THIS DAY IN OUR PAST
The following events took place on October 5 in the years identified:
Richardson, Jamaica’s new financial secretary, is praised in the Legislative Council for his brilliant presentation of the Export Industries Incentives Bill. Richardson, who is moving his first motion in Council, gives a clear and detailed outline of the provisions of the bill, for which he earns the congratulations of Douglas Judah. 1967:Finance Minister of
and Planning Edward Seaga announces at a news conference, held at the Ministry, that a development bank is to be established by the Government. It will be capitalized at £5,000,000, with additional lines of credit from overseas sources, and will concentrate on four main areas of development– housing, tourism, agricultural credit and industrial development. Created to fill the need for long-term money for development purposes, the Jamaica Development Bank will replace the Development Finance Corporation. 1970holds : Camperdown
defending Manning Cup champions Excelsior to a goalless draw in the feature match of a double-header at the National Stadium. This draw puts Excelsior up to seven points from four matches, one point ahead of Kingston College, who has played three matches. Excelsior, who never looked like defending champions, is, at times, completely outplayed by Camperdown. Camperdown offer a faster and more constructive game, while Excelsior only manage to take a few shots to goal because they are unable to get themselves settled.
– The Gleaner Archives