NATIONAL PROVIDENT FUND.
Evidence is not wanting that the National Provident scheme int.rad>uced' by Sir Joseph Ward a few years back with a- 'beaibJn-g of drumSj is : failing flat. Notwithstanding that lecturers and canvacsers have been seat round the. country, the total, (revenue cf the Fund last' year was only £1862 13s 4d. The expenses ctf management totalled £B2B B,s Bd, or 55 per cent, of the contributed income. For some reason' or' another, the people* of /the country have viewed the .scheme with suspicion. And the fact that 55 per cent, of the contributions is eaten, up in management expenses ie". ot -likely to 'popularise the Fund. This piece of "humaiiitiairiaiv' legislation; is not likely to. gain (for its anther any considerable amou/nit cif kudos.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WAG19120701.2.9
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Age, Volume XXXII, Issue 10673, 1 July 1912, Page 4
Word count
Tapeke kupu
126NATIONAL PROVIDENT FUND. Wairarapa Age, Volume XXXII, Issue 10673, 1 July 1912, Page 4
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Wairarapa Age. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in