The Archive · 1901

An Insurance Trouble

Another instance is furnished by the trouble that arose last year between the Japan Marine Insurance Ca. and a New York company of the same kind, the full explanation of which trouble is now for the first time forthcoming. According to the "Jiji," "the Japanese asked the American company to act as its agent in America and a provisional agreement was entered into between the latter company and the manager of the Japanese concern."

Then a vessel insured in America in the name of the Japan Marine Ca. gets wrecked and the latter are asked to pay the insurance on her. OF course they raise Naturally they say that, in the American company "his ut, the manager of the Japan Marine id not act with the approval of the principal officials of the Japanese concern and that therefore the agreement, above referred to was not looked upon in any 'This charm' was, it will be remembered, also trotted out on the occasion of the Russo-Chinese Bank trouble, but the Americans seem to have rejected it in the same coarse and Theartless way as the Russiens themselves. The dispute has now, therefore, been amicably settled.

Politics.

Foreign politics are at a discount here just now, and the papers are unable to get Gp any sort of excitement even about the fate of Manchuria. It is possible that the Russians foresaw this lack of interest, this sudden cooling of red-hot excitement, when they forbore to press China further on this question in April last? However that may be, Japan seems to be discourage ed by the mighty phlegm, the colossal indifference of her "great northern neiguhour." Even Corea ceases to excite much interest.

Text read from the printed page and cleaned; old type leaves the occasional error.

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