28 



INFORMATION RELATING TO INSURANCE AND THRIFT 



— with some exceptions — can it take place in the region north of township 

 50. Such permit can be refused if there is danger that the fire will spread 

 or if necessary precautions have not been taken. 



The act provides that in rural districts and unorganized districts there 

 shall be agents responsible for preventing and deaUng with fires. The exe- 

 cution of the Act is entrusted to a provincial fire Commission. 



UNITED STATES. 



I. INSURANCE AGAINST FROST IN IOWA. — The Country Gentleman, Vol. l,Xli.XlH, 

 No. 10. Philadelphia, 10 March 191 7. 



After collecting the greatest possible number of data as to meteorological 

 conditions in different States the Weather Bureau of the United States has 

 advocated insurance against the risks of bad weather, especially of unsea- 

 sonable frosts. 



It has been recognized that societies undertaking such insurance should, 

 in order to have a secure foundation for their business, estabUsh it on a ten 

 years' basis. In other words poUcies should be for ten years, the risk of 

 loss being approximate^ nine to one. The following table shows the re- 

 sults obtained in ten years by a company insuring against spring frosts in 

 two States : 



• Premium 

 Payment 



Capital 



\ Ohio S 5,900 



^ I Kansas .... 5,400 



Balance 



I Ohio 5,900 



-^ ' I Kansas .... 5,400 



Balance 



\ Ohio 5,900 



^ ) Kansas .... 5,400 



Balance 



( Ohio 5,900 



^ ^ ) Kansas .... 5,400 



Balance 



70,200 



