University of South Carolina Libraries
f Gov. Manning On Insu i' \ \ ?i. ? * 1 < ^: : I <' > i >' Take Sas.-jcv: la a;;u -Vja-u* ;; ' i ?2' TV'iUli ! *-' ii ' ? > lit' i'rv< .?> A<*t> So i hat i ' ('_> \;iii .'ii'i'i ;i?t' Keijiiircineat - ci *iie insuring i'uoiir in Souui < arolina. <TI." following letier from (Governor I Manning to Mr. James A. Cofield, a loading insurance man of Spartanburg, I was given to the Spartanburg Herald by Mr. Cofield for publication and appeared in the Herald of last Friday.) Mr. Oas. A. Cofield, Spartanburg, S. IC.?Dear Sir: In reply to your inquiry about the fire insurance situation of South Carolina and my attitude in respeci to same, beg to advise that prior to the convening of the last legislature we heard quite a lot of dis cussion reiauve 10 ine nre msurauce rates in South Carolina. During the t session of the general assembly this discussion took the form of bills introduced in the house and senate. It was claimed by a great many perpl^ that fire insurance rates in South Carolina were excessive and that discrimination was practiced. The cause of this alleged discrimination and excessive rates was said to have been because of an alleged combination among the companies selling this pro I tection, and that this combination had entered into a cam pact to control the fire insurance business in South Carolina. These discussions and statements resulted in the passage by the legislature of what is known as the Laney-Odom anti-compact law. The journal of the house shows that this biil passed the house by a vote of 57 to 31; and in the sena.ce on final passage the vote, according to the senI ate journal, was 33 to 3. This bill was i then rent to me for approval. Given a Hearing, Having been requested by interested pasties thta they be given an opportunity to present arguments for and against the approval of this act, I fixed a date for this hearing. Quite a number of gentlemen interested in the insurance business appeared zt my office and presented their arguments against the approval of the act. On the other hand, the insurance commissioner, who is especially charged with the conduct of the insurance department of the state, presented arguments favoring the approval of the (act. I listened to all arguments with an open mind. I learned that practically the same arguments presented to me agamst the approval of this act had been previously presented to the , members of the legislative committees before its passage. It was stated that in case the act was approved, it ?:as generally believed that the companies > would withdraw from the state. The & insurance commissioner gave it as his < i inion that this would not happer, r tut in case the companies did withdraw he thought that other companies could be induced to enter the state for business and that there would be no serious interruption along this line. I did not deem it my duty to decide whether or not the companies would 1 withdraw. The only question before mo wae whether nr not some valid ! reason for disapproval had been pre| sente 1 to me that was not known at | the tiT>.e the act was passed. The legislative department enacted the law, r.nd unless it could be clearly shown that the act was unconstitutional be: yond any question or that the members cf the general assembly were not r in possession of the facts that were presented to me, it was clearly my duty to accept the judgment of the j large majority of the members of the general assembly and sign the act. * ! i . i I did not deem the arguments against the approval of this act of > such nature and strength as to convince me that it would be improper for me to sign the same. His Idea of Veto Power. I do not deem it proper for the gov, ernor to refuse to approve an act beI cause of his personal opinion as to wisdom The governor should have I due regard for the wisdom and action of the people's representatives in the f general assembly, and regardless of what might have been my personal, feelings to influence me in the performance of my official duty. Since the approval of this act, I 1 have found that the predictions of a numler of people that the companies woild withdraw have proven correct. Pract cally all of the fire insurance companies have withdrawn from the & state. Only a small percentage reI mining and renewing their licenses, | I recognize the fact that the agents of these companies that have withdrawn are suffering financial loss by reason of the fact that their business has been disorganized. I realize further that uossibly others kave been embarm rassed finan "lally by reason of the fact L s Views ranee Situaiicii i.-Ui I J v i: c;i :.'' llC "1 -a.'.'"-' i I . 'J'iiiJkN i:ii i. t i , . Sol.:.' tinie v. - o. v. iiile i?*: .. Icn i)'. . !: ! bu iness> in connection !li' vv; ; (a ;art:.icn!. a i f: n I | wi:om i khc.v pei.sonall/ stated ihat I | he Vvo;:M gladly arrant' a cor.:'er once willi the o'iicials of some of tlie larger lire insurance companies in Xew York, and I requested him to do ; so. I then went to Xew York from ! Washington and conferred with these gentlemen in reference to the situation. I found these gentlemen very frank and courteous in discussing this matter. I found that they felt that as a business proposition they could ' not continue to do business in South | Carolina under the present law. There j seemed to be no disposition on their I Dart to ounisk the people of our state, and they were very frank to say that, l while their business had not been profitable, yet from th > standpoint of sentiment they disliked to break their agency connections, practically all of which had been personally pleasant. As an evidence of the fact that they did not wish to punish our people, they stated that they would not exercise their right to cancel the policies that were written and in force before their withdrawal. Has Plan In Mind. i My position has been that, inasmuch as there is so much complaint as to rate making, it would be but a proper step for the state to maintain a fire insurance rate making bureau. I have carefully worked out a plan along this line. As a matter of fact, the insurance laws of South Carolina should be completely revised and brought up to the requirements of modern busiues? life. In recent years other states have . given great thought and study to these I questions, and have revised their infsurance laws in such manner that the' companies and the insured are given full protection under the law, and all parties look upon the matter as strictly a business proposition. This is as It should be. fire insurance is a business matter. A company sells indemnity against loss, and should charge ! therefor such price or rate as is equitable and just I am unalterably' opposed to any combination in restraint ; of trade or compact to control the price I of any commodity upon which the pub| lie is dependent Fire insurance rates !should be in accordance with the! I !losses and expenses incurred, together] with a reasonable profit on the investment by the stockholders, at the same | time laying aside a reasonable amount to provide for conflagrations. We have learned that drastic legislation will not accomplish good results unless such legislation takes in! to consideration sound business principles upon which a business should be conducted. I favor laws that will prevent combinations or compacts. A state rating bureau properly conducted by competent business men will solve this problem. The insurance 'companies will in my judgment be glad 10 return to the state under such a bureau. When the insurance laws of South Carolina are revised, I suggest that the recently revised laws of jNew v0rk, Pennsylvania and Kentucky might be used as models on which our laws could be based. The fso-ealied valued policy law now on " | the statute books of South Carolina is jin my judgment an incentive to ineendiarism and ^ protection to the (dishonest man. This law should be ; repealed promptly and I shall so recI ommend. Reduce Fire Loss. One of the greatest problems before the DeoDle of South Carolina today is 'not so much the securing of insurance as is the reduction of the fire i losses in the state. Fire waste in ; South Carolina has been greatly increased year by year. This can be remedied by the exercise on the y-art of our citizens of more care, and more I rigid inspection by the firemen. The j exercise of ordinary care will tirevent serious fire losses. It is so much easier to prevent n fire than to extinguish one after it is begun. Prop| erty that is burned is forever gone, j and the insurance collected does not j replace the property, but is merely the contributions from others who have not sustained losses. I expect to hold another conference with the insurance officials the latter part of September, and after this-' .conference I hope to have definite in-t formation as to the attitude of the j companies. Of course, insurance legislation, lib-a oil nfViciT* locialoHve matters, must jllXXVW Mil VV/UVJL J be handled by the members of the general assembly. I can make no promises as to what action the next general assembly will take in reference to these: matters. I But I shall, of course, make such recommendations as in my judgment iiUQRiiMn saycn !j a *3 0 6 8 I i ^ 0 5 S (! t.- ? / fljp^ f. ?5P<!? : ) f :r?i ' v j. s. u i~\ g, ^ j .1 ^ . r'??? l-i *" ' '' ..." . ,"*'wiia s ?. ^ ... - _ " ?* - > ti jp> -rt If vy q l/ - i bia Compound. Pcniscn. Ttxas. ? *'After my little : girl was born two years ago I began suf- < ?. 11.i n11{111ij; mH11 |^'erin?c with female < trouble and could ! hardly do my work, i, i flgHfy ''$0* I was veiy nervous I lip^ p&W but just kept drag- j( K " LMf ging on until last'! j 'L summer when I got! where I could not do i i 1 my work. I would j ! M have a chill every !. , day and hot flashes i ''x i and dizzy spells and ' < 1 my head would al- ; most burst I got where I was almost a walking skeleton and life was a burden1 to me until one day my husband's step! sister told my husband if he did not do something for me I would not last long and told him to get your medicine. So he < got Lydia E. Pinkham's Vegetable Com- : pound for me, and after taking the first three doses I began to improve. I continued its use, and I have never had any female trouble since. I feel that I owe j ??- J I my me to you aiiu your xciucuicb. did for me what doctors could not do and I will alway3 praise it wherever I go."?Mrs. G. 0. Lowery, 419 W.Mon- j terey Street, Denison, Texas. If you are suffering from any form of j female ills, get a bottle of Lydia E.! Pinkham's Vegetable Compound, and commence the treatment without delay. * ?j A ? *"?> *r CinTT-BilMTr n ^ j t> lAfflrAiw ?tnm/uLi!( ^ ? Georgetown, Friday, August 4. j Kingstree, Saturday, August 5. , Florence, Tuesday, August 8. Marion, Wednesday, August 9. Conway, Thursday, lA-ugust 10. Dillon, Friday, August 11. Darlington, Saturday, August 12. Bishopville, Tuesday, August 15. Bennettsville, Wednesday, Aug. 16. Chesterfield, Thursday, August 17. r*omrion TJVMav Anemst. 1R_ Lancaster, Saturday, August 19. Union, Tuesday, August 22. Gaffney, Wednesday, August 23. York, Thursday, August 24. Chester, Friday, August 25. Winnshoro. Saturday. August 26. / A WOMAtfPS BACK Many a woman's 'back has many aches and pains. Ofttimes 'tis the kidney's fault. rW<l A ? ".< TT?Alrt /\-n? "Di 11 r? O i'lrai s way iwaiu e xviuucjr x mo so effective. Many .Newberry women know this. Read what one has to say about it: Mrs. B. F. Cannon, 1902 Harper St., Newberry, says: l'I suffered terribly from kidney ailments. I had su-ch terrible pains in the small of my back,; that I couldn't turn over in bed and j many frights I didn't get any rest at: all. I was nervous and out of sorts. The kidney secretions were unnatural and caused me a lot of annoyance. I Anally got Doan's Kidney mis irom | Gilder & iW'eeks' Drug store, and one box fixed me up in good shape." 50c, at all deklers. Foster-Milburn Co., Props., Buffalo, N. Y. We the undersigned will furnisn up to date cue at the old Melvin Pineiey place known as Jolly Street, on the 16th day of August. There will D dancing aua an auiuacuicuw for the you ig folk. And especially the chairman and his candidates are in\ite<i to be present on that day. Caldwell Ruff and H. . F. Counts. DO YOU HAVE SICK HEADACHE (Who of us does not suffer at times I from this awful pain? All are sub- R ject to it?a disordered stomach, ^ inactive liver, constipation are j [ causes. But headaches are mere j I warnings of something more se- J * rious. Heed the warning, take I Dr. THACHER'S J I Liver and Blood | I Syrup | I and head off the more serious ail Iv ments. This preparation positive- k ly relieves all perils of constipa- g tion and its kindred disorders, and ^ restores the system to its normal k fc condition?gently but thoroughly. I | Get a bott!? today. Two sizes, 50c ^ u and $1. All dealers. are proper, and will lead to a satisfactory settlement of the difficulty. I believe that my recommendations will bring results. Yours very t.'uly, Richard I. Manning, Governor. A U\ <;K PKOPKKTY LOSS All Kii i'Xl'LOSiO.NS < ]' Can N <?i f ; : . .' .! J iiiil \> orkru<-Ji I !: < I I j>. . -:i<y Si ss . i... ';i . ;.?!?> v\- cm.-, .1 jarly today by a series <>l terrific explosions of ammunition awaiting Sshipiiie;jt to the entente ^ 11i? s and stored in Black Torn island, a sm ;!I stri;) ji 'and jutting into Xew York bay off lersev C'i;v. The lo:s of life still was * [)robleni:itie.il toni.qht. It will not be determined definitely until there lias | been opportunity to check up the! workmen employed on the island and pn boats nearby. Two are known to be dead and at [east two piore are missing. Scores i di persons were injured, some of them probably mortally. The detonations, which were felt in five States, began with a continuous rapid fire of great shells, then u.v blowing up of great quantities dynamite, trinitol tunine and other | high explosives, followed by the burst-! ing of thousands of shrapnel shells which showered the surrounding country and waters for miles around. Big Warehonses Go. inre Ciiat startea soon arxer trie first greU crash destroyed 13 of the huge warehouses of the National Storage company on Black Tom island, in which were stored merchandise valued between $12,000,000 and $15,000,000. The flames, shooting into the clouds, were reflected against 'New York's "skyline" of towering office buildings, which for a few moments were shaken to their foundations as if by an earthquake. I.VIiles of streets in Manhattan were strewn with broken glass and shattered signs. Early reports of heavy loss of life were impossible of verification and the authorities asserted the number of deaths probably would 'be small. It was said that owing to the extent of the wreckage it might be several days before the exact figures could be obtained. The cause of the disaster had not been determined tonight. Officials ot the National Storage company and the Lehigh iValley railway, which also anfforort hoa.vHv thpAHS'h lOSS of property, declared that reports to them showed a fire started shortly after 1 o'clock this morning on a barge belonging to an independent towing company that had' been moored alongside a dock used by the railroad to transfer ammunition shipments from trains to vessels in the 'harbor. \ \ The barge, it was said, was there without authority either of Che rail road or the storage company. The officials refused to disclose the name of the independent towing company, saying they were investigating "to ascertain whether the tnrge purposely had been set on lire as the result of a plot." isa ^ - 11 ^ - ? ? /1-. - . M I II AAWO /vf f h J laaii oiunes, Vya-n^ci ami. uiv,cio vi Stomacn and Intestines, 'Auto-Intoxication, Yellow Jaundice, Ap-pendicitis and other fatal ailments result from Stomaih Trouble. Thousands of Stomach Sufferers owe their complete recovery to Mayr'a Wonderful Remedy Unlike any other for Stomach Ailments. For sale by Gilder & Week3 and druggists everywhere. NEWBERRY ASTONISHED BY SIMPLE MIXTURE Newberry people are astonished at ^ T\TOT * \TT on4-i/\r> cim rvlo Hllplr | LiiC i.NOI^U C*\sCAi/u. v/i thorn bark glycerine, etc., as mixed in Adler-i-ka. ONE SPOONFUL removes such surprising foul matter it relieves almost ANY CASE constipation, sour stomach or gag. Because Adler-i-ka acts 011 BOT'H lower and ujiper bowel, a few doses often re| lieve or prevent appendicitis. A short j treatment helps chronic stomach j trouble. Gilder & Weeks, Co.^ druggists. i Good Looks are Easy i MagnoKaJSir ! Ralm. WwE? Look as good as your city cousins. Nc matter if you do Tan or Freckle Magnolic Balm will surely clear your skin instantly, Heals Sunburn, too. Just put a little or your face and rub it off again before dry Simple and sure to please. Try a bottle to-day and begin the improvement al i once. White, Pink and Rose-Red Colors 75 cent3 at Druggists or by mail diredt SAMPLE FREE. LYON MFG. CO.. 40 So. 5tli St., Brooklyn. N.Y Mi i.UY.S OPK>n KiClIT 11 i ok i n 1; v I)e\<?ir. ili-? Npi'r?*ii i.:ir'-:c!v t<> ! , :'xi? :::? ( tiurse, Which ; i11' SJvicis .srrics ai iiltKj.iiTS. y . . ... ? '..os ron:ziit rutin. ! in his speech . acceptance of th?; Republican noni- <] tl:-- issues upon whicli lie will [ ch'iucr lis campaign lor the presi- r tii.-ncy. He assailed the administration ? 'or the course it iia^ pursued with ret- i erence to Mexico, niainten nice ot c American rights during the FJuropean <i war, preparedness and other great c questions of the day. He declared for ; <j a policy of "firmness and consistency" i towards Mexico, for "the unflinching ! t maintenance of all American rights on t land and sen." and for "adequate n&-! t tional defense; adequate protection U on both our Western and Eastern < coasts.'' i 'H\1e denounce ia.ll plots and conspiracies in the interest of any foreign nation," Mr. Hughes said. "Ut terly intolerant is the use of our soil ] for alien intrigues. Every American I must unreservedly condemn them and : support every effort for their suppres- i sion." ( The nominee assailed the adminis- : tration for its "direction of diplomatic intercourse" from the beginning, de- j' ! claring that where there should have been conspicuous strength and expertness there had been weakness and 1 inexpertness. He cited San Domingo 1 as an instance where appointments had gone to "deserving Democrats" i and to the failure to continue Ambas- ! sador Herrick at his post in Paris < after the war had started as a "lam- ] entable sacrifice of international re- i pute." 1 For Woman Suffrage. "I endorse the declaration in the ' platform in favor of woman suffrage," ! Mr. Hughes declared. And he added: /\ "Opposition may delay, but in my j judgment can not defeat this more- 1 ment. ... I favor the vote foi < women." i One-'ourth of the speech was devoted to Mexico. Step after step taken by the administration with reference to Mexico was assailed from 1 the days of Huerta to the note sent 1 the de facto government by the state 1 department June 20, last, part of J which was quoted in the speech. The j1 seizure of Vera Cruz, the nominee said, was war, of course." "Later we retired from Vera Cruz," v/e continued, "giving up this noble . warfare. We are now informed that j we did not go to Vera Cruz to rorce j Huerta to salute the flag. We are j told that we went there to show Mexi- j co that we were in earnest in our de- ! mancr tn^.c wueria musi 501 America, Mr. Hughes continued, had j no policy of aggression towards Mex- | ico, no desire for any part of her ter- { ritory, but wished her to have peace, j stability and prosperity. Will He Have To? j "The conduct of the administration ' has created difficulties we shall have to surmount,v -he said. "We demand ? from 'Mexico the protection of the i lives and property of our citizens and the security of our border from depre- ; dafions." Safeguarding American rights i abroad had not been accomplished, Mr. Hughes said, by the administration. There had been "brave words in a series of notes," but "what does it avail to use some of the strongest words known to diplomacy if ambassadors can receive the impression that the words are not to be taken seriously?" The nominee reiterated his declaraI To The i j Let me urge L wheat before yoi i There is no dry not been sunned i i and then blame i i you good work. : FARMERS B J. H. WICKE I j 1 ion tha: had this government left no ;< ii>t mat it meant to .loi-.i Germany . rict accountability" there would ive x cn !u> loss oi liiti on t.io JLusi? ania. .Mi', ii::tclies !:i U . ;arent :.io I'niied i!*i- > . .-'lockinffly ;;ui spared." "The a.i:.ii .siration !;as failed to . ^ li.-.cka: it.- responsibilities.'' Mr. iutiles cci. i:nied. "A. : arently it low is seeking to meet political exi;encies by its nav.nl programme. But i has imposed on the country an inompetent naval administration. We leinand adequate protection on both. >ur Western and Eastern coasts. We iemand thoroughness and efficiency n both arms of the service. It seems o be plain that our regular army is fin etna 11 IVo orfl fnn <rr??f a ennn_ ry to require of our citizens who are ' ^ mgaged in peaceful vocations the sort >f military service to which they are low called." i The Leaden Lining. ' Of the present prosperity, Mr. Hughes said: "We are living in a fools paradise." It is, he said, "a Prosperity brought about by the abnormal conditions of war. For the protection of the industries and working men of the United States against the conirpetition of "an energized Europe," Mr. Hughes said, it was plain that "we must have protective, upbuilding politicies." Other measures, too, should be applied, he said, notably the upbuilding of a merchant marine. i I ' -r-j "To make peace lasting and effective when the present war shall end," Mr Wne'hps advocated the formation. of aii international tribunal to dis- ' pose of controversies of a justificaWe 3ort, backed by the cooperation of Lhe nations. Mr. Hughes also declared for the 'conservation of the just interests of labor," for conservation of national resources and for a national budget. "Our opponents promise economy, i>ut they have shown a reckless ex:rav.agance. It is time we had fiscal reform." . Cheered by Crowd. IMr. Hughes closed with an indorse?? ^ OA^M.VtiAnn On/1 IllVUt U1 I'ltc ncpuuuvftu t?uu i formal acceptance of the nomination. The large audience which trowded Carnegie hall cheered for several minutes when $Lr. Hughes ai>peared shortly after 8 o'clock. The nominee, recognizing Theodore Roosevelt in one of the boxes, waved to him and Col. Roosevelt clapped his hands in acknowledgment. Senator Harding of Ohio, chairman of the notification committee, was cheered at every reference to the name of the nominee and a. Republican victory in 'November. When he had finished the band played and the crowd arose and cheered again. <$> ? ARE YOU <? <S> CONTINUALLY BUYING ^ " * LAUNDRY SOAP? Sometimes laundry soap bills seem higher than they should. Perhaps the housewife has forgotten tlie great soap saver?borax. Borax cuts down soap bills one half?makes your wasnmg easier? makes your clothes cleaner. Use borax whenever you use soap. It pays! "20 Mule Team Borax Soap Chips" at 25c will do mere cleaning than 50c worth of bar soap or washing powders. 1 Public you to sun your i take it to mill. 1? ? ? li M l? 0% 0 Wfieai lliai iiaa j . Do your part ne if I do not do Ml Mill UlLi ifllljlj IRj Manager ? a i.