The Insurance Tariff.

Manawatu Standard, Volume X, Issue 38, 13 July 1885, Page 2

The Insurance Tariff.

; (Feilding Star.') "" [ Puraiunt to notice, si meeting of gehjtlemen interesteaVin obtaining a reduction m the .present exoi^itarit insurance tariff was held afc^r Bray's office on Thursday ; evening. In introducing^Messrs T. B. j Walton and- -W. . park, '- delegates from | Palmerston^ the chairman for ,'the smallnessvof the attendance at the ; meeting. He, explained: .that^'those who 'had signed their names to -the schedules j considered them elves— and very pro- ; perly -so— already definitely, pledge/ la 'the movement, arid their presence t at - 'tlM j meeting; unnecessary. . aecr^ry, Mr i Sandilarids. read his correspondenjce^witn ; geritlemeri m Haleombe, PalniersMrf/Sandon and ip'oxton, andin eapb , case supW%, e ! ther direct /or indirectfwas pro-;-.A&ift;- "■. He showed that the ibM of 'the' insured entered on:the ' echedujd ■ was upwards of •■•■ £150,000. Mr Walton then addressed .the meeting.-. He. r iaid he | had. . little ;to add to . what had/al,■read^bQen made public ' thrpugn' the ■ Pre~ss. "-The ' amount on the' Pidmerston schedule was £73^154 on /''^onertiel within 5 a radius of a quarter bf-'aniile of ;the;§quare, and this amount cbiildibe in- > c f^ed^p/abput double its present < dimenby a., further , canvass; „-Bfe had •fpnft'ievery insurer Pnly tpo,gjad>tb get. ; a reduction of expense m this, connection. iH^KaHbeen m Wellington rfe : cen¥y and interviewed the manager of one pf the -m6st,)ihfluential. and independent^ companies m the colony,- whoririfprnTte'd him ; tl>at.any attempt to get a reductiPnApf -the^ tariff must end m utter f ailujjß.r The companies considered 'the tariff- 'already too low, so those places north 'of 'Rangitikei, who now enjoyed, the lesser rates would have them raised upon fliem. This would b<3 ; all. the better for the" parties now mo/ring, for the people -of r-W an- ;- iarahui would be then oh their side, and' as Wanganui had already' once bought the insurance companies to their terms th«v would not be diffident m making strong resistance to the extortion. At the con^ elusion of Mr Walton's aemarks Mr Park followed with, a few words m ;ooofirnia'» tion. -Mp P. Bartholomew pr6^osi§d r Mr C. Bray seconded, and at was carried that the. secretary be instructed to write tpia,yictprianinsurance company* 'asking j them' to undertake the business of irisurl ■ ing properties here, jft. the same time for- [ warding to the said company full par - I ticulara, If was resolved that the secretory calla meeting on receipt 1 of f a ! reply foonUfhe company^ and at- same time send due notice toihe Palmerston committee of the tact. A hearty vote of thanks to the Palmerston delegates for Jihe^attendance was passed, and <Wjey were assured that the people of Feildinir felt deeply grateful to those b±- Palmer^ ton for the cordial assistance vouchsafed on this and other pccasiqns. Mr Bray made some enquiries i as to the mode propQ3ed ;j tp, P?y the necessary expensesjattenrtanifon'the bu«ness;S'vhicfi were sat'ilfactorily answered by, the chairman. A vote of thank* to. ill- Thompson for pre-' siding closed the meeting.