§ MR. HENNIKER HEATONTo ask the Postmaster-General whether the Committee, of which Lord Farrer is Chairman, to inquire whether it is desirable that steps should be taken to encourage the present life insurance system of the Post Office, and, if so, what steps, has yet reported; and whether the Committee has considered the advisability of appointing a specially trained man to manage the life insurance business, the desirability of severing the insurance business from the savings bank system of accounts, and the advantage of the payment of premiums by means of stamps.
(Answered by Mr. Sydney Buxton.) I have received and am considering the Report of the Committee, presided over by Lord Fairer, appointed to consider the desirability of encouraging the life insurance system of the Post Office, but I am not yet prepared to make any statement with regard to the Committee's recommendations. I take this opportunity of publicly thanking the Committee for the great consideration they have given to the question.