POLITICS & BUSINESS.
PASSAGE AT CITY COUNCIL. "Superannuation is unsound," a n opinion of City Councillor J. Fuller's, wna a remark which ltd to <cver.il interesting observations at last night's special meeting of the Wellington City Council. "That is an extraordinary thins to Bay,'* retorted one councillor. "If a superannuation schema is unsound it means that tho actuary who figured it out made a mistake." ' Councillor Fuller: I mean unsound in principle. Councillor A. I?. Atkinson said that unsoundness in superannuation schemes was not the fault of the actuaries, but tho fault of tho politicians who look ehargo of them after they had got tho actuaries' reports. Therefore, it was quite unfair to blame tho actuaries, "Tho mixing up of politics and business in the way gentlemen in another place' are too fond of doing," was the causo of the trouble.
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Dominion, Volume 6, Issue 1803, 16 July 1913, Page 6
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140POLITICS & BUSINESS. Dominion, Volume 6, Issue 1803, 16 July 1913, Page 6
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