Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-02-18
WASHINGTON.
The Insurance Business md state
- Rights.


Rights.
NEw York, Feb. IA Washington
dispatch says the defeat of Judge Bing,
hams bill relating TO life insurance com
panies was occGsIoned by the opinion OF
many members, that it was en- unwar,
ralfable Interference by the general gov,
eminent with The right of the States e
requisite the privileges of corporations.
The bill provided that no penalty be i'm
pase3 on aLy life insurance company au-
tloIx by The laws Of the United States,
nOrtaly lax CT other condition of dCing
business be imposed on any such COM
panics that is not by the same authority
imposed upon all insurance companies.
The last clause would prevent The State
from making any discrimination in favor
of insurance companies organized in the
State
Many Western States talk of adopting
legisa alton to compel Eastern insurance
cgmrl1i-s TO invest the profits arising
from ,htir business in the State whence
jhey derive il. 1t is stated that eight
millions are annually drawn from Ohio
and seven millions from Indiana as profits
Of Eastern insurance companies, and
from al Of the Western States there is a
large and constant drain Of money cash
10 pay insurance.
Fl. "a Setting FEis House in Order.
WASHINGTON, Feb. 1.-THE State De
0mtmen- are husily engaged IN srranging
for convenient reference al informa-
'oL a he archives bearing upon the
Alabama, fishery and every other ques-
ii ,I difference between the United
9.a-'s and Great Britain, with view to
be approaching meeting Of the joint high
omission.
EWO TCnncssecans Confirmed.
Seaa'c Executive Session confirmed the
flowing Nominations Barbour Lewis,
Appraiser Ncrchapdjza, Memphis; a. G.
'.bi-ayu, Appraiser Merchandise, Evans
lie, Ind; J. L. Bryant, Postmaster,
tarou, Tenn.
he flights of Lsuis Napoleon in
4. =. Courts.
To-day tie right of the Emperor Ma
oigon III to see in the courts Of the
ui'rd States was argued in the case of
be French national vessel damaged by
.l.-iun in the Bay Of San Francisco by
IN. Cushing in the affirmative.
The Democratic Absentees.
TLa House numbers some II Demo
attic votes, but it is usually found that
ere &c only 45 members present in
lr seals: he rest are lgafDg at home.
T., up any measure now usually re-
i-C- 'Hb-tlirds, and one DemCCra ic
tc Is equal 10 two Republicans. The
sen e.- now at home are the most eff
d 4Ie- If The Republican party, and
tI,- .-nsble in large degree for all
rsscs.fy measures which will pass
gr The close Of the session.
summers Extravaganza
Senator Sumner, in a letter TO Secretary
,h "n The join. high commission, which
inst leaked out, insisted that Great
ain should apologize for her conduct
recognizing the beiligerent rights of the
JA and 'ah aid which she extended the
c.s; that thcsAlabama claims be paid;
the claims for depredstions commit
ny other cruisers, such as The Snen-
Ia, should De put ug.n The same
ru- and r-uatl j 10 the same manner as
se ol Oh. Alabama, and ly that
1t Britain h1G'l s.--ce tDre'irc wholly
. IA BIS continent.
boutwell,.
IS stated that Boutwell, is in constant
ip.ot letters from his friends in New
x and a'hcr Eastern Giles, advising
% resign. by reason Of the attitude
med b. The President and Gen Pleas
20 10 TVaaEu- the income tax. Il is
.rr jgtm4'eI that the Secretary now
lis fr~hcr continuance in his pres
pHsiDu N the action of the House
bis 0rn.'ion. He regards the test
of 20 days since as q virtual i'll
nmln, ui his views on this matter by
UIDGsa, ma lakes great encourage
thcTrtr.m; but in case the House
III pas, Ais bill. it is claimed the
-iary Will place bis portfolio At the
Daal Of f.c Executive.
NcVv Na'iouaI Loan In Europe.
following is Al extract from a let
ON II n-esm3u, Consul at Berlin,
Secretary Of the Treasury, dated
~. Jan. -:
Int for J.a war our bonds would be
r and ..e rev FIVE per cent bonds
be lar-.y taken. Peace seems now
than II any time previous, and
& l a-- sure market for our new
vii 81 once open; provided, al
,ha. y"a viii be permitted 90 20 on
ag The public debt, Thereby wipIng
sruw.an ON Cull If the hue and
lgye. "aaul 'arfI reform prevails,
.i1ct.n-- are made SD SIS 90 prevent
siderable surplus OF our iucum over