, 1879-04-24

q F. VcItor & Acllclis, corner Lconnrl nlnl
Church strcnta, utctl 10 bc written at fk rcnta;
y It va. rcuur,cti from BOSTON tl,at lilo
es", e I wsh fsw s''a takcrs .er' rho % saaso i
~ requirement. Of si.2 ooo. o. t.s .sos satee aas
LIo used to pav to cents, was rataed January 70
85t nlnl lask week rot Ills whole lnc ut 6J.
Nominatly tho English companies hnyo coin
pnct tu charge Vrufs tariff rates In tic drygaots
wrots over $4,000 In the heart Of tic district
recently nt full ~ cents under the Gross thrill,
nnd the Imperial IL quoted ae doing the same
thing Oh another risk. As to tho local aai1 tic
tho gross tartiT ratcs Ia exceptional cascs, hlnl
don't mako anv prctenslons to virtue either.
Titus you scc the underwriters OF New fork,
within three months 0f r1usinI ftro which
all their backbone, and are seemingly US much
demoraItzed rs ever.
TAKING THE COMPANIES SHARES.
The city companies nroRplNg through another
per!ud Of tr'hulntion Mt this tic lost tho Legls
laturc shall pass bill lcsyng taxcs OIL tlse mar
ket va'no Of their shares, They nro 40 anxious
to avoid TINT rock t!at they have proposed to
tic Albany 1aw-rnakers That ,iscy wilt usaont to
taxation OF their gioss premiums, 1css losses
md taxas paid to other States, On this, how
ever, tho companies aro not united wholly, n1,l
If they arn not unanimous It may be imagined
what chance they have Of convincing the I.cgIs.
laturo that It is a proper method Of taxation.
pos. s Sseda IL y u t s o ad ey see Ssr sqk M % S
i1dtflcscnse TO #. But the Secretary Of ths No.
tloral Ut New York tallta many moro with lim)
beftuvcs tENt tho taxation Of receipts will ho Il
Eran. gamY on n'e bsitist' ant Herman eGlnpa-
nfcs In plactlI, them upon an equality wish tho
city counpnnics III the matter OF taxation. Some
how these ovurwtse gentlemen fmnEnu tllut
they cnn yet even OIL tllrir lost premiums by
taxinE English companies. The Legislature
meanwhile has done nothing, but tic lobby Ia
threatening dire disasters assd tho companies
ura trembling
TIE MUTUAL 11fE's EXPENSES.
The editorial advertisement Of tho Mutual
Life inserted tn MI the papers IN this Vicinity TO
tho effect that In tln scllulno for reducing tic
expenses OF tllnt Company the salaries OF tho
President aut tic higher officials would partiei-
pate, was tar1y tribute to tic sentiment Of
pollcy-holdcss that tic holders Of the fat places
should conn down from their high atools antt
give up ut cast portion Of their big salaries.
Anybutly wilo knows preatdcnt Winston will
caaIy understand how sore he Is over the de-
fcat Of Ills 80 per cent relate plum. 1t has
leaked out uiat flc wus warned IN aiynnco OF its
prolnulrutlo1l tint it would be attacked by oil
nolcy.tloIdory nud tho extent Of tic opposition
and clale,ed flat tio Infusion Vi srcw b1ond''
Into @ % il.o CosnInny would bo 50 pa,pnSy ior ti,e
bcucllt Of old policy lulders that ns souiIn they
understood II They would submit. ''lllu report is
curront TINT Mr. Winston is not ret con-
yI,cei that he was wrong. liz thinks
thu policy-hosders wcro wrotg. a friend,
who lns ha.l solno experience with Winston.
says ills stytu Of argument is like tilat
Of d certain preacher notcd for Ills obsttnacy.
Whc,. he lad hard argument with an iuii-
yitluul II was hts custom to ask tho mau to