New-York tribune., 1901-11-12
INSURANCE OFFICES AND THE GERMAN
EMPIRE.
From The London Review.

1t has been. OF course, extensively known
or ather All those who iLuence ts pooy more
especially the agrarian or protectionist party have
surance in the German Empire That is to say ex-
they not as destructive to the interests OF indlvd
nal members Of the public as they are vexatious
ca9nsnIe al na shut down tbs bsIness @ The feW
offices that would then remain may charge what
they like as long as they keep straight With the
Control. having its seat in Berlin.
council has been formed also, consisting OF ex-
councillors" Most rkable regulations are laid
board Of directors or governing BODY ard placing
these funds under the German Board Of control
without the consent of which the funds cannot be
dSns R ~ sS
ststements as may be necessary 10 give clear IN
under paragraph :, that permission may be refused
VII wi" & nGt oe ] SaPl5n 1 on IN 'Gpiacc TIP ] ~'In anf Ia"
define Complicated formula are presented as to
be created, and the Board of Control issue
special instructions relative TO the dates well
annual reports From this it Would appear desirable
in Germany had better transfer itself bodily to
Berlin; otherwise It will never be al peace.
70 The premium reserves and With regard - ofbr
aftert re tn Fe3eraI on%n ON The Snoti ~ o NJ
Chancellor OF the empire. may forbid any foreign
to be any appeal from this. Only companies With
annual DIVISION OF bonuses VIII be tolerated, for
what reason it is impossible to even guess British
life offices supposed to be fairly careful and to
but they find the annual division of bonuses is al
PSb TO Se os wS Ie eas bene fe to t
pollcyholdeT. Under any circumstances the order
binary citizens without extra premium is prop
remarkable position that Germany occupies in the
TioIenf agrarians Nv tbn sfafapenf f6soig me
fhar
we can neither congratulate him on his diplomacy
sagay in thinking hem It @ IS so s ebTonsiy m
1I nder teSe h RFo rs or
remarkahle developments may be expected almost
By the way. it is not without interest note that
n is sded 9se s snsng and Lengthy ct see5ion
It would seem to be exceedingly difficult avoid
Very small fish indeed who can succeed in getins os
through h drd fhs Of this net although
things well meaning official or director might do
British and American companies are all alike in
that the dispatch from Berlin, which has recently
Speaking nothing less than a: an at t9mp tg
Sead Preslden6 Ko9seyeIf IT, as in fact President
! message sent by him to Congress. 1t is probable
Foresn oce and this mas be- a bscfea e 'bs bS ers sTh
9n the a Part a OF r6ae the Congress The
Of auction between the German and the Amer
much of present future legislation in considera
| ton OF the other also taking off something II
! would not be edifying dlgniffed sight " -
/ In view Of the dangerous position of German -
! finance. the course adopted by Germany IS even
from a German point OF view some what I'm vVise
! With thousands Of workngmen out of emplov-
ment. and, as The Tlmes' remarks the almost
/ universal depression from which German com
/ merce and industry at present suffering il
seems hardly desirable to create fresh trol1bles AZ
! the well known Italian statesman Signor Iuzatti
/ Germany should prove victorious reprisaIs against
! German industry would inevitably follow Ger
many would then find herself exporting fewer goods
and more men. and German agriculture will sufYar
more moi from the ruin Of German industry than It
quently forfeit her political influence
1t is at this time. and In view of these condi
| tons, that the German Government has chosep ~
take hostile action against financial insttntInrs
4 which, among them, able to control funds go
TO about two-thirds of the Prusstan national d,bt
and whose financial power and resources arc ~
creasing day by day and who, further ha We monan
TO lend AT the same time. every country bes
right to do as it likes. and II Prussia likes ~ n,a
herself outside the pale of common sense in con n
meree she is perfectly liberty to do SO a apS u
one can say her nay. The business done in tho
German empire is, after ALL only a yerv s,aaH ,.S
proportion OF the business transacted bv TIE nn
panies which 1t is proposed to exile and tbs COM %
4 get on very well without GERMANY Wbetbass WI, VIII
many can get along without them as we'll az Si,h
them, rsmains to be seen. ' so WIN