Lloyd
2 of the 6 encyclopedias on this shelf carry an entry for Lloyd. Both are reproduced below, so you can see where they agree and where they differ.
Aiton's Encyclopedia (1910)
North German, a steamship company organized at Bremen in 1857. It maintains steamship communication between Bremen and New York , Bremen and Baltimore, and also between New York and various Mediterranean ports. Lloyd's (loid's) London Exchange, a London organization of men and firms engaged in marine insurance , that is to say, the insurance of ships and their cargoes. The association takes its name from Lloyd's, a famous coffee house much frequented by insurance men in the seventeenth century. To become a member of the association a firm must give evidence of financial ability to meet losses. Membership in the association is therefore a certificate of good standing, and enables a firm to secure business. The association occupies a part of the London Royal Exchange, and uses the organization to obtain shipping intelligence for the benefit of members. Lloyd agents are constantly cabling in information of the arrival and departure of ships from every considerable port in the world. If a friend has taken passage for Sydney, Australia, Lloyd's is the place to find out whether the ship has been seen on the outward trip anywhere, and whether it has reached its destination in safety; and Lloyd's is the first place to hear of shipwreck, collision, or disaster. A lobby is provided for the public. On the basis of information secured by their association, the various marine insurance companies insure annually property valued at $2,000,000,000. Lloyd's is to the shipping world much what Bradstreet's and Dun's are to the mercantile world. Information as to the soundness of ships is obtained from Lloyd's Register, a separate affair.
Collier's New Encyclopedia (1921)
HENRY DEMAREST, an American writer on economics, brother of David; born in New York, May 1, 1847. He received his education at Columbia College, and shortly after graduating joined the editorial staff of the Chicago "Tribune." He resided in Winnetka, Ill. His chief work is the notable book "Wealth Against Commonwealth." He has also written "A Strike of Millionaires against Miners, or the Story of Spring Valley," "A Country Without Strikes," etc. He died in 1903.
What Has Changed in the Last Century
Two of the three Lloyds here have moved on considerably. Norddeutscher Lloyd, which Aiton's in 1910 described running Bremen to New York and Baltimore, lost its fleets in two world wars and in 1970 merged with the Hamburg America Line to form Hapag-Lloyd, today one of the world's largest container carriers rather than a passenger line. Lloyd's of London no longer sits in the Royal Exchange as Aiton's found it: it moved out in 1928 and since 1986 has occupied Richard Rogers's inside-out building on Lime Street, and after the asbestos and pollution claims that nearly destroyed it around 1990 its capital comes largely from corporate members rather than individual "Names" pledging their whole fortunes. The 1910 figure of $2,000,000,000 insured annually is dwarfed by present-day premiums in the tens of billions of pounds, though Lloyd's Register remains, as the old entry says, a separate affair. Collier's account of Henry Demarest Lloyd still stands; his 1894 "Wealth Against Commonwealth," an attack on Standard Oil, is now read as a founding text of American muckraking.
Written for this edition, 2026.