1. NOTES AND MEMORANDA.
- Author
-
Cummings, Edward and Crehore, C.F.
- Subjects
COOPERATIVE insurance ,ENDOWMENTS ,STATISTICS on the working class ,FRATERNAL organizations ,ECONOMICS - Abstract
The article presents notes and memoranda on various economic activities in the U.S. The annual report of the Connecticut Bureau of Labor Statistics for 1891 is a valuable contribution to the study of self-help organization and workingmen's insurance. The two bulky volumes of this report, which for some reason did not appear till the end of 1892, are almost entirely devoted to a description of the Fraternal Mutual Benefit Societies of Connecticut and an analysis of their work for the five years from 1887 to 1891. In other developments, in an article on co-operative insurance and endowment schemes, it was said that, unless the endowment organizations died a natural death, much legislation and many judicial decisions would be necessary to give them clear legal standing. The natural death has come already in Massachusetts. Fifty-six orders had been organized before the passage, in 1890, of the law forbidding the issue of new charters. Fifty-six orders had been organized before the passage, in 1890, of the law forbidding the issue of new charters. The insurance commissioner in his Annual Report for 1893 publishes what he calls Brief Endowment Obituaries for forty-eight of them.
- Published
- 1893