davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
FORTUNE-TELLERS IMPRISONED IN EN-
GLAND.

The London Telegraph thus describes the
trial and conviction OF several fortuneteers in London
on the 22d ult.:
First was arraigped professor Zendavesta," other
wise John Dean Bryant aged 90 and described as Do
anist." He was charged with having tod woman
fortune for the not very eXTavagant sum OF Is cents
Two married women 1t seems instructed by ths Ponc5,
went to No Iomer-st., MarylebOne and PAD 6d each
to a woman, who gave them bone ticket IN return;
One might have imagined that 1t was siir,Luasts MS
sXpence, and not enc guinea. PrOIessOr AtndAEcst1
shook hands with Of the women ana warmly IN
CURED after her health she tOlI MN sue was ~
trouble about her husband-which was ialse-ahu
no babe her be Of good cheer, and made an OPP
pontment 10 meet her on another DAY. stDsequeHiIy
two constabes went to Bryants house. ana on GONG
into on the ground floor, found 80 OF Az young
there rush for the door; while the poiiee-Wno
seemed to labor under the impre5 SION aS M az bene
astrological lecture was as llegtl an a't ~ & 1,se
present at cOGsfght or common ganonng m L.
stopped several OF the Women ana o were
covered with pictures Of Life and Death, WIN the ny
tyites OF several royal aud ilusous pc Isonags ana
~ Constance Kent" 1t wonder that the horoscopes
of HeIogabaus and Jack the Painter should have been
lacking Then there mediclne-chest, containing
bottles and memoranda OF natlylties also asio mn
ror with revolving cylinder" showing the hStes Oh
men and women Old and young or course the coecion
included a " Book OF Fate" This was the case against
Bryant. - -. .,,o,
and IL was shown that the same "insructed' women
went to his house. paying sxpence for the snal zone
ticket. They Shepherd separately hhen ore OF
them said that she wanted bor fortune tol, I'll iI
Cicero" took yard tape and measured her hand' nc
gabbled the usual nonsense TO her ABOUT IDFe ulasc
and good luck. limiting that the price OF JoPeo ,h
tyity would be half crown, and before they LETT the
place he gave them circular with their pbrenoOglcal
organs marked. Indeed the mans defense was tnat ne
was professor OF phrenol0gy, and not OF the Back
Arc. A "magic mirror aud lawyers gown We're
however, found at his house; and the last named
item has certainly a very black look. The evidence
against the next defendant William Henry, aas Prof.
Thaaby.n and against the fourth and last Frederick
Shpon alias "PTOf Bareta" did not differ to any great
extent from the testimony given against L3ndaVes'a,
The solicitor retained for this contended that II nc
had ufringed the law it likewise violated az lhe
seen every day Mr Mansfield, however, had only TO
deal with the ease and cuprits before him. and con
yicnr All the four fortunc-tcers he sent them 10 tue
Uouse of Correction there to be kept each and every
one of them TO hard labor for three months.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
hciy thanked for his fearlessness in arre,tin p,.,
'ohh gillespie June 4. at great personal peril ''oN
CRIMINAL COURT3

Frank kaufman, charged with rcfpO old 49,
W cga was hoaorbF discharged YESTERDAY b. Coari1e5
~ the Jefferson Market Police Cont James CuscL
o. no 20 ~ est st. "" comut yeNrsy ssstsa,
Assistant Alderman Isaac Robinson Of No q Gao!s ,rsf
ea.uE b hl hm vita q tulle ~ ~" '"'sA~
Az me Essex Market Police Court, James Carr wa,
DuHahu James hrIlne. and Joha D0nfle LsiJ n, 1900
Of 81 80 49, ''"'.-s ia
At the Iombs Police Court Yesterday. J7stico H.
,th e'n mos h0rseu of stanr 1 Eoyeu5er ss so "a
10 O. a. ron .' JSae, Hammond q tie barge W. sas es
sml! amount Of morey belonging ever ~ "a 80.
whef mahus ntrs Benz r. CnInar Of No % Ma.o x ea.1d
TIE arrest 81 c.af HON Tor printing
~ ina lae o}e" 70 CIR frequent c-fs OF he wes1oa
Ia the Court OF special Sessions before Judge
Shnilty yeFeray Thomas Matthews ar 10. g n.r of IN
from Ato'h suih u No 81 zh1e sea- . ~ Psni,ennuy
Tor ionr NcbIr stealing lemons from T.
Richards while employed s cnieuai George Hotel
months Irge1ek Anmoe, s'3H, tcicothis frsm hei.nt.
Lldy ~ NO l1l Wet Tgentyoorb Martin Kane,
assault and batter Michael smith, ia months John uosS.
stealing Thomas g. months
George wilson, stealing tub u butter from 5arn fo q no 61s
Sixth SIX onths Minnie STEALING silver Watl from ClE
~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
population Of that country would

now constitute the population OF that country would
have been aborng as producers in other American
State whence they would have consigned cotton corn,
lumber provisions, equally calculated for the pur
poses reciprocal trade As To California having fur
nished the world with additional currency, thorc could
not he greater delusiOn. IL the amount OF gold at
present in the world doubled tomorrow, the
double total would not be worth a shilling more
than the existing The only change produced by the
increased yield has been 10 benefit debtors ~ the
pcnse of creditors process which has involved through
out the world many suffers gamers The indirect
benefits 10 mankind from the opening mp Of new terri
tories ncalcuabe, but the gold mines both in Call
fOrna and Australia sufficient stimulus 90 these
movements, and there Is reason to demand that
capital should be particularly diverted 10 give
additional impulse 10 them. With regard 10 the
assumption that people have "ilogicaly" resolved
10 view with dsfayOr all Californian enterprises, what Is
the evidence Mr. Ross Browne has 10 offer 10 that
efecti Trade and finance have no prcildccs n any
scheme either In California or any other part Of the
world Offering fair chance Of profit be presented 10
US 1t viii De caught UP with too much rather than with
too little avidity While he writes about Illogical
preudce can he point 20 single remark on The subject
IN any English journal which he deems open 20 cOIrrc-
ton, ana where correction has been rcfu.edi Between
buyers and sellers seusitiyeness criticism either
side idle feature and any attempt to objections
TO a Californian mining scheme by attributinR them
general prejudice against California would Dc vain
II "a French glOYe-makfr whose goods deemed
suitable should try to the difficulty by attbut-
ing it 10 hostility TO France Mr.. Browne may rest
assured that where commercial interests concerned
we have desire except honestly 10 make money, and
that 10 will be quite agreeable Tor Us to make IL out Of
California from Germany Japan, or any other region
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
SHIPPING LNTELLIGEYCE.

PORT OF EEW-yORH............ ..............JULT6
CLEARED.
Steamship SeTI9Ts e. % So1 an.'' Bensn 90, Ee'
Steamship T. n Fa.Ichd, Trout, philadelphia J L h BHggA
steamst p Drgo johnson Portland. J. Ames
Steamship San Francisco Re nol Hamilton her1tt w IT, Webb
Steamship Ellen Terry Chsriu Nvberl Murray, F@s Co
Steamship Ahema. Coalh, Norfolk. Ciy Poi4. All RlHoad
steamship Vulcan. Wilcox Phl,terh,
ship Joan Berram IN. Poison Hsni1r4 F4ucl Ee6 Co.
Barr Heen Drammon1 Brl Tglhen, Gl5scsr Elg, Hewlett
Bark Helena Potter Gibraltar ORDER, Lult Bro.
Bark Carrier Dove BEl SauEdr ST. JOHN B. Go T. Cook
Bark venus CBr) Davis, Rotterdam J. P v7iaev co.
Brig Moses Dsr. Crosby, Neuyitas. T. " LelIari Co.
Bns Idala OBJ, Gordon, Ls Glaze Bay Ge1 H. Brewer Co.
Brig Ihoae tfr M-DouS1U. LIT Gaoe iar ~. .-'v co
scr Helen !. Bower, Alsran3er psnersr7 r. W lo-' Co.
schE slae Oliver Pauuen Por, aaPrrce, Nra, Sma Co
sehI E'i9e Pe r barbados, D. tfo"on-so . Co.
Steamship CLYDE Kennedy Galveston jane o. va K'v West Jolly
with mdse. and pass to G. T. MALLORY Co. Ia r sector he
foom Phaiepb'a arrived a,ey Jai, gr,esel day
IS, Steamship AshAHd MOI ferSn "a " i o a9s
Carolina hence for Charleston Lex fenua brig T. sash for
s.e1Tshp LafJets r RQ9.ss'n Hnre jane q via ps 2h
Waloo,y Coan del July az a q ol u 50 .tsbr
pe hence FOR HAVE ami as.eAshp sAo"aS9 rockets a.: ~hs
DOMESTIC PORTS.
DosToy JAY 6-AuEei s.eamsip Crr.a i'a Sfylanas
Prince from Liverpool tsrLs Am MA ron ,nl Lane iros
NIv from BsTSsioss D. Hsr from Paleih sld Drmoa and
Locke, from ndoag schr sam Weller, from Palermo -
Williams, and brig Italia, from Ponce.
MEMORANDUM
fr Pblaisi6ba nut into Newport st % Lad rsa amel LON
berg one Of the crew attacked and made Nv the cOoi
coore man. name unAno"n, who air"a "a 4 0'eo aAl ""
For Latest ship Eeus see rim PGgs
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
DEPARTURE or FOREIGN MAILS.
PRInAY LIZ

FRIDAY, July L.
Mails foi rvana ladies and Meco via Siss and Vera
steamship Mcr d. Pier No. IL IL tie Post
Office a D. N. Steamship sails at p. ms
The Line steamship saiug Saturday does not
take the Prssisa Closed Mail" but tia! day She
shD waich taxes tie mails foF Europe Sc.
SATURDAY july 3.
Mail, for Rurope Qleeaso"l and Liverpool per steamship C II
Brussels sails from Per No as n. R. close PcO.os I'D
at Station A, I:t5 .th b, 5:-5 L. IN.
Supplementary Mail for pad letters only up Pier IA
as n. r., closed At $3.50 a m Stsamshp sill. a. 10 9
An letters deposited Supplementary Mails be prepaid via
double POSTAGE
Mails for tie German Bremen per steamship weser sails
Ttrs HOoken. close At the Post OGce al 4 NJ 81
Station A. D. 1850 a. No Supplementary NAL s'ase
hin "a La At n. IN.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
THE COURTS.
FOSTERS FORTUNE.

A STAY OF PROCEEDINGS GRANTED BY JUDGE
PRATT.
An immense crowd thronged the Supreme
Courtroom-in Brooklyn yesterday morning TO near 'no
decision Of Judge Pratt in the Foster case silence h'
ing been obtained the Judge declared that after fu ana
careful consideration OF the argument Of eAJuuso
Stuart, counsel for Foster, who Is seh'e"''
to be hanged on the 1Hh OF July anu
Distrlct-Attorney Garvn for the people, nc i"u
decided that there was sufficient gIoI5nu ,or r
writ OF error and he therefore granted the oFae
stay OF all proceedings In the case uhli thc niH CO.,
day In November such time az INC Sup. .h ,,,a
shall he ready tn hear 1t. Gov ho'i =, -, ~ "a
ton OF ex-Judge Stuart. has appointed M9huas - IN
hear an argument for the commuI luH VI i'''N' "
tence from death TO imprisonment TOT me-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
pASSFVGFPS ARRIVED.

FROM VAvRt-In steamship Lafayette July 81 Marcon p mar
con Mr. Ia C. Sanna Giles. Mr Boeu hr Chaey ST. and Nr~
Il Miss H Mr.. MacLane Mr.. Mgeon Mt Le..e Hf. and IRA
Homer Corarso G1rusn Ms Potts Ms Benton,
Ssrore Mr. and Mrs. Rblg Mr. Ra5ut Mss sbui MS
Rabu. ChOari M POncle Mr. Lib.e LOOn M- Consta1
infant Mr. RsssneT Nrs Rsssuier. Mr. Llbary NJ p loa
Zollon Nj O. w. Peret Mrs Pciroo Mis- Pelroso, Nh
Leheyie Mr. Pomaree, NJ Poaua9a, silva hr BANDIT, ny
Sahatier Mr. Vono. Mr. Molbm. j. Ortsn A Gsher H. Lry
D. Levy Lli Jearne NJ. Diustey Mrs Dey an Va
Maot Mr. Lucas Mrs Jenny Lolett Mrs PoaTerR Mrs Cun0
roh Mira Ossn, Miss Orsn Mayer Block Mss ReglA kerry y
Drene. NJ. Dreue J. Bon X. Bo.m {, kainn ~ joseph T.
dElpeuI Beguet Beyu Mss Beu Mr. MOuelI p LgeAs
U. Joseph, Mr. JachuemOt, h We'll, q. basnego.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
CIVIL MOTIFS.

The Grand Jury of the Court OF oyer ana
Terminer closed its abors for the term yesterday ana
made presentment wherein IL expresses unqnalneua up
probation Of the manner I'm which the pubic
Ia Commissioners OF Iharltle' ailu
tion are conducted IL also calls attention 'o 'l' l'oI
M n, bose suffering from hereditary
syphilis and expresses wish thlt " some provision DO
made for the e, gulaton and proper meii al SUBDIVISION
Of the social evil that produces snt4 COZ
seauenees' IL conclusion. OiteI W. W. L'4'I isbuo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
nEc1sI0Ns-IIrY e-

Superior CoWt-Npocidi Ter1R--Bv judge Mcneil
Rooney. Motion granted In he Of BE ard A.
storaRe renee oricre Reeves ct al 49, Dlte Gopo.
denied. Palmer AFT Msrshal.- Nemoranlun ff counsel
Jnlge FrcednanB3stsick We-Ihe or~,sl ,rooo.S
With he aueud ents glogel ne HANDED
JERSEY Steam Navigation C0mpang.-Sarc.
b. JUICE B'rbourin the matter Of DE reoversp Of james
Ga1O-0ee decision with Clerk
common PleGs-Syeciql 7tr71-By JUDGE Larrerore.
oryz HorENoion 10 dcargs from Co~.s
act Ee u alri1rct soy- a.d O.On Dsrssueu uube-
uon tented - matter Of Ida Boolour-l sai or.sf Al,
pointing guardian
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
Eeqal Notices.

SUPREME COURT, KINGS C0UNTY.-AR-
y THUR CHILD ~ EpMARD a. BATES ELISHA BLoQMka,
Humphrey Edmund " Wooi joseph b. Brsmau John humpP
Bnmn Elrfe Guhran Of th children Of Abraham Brsrf 90
ceased, Charles Nch, Irnsmn Barrier George W. Mead Aud
Muule aul Edwin BecrAAmendsd Summousfor feefIo the
deudss Nou are hrlebY suauuI arj required 10 an
swrr comp this acton. Of Which copy Ee~ 'eS
" g. hc SAT- complaint ga
10 t u
him
OF such service end fH1 fa ~ snsNU PFC ava
.t nt within t.e l0Irst utf ir tbs ctol wi IVY
g. b. Court rvnci d lad tlr Umpnt ~ cd Je y
1871 Gio a. 'AANNlo' ll.ui.l y oile'' H..
b. rsrolai In tlc Cited araou 1I N ae olr 'as
Cltt. Of hu.s County Alnl -, l3ll-Ds,i JlL, p lii
Gao. IL GiAlAIea. Il~lGLA AL1ogSaA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
COURT CALESDAas-Tas DAY.

Larcilei at I'm.
8..Was0n A. :. Bovine 10. Johnston o. Kansas PEss
10. .RprI at. Bsne. r. CO
81 Sutherland BOyrtou. 100. .Tap.c1tt Morgan.
g.. Barclay CrArIsl b..BrOsl agt The Mayor 6c
81. .Nes6e sgt. Baersby. III. Stead sgt Same.
SO. Allan ag. Griffith lOi..ElAworth at same.
g. Oiman at. Jones' l0J, Nesera DyAlL o.. tlc Nfrt
6i..WeeAs Smith \. &. T. T. Co a..
Is. Same egt. Same Hopkins
Io jus aaL Whitaker l7..Jscislage Prrsaoos Nd
10 Be u the Rec Of Mobile T. x Az
the Salisbury Manu- Co 10. Marvin M. LrFfi
&c. .Mesler AIT Speeding d. ..Lagfence AZ. .. g'tr
20. Dodge AZ. Lambert. ~. Brown Iourcr4
81. Robinson Haaes. Cal 49,. kes.y Rogers
93. Kane Young
MAErSz COURr-rKIAL TERs-PARr HL-TR,cY, J-Cpsns n
A.
500. thinner aqt ROselbiatt 6IN..M.chse agt Darn.
62li. or ag- Holmes P3f2. .Feii hs, Chapman.
Ji..Wa''cc at Welsh. 64fj. same at same.
$3.50. Carroll agt Doun G3if. Tout at CLa3nsr.
Goilam Manufacturing .Berhim
Co at Rchan-A Re,r geTai0r
500 Cooley att Hal. G)f6. ID ,0sES srrSteee
6J4J Gels sgt .MOelar sj3. .Drcyer sgt KOhigE
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07

IMMATURE ALMANAC
Sun nses. AS Sun 7:33 Moon ns...ll -
ssudy Hook Il:37 Cows Hell Gate AM
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07


The cost OF digging, cleaning, and hauling one half
mile will range from s. 10 50 per acre, according TO the
produce per and facilities The manufacture Of beet
sugar like all new enterprises has mad unforeseen OBJ
sacles TO contend with, Of which Is our hot, dry
Summers, which are not well adapted to the crop.
Added to this is the fact that new prairie loan and
muck soils contain large per cent Of salts such nj
trate Of potash which is taken up by the beet crop TO
the detriment Of the product This however may
be worked out in time, as II has been In Europe The
percentages Of sugar obtained "a per cent in
Europe IL the United States TO 1870 1t had never
exceeded per cent At Chasworth the percentages OBJ
tanned were per cent OF the first product sold directly
into consumption per cent OF the second and third pro-
duct estimated together making per cent OF sugar 81 OF
moasses total % per cent; loss per cent? total 100
Der cent as shown by the p0arzer the amount In the
juice.
The first product would pass for an or (A) sugar
it dried when Is sold for grauulated and IN Eebru
ar brought cents ID Chicago. The second ana
third product about equal tONos. or 10 Dutch stand
ard anda the same time worth from 81 TO 10 cent?
fourth crop OF rys.als Als sometimes been taken out
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-07
fDatrbes, grweIrp, cir.

DREMIUM AMERICAN WATCHES, pro-
p,unced and eape.t watch made a this ga 70
gold and silver FRANkflELD Co. Jeser ' a1tlsTe,
cor Fourteenth-st and 23 Eighh-aye. TsentyEths-
The home journal. (Winchester, Tenn.) 1858-188?, 1871-11-30
Paper Clothing.

In civilized countries, the msnufac.
turing uf paper into various articles OF
clothing has only been the business
Of very brief period, but among bar
harous people it is an industry that has
been cultivated for years. With u',
the employment still remains in Its
infancy, and it has taken us many
wears TO master the difficulties attend.
ing its Introduction. At first, our
manufacturers confined their produc-
ton almost entirely to collars, cuffs,
frills, and similar minor articles.
Prejudice having been in "A great meas
ures overcome, our inventors extended
their area of production to many IA
brics of universal Use, but requiring
greater strength and pliabllity than
those worn about the neck or arms.
The garments made by this proc' 80
failed TO answer the requirements of
our day, ami were not received with
general favor.
At this juncture ofafiairs, II remains
for an English inventor to solve the
difficulty, and give us u really servi-
ceable paper fabric. 1t Is mixture OF
various animal and vegetable sub
stances, the former being wool, SILK,
and skins; the latter flax, jute, hemp,
and cotton. These articles are all re-
duced to fine pulp, beached and
then felted by machinery. The mix
tme of these several substance pro-
duces a fabric of wonderful tleXihiIily
and strength. 1t can be sewed to-
gether with a machine as readily as
woven fabrics, and makes as strong Il
seam.
ibis paper is of q very serviceabl ma
turc, aud Is made into table'cloth,
napkins, handkerchiefs, pants, cur
tains, shirts and other articles of dress.
The petticoats MADE from this felted
paper are of very elaborate design,
and wonderful beauty. They are
either printed or stamped, and bear so
close a resemblance to linen or cotton
goods of like description rs to almost
defy the scrutiny Of the abIest experts
The stamped Open-work isnirls DIS
play ~ delicacy Of pattern that 1t
would be almost impossible to initiate
by any ordinary skill with the needle.
Imitation blankets and chiutz for
beds, furniture, or curtains, are also
made very cheaply. Embossed ta-
ble- e-cloths and figured napkins made
Of felted paper, so closely resemble
the genuine damask linen ~ to pal H.
ed Off upon the unsuspecting rs the
genuine article.
In Germany, paper napkins have
been used for several years. Their
cost is but trille, and they pay for
themselves before they are required to
be cast aside.
Felted paper is capable of being
made into lace, fringe and trimming
and for these several purposes 1t ie
unequaled in point of cheapness and
durability. Imitation leather IL also
made from the same material, which
is perfectly impervou' to water. 1T j.
soft and pliable, and is n very useful
fabric for covering furniture, making
into shoes, for belts, and for many
other purposes.
la China and Japan, paper clothing
has long been worn by the Inhabitants
/, i5 very cheaply produce' there, ;
good paper coat costing only ten cent?
while the expense of an entire suit i
limited to twenty-five cents Un'fco
States EcOnO0,jSt.
The home journal. (Winchester, Tenn.) 1858-188?, 1871-11-30
- y -
Irish Bulls.

The Irish, rightly or wrongly, get
credit for almost all the bulls that go
the rounds of the papers. 1t wa. an
Irishman who wanted to find place
where there was no death, that he
might go and end his days there. 1t
was an Irish editor that exclaimed,
when speaking of the wrongs of Ire
land, "Her cup of misery has been
for ages OvcrflOwing, and is not yet
full" 1t was an Irish newspaper that
said of Robespierre that "he left no
children behind him except a brother,
who was killed at the same time" 1T
was an Irish Coroner who, when ask
ed how he accounted for an extraor-
dinary mortality in Limerick, replied
sadly: 81 cannot tell. There are peo-
pie dying this year that never died
before 1t was an Irish handbill
that announced, with bOundlcss liber-
ality, in reference TO great political
demonstration in the Rodunda, that
Ladies, without distinction of sex,
would be welcome Sir Boyle Roche
said: "Single misfortuues never come
alone, and the greatest of all possible
misfortuues is generally followed by q
much greater.n IN eminent spirit
merchant in Dublin ANNOUNCES in al
Irish paper, that he has still Il small
quantity fthe whisky on hand which
was drunl. by George w., when in
Dublin.
The home journal. (Winchester, Tenn.) 1858-188?, 1871-11-30
MUSHROOM CONCERNS.
A Few Suggestive Facts About Life
Insurance,

According to the reports made to
the Life Insurance Superintendent of
the State of New York, there are sew
enty-ome life insurance companies do
ing business In tie United States,
with aggregate assets of over S2l3,
100000. Twenty-nine Of these, which
were organized from two toseven years
since, show an aggregate deficit OF
over 81 ,3S2, 600. And the peculiar tca-
lures of the matter IL that, notWlth-
standing this enormous deficit, they
have during the year lS7O-1 paid t0
stockholders dividends amounting in
the aggregate to $l72 600. The ques-
ton that naturally arises in this
connection is why, do these compan-
les jeopardze the interests of policy
holders by paying these large divl-
dends to stockholders, instead Of al
lowing the profits to go toward max
ing up their deficits?
There is another class of companies,
twenty-nine in number, which are
only able to show surplus of premi'
ums by reckoning their premium
notes as assets. Some of the best au-
thorites on life insurance hold that
premium notes are not assets. II notes
are a. sets, why not take all notes and
be done with it, charging simply the
interest? These same companies
show deficit of over $260OO, 900 In
cash. We might ask, what does the
Supelintendent, Mr.. Miller, proposes
TO do with such companies? Does he
intend to serve them as he has done
the Farmers and Mechanics Life, the
Merchants' Life and the Great Wes-
tern Life Insurance Companies, by
compelling them to wind up their af-
fairs and cease to do business? 1t
seems but just that he should do so to
protect the public generally against
imposition and probable disaster. The
remaining thirteen companies are, 1t
appears by Mr.. Miller's report, sound
aud reliable, from the fact that they
have a surplus, over and above all liza
biiities, Of over $40, 900, ,OOOO-an aver
age of nearly $500, 600 each. 1t IN not
to be presumed that the fifty-eight
companies referred to are hopelessly
bankrupt. Provided no serious cpl
Lemic, causing large loss of life, over
takes them, they may continue to do
business and pay Losses indefinitely.
But since the great Chicago disaster,
which proves fatal to so many fire in
surance companies that conducted
their business in the same manner,
it would seem to be the part of wisdom
to inquire into the condition of all life
insurance companies, and to COMPEL
all who show dificils to either quit
business or place themselves upon ba-
sis such as wOuldenable thomtO weather
the death-storm that an epidemic is AT
any time liable to occasion. Would
it not he well for the State authorities
TO look into this important matter with
a view to protect the people by proper
legislation against imposition and loss:
While we shall have noting to say
against life insurance as whole, we
shall ever insist upon the suppression
of the bogus mushroom concerns,
which, from their own showing, must
inevitably go to the wall wnen the
storm comes and the policy-holders
stand most in need of the benefit
for which they have paid so liberal
ly.