. The story of the exposition; being the official history of the international celebration held at San Francisco in 1915 to commemorate the discovery of the Pacific Ocean and the construction of the Panama Canal . February. By April of 1916, when wrecking was getting well started, it was neces-sary to cover the risk on employees engaged directly in the more hazardousoperations. Riggers, powder men, those aloft, and those within what wascalled the falling wall zone, were considered to be in an extra hazardousposition and the rate for them was far higher than for any other class ofemployee excep
. The story of the exposition; being the official history of the international celebration held at San Francisco in 1915 to commemorate the discovery of the Pacific Ocean and the construction of the Panama Canal . February. By April of 1916, when wrecking was getting well started, it was neces-sary to cover the risk on employees engaged directly in the more hazardousoperations. Riggers, powder men, those aloft, and those within what wascalled the falling wall zone, were considered to be in an extra hazardousposition and the rate for them was far higher than for any other class ofemployee except fireman: $ For men on the ground, outside theserisks, the rate was $3. Adjustments were made on each payroll betweenrepresentatives of the Exposition and the casualty company. From this time on the payroll insurance gradually diminished to noth-ing. The total insurance for the post-Exposition period cost in premiumsa little over $41,500. In addition to casualty and fire insurance it was necessary to bond anumber of the more important employees, to insure the prize trophies andthe Vanderbilt Cup, and to take out burglary and highway robbery insur-ance, plate glass insurance, and furniture CHAPTER XXXIIOPERATING-PERIOD ACCOUNTS THE necessity for a modification of the accounts to meet conditionsduring the operating season became apparent in May, 1914, owingto the increasing revenue from concessions and admissions andfrom utilities. A temporary method of accounting for these matters hadbeen developed, but it was at variance with the accounting principleslaid down. The accounts for the operating period were organized by theExpositions accountants, Lester Herrick & Herrick, on the principlesdetermined upon for the construction period, with these subsidiary prin-ciples in view: 1st. That the accounting methods should be so arranged that alltransactions should be the subject of immediate review or internal audit;so that any impropriety would require excessive collus
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