SETTLERS FOR DOMINIONS.

New Zealand Herald, Volume LX, Issue 18294, 10 January 1923, Page 7

SETTLERS FOR DOMINIONS.

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PRIVATE FINANCING. By Telegraph—Press. Association— Copyright. Times. V LONDON, Jan. 8. The v scheme of Empire settlement to relieve . the present unemployment has been formulated by influential bodies in the West of England for ; submission t0... the Government. The scheme provides for- the formation of country resettlement committees, each co-operating with a selected colony for . the development of specific areas.; The funds will •Be * sub-; scribed by : private investors, ;;. who will receive a: guaranteed rate of 'interest for ay" given number \ of years, , the ' guarantee to be given by '"both British and Colonial Governments. "; : When investigation has : shown the number of persons that can be employed in' any undeveloped; area . chosen the resettlement committee will embark a chosen. body of migrants for that area. ' ■ ~

It is proposed that the Dominions, should submit a number of practical . . schemes, .each needing about 3000 persomi" for two years, and allot schemes for the consideration of the committees to work in with the Dominion concerned.- ■--. It •is pointed out that the advantage; of ; this -migration is the creation of a busi- ' ness concern, that .will be attractive to investors and give the workers an incentive ..to improve their prospects. ';■.''; All. £, classes are to be encouraged .'vin'''..;the V scheme of emigration, riot V only farm ; : labourers and domestic servants; who are .'•:•;' now in such request. ■>;■!;..,.: j