Jamaica Gleaner

THIS DAY IN OUR PAST

- – GLEANER ARCHIVES

The following events took place on June 28 in the years identified:

Patrick Rousseau, chair1976:man

of the National Bauxite Commission, says in the Supreme Court that on April 29, the Government offered to buy the Revere plant for $15 million. Rousseau is giving evidence under cross-examinatio­n before Chief Justice Kenneth Smith in the action brought by Revere against the Government, seeking to have the bauxite levy declared unconstitu­tional. He further says that all they did at the meeting is to repeat an earlier offer which was made before the litigation. The offer of $15 million to purchase the plant was first made by Matalon in Washington. 1988:mill The cotton polyester

in Old Harbour, St Catherine, is to start production in May 1989, according to Ryan Peralto, minister of state for foreign affairs, trade and industry. Peralto makes this disclosure when he meets at the Norman Manley Internatio­nal Airport, a 17-member Chinese technical team from the Shanghai Technical Industrial Bureau. The mill was built in the mid-1970s as a joint venture between the Government of Jamaica and the People’s Republic of China. 1995:Trust The National Housing

(NHT) alters its mortgage loan interest rates to benefit low-income earners, Prime Minister P.J. Patterson announces in the House of Representa­tives. Those rates now range from two per cent to 14 per cent and fulfil a charge Patterson gave to the NHT during his Budget speech earlier in the year.

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