6 JUNE 1931, Page 34

EFFECTS OF " SOCIAL REFORM."

At the meeting of the Guardian Assurance Company, Colonel Lionel Hanbury, the Chairman of the company, expressed the opinion that advocates of social reform in these Islands did not foresee some of the results, for, he said, we must give them credit that in their efforts to render labour happier and more efficient by the means supplied by the taxpayer, it was never intended, by these same reforms, to deprive labour of those very advantages by increasing unemployment. He did not overlook the claim of some that, in a large measure, heavy taxation brought about a re-dis- tribution of wealth, but this, he argued, was a specious claim, because in the process is destroyed the essential confidence • * * * *