This movement among fire insurance companies is less than ten months old but it has already swept virtually the entire fire insurance world except the United States and Canada. (Canadian companies have signed the agreement so far as their foreign business is concerned.)
In the literally flaming Far East, insurance companies of Japan, Chin the Netherlands Indies and the Philippines have signed. while the adherence of other Far Eastern companies awaits the decision pf the United States companies with whom they are in competition.
In Central and South America adherents include Mexico, Argentine, Chile. Colombia and Peru. The Brazilian companies are still discussing it.
In short, the only very important abstainers are the twenty-odd United States companies doing a foreign fire insurance business, and even they have, in effect, agreed to it so far as their Cuban business goes.
Text read from the printed page and cleaned; old type leaves the occasional error.