4
societies and cooperative credit banks would
be of more use in the circumstances of Kwangtung.
I should be grateful for the comments of W.I.D.
on this matter.
On the whole I am inclined to think
that the legislation which will be of most use
are the regulations made under the Agricultural
LOANS
Bank Ordinances etc. for the detailed regulation
of bands and setting out the information required
from applicants. These would presumably be of
assistance if a scheme were set up with the
assistance of Rockefeller money for the
establishment of a private Agricultural Bank.
I can therefore only suggest that we should reply
to Mr. Caine regretting that we cannot be of
much assistance and observing as above and sending
him the legislation, except the Cyprus Ordinance,
mentioned in Mr. Thompson's minute, with the
Regulations made under those Ordinances and the
objections and reasons. I think we might also
suggest that the Bishop should, if possible,
endeavour to obtain information from either the
French authorities, or through the British Consul,
in Indo-China where I understand there is a very
similar problem of peasant indebtedness.
? So proceed.
P. Roge D
23.18.38.
The essence of the Zanzibar scheme
is the compulsory nature of the settlement, and I
agree with Mr.Rogers that the legislation
concerned is not likely to help Mr.Caine very much.
He