STATE INSURANCE IN NEW ZEALAND.
. 4 . VIEWS OF N.S.W. MINISTER. (By Telegraph—Press Association Copyright! Syclnoy, April 21. The Assistant Minister to tho Treasury, Mr. Carrnichael, in a speech advocating a State insurance scheme, declared tliat New Zealand State insurance, taken from the point of view of the general public and insurers, was an emphatic success. Tho New/ Zealand Department may not have had much to distribute in tho way of profits, but ono effect of the scheme had been a reduction of premiums by the whole of. the privato companies. "One can hardly call an institution which saves the general public nearly a quarter of a million, per annum a failure from tlie..point of. view of tho general public," ' concluded, Mr. Carmi- , cliaeL
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Dominion, Volume 4, Issue 1108, 22 April 1911, Page 5
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123STATE INSURANCE IN NEW ZEALAND. Dominion, Volume 4, Issue 1108, 22 April 1911, Page 5
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