The Maritime History of the Great Lakes
Chicago Press (Chicago, IL), 21 Jul 1856


Description
Full Text

INSURANCE ON THE DEAN RICHMOND - It having been ascertained that the insurance companies were averse to taking full risks on the Dean Richmond, and her cargo, for a trip to Liverpool, the Chicago Board of Trade have undertaken to effect the object by individual subscriptions, the Chicago insurance companies taking each a risk of $2,500. The whole amount had not been made up on Saturday, but will be before the vessel leaves Milwaukee, as our businessmen feel too great an interest in the experiment of shipping grain direct from Chicago to Europe, to allow the opposition of Eastern insurance companies to stand in the way. We doubt not that the owners of the vessel, C.Y. Richmond and Capt. Pierce, would go on without insurance and at their own risk, relying on their splendid vessel and "good luck" rather than fail in the experiment. But they will not be compelled to do so.


Media Type:
Text
Newspaper
Item Type:
Clippings
Date of Original:
21 Jul 1856
Local identifier:
GLN.1835
Language of Item:
English
Donor:
Dave Swayze
Copyright Statement:
Public domain: Copyright has expired according to the applicable Canadian or American laws. No restrictions on use.
Contact
Maritime History of the Great Lakes
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WWW address
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Chicago Press (Chicago, IL), 21 Jul 1856