The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1882-05-06
Ips.lI,ance - a safeguard.


The welllknown axiom that to be
orewarned is to be forearIned" has
gery practical correlatise in business
.attors in the phrase thai to be ''in-
Shred is to be unidentified H But it is
matter Of profound regret that SO
1any merchants, who 10 everything
Nlse pertaining 10 their calling are cir
nmspect to a positive degree, are to
~ found who fail to remember that to
Aave their establishments fully insured
gainst loss by fire is one of the prime
actors to be taken into consideration
ia a abusiness undertaking There are
ssrsons engaged in commercial pnr-
snits who take the preoaution TO throw
round thepselves all the safeguards
bat experience has taught or shrewd
mind eau suggest, who anticipate the
kigencics of the morrow by the prep
rntiou of to-day, bHt see no virtue in
rs adequate fire insurance policy, and
gard il as an item Of unnecessary
pense, to be indulgcd in only "wheu
Ie profits Of the business justify the
Agtlay," with the remark that it would
e ia good thing to have IN case of
lire.p
Intelligence reaches MS thatthe drug
grocery house of Graves Bros, Of
t Airy, No, was burned on March
Eth. The fire was caused by the
Popping Of lighted haudlamp, which
Communicated the flame to a lot Of in
lammable material aud spread rapidly
81 all parts Of the building, The stock,
amounting to $4,000, was insured for
I500. 1t is said that about $1,000
Worth Of the goods were saved, but
81 what condition we are unable to-
state.
While we sincerely deplere the mis-
ertpne that has befallen the Messrs.
raves Bros, We are forced to look
lpon this occurrence as another Illus
iatiou Of our argument in favor Of
varying sufficient insurance. Cases
IKE the above occur daily, and only
tQp frequently does it happen that the
anouneement to the effect that a total
RS has been sustained and no inspr-
f.ee whatever was carried. In nine
ases out Of ten this announcement
|ht too plainly carries the conviction
~ the unfortunate business man that
is want of foresight in this respect
#fs given his mercantile le career a blow
Sonl which it will be difficult for him
recover, and the consequential dam
sttsas, &c ,,ll,iob l.a 80, s,,,,,,,5tr, ,,,,l,t
ks the extent Of lis faith in 4s1nanifest
estiny In all probability he had
alsen those measures Of safety that he 1
Apnsidered necessary; had provided
mself with asfire aud hurglar5proof
LIE; had engaged a special watchman
guard his premises by night; carried |
y surplus funds in a banking fisssitp- !
ipn Of known reputation, but all Of
s's;ais pfecaution did not prevent rat
nom gnawipg bis stock Of matches
II extinguishiug the light Of the lamp
ben it fell TO the floor, resulting in
her case in q partial or total de-
notion of his establishment,
ny one launching ont into the /
Fsiiless world should remember that
t'lf expanse is great and the dangers
NJ be guarded against are mauy; that
eidents in business, fraught With
esF degree Of embarrassment aud |
||iAsible ruin, happen when aeast cx
cted, and sometimes ina nannernotE [
snsideFed within the range of proba-
Iities. For this reason should tile
:Rrehapttake advantage Of everything |
at will tend to make bis business
and enable him to roeoger from a
fortune that would otherwise pre-
2Ent him from again anSbarking In al
Iterprise that has borne every indioa-
FL Of success, III calculating TIE
Nportioa Of expense to iacome, tile
aEehapt should regard the conparp-
aRly small item Of carrying sufficient
irance on his stock as isaportaut as
payment IF bis rent Or taxes, and
Ilage lis business aceoraingly.
n