The weekly North-Carolina standard. [volume] (Raleigh, N.C.) 186?-1869, 1869-06-02
Eira aud Life Insurance.

Fire and Life Insurance.
rrl,oro : ~, derortment of business IN the
country. which has increased SO rapidly, OF
so widely diffused its benefits within few
,,oors MAST as that of Fire and Life In
oo Those benefits have exhibited
themselves in such tangible and real man
uer that the Institutions which have con-
ferred them, and all other of similar
character, established upon reliable basis,
are Justly and universally regarded as great
phianthropic and Humanitarian enterprises.
So many liberalized features have been IN
troduced into their management, that the
terms, upon which the public can avail
themselves of their advantages, have become
most easy and accessible. A very small
amount of money, comparatively,
amount which may be easily saved out OF
almost any mans superfuous expenditures
in the course of year,-will now enable enc
TO place his family or creditors beyond the
contingency of pecuniary loss by his death,
or protect himself against the hazard OF dis
as,er by fire. This fact is daily more and
more impressing itself upon the community
at large, until it has almost assumed the
shape of religious sentiment, that he, who
has others dependent on him. owes it to
those thus situated to provide for them be-
vond the uncertain issue of life; and it is
also coming, very properly. to be regarded
as a sure indication of personal or business
thriftlessness, to neglect immunity against
loss of property by fire.
Some approximative idea may be formed
of the immense business now being done IN
the line of Insurance, in the whole country
from the exhibit, recently published, OF the
losses actually paid, during the year ending
December 81, 1865, by the Fire and Lille
Companies located in the State of Neao YORK
alone. Thus: The amount paid for losses
by the Fire Companies reached the extra
ordinary sum of $11, ia, O92, and in the Life
Companies $3.50, 525,-making total OF
over secenteen millions Of dollars! 1t is not
difficult to estimate the blessings thus dis
pensed,-the amount of suffering prevented,
the widows and orphans cared for. and the
numbers started atresh in business, who,'
without the forethought thus exhibited
might have been penniless.
1t is gratifying to see that the South, I'M
der the new impulsions which are being
given to industry and enterprise, is prepar-
inc to enter the enlarged field of emulation
presented by Insurance,-tO reap ats profits
as we'll as dispense ats benefits We have no
disposition in this matter,-nor, indeed, in
any matter.-to draw sectional lines. The
Insurance capital of the country, represented
BY so many excellent and responsible Com
panies. is for the benefit of the whole coun-
try: it knows no North no South, and has
nothing to do with State Rights" And
vet we hold that, in Insurance, as in every
Other branch of business which promises to
build up, to encourage and to foster, our
paramount duty, like charity, begins at home.
That is our motto. We must support oar
o,cn State InSthuti0ns-M Manufactures, Col
leges, Schools, Insurance Companies, News
papers-first of all, if they at all, intrinsi-
cally, deserve patronage. If, by so doing,
we can keep in our own midst, to be turned
over and over again for the common adj
vantage, the immense sums of money that
are now annually sent out of our limits to
enrich others, at the expense of our own
impoverishment and the dccadence of our
own enterprises, we shall have accomplished
a great work in the right direction we may
then expect North Carolina to resume her
ancient position and to become one of the
most prosperous States of the Slsterhood.
To do this is no injustice to others; to fail
to do it will be suicided injustice to our
selves. -...
In this general connection, we desire to
express the pleasure we have experienced in
learning that the Fire) "Home Isurance
Co.," of this City, is progressing so au-
spiciously in its operations. Although it
has been in existence but four months, it
has written about two hundred and fifty
Policies. and it is met, on all sides, by in
dications of popular approval, and mani
fest determination, on the part of our peo-
pie. to sustain it. This is as it should be.
We predict for this Company career of ex-
tended usefulness and prosperity. a4.
We are not informed as to the status of
the other Companies chartered by the Legis-
lature,-all of them, we believe, Life Com
panies. Properly manipulated, there is no
reason why they shall not be made success
full. We are ready to give them, and every
thing else that promises good to North