INGERSOLL, CHARLES J. 



INSURANCE. 



529 



of Indiana, and the alacrity with -which they took 

 up arms was mentioned in the '' Cyclopaedia" 

 for 1S61. No flagging was indicated during 

 in their efforts to perform the duty of the 

 State. Upon the first call of the President for 

 three hundred thousand men, on July 7, the 

 governor immediately issued an address to the 

 citizens, in which ho said: " Again I call upon 

 the loyal and patriotic men of Indiana to come 

 forward and supply the quota due from onr State. 

 Up to this hour Indiana occupies a most exalted 

 position connected with the war. Her troops 

 have heen in almost every hattle, and have be- 

 haved with uniform and distinguished gal- 

 lantry. Never before has the State held so proud 

 a place in the^opinion of the world, and it should 

 be the prayer and effort of every loyal citizen 

 that she may not now falter, and that nothing 

 may hereafter occur to detract from her well 

 earned honors. But while we are justly proud 

 of the high rank to which Indiana has attained, 

 we should never forget that our allegiance and 

 highest duty are due to the nation, of which In- 

 diana is but a part. That in struggling for our Na- 

 tional Government, we are contending for our 

 national existence, honor, and all that is dear 

 to freemen, and that in this struggle we must 

 succeed at whatever cost. That it is the duty 

 of every State to furnish promptly her full pro- 

 portion of the military force called for by the 

 President, and that in doing so she has no right 

 to dictate the terms of his military policy, or 

 prescribe conditions precedent upon which such 

 force shall be furnished. To do so would be to 

 recognize the odious doctrine of State Rights, 

 as it has been taught by rebel politicians for 

 many years, and which is but another name for 

 --ion, and the cause of all our woe/' 



Liberal bounties were offered, and volunteers 

 accumulated rapidly. The second call for three 

 hundred thousand men on the 24th of Septem- 

 ber, for nine months, offered some special at- 

 tractions which induced many to enlist who 

 otherwise would not have entered the service 

 under the first. The term of service in the first 

 instance was for three years or the war ; in the 

 second it was only for nine months. The 

 bounties in many places were alike for each. 

 Consequently it became necessary to resort to 

 the militia draft, which created considerable 

 dissatisfaction. Under the first call 31 regi- 

 ments of infantry, 2 of cavalry, and 2 batteries 

 were raised. The whole number of troops 

 mustered into service from the State up to the 

 close of the year was 102,700, of whom 3,003 

 drafted men. The expenditure of the 

 State for war purposes was $1,979,248. 



INGERSOLL, CHARLES JARED, an American 

 statesman, born in Philadelphia, Oct. 3, 1788, 

 died in that city Jan. 14, 1862. He was a son 

 of Jared Ingersoll, an eminent lawyer, and one 

 of the signers of the Declaration of Independ- 

 ence. After completing his collegiate course 

 he studied law, and was admitted to practice be- 

 fore he became of age. Not long after, he 

 visited Europe, and became attached to the 



VOL. II.-S4 



American embassy to France. In 1813, he rep- 

 resented the old Northern Liberties district of 

 Philadelphia in Congress. In 1815, President 

 Madison appointed him United States District 

 Attorney in Philadelphia, in which capacity he 

 served until removed by General Jackson, in 

 1829, and shortly afterward was elected to the 

 Legislature of Pennsylvania. In 1827, he was 

 a member of the State Convention, and, in 1829, 

 of the National Assembly for the Encourage- 

 ment of Domestic Manufactures. In 1837, he 

 was a member of the convention elected to re- 

 vise the State Constitution, and made the re- 

 ports on currency, judiciary, &c. In 1840, he 

 was reflected to Congress, and served until 

 1847, when he was nominated by President' 

 Polk as United States minister to France, but 

 the Senate refused to ratify the nomination. 

 He was not only prominent as a politician and 

 statesman, but was an author of some distinc- 

 tion, and his productions show a wide range of 

 talent as well as of learning and literary taste. 

 He wrote on constitutional law, as well as his- 

 tory, and, in early life, was the author of " In- 

 chiquin's Letters," a production of much merit. 

 He also wrote a " History of the War of 1812," 

 " Chiomara," a poem, "Edwyand Elgiva," a 

 tragedy, " Historical Sketch of the Second "War 

 between the United States and Great Britain," 

 and, more recently, had prepared for the press 

 " A History of the Territorial Acquisitions of 

 the United States." 



INSURANCE COMPANIES, during the year 

 1862, have not apparently suffered by the fact 

 of war, notwithstanding the diminution in some 

 branches of business and the reduced stocks 'of 

 some descriptions of goods to be insured. The 

 losses by fire have, however, been very heavy 

 in the Northern States, and the marine loss- 

 es, considering the diminished transportation 

 of Southern products, have been consider- 

 able. The large losses sustained by the mer- 

 chant marine from the enemy's cruisers have 

 been covered by war risks to some extent, but 

 the aggregate losses of the New York marine 

 companies have been less than in the previous 

 year: 



This result for the year has been encourag- 

 ing, and some of the companies have greatly 

 improved their condition. The scrip dividends 

 have ranged from 8 to 40 per cent., except for 



