, 1874-09-29

II so scattered that tho rsk ls considered good
ono, and, therefore, policy i1i small company
would be- j1at as good aa TINT isaloa by another
having tnreo or four times as much capital.
NEW YORK.
Tho Now York Graphic Of Friday has tho fol-
lowing.
THE POSITION OF THE 1EsUNAHcE COMPANIES.
This morning, tho President OF oue Of tho argrst
q iong conSersntfnn, INV 10 e1psanc ID 1al tho posi-
ton tukcn by tho Doard and "iy II was considered
necessary to adopt 10 radical easro to otFect their
"You must remember" said 10, "thst ohtcsgo was
built up by the INSURANCE. co,npanica To say notn9
hat sumo attention ought to 10 rall q request
lat Great IT. nsc. I' oi our Companies esneeled
ASsfH 1 a., ssa ,sss. IL s ss ss IT, txs e. Sse.s5
do whut i viii ni!cr wlat has taken niaee.
VII ns a Ts a 9s IT, t. oo to e e.
acted pig-hcaleiy ia .ss matter. ws made ecsta!n
ac.!ng viii III oreray a @ and viii IN evdaut nention
euro cr city from loss they haVo travelled all around
"Won't you oxp1an yonsself moro parsleulary7"
| TIE DEMANDs on cuICAHo.
| "Wof, wa asked tltn to establish a Permanent
aro-linit and enforce tho laws relating 10 TIC cree
;,on of wooden bn..nss and no an thns s wooasn
rosea ii parts Of the city daGeut to tho principal
stores aud warehouses. Wo asked then to compel tho
/ vent tho spread Of fire from boro to atore. They
haYon't done it. Wo abkcd them to rcorganixo tho
I'll t,,o next ~ eiection. Meantimo il II jrmorsiizcd
| tlrough political influence. Thcro ts 10 such thing
~ military daclpl!nc. Tho Commissioners manage
in OF nis4ap rcady to shoulder tto resposi-
say %no n ws :, nsssa as aen 70 lay nS , nans a
appropriated for th.s pMrross sAe sam os 200 900,
Who sr M ow ~ on5s Engineer q ~ M ssys
asked .hnn 10 cstahli1h Flro Marshala bureau to
nseseae the orgn q aEes saa tey 4Hy gly, talk X
% rass and eutorce law for ihc removal q ha ium-
ber-yards atl Of those Wooden buildings which haso
o e sey as y Ss &c cona
Rer. aud tuey haSo uot iono g. Eyen Iron 1huttcra
ntaehed to 4'rics stores sto ", n,lro4uen.' ",
y asnseseasi" 's ~ . ~ ~ :, . '''~N'
THO prevailing wind In that part Of tho coun-
and cou1es with force and frequency which wo IN
New York aro eairsly unacctstoIned to exEorfense M
snd sS s ssns s h t
Towards the very cSnto of tho city With tho forcs aud
effect Of l]ass furnace. Tho arsneu can only fellow
weakly n itH wakc."
rRoNAplY EsfEcr ON TnE puslHEhs OF TIE CITY.
What efrcct will tLe withdrawal Of the business of
tho lnaura rause companies Aaye9n
:" 1t will ruin the business Of THO city. In the tlrst
place, NIL respectable con.punics Will Withdraw What
goods, trust gooda q oeaeo ncrchans, when ihsy
have guarantee thai fire will not sweep AWAY orcrY
ia its grain rnle hut whit EASTERN capitast will at..
yanco money Oh gr.in IN Chicago sorc.ouac, whero
ton, Or whose riuka aro greatly IL o1css Of its ay
to met tho very eaa,ny rofesssa to gnara .s Gus
grain dclot." '
Dut why can'k Chicago b,lsiuc:s men nsure thenl-
so'ea e1thcr BY mutual conn any, or thronga tha
PROSPERITY which their patronage would confer on tho
cuMpaura that conncute1 10 do buBiilcas tlero Z"
...Iney WON'T"
II why not :" .
49, " ~ the ilrst place, they know too much. Tho,
s eir a a VIZ p ~ ~ ta aa th nI
nn1,ie. they hays bccn wiling tu du ap but Won,
undertake tho risk themselves. Money has leeu
atlo rapidly, and merchants haya been uLe to stauL
any drain short Ut tUtai loss. They will not stand
this fight. It list 10 remembered TINT tho pressure
brought To- bear upon tl,em viii 10 gradual
viii not cancv{ thcr POLICIES At o.co. Il Vii u
year bofore all their poces Hill DO cancc1cd. Mon
ay w ss Tic oco, s1pro snG ~ aro not reosed Il
tle result hcgtns force ,sof upon their nnds tat
s eessaon chfa e. ss ewn
ey antores Z .ake aetiS1 Z ,sa't So q ,s wt
ss;s ssas r. sopsa!ss aays , T1 s;
change for thu better but at last 4ayo gsen III
in despair"
ss or o, 7E ,t o1o199 , 49, 1asM7s
Of tho companies LaYo opposed tho withdrawal of tht
| insurance Gusuess7H
Hes they Of corto will ind tllolr bueiness broker
up, mud very natrray resist tho movement For son
| reaenu t4py huyo mol believed the companies woult
Withdraw, lut you may be assured that nineteen
OF twenty will do 20, an,i II tue Chtesgoans should b
ioolal enough to uflaa to re,nafning companies b,
Giving them tleir risks :hey vault ind Themselves
n q not e1traord3naIly arge 'ss, lean|
tn aEs,,n,n Il risk n,auy comraies may 10 pused u,
into an enormous appearance Of prosperity; but
does require capital to Iay losaes and hoso In h
nreeonf rnuInn nj tl}encu arc euru to Cotu tE1cl
Ind fast.H
-. IT,, VA. y,,,, .1,,:1uro x.;uit.i
reporter o. suo fe" 1uAA 1,tuH"e s'3'.It ~
lilo insurance otlcca IN taat Guy tIiua1, alld LII
reault OF his tnycstigatloH In ~ foio"a:
ruv HANOVER 1NsuuaEcE COMPANY
snnonncei ttcjr intention Of atlarruaIns al hu7inee
With ohlcsgo from 81. !, asso.ttaneo with y
.sIret Of the city Vas coccrei ts.ry Ind alrcny 70
fured 10 tko any risks. Thu ohject of thu ucsou Q