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Insurance For Workingmen

Insurance For Workingmen image
Parent Issue
Day
11
Month
June
Year
1897
Copyright
Public Domain
OCR Text

Washington, June 8.- Some valuable statistics relative to the growth in Germany of the workingmen's insurance system have been received at the state department from United States Consul Stern at Bamberg. These societies insure against sickness, accident and old age, and in the opinión of the consul have had a beneficial influence uoon the economical and social position of the Germán werking closses. He says that in a country like Germany, where low wages allow but pfnall fractions of the laboring classes to put by something for a rainy day, a great deal has been accomplished by this system, which, he hopes, raay be extended to other countries. In ten years, from 1885 to 1895, claims to the araount of $296,015.824 have been paid to 25,061,620 persons, and $250,000 per day is distributed in such benefits. Minister Quinby at The Hague reports to the state department that the Dutch government has by royal order exempted analine oil from import duty.

Article

Subjects
Ann Arbor Argus
Old News