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INSURANCE AT PINEY WOODS.   73

that under the Kangaroo ballot, Colonel Bowie, much as he deserves to will his race on business grounds, can't buy a vote. He can only depend on his unselfish services to this community, where he was born and raised, to catch floaters that can't be handled on any proper business basis. We will say right here that Thompson and Beasley kept their promises up to the hilt and it couldn't a been done but for the good faith existing between fire insurance companies that every other company is going to do dirt if it sees a safe chance. Bill Thompson said that this good faith was so strong and simple that it made his heart bleed to do the trick. Soon as he got out he cut the rate in three of his companies and sent a letter to each of 'em with the daily report saying the other two was cutting. Then he sent a letter to his other four companies saying the three had cut rates. Next (lay lie got a telegraph from one of the British cos. saying to go in and cut till the others got tired and another telegraph from an American co. telling him they was opposed to cutting rates but to protect their business at all hazards. On the third day he heard from the policies and all was accepted with an expression of regret that other cos. was demoralizing business and the hope that hew•ould'nt

write any more cut rates except where unscrupulous competition required it. At the end of the week a lot of special agents, wearing plaid pants and running bar bills at the Alvarado Hotel, come in, looked over Bill's register and come to the agreement to reinstate the rates and cancel off what he had written. That night


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