28 OCTOBER 1911, Page 2

On Thursday the discussion of Clause 18 was resumed. Mr.

Lloyd George proposed his amendment, whereby societies of under 5,000 members might be grouped together and in this way participate in the scheme. His idea seems to be that if you put together half a dozen insolvent societies the result will somehow be solvency. We are not financial experts, but we cannot say that this strikes us as convincing. The amend- ment was accepted, and the clause passed under the closure.