The New York herald., 1872-11-11

might that the Bible vision Of heaven and az
judgment to come. in which the good shall
be rewarded and the wicked be punished, il
an illusion, if not delusion. Bishop Clark
son, of the Protestant Episcopal diocese Of
Nebraska and Dakota, preached missionary
sermon in Christ church, Bedford avenue.
Brooklyn, in which he gave an interesting ac-
count OF his own and his ministers labors in
that missionary district.
Rev. Father Farley, in the Cathedral here.
spent his morning hour in exalting the Virgin
Mary, who had always been the help of Chris-
tians, and no one was ever known to implors
her aid in vain. The German Catholics Of
Brooklyn yesterday dedicated very hand
some church to st. Boniface, at which Bishop
Loughlin preached and referred TO the spread
of Catholicity, and urged his hearers to ba
more earnest in their devotions and more holy
in their lives In st. Stephens, New York.,
Father Glackmyer is conducting EMISSION
which has attracted thousands Of the faithful
to the sacraments. He preached yesterday
very practical sermon, suitable for every man,
as well as for those who heard it, against pride.
self-will, sensuality and self-love, and urged
their opposites for adoption in imitation Of
Christ, who loved mankind even unto death.
The Insurance Companies and the
Boston Fire.
The great financial interests connected with
the insurance business are again disastrously
involved in on extensive confagration. Almost
within twelvemonth of the Chicago calamity
comes second conAagration, the occurrence
Of which, according to the doctrine of chances,
was indefinitely if not infinitely remote. That
two great cities should be burned even within
the limits Of century, as have been Chicago
and Boston, was contingency against which
nine hundred and ninety men out of every
thousand would have staked excessive odds.
The insurance business being sort of legii-
mate betting, the fire and its losses naturally
suggest this train Of thought. Here, as at
Chicago, it will doubtless prove that the odds,
although in favor of the companies during a
long average of years, is against the Boston
companies to the extent Of the bankruptcy Of
many, if not most Of them. The amount of
insurance claims at Chicago was very nearly
one hundred millions, and the companies paid
about fifty per cent taking the average OF
what they all did in the way of payment.
So far our returns are meagre as to the inv
suranee lesses, bpt enough yes known last ,
night to indicate the failure Of several Of our
New York companies. II will be found by.
and by, that the losses by the present ire Tll
fall very largely, nay, almost entirely, upon
Boston herself, the great concentration Of
wealth in that city having furnished enough
capital to insure all her many business inter-
ests, while her people have been always
strongly disposed to cultivate and encourage
their local institutions. Boston was, in many
respects, an epitome of what sound financial
theories require Of every community, however
sadly the rule may work under the present cir
cumstances. She bore to the rest of the coun-
try the relation England has generally sus-
tanned toward the rest of the world, and was
the nations creditor Capital flowed out Of
Boston constantly, and interest, dividends
and profits poured in. She was self-reliant
and Independent in money matters, so that
the present calamity will do less injury out
side her limits than did that at Chicago, in
whose fate was involved the money of very
wide region Of the country.