COLONIAL DEVELOPMENT.
ECONOMIC ASSISTANCE. RUGBY, July 31. The capital development of the Colonial Empire with financial assistance from Great Britain continues in spite of the demands of the war. This is shown by the eleventh annual report of the Colonial Development Advisory Committee.
During the period April. 1939, to July, 1940, after which the Colonial Development and Welfare Act came into force, the committee recommended assistance from the Colonial Development Fund amounting io £966,095 toward schemes estimated to cost altogether £2,009.298. This brings the total assistance since 1939 to £8.875,083 toward the total estimated expenditure of £19,284,536, of which £5,671,656 was recommended for free grant and £3,203.427 for loan. Of assistance recommended since April, 1939. 40 per cent, had been for public health, 18 per cent, for electricity, 8 per cent, for water supplies and water power, and 7 per cent. lor land reclamation and drainage.—Official Wireless.
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Manawatu Standard, Volume LXI, Issue 207, 2 August 1941, Page 7
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147COLONIAL DEVELOPMENT. Manawatu Standard, Volume LXI, Issue 207, 2 August 1941, Page 7
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