Bisbee daily review., 1908-08-20
ELECTION BET MAKING DONE
 THRO' LLOYD'S
Marine Underwriters of London Have Built Up a Unique BuSi- ness Which Will Write Policy on Anything.

i LONDON, Aug. 19-New style per-
 ting, Lloyd system Is now a factor
 in politics Only it is not wagering
 but just insurance. Instead of the
 person who wishes to lay odds as lV
 the result of the election hunting up another man who wants to bet and
 shake hands saying, You're on, anu 1 all that kind of thing, or having to solemn state to an insurance broker and asks for "P. P. L." or. in other words, policy with proof of inter- est"
 The merchant who deals in busts
 and Autographs of William Howard Taft or the publisher who has a con signment of state documents by the Republican candidate to unload on the reading public could well insure him. self against financial loss by Mir Bryan's election D. taking a few risks
 with the Lloyds, who are at tde other
 end of cable at London and are al ways willing to oblige any inquirer with whatsoever long chance he wishes.
 Those who insure against the cleo | ton of William Jennings Bryan are not obliged to snow that he has been damaged The possession of a pol icy is sufficient proof, although under the English statutes these picturesque documents do not represent any claim which is legally collectable. They have precisely the same standing as does betting under the laws of tais state or as an 'I. o. T." which remains
 after q nights session of poker. Nobody doubts but that the Lloyds will play. but in the event of a land slide in favor of the Democratic can didate and a refusal of the English underwriters to take up the "P. P. Is there is no way to cUmpel them
 to make good through any tribunal. Incidental Branch Business. This branch of taking risks is only incidental to the business of the iIoyds, (which is in reality a great
 marine insurance company, which wagers war with fate on any vessel as long as the craft is supposed O be atioat and pays losses with the great
 est cheerfulness. The Lloyds are
 an association of marine underwrft- CTS, each one of whom pays an in itiation fee of 5000 pounds. The risk
 on ships is the only form of insurance which concerns the Lloyds as an or
 ganiZation but the individual under
 writers will take chances on anything under the sun
 They will agree to gay losses if it rains or it doesn't rain. They viii insure a thoroughbred against getting
 his leg broken on Derby Day, or they will guarantee the life Of the king for oF e
 London. For 3 consideration they will
 assure sum to the heirs of any man
 who fears that he may be blown up
 by bomb.
 With the Llyods are many individ-
 uals who travel in groups and are tn the habit of undertaking certain
 hazards in common This was the
 style when the organization was
 formed more than two hundred years
 ago and named after the genial per
 son who kept the coffee house where
 the projectors of the enterprise were accustomed to meet.
 Original Members Sedate. | Mr. Lloyd insured nothing but that
 the Java would be good and that
 there should be an abundance of
 church warden pipes and Hollands.
 The original members were sedate
 persons who talked of pledging their fortunes agains the perils Of the sea
 and they were themselves interested
 in argosies of their own besides those belonging to other persons. The mod ern Lioyds has many bold and ad- venturious spirits who would as soon
 as not take chances on an American
 election