The Brussels Post, 1949-9-14, Page 6x
"'They say, 'you can't take it with
you,' but Uncle '1'ltub DXDI"
'Lloyd's of London'—
How It Started
Matthew W, Drysdale, Chairman
of Lloyd's, recently told radio lis-
teners about the beginnings of thii
great concern, known throughout
the world in connection with British
shipping and British insurance.
Lloyd's is one of the most famous
sof British institutions, the oldest
place of insurance in the world and
the centre which receives all ship-
ping news and distributes it all over
the globe. It has more than 2,600
underwriting members, each with
the right of signing a Lloyd's in-
surance policy. A great deal of
Lloyd's business is insurance
against fire and accident, but this
has only been contracted within the
last sixty years, whereas the mar-
ine insurance is very old.
It began in 1688 and owes its
birth, by a freak of chance, to the
introduction of coffee into Britain.
Coffee, brought in about the middle
of the seventeenth century very
quickly became extremely popular.
Little shops were opened in many
parts of London and people dropped
in to the first cafes to sample the
new and attractive drink.
One of the people who launched
out in this lucrative business was
Edward Lloyd, who lived in the
eastern part of the City of London,
near the Tower and docks.' Now
,London in the seventeenth century
was not very big, and Lloyd's shop
on its eastern boundary was con-
veniently close to the shipping that
came up the Thames to unload its
merchandise and fill up with new
cargoes. Captains coming ashore
passed Lloyd's coffee house on their
way into London and naturally
called in for a drink.
" In this way Lloyd collected his
clientele; his coffee house was thick
with talk of ships and 'shipping, of
wrecks, adventures, strange cargoes
and foreign markets; before long
there was more news of the sea
and ships in Lloyd's than anywhere
else in London, possibly any other
place in the world with the excep-
tion of Holland. A place so full of
up-to-date news of ships and for-
eign trade was a good meeting
ground for shipowners, merchants
and marine underwriters.
It was additionally convenient for
an owner who went to Lloyd's for
news of his ships if somebody there
could insure him against all sea-
going perils. Underwriters who for-
merly did their business in the Ex-
change began to go to Lloyd's. It
was greatly to their advantage, for
they got news that was of great
value in their business and always
found there men with ships and car-
goes to insure. Brokers given insur-
ance to place had to go round the
city to find men prepared to under-
write the risk on appropriate terms
and at appropriate rates. There was
no recognized place to find the
underwriters and the brokers spent
the greater part of their day in
scurrying from one coffee house to
another in search of underwriters
who would take part of the risk.
When underwriters began to con-
gregate at Lloyd's the brokers' task
became progressively easier. lir.
Lloyd, by opening his shop where
he did, collected and centralised
there the marine insurance market
of London; his coffee house was
destined, thought he did not know it,
to become the greatest marine in-
surance market in the world.
Lloyd's grew, developed and
moved several times until it settled
in the Royal Exchange for some one
hundred and fifty years. Twenty
years ago it moved again to a
magnificent building in Leadenhall
Street. "But the thing that, more
than anything else, makes Lloyd's
men proud to be members of the
society," said Mr. Drysdale, "is that
the whole history of the place is
the history of honourable dealing,
private adventure and private en-
te:pr.sc. Nobody planned us or di-
re.ted us or told us what to do.
We took our fate in our hands,
ricked our own money, bore our
own losses and achieved our own
successes."
Slightly Mixed
It was his first speech, and he
wanted it to be a success. 'His
oration was long and passionate,
and he wished to end it with a
warning.
He could have couched his warn-
ing in the old proverb about locking
the stable door after the horse had
been stolen, but that was too com-
complace. He wanted something
better. Then he shouted: "Don't, I
beg you—don't wait until the house
takes fire before you summon the
firemen."
SALLY'S SALLIES
SERENADE TO SEPTEMBER . ,OR, THAT OLD, SAD SONG
Let's be honest, kids, let's face It;
Summer hasn'tbeen so hat.
Fishing, swimming, boating, looting,
Picnics, baseball ---all that rot.
Let's forget that dreary August;
Meet the jou, of coy Sentember.
Here's tho month we start to lire in
It's the ,tort of school. RememberP
Sharpen up those brains and pencils;
Wait with joy the teacher's bidding,
Give th eecheers for , . well, for . Aw
Who in heck do we think we're kidding'
Probably the only man that ever
made money out of rats was the
poet who wrote that thing about
"The Pie -eyed Piper of Hamilton,"
or whatever it was; and the rates
paid for poetry being what they
were, and are, we doubt 1f his take
ware great, at that.
* * *
But to most of us, rats are just
an ever-present pest, although most
of us don't realize just how much
destruction they actually do. Any-
way, I'm not going to apologize for
reminding you about this menace
once again, or for handing along
these four steps which, if carefully
followed, should be a' big help in
ridding your farm of rats.
* * *
FIRST—Clean up. Get rid of all
trash, lumber, posts -and so forth
which make nesting and hiding
places for the rats. Pile posts in
racks at least a foot off the ground.
* * *
SECOND — Pre -bait. Set out
weighed portions of unpoisoned
bait for a few nights. (Ground horse
meat is good for this purpose). This
will show you about how many
rats you are harboring. One pound
of bait makes a night's meal for
100 rats.
* * *
THIRD—Poison. Mix red squill
or antu with the same amount of
neat the rate rleaned up the pre-
vious night. Lock up all live stock
and pets! Put your poisoned bait
on short lengths of board, as this
makes the uneaten bait easy to
pick up in the morning. V-shaped
board covers placed over the bait
will protect your live stock from
getting at the bait, if any of your
animals should happen to be run-
ning loose before the bait is picked
up.
* 4 *
FOURTH—Rat-proof your build-
ings. Repair ate, patch all old hole;
In foundations and sills. Line door
jambs, sills and door bottoms with
sheet metal. Put metal collars
around all pipes and wires by which
rats may enter your buildings. If
you have corn cribs, line them with
hardware cloth topped by strips of
sheet metal.
* * *
So there you have it; and even if
it sounds like a heap of bother, take
ft from those who know, you'll find
it time and labor extra well spent.
* * *
Now, with cold weather just
around the corner (we seem to be
just full of happy thoughts todayl)
it might not be amiss to pass along
some expert information about an-
other most important matter, name-
ly, your chimneys.
* * *
For even the best in home heat-
ing equipment will perform in ratio
to the effective structural design
and capacity of the chimney or
,vent pipe to which it is connected.
For a chimney or vent pipe is, first
and foremost, a venting device
which is suppose'] to carry the
waste products of combustion to
the outdoors, and, nothing, Oilier
decorative or structural, should be
incorporated in a chimney design
which will prevent it, to the slight-
est degree, from, performing this
function.
* * *
Poor chimney construction is one
of the chief causes of all home fires.
It is vitally important to the home
owner that no combustible material
be in contact with a chimney.
There are definite specifications for
the clearance between smoke pipes
and voltt pipes and near -by com-
bustible material such as joists,
wood lath, plaster and wooden par-
titions.
* * *
All such surfaces ought to be
adequately protected with fireproof
material. It's the cheapest form of
fire insurance you can' find. (Still,
this doesn't mean that you should
neglect to carry fire insurance as
well—enough to cover you, and at
present-day replacement prices). ,
• * *
In certain areas where soft coal
is burned for hone heating, chim-
neys and smoke pipes are bound to
accumulate a layer of soot, so it is
necessary to have such chimneys
cleaned out regularly. Otherwise,
chimneys will "burn out" — the
soot will catch fire — and scatter-
ing sparks from such blazes can
ignite combustible roofs, especially
in dry weather.
* * *
Besides that, if wooden members
of your house framing happen to be
touching a chimney, internal fires
can result from a flash fire in a
chimney,
* * *
Make certain that a short, direct
and well -supported pipe connects
your furnace with the chimney.
This will do away with a collection
chasnber for soot. Sections of the
smoke pipe should be fitted to-
gether with metal screws, not
merely shoved into place, and the
smoke pipe should be securely hung
from the overhead joists with metal
straps, also cemented into the flue
opening of th$ chimney and so built
that it eau withstand any "pull-
back."
DOES
INDIGESTION
WALLOP YOB➢
BELOW THE ELT?
Help Your Forgotten "28" For The Kind Of
Relief That Helps Make You Rarin' To Go
More than hall of your digestion to done
nolow the belt -in your 28 feet of bowels.
eo when indigestion etrikee, try somett,hln
"hat helps digestion In the stomach AND
below the belt.
Whatyoa may need le Carter's Little Live,
Pills to give needed help 10 that "forgotten
$8 feet" 61 bowels,
Take Ono Carter's Little Livor Pill baler«
1 ono after meals Take them n000rding8 at
direction& Thr v help wake up a larger floe
of ho I main d .tie lobate In your stomnel
i\{�11�).botteio- ps digest whet you ba,t
t,',,, n 10 Nem •
;(,°on I.ny.
t fist. km,I 01 relief the-
fnel rr t i,v.I.1 vetlr hand to you/
1, lavrrsl ,• nsfrmelthegenuineCartor't
your dn,gglat--abc
All These Things
Come From Fish
Hair clasps and jewelry, gelatine
and glue, lubricating oil and leather
softener, soap ane- cooking fats—
all from remains that were once
thrown away. It sounds like a fish
story, and so it is. The "poor fish"
is poor no longer. He is contribut-
ing to our comfort and health in
many spectacular ways.
Codfish livers started it. It was
found that oil extracted from these
contained deposits of Vitamin A,
which strengthens our resistance to
disease. But codfish did not hold
the monopoly. Halibut, swordfish,
sturgeon and albacore also had vita-
min -rich livers.
The. fortunes that were made by
processing fish livers and market-
ing bhe oil, prompted industrialists
to take a closer look at the fish to
see if anything else besides its flesh
and oil could be turned to account,
Tlhey took a tip from the Chinese
and begadi to manufacture a tasty
soup from the fins of the shark.
Then somebody discovered how
to make glue from fish skins, a
process which has been so much
improved that today a ton of fish
skins yields 60 gallons of liquid
glue.
Quite apart from the oil in fish
liver, it was found that sharks, her-
rings, sardines, ,salmon and mack-
erel all provide an oil which is now
used in the manufacture of paints,
in tempering steel, in malting lower
grade soaps, and in the tanning
industry to make Leather more plia-
ble for gloves and handbags.
Guanine, -a substance obtained
from fish, is processed into the
lovely pearl essence used by mak-
ers of artificial jewelry.
From the air bladder of such as
the sturgeon, carp, catfish and cod,
isinglass is obtained. This is used
In making jellies, imparting gloss
to ailk ribbon, and for making cer-
tain glues and plasters. It is highly
valued by brewers and wine manu-
facturers because is clarifies their
brews and vintages.
Enterprising one-man firms are
fashioning trinkets and ornaments
from bhe peculiarly shaped bones in
some fishes' heads.
He Knew
The wedding presents were on
view. Displayed in a prominent
position was a cheque for $10,000,
the gift of the bride's father.
"I say, who is that chap laughing
at your father's cheque?" exclaimed
the bridegroom, feeling annoyed.
"Oh, that's his bank manager!"
said the bride.
ISSUE 37 — 1949
ATTER
FRED,VV1L1. YOU
WATER TtlE LAWN
BEFORE DRESSING
POR THE HARDEN
PNtTY$
!s/ A Sl•Xi3lTC't IC
Now swimming meets --unless
they happen to include Esther Will -
lams in Technicolor -are a type of
sports event which we can either
take or leave alone, principally the
latter, We recall sitting about half-
way through one such meet, many
years ago, and then announcing that
we were going to ask for our money
back on the grounds that not a
single record had been broken.
• * *
(We only desisted from making
this laudable attempt when some-
body remineded us that, as we had
conte in on a "skull" it migkttn't be
quite ethical to (lantana the return
of our admission fee. But if you get
the point we are trying to stake,
swimming records are a dime a
dozen or thereabouts, and it is a
very unusual meet that doesn't see
several of them broken.)
But this 21 -year-old Hironoskin
Furnhashi seems to be something
really out of this world; and Ile fair-
ly knocked the folks out in Los
Angeles, where they take their
swimming very seriously indeed, for
a.wliole series of loops with the way
he churned up the water recently,
* * a
When word carte out of Japan as
to some of the things Hiro - - - -
shucks, let's just make it H. F. and
let it go at that—was supposed to
have been doing, it raised peals of
scornful laughter among prominent
U.S. swimming coaches, who think
that they wrote the entire book so
far as the natatorial pastime is con-
cerned, But they soon changed their
tune when they saw the young Nip
really go to work,
* * *
Here, in a couple of nutshells, is
what H. F. showed the folks. He
started Off by doing the 1500 meters
in 18:19—just 39.8 seconds lower
than the former ,nark made 11
years ago. Then, in the 400 teeters,
he hit 4:33.3 which is just 1.9 sec-
onds faster than Alex Jany's record
made in 1947.
That same evening that he broke
the 400 meter stark he anchored his
Tokyo Swim Club team to victory
in the 800 meter free -style relay in
8:54,4—which is six -tenths of a sec-
ond faster than the mirk the folks
south of the border made such a
fussaboutwhen the United States
Olympic Team set it last year.
* * *
Not satisfied with that, he topped
things off with a 9:35.5 in the 800
meters, which lopped 15.4 seconds
from Bill Smith's record, which had
stood for 8 years,
* *
For those of you who may be in-
terested in the style he used, H.F.,
and the rest of his Japanese team-
mates swain with a very choppy,
short aril stroke with a revolution-
ary four -beat, instead of the cus-
tomary six -beat, kick for every two
strokes. On the last two strokes the
Nips rest their legs.
* * *
Furuhashi carries this new style
to its zenith, His arms rotate like
a churn, apparently without pause,
and he obtains tnaximunt power
from extra -strong back muscles.
That, according to the experts, is
the big difference between Japanese
swimming and what we are accus-
tomed to on this side of the Pacific.
The Jape use theiebacks, while our
lads and lasses, are trained to use
mostly the arms and shoulders,
* f
But, just in case some of you are
thinking of going and changing
your own style overnight, and set-
ting out to bust a flock of records
on your own, here's the catch. It
takes training—real,, gruelling train-
ing—to stake a swilnmer such as
Hiro-whoo-zit.. He commenced
swimming as most Japanese kids do,
when he started public school. And
by the time he was eleven—that's
ten years ago—in an all -Japan com-
petition he set records which are
still standing. * *
Personally, the think an outboard
motor is a whole lot less work; and
even speedier, if it doesn't act up
and refuse t0 start.
9! t1d' 9
HOUSEHOLD
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A sure killer!
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FOR BALE—]•sed Burke, 11,ct.r••,.. 1- 1
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Tweddle Chick Hatcher. • 1.1 :. .
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18-28 Olfver Hart Parr 0,aot0r on rubber.
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PLANTS FOR SALE
RESERVE now roe meal autumn planting'
Chinese Elm Hodge -12 lncheo to 20 inches
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CORNELL WHEAT 595
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MATRON wanted for 18 -bed, modern 110051101,
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In Serviceable Condition
30" x 60"
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CONCRETE BLOCH PLANTS, why work 06p
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