The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 November 1952Vol. XXIII, No. 4

Cheap Money For

p. 81 · Read in the full issue

Settlers In Fiji

)THER Pacific Territories, where the emphasis is on new develop lent, will be interested in the Fiji igricultural and Industrial Loans oard, which has just begun to mction.

The Government has provided the oard with £150,000 (“for a start”), id the object is to finance any poor at deserving man, European and idian especially, at a very low rate I interest, in establishing himself as producer.

As Government straightens up the nd situation—on the basis that the itive owners must lease, for food oducing purposes, lands which they ) not personally require—land will ;come available for new settlement, overnment likes the idea of settling rge numbers of small farmers, ich people, usually without re urces, frequently become victims of mey-lending sharks—and they have me rapacious types in Fiji. The ivernment proposes to charge very w interest, while taking risks that ither banks, commercial houses r sharks will take.

The job requires men with a owledge of the country and its sources, and of the character and mutation of the applicants for aid. seems to have got such men in the w Board—H. W. Davidson, asurer, chairman, and Messrs. F.

Dunstan, C. Israel, S. Balgovind, i S. A. Tetzner. They work with t fees. The Board’s office is in the ntral Buildings, Suva, and the xetary is Mr. W. F. Stevenson, -heap money made available with e has worked miracles in new mtries in the past. It should have perceptible effect in Fiji, as soon sufficient lands become available.