513 



INSURANCE NOTES. 



THE 



Tlip annual excursion of the insurance companies 

 of Melbourne took place on Saturday last to Sor- 

 rento. For tlie first time on record the number of 

 excursionists exceeded the complement of the 

 " Hygeia," and at the la^t moment the old and 

 farourite steamer ''Edina" was requisitioned to ac- 

 commodate the overflow. The weather was all that 

 could be desire<l, and the trip was a most enjoyable 

 one. the assistance ot Pi Gilio's string band and the 

 famous Prahrau City Band contributing greatly to 

 the success of the outing. The arrangements for tlie 

 comfort and enjoyment of the ''trippers" were all 

 that could bo desired, and the Committee are to be 

 C0Mgratulate<l on the success of this very popular 

 excursion. 



During ilif debate in the House of Commons on the 

 third reading of the National Insurance Bill, Mr. 

 H. W. Forster. Fnionist. movetl as an amendment: — 

 " While approving of the objects of the National In- 

 surance Bill, this House is of opinion that under Part 

 I., dealing with insurance against sickness, the public 

 funds and individual contributions will not be used 

 to the bf.st advantage. The bill is uneciual in its 

 operation, and steps should be taken to enable fur- 

 ther consideration of Part I. in 1912, draft regula- 

 tions to be published in the meantime."' Mr. Forster 

 declare<l that although those who supported him ap- 

 proved of a National Insurance scheme, it was clear, 

 from the fact that eighteen new clauses had been 

 pa.ssed in a single night, that the measure had not 

 been adequately discussed. Mr. Lloyd George de- 

 nounced the amendment as a shifty method of de- 

 stroying the niea.sure. Any mistakes could be reme- 

 died when the Bill was recon-sadered, but the amend- 

 ment implied a sacrifice of eight months' labour. 

 Matters had been arranged with the Friendly 

 Societies, and although he could not say that the 

 medical profe.viion were .satisfied, he contended that 

 it would be in)possible to meet the demands other 

 wise than as the Bill provided. The Premier (Mr. 

 Asquithi said the amendment would be regarded by 

 the country as an attempt to kill a vast scheme of 

 social reform. The amendment was negatived on .1 

 division by 3"J<) votes to 223. The third reading 

 of the Bi!| vva.^ (.nb.sequently passed, and is now being 

 dealt wiih by the Hcju.se of Lords. 



There are again disquieting enquiries in London 

 for insurance rates to cover the risk of war between 

 Great Britain and Germany. Lloyd's quote seven 

 per cent, for a period of six months, and ten per 

 cent, for a .vear. Leading German firms have re- 

 torte<l tliat the international situation has not im- 

 proved since the delivery of the speech by Sir Kdward 

 Grey, Secretary of Stat<' for Foroign .\ (lairs, in the 

 House of Commons on 27th November last. The feel- 

 ing in Gcrmanv is attribnte<l bv London business 



COLONIAL MUTUAL 

 FIRE 



INSURANCE COAIPANY LIMITED, 



FIRE 



ACCIDENT- 

 EMPLOYER'S LIABILITY- 

 FIDELITY GUARANTEE - 

 PLATE-GLASS BREAKAGE 

 MARINE • 

 BURGLARY 

 LIVE STOCK 



INSURANCE 



OFFICES : 



MELBOURNE— 60 Market Street. 

 SYDNEY— 74 Pit^ Street. 

 ADELAIDE— 71 King William Street. 

 BRISBANE— Creek Street. 

 PERTH— Barrack .Street. 

 HOBART— Collins Street,. 

 LONDON— 77 Cornhill, E.G. 



WALTER TUCKER, 



General Manager. 



THE EQUITY TRUSTEES, EXECUTORS, ANO 

 AGENCY COMPANY LIMITED. 



RESERVE LIABIIIIY, flOO.OOU; GUARANTEE FUND, £10,000. 

 ■CARD OF PIRECTORS- Edwird FanninR, fUq., Chairman; W. 

 B. Irvine, Kiq , K.C., M.F. : Donald Ma'kiDnoii. Keq., U L.A. : 

 R. O. MOutcheon, Esq M LA.; Stewart JloArtliur. Esq. 



Registered Office: No. 85 Queen Street, Melbourne. 



This Company it empowered by special Act of t'arliament t* 

 perform all olasses of trustee businesN. JOKl. VOX, .Maiieger. 

 a T. MARTIN, Assistant Uanaic«r. 



CLEMENT H. DAVIS, 



Incorporated Accountant. Specialist (or Installing 

 Latest American Office Bookkeeping Systems, viz.— 

 Looseleaf or Perpetual Ledgers and Card-Ledgers 

 Correspondence, Filing, Adding and Posting Machines, 

 Sc, &c. 



ROYAL BANK CHAMBERS. MELBOURNE. 



lioii»e.s to possibl.v incuiiect newspaper translation of 

 English political speecbes. Insnrance rates upon 

 cargoes to and from Turkey are hardeniug. 



.\ Jcfitriictive fire occurred in the Chinese Camp at 

 Bendijjo on 2nd December, when buildings to the 

 value of £1.350 were consumed. There was no in- 

 surance on any of the buildings or contents. 



