The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1882-10-25


lished to correct some serious Typographical
errors, and to enable the author to make
some additional comments
TUPELo, Miss, Oct. II 1882.
EDITORS CLARION: have just seen the
article of my honorable friend II. NJ. Street
in your paper of the 9th, commenting OIL
some remarks of the Comet on the subject
of mutual fire insurance in connection with
the Lee Mutual Fire Insurance Association
of Tupelo, Miss.
My friend seems to be somewhat agitated
on the subject. We are very much grati6ed
to witness his deep concern for the interest
of the Fire Insurance Fraternity" and
hope he will give the public from time to
time, through the press, the information in
facts and figures, we all SO much desire in
relation to matters of such moment to the
public, which his eminent position in said
fraternity" will enable him to obtain.
To be more specific: Win my friend do
the country (Which has delighted to honor
him in the past) the great favor to inform
them, through the press, the aggregate
amount of premiums collected, and the
losses paid by this Fire Insurance Frater-
nity," in this State for q term of years
say five or ten years-not isolate half years
or quarters, nor what this or that agent did,
but give US a fair statement that will do to
base our opinion or calculation upon; so
that the people may see for themselves who
is debtor--this grand old Fire Insurance
Fraternity" with its millions of capital
and brains" or the people who have been
paying the premiums.
Why, sir, to hear some of these Fire
Insurance Fraternity" agents talk, one
would think all those millions they delight
to refer to were made up of paid up capital
stock, and that these "cash assets.n as they
term them, we're the only source from which
they draw to pay losses. One agent doing bust
ness in the western part of the State, after
logging the 70 otsteps of one of our agents,
for several days, trying with little success)
to set the sheriff and marshals on hints
sued a very windy circular to his patrons
warning them, etc, claiming that he rep
resented 100000, 900 cash assets" Few
men, except they be Greenbackers, can COM
prehend readily such figures As to the
sbrains" he represented, he did not give the
were inadequate. Now,
Is far as I know, my honorable friend is ex-
smpt from these extrayaganees, though no
1oubt a strong believer in capital and
brains"
| refer to these manifestations simply to
how that my friend Is not alone; the whole |
fraternity is agitated on the subject Of
mutual FIRE insurance. What We desire, /
md the main object of this paper is to elicit
discussion. This mutual assessment plan,
which is meeting with such general en-
,ouragement among our people, Is an ex-
,eriment as yet, when applied to FIRE insur-
.nce. ], though a strong believer in the
Ian, am not prepared to say what the ulti-
nate result will be; hence / am anxious
hat the question be thoroughly discussed /
y the wise as well as the simple, 50 that
he people may be informed, for they at last
re 70 receive the blessings or bear the bur
lens of this true or false theory.
will suggest another query to my friend
nd champion of the Fire Insurance Fra
entity How Is it that the mutual assess
nent plan 3 50 coed il life insurance and 50
al il FIRE insurance find these agents of
his sire insurance fraternity Of yours, who
re- opposing and trying to belittle this nu-
ual assessment plan in Ere insurance. in
very part Of the State, are the strongest ad-