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17. The functions of the State in connection with Indian 
credit societies. 
18. British Colonies and Dependencies broadly divisible into 
countries in which people of European descent can do field 
work efficiently, and countries in which farm labour must be 
done by indigenous or imported coloured people. Tropical 
countries and a considerable area north and south of the tropics 
fall into the latter category. The difference is reflected in the 
form of administration. In the one class we have the self- 
governing Colonies, in the other the Crown Colonies, and our 
great Indian dependency, where ‘‘ popular’? government is 
impossible. 
19. So far as agricultural credit banks are concerned atten- 
tion may at present be confined to the coloured population 
indigenous or imported. 
20. While co-operative credit in Europe is not confined to 
small farmers, it is not likely to be adopted under present 
circumstances to any large extent by farmers of European 
descent in our Colonies or European landowners in the West 
Indies. Apart from the ordinary credit to be got from joint- 
stock banks, they will rely on agricultural State loans granted 
at moderate rates of interest and secured by mortgage of real 
property. Such loans should bear such a rate of interest as 
to make it perfectly certain that they are not being made at the 
expense of one class in the community for the benefit of 
another class. Dangers surrounding the system in democratic- 
ally governed countries. Agricultural loans in the West 
Indies, Australia, New Zealand, Rhodesia, South Africa. 
21. The indigenous coloured populations and the imported 
labourers—Ceylon, West Indies, Fiji, Africa. 
22. Rural credit societies in Ceylon. 
23. Land settlement in West Indies. Land-holding by East 
Indians in Africa and Fiji. 
24. Land settlement should be supplemented by the organi- 
zation of agricultural credit societies. Discussion of the 
question in the West Indies. 
25. Case of St. Vincent. Action taken and result. 
26. Case of British Guiana. Action taken. 
27. Scope for further action. 
28. Organization of societies should conform mainly to the 
Raiffeisen type. The people have to be trained to— 
(a) Exclude unworthy members. 
(b) Save and deposit savings. 
(c) Make only safe loans. 
(d) Spend loans honestly on objects stated. 
(e) Pay punctually. 
(f) Postpone individual profit to the necessity of building up 
a reserve. 
