Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1847-02-06
JEFFERSON CRY, Jan. Both, tS47.


Messrs. Brssos Il GsEEN:-The eleventh
week OF the session has closed, and, as yet, no
disposition has been made Of the great questions,
which Il was supposed were to be decided by
the present Legislature! The Senate, indeed
during the past week, has been engaged in dis
cussion on the subjects Of Education, lnterna
Improvement disposition Of the Land proceeds
on elective Judiciary, and the subject OF Corpor
atoms generally. As to Education, the Senate
are strongly favorable, even 10 taxation therefor;
Internal Improvement is every body's buncon'be:
the Constitutional amendment for an elective
Judiciary cannot receive the Constitutional two
thirds majority; and the Senate has proven itself
much more conservative upon Corporati one than
might be inferred from Claude Jones' Repeal
Bill, the other day.
A number Of bills TO incorporate new compa.
MES, or to amend the charters Of old ones, are
before both Houses; and in the Senate they meet
favor. Among the latter, is bill supplemental
to the charter OF the Home Mutual Insurance
Company of ST. Louis-the only Institution Of
the kind in the State, and by ell odds the most
Democratic-in the true significance Of that
term. Corporations based on the Mutual prin,
ciple are numerous and popular in the old States;
and this Company would seem to have met much
favor in St. Louis, when it is nsidered, that,
after having been in operation only six months,
it has already capital Of $4,000, with prop.
ery insured as pledge for its stability, oil
| 4S00 000I Tho pr,pc;,la ,phirb tbo ;psti
ton acts is this;-Every man who insures is a
member OF the company and virtually director.
On receipt Of his policy, instead of paying his
premium in money. he gives his note,-on which
he pays ten per cent for expenses. Then, if a
loss occurs, an assessment is made on his note.
The security for the note is the property insured
The term Of insurance is six years, though the
insured can withdraw at any time after 80 days,
il he chooses. Only two>thirds the value o.
buildings, and half that Of personal property is
insured. A man wishes to insure very safe
brick House for $1,000 for six years. The
risk is taken at 4 per cent; and that will MAKE
his premium note $40. On this he pays II
per cent down, or g. And he pays no more
for six years, unless losses occur: and the expe
rence OF all the Mutual Companies in the union
show, that not more than onehalf the whole pre-
MUM note Tor 500 is ever called for by assess
ments, in a period OF six years and general!
not more than one fourth, or $40. This kin,
Of Insusance seems to me the very safest ane
cheapest that can be devised. There are nj
enormous dividends here; and, Of course, TIT
premium demanded and paid must be lower
There is nothing but losses and expenses to meet
But enough o. this.
Monday, in the House, a "Resignation' wa.
received from Walker Of Dade Next da
Bowman Of Ray, Wing, offered Resolutions
declaring Walker Infamous and that, had he no
, resigned, he would have been expelled-whcI
resolutions were Indignantly voted down-o
course. To cap the climax, on the next day
a resolution was adopted giving to Walker hi
per diem allowance, from the time he sloped
D until the date Of his resignation! So, the rasca
was not only not expelled for his ignominiou
crime, but. he was not even reprimanded; ant
finally about 500 were paid him-for an ab
t sence Of more than month from his seat, ,oiti
out leaue! Rich,-is it not?
Monday morning, an attempt was made l.
dismember Cooper county-for the special ben
eft of Saline. Mr.. Sappington, the successful
rival of Bingham, made sappy speech. Mr.
Speaker Jackson was boisterous for the measure
but he found himself badly in the vocalive a
the close. He and his measure were defeate
, by 45 to 81! But it is no unusual thing, nov
, a day, for your distinguished member to fnc
himself in minority. The Sceptre, alas! hail
indeed departed from Judea By the by, tn
metropolitan" has taken up the cudgel in de
} fence OF the honorable Speaker against you
, ~. R. W." Some OF the rival candidates 70
the gubernatoral chair demur little to hi
seeming partially.
Monday evening, an~attempt to resuscitate TIT
a Womans Bill (another Of Jacksons pets) faile
by 46 TO SO; and, yet again, Wednesday, il
another form, the measure was killed by II t
e %. So that measure, may, suppose, be cor
S sidered dead for this session.
The 18th OF February was fixed for ad ourn
! ment, though how it can be accomplished is nc
. easily seen.
Q Tuesday, in the House. the Representativ
scheme was reported. The ratio is about 5000
No county can have more than seven members
j. and no new county member without three fourth
L Of ratio. Whole number Of members 1872
L