, 1874-09-30
Creditors Of the Great Vest
eTu.


from other PLACES will remain.
Tlt!t rEEL1S0 AMONG INSURANCE. AuENTa
yesterday was mixture OF hopo aud despair.
Whtlo tliny hoped their means Of hvonhooa
might not bo t.kcn from them, still thoy felt ae
II the worst no uld como. Thoy aro an1iouay
looking for to.'dly's mail, which will cithor bid
thom to 70 ON or look out for another occ,i-
laton. Tho act,on Of tho Common Council
Monday evening, In not acting moro promptly
OIL Dir. Dixon'a proposition to lay new water-
mains, has dopraaRca thclr spirits considerably,
aud thoy foar thst this action will haye daa-
aEng influence ut Now York. A largo numDor
Of tho agents nro now at tho East trying to In
luco tholr compau los tsignoro tho recommends
tion OF .no Exocul i've Committee Of tho National
board, and nun lber have promised to send
ropresen atiyos to thtY city to 1avo another look
over tho fold bafuso taking action In regard to
tho rccommonaati On to withdraw. 4 number Of
the mauagorH Of thcso companies will arrive hore
in q day or two, and havo a consultation with
tho Northwestern Co-o7oratlyo Committee.
An. MONTGOMERY,
tho General Acons Of tho National Doard, who
did most Of tho III iachief by bis unfavoruhla so-
mort when sent her to examine our anajrB fov
weeks ago, will a'.'o be hero agau In day or
Two to have auothel: 1ook Tho feeling among
the Insurance aSonts against this gentleman ia
very bitter, and hls reception hero will DO ony-
thing but hosptablo. Tho managers Of tue in-
disidual companies doairlng to witaora" arc not
bla.nol, it being stated that they wero compelled
| to taho tlis Hction BY tho pressure brought TO
boar upon them by Nav York merchants, who
| wora jealous OF tho rapid erowsh Of our clty's
trade and tue 9ss1s could nt 9esasP f S of
Quo Of tho moat lroinincnt co'np";'es ~ NOW
Yo.ll stated to Lis agouts in this city, when i:l,
forming them Of tho withdrawal. that they could
had calod upon them, and threatened thcm to
Withdraw their patra,inge unless sAoh action WA
taken. MIR. H. II. Hall, President Of
THE NATIONAL INSURANCE COMPANY,
Ner ooSn aus oser 7 ho % ed 3 se and b. was
affairs in 'f:hv CITY, and tho future pros
pects, that ho ae onco gave orders G.l.',,1o 60
to ntltorwrit on desirable property, undoubt-
edIy many the managers who will bo hore III =
day or two will take ai,nilar action. Wnon t1a
National Bo.iid shortly after tho hto Of TUG lato
caao Of non compliance to withdraw on tho lat
Of October, it was merely intendcd to searo our
authorities ,uto compliance with their demands.
would bave left by tho lat Of August or tho lar
| at Ropscmbcr. Tie reason for making 1t tue
= 1st Of Octobor was because during tho Lust part
Of October 1ncrs policies o1pile md mist bo re-
: moved than III aug thrca mouths combined;
: no}f.jes mature during tnIs month. The Naw
. York iobbers aud merchants, many OF whom are
:, stockholders in those companies, took aasantaEo
Of t1a circumstance to strike bio" at our COM
! p,ercial interests, aud titus regain their i9sf
t ground. There is, however, every probability
tlat their schenlo will end ip smoke.
THE WHOLE WEST,
without m exception, hns taken up tho gauntloh
: for this city, and will stand BY it ~ they haTo
t done before. Not aiuglo Western insurance
g company will Withdraw, and large pu1bef q q
cues aro comg h9ro to fake ,ne pafS Com.
) rany, which heretofore hes done no hu iincds n Ia
tuls CITY, l,ns forwarded tho following dispatcn
:! 70 thcix agent Ii thin city:
!" You, tho appointed agent Of ths uunao lnsuranea
conpny. are horeby iustructed do ro bns:ues. IN
the CITY ot Chsaao Take w. no ssR: LIZ, sxseSun y n
i | E. u. SMITH, Secretary.
y Mr, Smith is cue Of the abIest insurance men .
0 IN The country, and knows what no IL ABOUT. no
= ! Ina heou iu the city himaotf to ascsftaiu tho
= state Of aGairs, and the above dispatch la tho
II result Of hir obacrvations. Lad tho Ne" YORK
II companies doue as the buffalo Insurance Hoia'
IS pauy,-exeluttcd such districts as were extra
6 | ha2arluus,-no ono wouo maya aooho nay a~0A'
1t With them. .
THE NORTHWESTERN COOPERATIVE COMMITTEE
70 Of tno National board MAS in sess.on Ill day yea"
terdar at tho oco of Mr q L; Care, On ~ Hagn, n
II following mornbers, all Of whom ware present :
ID Mr. 9. ii. CaHo, Of this city, Chairman Mr. q.
u Il. Lyon, OF tho Insurance. tirn' Of Dncat Lyon
o[ this city Ms !, ~ ne ~ aa1uuu ntnsu O. M mr.
10 II. n. Magl General Agent Of TIC fnoenx o.
IL Hartford. At Cincinnati, u. aud f. .. bonnets
General Agent Of the Mn' OF 9saon
d tho Committos could not bo Lon iosrnoa r.
I'd NJ their yossions arc held n private. put thej
ut stated that thus far they bad dopo no1hins nu'
lg to compare ratoB for towns oataaoe tns 1'ss
ii Toir sessous viii continue for several M M ,,f1 days M
10 md somo action in regard to our Affairs MI! W
10 taAeu. tho ncnbegs OF ths Conutttae aet
Id unanimous In thoir oplnlon that tho E1ocntise
t. Committee Of tho Nationa nara nas sr.no,
H. WITHDRAWING COMPANIES.
10 The companies that arc understood 60 has<
l. eivc,, ,.oice OF their Withdrawal yesterday, az
II the Niagara Undeywglters' Agency consisting o.
to the Gorllanln and Hanover, aud the Home, g. q
10 Nav York; tho Insurance Company OF MOTIF
Auerica, Of p'aaepna da,anp sna nS ~ snrins
I'd "'j', Ihe Exehsnse Of New York. and shs Armenia
by Of plttsburg, have given notice thAs they MI
ID FROM HOME COMPANIES.
"a. Wa publish the following letter to ono OF GnI
liz cfszu1iB, written by ono OF tue odost aa "S =
HRh - ono az oi to part
no nora IN tho e's-known asm ot aat MaaaWS Wos
Yo Quiou. tho prinoipa! owuera OF the ureas Moss
line Of pteaq1sps 5nnning o oVnn'v s vbo f
or compliment to Chicago, named ono 81. ot tne y
steainors tho Chicago i viii 30 seon stia thss At
90 Willixna, whiio anticipating that t4o aesaoa
on some ctr troube yot SLOWS " that out aitua.ion
ID. by no mea.a hope!css, T Is oi great inpos N
i will show thS e11res9ondents TT. n
Williamu i Gioun abroad that thls urn baa lul
We fith In tbe ability Of our cstlzons TO oyeroom
by Iho effects Of Tilt dassArdly blow simed Ut Chi
eago credit BY the shott elEhesa self saoion
id but ignorant persons The e1pootea lhree mont!
q NaA nu1rl0 tltio ~ WHICH 70 Eelu1u tAo aua1e
!le and defects Of thirt! yoarss
hs 8, WALL s7nxxr. Nsw Yonx. sspt, n. ls7A
ra 4"S Mx ns1R no1Ns: read In tho pspesa Of Til
's morning that tho underwrise1s have turned tae
USrks upon oh!esQo. leaving your boxufYl CITY to M
go know anything sbout tn question, pu yoa ~