Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1876-04-07

When new ship is built it is said of her,
among other things, that she is classed in
this, that or tue other "LlOyds," at a GER
tain rate, and thus the general public has
been made familiar with the term without,
perhaps, understanding its meaning. There
are people who still labor under the hallu-
cinalion that Mr.. Lloyd is still living and
has a post.ofl flee address somewhere, OF
course. or all the queer ways by which
men have immortaized their names, there
are not many queerer than that by which a
certain Mr.. Lloyd, who kept coffee house
in London during the last century, made
his famous. He bad the good fortune TO be
largely patronized by shipowners and cap
tains, and "Lloyds' ee-house"-or
"Lloyds'," for short-became In course OF
time the recognized rendezvous for all who
were In any way associated with shipping
matters. But, ailer while, Mr.. Lloyd
died, and his coffee house has long since
disappeared, but his name shines out in
letters of brass az the eastern end of the
Royal Exchange, in London, and is famil-
larry known in the uttermost parts OF the
earth. SO curiously has the name OF the
coIee-house keeper come to he identified
with shipping interests that 1t has been
adopted by various associations, composed
of underwriters, who have agents in all
parts of the world TO insure vessels aud
cargoes against loss and report casualties.
There are at the present time in London
two distinct associations known as Lloyds.
The one with which the general public is
fan 10 ti,att tf .n,lfnt, of
is made when a vessel is said TO be y at
Lloyds. This association was founded sim
ply aud solely "for the purpose OF obtain
ing a faithful and accurate classification of
the mercantile shipping of the United
Kingdom, and Of the foreign vessels trad
ing thereto" The original constitution has
renal ned without material alteration till
the present time. a committee manages
its affairs. The details Of the work per-
formed Ivy Lloyds would probably have
but little interest 10 the general reader. II
is sufficient to say that certain letters, etc.,
which are appended to the names of ships
indi cate the soundness and seawoIthiness
of the ships themselves, while the figures
which follow the letters indicate the COM
pleteness and sufficiency of their equip
ment Thus, an "a T. ship is not ouly a
good, sound craft, but is thoroughly we'll
equipped. From this position in the course
of time she falls into another class, and so
on, until finally, when she Is too old and
cranky TO be retained in this grade,
"Lloyds" will have nothing further to do
with her. In 1876 this association | ad on
its books the names of over ten thousand
vessels. Taking the two British societies,
"Lloyds" Il &"Lloyds' Register" as they are
popularity supposed 10 be-as one great con-
Germ interested in all that pertains to mar.
iline affairs, they constitute an agency such
as the world has never before seen, and
without which British commerce never
could have attained its present proportions.
At home there is no vessel of importance
that escapes their vigilance, and abroad
there is no spot 10 which the telegraph ex-
tends with which they are not in frequent
communication. There is no place which
ships are accustomed 10 visit where they
have not pair OF eyes on the watch, and
representative ready 10 transmit intelli-
gence and TO act on their instructions.
The Austrian Lloyds was established in
Lc~o, anu ueAI III Iu1poTtdhCc W tnls - tno
North German Lloyds at Bremen. Then
there is the Bureau Veritas," internation-
al in its scope, established in 1928; and the
"French Lloyds" and the american
Lloyds" of a more recent date, but equally
as comprehensive and trustworthy as those
we have mentioned. The american
Lloyds," universal in its character, has
some 10000 vessels of various classes, is
managed by the enterprise of its surveyors
at home aud abroad, and was established
in 1857, under the approval of the New
York Board of Underwriters, ship owners
and ship builders. Marine insurance has
become a much larger business than the
imposing looking individual in scarlet
robe, who used to guard the entrance to the
handsome rooms of the original "Lloyds,"
ever dreamed OF, and the system adopted
for its regulation is wonderful, TO say the
least.-BoSton Globe.