THE LOSS OF THE LONDON.
TO THE EDITOR OF THE TIMES.
Sir, - It is not the practice of most great shipowners and companies, including, I believe, Messrs. WIGRAM, to insure their vessels against loss in any of the great marine insurance offices, as it is customary for them to keep up a sort of insurance fund of their own, which provides against the loss of any of their vessels.
A few days after the loss of the London I was given to understand by a gentleman connected with a large marine insurance-office that Messrs. WIGRAM had insured the London at his office for a large amount just previous to her departure, in addition to their own insurance fund.
Now, if this should prove to be the case, the public have a right to know whether the extra weight of insurance was caused by any fear on the part of Messrs. WIGRAM of the extra weight of her cargo.
I am, Sir,
ONE WHO HAS SAFELY WEATHERED FOURTEEN HOURS
OF A CYCLONE IN AN AUSTRALIAN PACKET SHIP.