Show The Cost of I IThe Fire Insurance A recent editorial in an eastern newspaper stated that the cost of everything ever thing from rom popcorn to lo locomotives lo- lo locomotivE's locomotives has hns come down hut but not the cost of insurance fire in insurance in- in insurance insurance rates go o up As a matter of fact anyone who takes the trouble to look into the matter will had find that fire insurance costs have decreased steadily over overa overa a long lon term of even s years even even when other prices were going oin up In 1905 the average avera e rate per pel of oC insurance was in 1929 it had dropped to cents in 1931 it was cents This decline testifies to two things s the efficient mana management ement of the stock fire insurance companies compan compan- companies companies ies and the beneficial results of their public service work For years these companies hav have maintained a corps ps of who are experts in safety me- me methods me methods for preventing fires has aid aid- aided aided aid aided The work of these men ed the tho public b by bringing g- g about safer conditions in many sections resulting in fewer fC fires 1 res and less destruction of life and anc property In addition the average cost of stock fire insurance has dropped about 30 per cent below the 1905 figure Undoubtedly there are towns and cities where the cost of fire insurance ins insurance r- r rance ance has increased because condi condi- conditions con conditions i- i were so hazardous that th the burning ratio mounted steadily I In the final analysis every y in individual in- in individual individual is responsible for the cost of fire insurance because that cost costI costis costis costis is determined b by the 1 fire re losses I When the nation is peopled with citizens who are careful to avoid causing fires and when the major major- majority majority majority ity of buildings in existence are areso areso so constructed that they will be be- be flames the cost of fire insurance insurance insurance ance will decrease still further |