St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-10-21
HUSTLERS AT PLAY.
First Annual Banquet of the
St. Paul Board Of Under.
writer's.
a Most Enjoyable Gathering
of Prominent Men Of
the City.
The Special Agent and the
Local Agent Pleasantly
Exchange Notes.
How the Prosperity Of Com
munities Depends Upon In
suranee Companies.

luuu1tlCS tCHVu0O " POA Al
surance Companies.
The st. Paul Board of Underwriters
gave their first annual banquet last
evening at the Hotel Metropolitan.
There was a representative attendance
of insurance men, and, perhaps, finer
body of men never assembled under the
roof of the old Metropolitan, even i'll its
palmiest days. The object of the
gathering was 10 bring every local agent
into social fellowship, and nothing
better could have been devised. The
banquet was characterized with good
feeling, and most pleasant evening was
spent. The viandS were rich and service
in that style for which Host Magee is
famous. Music was rendered by a
quartette made up of Messrs. Merrill.
Colville. WillOughby and De Lacy, and
their selections during the evening were
heartily appreciated-in fact, everything
tended to add to the success OF the
BANQUET. President Sam Eaton. of the
st. Paul board of underwriters, natur-
ally presided, and better president 1t
would have been difficult to find. His
hearty good humor infected everybody,
and his presence added much to the en-
joyment of those present. They were:
Local Agents-Messrs. Scheffer, Breden
hagen, j. G. Haas. White. Lang, Eaton, Con.
STAINS, Donnelly, Casserly, Williams, Errett,
Crazy. Herrick. Leitch, Gilman. Watson
Strickland, Dimock, Stinson, Thorne.
John Rogers. j. A. Rogers, Stocker
Hart, Jones Walker, Wllgus Henry Martin.
Paul Martin. Peer Martin, Doolitte. Wright,
Howard Ware. Nelson, ii. ;. Haas, Parker,
Kranz, Mitchell.
Special Agents-Messrs. Leach. Minneapo-
lis Compact; Greelv, Phoenix lnsurace COM
panv, New York; Vail. Hartford: Griffith,
ander. Firemans Friend; Kibbee. indie
pendent adjuster: Potter, Etna: Daniel,
North British Mercantile; Bloom. F. d M. I;
Ensign. Actual; Trumbull, Fire Association,
Philadelphia; Perry, st. Paul Fire and
Marine; E. j. Hodgson. Hekla: Sprague
Hekla; Rice. San Francisco; Fargo, Sun;
Hitchcock, American; Meade, shell Lake,
Wis
Fire Commissioners Prendegast, Mitsch.
Martin and Chief jackson.
Eaton's Say.
It was shortly after IL O'Clock when
President Eaton called for order. He
said:
1t is fitting that /, whom. you, as members
of the ST. Paul board or underwriters, have
chosen to be your president, and who In Vir-
tue Of that position now presides at your first
celebration, should make few remarks be-
fore giving way 10 others who will follow me.
In twenty-five years the underwriters of st.
Paul have never Leen without an organ1Za-
ton for mutual protection. 1t may have
been board of underwriters, or tariff as
ISOLATION. or compact but there 1t has been
with duty to fulfill and a duty fulfilled. OF
each and all / have always been an active
l,l1
my hearty support. and l have never had
cause to regret that | have done so. OF
course we have sometimes met with dIscour-
Rgement. 1t is not always easy to get many
men of many minds to act in unison. We
have had continually to break in new men,
and like colts being broken to harness, it
was to be expected that some would
now and then kick over the traces. y
We have been assailed by competition from
the outside and disturbed by antagonism in
our own ranks We have seen times when il
has seemed that shipwreck was inevitable,
but i'll The end manhood and good common
sense has always prevailed, and we have
landed safely beyond the breakers.
In no other city have rates and rules been
SO steadily observed as in ST Paul. In no
other city has the non-board element been
kept ateoloW an ebb. We have earned the
gratitude of pnr companies and the respect
of our patrons.
To-day, my friends the St Paul Board of
Underwriters occupies prouder position
and solidlyresistent against the temptations
SO lhickly strewn i'll its path, and or you, in
dividuallv and collectively, rests the respon-
sibility of maintaining that position. You
are all directly and vitality interested in
doing so. You can maintain, you only can de.
stroy it.
| fear that few insurance agents fully ap-
preciate the great trust placedin their hands.
They seldom stop TO think that they repre-
sent hundreds of millions of capital that in
city like st. Paul the amount of capital in
vested i'll banking, manufacturing and mer-
chandising SINKS into inSignificance when
compared with the capital they as insurance
men represent They are sometimes apt to
forget that upon the success of insurance de-
ponds the successful maintenance Of every
business enterprise. Then, why not place
our profession on a high plane? Why stoop:
Our wares are an absolute necessity. TO my
younger friends to whom belongs the future
of their great profession would say: Look
well to self without being selfish. Be gen
erous to your competitors without sacrificing
your own interests or the interests of the
companies you represent Live and let live
The world is too large to be gained or owned
by any one man; then why strive for the i'm
possible: Be satisfied with a su1iciency. Dc
not let strife for more lead TO duplicity and
dishonesty. Let yonr ambition be tempered
with discretion. Be true to your pledges tC
your cO-laborers. Guard sacredly your wore
OF honor. Deserve respect; command it.
/ wish to tender TO the members of the st
Paul board of underwriters my sincere
',
without which any efforts on my part woulC
have been in vain. / congratulate them or
the grand results already obtained. wall
them TO stand together in the future as the!
have III the past. l hope to meet them al
again under similar happy circumstances Il
this, not for one year only, but Tor many
years to come, and be able to exchange witt
Them mutual congratulations Oh the con
Gnued success and assured pcrmanency o.
the St. Paul board of underwriters.
give you The ST. Paul Board of Under
writer's Gncorporated). Nav future gener
atoms have cause TO bless its founders.
From an Old Hand.
ii. L. Moss. the oldest insurance maj
in the city, gave the first formal toas
of the evening: The Dignity of thu
Insurance Professions" He began +
write policies in ST. Paul in 1S4S. an,
wrote the first policy ever written o.
ST. Paul property. He preceded:
The dignity OF insurance as profession G
business There is an inante dignity - a
legitimate business, and it depends upo
those who engage in the various PURSUITS o
life whether the dignity which each avoci
ton is entitled to is maintained to the hone
and credit belonging TO it, or it becomes tn
scorn and r;dicule of those with whom W
come in contact
between capital and labor. but the conflict
not irrepressible. Whenever capital wi
recognize the demands and needs of labor
with full knowledge thereof, and on th
other hand labor will recognize the necessit
or protection of capital, then the solution
the conflict is near al hand.
mention the protection of capital. for tn
is what capital must and viii have wheneve
and in whatever it is invested. else capitf
will be Withdrawn from every investmei
that fails of protection or remuneration.
may be asked. What has this TO do with il
surance? ] answer, muchl Because thel
is not an important Sevestment of capt.;
made successfully without il has protection
or indemnity obtained directly from insu
ance.
The capital in our banks. in our railroad
in our commerce. both foreign and domesl
in all commercial transactions extendin
even TO the credit which is u basis of oil
large mercantile interests, all lool
for protection and security in insu
ance. In fact, il underlies and sustain
the stability of all commercial transaction
Our railroad corporations demand insuran(
on their properties liable TO destruction
n.ar hoT Il lie