| Show shall the state monopolize business ka this paper is taking no active part in the political fight ZD now being waged in this state our columns being open to candid candidates ites of both parties but there are som matteis now under consideration which are so vitally im as to demand the attention of all irrespective of party affiliation one of the ital vital issues before the poo peo pie of utah today is the proposition to enact a law at the next legislature providing a monopolistic state ansur ance there is no question but what the corn com sensation pens pensa tion act is a good measure it is giving the N work vork ingmen of this state just the sort of protection tint thit they i eed ced and it is giving them what they are on entitled titled to with out the help of ambulance chasing attorneys but the ef f torts of the democratic p baity ii ty to give the state a monopoly on oil this class of insurance can cin me mean mein in nothing more or less than the building up of a political icil machine with a large list for the people to pay to the and the emp employee loyee the new plan plin offers no advant advantage ige whatever since the state now establishes both the rates ind the benefits and all com companies pinies must conform to them under the present arrangement the employers of labor libor can cin in sure eithol with the state 01 with insurances companie their own selection and an investigation shows that some gome of the largest mining companies of this district prefer the strong well established insurance companies one disadvantage that stands out prominently against the state having hiving i monopoly on this business is the fact that the state is liable only to the amount of the insurance fund itself beyond th that thit it no provisions provisions arc made mide no insurance reserves such as private coni companies pinies must carry nothing to fo stand stand between the fund and bank 4 A catastrophe such as took place in one of T coal camps some years ago would not only bank bink rupt bupt the states state Is insurance fund funt but it would also create a i deficit which NN be extremely troublesome to all or berned the state already has a deficit of so something like three quarters of a million dollars in the general fund with approximately more just created as a re suit sult of the extraordinary iry war expend expenditures I 1 tures the st state ite tax rate for 1918 is within three tenths of a mill of the maximum permitted by law under such conditions is it a good plan to pave the way for further state Il liabilities 7 As one mining operator puts it there is no good reason why the state should insist on monopolizing the insurance business its fund is not large enough and there is always a chance that those in whose hands hind the matter of insurance is left may not be very competent and ind reliable I 1 believe that the interests of our employees are better safeguarded guarded by insuring with one of the 1 largest and best of the independent insurance comp companies illies I 1 should like to feel that our state was in the hands of men as reliable and capable as those directing the affairs of the large insurance companies if |
