DOMINION’S DEVELOPMENT.
BRITISH GOVERNMENT SCHEME. AMOUNT OF LOANS INCREASED. BY CABLE—PRESS ASSOCIATION—COPYRIGHT. LONDON, Feb. 24. The House of Commons agreed to a financial resolution increasing the amount of loans under the Trade Facilities Act for which Government guarantees may be given from sixtyfive millions to' seventy millions. Mr. Hilton Young suggested the appointment of a sub-committee endowed with initiative to work in conjunction with the Colonial Office, and deal with the Dominions' development schemes. In this connection some disappointment prevailed. Mr. Guinness pointed out that the Colonial Office had a representative on the Dominions’ Committee. He thought the disappointing results were due to the fact that.the faciliies were no fully appreciated' in the Dominions, from whom it was hoped applications would come.—Reuter.
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Hawera Star, Volume XLVIII, 26 February 1925, Page 5
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122DOMINION’S DEVELOPMENT. Hawera Star, Volume XLVIII, 26 February 1925, Page 5
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