STATEMENT OF PUBLIC DEBT OF THE COLONY AT 31ST DECEMBER,1954.


3ew!ription of Loan.


COLONIAL DEVELOPMENT
 FUND.

Loan for reorganization of
 Syrup Industry.
 (Scheme 397).



COLONIAL DEVELOPMENT
AND WELFARE SCHEMES.

Loan for Land Settlement
 Canouan. (Scheme D 277).






Loan for purchase of Camden
 Park Estate.
 (Scheme D. 231).


Loan for purchase of
 Estate, Bequla.
 (Scheme D. 20).


Union


Loan to the St. Vincent
 Banana Growers' Associa-
 tion.


 When incurred and for
 what purpose.






In 1935 120; in 1936 420; in
 1937 450 and in 1938 390,
 for reorganization of the;
 Syrup Industry.





In 1945 for purchase of SnagE
 Estate, Canouan, for Land
 Settlement purposes.





In 1943, for establishment of
 an Agricultural Experiment
 Station, at Camden Park.


In 1943, for establishment
 a Leasehold Settlement
 Bequla.


Provision for repayment
- and Legal Authority.


Brought forward


Loan for twenty years. Re-
 payable by equated annui-
 ties of principal and inter-
 est.





 First instalment of Loan for
 23 years, free of interest forl
 first three years, then re-
 payable with interest at
 3%% by equated annuities
 over a period of 20 years.


Loan for fifteen years. Free
 of interest for 3 years and
 at 31/2% for the remainder
 of the currency. Repayable
 by equated annuities.



Loan for twenty-five years.
 Repayable by equated an-
 nuities with Interest at 3%
 per annum.


In 1954 for the development Repayable in full
 of the Banana Industry. years.


Carried forward


after -five


* 7.X'


Amount of
Original Debt.


 $" 40
389,805.30


 6,624.00








 9,120.00







 11,203.20






 5,760.00



 103,680.00



 526,192.50


Rate of
Interest.


31/2%








31/2%







31/2%






 3%


Accumulated
Funds for
Redemption.


 Amount
Amount repaj outstanding
 at end f year.


 $ 0
53,971.14


 Nil








 Nil







 Nil-






 Nil


 $ 0
30,134.42


5,287.06








2,112.60







 6,944.88






 2,023.16


Remarks


* $. 0
359,670.88


 1,336.94








 7,007.40







 4,258.32






 3,736.84


commenced in








commenced in


Repayment
 1939. 1







Repayment
 1949.






 Repayment
 1947.





 payment
 1944,


'he loan, which is interest
free, is a charge upon the
assets of the Association.


 __ \ .... .. .. . ...


commenced






commenced