Abstract
CONSIDERABLE interest is now being taken by Great Britain in colonial development. This interest has been further stimulated by the Government‘s decision during the past year to undertake the East African groundnut scheme and to establish a Colonial Development Corporation and an Overseas Food Corporation. The latter, when constituted, will take over the operations of the East African ground-nut scheme and start other food production projects overseas, while the Colonial Development Corporation will deal with developmental projects of a widely varying character throughout the colonial territories—the importance of which has been emphasized in recent months by the difficulties which are being experienced by Britain in the balance of dollar payments.
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