{"newspaper_name": "The New York herald.", "edition": "01", "page": "p2", "byline": ""}
{"character_count": 2941, "word_count": 499, "ccnet_language_score": [0.9653000235557556], "ccnet_perplexity": [1296.9000244140625], "fasttext_language": ["en"]}
The UNDERWRITERS AND THEIR PosIT1oN-MRx-
IcAN PRIvArKERs.-The marine insurance compa-
nies of Wall street shaking with fears at tho
prospect that the commerce Of our country will be
hunted down, instanter, by piratical privnteers,
which, under cover Of the Mexican flag, will
swarm upon the Atlantic tracks of our packet
ships, and hover around every port, while our
limited United States squadron are operating in
the Gulf of Mexico. These companies have not,
us it has been generally supposed, inserted what
is called the "war clause" in their policies, and
consequently they are liable for oil captures and
detentions, and losses consequent thereupon.
Having hundreds of millions at risk, it is not diff
cult to believe, that war Of few months dura-
ton would soon wipe these companies out of exis-
tence-and the claimants would scarcely receive
back the amount paid in for premiums. More
than six months since, it was known that Mexican
pnvatecring commissions were in the hands of
Mexican agcntsat Havana, Matanzus, Trinidad de
Cuba and at other points, ready for distribution to
slave traders, and others willing to embark in the
business The outlaws Of all nations are eagerly
watching for plumber, and Congress should give us
a law TO hang every American engaged, directly or
indirectly, in privateering under the Mexican flag.


Several Of the insurance companies have issued
iuc poiOtco us we'll ds IndIlHc. souCH
should Immediately return the fire premiums, and
give those who wish it an opportunity to mako
themselves really secure, by procuring policies
from the companies where no marine risks are
taken According to the present prospect Of things,
10 hardly safe for any American vessei to 20 to sea
'cithou being armed dwd pre- pared for fight ,rith
the prirdtes under the Msriodw flag, that sriu ~osc
srov,n orsr the Aflamtic and every Other sea-





MAGNETIC TELEcRAfH.-Om correspondent a,
Philadelphia must have fallen into an error, in
stating that he despatched the news from the seat
Of war as soon as tho operator at Jersey City
could be got at the station" implying that there
was some delay ocoaGoned by his not being at
the station. We have seen the agent at Jersey
City, and he assures US that he was promptly at
his post. And 20 far from any delny having 90
CURED, the message for the Herald was immedi-
atey transcribed and despatched to this Office II
there was delay, it was not occasioncd by any
cause at this end Of the line. We cheerfully
make this correction, in justice to tho gentcmanly
agent at Jersey City, who has cxcrted himself in
praiseworthy manner in serving the press, and
Whose duties are very arduous and responsible


WREcx OF THE CAMBRiA.--A faithful sketch of
this steamship, ashore on Cape Cod, has Just been
published in Boston. II represents tho steam
tugs r.. B. Forbes and May Flower, in the act of
drawing her from the beach. They are for sale
at the counter Of our publication once.