SELF-PROVIDED OLD-AGE PENSIONS.
LTO THE EDITOR OF THE " Se ROTATOR:1
SIR,—In an editorial note on the Bishop of Lichfield's pro- posal for contributory old-age pensions in last week's Spectator you say :—" Why should not the Bishop and those who agree with us and him combine to place the proposal before the country in a concrete form ? " The time would appear to be ripe for the adoption of your suggestion. Proposals of the crudest and most impossible kind are being put forward and are making rapid headway. On the other hand, those who are familiar with the working of pension schemes on an insurance basis know the admirable possibilities of the insurance method, and are fully convinced that in it an easy solution of the problem of old-age pensions lies ready to hand. If your space permitted, I could give details of the successful working of one contributory pension scheme which would surprise most of your readers,—I refer to the Royal National Pension Fund for Trained Nurses, of which her Majesty the Queen is president. I do not know anybody better fitted to initiate a combination for placing a practical scheme before the country in a concrete form than yourself ; nor any place more suitable for at least a "concrete" commencement than the Spectator office. If you agree with me, you will perhaps publish this letter.—I am, Sir, &c., GEO. W. POTTER, M.D.
(Physician to the Royal National Pension Fund for Trained Nurses).
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