The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-12-04

PROPERTY or rnE GEog,4tA NEaRoEa Tho val
uatien 81 property In Georgia IA appears Il,
tho retnrnH Of tho Controller allows that til,
cplarad people af that State Rre aaanasnd fo
$751; 500. IN increase pf nearly sGnnno from laa
year. and arc tho posHeHaora of a4l 400 nrrea q
land IA n conHeauanc OF thia pronporeua con
dillon cf aifaira there arc few eaaau of tho OK
oduH fever among the Georgia negroes. ant
those only pf Rsroradic character.
AMERICAN COMPETITION. Tho contributor
Of al article tn u recent number " tho rnrH
Journal dea Dehala. on American competition
HaYs that he tbinkH European agriculture will
mot eapitniata. aimee II haa capital aud labor
and tho great coat Of transportation from innrt
America to Europe on la Rida. The writol
araeA logiaiatora to reduce Tho dutina ON Iron
which enhance tho expenaan on French tilera
The pnirii Of tho association must hn fnatared
He doea not doubt TINT when France again on
il ys the heneiit of proptioua wonthor ahe will
manfulS hold III against Amer loan oompeti-
fion, Of which such complaint Il mndo.
REINSURANCE. Tho New York Gommnrrlal
Bulletin aayn that tho codlnratIon of lnw4
which failed NJ the last aeason 10 become law
actually contained n proviaion that in ,nan or
double Insurance Tho insured may claim nay
ment OF n loaa from only one Of Tho innurnra
who ON paying II may require tho othcra 10
contribute ratahly thereto Under such law.
II i've companies had $4,000 oarh on II rlak and
total loss occurred any ono OF the i've could ID
made 70 pay the $4,000. With liberty 70 taxa r.
eourae 20 tho othors FOR their Rharo. In efroet
e. would put the companies I'm tho position of
successive indorsara on negotiable paper md
aimee the sharp propartf-owner could take ~
ger cent OF hlH insurance In cheap oompnnioa
rae i@Nn rzt.. "a
strong company. could make Tho latter guar
antor for all the rest, tho effaot can aaslly ID
predicted
kEsrsriNu PAYMENT or INsuRANCE Ioasrs
Mr. Hone president OF the Continental Insu-
rance Company. 81 New York. who hna giyau
much attention % the subject ~ insurance com
paniea resisting tho payment 81 losaca says
In the last live years sixteen cnmpnn ioa aus
tanned sk.t26 losses on which thorn was ono law
suit TO every III lossea or a fraction lcsa than
sixteenth Of n sutt To each hundred fnrthnr.
more. one-half of the suits wrre not rressnd
but were withdrnwn hy the claimants Mr.
Hone adds that litigation must always coat com
0anieE more money than tho face of thp claim
Beyond this. the dislike which IRE and llfe IN |
surance company managers have towards In |
earring the frequently hasty aud un]uat odium |
OF resistance Ia not adequately Understood: II
often leads them To nrr In the other direction |
and pay demands that ought not to be paid
asnr city insurance companies rarely 20 into |
A.h bout lpsses, and then only In most fla |
SEND ksas d wrong done them. Particularly
koyai. iSal life company. the Louisiana
shippers are q TO avoid litigation. and Ia |
they have promns popularity.
N ont This In TIL
heard of Port Royal lar imports q brown
this idea Or 4 new port OF t7s''sO'oa pounds,
Il an old one. Every year ST. sugars ,h, sS,,'
discover a new outlet. One year n,unda
Port, s. O., then our little neighbour and
ing place. Mississippi City, again Eae ,eh /
ana now Port Royal. But the immense SUI
"a money to improve these towns and make
them rivals of New Orleans never come and
after d good deal OF talk. these schemes that
work 90 vel. on paper die away, never TO DO
heard Of again.