, 1874-07-26
ocAl MISCELLANY.
.nsuRANCE MEN

trrJE TN5 d0N]A AAAAAA~
...rsl depression and nervousness we're
r. insurance circles yesterday Tho
.22fs1ea' - hopeful feeling Of the day previous
tcossns 1 h.ra civen away to despair. and tbs in
stns - ~ ,Tents all over the city vera reluctant
f::E'Dee r;sIa On any property not considered
naSs They had been in hopes that
ia.;a. '..;;s.,s-meeting held at the Palmer
# esL1 s,.- even,uc would take decisive meas-
House r1oj ~ tbe various Committees appointed
t:es, Apu ~ of Underwriters FRIDAY morning in
rtbe Da~C Comnon Council to adopt the various
psng sas uns made BY them. But the meeting
,ropos'su:oonr thew say. except adopt meaning
adnolua.,tntion. and they feel disappointed and
rs eoass W. and believe the citizens we're not
5tEnDsseet, in making tho much needed reforms
i eaaS 4 to protecting the insurance companies
tars.1a Invested their capital IN this city.
t." - tha most prominent insurance men de-
,h.t the meeting was controlled III tho
tas .'..st of two or three people, ana that these
pss p@,as ye1e trying to make political capital out
s. THE COMMITTEES
,nnoipted By the Board Of Under
~ IA not meet yesterday as was expected,
Tata,. T.. ,he~e been any consultation between
pr ~. n,emberH OF the Committees. There
E!I citzeuB aud two insurance men on
ls5nns 5nss,,o,ttee. and the insurance men claim
- a'ter cannot find the citlzens, and without
~ .ts,t i 10 quorum. As matters look now,
Ten dorbtful whether any meetings will be
i SEM eM'nasr oS but that it will be loft
tM aor rmomon Council to take action
70 'ns storms demanded by the insurance
conp&ass - W.
M rbu Is wanted.
So* SHOULD THE COUNCIL REFUSE
..-.,,v action upon these matters to-mor-
psh ,hsTs viii BE- regular stampede OF inaur-
foe. s.mnsnles from this city. and it will be q
- ~ scs.;er for our merchants to have their goods
tsI-,ej in f1st-class COMPANIES. The EuEopean
El-..,n;es ire already frightened and know not
es.d n One Of them has already withdrawn
r.: s,o,,ieh ~, Commercial Of Glasgow. Several
ss, e n tsse risks st present. and the following
'"s.,,sa 'aas hare instructed their agents to ad-
e'h n he risSs in this city SO per cent: The
1.s1,, ~ .ssnrauce, North British, Commercial
1e;~s 10I-'c crasn, Lancashire, aud Imperial. Some
s.ha Eastern companies lave also Withdrawn
,.so ma c,ty, and others refuse to take risks at
:rs.<rt a Tiils those thar continue to do 30 have
E-esly increased their rates.
A7 TIE NATIONAL BOARD
rfroderEritets. which has been N session IN
Ss Yo1L during the last three days
.st to tho Chicago Board several
?.a.tches inquiriug as to what had been done
s-,bs c,tT authorities. Mr. George C. Clarke,
x, President Of the Board, waited with his re-
j, nn1j sitter the meeting held Friday, to SEQ
r.. ,r.;on would be taken. Yesterday morn
- hs sent reply stating that the Com
n:,,ee waited uron the Mayor, md asked
TT fre-pat1ol as requested ~
Ia National Board, but the Mayor stated that be
hi no constitutional power to establish such
r,:,cl, He would Eeud, however, a communication
i ths Council. Monday, urging patrol. aud
IL, both tle citizens and Underwriters we're
LIE to the importance OF speedy but. jud1cious
a:ioa.
MR. ArAns,
The stack made upon Commissioner
a.ss yesterday By morning sheet has
E7ed up considerable lll-feeling among
IL insurance men. AlthouSh h some OF
tan think he is not exactly the right
III in the right place, still they are all unani-
s,7s that he ls not an arraDt kaaEa aud coward,
What paper asaerts, but that he has honestly
I'd faithfully tried to do his duty
here are number of insurance men who would
it, to zee Ar. Ayars resign. so thas some enef-
Il bis dignity and knowledge, could make IN
oppression i: upon our present Fire Commission
IT. They think that If an experienced Fire
Marshal would be appointed, one who had had
pnnsad Of bodies Of men, the Board OF
Underwriters, By appointing him as their Com
missioner might greatly enhance his influence
md nsef1l1ess, As matters stand now, the Board
Il Underwriters il At LOGS what action to take ia
hs premises, and the members OF it hope that
hs Common Council will take the necessary
teps 70 pass the reforms so urgently needed,
md .hEs relieve them from further eulbarrass-
Cea. md houble.