Salt Lake Telegram | 1905-10-27 | Page 2 | Shall United States Go into the Insurance Business, is Question

SHHLL UNITED STATES 7 7 GO INTO THE INSURME BUSINESS, IS QUESTION CHICAGO, Oct 27. A dispatch - to , the Tribune from Washington. D. C.', ays: Shall the United States Government go into the Insurance business? This Question will be asked with a grood deal of force at the opening . of Congress. Individual representatives from different districts,. Including wlde- ly separated sections of the country, have indicated their Intention to introduce intro-duce bills regulating life Insurance and even Are Insurance business. Inquiries have been made of the bureau of corporations cor-porations at the 'Department of Commerce Com-merce and Labor, and other Investigators Investiga-tors have been studying methods in the office of the Comptroller- of "the Currency. Cur-rency. ' 'All thise researches, aa conducted by individual Congressmen, have had for their one object the development of data going to show the necessity of Federal control of the great Insurance corporations. , There will be a number of bills Introduced Intro-duced at the opening of Congress which will sweep away all Intermediate steps and will provide that the United States Government' shall go into the life Insurance In-surance business and Into, the fire and marine Insurance business as well, if such a thing be possible. .' 1 Of course, no one expects that any such radical legislation will be passed at this session of Congress, but several members of the House seem to have become imbued with the idea that the time is ripe for a radical and even a Socialistic departure in the direction of a more paternalistic theory of government. gov-ernment. '