Leadership

A NATIONAL BUREAU OF INSURANCE.

Issue 18 and Volume 24.

A NATIONAL BUREAU OF INSURANCE. ONE of the many dreams of the socialist is that of seeing all insurance business in the hands of the State. At present such a method is as the “baseless fabric of a vision,” whose fulfilment is at best very far off. Last session of Congress, however, there appeared to the superficial observer a moving of the waters in that direction, when Senator Platt (not he of New York fame) introduced a bill for the establishment of a National bureau of insurance, some of the provisions of which appeared to threaten the interests of firemen and to tend to rob them of a large portion of that income which is now devoted to the relief of sick and disabled veterans of the force, by depriving them of the two per cent, tax paid by foreign insurance companies doing business in the State. When the question…

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