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Updated: May 20, 2025
Even after this recognition, England made the export of cotton practically impossible by intimidating the cotton exporters in every possible way, among others by spreading the rumor that the ships would be captured nevertheless, and by prohibiting English insurance companies from underwriting such cargoes.
"Yes I understand whom you mean," said the President, compressing his lips. "No doubt this was part of his plan. Well, you seem to have followed this thing pretty closely, Richard what do you think we had better do?" "Isn't that rather a matter for Mr. Gunterson to decide now, sir? I don't want him to start with the idea that I am trying to dictate the underwriting policy of the company.
The Federal Steel Company, the American Bridge Company, the American Steel and Wire, the National Tube Company, all representing the assembling of large works which had been engaged as rivals in similar enterprises, were launched, with the usual accompaniments of "underwriting syndicates," watered stock, and Wall Street speculation. This sort of thing made no appeal to Andrew Carnegie.
As soon as he had settled the underwriting affair with Sir Francis and his two co-Directors, Larssen went straight to Wiesbaden to the surgical home, and had his card sent in to Elaine. Elaine received him in the garden of the home, under the soft shade of a spreading linden, where she had been chatting with another patient.
And I've made the company a better money-maker on the underwriting side than it's ever been before you'll admit that, I think. There's no reason why we shouldn't go on. My suggestion would be to assess the stock." He awaited the answer nervously, toying with a penholder, not daring to glance at the other man. He did not have to wait long. "Not much!" said Mr. Murch, coldly.
"I see no reason why the Guardian should not go on and continue to be the successful underwriting institution it has always been, and certainly I shall try my hardest to make it so. I am very much obliged to Mr. Whitehill for his expression of confidence in me. Now, there are two things which you gentlemen can give me and for which I ask you to-day.
There are also the agencies, in each of which from one to a dozen smaller companies have intrusted their local underwriting to some agency firm. There too are the offices of the world's leading reinsurance companies, most of them German or Russian, who accept their business not from agents or property owners, but entirely from other insurance companies.
Beyond achieving decisive force and dominant battlefield awareness, we envisage Rapid Dominance producing a capability that can more effectively and efficiently achieve the stated political or military objectives underwriting the use of force by rendering the adversary completely impotent. In Rapid Dominance, "rapid" means the ability to move quickly before an adversary can react.
They know that if they refuse any chance of underwriting that is offered, they are not likely to get a chance when the next loan comes out, and since underwriting is a profitable business for those who can afford to run its risks, many firms put their names down for anything that is put before them, as long as they have confidence in the firm that is handling the loan.
So he hung on, hoping against hope for something almost anything to happen. To be sure his own comparative incompetence was to blame for the company's underwriting record, but that was a matter beyond his control. It was perhaps an hour after Mr. Wellwood's departure when the card of another caller was brought to Mr. Murch by the efficient office boy. "Show him in," he said.
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