(2) on 54403/7/48
below
- 2
47
be run by Government it should not make a profit. It remains
ImRred
to be seen, however, to what purposes profits so made should be
applied and, in this connection, I take the view that they should
not be employed merely to reduce taxation. If, on the other hand,
there is likely to be local criticism of a Government Department's
being directly responsible for a profit-making undertaking, this
difficulty might perhaps be obviated by the creation of a small
local Development Corporation. Such a Corporation has been
established in
Kand
and I enclose a copy of
which will give you a general picture of the
amount of organisation involved.
5. The proposals for the improvement of landing facilities
at the Kennedy Town market, referred to in paragraph 13 of your
despatch, and for reclamation at Aberdeen, referred to in
paragraph 14 of your despatch, have already been approved as
Schemes Nos. D925 and D924 respectively (vide my telegram
No. 385).
6. The recommendation for a pond fisheries survey,
referred to in paragraph 16 of your despatch, is also accepted
in principle. I understand that there may be difficulty in
securing the required expert, and I suggest that, when the terms
on which one can be secured are known, a formal application for a
Colonial Development and Welfare grant should be made to me. In
the meantime, I agree that expenditure may be incurred if necessary
in anticipation of the application.
7. I enclose a memorandum commenting on the remainder of
Lumier the proposals, I shall be prepared to give further consideration
to these sekmes on the receipt of your views on these comments.
In conclusion, I would take this opportunity to refer ed
8.
to the reclamation schemes which form the subject of telegraphic
concluding toate
correspondence,onending with my telegram No. 624 of the 4th
June, in which I informed you that finance for these projects
under the
could not be provided from the Colonial Development and Welfare
Vote.
The opportunity has been taken of a preliminary discussion
of these proposals with the Financial Secretary. I am looking
/ further
:
No comments yet.
Private notes are available after approval.