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Principles of Political Economy, Vol. 2

Note 237c-4 — Chapter III

John J. (John Joseph) Lalor translation

Question of introducing state insurance into Hungary. As a cultured land, and one rich in capital, is better adapted to insurance, it would be folly to "emancipate" ones self from Trieste, etc. in this respect. But, on the other hand, only state-insurance can attract the Hungarians and make them feel universally the want of insurance. A reconciliation of these opposing views might be effected by compelling the peasantry to insure their farm houses, and allowing complete liberty in the cities and with reference to movable property.

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