Audubon County Republican. [volume] (Audubon, Audubon Co., Iowa) 1885-1894, 1888-01-12

under uniform plan of apprafsemeni and adj
vcrtising.
In addition to swamp land indemnity fund
reported by the State Treasurer as received
from the United States and paid to proper
counties, the sum of 81. 069 50 was paid through
the executive Office to Clinton county.
The report also contains the bill which was
passed at the first session of the Forty ninth
Congress for the relief of the settlers on the
DIES MONIES RIVER LANDS,
but vetoed by President Cleveland. The bill
was passed in the Senate over the Presidents
veto hut failed in the House At the second
session of the same Congress the bill was pass
cd in the Senate but the House failed to act
upon it. 1t is probable that the subject will
be this winter further pressed upon the attcn-
tion of Congress. The State should render all
assistance in its power for the relief of the Dcs
Moincs River Land Settlers who entered upon
ihc same with good reason to believe they were
pablo lands. | earnestly commend the matter
TO your consideration.
RAILROAD LANDS.
The report gives list of 2G,0l7.3 acres of
land patented to the State as railroad lands,
but which in accordance with provisions of
chapter II, acts of the Twentieth General AS
semhlv, were relinqushCd and rccOnvCvCd to
the United States, the list being certified by
me on the 18th Of June, 1887, rs directed in
section , Of said act. | also patented to the
G, NJ. d ST. Paul Railroad Company under
provisions of chapter 81, acts of the Seven
tecnth General Assembly 3,42.S6 acres in
Dickinson county, and "a 1871 6 in O'Bricu
county: total, 81 ,540.22 The whole amount Of
public lands in the State received by the rail
road companies as donations is 1888 ,436.1 IS
acres, or about Onc-cighth of the entire acreage
of the State.
INSURANCE.
During the year 1857 two hundred and sew
cnty five insurance companies were legally
doing business in this State. OF these, four
f,. .Tln1N1 mil f1n ifp nm n los an
nlncty-thrce cooperative fire companies were
organized in Iowa. In lSS6 the amount of
risks written by fire companies was sl4,-
"a ,SH3; premiums received, 50 03O,9O2; amount
of losses paid, 81 BE, 062. In 1856 the life
companies wrote 1,42l new policies, and had
at the close of the year 81, 532, 15l of insur-
ancc in force on the lives of the citizens of
Iowa. The total premiums received were
Sl,054 ,!42, and the losses paid were S3!FS, 4S3.
The State Auditor has been vigilant in
his examination Of the affairs of insurance
companies as his other duties would permit,
and bias done all in his power under present
laws, to place the business upon sound
basis. Iowa affords a good field for lcgiti-
mate companies, but has no room for
fraudulent concerns. No companies of doubt
full standing should he permitted to do dust
ness Home companies should be cncOur
aged. Authority should be given the Audit |
or, and means placed at his disposal to en-
able him to CXtCrninatc illCgitmatc corr |
pancs, and to compel Legitimate ones to do |
Il strictly lawful and safe business. Coop |
rrativc associations are furnishing cheap in |
surIucr. and generally giving good satisfaC |
ton. The whole subject of insurance is one |
Of very great Importance IT, the people OF the |
state and should have the most careful at |
trnlinn Of the General Assembly, The mag.
nitulC Of the interest involved j. 20 great |
that they should h' pllccl in the hands Of |
separate department. where they could re- |
crivr the undivided attention OF those charg- |
eel with their >uprryi~un
The revenue to the State in taNr. and fees |
from this source amounts to E"arN $,ODOW |
WEAR and should I've, 10y prYnI amendments to |
tn" law somewhat increased y separate de- |
Vartmrut, while securing htttul service, |
would be but little more expensive than the !
present method. The duties Of thu Auditor Of |
State, aside from those connected With luSur- |
ancr. are varied and Of great Importance and |
responsibility, and sufficient for his entire |
time, WRr tho hI~ju"-> If supervising iu>ur-
amCC companies j. NOT grrulur 80 ms OtI t |
and Ia, no natural Cuuur,riou with It. He !
cannot indeed attend L. insurance property. |
Wilhuut uc.lrrtiug to SOME cVtrlt h> other |
duties. The Legislature undertakes To protect |
the people FROM the Imposition Of worthless |
INSURANCE" companies, ana il should. both 10y
its laws and The supervision il secures make
that protection a, prGirr, A. possible. nthcsr
particulars much vet remains 10 bee done. An
insurance department should hr created at
this session OF the General Assembly. Il
BANKS.
The latest returns at hand giyr the following
iiglrr~ IS to the uumhrr, capital. and d,Du>its
OF tn, State and National banks.
Number CLIutN Deposits.
81 savings banks : 2,l->.G3nG1 S",Wi9,OlY.O3
Is iucop'ratduur
savu4,,........ &5;9.>45.l5 '5.i47,2SG.91
l?> national banks. ~ Il0.m0Uu l9..>4.4j;.H3
Total. -, lgi.,9 -, OOI, Wr}.S3
EEroEr OF R,uUolD ,uNuI~~ioNER-.