Northern Times.
Liverpool, Merseyside, England, 1860-02-02 00:00:00

naight,be found *uffieient frow..tifiltita time to meet the
interest
concern.
borrowed,Lind tin, weekly elpeuses of
the •• money
.J
• • '

Mr. ItiTcHEN seconded the amendment.

liopsoN admilied—that—the—Principle suggested
was a good one, and that the committee wouldf,be
prepared to re-consider the matter.
Alderman DENNETT said lie. 'should be glad if the
proposers of the Rivington scheme were obliged to pay
the .whole of _the defieiency out of their own pockets.
(Laughter. Ile pointed,' out, as follows, the various,
dqficiencies which the Water Committee had now to
encounter
- - 1858. Expenditure over income• £23,000
1859. Interest on the above l,OOO

Expenditure. over income,

Interest oh-the ablav e.

Expenditure oVer income

1861.
Iseterest on the above

Focpend iture NW. incotree.

'43,030
2,000

Defloieneyon the end of the fourth year trEti,ooo

The TOWN-CLERK explained' that according to the
Act of 1847 the Council Would, have to regUlate theper-
centage in suer a way so as net to leaven surplus,' The
actual proce,eds must just equal the expenditure.
Mr. GLADSTOZSE thought if a' man took a large house
be took it as he Oaok a wife, ''rer• better, for worse,"—
(iaughter)—and if he did not fill that house,, that was
his own affair, anti not the Council's. Her disliked the
graduated scale.
Some further general discussion followed, and Mr.
Beloe's amendment was carried without a division. .The
remaining clauses ware: passed, and: the bill approved o?;
and the Mayor was authorised to the corporate seal,
Mr. JI3FIIERY moved- an nddencra; to. the amendment to-
the effect that the per-centage shoula be greater bevondl
the borough than .within it, on .the ground that the-
parties within the boros gh. were contributing separately,
to a water fund,- to which parties residing beyond the.
borough were not contributing.
Mr. KrreirEri second the motion;

Mr. FAILLE said therougPht to consider that they had
taken the• well water away from the people residing oat-
side the town. . •

Mr. Nerr. said it was,s a complicated qmstion, and
that they would not be -justified ooming to a con-
chision omit at thaelate
After a hrief debate, Mr. Jeffery consented to -with-
draw his motion, and the general proceedings of the
Water Committee were coofirmod.

THE CWEEN INSIJRANCMCOMYANY 11:ELOR.

• Mr. Piceort,wished to sail theattention, of the Coun-
cil' to a circumstance arising out of the- proceedings of
the•Wates Committee. He must say that during the
time he had been in the CrOuneil he &direct recollect any.
occasion: on which a'memlier-had tried ttedepress a rival
in-trade, or-threw diseredit-upon--a-commereiarcotirettr
H6-had to complain of, en, attack;made in the Water
Concinittee at the last Ile- iead; in a report
printed. in the Northern Wines, that- "It was-reconr--
mended by the. Finance, Sub-committee- that the: new
offitee,.Old Vitirchyard; should be insure.d. in the Queen.
liiwurtinee Office for £600.r A member was reported
to have said, "That'Within% the' lust'. few-days /here had
been, put hit°, his hands a prospectus oil-the Queen In-
surance Company; but, although it covered-seeeral pages,
hi- did not once, find the, Word 'capital'' introduced."
Sufficient was reported to' iAsinue te that itwas a &Wiens
affair, without capital, palming itself on the public,
and ktoliciting the business of "the 'Corporation upon false
grounds. That was a serious -charge, andshoincl not be
lightly madengainst a company which hadhithetto'dime
its-business- in a manner nottinferior te% any other con-.
cern in the- kingdom. It was quite. true that, in they
prospectus there Was, not an. immediate. reference •to
capital, hut that was mentioned iu various other decu:;
ictents connected With the company, Ind if the gentle-.
man had turned to page 24, he would have found it
there 'stated that the ,amount of capital was half a.
million, £M ,000 of which had been subscribed and paid
up4n the same proportion as the eapitalbf the Liverpool
Insurance Company; The Ecoyal Insurance Company, and
many other respectable companies. It was further stated
in-the report that there Was an objectimetoinsuring in, this
company because several members of the Ccuncil were
Members of the company, and the: matter was Therefore
referred to the Town-clerk. He was- astonished at such ;
a- farce being enacted. Why, had they not Mr. Charles
Turner the ehairnittiOof onnooneerre and Mr. Earle the
director of anotlaericompany, with which they insured
• Had they not, directors of the Gas- Company amongst
them.? ' But in this particular instance there must be a.
special report froin the Town-clerk. What coup
be the object .
but. to' 'throw disoredit upon a.
commercial concern for. which there was not
any reason whatever., The object was Clear,
There was once a certain body of craftsmen who cried
out "Great is Diana otthe Ephesians." Why? Because
their craft was in danger. The great Diana wax,, the
Globe Insurance ComPeny, for Which the gentleman in
question, who had made thereinarics in the Water Com-
mittee, happened to be the (Laughter,)
Mr: BELOE said he' supposed he' was the gentleman
referred to as the 'agent' of the 'Globe ; and lie spoke
with more freedom, --because he 'thought! it bad. been
always understood that it was the practice of the Council
to give their insuraneee,to the Royal and the Liverpool and
London companies, and therefore he could not speak, as the
agent of the Globe, with any wish to disparage any other
insurance office, He tindjrstood that the business was
given to two of the local companies which be had mentioned;
. but the other day there had been brought under his notice a
prospectus of the Queen's Insurance Company got up
in the-shape of a 'very elegant 'mediaeval pamphlet.
(Laughter.) And rather jocularly Ahan otherwise he
had
,mformed the committee' that, although it covered
several pages,: there was, no anentionof "capital:" Mr.
Picton had topl them that there was,,bilt he had failed
to read the words to the COunc4. Now,, as a. member
of the Council, and as one of the trustees to the public,
he' had ventured to point, out' that the word " capital "
was not mentioned, and then Mr. Crellin said, " Why,
Hodion, the 'Cliairinan of this committee, is a share-
holder in that company. 'Why not give me' an order for
plumbing as well-as give-.-that company an order for
insurance."
Mr. CLINT saiEthe ,Finanee ComMittee having been
applied to, ordered that the
_Queen Insurance Office,
being a local affair, should have a share of the corporate
buSiness. , He must say, when he. read the remarks
referred to, the 'inference ',he drew was that there had
been'an attempt to injure the "Queen". Company. .He
had been,' however,
.very glad to -hear the explanation of
Mr. Behie, and he. hoped the little episode would be
allowed to pats. • •
Mr. STEAINS said it was but an act of bare justice to
.many members of. .the Finance: Couimittee,- who. Were
directors of the Repel and the Liverpool and London
Insurance Offices, to say That they gave their ready
assent to a fair share-of the. buSitiess of the Corporation
being given to the;"Queezt" office. " They thought that
an insurance effected in an office so -respectable as the
" Queen," was quite safe. - - -
The TOWN CLERK said, the ,Municipal Act eaidlhat
ziO member, of the council should make a contract with
the Corporation, but it provided that numembershould
be disqualified by reason of being a shareholder. in any
gas; water, or insurance effice,. with Whieh.the Corpe7
ration did business.' (Hear, hear.)
The Matteithen dropped.
BATIiii(6O3,I3IITTER:—A BATH FOR EVERTON.
The proeliedings, resolutions, and reports of the Bath's
Conimitte wire read, comprising a 'recommendation that
the reservoir at Everton-valley bo converted into baths,
according to plans submitted, at a cost of £5,000.
Mr. WAGSTAFF, in ;moving. the confirmation of the
proceedings, ;said that a previous plan had been sate-
mitted to the Finance Committee for a bath that was
proposed to be , erected in Margaret4treet, and to cost
; £2,30. The Finance- Committee reported that they
had that sum at their disposal, but the Rev. Mr. Leiter
and others suggested that theresevoir in Everton-val-
, leyshould be converted into batlaii, and to this the commit-
. tee assented. The accommodation would comprise forty-
eight private
,baths. -711 - whole buildiug would. be
covered 'in; and the &pen's& would be £5,000. The
' plans and estimates would have to go before the Finance
Committee, but if that committee were unable to find
the funds, then the Baths Committee had power to levy
a rate to raise them. He moved that the matter be
referred to.the -Finance Committee.
Mr. CROSTHWAITE seconded the motion.
Mr. TEFFERY thought the amount to be expended
• was too large ; at, the same time he wished to see baths
erected for the people of 'EVerton.
Alderman COOPER did not see the use of referring the
matter, as the Finance Committee had only £3,000 stir-
plus in hand. 1,