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.


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
Email:walter@maritimehistoryofthegreatlakes.ca
Website:
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Chicago Press (Chicago, IL), 21 Jul 1856