PARLIAMENTARY.

Hokitika Guardian, 28 November 1927, Page 4

PARLIAMENTARY.

(Ily Telegraph—Per Press Association,

THE HOUSE. WELLINGTON, Xov. 20. The House met at 10.30 a.m. Replying to Mr liuddo, Lhe Premier said he would lie glad to look into the question of third party insurance in ease of motor-car accidents. Sir Maui Pom are moved the adoption of further clauses to the Local Legislation Rill, which clauses, lie said, had all been asked for and to which there was no objection. The clauses were agreed to. Hon. Eollcston moved the second reading of the insurance Amendment Rill. He said there was nothing unfair or unfriendly in the Rill towards Lloyds. They welcomed Lloyds or any other firm that would give the people cheaper insurance. All they stipulated was that any new firm coining in to do business in Xew Zealand must compete on fair terms, and provide security to the public by making the required deposit with the Government. This arrangement did not in any way affect marine insurance. The matter had been most carefully considered with the interested parties, and it was to avoid a suggestion of undue haste, that the Rill had been brought down so late in the session. The Leader of the Opposition said nothing could excuse the bringing down of such an important hill so late in the session. Instead of such a measure admitting the right of competition, the Minister should have been introducing a hill making insurance a State monopoly. He understood Lloyds was not objecting to pay a deposit ot twenty thousand sterling, hut they did , object to have to pay it five times over to cover each of their agents. The Minister—They are not asked to | do that. Mr Holland said if that was so, ac- | cordinglv the wording of the Bill would ) have to he altered. In any ease the j deposit was not a remedy. What *.-e wanted was a State monopoly.