The only people who are worried, and very naturally worried,
are the owners of large warehouses and other commercial and industrial property in London. There is not the slightest fear of any fire spreading in the residential parts of London; the London party wall gives ample pro- tection there. It is, however, quite possible that large ware- houses and other commercial buildings might be set on fire and a very large pecuniary loss be caused. But against losses of this kind business men are finding that it is impossible to insure. The risks are in one sense not very great, but a piece of good luck for the Zeppelin might con- ceivably destroy an insurance company as well as a building. Therefore the companies very properly will not take these gambling risks except at impossible rates. There is the
situation in a nut'shell. . •
