The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1861-01-14

IA civil WAR ANDlIrK INsURANcE--Reb eI-
lion and clvll war b. ng up man, grave and in
poItaLt questions oil d hndncial cha acter, the
tnll be .ring OF which we moline 10 think the
South Ca DINA ms arger Is have not taken time to
consider, ami ore OF THESE is tia extent TO winch
lie insurance poi cIes viii be Wi led We have
been at he paIls t. ascertain some facts III con;
ns elton with tnIS su Jeet. TO wien II mag De well
10 direct III lie attebtio
1t IS pI"oab'y generally known that Southern
rIsks have never bsen iavo'lIes with our lite IN
| sur nee companies Owing to he reate ha3a DIS
of seus IA Il d euldcnc dlsea es 40 which resi-
gents o waIM elm les are exposed highef ra es
have lnvarla ~ been cherged Upon 20 icles issued
10 such re- dents Even at ad "a, ced rates, the
| assurances Southern hives have no Vie ded an
average prOht. } he 10 iUwlns experience, take n
from the actuares report OF one of the first La
lnsa ance Consan!es OF New YORK, may serve 10
Illustrate tins position.
I lie estlm lied number of deaths for period of
hiteen .ea's. among al assured res dents of he
over 62S; ne actual number 44e The est
ma'eo ioss IN the san e Q ass Was IL liz 9T6 the
actua ioss rs oni, S784 US. Amon. resiuents of
the GU A lantic mi Gulf States assured IN
this company, ii mum er II deaths for the same
tuil Der So. hs estms ted loss in this class
was S222 U-the actual less vas $50 so In tie
New gbnd and MItde states The ac,u u t. So
as soaIcei5 70 per cent. IF the estimate la The
Sou hern Atianac ana Gu states, At was 1877 per
cent
Though disc uraged by his apparent excess of
mortality IN the SOut,Ie Statea. the several Lie
sra C ouptnles oil the hoFtn nave bscome
con IN entl' liza j. Tor atodt IL 600 900 upon poll
cles OWNS 20 RESIDENTS the Sou,
In the event Of civll war, there will he four
ld'ers II tne United ctstes army Stationed at
heir several posts secess onls 8 Union laTtl-
sans. and saves Pc tcles of lte assurances con
tim d provision IN this 1urm: Provided tina, the
sd - - shall W thout the seat Ut tnIs
company, engage III al, ex IA hazardous occup.-
ION, or shall without su previous consent, en-
ter into any iiitary aeTvI whatsoever, (the
militia not IN active s.rvIee excepted or IN case
he sh al .iT D; the hands of stce, or IN t vo-
latlon OF any State. National or Provincial law,
This poi cy snail 10 null and void -
MlllJarJ men are Insured only against the oroi
mar TlSkS OF a 90 q eTS He CuTilg q state OF
lsace Bur a suld e. nas natural r ght TO act
upon the oeienslve against AZ attacking mob. and
the p mon Uf hI& h lei al au horltv In this
city, t!at IL he pers hed IL thus acting upon The
defensive, his pvnCt vi Insurance Won q lie Oiud
ing upon The company Issuing Inc case of
CapI nonT. Low at FuTs sum 1 ha les III
who holds poiic' ifom the New ok life lnsnT-
ahce tfnpans. was Instanced as case OF this
Character.
The officers of the several companies, thou h
generally DOUBT ng the strict leg ALLY of sue h
CLAIMS, dt- ., SD C. meet them Or thu GROUND
acting against the + edetal u. vernm. Ut. AT once
,itlale their ella MS, and the patti TIC citzens of
the South are IN 40 better Dos ton uneSs aching
strlct'y n the defensive. The Insur-n VI slal es
Won seem 10 he fur!e ted In event, for in tae
utter chaos that u d overwBelm he fou me n
States 1t the event Il civil con est. ella
b. c.iiected 1t is safe there ore suppose that
the hFst blast OF tuai ar bet cen the outa ard
the Fed raj y ,vernment Won sWeep ava, heatiy
5 IL 900 of 5, urLern cap tai
here Is h difference IN the provisions If the
Gles OF American Lille insurance Companies
and BIZ coip IN es In the torhef the MS Ired
,iett th3 puiioJ IN cons qu cnco oil treason TO,
TOR m Lk,ng war upon, tho UnIei states. The
BrIti hey 10 CT DdIIIoLed That the pc son n
sufed shall not enter into any military or naval
service whatever WI hout 81 &c al Hoe f,om the
oompan' and thai dolns 80 snail make the lusu-
Void and worK the ioffoitrre Of all the pre-
mlums paid ~. I CDIQllsTctui