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

shield between her citizens and the
"",ragcs Of this government. The
spirit of resistance 10 Federal augrcss
ION was universal throughout the State,
but we differed rs to the "mudc and
measure of redress. Sir, advocated
the policy OF secession, and the princi
pie lying at its foun,ation-tluc
principle of State sovereignty, to
retire from the federal compact, and if
you dared to as~ail us, to meet you
upon the open field; to meet you with
bow and brand, and fight out the
q arrcl. Sir, | owe aiIcgiance to my
State and only through her to the
Federal Government. Whenever she
recalls That allegiance. lave nu fnrth-
rr connection with the Federal
Government, and | scnrn your clarnors.
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 party;
but, as he has nncquivucaIly disclaimpd
an, thing personal or offensive. shall
make n" personal reply 10 him. OILY
desire to say to The House that was
Il member of the secession party OF
South Carolina, and whoever says
aught against he honor or character
of thai party ] will answer them with
munusy liable.
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THE SOUTHERN MUTUAL LIFE IS.
srRAScE CoMrASY.-At the las. scs
sion of our Legislature this company
was chartered and has commenced its
operations. The following are its
officers:
Hon. w. f. DcSausure, President, t,
Prof Z. L. McCay Acluary, DR.. John
Fisher, Treasurer.
DIREcroRs Hon. w. L. DeSau
sure, Hon. Jo II S. Preston. DR.. NJ.
Labordc, &. +. McCay, Dr.. j. McF.
CASTOR, John Bryce, Richard SondIcy,
Dr.. John Fisher, Edwin j. Scott.
james V. LyIcs, Dr.. } w. Parker.
!. NJ. Aleu-, Hon. j. B. O'NenIl.
Thomas e. Perrin, J. p. Reed, Il.
Ward, John a. Bradley, X. Dublin.
{. a. DcSausure, b. c. Presley, w.
=. Martin, j. Wniiori Tucker, Rev.
N. Martin, Rev. VIM. Crook.
The rates adopted for Insurance are
lower than those charged by good
Northern Companies for residents of
the South, though higher than they
charge for persons residing in The
Northern States.
Thus for insu'ing $1,000 for one
year ut the age Of 30, the premiums
required by the Mutual Life nf New
York is $lG.:3 by the Mutual Bcne
fit of New Jersc, it is SIS 10; by the
New England Mutual of Boston it is
$l4.20; by the Kentucky Mutual it
is sI7.6O; while by this Company ii
is $3.50.
For insurance for $4,000 for the
whole life at the age of 80, The preni
un, in The Mutual Lit;, Of New Yolk
is Sl40.l0; in the Mutual Benefit OF
New Jersey it is $1,000; in the New
England NJ tuaI ui Boston it is Sl26
sos in the kentucky Mutual it is
$4,000; while in the South Carolina
Company it is only $4,000.
From these rates this Company
dcducts one fourth for The first year,
requiring no note for the reduction,
but rcnllting it entirely. The first
payment for 81 900 III the aye of 30
for one year is only S907. and for Il
whole Lille policy only slS.75.
For subsequent payments after the
first, q reduction will also be made in
proportion to the snccess and profits
of the Company
The object of Lii: Insurance Com
panicS is to make provision for the
widows and orphans of their members
Every person who joins the Company
pays in il small annual amount, and
these premiums and their accumuIa.
,ions ut compound interest, form IL
fund out Of which payments are made
to the surviving families ofthc insured.
No more benevolent, prudent and
wise disposition can be made of his
funds 10y any husband or father, who
has not accumulated a competence for
his wife and children, than an invest.
ment 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 asccrlaincd. BY examining the
bills Of morality at several places, it
is found that the risk OF death among
II large number Of persons is almost
invariably the same. This risk being
known, he proper premium for each
insurance is readily ascertain. d.
II The premium is sufficient aud
safely invested, the security AMI
stability of Il Life Company is unqucs.
,i"nable. AS our funds cannot, bv
the character, be invested except in
State Stocks or in Binds or Mortgages
on unencumbercd real estate worth
three times the amount of loan, q loss
Of the funds ia impfssihIn