STATE FUNDS LESS COSTLY
THAN PRIVATE COMPANIES
MADISON, Wis., (Special).—Fire
insurance companies that have been
making a desperate but apparently
losing fight to abolish the Wiscon
sin fund in which the state insures
its own buildings have been con
fronted with a significant compari
son of costs.
The fund has been in existence
since 1903. In the fourteen years
ending January 1 last , the fund
collected premiums totalling $609,
4 86, and paid out in losses on state
property $532,930.
The premiums were collected on
a rate which was 60 per cent of
that charged by private companies,
making a saving to the state in
premiums of over $400,000 in ad
dition to the surplus of $26,100
now on hand. The expense of ad
ministering the fund for the 14
)ears was but $1 1,4 67, or less than
ODDS AND ENDS SALE.
Boys wool Suits $2.50 each.
Underwear and hosiery at Mill
prices. Stamped goods, crash no
tions. Coaster sets serving trays.
Everything 10 per cent discount.
NOME GROCERY CO.
Miss A. F. Oeetrich, Mgr.
2 per cant of the premiums collect
ed.
The expenses and profits of pri
vate insurance companies on the
fire insuiance business of the whole
3tc,te of Wisconsin for the last 10
years is shown to have been ap
proximeve'y 55 per cent of the pre
miums collected.
Advocates of workmen’s health
insurance who insist that private
profits must be prohibited in any
I successful plan are making active
use of this striking difference be
tween 2 per cent and 56 per cent
in cost of operation. What is true
of fire insurance in this respect,
they contend, is simelarly true in
casualty and health insurance. The
legislative investigating commission
in Massachusetts, they are pointing
out, recently reported that it cost
66 2-3 cents to carry a dollar
through the stock company system
from employer to employee, while
the cost under the state mutual
system is but 14 cents. In any form
of public insurance, mutual health
and compensation rs well as state
fire assurance on public buildings,
it is claimed, the social purpose is
best served in the degree to which
excessive and burdensome costs and
private profits are eliminated.
Anything in the Une ot job work
ENLISTED MEN MUST APPLY
FOR COV’T INSURANCE
NEW YORK, Jan. 3.—Now that
the government is ready to insure
the lives of enlisted men under the
new soldiers’ and sailors’ insurance
law, efforts are being made to ac
quaint every man in the service
with the anvantages of making ear
ly application to Uncle Sam. Since
this insurance is voluntary, it is
pointed out, steps must be taken to
inform all “the boys in khaki” who
might otherwise overlook this op
portunity tc secure, at very mode
rate cost generous protection for
themselves and their dependents.
Friends and relatives t is hoped
will urge the soldiers and sailors
to apply at once lor this govern
ment insurance.
WE CAN DO IT.
Peoples Launury wash everything
except the Baby. .
W. J. WILLIAMSON, Prop.
Hot Rolls, Bread and Pies at
5 o’clock, every afternoon.
at ARCTIC BAKERY.
Pa buy me one of those dinner
sets 100 pieces, only $20.00 of a
elastic Pelt Matress at $17.60, or a f
set of all Coil Springs De Luke at
$17.50. HOLT has the Goods.
LADIES & GENTS TAILOR.
Tour Clothes Cleaned, Pressed and
Repaired.
SUITS MADE TO ORDER from
select fabrics and trimmings.
ALL WORK GUARANTEED.
Cor. Lane’s Way and Front Street.
M. PASCOFF.
You’ll see It first in the Worker.
I
THE EAGLE
LADIES ESPECIALLY INVITED
Wednesday Night 8 to 12
Free Billiards,
Free Bowling,
Free “Eats”
Come One, Come All,
And have a good time,
F. J. KRICEK
MANAGER
BEVERAGES
Bagloy Apple Juice per tin 20c., per dozen.$2.25.
Applju Apple Juice per Btl. 25c. per dozen.2.50
Baas I Grape Juice per Btl. 75c., per dozen.7.50
Welch Grape Juice per Pnt. Btl. 35c., per dozen.3.60
Welch Grape Juice per Qt. Btl. 65c., per dozen.$6.75
Loganberry Juice per Pnt. Btl. 35c. per dozen.3.50 I
Loganberry Juice per Qt. Btl. 65c., epr dozen.6.75 ]
Sparkling Loganberry Juice, per Pnt. Btl., 50c., per dozen 5.50 j
Bose Lime Juice per Pnt. Btl., 75c., Per dozen.8.00 i‘
Cliquot Club
Ginger Ale
Sarsaparilla
Orange Phosphate
Lemon Sour
Root Beer
Birh Beer per dozen $2.60, per Btl. 25c.
Boot Beer Extract, per Btl. 25c., per dozen $2.25.
VIVO VIVO per dozen $2.25, per Btl. 20c.
A. Polet
THE NOME INDUSTRIAL WORKER
is prepared to handle
all kinds of
JOB PRINTING
Let us figure on your •
work. Call up Black
134 or call at
THE INDUSTRIAL WORKER OFFICE
l
To Comply
With the spirit and letter of the
Eight Hour Law we will main*
tain the following hours:
CLOTHING STORE
9 A. M. TO 6 P. M.
DRUG STORE
9 A- M. TO 9 P. M.
We ask your cooperation
Lomen Bros.
MaaaBBBBBA!
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WE EXTEND CORDIAL CHRISTMAS
CREETINGS AND REST WISHES FOR
HAPPY NEW YEAR
(Arctic Bakery
AND
Candy Store
CARL POKATH, Proprietor.
C*afa«BB«i««aiaB»aB«a8i8iaattuijaBfaiafn*zief^^
IN eUR STORE WE WORK
ONLY EIGHT HOURS
WE CLOSE AT 6 P. M.
Thorulf Lehmann
Miners and Merchants Bank
Nome, Alaska
Capital $100,000.00
Workingmen’s Accounts Solicited.
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