THIS DAY IN OUR PAST

The fol­low­ing events took place on Oc­to­ber 5 in the years iden­ti­fied:

Jamaica Gleaner - - THIS WEEK ON SCREEN -

1958:Eger­ton

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

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