Australia in 1897 the Country And Its Resources Population Public Works And

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, equivalent to ^^5 15s. 4d. Per head of the total population f — nearly thirty pounds for each household of five persons. This average which is a fraction higher than that for 1883, when it stood at £28 3s. 4d. For each depositor, shows how little the lower middle-class of the population has suffered from the recent depression. The class above has suffered most, and this is made clear by the reports of the Life Assurance Companies. There has been a large number of surrenders as well as free bo...rrowing on the surrender value of Policies. The status and funds of the various companies have, however, been maintained, and thirty thousand new policies were [* The returns for 1895-6 show that this amDunt had increased to ;^2i, 740, 8o2 ; the depositors to 741, 386; and the average for each depositor to ;{^29 6s. 6d. ] t The amount per head of population in the United Kingdom is less than half this average, £2 i6s. 5d.
19 issued in 1895. [An improvement in nearly every respect is reported as of business done during the \'ear 1896.


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