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Gisborne Times, Volume VI, Issue 172, 1 August 1901, Page 3

Mr A. Y. Boss, jun„ no.v of Waihi, writes as follows to the Auckland Star in regard to State fire insurance : —“ In reply to°tho statement that this measure is an unjust interference with private enterprise, I would ask since when did public enterprise become subservient to private enterprise? You must know that private enterprise never invested a sixpence without making itself reasonably sure that the public would return it with 100 per cent, profit, and who is to provide that profit but the toiler, by whose exploitation all private enterprise flourishes. And our Premier noting this fact, and also that the Government have done well by taking their own risks with regard to public buildings, has very properly brought in this Bill to relieve the people whom he represents from the tentacles of the Insurance Trust.”