Our London correspondent mentions that some two thousand ex-soldiers who recently werc allotted farms in British East Africa as a reward for their war services have had a terrible blow dealt to their prospects by the stabilisation of the rupee at 2s. This means a loss of one-third of their capital on_ transfer to East Africa, and a rise of 50 per cent, in costs of production. An association has been formed to protect the interests of present and fnture producers in East Africa, and especially to deal with the pressing question of currency.
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Bibliographic details
Press, Volume LVI, Issue 16848, 31 May 1920, Page 8
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94Untitled Press, Volume LVI, Issue 16848, 31 May 1920, Page 8
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