between the assured and the underwriter, but is left to be estimated in case of loss. The term is opposed to “valued policy,” in which the value of the subject insured is fixed for the urpose of the insurance, and expressed on the ace of the policy. Mozley & Whitley. Rig v. Fire Protection Ass’n, 61 S. C. 448, 39 8. E. 614; Cox v. Insurance Co., 3 Rich. Law, 331, 45 Am. Dec. 771; Insurance Co. v. Butler, 38 Ohio St. 128 But this term is also sometimes used in America to describe a policy in which an aggregate amount is expressed in the body of the policy, and the specific amounts . and subjects are to be indorsed from time te time. London Assur. Corp. v. Paterson, 106 Ga. 588, 32 S. E. 650.—Paid-up policy: Tn life insurdnce. A policy on which no further payments are to be made in the way of annual premiums.Time policy. In fire insurance, one made for a defined and limited time, as, one year. In marine insurance, one made for a particular period of time, irrespective of the voyage or voyages upon which the vessel may engaged during that period. Wilkins v. To bacco Ins. Co., 30 Ohio St. 339. 27 Am. Rep. 455; Greenleaf v. St. Louis Ins. Co., 37 Mo. 29.—Valued policy. One in which the value of the thing insured is settled by agreement between the parties and inserted in the policy. Cushman y. Insurance Co., 34 Me. 491; Riggs v. Insurance Co., 61 8. C. 448, 89 S. E. 614; Luce v. Insurance Co.. 15 Fed. Cas. 1071.— vereee olicy. A policy of marine insurance effect or a particular voyage or voyages of the vessel, and not otherwise limited as to time. Wilkins v. Tobacco Ins. Co., 30 Ohio St. 339, 27 Am. Rep. 455.—Wager policy. An insur ance upon a subject-matter in which the party assured has no real, valuable, or insurable interest. A mere wager policy is that in which the party assured has no interest in the thing assured, and could sustain no possible loss by the event insured against, if he had not made such wager. Sawyer v. Insurance Co.. 87 Wis. 539: Iembler v. Insurance Co., 8 App. Div. 188, 40 N. Y. Supp. 450; Amory v. Gilman, 2 Mass. 1; Gambs v. Insurance Co., 50 Mo. 47. Politiss legibus non leges politiis adaptandse. Politics are to be adapted to the laws, and not the laws to politics. Hob. 154. Pertaining or relating to the policy or the administration of government, state or national. See People v. Mor gan, 90 Ill. 558; In re Kemp, 16 Wis. 396. —Political arithmetic. An expression sometimes used to signify the art of making calculations on matters relating to a nation; the revenues, the value of Iand and effects; the produce of lands and manufactures; the population, and the general statistics of a country. Wharton. —Political corporation. A public or munic ipal corporation; one created for political pur poses, and having for its object the administration of governmental powers of a subordinate or local nature. Winspear v. Holman Dist. Tp., 37 Iowa. 544; Auryansen v. Hackensack Imp. Com'n, 49 N. J. Law. 115; Curry v. District Tp.. 62 Iowa, 102, 17 N. W. 191.—Political economy. The science which describes the methods and laws of the production, distribution, and consumption of wealth, and treats of economic and industrial conditions and laws, and the rules and principles of rent. wages, capital, Inabor, exchanges, money, population, etc. The science which determines what laws men ought to adopt in order that they may, with the least poesible exertion, procure the greatest abundance of things useful for the satisfaction of their wants, may distribute them justly. and consume them rationally. De Laveleye, Pol. Econ. The actence which treats of the administration of the revenues of a nation, or the management and regulation of its resources, and productive property and, labor. Wharton.—Political law. That branch of jurisprudence which treats of the science of politics, or the organization and administration of government.—Political lib~ erty. See LIBERTY.—Political offenses. As a designation of a class of crimes usually excepted from extradition treaties, this term denotes crimes which are incidental to and form a part of political disturbances; but it might also be understood to include offenses consisting in an attack upon the political order of things established in the country where committed, and even to include offenses committed to obtain any political object. 2 Steph. Crim. Law, %7%0.—Political office. See OFFICE.— Political questions. Questions of which the courts of justice will refuse to take cognizance, or to decide, on account of their purely political character, or because their determination would involve an encroachment upon the executive or legislative powers;e. g., what sort of government exists in a state, whether peace or war exists, whether a foreign country has become an {ndependent state, etc. Luther v. Borden, 7 How. 1, 12 L. Ed. 581; Kenneth v. Chambers, 14 How. 38, 14 L. Ed. 316; U. S. v. 129 Packages, Fed. Cas. No. 15,941.—Political rights. Those which may be exercised in the formation or administration of the government. People v. Morgan, 90 IJ. 563. Rights of citizens established or recognized by constitutions which give them the power to aperncets directly or indirectly in the establishment or administration of government. People v. Barrett, 203 Il. 90, 67 N. B. 742. 96 Am. St. Rep. 296; People vy. Washington. 36 Cal. 662; Winnett v. Adams, 71 Neb. 817, 99 N. W. 684.