HC Deb 19 July 1911 vol 28 cc1020-1
Mr. SNOWDEN

asked if, under the National Insurance Bill, the 4d. contributed by the workman will be handed over to the approved societies for investment, or retained and invested by the Treasury?

Mr. ILLINGWORTH

Under the Bill as it stands such portion of the 4d. contributed by the workman as requires to be invested would be invested by the National Debt Commissioners, but my right hon. Friend has under consideration an Amendment enabling the societies to control this part of the investment of funds.