Life Insurance.

Manawatu Standard, Volume IV, Issue 286, 30 October 1884, Page 2

Life Insurance.

. : [Industrial Gazetfo]We thoroughly believe m; die principle of Government insuraheb and for these reasons :--*(;!) -.'VTe believe m life insurance, for breadwinners ; (2) we believe iri the blessing iof life insurance being extended to breadwinners at the lowest fair price; (3) we believe a Government Department (properly managed,' of course) can do life insurance cheaper than any private company.; and (4) we look upon it as a step' leading up Co .a:i condition which will oulminatein ,the people, Xbrousjh Government, saying to all breadwinnersmrider itsJ jurisdiction : i;_^« We havei •< established a means you rnay> provide .» fer those depending upon you, m the event of your dfath; and we shall hold yoit guilty Ht a punishable offence should you neglect toisebure this privilege of provision m accordance; with law." Thu* the expenses of. advertising and touting would, .toufftrgg while the clerical expenses would be enormously )reduceJ_F-o ?6ta. ,\We>h£ve not a word to, say against private companies. ' They have done and are still dbin&a goodjwdifc * and;they deserve the highest commendation for tk» manner m which they have done it. But the provident and charitable have a claim to be heard. It is not fair to

. thpse who deny themselves to make H^rpvisioh fur their wives and children, that they should almoßt daily to -called, upon to provide for the widows and children of men who might have made ample provision themselves. Sentiment m such matters is entirely ■• (kit' of place. We* hope to gee the time when no man will be allowed to : >mftf ry who cannot earn sufficient so long as he has health not Only to keep his family but to enable him to pay >i sum to his Grovenimeut a.n an annual ■premium which; will secure limrfiunity from actual want to those who may become dependent upon him.