Business: Auto-Thefts, Inc.

Last October Chicago discovered that in the three previous months more of its automobiles had been stolen than new cars registered. For the full year there were 34,246 auto thefts in Cook County (Chicago and environs)—nearly 100 a day. Last week as the Illinois Legislature talked of repealing a stringent new anti-theft law (reason: it might cost money to enforce it) Chicago got mad.

As worst auto-thieving city in the U. S., Chicago enjoys the highest U. S. theft insurance rates. In San Francisco it costs 75¢ per $100 to insure a Chrysler, in...

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