[To THE EDITOR OF THE "SPECTATOR."] SIR,—I would venture to
suggest what strikes me as being an improvement on your very attractive suggestion of last week, as regards a scheme of old-age pensions, which is, that the Government should grant a weekly pension (be it 5s. or 7s., as may be hereafter decided on) to every man and woman resident in this country who reaches the age of seventy-three, not being payers of Income-tax, and who have been members of some self-established friendly society for a period of not less than ten years during some time of their life. This would certainly encourage thrift among the poorer classes, and also enable the societies to insure against sick- ness at a lower rate than they can at present safely afford to do, as it world certainly greatly increase the number of their
Previous page
