COLONIES’ AID TO EUROPE
“PLAYING BIG PART”
REPORT BY COMMITTEE OF O.E.E.C.
(Rec. 8.30 p.m.) PARIS, August 21. The overseas territories of the Marshall aid nations are playing a big part in the rebuilding of Europe’s economy, according to an interim report issued by the Overseas Territories Committee of the Organisation for European Economic Co-operation. The report lists vegetable oils and oil-seeds, raw (cane) sugar, cocoa beans, cereals, tobacco, cotton, rubber, timber, coal, and iron ore as among the most important commodities helping to build Europe’s economy. ca ßs improved agricultural methods, encouragement for systems of group cultivation, and the formation of co-operative societies. The report says that widespread development is especially necessary in Java. Indo-China, Hong Kong, North Africa, and Jamaica to give their rapidly growing populations a risinstandard of living.
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Press, Volume LXXXV, Issue 25889, 23 August 1949, Page 5
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132COLONIES’ AID TO EUROPE Press, Volume LXXXV, Issue 25889, 23 August 1949, Page 5
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