Note 216 — Chapter IX · THE HEIR-PRESUMPTIVE.
Reading edition
As the law stood, Government could only grant life insurances to the amount of £100 to persons who purchased deferred annuities. Mr. Gladstone abolished that restriction. It is curious that, though the Bill met with much opposition in the House of Commons, in the Lords it was welcomed as a boon to the working-classes, who urgently desired the measure to pass.