, 1874-10-02
THE EoAED OF UNDERWRITERS.

Iln rten!Nr quarterly meeting OF tho Chicago
Board OF Underwriters was to have been hold
yesterday Afternoon, but Tho Board adjourned
without transacting any buaincsB, though there
ago many important matters to bo decided. THIS
action Of tho Board IN ndjour1ling sllmmnrily
quarterly meeting at j timp Wien tue people Of
Chicago nro looking toward It's proceedings with
Il dogrco OF Inherent noyor before folt is calcs,-
lated TO excite considerable surprise and curiosi-
ty; and, although tho nsoetlng was strictly phi
Snte, no reportsn Icing admitted, wo arc on
ablcl 10 give n sketch OF tho brief proceedings
Of Yesterdays moosng. Tllcre woro fourteen
1acmGors present. |lco-Ireoidcnt Drown occupy
WHO liz ut Tho East Will, 4s family, alld WHO will
doubtless hold = conference with the Executive
Committee OF tbs National EoarI in Now Yoil;
before ho returnu.
Nll!lo tho mc11pc,8 wo7o coming III Yesterday
afternoon, h heatnd discussion arose betM eel,
two or tlreo or them respecting the withdrawal
question. It should be stated that tho Chicago
Uoa1u IL compuAcd Of tlrce dAtluct and inllar-
lnonlous clements. viz: Members representing
cosni'Aiiles who do not belong to tho National
Boarl; nlcmbcrn ropl ple6entng two or moro coul-
Vauien, Hoino Ut Which nro in tho National
Board. willie tho others nro nut; and lneulbcrs
representing nono but Board compalo8. SO
thero val guol rcuson to anticipate sonlew1,st
stormy session yesterday. Ono mombcr came
pfcpascd to oiTer II resolution to nbulBh the
present rates nu.l rcauopt tho achcduo Of Juno
70. Another intended 10 propose a con,-
p!lcto abolition of uniform rates, lsay-
risks on terms to suit itself;
while third mcmler had ANNOUNCED
hiB design to- introduce u resolution to tho ot-
feet - tnat tho National Board muy 20 to the
devil" Moreover, it WIS extensively probable
ihat Lhcro would bo nueh division and disagroo-
mont Oh tho question whether agents Of tho
withdrawing companies werc any louser outi-
lied to yo.es III tho Doasd.
1hoHo Wcro tho matters likely 10 como III for
discussion aud action. 1t had become evident
that the heatcd argument aboyo altuisd to would
lend to u stur1ay scssion and that personal roel-
ing l9t!aer Than unbiased Judgment, would outer
into the proceedings resulting i'll hasty !cgiula-
soo,i 90 Tho Doard had boon called to order by
Vlco-lrosaent Drown, iucmbcr WHO
haa taken no put in the tauglo
moved IN adjournment for ono weok
Who had hold aloof fr0nl the discussion. There
wero crics OF mo! no! Don't ndjovrn!" Tic
mover insisod npon tho question, aud domande1
tio yeas and nays.
Tic Chairman, ira. apoogizing for MI snfrac-
tion OF parliamentary rt,le III tobaing nj undo-
bHtablo question, protested against Hucl u pro-
ccodnS. md requested tho inuycr to explain his
roasnt!B Tor ths motion to udj0urn. Tint eel,-
tlo,nan did TO, saying that 1t WAS clearly eyidout
from tho temper Ut some Of the menlhers prpu-
ont tin. tho Hoard TaA in no condition to haudIo
tho grayo questions which would cunie IN, and
that, III order that nothing nasty md ill-auYisod
should DO done, ho Ind moved to adjourn Tho
gentleman who seconded tho motion stated TINT
these woro precisely his roasons. After these
oxprosaiona tho motion to adjourn WIS put to
vote RiI carried.
LEAr1Ha THE noAnp.
Tho following l0ttur lloBtlH 10 explanation:
CHICAGO, sIepE. 10, 1871.
-tfred fas, Es1.. ssrretry Ghssaa" HURT u 0rier
DEAi! s1n: po'lsrius that the haHty and arbitrary
srton 0f tho National noard III lronulgatng through,