Aiding
the Farmer
The
encouraging progress achieved in other fields has led Us, at this time to
initiate a bold and broad program of land development. In Our message of 18th
September, We proclaimed Our program of land and credit assistance, declaring:
"For those of you who possess the land and labor, but lack capital, We
have made credit available at low interest. For those of you who have the
necessary capital but do not possess land to work on, We have, in accordance
with Our Proclamation which entitled every Ethiopian to ownership of land,
established offices in every province through which you may be able to acquire
land. Those who have neither land nor money will be granted land and a
financial loan at low interest. For those of you who possess land, who have
financial resources and manpower, We have made experts available to furnish you
with the necessary guidance and advice in your various undertakings."
Long before initiating this new program, We had authorized Our Central Treasury
to advance, through the years, loans without interest amounting to E$ 7,500,000
with the view of raising the standard of living of Our beloved people. Realizing
that those who could avail themselves of this fund were few, We have now made
it possible for all to acquire not only money but also land to develop. Even at
this moment, throughout
In this momentous undertaking, We will be assisted; it is to be hoped, by an
increase in the capital structure of the Development Bank of
- His Imperial Majesty Haile Selassie I