^{page 402 note *} The Carlisle Table, I am aware, has been very widely adopted by Companies in their valuations; and I observe that Mr. Thompson, the Actuary of the Standard Life Office, has recently stated that his Company had adhered to this Table for 30 years, and that the leading Offices had, one by one, been led to adopt it. I venture, however, to predict that, one by one, those Offices which have accepted it as the basis of their calculations will reject it (as an unsafe Table) when they find the new business in smaller proportion to the existing business at future valuations.

^{page 404 note *} The Annuities, It should be observed, have been calculated by the Office Tables—that is to say, the Reserve made for those outstanding is the same as that at which the Office would be prepared to grant Annuities of the same amount at the advanced ages of the Annuitants.