| OCR Text |
Show GIVE CREDIT WHERE IT IS DUE We hear how Henry Ford has reduced re-duced prices on his automobiles, how tlio Franklin Automobile company has i educed prices, now silk has como down, how rubber has como down, how hogs have diopped and how a. bundled nnd one other things have dropped or ate going to drop and they all claim a great deal of glory for helping reduce the cost of living. f Ono Industry which has been sawing saw-ing wood all tho tlmo and saying nothing is insurance. This Industry has not increased rates over tho prewar pre-war figure. During the war for a short time a ten per cent Increase was levied to cover extraordinary expenses. ex-penses. This was done away with immediately after tho war and Insurance Insur-ance has remained on a, pre-war basis bas-is olthough expenses, taxes, wages, lents and everything connected with the business are still at war figures or have been increased from month torn onth. A man's good points are usually brought to light after lie Is dead. In the caso of Insurance It should get a little credit now whllo It Is nllvo and Its record should bo borno In mind when flims like Ford are getting pages of publicity for reducing tho price of their products after taking the war profit for years. Insuranco companies now faco n period of readjustment and falling prices when tho fire fiend may figure fig-ure on burning his high priced stock of goods rather than sell It at a loss thus loading tho burden onto tho Insuranco Industry unless ho h caught. And Insurance icnialns tho same. |
