, 1873-01-20

gentleman showed his faith by his works, COM
misunderstanding tho bnslneEa l1ie company, and,
finally, wound It up six months before the grcat
fro. Predictions worc frequently made that
land, but thoy woro regarded as oKaggorntlons.
1t was arguod TINT tho river vonld proBent u
barrier to tho tlamoa md prevent q large fire
from crossing from ono division Of tho city to
tered that largo dtatricE could not be swept
represented ii tie cIty regarded Chicago Is m
unfavorablo fold, those WHO wore doing business
their venturou. Tho great disaster camo upon
them like a clap Of thundor from clear sky.
Tho companies who had sunk thousands Of dol
lars hote during former yeas had jnat
had declined to take my risks III tho city had
beon tempted to establish agencies within
abort time preceding. Tho number Of compa-
two hundred and ono. OF these only sixty
eight failed, or about 90 per cent. Tho amount
Of capital md surplun posaossed by all tho COM
panioa vas 996, ,264, ,151. The amount paid for
inaolvont companios in bankruptcy, Is estimated
at $50, ,105 803, or nearly Is por cent Of tho capt.
tai and surplus stated, Thoro Is no hettor Way
Of taking III tho extent Of tho disaator to the n-
fisures. figure A suppose The ihekle Wind lad "iistodS
and 0lJ" part '''e of tho SsS' NoS3h t pivisona
wore IN flames, What company would hayo ro:
maanoa @ IN con1,om y ,.a @ 10 oes ~ sssaa -
tho aggregate companion would have been
swallowed up in tho district botwoon Ashland
avenao emu .;1'a nnd tho =. rlysr. s., -. -. ,o..,
uns o;Sots aoo ~ .n9 aoea, -
them or their managers. That their capitals
woro too email is now apparent, tor which, as
@ tne s.ooholefa s c1auau neal. ~ .. sao lph, -
Biz bssme besides the % executive @ oflcors. fhaE they
s wore IL 1s some M instances % loosely managed Is ado
esorn oas os DG n
.voSa .s,nt ~ ,,nrn,o;t pss1,nr +,o}, s4sv a1.i}
nr aao,nitv m tRcir mi nrnvod Hair salyat;nn.
Tho anont 10 Of o1aima adtusted 1De srai'1at iii Of
10 or more tan ST ooo @ 900 IN o1coas Of to on
tiro mi, osscts nj III ths nomnnnea nroyioua]v
| utatod It is cviiient. thnraforo. thnt. II ia
rsks lad hcen t1;atriln,ted among tho cnrnnanioa
hayo s boop dd do5royed. Tic % regult it q 81 such % an
| event can scarco,y DO estimated, 4 financial
! nanin MIGHT have onsuod. GhicaTo, temporarily
| konnf}tei bv colloctinr fow additional
! n,;lIiona ~ inanrnnca woutd have
Iatelv a%ored fso to ronoral op, No
| cnmnsnicn ~ INV mnonitnf1c Would hnvo hmm
1oft Ia afford nrotention In fho nrnnerty romain
ino in t3caeo' and thn in1n,ansmo e. ioans furninhed
~ "1q o ~ tno roo nap
VIII ;nsnrnnro yo1;cioa m tIo hr;Idinra. wnmid
va m onrtav redca m ~ ~ nta ;na" ~
to tho va1ne ~ 1ond ~ c4c1uaIvn ~ ;mnrovoncnta
r. ;,anS o,.x "Eu,,coa .von,d hovn hoon toisnn
,,on ~ c,tu ~ 2,rnante 5ron, tc hnzara nf
~ HpoA Sa Il tnnnnano5 4ha aovonfocn rh;coco
coninanics wh;c1, fni1oi wnra inaticl viii oyer
triu 1nji,;nn. ~ r;ai,a ,,nnn 1vho1, on1v of,ont
cant @ p beon 1's and m'h tosetor vt
1fae ,n,,,naa ntnr gt"tae whn
cary;ed oht',,t va m',1;ona
,,a,s munes so'on or,es an .pa,
cant np hoa hean or ~ viii ha mid 1eft IA cd1u. IN.
o.a u"n; aas 1s" u'o or m a NJ mn NJ @ ~
p1;ea;ons wcro sf;il n,}s tn oiTord somo N.
denaotv nca;nst fnt,,ra paG ca1,mit;ca % Wiotavor
nav ~ sa71 ~ a,'r ho,n co,nna,'aa ~ boot
t.no " tha c,tu snn u. zarvo, v fo;r ,m ~
fGn hrc,nh ~ mn}t"r 1,o1y y ;raaonotnin tIap ~
fn1n,iaj av;nus @ n4noot,t;nn. % %1o'
Au - wo,d hn ;mnranor not ~ ata+a II, +b3a ann.
nocton far ~ IN d,1;aIiar,ne"t ~ atant roo
substantial mariner: thst our Water Works now
", ,000s0 000 OF gallons Of water duly, and