Abstract

The Alabama Claims Commission and its Expenses

September 17, 1885 issue

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The article presents information on Alabama Claims Commission. The free way in which the Alabama Claims Commission and the counsel have helped themselves to the funds is, if the charges against then be true, a very natural result of the way the money was obtained. Large claims were made from the British on account of the insurance companies, which took the war risks and paid the owners for their losses and the Geneva Tribunal allowed these claims, as any other court would have done and they were accordingly paid over by the British. No sooner had the money been received, however, than Congress turned around and decided that the insurance companies should have nothing and that instead of this the persons who had paid war premiums and who, the Tribunal decided, were not entitled to anything at all, should be paid in full.

See Also:

CLAIMS; FINANCE; MONEY; INSURANCE premiums; INSURANCE companies; FINANCIAL institutions; INSURANCE
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