NATIONAL INSURANCE.
NQT A HAZARDOUS SCHEME
ACCUMULATING A RESERVE
[By Electric Telegraph.]
London, May 24,
In the House of Commons to-day Mr Sydney Buxton (President of the Board of Trade) moved the second reading of the National Insurance Bill.
He denied that the unemployment proposals were hazardous, and said that they were founded on good actuarial calculations. It was important to start the scheme in years of good trade, in order to accumulate a substantial reserve.
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Ohinemuri Gazette, Volume XXII, Issue 2795, 26 May 1911, Page 2
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76NATIONAL INSURANCE. Ohinemuri Gazette, Volume XXII, Issue 2795, 26 May 1911, Page 2
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