, 1870-04-19
Formation OF the Republican Party.


7" the Ed,hr Of TIE CAioaqo Tribune:
I have seen u nuraoe1 Of state
mcnta in your paper with regard
to the organization of the Hp45lcan
party. Being present and ono Of the number
take the liherts Of sending you this comru-
nication on tie subject. call wa. issued for
na.s meeting, without regard to party, to
assemble August !, 1854, in the Court House
square, in otssws, n. The people assembled
il tie afternoon. Onr present Circlit Judge.
Edwin L. Leland. was appointed Chairman OF
the meeting; stated its object and made
telling speech against the aggreEslons OF tho
elare power Speeches we're made by Sweet.
Of Peru, aud Hopkins, Of Morris. A letter
tive IN Congress, which did not read much like
Andy Johpr onieTn-
Among the resolutions. Resolution No. S
reads:
M.oIItd, That In cooperation With the friends
form ourselves Into the Rp"bIica,s ,a1ty, pledged
to 1hs asSeInpl!shnGnt Of the toi,os4ng purposes,
n; toT; To- 6F1ns ths administration buck to it,
To restore the prohibition of slavery to the Ter
r!torsS Of kaEsas ant Settaska. anil to prohibit
hereafter acquired b., thr United States
To repeal the Fugitive slave Law Of Octoher 1s:sa
To permit where slavery exists to continue t, he
flnn before their eyes shall induce them to bene-
1t themselves ty lts abolition.
To protect the constitutional rights Of ali citizens
To advocate the democratic md approve the
asstorratie principle at all times On all occasions
anu Without exception.
punber Of resolutions we're adopted. and
committees appointed for the purpose OF
earring out the principles Of tho new partv.
lhe results arc known to all
The proceedings Of this meeting were pub-
llshed in the Ottawa Republican OF August S,
~ III, now on file in the Republican o'ice Of
orrAwA, Apnl Is, 1870.
.sEnsh" OFT Insurance Companies.
To The Editor af 7n< chseaeo Tribune:
SIR: Referring to the re1y entertaining aud
readable letter OF your correspondent. Gath"
in this mornings TR1nrSE. we find one or two
items respecting tho Connecticut Mutual I,to
ctroneously stated.
Gath" sarH. in his letter: "The vastest
life insnrapce Affair in the United States, with
with el4.0O0,000 Of assets, scsnce II
fraction Of which is Invested in any corpora
ton ont Of Connecticut, and upwards Of
e2.s00000 is in government bonds. and
s7.00G, 600 upon mnttgsges.''
The fact il that the assets Of the Connect
cut Nutuai are over s27, SOC, 600, instead Of
~, 900, and its surplus more than 81, 500,-
900, after computing nearly St7. 500, 900 for re
insurance. Instead of e7.0eo, 600 invested in
mortgages in the East, the Connecticut Mutu.l
has oveF Sl0, ,000, 600 loaned upon reA estate.
Nine millions Of this noneE is placed in The
West. Of which NOR thsn s5.250.OO0 il
loaned On Chicago property, practice begun
b. the Connecticut Nutual. and it il apparent
that the lending Of this money here has been
largely instrumental in the growth and I'M
proye1nent Of cur CITY.
One other atAtemen, Of "Gath's- is incor-
rect, in the amount Of expenses Of manage
nent, which he puts down at zsG7 ,O00, whereas
they were but S79s, ,000, q ratio Of expense 70
total receipts Of less than per cent. TetE
truly yours, NOOK L S1EARss
CHICAGO, April l6, 1870.