The Sumter banner. [volume] (Sumterville, S.C.) 1846-1855, 1855-01-31


>hleld between her citizens and the
onlragcs of thus government. The
spirit of resistance 10 Federal augrcss
ion was universal throughout the State,
but wc differed us to the "lnude and
measure redress. Sir, advocated
the policy of secession, and the princi
pie lying at its ioundatinn-tl,c
principle of State sovereignty, to
retire from the federal compact, and if
you dared to as~nil us, to meet you
upon the open field; to meet you with
bow and brand, and fight out the
q arrcl. Sir, owe alIcyianc to my
State and only through her to the
Federal Government. Whenever she
recalls that allegiance. | have ,,u firth.
or connection with the Federal
Government, and scnrn your cIanors.
and tramplc upon your hozyanas to the
Uni.n.
Sir, regret that the gentleman
from Maryland has introduced the
notification and secession party in
lnXtaposition with the Abolition purty;
but, as he has nncquivocaIly disclaimed
any thing personal or offensive. shall
make II" personal reply TO him. My
desire to say to the House that was
Il member of the secession party of
South Carolina, and whoever says
aught against the honof or character
OF hat party ! will answer them with
IL munosy ylable.
~-~r-..-o-..~-~----o-
THE SOUTHERN MUTUAL LIFE IS.
| sURANcE CoMpANY.-At the last scs.
sion of our Legislature this company
was chartered and has commenced its
| operations. The following are its
officers:
Hon. w. T. DcSansure, President,
Prof Z. I. McCay Ac,uary, DR.. John
Fisher, Treasurer.
DIREcroRs lion. w. f. DrSau
sure, Hon. Jo II S. Preston. DR.. NJ.
Lab"rdc, &. +. McCay, DR.. j. McF.
Gastor, John Bryce, Richard Sondiry
Dr.. John Fisher, Edwin j. Scott.
james Y. LyIcs, Dr.. j w. Parker.
}. NJ. Ali.li, Hon. J. B. O'Nea!l.
Thomas G. Perrin, j. p. Reed, II.
Ward, John A. Bradley, r. Dublin.
.. =. iIfesS5a,.sa:,, /. G. Presley, ~.
+. Martin, j. Wotlord Tucker. Rev.
! ~. Martin, Rev. W.m. Creek.
The rates adopted for Insurance are
lower than shose charged by good
Northern Companies for residents of
the South, though higher than they
charge for persons residing in the
Northern States.
Thus for insuring $1,000 for one
year ut the age Of 30, the premiums
required by the Mutual Life nf New
York is $l6.33 by the Mutual Bcne
lit of New Jcrse, it is SIS 10; by the
New England Mutual of Boston it is
$l4.20; by the Kentucky Mutual ii
is *l7.6O; while by this Company i,
is $3.50.
For insurance for $4,000 for the
whole life at the aye of 30, the preni
IN, in The Mutual Life OF New Yo,k
is Sl40.lO; in the Mutual Benefit OF
New Jersey it is $1,000; in the New
England Nj tual OF Boston it is $l26
sos in the krntncky Mutual it is
$4,000 while in the South Carolina
Company it is only *l25.OO.
From these rates this Company
dcd"cts one fourth for The first year,
recurring no note for the reduction,
but rcmitinS it entirely. The first
payment for 81, 900 Il, the aye of 80
for one year i, only s997. and for Il
whole lille policy only *IS.75.
For subsequent pa. nlents after the
first, reduction will also be made in
proportion To the SUCCESS and profits
of the Company.
The Object of Life Insurance Com
panes is to make provision for the
widows and orphans of their members
Every person who joins the Company
pays in small annual amount, and
these premiums and their accunula.
.ions ut cunpnund interest, form a
fund out Of which payments are made
to the surviving families of the insured.
No more benevolent, prudent and
| wise disposition can be inade of his
funds 10y any husband or father, who
has not accumulated competence for
his wife and children, than an invest.
,nent of part OF his annual income in
Life Insurance Policy.
The uniform success Of Life Insu.
rance Companies, shows that the true
value of the risk insured against is
well ascerlained. BY examining the
bills otmomlity at several places, it
is found that the risk OF death among
large number of persons is almost
invariably the same. This risk being
known, he proper premium for eacIl
insurance is readily ascertain d.
II The premium is sufficient aud
safely invested, the security AMI
stability ofa Life Company is nnqucs.
ti"nablc. AS our funds cannot, by
the character, be invested except in
State Stocks or in Binds or Mortgages
on unencumbcred real cstute worth
three times the amount of loan, a loss
OF the funds is impossible.