, 1915-10-02

P'OVIHlOLs OF 5 / WAL nave Tie same cOuSe-
qnences,
The Government Is further authorized TO
dispose, during the period from lat N0vem-
b.r 1916 10 the 3lst March 1916, of mn
amount not exceeding $4,000 Francs Of the
means belonging to the Immigration Fund
tor the sam Pun pose against the same secur-
lty AMI on The same conditions rs stated
above, IN such p way, however, that the
maximum Of the advances is fixed in each
individual case proportionttely to the area
III plants and cannot exceed half be estimat-
ed value of the crop that said area may
ltaSonabIy be expected to yield, and under
no circumstances exceed one hundred and
twenty-five Francs pr. acre, No advances
can DO given unless HE canes have attained
such q growth that a crop in 1916 mny be
reckoned upon with certainty. No advances
can be given to any party having less thun
five acres III plants.
Advances under IS l and 6 cannot be
granted to parties WHO have not repaid ia
full advances previously received from the
immigration Fund.
The Chairman (StdheDtan2) remarked That
tins was an old proposal gone through for
many years with the snme CONDITIONS bnt
1890 49, OhN''h'eutO NJOAl me IIlSUitSPtleIG
OF the means of the Immigration Fund hat
been adopted, there was no necessity any
longer to lay this matter before the G ,uncjl
as III Ordinance. He did not suppose lh-re
WAS Nnything to be snid.
1st Member for Freaerik4fed Town (CUuI-
tef) h"d been asked by persons concerned
to bring forth certain circumstances con-
nected with the granting Of loau~ by the
time the loan takers get their papers, it is
sald thu certain fees run on, 80 that the
interest III reality comes up to more than
so.
His EXcelIency the acfg. Vice-Governor
(BGunlGnn) answered, TINT the interest, as
stated, is 4 % +. a., besides has to he paid
the so.c"llett Bureau fee / N, according to
Ordinance OF 2l Juup 1919 uul further the
stamp fees. Ii the nmount granted has not
been paid in full Within ~ certain tima thon
the interest from that time viii be 6 u pa.
1st Member for Frederikated Town (lou{-
ter) thanked for the information and fuIth4r
asked if the Bureau fee could not be d me
away with IN also the stamp duty.
Tn Chairman (Stnhem ulu) rempke |.
that 1t WAS n wrong lmpres4loA the plrtte4
in question Ind. It would be intera4tin
to know who they we're, ns it is un nccu ~
ton thrown on G~overnmant. The han.
Member could bring in AN Orlinance ten Ing
to make away with the l % and the stump
duty.
lat Member for Frederiksted Town (Coad-
ter) understood then, that it had to b8 pauI,
bu' beyon | these two fees nothing m IRE.
Sd Member for Christiansted (NIelseaI
would ask, If Bureau lolus could MOI be gIven
to people having less than 5 acres of land.
1t 2 acres could not be the limit and Why
should the interest be raised with 2 u #
the loan was not paid by the Is June, tutr4
were restrictions enough in thus, that those
who did not pay their loan full OUT, could
not obtain any loan in future.
phe Chairman (StGhemann) believed that
he was one OF the few present here, wil,n
the Bureau loans first were proposed ana the
question was up at that time, why smaller
proprletorg could not get any loan. 1t was
said, that the Factory was always Wiling to
lend the smaller proprietors in advance thus
was the reason Why the limit was fixed ut
10 acres. As farms he knew, the l u goes
to pay those who inspect the properties of
the loan takers.
His Excelleucy the actg. Vioe-Governor
(BGmn1o1Ot) remar ked, that q part of it was
used for this purpose, the balance goes to
the Treasury.
The Chairman (Stnhen.a1aa) asked, if any
OF the hoo. Members wan cd to propose