, 1879-04-10
Southern, l:astrrn, a,r' Western experience,
will be found worth study;

Ohserve what n harvest tho companies had
from " Illinois and Iowa, mud whnt contempt.
bic 1irure tennessee cuts for state scckl1E to
isHpnsc obnoxious legislation upon her own ns
well US foreign companies
TIE AsTf.fNsuHANCE LEGISLATION
proposed this winter literally "kDows no North,
no soutl., ITO East, nu West" for II Is general
The companies AFRO taking it very coolIy, al
though valued pulley las; sitniIar Ia the Wis
consfn statute. IL being vigorously pressed right
under their noscs IN New York. Massachusetts
nlso las pctnl!rg bill ta,rrat,y pasacd one
House q! l1cr I.cgssfaturc) requiring tic com-
1,ahics ~ valve CERTAIN conditions tn their poll.
NETS Of obnoxious legislation l,nil from, the
West. The legislators tiay fm:cnt new schemes
tn compel companies to ass'lfn1 new or differ
cnt contracts fFum those graulcd IN 0!lIer States,
mud to draw bltrDd.fnuucy from tue cnEnuantes
by statu laws, but IN tslt cinl all tas noucy and
all tic burdens imposed Must bc nnd fur bY in
susera. Of course, our flre-unt!erwrtcrs ricw
this question viii thel1 eyes blinded to ihcir
.ae public will ee. the, chief sufferers:
From. tt,rIr standpoint they arguc tlmt
captta invested III insurance stork ID cn3tlcl 10
BIZ - ,reu lrotn interference as my ol'rr eas.-
iinf, and they fail to see why ih. Legislatures
should seek to control their contracts with the
public any moro than they seek to control the
contruets between pork-Packers or Nry'Eooah
merchants. u,le Of the srewdrst slulcrwrIttrs
year of crnzc un tic subject Of insurance COM
tnltcs, nrd thut the craZu will exhaust ttsc1i nB
soon as the ucoplc realize that they, and not the
companies, hre payln!; the piper.
MORE JOHN HULL. CAPITAL.
Tic Norwich Union Insurance Company Of
England has 'uadc q deposi! Of sc0a,0W Ut Al
bauy, artl las lrrn authorized to transact ousi-
hess In tlis stntc. TIe n.cncr Inns lccn COLL
,nittc.l to the care Of Mcssrs. Fratnc Il llase,
picatlons for the Chicago agency. {perhnps tho
sought the agency nj The Ahericat, OF New York
NAV transfer tilcir encrEtes tO tic Norwich
Union, siucc the American Is oisposcl of, The
ro,,.I.Ig n1 this Companr ht.s hccn uutlgipntel
for mnny months. nsrt rrobahlY tiozen cner-
gctlc a.cnta III this city have tried 10 secure it
iur themselves. It Is we'll known that the Lon.
don & Lancashire Coinnany cuntumplntcs mn
! ea.ly compliance with the New York laws, md
! Yh6 Company Is tied up somewhat With large
rr!Ilsuranees chrrtcd for the Liverpool, London
Il Globe, and is not no free to accept .stncrtyail
risks US the other English Company. The LON
dun s. Lancashire agcncy will be prlzo for sotne
distinguished underwater. A.ltl will undoubtcd-
| j. aclcct trst.caks purity THE report Is wide
u circulated that It's Northwestern business wilt
BIZ committed to tile management OF EhHrle5 Il.
Case, Of your city.
CONSISTENCY or AN ECCENTRIC EDITOR.
| Anropos of tho u Norwich Unonn tntrec
above mentioned, there ,s considerable auluse-
1nent in this city over tho Inconsistency Of Stc-
phc1i English. the belligcrent hut talented edit
or of the i,.suraAce TI,ses. Stephen uBcd to
live in England, und fancies that he hns great
influence IN tint country. During the t.iHG tllNt
the II Norwich untnh " WAS preparing to enter
this State The Insurance 7;1es notieed the Coa,-
InilY favorably OH many occasions. Ill tho Feb
ruurv 1imrs It was referred to IN the must
la,1iatury terms, but, atas! the Company ap-
pointed agents contrary to t!r etitort. adytrc,
So III illu March issue Of HE Times 5trplen Euea
! for thu C0npanv a,,d Its new representatives
with characteristic rncrgy. liz could scarcely
| Say TINT thu Company was Il weak Institution,
Init lie lnt.nntcd II ns strongly as he tufed Tic
other isuraurr jOurna's have taken up the sub
editur. but ht hrlstIGs UP, null will talk back
with energy. no doubt. There will bc some fur
| before the i.atuu IL ended. MEMO.