The Wairarapa Daily. THURSDAY, JULY 5, 1888. MUTUAL INSURANCE.

Wairarapa Daily Times, Volume IX, Issue 2942, 5 July 1888, Page 2

The Wairarapa Daily. THURSDAY, JULY 5, 1888. MUTUAL INSURANCE.

The question of Mutual or Co-opera-tive Insurance was discussed last week at a meeting of the Canterbury Farmer's Co-operative Association, It is only recently that we referred to this class of insurance in connection with the raising of fire risks in this neighborhood,' and regretting that it was impracticable in a community like this to adopt tho Mutual principle. In Christchurch, the farmers are talking about resorting to this expedient for reducing Insurance rates, hut even in that more populous and advanced centre, no scheme which would be likely to command public confidence has up to the present time been thought out,- The discussion of the question has been attended by a certain amount of benefit by throwing a little light upon the working of the Insurance ring of New Zealand. We say the Insurance ring, because all the Companies issuing policies in Now Zealand have formed a league for the protection of their own interests at the cost of the public. They take had speculative risks in many instances which have to be paid by the public, their management is frequently extra-, vagant, and amounts to at least 20 per cent upon their income. The New Zealand Co-operative Association estimates that a Mutual Association could take farmers rislcs at half the rates now paid, and it is easy to see how the thing could be done. Apart from the Underwriters recent admission of 50 per cent lost by incendiarism, ten or fifteen per cent could be saved in management expenses, and forty or fifty per emit in losses on bad risks. It would h a grand thing for the people of Now Zealand, these hard times, if thoy could get their insurance a third less even if they did not obtain the half rate. Can the thing be done? A place the size of Mastertcn cannot set up a Mutual Association, and a place the size of Ohvistcburch cannot support one, but if the Christchurch people were to float a Mutual Company for tho whole of New Zealand with branches from Auckland to Otago then tho thing could be done with a certainty of success. The project is one that could only be safely launched on the broadest possible scale. The best business men in Wellington or Christchurch might start an Insurance Union for the whole of the Colony which would bring down insurance rates with a run, but the guarantee of all parts of the Colony to such an enterprise would be necessary to make its success a matter of absolute certainty.

Tho Evoning Press has just completed its fourth year of publication, Out of the numerous literary ventures that have taken tho field ngainst tho Post during tlie past twenty years tho Press alone has succeeded in making a stand. A Wcspnrt relosmim states that two hundred and fifty pounds deposit was paid to-day, and tho bargain concluded for the purchase of coal prospecting areas held by local people at Ngakawa, The terms aro £IO,OOO, half cash and half paid-up shares in the Company to bo formed, The purchasers aro a wealthy syndicate in Sydney, nod a large shipping firm is also said to bo interested, who will cany tho mineral to foreign ports, Tho quarterly meeting of the Court Kopuarangi, No 7507 A.0.F., Mauriceville, was well attended. Uro. George Quincy Tillotaon was duly elented Treasurer in the place of Dro Ole Anderson, who, it will be remembered met with a vory painful accident some time since. We are glad to say that the Court has decided to get up a prominado concert for his benefit. Bro. George Franklin was elected delegate to roprescnt the Court at the next district meeting. Timothy Hoyan, alias Morau was charged before MrCaselberg J.P, under the Vagrancy Act with having no. lawful visible means ot subsistence. Sergt. Price, who prosecuted, gave the man a vory bad character, and stated ho had only recently loft gaol after undergoing a sontenco of twelve months. Bo was sentenced to one months' hard labor and cautioned by the Bench against returning to his old haunt, This morning whilst being conveyed to the Railway Station on route for Wellington the prisoner suddenly dovolopod a fit during which took tho opportunity of assaulting Constable O'Connor, in whose chargo ho was, Hngun was brought back and an interview with Mr Von Sturmer resulted in his getting an additional three months bard labor. ; ' ' :-]■}

Iho quarterly meeting of the Maiter.ton Cemetery Trustees will be' held this evening in the Institute.

;' Messrs Saiid W.-'Maokay Lambton Quay Wellington: publish iii our weekly edition along, list of Homo papers and periodicals which thoy are prepared to supply by post ur otherwise at reduced prices. ■-, '

ThePahii'tiia Town Board passed a resolution at thoir last meoting to toko proceedings against Mr D. Crewo for breach of the building regulations iii erecting a building on the main road without first obtaining a permit, Mrs Preston, of Queen-street lias just received a large consignment of new garden seeds, and invites inspection." .' A direct daily mail service will be included in the tenders to be invited by the Postal Department A splendid 'opportunity is effored to sawmillers and others in another column. Mr J, Fabian invites tendon for the lease of 530 acres of first-lass bush and grazing lurid at'Kopuaratigi, Tivp hundred and fifty acres are in grass, There is a good road to tho property. The Otago Daily ■' Times' Melbourne correspondent predicts a laud boom in this colony. He says:—" A syndicate of foreign capitalists, at tho head of which is tho, Mercantile Finance Company of Melbourno, intend iuvesting to the extent of a million and a. half. Mr l'inok, .wlio: is associated with Mr Bent in somo largo speculations, is at the head of the concern which recently absorbed an old-cstsblishcd business, ■ Wo draw attention to a now advertise ment on the first page of-our weekly edition; Kcadors will gathor from it information as to prices of goods.at the Wholesalo Family Drapery Warehouse,' To Aro House, Wellington, Applications aro invited by the. property tax commissioner from competent valuers who are willing to act as. assessors for outlying districts in tho Wairarapa North and South Counties. Forms containing particulars can be obtained at the Post Office,.'

Amongst the passengers by the Richmond .from Fiji are the wife and family of His Excellency Mons Lacascadi, Governor.; of Tahiti, who aro en route for Paris, Afons. DoJVlays, Oandan, Marchall Tourneis, arid Qardel, officors belonging to the French forces in Tahiti, and Captain Mitchell and crew of tho condemned Bhip Shannon. Tho following will ropro'sout the Vol unteer Football tram in their match, with tho United Firo Brigades on Wednesday iioxt. Back, F. Vile; three-quarters, F. Polling, A. Thompson;halves, Hoffeins Frecth, Ingram; Forwards, llanganui, Blano, Wolff,. A. Hoar, Brajfgins, W. Wolch, Mutrio, Grant, Wilton. Bmersencies. Backs, Lington, Miniße, Forwards, Rinaj, (2) Spackmanj Enerson, Blinkhorne.

In reference to tho find of coal at Wood ville which our yestorday's telegrams roported.the local paper gives theso somowhafc fuller particulars. "About a quarter of a mile on tho Woodville Ranges, traces of coal were found'some time ago, a party has been ongaged prospectin? the vicinity with a view to finding the coal doposits which, it was believed, must oxist in the vicinity. We wero informed on Saturday, that the efforts of the prospectors have been rowarclcd with success, and that they havo discovered a large seam of excellontcoal, We trust the report may prove true as such a seam so near the copper lode 3 would be of immeuso value."

The Pahiatua Star is righteously indig-; nant with its contemporary across the rivor. Its last issue contains the following;— The Woodvillo Examiner is still railing at Mr W. C.. Smith fur pushing the Pahiatua County Bill through. Our contemporary says"" There is always mothod in Mr Smith's madness, and -ho has somo game afoot over this'; glaring inconsistency." What inconsistency.') Pahiatua is no portion of Woodville, and. in doin? what he has done Mr Smith has only given effect to the wishes of a large majority of his constituents in this district. The boundary between the Wellington and Uawko's Bay Provincial Dis tricts is.tho Manawatu Rivor. Woodville will do itself a kindnesi by remomboring this,

The largest vessol winch has ever navigated the river Thamo.-i, excepting tho Great Eastern, arrived in tho Royal Albert Docks on May 17 from Belfast, Her name is the Arcadia, her builders aro Messrs Harland Wolff, mid her owners the P. and O. Company. Tho interest exoitcd on her arrival was very great, for to her enormous size (alio is nearly 0,500 tons register, and 7,000liorso power) is added a fineness of lino which affords an unusual combination of grace and missive power. On her trip round from Belfast she developed a Bpced of 17|- knots when under pressure. Sho could easily keep up a 10-knot speed at sea for long distances, and this is a point of special publio interest, seeing that she is ono of the aimed cruisers under subsidy to the British Government. Her future employment is to be in tho Australian mail and passenger service. Sho Btarted on her first trip on June).

The .Geeabest Biessino,—A simple' pure and harmless remedy, that cures overy time, and prevents disease by keeping the blood pure, stomach regular, kidneys aiid liver active, is the greatest blessing ever conferred upon man. Dr Soule's Amsricaii Hop Bitters is that remedy, and its proprietors are being b'essed by thousands who have been saved and cured by it. Will you try it ? Seo another column. " Easlo' 1 Glven ur by iub Donoiis —" Is it possible that Mr Godfrey is up and at work, and cured by so simple a remedy'/" •'I assure you that ho is entirely cured, and with nothing but Dr Soule's American Hop Bitters; and only ton days ago his doctors gave him up and aaid lie must die," " Well a-day I This is lomarkablel I will go this dayvand get somofor my poor George. I know hops aro good."—Post. Tho honourable member' for Kuuiara oviuced a largo amount of wisdoin in the debate on the new tariff in supporting the increased duty of 25 per cent on trimmed millinery, He said that tho bonnets and hats locally trimmed wero as pretty, if not prettier, than any imported from London or Paris; and, added tho honorable member, in a line glow of enthusiasm," this can easily bo proved by a single visit to To Aro House, Wellington. The honourable member is to be thanked for tho justly deserved compliment to our abilities. Me only states in the House what the ladies ot Wellington havo said in their homes and among their friends, that choice, charming, attractive, and elogant millinery our own special make is to be at all times obtained at To Aro House, Wellington. This season is no exception to others that have proceeded it. We never had a greater profusion, a choicer selection or greater taste displayed. Wo have never had richer material, moro graceful styles, more varied shades of Colours, and more brilliant results than in our millinery for the present winter, season, at To Aro House, Wellington. Wellington ladies have always well patronised our millinery department, and it now only remains for our legislators to do the same, With tho honourable member for Kumara leading tho van, and followed by every membor of the House, thoro might be a grand seleotion made by eaoh to tako to ■their wives, their cousins, their sisters, or aunts, specimens of .artistic skill from the millinery' department :• at the;Wholesalo Family Drapery War eh o, To Aro House Wellington.—Auvr. .' , ■ .(■;'": -;• ;;i

The Masterton Riflo Volunteer a Ball Committoo will meet to-night at half past seven o'clock. ' ■/ ■; A situation! is /advertised, for- in','ndr •] wanted columns, as companion or govcr,'neßatoyoun? children.- ■'■:;■/ ;, ~•'■•';. •. It is satisfactory to learn that Sir KD. Bell ; has accepted.the .office of Agent-'; General tor a furthor term of throe, years at thei-. same r.itoof : remuneration aB before, viz,, £1,250 por annum;'.." In tho House yesterday the dabato on the motion to go into Committeo of Supply was adjourned to Friday. The debate on, the motion for the third reading of tho Customs and Excise Duties Bill occupied the greater part of the eveuing, and had not concluded when the House roso, It will be resumed to-

day... "-. .v"...A large and varied consignment of fruit and ornamental trees from tho well' known JNolson nursery of Mr John Hale will be auctioned on Saturday, July 14, by Messrs Lowes aiid lorns. On the same day will also be offered a beautiful collection of-specimen plants from the greenhouse of Mr. 6. Mi Park, including polargoniums, fuschias,-and a general assortment of the choicest and newest' floworiug and foliage plants for show purposes.. In the Legislative Council yosterday, Mr. Pharazyn brought up the ■ report of "tho Committee appointed to inquire into the lines included in the Now Zealand Loans Act, 1887. Tho Committeo reported as follows:—That in their opinion nono of the railways included in the schedule should be proceeded with except the .Woodville-Palmerston lino, which they recommended should -be •pushed. on as speedily, as possiblo. They are also strongly of opinion that, in those cases wheriiopen lines : do not pay working expenses, tho train service should bo discontinued, unless moans can bo found to secure the guarantee of working by the inhabitants of the districts demanding such servioe. : .