Belgium, Its Institutions, Industries And Commerce
Belgium, Its Institutions, Industries And Commerce
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They are also committed to decide as to the merits of the demands for the grants of 65 francs made to aged workmen.
Thanks to the grants which have been made to these committees by the Industry and Labour Department, Digitized by LfOOQ IC i8i several of them have been able to undertake the publica- tion of studies on and inquiries into the question of the improvement of workmen's dwellings. With their help, the 1 58 societies which act as intermediaries between the Savings Bank and the workmen,... have been able to advance to 3o,ooo of the latter a total sum of about 60 millions francs in order to make them owners of their own houses.
Moreover, thanks to the intervention of these commit- tees, more than 5o,ooo other workers have been able to obtain important fiscal reductions anticipated by the law of August 9th 1889.
The loans made by these societies to workmen, thanks to the advances made by the Savings Bank, are generally authorized at 4 P er cent. Four fifths of the workmen who borrow have at the same time a life insurance with the Insurance Fund annexed to the Savings Bank, so that, should they happen to die before the whole repayment of the annual sums, their families are freed from obligation by means of the capital sum insured to the deceased.
What to read after Belgium, Its Institutions, Industries And Commerce?
You can find similar books in the "Read Also" column, or choose other free books by Belgium. Ministère De L'industrie Et Du Travail. [from Old Catalog] to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
They are also committed to decide as to the merits of the demands for the grants of 65 francs made to aged workmen.
Thanks to the grants which have been made to these committees by the Industry and Labour Department, Digitized by LfOOQ IC i8i several of them have been able to undertake the publica- tion of studies on and inquiries into the question of the improvement of workmen's dwellings. With their help, the 1 58 societies which act as intermediaries between the Savings Bank and the workmen,... have been able to advance to 3o,ooo of the latter a total sum of about 60 millions francs in order to make them owners of their own houses.
Moreover, thanks to the intervention of these commit- tees, more than 5o,ooo other workers have been able to obtain important fiscal reductions anticipated by the law of August 9th 1889.
The loans made by these societies to workmen, thanks to the advances made by the Savings Bank, are generally authorized at 4 P er cent. Four fifths of the workmen who borrow have at the same time a life insurance with the Insurance Fund annexed to the Savings Bank, so that, should they happen to die before the whole repayment of the annual sums, their families are freed from obligation by means of the capital sum insured to the deceased.
What to read after Belgium, Its Institutions, Industries And Commerce?
You can find similar books in the "Read Also" column, or choose other free books by Belgium. Ministère De L'industrie Et Du Travail. [from Old Catalog] to read onlineMoreLess
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