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THE

SCOTTISH PROVIDENT INSTITUTION.

HEAD OFFICE: 6 ST. ANDREW SQUARE, EDINBURGH.

LONDON OFFICE: 17 KING WILLIAM STREET, E.C.

TH
THIS SOCIETY was instituted at Edinburgh in 1837 with the object of giving to the
Assured the full benefit of the Low Premiums hitherto confined to a few of the
proprietary Offices, while retaining the Whole Profits for the Policyholders.

Experience has proved that with economy and careful management these Premiums will not only secure greatly Larger Assurances from the first; but, by Reserving the Surplus for those who live long enough to secure the Common Fund from loss, will in most cases provide Eventual Benefits as large as under the usual system of High Premiums. SEPTENNIAL PROGRESS OF THE INSTITUTION.

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The AMOUNT OF ASSURANCES effect d, and the FUNDS accumulated, in 50 years, have exceeded those of any other Office at a similar period.

The Accumulated Fund now exceeds £6,300,000.

+ The INCREASE OF FUNDS in the last Seven Years (over 2 millions) is greater than in any other Office in the Kingdom-due in great measure to the exceptionally low cost of management, the ratio of which to PREMIUMS is little over 9 per cent, or 6 per cent. to INCOME. EXAMPLES OF PREMIUM FOR £100 AT DEATH WITH PROFITS.

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[The usual non-participating rates differ very little from these Premiums.] A person of 30 may secure £1,000 at Death (with profits) by a yearly payment, during life, of £20 15s., which would generally elsewhere secure (with profits) £800 only, instead of £1,000. OR, he may secure the same sum by 21 payments of £27. 13s. 4d. bring thus Tree of payment after age 50.

+ At age 40 the Premium ceasing at 60 is, for £1,000 (with Profits), £33, 14, 2d., being about the same as most Offices require during the whole term of life. Before these Premiums have ceased, the Policy will have shared in at least one division of pronts.

The SOCIETY has taken a leading part in the Removal of
Restrictions and Grounds of Challenge.

FOREIGN RESIDENCE.-All Policies (not Seafaring or Military, for which special arrangements may be made) are WORLD-WIDE after five years-provided the Assured has attained age 30.

SURRENDER VALUES compare favourably with those of other first-class Offices. An explanatory NOTE' on the subject may be had on application.

REPORTS, with BALANCE SHEET, TABLES of RATES, &c., may also be had.

JAMES WATSON, Manager
J. MUIR LEITCH, London Scretary.

THE

STATESMAN'S YEAR-BOOK

STATISTICAL AND HISTORICAL ANNUAL OF THE

STATES OF THE CIVILISED WORLD

FOR THE YEAR

1889

EDITED BY

J. SCOTT KELTIE

LIBRARIAN TO THE ROYAL GEOGRAPHICAL SOCIETY

TWENTY-SIXTH ANNUAL PUBLICATION

REVISED AFTER OFFICIAL RETURNS

London

MACMILLAN AND CO.

AND NEW YORK

Man sagt oft: Zahlen regieren die Welt. Das aber ist gewiss, Zahlen zeigen wie sie regiert wird.

PRINTED BY

SPOTTIS WOODE AND CO., NEW-STREET SQUARE

LONDON

GOETHE.

PREFACE.

ONCE AGAIN I have to return my warmest thanks to all thosethis year more numerous than ever-who have so generously assisted me in the preparation of the new edition of the YEARВоок. Almost every page has been more or less renewed; and those accustomed to consult the book will notice special improvements in certain important countries-among others, AustriaHungary, Germany, Russia, Egypt, and India.

I must acknowledge the kindness of Sir Rawson W. Rawson, C.B., K.C.M.G., and the Council of the Imperial Federation League, in permitting me to make use of the Preliminary Tables, Nos. II. to IX.

I have also to thank many correspondents for valuable suggestions, which are always welcome.

"STATESMAN'S YEAR-BOOK' OFFICE,

29 & 30 BEDFORD STREET, STRAND, LONDON, W.C.

February 2, 1889.

J. S. K.

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