NATIONAL INSURANCE SCHEME
THE QUESTION OF UNEMPLOYMENT. By Cable.—Press Association.—Copyright Received September 3, 12.30 a.m. London, September 2. Sir Llewellyn Smith, in a paper read Ibefore the economic section of the British Association, suggested the feasibility of a national contributory scheme, operating universally within the limits of a large group of trades, as far as possible self contained iand carefully selected, as a favorable experiment, the funds to be derived from compulsory contributions from all engaged in these trades, and to be assisted with a State subsidy. He remarked that unemployment due to personal causes, except m the case of advancing years, would not be entitled to the benefit insurance. Thus the risks arising from laziness and misconduct might ibe ruled' out. He argued that any guarantee of employment for all, irrespective of personal effort or efficiency, must necessarily impair the national efficiency and lower the national standard. Benefits ought to be proportional to contributions, and the maximum appreciably below ordinary wages.
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Taranaki Daily News, Volume LIII, Issue 124, 3 September 1910, Page 5
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162NATIONAL INSURANCE SCHEME Taranaki Daily News, Volume LIII, Issue 124, 3 September 1910, Page 5
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