The Manawatu Standard (PUBLISHED DAILY.) Suivant La verite. MONDAY, JULY 30, 1883. THE INSURANCE QUESTION.

Manawatu Standard, Volume 4, Issue 199, 30 July 1883, Page 2

Manawatu Standard (PUBLISHED DAILY.) Suivant La verite. MONDAY, JULY 30, 1883. THE INSURANCE QUESTION.

Wb learn that tbe following advertisement has been sent for insertion to tbe leading Melbourne papers : — «• Any Australian Insurance Company, not bound by the iniquitous tariff now m fore* m the Wellington Provincial District, New Zealand, can almost depend upon commanding a monopoly of business on the West; Coast of the North Island, if agencies an established m the i different centres . Present ruling rates iromdOfief cent dowow**3s. Erotpests of a most extensive and luwathre business, which would increase from year to year, are very encouraging, and can easily be demonstrated to tae entire satisffction of any authorised agent or representative. Manawatu alone would yield a, substantial income, and nearly every? othsr district on the- West Coast between Wellington and New Plymouth would. giv,e iM'ntirebusiness to.a Com pany which would conduct its affairs on reasonable and equitable terms. A Use of guaranteed business, as aa indication of what is likely to be done, can be perused at the' office of this paper," We •hould imagine that ; ihe atari .will cause eoob mqoiiieß^ be made as will be almost osrtain to result m the estabHshmeut by an independent Australian rqsmance Company of agencies o?er the West Oo*stpf this Island. The present rates are most outrageous, an d oannot be justified ; and we are treated occasionally by the iutooratio Welling* ton manager of the New Zealand Insuranos Company to Tagve hints thai they are likely to be still higher, and property-ownerp are told they will have to be very oivH or their risks will not be taken at all at any price, We trust the day of this infamous oombination will soon ooms to an end; z ■'