The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-11-23
PRICE TWO CENTS.

the mott minute ca cuation-tLs mere yar,stisn Of An
eighth quarter p cent dec ie- the fate oil the year.
and peculiarly consh tntef mind indispenssbie tr
and bsxa ID tt In saying tsat Is no nas
living who Is Mr. Jones' superior the bu which he
is engaged and the brilliant succ So that has attended hs
abors proof of wh at say that cannot ae
ed and 1. not just that should manifess apprs
something EN- emblematic-taugihle And is ~ not proper
that We should take some small sum from that treasury
that he connues to supply bountiully and which IL
now running over and appropriate in this way - hsr
designed something that he refer TO- and look upon
when advancing and declining health shall sdno
nsh him that the glory and the honors and the riches OF
this world are passing sway,-but that his name,
craven on this plate before and which ne receives tha
evening reward for mis- long faithful and devoted
services shall remain for centuries and perhaps ba an
incentive to others to follow his noble example that
they hereafter be able to render good an account
| Of their stewardship as he has done.
Az conclusion Of this address which was received
with repeated applause the President that the
presentation would now IS ke place Coming down to ths
table on which the service he It
in few brief anaapprcpriae remarks to Mr. Jones' who
| ments before he could reply and then wcrin
| were almost inauaible. He spoke fclows;-.
Called here by the generous Iberay Of the Trus-
| tees Of the Atlantic autusl Insurance Company, (
| ieei highly honered In seeing around . many
Of our distinguished merchants cnd other Gentlemen
many Of whom am accustomed 70 meet in daily
intercourse and to consider FRIENDS OF an early
day. can but ieeby express to you sir my sensations
ton to me, offered at the Beard your original
ton reeoutions which weIe una nimousy adopted, AMI
accompanied with tie most gratifying remarks. nov
accept from your hat as with my best thap.s you tD
the committees and the members of the Board collectively
and inoivduaisY not only for this, hut aho for many
former tfvors received from thew, all OF them
my warmest Acknowledgement for this last choice
ug 81 the Trustees, the inscrip4 which informs
That is testimonial of their regard, and for my iah
nl ara efficient ssrvices Presidsnt Tasteful rch
and this ierGd service OF plate Is am ruy
ling that shooa be understood taat prize for its In
tinsc value only; value ii far for the esdurirx
record it enables me to retain OF tho rsgsrd and
the evidence Of s valusd probation of the
lupe 10 be able 70 the safely throuxa NV
lifetime as family remembrsnce and a,so hsresftsr "a
II mt fntu di.un ns
serve II for 81 tims to Gentlemen busiossa
o. marine insurance which has occasicned thu pIeen
a1op just nnde Is established in this city upon bass
entirely dte ent from that Of former years The xed capt.
tsa q he I'D companies have been entirely withdrawal
IN essh tho claas OF who formerly the chief
psr az the stoelS of the ca companies longer
business although crgnal? received with great dstruss
ny nsny has now grown into favor and ID he system.
Mutual Insurance Company pay back lts dealers IN
nine osr iliors OF dollars Ia cash nd one mlioa
IN certificates Of profits epresentrg the reEeryed cspta
tie comrany having On hsnd ct this time total OF
edsg four illous secprity its pacy hodera
oie OF me great ocaiaes IN safely conducting the In
siance business u he ipossaity of ascertsniuy with
entire accuracy the precise OF particular ards
losses vary s,eAuy in different years. premium suR-
cient for agge9ats Of years may prove very made
Quste TO rtes the losses Of 'ugs dissstrous year
another difficulty is the strong desire OF peting
pGnss 90 run Gown tie rates so low during favorable
years that they unable TO meet the losses that
during periods Of s6Yersty and disasters failures
the have been greatly aic By the
Vice Fesaens OF the company and particu so for
rcnBy years BY my very worthy capable and exessnt
iiend Mr. Josiah L. Hale long and fayorabIy knowu to
most you and very much fegret TO say hat for the
last two years his feeble health has not allowed him to
csyots the tine he wish'd to the duties of his office
after the formaity of the presentation the CH
arnounsed the first regular toast follows, which
responded t, cy Mr. B ooks:-
lie Government OF the United S.aeIHonorsl A. hons
anS e'erywhere resi- eeted
2he Ceaias OF Com mnerce-Cyil.ation and psa,e aud
freedom shs carries in her hsndrestasss follows in hse
ar o.rsS replied ID few brief remarks. Hs fsit graft
aad in being called upon TO respond 70 such toast and
vas pe@e ~ sesing 60 many Of tho merchants Of Nev
York assembled 10 pa! ast tr6u'e to Mr.. Jones. he
then spose OF ;ae superiority of ships those OF
sns oher count y, Oh e mechanical gsni2s exhibited Ia
their construction, the skiil with whca they
eyed, ana cencuesd with eu.osy the commercial
terp is- of cur yeops.
The third tosst was then eiren as follows
Commercial Law equity aai fash, i.s
Mr.. losp respuesa this b. occasion 70.
calls my misd recoecsions which, they Ars
perfolal must pray your Indulgence for single
msIt while relate few of them. When hrst
called into tie fevice Of this company it almost Ia
tho commence ment OF my professional life. The
that have heeu given here to night foi of touch
lrg remembrance; many OF them have suScunbed ~
coamersl misfortune; many fallen before the grsas
destroy and survived DO hosorei Veterans
OF the commercial community confess thit the allu
and feel quite willing 20 lay ASIDE any clsIus To
professor ant to say that it is the drst
and best Of Professional honor 10 be treated az an
equal and be invited guest with the Commercial
nobility OF the world (App ausel onf other remark
This spendd trophy reminds ms, OF anssnt ri
II spells be he'd tateaa great triumph of course.
but fun of misfortune, Distress calamity. wreck and
ef no mans sghs they ,e Us Of no mans tsars NAV
say 70 you Ia confidence that in the administrator u
the ,s rs OF thit company mans claim has been de-
yed that might BE- settled at lover rate, No mans
claim has been reEsstei merely bscaase the law would
warrant resistance Appsuse) IT has not been with
hs view of any yd interest that tho affairs
OF this company have been managed BY its directors
rejoice IN ibis exhibi ion as psrpstual memorial that
there ere trunpks in greater than th trumphs
IN war; and although see men before who
yss, who conquer countries, tey together TO celia
braie tis triumph OF justice, peace, good shth, aaf
CONNER; ;sl diieence. Er Lord resumed his seat aud
the following toast was giveo =
The Daily PressIndependeat and the peoals,
There being person TO respond TO tais toas the
was proposed lir. Bokee responding =
The Marine oiee, ths competition, sas
The PRFsInENr read the Following letter from Mr. H.ls
which was received with three hearty cheers sE that
| gentleman
Gentlsnen- is with sincere regret that cannot,
account q health. enjoy ths pleasure of meeting With
the Board Of Trustees and their invited guests this
ing st hs AstoI House 1t would afford great graft
desuon to cine With the gentlemen and TO be present
and esteemed friend Walter Jones' Eso the elegant
service OF plate that has been prepared for that
POI me here 10 say That this beautiful anS we'll merit
ed g from the Board is entirely in unison with my OWE
| he.irss.
The pleasure of meeting would also be much enhanced
by the fact that csnnc again expect to have that pr
vege it is known many OF the trustees that early
attend, account Of my health to close my Official rsIS
have been r,ry happily associated with two Of you-
con misee, in the cid and new Atlantic, mors thai
twenty four years and with nearly all thu members "
the Board many years. aud t-us not insensibe FOE
| the many favors have received.
With kndet wishes for ths health prosperity AMI
happiness Of eneh member OF the BoIri truly,
yunr obsdient servant, JOSIAH L. HALE
The following toast given b. the President, asa
responded to by Mr Thomas Larsy brother os ths aso-
| tlsiuen b, whom the letter written =
The health Of Thon q. Carey OF Bostonue Se
early friends and Associates and be
US al sltho l-h now residing IN . distant city.
| ed after which the coapany dispersed. Dodworth's .
band was present. and played some excellent pieces
Mnncus nnent or Rnnrs