Future Poor
BOSTON GOVERNOR PROVIDES LONG-TERM INSURANCE (By Telegraph—Press Association—Copyright] Received July 8, 9.10 p.e. BOSTON, July 7. An interesting plan for providing for the poor of the future, is revealed with the disclosure that Governor Curley, four years ago, took out an 1.1,999 dollar a year insurance policy \vhi>!i L now reposing in a vault “for the relief of the needy poor of Boston.’ It does not become effective, however, until 125 years after the death of hi.? last surviving child. Meanwhile it will bo accumulating iu value and is expected to reach 45,548,000 dollars, sufficient to provide 2100 families with 20 dollars a wee!:. Governor Curley declared: “If two more citizens of Boston would take out similar policies, there would eventually be no poor in Boston and no need for wclfaie work. ’ ’
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https://paperspast.natlib.govt.nz/newspapers/WC19350709.2.62
Bibliographic details
Wanganui Chronicle, Volume 79, Issue 158, 9 July 1935, Page 7
Word Count
134Future Poor Wanganui Chronicle, Volume 79, Issue 158, 9 July 1935, Page 7
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