§ 37. Major COLFOXasked the Secretary of State for Dominion Affairs whether, in pursuance of Section 5 of the Newfoundland Act, 1933, any financial assistance has been granted to the Government of Newfoundland from the Colonial Development Fund; and, if so, how much and what for?
§ The UNDER-SECRETARY of STATE for DOMINION AFFAIRS (Mr. Malcolm MacDonald)Since the passage of the Newfoundland Act, 1933, approval has been given, on the recommendation of the Colonial Development Advisory Committee, to the grant to the Newfoundland Government of loans from the Colonial Development Fund of a total amount of £364,500. These loans are being devoted to the extension of the harbour at Port aux Basques, fishery development, the extension and re-conditioning of highroads, land settlement and the establish- 1899 ment of beaver farms and game reserves. Approval has also been given in principle to the grant of two further loans, of £40,000 and £34,000 respectively, for the development of the timber resources of Labrador and the extension of the wharfage facilities at St. John's. In addition, free grants amounting to £18,000 have been approved for the undertaking of a geodetic survey of the island and for the engagement of an expert adviser on co-operative institutions.