The Home Secretary has introduced a Bill for the Regulation of Friendly Societies, the chief principle of which is to carry out an elaborate system of district registration, to provide forms in which the accounts of registered societies must be made out, to supply accurately calculated tables by which (very intelligent) people may be able tp judge of the solvency of those bodies, to prohibit the insurance of the life of any child under three years of age altogether, and to permit it only under fixed conditions even aboye that age ; and further, to consolidate the yarious laws concerning friendly societies into the eighty clauses of the new Bill. The most important, however, of Mr Cross's intimations was, that the Government itself thinks of taking up the subject of Life Insurance in a more practical form than hitherto, and so bring the benefits of a secure life assurance within the reach of the working classes. If this is to be done, let the Government not only insure, but itself collect the premiums. Without that, the scheme will be nearly abortive j with it, it might; add really to the prudence and the happiness of the working class,
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Bibliographic details
Grey River Argus, Volume XV, Issue 1924, 6 October 1874, Page 2
Word Count
197Untitled Grey River Argus, Volume XV, Issue 1924, 6 October 1874, Page 2
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