The Herald of Wales. — 1890-06-14 (Swansea, West Glamorgan, Wales)

SUCCESSFUL INSURANCE COMPANY.  r The London, Edinburgh, and Glasgow Insurance Company. The emcees and progrees which this society ' has made since it* fleet start la life to win public minlidenee and support is almost unprecedented ' in the history of insurance companns. In • ; few years it has overtaken many other older end/sties which had,bid bard for public favour, and, after beating them in the race for bust' nem, has, after mutual arrangement, absorbed ' them into its own society. It is always wise ' for a struggling insurance society to take refuge and shelter in a:larger and more proeporaus ' memern, and hence the late Swansea ltoyal ' Assurance Soel.-ty, wring Its rival in the field, did wisely in coming to terms with its advise' awry. A most cruel wrong is done to the ' members a anyirissuranee company who, rather • than submit to the Limitable of transferring ' their business, continue on only to jeopardise L their credit, and ruin their busine a. Only ' recently the London and Western Counties Company transferred she whole of their Masi' CWs to the British Empire Mutual Life Amuronce Company, which is, undoubtedly, a strong society. If The Briton Medical Company had ' been bettelidvieei after they found themselves in difficulties, they, too would have sought the assintanee of one of ;he old Life offices in ' London, and saved themselses the disgrace of cutting down the BUM" insured 40 per Gent. I The Landon, Edinburgh, and Glasgow Company owe; their position to cheer hard work. They have an organisation of agents and district managers scattered all over the United Kingdom, and the " mprit els evorps" which exists amongst the various sections throughout the country accounts, in a large measure, for the marvellous success which the company has mode. In South Wales the active secretary, Mr. Bowser, has %a:sables:3 two able lieutenants, namely, Mr. Mae. to superintend the district of Swansea, and Mr. Wm. Watkins, that of Cardiff. A re-union of all the. district inspectors of South Wales took place at the Gower Inn on Friday last, when over 40 of these gentlemen assembled. A splendid dinner lwas served up by Miss Norman, whose attention and careful catering vaned forth a special vote of thanks. The secretary of the society, Mr. Bowser, presided, the vice-chairs being filled by Mr. Alderman Chapman and Mr. Sleo. Upon Mr. Bowser and his company being toasted, that gentleman, in eloqnent language, described the fierce competition which their society had to encounter, and the unprecedented success they had achieved. The volume of their annual income had reached ;over £200,000 a year, and with the help: of the gentlemen present, he felt certain that when they met at their next year's outing, it would have reached a quarter of • million. He then presented Mr. W. W. Watkins, of Cardiff, a cheque of 20 guineas, which his directors had sent down in recognition of his untiring and devoted energy in the canoe of the eumpany. He also observed that the directors in Loadon held Mr. Sloe's services in the highest esteem. They know that he had fought • great battle, and in the testis of many niel companies had succeeded lo winAng the confidence of thousands of persons In his own district, who were now insured in their society. So great was the confidence of the London Board that it had invited Mr. See to come to London to trdertake the responsible management of their industrial department. It was hue that Mt. Slee had declined the offer for the present, but he trusted he would live to enjoy a long life of neefuluess I and prosperity. In replying to these flattering eueoniums. Mr. Sum observed that he was proud of the moiety in whose interests he hod so long worked. AO knew that enemas only fevoured the determined, and lie always made the secretary's motto his own " This work must be done." lie hoped the Swsnana inspectors would not forget that they had won a similar amount two years ruining, and he hoped also they would take henri and courage and determitte to eneeetel uext year. Mr. W. W. Watkins thanked the secretary and Mr. Site for the kind remarks they had made about his work. Ile also felt that to ensure success they must buckle on their armour to win a victory. Several toasts were duly honoured, after which the company dispersed themselves over the neiglasurimod. A number of the visitors trudged to "Pennard Castle," to"theThree Cliffs Bay,"totheWarren, where thousands of coulee dwelt, whilst others visited the ancient church of listen, otherwise 11 ire Chino'' and to theadjoin:ng valleyn,whith just now revel in a profusion of vegetation, for which the glades of this historic land are renowned. The party spent an enjoyable day, and returned in brakes to Swansea about 10 p.m., having spent one of the most enjoyable trips they ever remembered.  A 'Lisbon correspondent writes :—lt appeals that the real reason why &mbar Silva Porto, Captain-Major of Bill., c,mmitted suicide was hie chn grin at not being consulted in regard to Coneeiro's expedition. He enveloped himself in the Portuguese flag, and blew himself Dip :in his own house with 14 barrels.! powder. A