, 1874-10-07
TEE SPECTATOR.

Tho last number Of tho Now York Spectutor.
speaking Of the action Of tho Executive Com.
mitteo Of tho National Board Of Undorwsitart,
BayB:
Wo nead hardly say that we regret profoundly thai
te Nutions! bo"rd haSe felt Obliged - to this
could avoided. within low wecSs lrlora a. tho t Jay
appointed for tho meeting Of thu Executive Committee
We thought that we nal discerned symptoms Of an
realizing aenBo Of their condition. 4 CtIzeus'
Committee was contemplating thu ways asI
Gt saFFSs S e ssg ssSSa sa Of a, n
with prominent gentleman Of New York. whose *
5ersence aud rase executive ta!etts would make him
60 Fire Department. Tho extcastnn Of the ire-nit4
and tie laying down OF additional water pipe wsrs
Tho prtsa Of Chicago cairn aut there was a oarsss
effort lsing adc to get Chicago into shape 10 satIxiy
the underwriters, aud that II little more time hud
ltecA granted 1t would hare been done. 9s tllia W
i may, the ssgus were 10 much more prousis-
Ing that We had anticipated when last Issue went
to prcAa, that We had entertained Lslief that tls
action threatened by tho Un,lorwsitors would Gs
avcrtcd. But thcy hare juagsd upun information,
douotless, more exact than lave been abas OBJ
calMc BY some Of their Warmeat freuls, or dellb"r-
atoly - with singular unanmy they themselves d.
nct las been done, and tho Living question Is, wlat
IL best for Underwriters and tixcns to puru,
under the cirGutnAtaucea7
by tile np!oafant turn affairs lAye takeI al, it s uut
Surprising that they should e:ceu uald Indignant,
good e of hestad tulk Should Is ths resuis, But wo
think that whom tho hrst ansh Of anger o auA
thoro is time for eoa reflection, T. viii ba ngrre TINT
veil 70 talk of depcn'l,ng upon tla indemnity
] sespess oonpaaiss aud aDot ata' s for,aao M @ of
moro homo COMPANIES, but after s, business ne., IN
chcago, AMI business a4 who sell on credit to C.1
csgo will never b satisfied with MY Tut the most
doubted security in tho way Of srant:, anl cntal-
iHts are not going 10 put their MONEY iuto new suf-
snee companies Formed viz, IN lsa u tl9ug los.
Investment. We expect, oi courses that an abuor,u+l
of tic dslua tof chicago ttnpe and tlat y Of tlo
cmluyonio affairs, which have leen ntrnygung for
share for the past year vii nov BE- % arn to fe We
class companies Of otlsr Stacy to chlcago: sotno
good companies .!1iossbedly will remain. They WILL
uot ui tAon Dut tl.erc will bo feeling Of insecurity
in business etrcrs In ctieago auda tcsIng Of III;
tSesx fs ss w 10 t a aecc q s xrea. uoc
Nar do wc thiuk that this quarrel need bo .iutcrnt~
tist it shall ce.se. Cheago wants lug 'c:dig eonp:~
noa. and tho oading companies would lNe to a9 bH~
ness II chieas II !; = o9,if nre nSsy at; M e.
e nrl tho withdrawal ot the companies entails satt
vide uneu thonFnl'cs Thei! Is BY no moans conuid-
considegatipn of teir relations With zach other It
oyse. aud Ia tho spirit al consultation Oh bot,1
:' fsy ts sHns I'll h'e hs eor44 81 ot
nit fhrr magnificent csty Into complete stats Of de-
csn agstnsi are thsf ran IN reasnn iA' demanded Of
than lat thom takH mt4s!res u r0.lyN tho National
Board of tho facts. aud thu National Hoard OIL its part
should be evnr willing 10 Re,, eyer anxious 10 invts-
tst there ia 10 necessity for hs ttlo nuplcasuticss
tu continua week oneer. 14st thpro 10 committee
Of conercnre aprolntea and sGotiaii"s opened fora
lasting xmce hAsod On mutual contuolce M oarh
othsF,S sIfelleAz.