CORRESPONDENCE.

Wairarapa Daily Times, Volume VIII, Issue 2217, 11 February 1886, Page 2

CORRESPONDENCE.

THE GOVERNMENT LIFE INSU& ANOE ASSOCIATION, To TBI? EO^OE, Sm-Yourfowlines on abandonment of valuatorship indicatos a just sympathy for a very unfairly treated number of colonists. _ You will have noted tho con trast this incident yields to Mr Driver's appointment—one requiring more deliberation, yet made prompt without irfoe or enquiry, and one that, <s\ merits, in rejected from one end of the colony to fhe other, 1 Bend you onclosed in order to correct an error likely to bo taken advantage of, viz., that the abandonment of valuator is an act of. economy arising out of Driver's appointment, and therefore a part justification of samo, whereas it is distinctly otherwise, for it is further open to gravo suspicion, that it implies the funds which should not be as extensively employed in loan and mortgage carrying 6 per cent, as in other securities, such as 4 per cent, railway debentures, And then the funds of the polioy folders Will be sacrificed to a distinctly woprietajy jnterest, This in' a, matter 1 think \jill appear to your me.mbersremombering the history of the passage of District Railway Purchasing Bill Last session. 1 am, Ac,, Ohas, Tipplb, Ohi'istchurch, February 8.