LEGISLATIVE COUNCIL.

Feilding Star, Volume XII, Issue 29, 23 August 1890, Page 2

LEGISLATIVE COUNCIL.

(PEB UNITED PSES9 ASSOCIATION). Wellington, August 21; Sir F. Whitiker moved the second reading of the Government Life . Insurance Act Amendment Bill, and explained that it was intended to provide certain alterations that were required in the working of the Department. One of the alteration* waa the division of profits .triennially in place of quinquerinially. it being held that the five year period was too long. The Bill also provided that policyholders ;in the temperance section may be transferred to other sections if they abandon total abstinence, and that there shall be s>~ division of profits between the general section and temperance section of policy' holders. The Hon. W. H Beynolds suggested that the Government should inquire as to whether the department could not follow the example of the Australian Mutual Provident Society and have annual divisions of profits. Sooner or later thi* .would have to be done, as other- com- - panics were doing it. The Hon. Dr Pollen spoke against proceeding with measures of this character in a moribund Parliament. He opposed the radical change that it was proposed to make in the division of the profits. The Hon. P.. A.- Buckley was 'sure that the Attorney-General had not studied this Bill as carefully as was his wont. It ' seemed that a new officer was to be thrust on the. Department. " Clause 6 ifc . ', was impossible to understand, and oUuse : 7, providing for the removal of policyholders from the .Temperance .section, was loosely drawn. He moyed -the adjournment of the debate. i Sir G. S. Whitmore thought that the* ■ Government insurance was -being-pushed • in a most indecent manner, 1 and he deL ferred that the debate should be adjourned. The adjournment till Tuesday was ' agreed to.