The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1855-12-04 00:00:00

TO EMPLOYERS.

WNICHOL. begs to direct attention to his
• AGENCY, as affording superior facilities for securing
the services of suitable assistants, while it relieves employers
from the painful task of dealing with numbers of incompetent
applicants.
W. NicitoL can always introduce persons of unimpeachable
character and tried, efficiency.
TO MERCHANTS, BROKERS, AND OTHERS.
Clerks, Cashiers,
Correspondents in various Salesmen.
Languages, Travellers,
Bookkeepers, Superintendents,
Accountants, Managers,
Collectors, Agents,
And skilled Assistants in the various practical arts.
TO SHIPOWNERS.
Masters ; Mates ; Surgeons; Pursers ; Stewards,
TO PRINCIPALS OF SCHOOLS AND FAMILIES.
Teachers whether for fixed appointments or occasional tuition

Governesses, whethei• resident or visiting.
TO PRIVATE FAMILIES.
Companions, Housekeepers, Nursery Governesses.
TO NOBLEMEN AND GENTLEMEN.
Land Stewards, dtc.

No Charge to Employers.

GENERAL MERCANTILE, PROFESSIONAL, PATENT,
AND INSURANCE AGENCY,
17, CASTLE-STREET, LIVERPOOL.

A CARD.
1)R. BRODIE, 72, RODNEY-STREET, Liverpool,
Member of the Royal College of Surgeons, London and
Paris, author of The Guardian of Health, and several other
Medical Works, continues to be Consulted daily, at his Residence,
from 11 till 3, and 5 till 9; and Sundays from 10 till 2, on Nervous
Debility, Involuntary Blushing, Delusion of the Mind, and all
Nervous and other Diseases, &c., &c., whether produced by
Sedentary Employment, Residence in the Tropics, or otherwise.
Country Patients, by forwarding £l, addressed Dr. ROBERT
BRODIE, 72, RODNEY-STREET, LIVERPOOL, Will receive Advice
and Medicine, which will effect a cure in most cases. One personal
application is advisable in all cases.
Observe :-72, RODNEY•STREET, LIVERPOOL. Private Entrance
to the Surgery, 43, Knight-street, near Berry-street.
The above valuable Work, " The Guardian of Health," may be
had of E. HOWELL, and T. NEWTON, Booksellers, Church-street,
Liverpool ; and also at the Author's Residence. Price Is. Sent
free to any part of the Kingdom for Is. 6d., in Postage Stamps.

[DECEMBER 4, ISSO.

Ensuranu W3tiCES.

__2___-

AGE ASSURANCE COMPANY'
64, CHANCERY LANE, LONDON.

CHM RMAN.—Tbe Rev. George Roberts.
DEPUTY-CHAIRMAN.—CoI. Faris, R. E.

The first declaration of Profits will be made immediately aft.ter
the 31st of December next, in which all persons assured hew.-
that date will participate.
THE AGE—never disputed a claim and are by their Deed et
Settlement prohibited from doing so.
Probate, Administration and Legacy Duties are saved by
peculiar plan adopted by this Office.

Fractional parti of a tear are allowed in calculating age.
Branch Offices are established in LIVERPOOL,-BIRMING7O.
-BRADFORD, - SHEFFIELD, - MANCHESTER,- NEWCAiIso
UPON-TYNE,-SUNDERLAND,-ABERDICEN,- BUNDEE.i,
SELS. EDWARD ROBINSON,

LOCAL MANAGER FOR LIVERPOOL:
R. R. HUTCHINSON, Esq., 9, Eden Chambers,
South John street.
____

INDISPUTABILITY THE ONLY COMPETE
SECURITY IN LIFE ASSURANCE.

(Extracted from " The Register.")
What is meant by an indisputable policy? In the first piscell'eit
is unlike other policies ; the adjective being used to implY 8° le
thing to mark and distinguish such a policy from all other Pfog
cies. In the second place, it means much more—it implies toot
the policy to which the epithet " Indisputable" is given cal.,a
be disputed, except upon grounds beyond the reach and pafe`e is
the contracting parties to control. In other words, the Po
lb"
represented as being as indisputable as man can make it. oil
Nothing can be more embarrassing than the situation oft.tote
who, after making payments to an Insurance Company e'ner
twelve or twenty years, on the supposition that by sticiLloS
ments he has purchased for his family the absolute property' or
reversionary estate, is then told that at his death his survi„ne
may receive such property, but that there is a great chance-15ot
sibility—amounting to a probability, that they may not ; an paol
the contingency depends upon circumstances which he °boll
foresee. Yet such is the position of those who are held as Weieot
responsible for the precise and literal accuracy of every state,T,io;
in numerous documents and schedules which precede the ise„ey
of a policy. Take one of these schedules as an instance off,,i
ments, upon the accuracy of each of which the whole 'knell
the policy will ultimately be made to depend :—. I do ac'od
declare that my age does not exceed years ; that 1 112.1))10
cow-pox or small-pox (state which); that I have (or have ncl'o, Ot,
the gout; that I have not been afflicted with any fit or !.1 joa
convulsions, nor with asthma, insanity, or spitting of blood re
that I am not afflicted with habitual 7 cough, diseases of the lolli
nor with any other disease or disorder tending to shartenoto;
and that the foregoing proposal contains a true stateles'
every matter and thing thereby required to beset forth; stltastia.
I am now in good health ; and I do declare that I have 10 ,pas'
sealed or withheld any matter or circumstance touchinq ?i' Of,
or present state of health, habits of life, or condition. wb,"en-8,01.
render an insurance on my life more than usually hazalne se'
with which the Directors of this society ought to be 01 well'
quaidted; and that my private referees are well acquainteuto taf
and fully competent to give, the requisite information ebe P,
habits of life. And Ido declare that this declaration shall OW,
basis of the contract between me and the said society; s!'d pre"
if any true allegation or statement be contained in the 510,00 V
posal, or in this declaration, or if any material infortna"asiCl
omitted which ought to be contained therein, all moneYs,4,a 0
shall have been or shall be paid to the said society, on accudett,
such insurance, shall be forfeited to the use of the said s"-
and the policy be absolutely null and void." met!,
Now, looking at the wording of this clauserit may be !lfgro.--e,,
without much exaggeration, that there is no human hellos?.
earth who, lcoking on it as the literal condition of his c. a 111:
with a company, can possess a certainty that the even'oed 1'
death will place his family in possession of the sum sPecoelW
the agreement. It is a professional notoriety that titer
merous diseases,which may be in active play long befora.“lo tl)ei
istence is suspected by the patient or any one eise. Y,c„"cearseo
contrivance of making. the proposer warrant the literal ,ei eitille
of numerous statements, the clause above quoted wanl'altaet:ii
and nullify the polity, if it could be proved that the nivirattle",,,
had commenced his. ravages at the period when the toile 050cy
was issued. The responsibility of the party effecting 0 oefleo
-ance is unconditionayand wholly irrespective of the o°_,.nisir°
whether the " omission" of any fact, material or iminel' are
wilful or not. 1,, clecqh,
The person who makes the statement must not oo re. w• or
that he makes no wilful mis-statement—that he has rhveratelYve,
held any matter or circumstance," and observe, not del;',:ratiOn:De
of design, but that he has not done so at all. The decwaaatt ',a,
quired is absolute as to circumstances or possibilities i•ser.tbe dead
sphere of human knowledge ; and the responsibily of
~,,y,ll.
rant is equally absolute,- no matter how innocently be ''"
~ a dritini
been led into error.
All the authorities are of the same opinion as to the so,. -:ell_,-.,
divided responsibility of the assured. Thus, Lord EbOlbeeo;;.,;_ t
hear of any distinction as to whether an omission has. ,„..?, ' Lra
terial or immaterial. " If material," hie. Lordship obelts'h'erel?!ii
a materiality may be inquired into and shown ; but isfue as.eee
warranty, it is part of the contract that the matter i1a...;_:,,,r,
represented to be ; therefore materialitv or
nothing. The only question is as to the mere fact. ' T 1
I. n'umerotiV°' ,
has been affirmed, to the total ruin of families, --1' oat
stone of the Courts. in:via/ea
_4,saoli;loS
-er close the Ver,,ose
It may perhaps be supposed that however ti
tae _Thrty till
narrow the meshes which are entwined rcaina a itai
_,,,,,,t.
_...
life is the subject or assurance—however minute tan
_nyiac toe':
and liable to error are the facts, and yet
of law are the terms of the daclaration lie is cadet trii ever) ';',,
yet that by great care lie may be able to coinply I),'„,„tilialra,
:nand, and escape without a forfeiture of his policy. led of. S:
stringent in cfn , tett..,,
cannot do; for there is something yet more deireo..e,_ 4, oleo,:
before he becomes entitled to a policy—a requirenaa t.' ac
C'l'
a-Ccli'
the greatest Amount of care, and prudence, and scrupu , the e.
racy is of no avail. The proposer must give the-names C" sweP
cat attendants and two friends, each of whom returns 10 t, 0,
to- a long list of questions,. and the facts and staterno,A '
received by the company, although the proposer is not a",,c,
acquainted with any one of them, are yet as much the subjec,..4l
warranty as his own declaration, so that a wilful or inn id
error in answer to any of the questions put to these referees t 1
as effectually vitiate the policy as if had paeceded front 11t
assured himself. AVe can make room for only one example 01, 0(
provisions just noticed, which, we select from a large tarnilace,
similar cases, and from the practice of a highly respectable oilina
Wilshere r. The Law Life. Wilstiere resided near London, s'"iis
on ::everal occasions had consulted a London physician as toll,
health, besides having the advice of a country gentleman.p
came to London to effect an assurance on his lift-,,and. in
,V,ate'
to the question, " Who is your ordinary medical attfi,"..,:hose,.
gays the name and address of the London physiciamwpsr?r,
report and that of their own medical examiner, alli.. vaitsucia.
the a-tympany were satisfied. Sonte years after tit tile c wcin ,
died, and his executors were defeated aria claim a.g I
T''. oilier Or°g. la
pally: for the sum assured, merely, ?wo!:
_ll..›the piiyajcia
because the name of the surgeon, and not that 0
posal. blit
ought to have been inserted iu the pro
In consequence of this stateof
Lite Assurance, which:.,
mind -a general feeling of insecurity in
occurring in the co
~
increase by the perusal of numerous cases
post cf.them at P 2
of law and reported in the newspapers, I
antes, but man);
instance of assured parties against Life ConlPabeet each °the if
them in which Life Companies were arrayed ag.,_
_„,,,able, 50
The great desideratum was- to-make policies lebenFs' r„ as tOcul;1.
matters? there arose in the
to remove all doubt, and dissipate every aPPr . become
eag
certainty of the sum assured. being paid when
of Life Assurance much extended.. ,_,..,„0.e .. ,ev
"The-Indisputable Life Policy Company" unuc'filey issuMiej
whereby the public generally :would be benefited, and tl,,leehbtiissti;
and in order most effectuall to make the policies ".
, e isserteeeeie
disputable and certain documents- of security, We 7 ;or crew so
following clause in their Deed of settlement, tbeereeci`opso,,fol
an effective. and legal obligatoneinipeeative upon t"e' her to r
fulfil, and which it is the right of every assured mein
shill
and insist upon:— e, „epee', oliti
Clause 8-i. " That every Pllioy. issued by the uo--.04 the
..dit
indefensible and indisputablef. and the fact of isrtiiey ; a 71,11
shal- be conclusive evidence ofthe validity of the 1-
...of of of
shah not be lawful for the,-Company to delay PO—OstaNi'er,
money- assured thereby on the ground of any errer „foe fop
omission, however important,, made by or on the po'' 0. tool
son-or persons effecting such Assurance; and that, , es, , hot
trary, the amount so assurld; alma be paid at the titS` And
by Me- Policy, as if no suet error, ads-take, or onsigge'" ~ of
made or discovered." , ,be V7ed 01
We have said that the above.clame forms a part, 01,Ltilte'..agS0-'
Settlement of the Company,. and that deed being .T7isotina-
terms-of the Act 7 and 8 Victece ISO. there is nothingee in loll'
give-it the fullest effect. It is not merely to be failf4sto,oo
spectus or other circular, which. may or may not ha 0,00 • ,10':
the-Company, accordingjo. circumstances, but AM, roefe(oot,
poneat part of the existence of the corporate body, - ,"* theA
raise of indisputability ianot, en.ough. Such a clauses'beee2w
is required to give legal.efficacy. It appears to .hare otinilo
fully and anxiously prepared,. for the purpose-of &tf eet
every ground and pretext of dispute as to the.-vabf of ors.
Policy; and we confess..-that we cannot find any w0r0.7,10!.:
of sentences more operative,, effective, or conapplso":ll4
purpose. In order the more effectually to.. she d,
would invite our readers to. compare this clang prAi
law as laid down. by. Sergeant Marshall in thfie.,sni
already quoted from, that learned authority, „sill"
potable clause says—t Every policy issued by She CoolriK oi;
be indefeasible and indisputable, and the fact aflissoi4lo.' A 4 j,
shall be conclusive evidencisof the validity of the pail. 'o7,4in,
Sergeant Marshau„apisaitiog of the clause ordaaarily le ofl t 9
policies. says, `` it is quite. immaterial for what purPOetoriy!
what view it [a warrant] is. made ; but being owe Joe' „J. ~.,, '
policy, it becomes a binding condition on the assured) AA%
be can show that it has been complied with, be canwertje
benefit from thie pGlicy.,,' In other words, art liidispu9,
when once issued,, declares that, de facto, all precedent "af, itO
are held to have been finally settled, whereas .an orilioa„eill
declares on the.face of it that the Directors retain the Piotir
keep all theseouestions open to dispute, until they, hafetbeiS 10
paid the aniount of the policy to the executors. Agai11,....109,
potable clause says, "It shall not be lawitia for the CO
delay payment of the money
mistake, or omission, however
assured, on the grouud of ans'elpl
of the person or persons effectingim important,
wraadnceebio4fr °13:"13
i, The very meaning os
Marshall, °utile other hand, says, • b
complied with or not. Whether the thing warranted was
.____li
ranty is to preclude all question whether-it has etenedsubwa:2ll.o4,,
or not, whether the breach of it proceeded from (raw. n,, scll
mis-information, or any other causeethe consequenre;odispotj
—i.e, the policy is void." In the next place,„ the gored 10
clause says that, "on the contraryethe amount 5.0_„-";uch eii/
be paid at the time stipulated by the policy, as-it 27, , 'dr,
mistake,, or omission, had been made or-disioilerc7; Vet 1/ ,
geaut. Marshall says, "The warranty makes the ,„ is coni„ 41,,
thetical ; that is, it shall be binding if the leatr6P" Ice° ',
,pd ts ...
with. The only question is, has. the thing warranted los-1,(
or not? If not, the assurer is not answerable for all, bit ,I
though, it did not happen in consequence of the breach 4 If%
ready." Can anything be more conclusive than this PA;
the superiority of the Indisputable Policy ? The Ind ih
„"
Policy settles all precedent questions—an ordinary 139 .01.41,
them all unsettled. An Indisputable Policy declares, ogofrot4
fact of its issue, that all questions relating to the heal Aitl'
age, &c., of the assured are,, as far as the Company iseetAte,o,
set at rest for ever—as. ordinary policy leaves I tr-,
open to dispute, until the claim has actually been disci,
London Indisputable Life Policy Company, 72, LoIn1)3
Manager, ALEXA.XDIpt ROIIIiRTSON. Y

FOUR LARGE LOTS 4,
CHEAP PAISLEY LONG SHAviO iir.
'
Lot 1. Full Size, and Wove in One Piece, .el Is' ,
worth 31s. 6d. each. 'fid
Lot 2. An elegant Assortment, at RI 96'
worth 425. each. oa,'
Lot 3. Superior quality, at
worth 555. each. 0'
Lot 4. Equal to French, at
tri
worth 655. each. fele!
The above have been purchased greatly below'g 0
market price, and will be found well worth an
inspection. -
~tt,
HARRISON BROTERS,
CO and 62, CHURCH-STREET, corner of Hanover.stfv
i

COAL VASES AND FENDERS.

A NEW and Beautiful Assortment just re-
Or
the coming Season, Moderate in Price, and Good it'

yo, 1301,0"9-

WILLIAM ODELL'S

EXPERIENCED WORKMEN KEPT'

LIVERPOOL : DJ
Printed and Published every TUESDAY MORNII
Proprietor, ROBERT PEARSON THACKEIL
Percy-street, at the STANDARD GENERAL ore
OFFICE, No. 4, Sr. GEORGE'S CRESCENT,
Tuesday, December 4, 1555.

THR

Xilitrpoat .ztattbarb+

SECOND EDITION.

STANDARD-OFFICE, DEC. 4, TEN

[By ELECTRIC & INTERNATIONAL TELEGRAPH.]

LONDON, TUESDAY MORNING.

Owing to the receipt of very favourable accounts from the
Paris Bourse, together with a further decline on the Corn
Exchange and the prospect of some of the recently arrived
Australian gold being taken to the Bank of England, the
market, at the close, presented a strong appearance. The
operations of the day were rather numerous, and the rate for
loans on Government Securities was about 5 per cent.
In Paris on Monday Funds closed 67f. for money, and 67.50
for the end of the month, being a sudden rise of nearly per
cent. Exchange continued firmly maintained. All the
available bills on London being still bought up for transmis-
sion against Australian gold.
At Hamburg money has become comparatively easy at 6
per cent. About £60,000 of Russian imperials had arrived,
and had been forthwith purchased for Paris.

About £BO,OOO of the Australian gold, by the Oliver
Lang, has been sold to the Bank of England ; and it is ex-
pected that a considerable portion of the amount brought by
the Kent will be taken there to-day.

The Times, alluding to our relations with the United-States,
is happy to believe that the transitory difference leaves our
American critics better disposed towards us than it found
them.