2
in the other among a high
Enclosure 2.
639
opinion promised in the 7th paragraph of the report have not been received for the reason, as I understand, that as Sir Matthew Nathan was opposed to the scheme of compulsory Insurance, the contributors who favoured such scheme did not consider it worth while further to pursue the subject.
5. Upon receipt of Your Lordship's Despatch under acknowledgment, it was with its enclosures printed and circulated among all the contributors to the fund. A meeting of representatives from each Department and of the Directors of the Fund, was subsequently held and was presided over by the Treasurer, who is Chairman of the Directors. Mr. A. M. Thomson, who is an advocate of the transfer of the Fund to the Government, explained the purport of Your Lordship's Despatch, and the question was fully discussed. But the great majority of the contributors and all of the Directors, except the Chairman, were opposed to the transfer of the fund.
6. I now enclose copy of a Memorandum in which the present Directors of the Fund, with the exception of the Chairman (Mr. C. McI. Messer, Acting Treasurer) have set out the views of the contributors on the