bank Bulldlnf. Phone Douglas 451. 3. O. Talmage, Manager. M. E. Lease, Assistant Manager. B A L D R I G E-MADDEN CO. GENERAL INSURANCE Pnoae Doug. 200. Bee Bnddlno C. K. Case and J. K. Hastings from the Now York office of the North British and Mercantile Insurance company were In the city Saturday consulting with the Martin Bros, cohipany. local agent, and with State Agent Wood. SUInned from lira,; io lirel was Ben Pool, Threet. Ala., when drag ged over a rough road; but Bucklen's Arnica Salve healed -all his Injuries, rso. For sale by Beaton Drug Co. Advertise. ment. The Persistent and Judicious Use ot Newspaper Advertising is the Rood to Business Success. FIllE TOKNAUO AUTOMOHIIiE PIjATE GLASS IJOlLEn UUllGLAItV HEALTH and ACCIDENT ALFRED C KENNEDY 200 First Nnt'l Hank I!ldr. Phone Douglas 722. "LION" BONDS Are worth 100 cents on the dollar. It costs you no more to cover your employes with a dependable bond than It does with a questionable one. Our Bonds are Free From Technical Phrases. Lion Bonding & Surety Co. W. O. W. Bldg. Phone Douglas 678. D. 3969 Wt W. O. W. BUM. Insurance, In All Its Branches I AT f Webster, Howard Co. I THone, Douglas 97a -I- -V- -!- 328 Bei Bid, j J