27 FEBRUARY 1926, Page 40

Of special interest also is a scheme adopted by certain

societies that combine insurance with a loan. In this case a single premium will secure the payment of any balance of money Owing to a building society if the -borrower, dies before he has repaid the full loan. This- scheme enables the comparatively poor man to be sure that in ease of his early death, his family will still have a home. There is also an investment department in the more modern societies which enables persons who are saving up for the purchase of a house to put by money weekly in small or large amounts. In fact building societies, by encouraging thrift and house ownership, arc playing a most important part in our national life to-day. * * *