Mr. Sidney Webb has done good service in exposing a
grave anomaly in the working of the Insurance Act in the last issue of the New Statesman. The correspondence which has passed between Sir Robert Morant and himself clearly brings out the unfortunate position of the four hundred thousand deposit contributors, who are not insured in the approved societies, but pay their weekly contribution into the Post Office. We cannot go into all the details, for which we refer our readers to the New Statesman, but may confine ourselves to stating that by a process of premature deduction, adopted for the con- venience of the office, the deposit contributor is deprived for a whole quarter at the end of the year of his right to draw a benefit out of his own money. Hard cases may make bad law, but conversely it is a bad law the administration of which creates bard cases wholesale.
Previous page
