§ Sir H. CARLILEasked whether any actuarial estimate has been, or can be, made of the increase in the prices of commodities and manufactures as a result of employers placing the contributory charges under the National Insurance Bill on the cost of production?
§ The CHANCELLOR of the EXCHEQUER (Mr. Lloyd George)I see no reason to anticipate the result apprehended by the hon. Member, which, in any case, would obviously not admit of actuarial calculation.
§ Sir H. CARLILEWhere does the cost go, if not to commodities?
§ Mr. LLOYD GEORGEMy expectation is justified not only in Germany, but in other countries where the system has been adopted, that it will be absorbed in the increased efficiency of the workmen.
§ Mr. LLOYD GEORGENo; not until the Bill has got into full operation.
§ Mr. CROOKSCan anybody swim without entering the water?