CO129-572-11 Agricultural indebtedness- request for information on behalf of bishop of Hong Kong 3-3-1938 - 24-4-1939 — Page 4

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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