, 1874-10-06

cancol alt outstanding policios il, this city, and
tliat other companies wonld scou follow suit,
we1o rs, wsnn"t NJ nov any foundation wateyor. Ths
stateH that Ar. Hone. whom in this cty fov
daya ago, amphatically stated Tint nndor no cir
oun,staMoa whatever would hui capcoI tho out
siaual,g stg poGlgs a1d oxprosaod tho hopo that
Hano. Besides, it III NOT believed that con,panies
havo any loyal right, In spite Of thor stipulation.
to cancel nald.up polices whon nyor tl1oy choose.
This question hnB aroady boela In tho courts. aud
III every INSTANCE tho companien lost tho caua,
Several Of tho leading proporty-toldels naI
merchants in this city Atato that they ahoull
certainly so to Jay bcfore thoy wonia aiiow co1-
pnnios to cancel their policies.
Mr.. George Q. Clarke, tho President Of the
Lo1al Board Of Untlerwriters,. nt Tho request OF
tho Citizone' Comlnitteo appointed the follow
ing Co'unittoe Of Uuderwrit ors to Witness tho
tost in regard to the aufacic',cy Of tho present
takos place to-day: l.. H. Davis g. II. Lyon,
]. Goodwin, Jr., s. ~. Mooro, q. ". Drow,
James B, Floyd, and Q. Il. Case.
PRESS CONTINENTS.
Tie withdrawal Of the Insurance. companfc1
from tls city still ocoupioa tho attention Of tho
Now York papars.
TIE Mill
thinks the situation worry gloomy one:
The present IL the time Of yas for moving tho crops
and y"r q',sura Of grain 'al''st come ". Myo,
10 10 crowded f1t4l OF
brought III BY tho r.iroaarr, to be- Transferred ~
vcsseH for shipment East. There aro probably nu IN
bushels Of tho various srtas
gran IL moved md sod, u1d bought, mainly Oh bur-
Towe capita procured fun banks tho security Of
erals without the insrau cersiflcate at their bx
Tho gtcat porkpacng interest also laEge1y dopend-
Shleh i cSe facor TSa osresns
too with isnnunao stores fl Of gooas to be paid for
OF obstruction Ira lpti1o
insurance to keep e1esosf from contng de wo'yp 10
tller aoors Tho enoFao9 loans mails upon mortgage
III Ch1,ago form another Goent Of impending trouble,
rs iSs;rs % sa IT, poiiey +; eftsn Settsf sscTi ta's
limit capiEi gathers ,ef togetur and ahrinks bac:
~ nhrighs to ste paco l. ca1ao FROM. And on to
tr,lers, and hotsclolde,ss.
tres Of tle conny fhs urgo Elst,rn hi ctcs whoao
nsereandleo and wiose eapital hus gone to swol lo
sa xa ~ fa5 s no o. a a
wlsch has come, soc d will como, upon hat city
Will there 10 no rotex Influence upo, the E,sein
and ealitaatsg Ii til siagIo matter oi m9rigsgs1'
ne connactlcu lio ins ntauso companies uloua have
at leaat ten Or weve mi ions inyos:ei thus in ohc
| g.. from thss we may Judge what enormous sum
other Institutions and r1yate captnlsta ayo similarly
stake there It f. i'd L. therefore, to eny suora
tho seriousness Of ths issue botween lnisxrd and
nisgoserncd city aud ho conservative cstolIaps Of
Of Ohcagos oblsenes ara certain 10 be felt very se-
yoroly outside tho Limit Ut that city, II Icol nanio
shall not s,poryene wlroso ceaH cunot bs other than
widespread, wa ahaU 10 agreeAbty surprised. In
fAct, WI CAL hardly SET low 1t can 10 Otherwise.
rur rxpprsa
.....,a, Ia. ~" - - Ass
N NV etaa"oa "tsu ,uo -t"1'on.t boafus hH0 uo-
HeFeS IL has euo Hui:u power. IL says:
Tho EXECUTIVE Con,1 nttne of thu National Board ia
especially empowered 10 abishLocalD Boards through.
nut the country, uule Buc1 rItlos and regulations ~
il deemed requisite tn enforce loyalty to tic National
Doard its wislcB aisd ttcrees. IananucA ns all tn,
agents, and nearly ten thousand coIurautey ary bo,l
Local Doars in soir respective dstrict, which are in
turn bound to oaey la rules u,l <lecsees Of the Ns-
oul1 Doar1, wiluso lG<ecutiye Committee nl4y ell
fosce such aocrees ~ Eey lit, idea OF tlrnn-
clad Bolldy Of this tal combination tu make moaoy
nuy le formed. In aenn with tho above and sim
liar rulcs and regulations.
1tiatmuerial u tbs extrenc Binder tf,esa cfrc,,n
stances WHIT can noor Ohisaro to9 Tim wiuIcs os r,n
National Of lts snbord LocAl No4rs OFFICIALLY ,uo-
1nulg'std lre NY. whether chSaao 10 better OF
,n ~ ,n no ~ ~, "n% u S,nt ~ H.
,iGoa ' in ,nl'" 1,n nntisc rn ,s.,no ~ Io ". a ~
nn6o"a NJ IL com,nrtnra ~ anhsdtnnrs - !. cIa'n
S ~ t ~ Ntin,a1 II I,n.rS 49, "a n,. u,;, ~ ,!s ~ ~
ia jrcrces or iva ta,cir ninea eraNed IN no,n.r;
and no lunrcr eptttle il 10 a bunclts Cirur m,,st
nua1 II tc 10 riiv ,rnt ta issMe uro,nntIy foSarn
s SS Sncos e ~. II ESp sp ~
nran,ium income at lrp organization OF thp co,,nn,s
in m Eo,r ynrl wL,s Sit fNI l 10 thn tntai ,syc,
mid wsro S.sy 7O1 us is: slumn ui excess Of pro
/ ls7a. and this Includes oil thu largo res Of TIM
G,,nnt son,o otcrial portion Of this STA 0oo a1o ax
csss bo aavei? @nts Furh onosnous expenses ok
management necessarily attond lilo Glauess, II Judi