Leadership

THE STORY OF A “ROTTEN RISK,” OR THE TRIANGLE FIRE

Issue 21 and Volume 53.

THE STORY OF A “ROTTEN RISK,” OR THE TRIANGLE FIRE By an alliance between the factory owner and the insurance engineers New York loft factories were made safe with sprinkler appliances without cost to the owners. The whole shirt waist industry declared to be a “rotten risk.” While the survivors of the Triangle fire were following the line of hearses to the cemetery with the bodies of burned victims, there is evidence that certain business men were holding a secret meeting to consider how best to make the fire yield the largest possible profit. Attempt to placate fifteen newspapers and press associations with advertisements. In America fire insurance is the one great and necessary business which is able to defy alt governmental restraint. Volumes have been written about the Triangle fire, which occurred in this city more than two years ago, when 146 women went down to death, but there…

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