MAJORITY REPORT.

important elements of self-government as existing under the
present system. We cannot think, after examining this proposal,
 that it affords any promise of curtailment of work, since
while some accounting and actuarial operations would cease
to be necessary, others would take their place. Nor do we think
that the proposal is to be recommended on its merits otherwise.
By the substitution of the year for the quinquennium as the unit
of time in regard to which the benefits are actuarially regulated,
it would conduce to a frequency of change in the benefit arrangements
 from which under the present system they are free, while
it would create problems of particular difficulty, and as the
scheme was expounded to us would certainly result in the relaxation
 of control, in regard to those Societies that are expending
in benefits much more than the general average. We therefore
consider that there is nothing in the scheme or in the reasons
put forward in its support to warrant us in recommending its
consideration.

54702

D 4