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Government Life Insurance Office—Question

Volume 204: debated on Thursday 16 February 1871

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asked Mr. Chancellor of the Exchequer, Whether it is Ms intention to establish a Government Life Insurance Office?

, in reply, said, that he had never concealed his opinion that Government would confer a great benefit upon the country if it were to give absolute security for life insurance. He must, however, hesitate before attempting to undertake it, because his opinion did not appear to be very extensively shared in by the public. Until the people asked for it, he did not think it would, be wise in the Government to adopt it.