Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1885-11-15

have barely shown their heads above
ground, and even the old and well-cstab-
liShed state companies have shown scant
haste TO extend their business. Mean
tine policies covering m the nclghbor-
hood of SlO,o 900 of property have eN-
pircd without possibility Of renewal and
the industries OF thu statc arc placed ma
the most critical on positions.
In their replies to the questions OF the
Mirror mauy shoe manufacturers deelafe
an intention to "etOp work and lea ette
state il the law is allowed 90 stand 2,
Massachusetts is likely to be the gamer II
this threat is carried into effect, for the
Now Hampshire shocmon already have
their eyes upon Iiaverhill, Beverley, and
the smaller Bay state shoe towns where
liking Is cAcap, as across the line and
markets nearer. substantially the same
answer comes from the cotton mills. Ihe
failnrc of thc Merrimac WUter-poWer has
compelled factory after factory 10 resort
10 steam service, destroying the one dG-
vantage which the New Hampshire MILL
owner has Away had over his comrades
in massachusetts. II now IL Is 10 be mn
possible for him 10 got insurance IN The
Granite state he Is likely TO docamp bag
and baggage across the boundary me
into more hospiiabe regions. In fcler-
borough people subscribed 80 Q02IesS
than year ago to putuP q factory ON the
theory that the acknowledgement ol manu-
featuring industry would add materially
TO the value OF property Of MI sorts M
crease chair population and build up the
town a Sboemaking hrm Is Just estaD-
lshed In The quarters so provided, DQs
already discuss the question OF abandon
ing peWrshorOu@h aud the state, ~ rea-
son of lbs Inability 70 get insurance. there
are wooden mills that have already smut
down, throwing hundreds OF employees
ont III Wori, al the beginning OF winter.
The lumber mills M The northern part %
The state threaten 20 suspend operations
The big summer hotels In the VINE
mountain region hardly sec any me o.
action clear before them Mufteaget
/ property, which by the terms Oh nc
mortgage, must be insured, finds itscli
4 IN m uncomfortable preditainent' Nallna
( banks that have loaned ont money, Win
/ insurance as tcollaeral, are perpleNcd
Every builder of a new house ~ anxious
70 learn how be can eHect any yalid lhsur
aucc ON his property.
II Is the biz cotton factories OF Aaahni
and Manchester that are suffering mos
severely. From the nature 81 The cas-
the risks carried upon such property ar'
,o large that no one company likes 20 Gs
SHINE So much alone. A mil may noet
Insurance TO the amount Of $685. 900 oI
al00.00O. and may distribute that amount
among Twenty-Five or thirty corporations
each making itself responsible FOR O lev
thousand dollars only. All tlis, which
,yas simplicity itself under tho old ~
zinc, Is impossible now, for the lal
dozen local companies Of small capita
can hardly shoulder the burdens Of
haM dozen mills, 10 say nothing oi w
manufacturing industry OF state. AeF
euferprises, which tine RELEASING grip %
hsrd times had encouraged TO matur
tbair plans for speedy action, a,u one p.
and abandoned; ana II thc Mirrors cor
RESPONDENTS are % be believed Tue bus
, noes community Of New Hampshire
se,tling back into the slough 81 drspalr
fFhe Jaw whose first effects are 50 dis
astrous was passed IN curious fashion
While the 'yalucd-pQlicy clause wa. De
fore the legislature representatives 9
/ dfty-eight companies doing business I
{ Naw hampshire announced the lntcntio
= M thoir principals 10 take no inFthe
,isEs on property IN that commonwealt
/, ( Il any such enechneni found = plsreN r0
thc statute ho0k SO she an oppqrlnnii
Z 10 refuse 80 81 threatened was not % p
! wasted Granite state legislators rebelit
witb ,lriuous Indignation against th
2 inianitoBs lobby inhuenec u EfAspin
eorporatinns. Local statesmen, VII
[ IDEAS aud withuus ideas about INSURANCE
aFiued themselves 70 resist s'4ily astly
,,,eaut to hamper the free Judgment 81 Y
: t@c,siatl,Ye q Dn The strength 81 tins ~
Z a.a t.t.y Inc ain wns rusAed t5sFongis y
sn,ste had been dubious, bus the ;ic
sgon N TIC insurance companies scales
I theirown fsfe- ,..,y
q'be l,lNsirsncs contention 10 driaitis 2