LIFE ASSURANCE—MODES OF VALUATION
... LIFE ASSURANCE-MODES OF VALUA- TION. To nii EDITOR or Tax MORNING CHRONICLE. SrI.-I have to express my concurrence in the observation of J. A. H. (in his letter to you of the 10th inst.), that we are quite agreed as to the necessity of ensuring the main- tenance of a sufficient reserve, but differ only as to the means of effecting it. J. A. H. now observes that, as respects the bonus, he ...