The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 September 1949Vol. XX, No. 2

Less Aid for BSI

p. 43 · Read in the full issue

from UK

From Our Own Correspondent

A Honiara, Bsi, Aug. 1.

reassuring sign of the gradual pro gress of BSI towards ultimate eco nomic recovery is indicated by the fact that the annual Grant-in-Aid from Great Britain, drawn from the pockets of British taxpayers to tide the Protec torate over the painful period of re construction, has been reduced by £172,000 for the current year—that is, the grant has been approximately halved This announcement was made here yesterday. It was explained that a slight increase in revenue, and various econo mies made during the past six months, will enable the local Government to meet

the reduction confidently. (Editorial Note; It may be that this is not so much a “reassuring sign” of the progress of rehabilitation in BSI, as a sign of the economic blizzard that has hit the United Kingdom. In recent months, the UK has not spared her colonies but evidently expects them, in future, to share in her austerity.)