§ 62. Mr. GILLETTasked the Secretary of State for the Colonies whether in view of the recommendation of the East Africa Commission that a suitable proportion of the loan money should be spent for development purposes in native areas, and seeing the Kenya Legislative Council are proposing to raise a loan, a part of which, amounting to £200,000, is to be used to start a land bank, he will recommend that the bank should be available both for white settlers and native producers?
§ Mr. ORMSBY-GOREThe question of establishing a land and agricultural bank in Kenya and the method of financing the bank if established are still under consideration. In publishing the Land and Agricultural Bank Bill for information and guidance, the Government announced that the question of participation by Africans in the benefits of the proposed law would, if supported by African opinion, form the subject of a separate Bill. I understand that it would be necessary to frame different provisions in view of the communal holdings of the natives.