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Principles of Political Economy, Vol. 2

Note 237a-2 — Chapter III

John J. (John Joseph) Lalor translation

According to Brüggemann (D. Allg. Ztg., 1849, No., 75 ff.), 100 million thalers of an insurance-sum. Actual American legislation prescribes in the case of mutual insurance a minimum number of members of from 200 to 400, a minimum amount of annual premiums of from $25,000 to $200,000, of cash payments on the annual premium of from 10 to 40 per cent. of cash-paid yearly premiums, $5,000 to $40,000; and a maximum amount of premium notes made by a member of $500. (Compare Mittheilungen, 26 ff.)

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