One of the countries plagued with overpopulation is Holland. The Dutch population is rising very fast and the influx of Dutch families displaced from the Dutch East Indies. now Indonesia. has added a heavy burden to the economy of this small but brave. hardworking. and courageous nation. Dutch immigrants represent one of the best resettlement material as we so wefl know in this country and particularly in my own State of Pennsylvania. Many nations. and particularly Australia. are seeking additional population from the Netherlands. However. due to the poor housing conditions in Australia the Dutch immigrants experience great hardship. There Is but a relatively small sum of money involved. What is needed is a loan of around $3 million which may possibly go up to $5 million. but it must be a long term loan20 to 30 yearswith interest rate no higher than 4 percent. The Dutch immigrants in Australia will repay the loan out of their own earnings and so far their record in repaying every loan they have received is truly magnificent. The Government of Australia has agreed to match a sum which will be put up by the Government of Holland if that Government could obtain an outside loan. Dutch migration to Australia is declining right now solely for the reason of lack of proper housing and vill continue to do so unless proper housing is provided for the Dutch farmer "down under." I believe that the lending authority provided for the development loan fund in the bill.
Keywords matched
immigrants