Social security excludes wage regulating legislation.

When I suggested this definition at Montreal, one of the South American delegates, while welcoming the form of the definition, said that he would prefer to regard it as a definition of " Social Insurance" rather than of " Social Security." The latter term for him included minimum wage and factory legislation, laws authorizing or regulating collective bargaining, and measures to give employment. I answered that I felt the need of a term distinguishing between measures of general application to make society healthy and measures to protect the individual against the risks that would still remain. *4" Social Security " seemed the best term to use for the latter class of measures as a whole, so that " social insurance " could be used as one method only of Social Security, involving compulsion, benefits as of right and contributions by the insured persons themselves. This is in accord with the nomenclature originally adopted by the United States. There the provision of income during unemployment, being financed in niost States by the employers without employee contributions, is described as " unemployment compensation " (on the analogy of workmen's compensation for industrial accident and disease), while the provision for old age and survivors (financed by equal contributions of employees and their employers) is described as " old age and survivors insurance." Both are included in " Social Security." In Britain bodies like Political and Economic Planning, which in giving evidence to my Committee wished to abandon direct contributions by the beneficiaries, also avoided the term " social insurance," as implying such contributions