Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1874-05-21


The Hon. John Russell, State Audi
tor has made his report on Insurance
and it is very faithful resume of th,
condition Of this important feature o
business and very valuable for the in
formation it contains.
Eight Iowa Fire Companies hay,
fled statements in 1874. OF thes,
the most important companies are
the Farmers, Cedar Rapids the Hawk
eye and State Of Des Moines; th'
Iowa Mutual Of Keokuk; the German
Mutual Of Davenport and the Bnrling
ton of Burlington.
The aggregate income of the low.
Fire companies was $464, ,0l6.60; tota
expenditures, $327,34O.55; balance
$l36, ,G76.05. Premiums received, 1926,
1876; losses paid, 500, ,496.47. Leav
ing $223,633.4S as reserve, expenses
and profits.
Sixty-six companies of other States
did business in iowa durng 1873
These companies received in tota
premiums in the State $l,102, 2,G67.N
Total losses paid, $6OS, ,2O2.23. Increase
Of receipts, for premiums over preced.
ing year, $73,564.10 Increase of losses
$269, ,824.O .O9-showing that last year
was an unfortunate one in Iowa fol
insurance companies.
Iowa has two life insurance com
panies. The Equitable, of Des Moines
had 1850 policies in force at date OF
report. Liabilities, according to most
accurate computations, $l25,l17. In
come in '73, from premiums, $57, ,4O3..
90; from interest, $15,4lO. Expenses
for deaths, losses, dividend, surren-
ders. &C., $20,O23; expenses of man
14,2l1.0O. The Iowa Life
Insurance Company" has been organ
lied at Keokuk, to commence business
Feb. lst, 1874.
Thirty-eight life insurance compan-
les of other States arc authorized to do
business in Iowa, in IA. Fifteen that
transacted business here last year,
have failed to file reports this year :
and twelve new ones have been admls-
ted. Aggregate assets of the author
zed companies, $326, ,220,932.s2. Liza
bilities, 1926, ,6S9, ,523.44. Entire income
for '73. $l05, ,46l ,227 SO. Expenditures,
b74,Ol9, ,468.37. This embraces their
entire businessmen that of Iowa
alone. Number of policies issued in
Iowa was 1900; amount of premiums
'eceived, $969, ,6O2.69; paid out for
osses, 1856, ,6o2.34. Showing that for
sign life insurance companies took
,ut of Iowa in '73, above all they paid
or losses, $7l2,976.35.
The Auditor warns tho people
against cooperative insurance COM
panies. The Protective Life Insurance
of Chicago is the only one of
his kind which made q showing and
lied q statement in 1873.
1T is the nature of some men to be
,ften soured. 1t is so in business life
I Is so in social, political and religious
ife. Sometimes this sourness arises
rom the higher social standing of 9TH
'rs, giving rise to envy again it comes
rom a neighbor having better success
financially than the vinegar party. In
political life it frequently comes upon
man, as he advances in years and sees
he sands of life running out, and the
;astles in air, he has builded in the
heat of his ambition are not realized.
Very fair talents are not unfrequently
associated with this nervous, grabbed
ault-fnding. If the disappointed
,rumbler belongs to political party
which has not filled the measure of
lis ambition in offices, he will cum
lingly robe himself in what he terms
he garments of independence and as
everate that he is not afraid to speak
,ut; he wears no paddock upon his
ips, and that his frequent lessons and
ectures to the party warning them of
he extreme danger of their being de-
eated, and their sins of omission and
are doing noble service
or the party. The trouble with this is,
hat it is too thin II has not the prop.
IF vertebral column to hide its de.
ormity, by standing defiantly erect,
Conscious Of integrity; 1t crimples,
opples and bitches along with the
,vident lameness begotten of duplici-
y. 1t is the role of hater in the
amp instead of an open and honora-
,le enemy. 1t is especially noticeable
when we see an individual or paper
Idopting this course, that previously
las been very careful in not putting
,lubs in the hands of their party's
'oes; who have been true as steel to
he upbuilding of their party and
lopeful of its success, giving out en-
'ouraging words, until somehow the
'pell has befallen them that their party
vas full OF corruption and in immi-
rent danger OF defeat, especially SO,
,nless the grumblers pet measures
we're adopted. The tronble with that
Individual or paper is, that his or its air
'astles have busted !; he and it are in
he gall of bitterness, for vanished am.
bilious dreams, and 1t follows inevita-
,ly that that man or paper will be
continuously giving to the public,
wailings of its party's errors. and it's
probable waning victories. This is in
with natures laws Just as
hat blue bottle flies gather around
:arrion.
TIE State Register of the 18th inst,
prominently as a candidate
'or Congress before the Republican
Convention of that District General
James A. Williamson, of Des Moines
His name 10 canvassed in quite q
engthy article in connection with
G;vnp sl.o - r.. Nr~t