12 BULLETIN 786, TJ. S. DEPARTMENT OF AGRICULTURE. 
SALARIES OF DIRECTORS AND OFFICERS. 
More or less complete information concerning the compensation of 
directors and officers was given by 842 companies. In the case of 
directors each of these companies reported the actual per diem 
allowed. The largest such per diem was $10 and the smallest was 
50 cents. Only 21 companies paid a per diem of more than $3, while 
104 companies paid a per diem of less than $1.50. The average per 
diem paid by the 812 companies was $2.05. The most common 
amount paid was $2, nearly one-half of the companies reporting this 
figure. 
The question referring to compensation of officers was less gener- 
ally filled out than were the other parts of the questionnaire, and in 
view of the variation in the size of the companies, as well as of the 
different plans in vogue with regard to the distribution of duties 
among the officers, any figures hi the way of averages would have 
but little significance. A few data bearing on the plans of com- 
pensation may, however, be submitted. The president was paid a 
fixed annual salary by 110 companies, while 85 reported paying a 
fixed allowance per policy in force during the year, and 56 others 
reported a combination of these two methods in the compensation of 
this officer. In the case of the secretary, 123 companies reported pay- 
ing a fixed annual salary; 98 reported compensating this official on a 
per diem basis, and 139 reported paying a fixed allowance per policy 
in force during the year. In the case of the treasurer, 315 companies 
paid a fixed annual salary; 118. reported compensating this official on 
a per diem basis; and 166 reported paying him on the basis of per- 
centage of money handled. Forty-one companies used a mixture of 
two or more of these methods as a basis for the compensation of the 
treasurer. Out of 188 companies which reported the compensation of 
a secretary-treasurer, 122 paid an annual salary; 13 companies paid 
a per diem; and 13 paid a fixed allowance per policy in force, while 
40 companies used a combination of two or more of these methods. 
The prevailing plan of compensation for directors and officers of 
these organizations is therefore that of a per diem for the directors 
and an annual salary for the officers charged with the routine work 
of the company. 
ADJUSTMENT OF LOSSES. 
Information concerning the agency used in the adjustment of losses 
was furnished by 1,143 companies. Of these, 178 reported having 
a committee charged with this duty, while 119 reported employing 
special adjusters. In the case of 404 companies the adjustment of 
losses was left entirelv to the directors while in the case of 97 com- 
