Show EXORBITANT INSURANCE RATES Official cial figures show that even before the horizontal hori hon increase e of from 2 to per pen cent in local fire lire insurance ance rates rater was del decided upon lIpon by hr the board of underwriters Titer els el's the various companies nies were wele making making mak mak- ing lug big hig profits out omit of the their r Salt alt Lake business It Tt ilso milso lops develops that the rate for fOl this city is based upon the tIme tire lire losses es of the entire State In other words Salt Lake business s men immen and ind properly holders holder ire are taxed by the underwriters for losses caused by bJ fires in iii every little town in Utah The fhe recent disaster dis 1 lis aster in Mercur when the unprotected camp was swept by flames furnishes heR a a. case in point This town is not a part of Salt Lake Lalie nor in aD anyway way connected connected con con- with it yet Jet local ocal property owners are asses assessed as as- ses d because of the tire at Herein Mercur The Time following table tahle which is official shows hoWs the premiums and losses paid here herc durin during the tIle period mentioned Premium Losses eR Per Ct 1898 E 1 1809 it 70 21 1900 1100 42 23 9 10 Such a showing a as this if made in any other branch of business would call for a reduction in prices rather than a t per pel cent increase The action ac ac- ac tion tiomi of oC the board of underwriters is clearly arbitrary arbi and amid unjust and con considered from Crom an any kind of standpoint the tiit rates are arc exorbitant In the years Jears referred ed to in ill th time the table tahl Tt t will be seen e n that the fire losses losse have steadily decreased Most lost business men accept the future as a natural deduction of th the past but the time board hoard of underwriters evidently possesses s the of looking forward and ud nd in power hio a drawing its horoscope pictures Salt Lake LaliC as surrounded by hy greedy flames which are waiting to spring upon the time city the first time the water atel pressure is le less ess' than thau sixt two sixty po pounds |