§ 36. Mr. Errollasked the Secretary of State for the Colonies whether he can make a statement as to the steps he proposes to take to encourage dollar investment in British African Colonies 90W under the American President's fourth point scheme.
§ Mr. Rees-WilliamsThe "fourth point" of President Truman's inaugural address to Congress included a reference to the part which American private investment could play in the development of under developed countries. My right hon. Friend hopes to make a statement in a few days describing the conditions under which external investment is encouraged in British dependent territories.