davidaulloa/AmericanStories huggingface dataset:
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29
CARRIAGE-WIIIPs.

CARRIAGE-WIIlPs.
To do this he has moved them down 20 one half
and two thirds their former price. To any one
needing WHIP this Is the best chance you viii
have IN months.
Iwant also to close out a llour SAMPLE DOLLS.
Some ale slightly soiled; some Gre badly SO. To
do this an our Il, sl.25, $3.50. and - DOLLS
are marked o. low rs Zoe, and some Of them soc.
This will insure their speedy sale.
Ihaye on consignment 1000 dozen TURKISH
BATH and BALL SOAP, to be- sold at 35c. u
dozen, which is less than the usual price at the
factory. Don't faIl 10 get q box.
Our line of HOUSEKEEPING GOODS and
TINWARE was never more complete, and viii
be- sold nj bottom prices. When IN want call at
STEVENS,
APP p sos Broad street.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29
LICENSE 4

ing-Iiouses' Commission Merchants, Coal Compa-
Mes Doctors, Dentists. Eating aud Smack-lIouses
Employment Agencies Lawyers, Lumber Mel-
s1rers' Mercantile Agents, Merchandise Brokers.
stock and Exchange Brokers, Steamboat Compa
MES sewing-Machino Agents, junk and oyster
Dealers, Photographers, Hotels, saloons. Restau.
rants, Wholesale and Retail Liquor-Dealers, Telc-
graph and Express Companies, Ticket Agents,
Theatres and Public HALL, Renl Estate Agents.
Bitter Manufacturers Botuing Ales. sc.
FOR all bills remaining UNPAID on THE Isr
DAY or MAY 4 ine Of not less than - nor more
Than - Tor each day thereafter VIII be impo.ed.
A. Il. NOOD>ON,
ap l3-l3t city Collector.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29

WE HAVE ON HAND FORQsEyA
" sALE, az the lowest prices, EN-af&SR~
TkNslON-TOP AND PONY PHAEIONS, an
assortment OF TOP aud sIDE-BAR BUGGiFS,
hoohAMAls, GROCERY WAGONS. aud one
NEM DRAi, All our own make. Repairing of
all KIND, a speciality. MINOR JACOB.
ap Him corner Fourth aud Marshall streets.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29
RAILROAD LINES.


RICHMOND
AND PoToMAC RAILHoAp.
RICHMOND, VA. March lf' 1909
ATTENTION OF THE PUbLiC
IA respectfully invited 10 the advantiges y
Ashland ~ a sU,fMER RESORT 10 aecf 90 1hlis
~ ,bnut Nav LIST " ADDiIIOrhE
PITtbNiNs viii he run between Elba lheld 81 srDSss
street. and Ashland, making IN ~ Ely sEnadmaysi'
* TACU DIRECTION daily (except Sunu'yS''
nha nov, trains Will run about ~ f0ilowg; al.
leave Ashland $40 4. W.; arrive al hio' OIL"
AN ~ arrive AZ FIba G1O
Leave EIba 6:35 a. NJ; arrive at Ashland 'i'
NJ maye EIba 7 p. NJ; arrive At Ashland 1850
/ And will make no stops between Ashland anu
TI rha accommodation train will run as at present
Communication tickets &C low rate
For further Information, apply 20 ,vrop
neTpom General Ticke, Agent.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29
yGeIyiA, CORPORATION OF RlcmoSo-ro

This day Lawson G. Younger, whose name Is
mentioned rs a general partner I'm The renewal Of
the limited partnership Of Hoffman & Younger,
the articles OF which renewal are hCrcunt0 annex
ei' appeared before me. 70 notary public iu and foI
the corporation aud State aforesaid. and made
oalh uial VI. Sllhlser ana Gust. Millhiser, tnt
uewal Of the said limited partnership, have cach
contributed 10 the common stock OF he said To-
neWed partnership The sum OF eight thousand
seven hundred and ifiy (ss.75Ol dollars; which
said sums OF money were contributed when the
said limited partnership Of Hoffman 4 Younger
was originally rDrmci-thit g. - sly. on the Isl
dav Of January, 1851.
Gwen under my hand this 3Oth day of March.
1855. WILLIAM VI. rIRPIN.
NDftrk Public
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29

Al rights OF the firm of HFtIMAN & YOUNG
being by Law transferred 20 tho firm Of l.. 4.
OF NHEh, az settlements are IT, be- made witt,
The last.named arm.
NH 31-6W T.. {. YOINGFK
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29

SCHEDULE OF IRffS-
l" Efth't 'tHEDAHh H. less.
LtAyE RICHNu.D.
T2o a. " NAIL daily 'eAc.r, -urltyt. Poe.
..'uHS 10 I}aclalrt el.l NIr-f.
Al-i 4d T.it.ay jog lI points
ho'tIisad NnrioiA tat Western r.It-
t'"d toI hNDA.'. tlLltluoogr. Af-
i.ttt NatlfII.. IU.I.rfla. Af.rl.
piis Sc" orleans. .ui AL potato
- lht 1itt n .4rl.. .. and IDN.-.
10y '~"tthr-, Ui,A..ltt b. lyur..
G.Fsi sI"rrer, Ltucht4i2 o. N,v
Gl""h' aud Memphis without
$50 p. NJ. ACC0NNoDAulDN daily lese.ot
suhIAy1 between Richmond ,lii
$50 g. NJ Nom EXPIRES daily .atc,p.
itt65cg,55S Ei.anoui,
Forge.
ARRIVE RICHMOND.
| ,gt2o =. ". MAIL daily Except sunday.
1880 \. Nj. ACCOMMODATION d4ii, except.
100 a. VI. SIGHT rXrnfss daily ,,,csp,
CONNECTIONS
A. Richmond with a~ari.f.f railway. g- an
points south, aud Richmond. f..ftrtck .blrg ans
Potomac railroad for IN pouf- N0r-h.
Stelpiag-c0r 0u0chtf a. Nigit TtDr,.s l-
Lgtsfb0Fg and Irf,U.t.u. H,frI. :. F
burg. and sl.25 to IeNugton.
Wal! trains stop twenty minutes M Msidrn'.
AdFtntuf" Tor hrclkif-i aud supper.
ae - 0e-er,l Frp.ht I'D b.. s.is,r Zen.
CHESAPEAKE AND ONO RAILWAY
SCHEDULE N EFFECT DECEMBER "A
DEPART RICHMOND: Lom.yn. ,,, c,..
natl express. Z 4. VI. daily: mail. : a a g,Is
except sunday 10 Clifton torgc. ior Noff'lt
snd % Point, t:l5 r.. VI. daily except s1Wit,i
IHE 4 =. ". TRAIN sTops FOR loo,
~ olNESN between Richmond auI thar,0tt,.
ARRIVE RICHMOND: FROM IN. Me-, q
". gaiiy' 1850 !. ". except sunday. ana ~ -
T. naiiN from No4i"iA tndOlt F0luf. il.iS "
gaiiy except sunday; from ollpolut. 3.S5 r. N.
rgliman .lecping-,ars ana DAY coaches from
iottcyine $50 =. y. daiy T., ',.,iI- VIII Hitbb
out change. VIM
uckci-olre> 1000 Nam street. anI chess-
70. vs.. FULLER.
General PASSENGER Agent
Z. ". oNtrn. ueucra Nauserr mh :
pICuMOND. FEEnEeICKsBlRe
~ AND POTOMAC HAILROAn-srb.,rf.
commencing NON fAhER 3. is.z.
500 A. VI" leave. Nyui-~ftcet-f,uo e,ly. st,n.
uni} az Milford tNI turdl.ivksburs
~i'cp'r charleston and "a ishmston.'
SO \. NJ. have. byrd->fusf ..sIaa ,tviV 90
'rpi Nantt>t sicrivr jacksonville
AS 4. NJ" leaves Hlri-~ rrs' station daily.
Sleeper savannah and New NorA.
400 v NJ htcvnil1ittlOu tor ashland. leat,.
br2.1-Stn'et station dsUy lercppt
n8O A. NJ, suiVcs "a liyri-stnc, .t,,o, ,.,x
sleeper New York % savannah. "
$40 =. M'afra'csS Byrd-SuVet station d,ilv.
stops u Frederick shnry, Milford and
junction. Sleeper Washington IL
Charleston.
s's I. NJ, arrives az Ryrd-Sfnef sfAnon daily
except sunday. sleeper Washing
ton 10 jacksonville.
SOU a. VI, accommodation, arrives at Broad
ststet ssttiOn daily except sundayl.
ran lsaNlng liehmond 6 4. VI. makes CLOSE
CoNNttItON Dali \, except SUNDAYS, AZ
ffederieh burg With Y. +. and T.. r.. X. Tor
COURTHOUSE audINTkRNEDIATE
STATIONS.
9. A. TAYLOR, General Ticket Agent.
~ Nfsks,i'eAersl >uperiatendeut. lie l2
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29

This Office VIII De opened DAILY from o O'Clock
A.. VI. To Is O'Clock z. NJ, FROM THE l5rH TO
TIE 30rH DAY OF APRIL, tor the purpose OF
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29
y PHILADELPHIA RICH HTs
4 ssSssS
NOND AND NORFOLK
LICENSE TAXES.

OFFICE CITY C~OLLECTOR.l
RICHMOND, April ii, 1853.
ICENSE TAN.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29

~ Richaund with l.-IriIfrI railway. f,r al
points N"ulh, ane Richmond. .hurg ana
foioilA, railroad fol ~ pomf- N0frh.
NteIi"g-cdr 0r0chft q. SUM EIDrtss trr
Lg"otD0Ll dHd Lfytnaf,H. Btrtls 81 faIsurb-
burg, and el.26 to Lexington.
lHl! Trains ttop twenty minutes m M4iirn's
Adventure Tor b~rclStf-f auI supper.
Is. HA'BDtls.
IL IT NeLrrsl FrD.ht .rl D.. 4r..r Ns,..
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29
COUGHS AND COLDs.
FANCY GOODS.

- f rs,
WILL CLOSE tbs ENTIRE STOCK OF
CARRIAGE-WIIPs.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-04-29
DRUGS. MEDICINES. &c.

EMAIL DE LISBON. for the complex
~ lon-the latest and most elegant preparation
and other similar toilet goods. for snlcl by
er0e-3ts l.. WAGNER, Druggist.
Savannah morning news. [volume] (Savannah) 1868-1887, 1883-01-05
The Onera Last Night.

The second appearance of the Fanny
KellOgg-Brignoh Concert and Opera
Troupe at the Theatre last evening did
not attract as large an audience as the
night previous, but we have never seen at
the Theatre more select one, We no.
ticed among them several OF Savannah's
musical critics. Our notice of the per-
fOrmance must be necessarily brief. and
we can but repeat what we said on the
previous OccasiOn-that il was delight
full entertainment and well worthy the
patronage of the lovers of good music and
educated talent in song and pOetical ac-
ton.
The ladies and gentlemen of the COM
pany were in tine voice, and the pro-
gramme selected had a pleasing variety
about il. which gave a spice TO the even
ing's endowment. The concert part of the
programme embraced 'Tannhauser's
March," piano solo, which was delight
fully and artistically rendered by Mr..
AdOlph Close, proving him complete
master of the instrument. The "FlOwer
Song" by Miss DickersOn. was
one of the biiOus Of the evening.
She was in splendid voice, and
her rich cOntraltO tones rang out clearly
and sweetly, winning unstinted applause.
She also sang in the first part Claribefs
"a
carried away the delighted audience. Mr..
L. J. Gottschalk lent his splendid and
richly cultivated voice in the first part.
and sang with great effect the beautiful
ROmanZa from Faust, "DeO Passente,"
which was heartily encOred. when he
again reappeared, and sang My Polly"
The second part of the programme en-
braced selections from the opera of the
bohemian Girl in costume, in which
Miss Kellogg took the character of AR
line" Miss DickersOn the ''Queen of the
Gipsies," Mr.. L. q. Gortschalk devils
hOOf," and Signor BrignOli "Thaddeus."
Among the songs rendered were Il
Dreamt that / DYelt in Marble Halls"
by Miss Kellogg. and bliss Forever Past
by Miss Dickerson. The duet, "The
Wound upon Thine ARM" by Miss Kel-
Iogg and SignOr Brignoli. was remarkably
fine, as also the quartette "FrOm the
Valleys and the Hills. (Which brought out
the fun vocal strength of the company.
The final duet. This is Thy Deed" by
Miss DickersOn and Mr.. GOttschalk.
The audience manifested their appreci-
alton OF the musical treat with hearty ap-
plause. which was well deserved, for the
company are evidently highly educated in
their chosen profession and should receive
the patronage Of the public.
Savannah morning news. [volume] (Savannah) 1868-1887, 1883-01-05

To the Honorable the Mayor and Aldermen
ofthe city Of Savannah:
GENTLENIEN-At the risk of being
thought troublesome, / again address you,
this time through the public press. On
Wednesday evening, the 4th instant, l
called your attention to grievOus losses
sustained by the public treasury by rea-
son of the ROR-eRtOrcemeRt of the income
tar in complete and proper manner. 1t
strikes me that if l had pointed out to
YOU as individuals where you had sustain
ed losses which were possibly recOvera-
bic BY being properly looked after,
your excellent business sagacity would
have developed very speedy method of
going TO work TO recover what belonged to
YOU. You will therefore pardon my APP
parent surprise when | read this morning
of your HOn-dctiOn as public officials when
a similar contingency was presented TO
yOu-a non-actiOn due not so much to any
Indifference on the subject as to your
goOd-natured ignorance of the extent and
scope of my complaint. Approaching so
fully as | do your sincere desire to do
right on all occasions, whilst the exact
thing to be done on each occa-
sion may not have Immediately Oc-
CURED to YOU as happens to us ALL.
il NAV afford you some pleasurable as
sistance for me TO point out to YOU what |
think should have been done with my pa
per on Wednesday night. 1t should have
been referred TO the Finance Committee,
with instructions TO require the City
Treasurer TO furnish the committee at
once with list of the names
of all persons who have paid
their income taxes since the adop-
tion of the new constitution, or as far
back as may be actionable under the law:
TO make out this list for each year: to
make out a further list for each
year of the male residents of this
income taxes. and 10 instruct said officers
to furnish an immediate copy of these lists
TO the Commissioners OF Elections, and
demand of them. in the name of the good
people of this city who hare paid all their
taxes. including said income taxes. that
no person be allowed to register whose
name does not appear on said list as hay-
ing paid all his taxes, including said in
come taxes; and TO further instruct said
officers TO require and compel all delin-
Quents TO come up TO the TreaSurer's
desk and settle; and on the
failure of said Treasurer to carry
out said instructions, TO suspend him from
office. and look 10 his bondsmen for the
damage the city has sustained by his
negligence.
The above work. gentlemen. il seems to
me. is eminently proper and necessary
in the fulfillment of your duty and the
obligations of your OathS of office.
Every cent you fail TO collect is saddled
as an extra burden on the homes and
property of the owners real estate, many
of whom are poor persons on whose
shoulders your ) per cent. tax weighs as
heavily as il does unjustly.
My impression is that your income
taxes already overdue aggregate near
Sl00,O 900. Had you any right to let any
man of in "a goOd-natured way without
his SlrOFn returng Have you any right
now to fail to take the action l have indi-
catedy PROFESSIONALLY not.
Respectfully yours.
Louis A. FAIIIGANT.
Savannah morning news. [volume] (Savannah) 1868-1887, 1883-01-05

We find in the Cambridge co. Jeg0-
Sonida, of the 2Sth ult., in an account of
the experience Of the editor of that paper
on his recent trip TO this city and the
Land Of Flowers. the following notice Of
the genial General Travelling and Passen-
ger Agent of the Central Railroad:
y. c. Shaw. the General Travelling
Agent of the Central Railroad of Georgia,
met US officially in Atlanta. \ sketch of
the South would be incomplete without
picture of jim. He has a military title,
but we shall know him as Jim-fOreyer.
He takes over his road thousands of eX-
cursiOnists every year, but he was now
especially proud Of and kind to the
newspaper people. Genial, joyial, jolly
Jim. is his title now. Every want. from
a cigar TO Mumm's dry. was heartily met;
and pay-why. Jim just declared that our
coin was counterfeit and our greenbacks
were made in the wrong year. and the in
nOcent fellows behind bars and desks Just
believed every word he sailor seemed
TO believe. When YOU 60 South, go a
hundred miles out Of your way to get on
Jim's railrOad-the Central Railroad Of
Georgia.
Savannah morning news. [volume] (Savannah) 1868-1887, 1883-01-05

Colonel f. L. Dancy, an old and promi-
nent citizen Of South Florida, was in the
city yesterday, and paid visit TO the Office
of the MORNING NEWS with specimens of
fine lemons from his grove on the 81.
Johns. and sample of fibre made from
the native Florida iute ON his plantation,
which very much resembles the India
lutte in every respect. He says it grows
in Florida as a mXuriant nOXiOus weed,
like the cOckle-burrs of Georgia, tall
without branches if crowded, but, like
cotton, bcanchy and symmetrical II allow
ed room. 1t is evidently, from the
sample before us, which can be
tibrOus plant. and may yet prove
that we have an American jute not infe-
riOr to the benefcent gift To India. Col.
Daucy. native Of North Carolina, has
been fiftv years a resident Of the East ST.
Johns. opposite the fiOurishing city OF
Palatka on the west. where he has large
orange and lemon groves. has surround
ed himself with all the comforts OF life,
and is as intelligent, cheerful and happy
looking an old gentleman as one could eN-
pect TO meet He thinks there Is no
healthier country in the world than
Florida. for which, it would seem, he has
good reason. having resided there half a
century without chill or bilious fever.
Mr.. i. Albee Smith. of st. Louis. invent
or Of the now popular jute machine, who
has been spending week in this city with
Mr.. c. Menelas, proprietor Of the Brook
haven. Miss. jute farm. left on the Cen
trail Railroad last night, on his way TO
Mobile. and thence 10 Jackson, Miss, i'm
to equip Southern farmers for iute cultiva-
Fiou
Savannah morning news. [volume] (Savannah) 1868-1887, 1883-01-05
THE CENTRAL RAILROAD.
What the Press of the State Have to
Say of the Recent Election.

Say of the Recent Election.
Augusta Chronicle and Constitution
dliSt. $50 quiet has the stock market been
for the past season, that the change of adj
ministratiOn of the Central Railroad made
but little stir among the brokers. The in
terest taken in the stockholders meeting
in Savannah Monday, and shared strongly
by Augusta, was scarcely more than a
personal one. varied here and there by
conflicting views of different stockholders.
Several parties from this city went TO Sa-
vannah, and all day in Augusta much in
quiry was made at different places about
the result of the ballot.
General Alexander has many warm
friends in Augusta who would have re-
joiced at his election. His stay in this
city. three years ago, made him many adj
mirers, and his conduct of the Georgia
Railroad rendered him exceedingly popu-
lar in this section. General Alexander is
regarded here as broad, high-minded
man. as he is known to be richly cult
waited and highly endowed. His career as
a railroad manager has been a noted one,
for he was one of the bOldest tacticians
and most enterprising officials in the
South. For these reasons, and because
they believed that General Alexander was
a wise and progressive man, his friends
and fellOw-citiZens in Augusta would
have been glad 10 have seen him retained
as President of the Georgia Central Rail-
road.
Capt W. G. Raoul, the newly elected
President. is not personally so well known
here. although he is regarded as one of
the most capable railroad men in the
State. He is about 10 years of age, had
served long and well under Mr.. Wadley,
whose General Manager and Vice Presi-
dent he had been for several years prior to
the latter's death, and is a sound and con-
sentative man. He is well liked all along
the Central Railroad, and his vote received
on Monday speaks highly for his popular
ity among the people and his standing
among the capitalists, North and South.
That the Central Railroad Will be wisely
and faithfully controlled under his Presi-
dency there is no reason to doubt
Atlanta Constitution: ''The election of
Mr.. W. q. RaOul to the Presidency of the
Central road fives the liveliest satisfac-
ton i'm Atlanta. This feeling appears to
be general. Dispatches exchanged among
the agencies on yesterday, from one end
of the road to the other, disclose the fact
that the officers and attaches of the road
were about unanimously for Raoul. Mr..
Raoul has a good opportunity, and we be-
lieve he will improve it wisely. At the
head of the largest corporation in Georgia,
lie can be potential in developing our in
forests and building up the State.r
Savannah morning news. [volume] (Savannah) 1868-1887, 1883-01-05
The Temnernnce Neeting Last Night.

The audience at Catholic Library Hall
last night to hear the lecture of Mr.. y. F..
Thompson on temperance was very fiat
tering indeed, and was about the best
pleased of any that has ever gathered in
our CITY for a similar entertainment, if we
NAV Judge from the demonstrations and
other manifestations of appreciation
given throughout the lecture. AtSo'clock
the cadets. numbering about seventy-tiVe
members, marched down the aisle and
opened ranks for the Right Rev. Bishop
Gross. who entered, with the members of st.
John the Baptist +. 4. b. Society, and
occupied seats on the platform, the Cadets
occupying seats in front that had been re-
served for them. The meeting was
opened with a very neat and happy little
speech by the Bishop, who congratulated
the audience and expressed his pleasure
at seeing SO large n representation OF the
bows enlisted in the good cause of temper
auce Mr.. Thompson then arose, and for
about an hour held the close at
tention of the audience, being
frequently interrupted with applause
The principal features of his remarks
were their manifest earnestness and entire
freedom from abuse of liquor dealers.
1.-The temperance cause said he, lean
never be advanced by abuse; besides. the
liquor dealers are. under our form of gov
eminent, simply agents Of the people, and
doing what the people license them 10 do.
But ii want, and woe, and wretchedness,
and crime, are the inseparable con-
eomitants of this business, it
is the people who must
bear the weight of so fearful a result"
The evident object of the speaker was to
show that a healthy public sentiment was
first demanded, then all necessary re-
quirements to advance and protect the
cause would follow legitimately and eff
feetively. The subject was treated in
such manner as showed thorough ac-
auamtance with all its different phases,
but the speaker sought 70 show only the
general laws that governed the question.
Several very forcible and beautiful illus
tratiOns were made use Of and altogether
the lecture was success such as the lee
turer may we'll feel proud TO have achieved.
Savannah morning news. [volume] (Savannah) 1868-1887, 1883-01-05
WRECKED CONCERN.
Insolvency of the Knickerboclxer Life
Insurance Company-AppOintment of

Insolvency of the Knickerbocker Life
Insurance Company-Appointment Of
"a Receiver.
The announcement has been made IN
New York Of the insolvency of the knick-
erbocker Life Insurance Company Of that
city and the appointment of Senator
Charles II. Russell as receiver.
just after the close of the war this COM
pany opened an agency in this city, doing
an immense business, many of our best
citizens taking out policies for large
amounts.
The Knickerbocker did the largest bust
ness of any insurance company in Savan-
nah and the South at one time, and took
away hundreds of thousands of dollars
from this section. At present there are
a large number of policy holders here,
although there has been no agency in this
city for a number Of years.
The announcement of the insolvency
causes no surprise in insurance circles,
as it has been known for several years
that the company's available assets did
not equal its liabilities, and since 1878 IT
has not been allowed to assume new
risks. There are differences of opinion as
TO the causes which brought about the
failure of the company, some of which are
not creditable to the present President Of
the company, Mr.. Nichols, and his asso-
ciates.
AS of interest to the policy holders in
this city and state, we publish in this
connection the following from the New
York Herald.
s.The failure of the Knickerbocker Life
Insurance Company is hardly a matter Of
surprise. for it has been known for some
time that it was in difficulty. Appre-
hensive policy holders long since request
Is.s. l.. 1aafa 4 lrs
pany. but their petition was effectually
smOthered at the instigatiOn, it is stated,
of members Of the Insurance Committee
in the Senate.
ssThe fact that the company has done
little new business since 1878 is matter
of small comfort. Those who were insured
in 1873 can seek new insurance elsewhere
at only slightly advanced rates, and their
interest i'm the failure is but trifling. But
it is to the old policy holders that the
great wrong has been done, for they can
not be placed elsewhere now except at a
comparatively eXtravagant advance.
They have lost not only the money invest
ed, but the class i'm which they were for
merly registered. There seems to be sur
plus on the books, but on rigid inquiry
this will probably prove to be mythical,
as figures in insOlVent companies almost
ALWAYS lie. The cause of the failure
would appear to IL the unwise, not to say
reckless, advances made on real estate,
based on purely speculative value and
contingent ON the success of certain rapid
transit schemes in Brooklyn. The free
dom with which bank, insurance and
! trust companies lend other peoples money
is at the bottom of half the financial
trouble in the country, and this will con-
tinue until the law makes Il director per-
sonally responsible to the depositor for
| reckless loans effected by his vote in the
BOARD. We trust that the receiver of the
! Knickerbocker will violate established
rules and leave little something for the
sufferers by the late catastrophe"