2 MAY 1925, Page 2

The scheme of Comprehensive Insurance will be financed by requiring

employer and employed each to pay an additional 4d. per week in the case of a man and 2d. per week in the case of a woman. For the first ten years the State will pay £5,750,000 a year ; the cost will increase to £15,000,000 in the eleventh year and £24,000,000 in the thirtieth year. After eighty years the scheme will be self-supporting though the cost of its inception will still mean a charge of some £90,000,000 to the State. The State, Mr. Churchill said, was really devoting to this scheme the money saved upon dwindling War Pensions and was thus setting up the finest War Memorial that the wit of man could compass.