The Archive · 1923

Conference in Tokio

Tokio, Sept, 25.

Today the National Relief Committee is to hear from its economic and relief sub-committees a report on the question of Government aid to the fire insurance companies, with a wow to the latter paying the claims in part or in full.

Press reports state that the report to be presented to-day. recommends that the insurance should be paid in full, with the Government extending a helping hand.

Like the question of the banking moratorium. this question of insurance does-nct seem, according to the information available, to have advanced during the past week, though it. is to-day reported that the representatives of. the insurance companies in this part of Japan, who have hitherto adopted a firm attitude and refused to attend a conference in Tokio on the question, have given way on the conference matter and, have decided to leave for the capital on September 27.

Meanwhile, og much pressure as possible in the form of resolutions is being brought to bear on the insurance companies to dive up to their "moral" obligations. Business associations, political parties. and the special Telicf committee of the Tokio Prefectural Assembly, have resolved that the payment of claims is the best remedy for the present financial chros, or that the insurance companies should discharge their duty to relieve the sufferers. without evading responsi by sheltering themselves under the stipulations printed on policies. The Lawyers' Association has gone further than this by deciding that the companies were legally bound to pay the insurance money according to an article in the Commercial Code.

Various reports a¥e published of offers having been made from

Text read from the printed page and cleaned; old type leaves the occasional error.

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