Saturday, Mar. 17, 1923
High Cost
The climbing cost (to the public) of crime has been estimated, after exhaustive research by the National Surety Company of New York, at $30 per American individual for the past year. The total price paid by the nation for burglary, forgery, and bucket shops exceeds three billion dollars, and is approximately equivalent to the internal revenue receipts of the Government for the fiscal year 1922. It is greater by half a billion dollars than the imports of the country in 1921.
" And how," one queries, " is the individual tax $30, if one happens to be untouched by criminals through the twelve months past ? " The answer lies in the rising rates of burglary insurance which must ascend automatically with the tide of crime.