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13 1
Leading Points
Note A
A few words with regard to the question of that pro
As to the quantum of this provision, of
expectations could not which nothing would be into, appear be stated in the proof of
the Bill. With regard to the Requiem Annuities
the Bill, of stating them here —
their provisions for old Age, my plan is revision,
a topic which could not be touched upon in the Bill
. My wish, object is my endeavour is that the
My View now is to make the provision a compleat one, sufficient
of itself in the instance of for such and every one of the pensioners Annuitants: and
my hope is and belief is, that that object so desirable an object will be accomplished.
One difficulty will here occur: viz: that a provision of this kind to a certain
amount will be equally
be required by requisite for all:
at the same time that
the fund quantum of
the fund out of which
considered as it formed
out of and depending
on the contributions
of the several individuals Annuitants
above the provision
is to arise, viz: the
sum of the contributions
that can savings
that can be made out
of each mans earnings
during the continuance
of his term, must
be liable to great
inequalities must as well
as the time at which
the provisions is to commence,
must be liable
to inf very great inequalities.
But allowing admitting the wants to be uniform
the ways and means the quantum of the supply so long as it proceeds is grounded
on the same principle, is susceptible of infinite
inequalities degrees of inequality
Some will
be young, others already old: some will have
a term as short as two years to stay, others
wi may have seven years or more. The constitutions
and habits of some will enable them to keep
on earning a subsistence to a later period of
life: others will require this period to be accelerated..
All these inequalities must be in some
measure be removed: for while any have a sufficient are indulged with an
abundant provision, none ought to be left without a sufficient
one. The first thing then to be done is to
establish a minimum: below which no man's
allowance shall be reduced.
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