The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-06-01
THE INSURANCE CONGRESS-,
SEVENTH DAYS PROCEEDINGS


by Delegates Erastus Brooks, William
Barnes, Judges Greene and Davis,
General Shaler and Others
The Convention met yesterday morning at the
rooms OF the Fire Underwriters Nos. l5a and 1853
Broadway, President Miller In the chair, and Mr.
Oicott, secretary proceeded to read the report on
blanks, where ne had lett OF on the previous day.
but the consideration OF 1t deferred until 1t is
printed.
MIR. MOVES, OF Connecticut, moved for the APP
pOintment OF committee to consider and report as
to what changes In the law should be made by the
various Legislatures to secure wise and harmonious
action concerning their own local insurance com.
panies and such others as seek admission rom other
States, and to report at such time as they may deem
proper. Laid upon the table.
Mr.. BRINKERHoFF, OF Illinois, from the Special
Committee on adjournment, reported as follows
Your committee to whom referred the subject OF the
adjournment would recommend The adoption OF The follow
Whereas the proceedings this session have been
S ap the o s
several insurance and COMMERCIAL iateress ana whereas
very desirable that the delegtes from The several States
gathered together by this Convention and
consider in a calm and deiberaiigc way many OF the
subjects under consideration before nal action taken BY
tsrested in all that pertains to tie matters before
spscay desrabe every state should AID au de5era
Sas ~ as h nna 81
Resolved, That this Conventon adjourn from Thursday
this city and that the crctay be to have
papers the and iha. ls unish
member with copies thereof ana further be
of three whom shall be referred the subject OF
them desirable that they report to the aourned
October the constitution and bylaws Tor the government
Resolved That the President Convention lay before
copies proceedings including resolutions. and
earnestly request the attendance of the several officers IN
or by appropriate delegates at our
q SEI i: Sn fTIIsbdET.
Mr. WEBB. of Kansas, opposed an adjournment
and replied that the work OF the Convention would
not amount to much. 1t appeared to him that the
Convention commenced wrong end foremost; that
they should have taken the cases OF all the States
into consideration before entering upon other BUSH
uess.
General MILLER spoke feellngly In defence OF the
Convention from having commenced wrongly. He
was in favor Of adjourning to meet again at any
place and Tune that Will SUIT tho convenience OF the
greatest number. The resolution was adoptei
with the amendment that, when the Con-
vention adjourns 1t until the 18th October.
The Convention then adjourned to participate liz
an excursion rendered them by the insurance COM
panes. Repairing the foot OF Dey street the
steamer Josephine received the delegates and other
dys
severe fog and storm that prevailed the party, which
was composed or as Jolly fellows as ever popped
view OF the rich scenery lining the bay; but alter
the sun had come out and the log had
lifted the steamer headed her Prov up the
wnere she oruiscd for several hours. The
time was well improved, however; for Delmonico,
with his hampers OF the good things OF life and
1nnumerable baskets OF wine, was on hand, and
with his usual grace catered 20 the cravings OF the
inward man. The Seventh Regiment Band dis
coursed their sweetest music, ana wit and wisdom
Moved in coplous tenor and bass from the party.
Mr.. HOPE OF the Underwriters, acted as chairman,
and toasted President Miller, who responded in an
eloquent and brief speech, In which he referred To
pressed the belief that IL would largely protect the
Interests OF the pubic, wno insure their lives and
DR.. ATKINSON, OF Kansas responded for the South,
Mr.. Plllsbury, Of New Hampshire, for the East; Mr.
Row. or Michigan, for the West and Mr.. Kelsey, OF
little Jersey for the Central States happy
The insurance interests We're next honored, Judge
Davis, OF the Mutual Insurance Company, respond
ing In which he welcomed the delegates to the City.
He spoke OF life insurance an Institution that is
growing rapidly into public confidence, and, with
and honesty the public would continue to take adj
vantages OF 1t, as a protection TO their families
ALREADY the money Invested in Insurance policies
exceeds the national debt and as The people become
educated to It's Importance 1t would assume gigan-
Judge A. GREENE. counsel OF the Equitable Life
Insurance Company, was called out and made an
effective speech. He stated that he had received a
note from President Alexander, OF the company, re-
Questing him TO represent the company In paying re-
spects TO the delegation who, he felt was engaged
in great work. The Presidents heart was In the
business OF providing for the widow and the orphan
and his pride, was IN the Equitable. mr. Greene
proceeded To speak OF the WORK of the Convention
which eventually would accomplish much. II no
other result be attained by the Convention 1t would
be worth all the trouble that the Insurance Superin
tendents OF other States should, by personal inter-
course with Mr.. George w. Miller, have become as
sured Of the ability, the Integrity and the
watchfulness with which he guarded the insurance
companies OF the States, and whatever
runlOrs interested parties might spread over the
land there was faithful and able Arguseyed off,
Ca Watching over their interests and those or the
insured. What the public ask Tor Ii certainty that
future and accomplish economical management.
The people are beginning TO take hold or life In
surance; but already several Of the American COM
panies are superior In integrity ability and energy
to the companies or the British Isles. He stated that
comparison between the standard OF Great Britain
and the one he represented showed ratio Of eXpen-
diture as regards insured In favor OF the American
company. He concluded by thanking the delegates
for their efforts to settle conflicting interests.
Mr.. VIM. BARNES, Of the American Association
responded for the fire branch, anu gave many statis
tics showing their rapid expansion In a business
point Of view, and integrity and sound policy OF
doing business.
Speeches were made also by Speaker Hickman,
Erastus Brooks General Shaler. Chauncey Depew
General Smith, Colonel Caldwell, Mr.. BrinKerhon,
Secretary OlcOtt and others, who extremely
happy III their remarks.
The gathering was Rraced by the presence OF
many ladies', who received marked attentions from
the gallant delegates from California and the west.
Last evening the delegates were entertained at a
individual company at Delmonco's, corner OF Four
teentn street and Fifth avenue The vands were IN
Demonlco's best style, and the speeches were orel,
pointed and witty.
The Convention will resume Its deliberations at
the FIRE Underwriters rooms, No. 1866 Broadway,
al