The Northern Daily Times.
Liverpool, Merseyside, England, 1856-08-15 00:00:00

aade to contribute to a costly testimonial that

was to ornamen

al is the utility no doubt of giving one ;
y the Rev. Mr. Connor must have

3 feelings of these poor people

n to trans

fer, out of

gratitud(

heir days' bread and butter

to the honor and sere

e of a gallant officer who

de'd them far less than ti

The al

,important Health C

mmittee, at their

:1 yesterday, directed their attention, among

other mat

rs, to an evil that b

among

i cities, almost exclusively

to Liverpool—

NI
iced an institution so (1(

system

Slieil pointedly
structive to health,

:late as humid as is ours, and the assurance

zenerally,

Lie Borough Engineer, that the

eiving his best attention. It is
despite this and other

to see tha

68 belNi the averag

of eig

ht preceding years

cently made by MAZZINI in the present con-
lition of the Italian Peninsula, and of Europe
vere meant to bring upon his disciples
the most unholy carnage, and an age of unmiti-
gated sorrow and slavery. We have no faith in
this country in men who are for ever intruding a
yof the week was chimera to defeat a practicable end—who lie by

with their eloquence, facts, passions, and
prejudices, until the enemy has mustered his
forces, intrenched himself in every strategical
position, and is ready to sweep a few thousands of
deluded patriots off the face of the earth
Such is the position of the Austrian army in the
Le

nations, the French forces in Rome, the troops
in Naples, and the anti-republican army of
Piedmont ; and yet MAZZINI would call out his few
thousands of followers to meet the legions we have
named, and to provoke the moral hostility of every
Constitutional country in Europe •I May unhappy
Italy be spared such an affliction, and may the

cause of civil and religious freedom throughout
the world be rescued from so lamentable a reverse
and defeat. The Roman people may be led by

blind or wicked counsellors into the meshes of

preceding seventy-five years of life insurance from
the gaze of the public. Somerset House returns
do not penetrate beyond the surface of the provi-
dent kingdom. They are more romantic than

torical—more condemnatory than instructive

•ays contended, immatured sciences; and, like

all other calculations based on uncertainties, can-
not be pronounced either right or wrong, until the
last hour of the period of time over which their
probabilities are spread has expired. If an
office commences business to-day, it has tables
prepared on certain computations of risk, and its
probabilities may be spread over twenty, twenty-
five, or thirty-five years, and the rates of premium
are regulated accordingly.
Some actuaries and accountants of great prac-
tical shill and experience, and of unquestionable
professional standing, have demonstrated that the
premiums charged by new companies are
sufficiently high to secure all the benefits the
public had previously derived from the more
extravagant charges of the older offices; and the
only way in which the insured and the corn munity
generally can satisfy themselves whether they are
right or wrong, is by comparing the actual position
of the new offices with that of an equal number of
the old office,whose affairs the REGISTRAR-GENERAL is
not suffered to expose for some wise Parliamentary
reason. Take the history of the first eleven years
of the Amicable or any other of the old companies
in existence, and compare it with that of any of the
offices established in 1815, and let us hear the
An insurance speculation has little or no
connection with the present.. The benefit it has
to receive and bestow belongs to the future. It
needs no large amount of dormant capital
Those who, with the London Times, assail the new
companies, know this as well as we do, and that
publicity and popularity is all the capital any
insurance office needs, and that every insurance
establishment in Europe lives by and pays all

result

its liabilities out of income. An insurance office
is nothing more than a depository, in which
a hundred or more persons pay in so much
money, to pay off a certain sum on the deaths of a
fraction of their numbers.

At the commencement of such a concern, it is
necessary to expend a largo sum to get business
and raise an income. And until a company has
been in operation long enough to enable it to get

a sufficient number of policies to pay its expenses,
and for the length of time required to test the

accuracy of its calculations as regards the accruing

of liabilities, no one has a right to charge it with
weakness, or to drag its affairs before the public.
Hit pays its way, it ought to enjoy the privacy which
is allowed to all other joint-stock undertakings.

The old companies have been trying for many years

p their immense incomes to themselves, caring

ittle for those numerous classes who were wholly