Evening Republican, Volume 23, Number 163, Rensselaer, Jasper County, 8 July 1920 — New Insurance Idea. [ARTICLE]

New Insurance Idea.

The British woolen and worsted Industries are proposing a scheme whereby the employees in those industries shall contract out of the national unemployment Insurance bill, at present under consideration in the hpuse of commons, by devising a scheme of their own. There are in the northern countries area of the wool textile trade. It Is assumed, about 200,000 men, youths, women and girls over the age of sixteen years (those under sixteen do not come under the unemployment insurance scheme), and allowing for contributions by employers similar to those under the national unemployment insurance bill, plus one-tenth contribution by the state, it is estimated that there will be available for extra benefits over and above what are provided for under the state scheme the sum of $591,980.