MAJORITY REPORT.
175
The following table shows the number of deposit contributors
at various points since the beginning, and the exits from this
class in the periods stated :—
Exits FroM DEPOSIT CONTRIBUTORS FUND.
Vv,
£
n
i Sa
1912-16 is 3
1o9g oe 7
1918 i =
EE a 3
1929 ... i
199; ... 40 =
19998 .. rs ”
19930 oa :
1924 (to 1.11.24) .
Transfers
o Approved
Societies.
265,736
61,418
55,181
43,601
74,432
63,603
44,870
43,498
48988
Exits
for other
reasons.
229,512
15,715
71,623
75,487
135,184
109,810
83.731
77.374
60.396
Total
Exits.
495,248
77,133
126,804
119,088
209,616
173,413
128.601
120,802
103.684
No. of
Deposit
Contributors
at end of
year.
300,470
337,048
349,394
416,926
305,785
247,192
245,019
938,547
9237090
It will be seen :—
(1) That apart from the inflation in the War years due
to many persons coming into surance temporarily for
various reasons, the numbers appear to be falling.
(2) That the exits during each of the last three years are
somewhat under half the total number inh the class at the
end of the year.
(8) That a large proportion of the total exits represent
transfers to Approved Societies.
399. These tables appear to show that the Deposit Contributors
Class 1s, in large part, in a fluid state and that the permanent
'esidue is not considerable. We understand that from the
'esults of an inquiry on a restricted scale which was made in
log, supplemented by the experience of the last 13 years oi
@dministration, deposit contributors may be fairly accurately
classified as follows :—
(1) persons suitable for Society membership who have not
yet chosen a Society, but will eventually do so;
(2) persons who through ignorance or indifference, or
personal objections, neglect or refuse to apply for Society
membership;
(3) persons temporarily, or intermittently employed, or
not expecting to remain permanently in this country ;
(4) persons expelled from Societies and unable to obtain
admission to another Society ;
(5) persons in ill-health who are unable to obtain
admission to a Society.
