i’ 
     
     M l‘l-r‘ 
     
    
   
   
    
     the Guardian -The Evening Patriot 
     
    
   
   
    
     Atlantic fishermen 
     
    
   
   
    
     WNTINUED FEDM PAGE ll-A 
     
    
   
   
    
     Dual governmem. mencies at 
     
     preferred rates It interest. ’l‘o 
     
     . considerable extent, the ex- 
     
     tension of sud: credit. partl- 
     
     .ularly larger loans for vessel 
     
     construction. has been directed 
     
     awards the development of 
     
     particular types of ' 
     
     caft for use in speciiic areas. 
     
    

    
     Under the Federal Fisheries 
     
     Improvement Loans Act. loans 
     
     q) to $4.000 made ov chartered 
     
     banks. credit unions or Caisses 
     
     Populaires may be subject to a 
     
     partial guarantee a up in 15 
     
     per cent from the federil gov- 
     
     ernment if a under :ertain 
     
     conditions. Interest is at five 
     
     per cent. For a Hummer ’I. roa- 
     
     wiis. loans under r:th .est have 
     
     been limited in number ul- 
     
     chough a sulisiazitiil number of 
     
     loans have been "title it] Print-e 
     
     Edward Island and British Col- 
     
     umhia. Under spevial wrmnn 
     
     stances. financial assurance is 
     
     granted to Eskimo and indwn 
     
     fishermen by the department of 
     
     northern affairs and the depart- 
     
     ment of Citizenship and im- 
     
     migration. 
     
    
   
   
    
     FEDERAL BANK 
     
    

    
     Fishing companies have. in a 
     
     law instances. secured loans 
     
     under the Federal Indiistiial 
     
     Devolpment for major 
     
     plant or vessel expanseon 
     
     Mention as heat mad of 
     
     credit unions and Caisse? Popu- 
     
     Iaires. In certain areas. these 
     
     credit age ' are prnvrciing 
     
     a very substantial souri'o (.f 
     
     credit within (the noting indus- 
     
     ml 
     
     Only 
     
    
   
   
    
     in rare instant-es has 
     
    
   
   
    
     The use of mid-es, graan 
     
     and so forth plays .in important 
     
     part in the fisheries develop- 
     
     ment of many countries lr. 
     
     ‘ . such devwes hav: nit 
     
     been Widely used Anti-Dunn the 
     
     wartime subsidizth )I \es'srl 
     
     construction has antiviuell in 
     
     effort in a lllltllv'I “v ill ll‘t 
     
     Atlantic pruvuutn under lr-i: 
     
     Fishing Vessel \wd IIT"L' it».- 1 
     
     L'AH’IIL\ 'if the Ilt'p.t7lflll‘ii - 
     
     Fisheries This i“in uu- - 
     
     flll"rl in fisliin; vr'xv-‘:\ 
     
    
   
   
    
     if 
     
     .n r vill- 
     
     il'llll 
     
    
   
   
    
       
     
    
   
   
    
     6' in length up to on Irma 
     
     tons built in the Atlantic prov- 
     
     Knees, 
     
    

    
     SHIP BUILDING 
     
    
   
   
    
       
     
    
   
   
    
     ante provided since Itfil by In: 
     
     federal department of transport 
     
     for larger vessels ‘50 per cent 
     
     of the approved cost of steel 
     
     trawler-s over 75' in length to be 
     
     (perated from Atlantic ports 
     
     and 25 per cent of the approved 
     
     cost of fishing vessels over 100 
     
     gross ns‘ is essentially :zs- 
     
     sistance to the ship building in- 
     
     dustry. In so far as fishing ves- 
     
     vels are concerned. this form of 
     
     assistance redures costs to ap- 
     
     proximately the level of ini- 
     
     ported vesses of the same 
     
     type and class. 
     
    

    
     In the specific field of fislh 
     
     eries development. the Industrial 
     
     Development Service of the Fed- 
     
     eral Department has been. since 
     
     1955. carrying out a program 
     
     dfiigned, 
     
    

    
     llr to further the application 
     
    
   
   
    
     of ne _ 
     
     fish cattliina. processing and 
     
     marketing; and 
     
     I2) to encourage exploration 
     
     and experimental 5 ing with 
     
     new or improved techniques. 
     
     In carrying out this program, 
     
     Oh rvice has assisted finan- 
     
     cially through cost sharing ar- 
     
     rangements with provincial gov- 
     
     fisliernien tidi 
     
    
   
   
    
     bracing fish catching. processing 
     
     and marketing. in other in- 
     
     stances, the entire cost of - 
     
     perimental or demonstration 
     
     projects has been borne by the 
     
     federal department of fisheries. 
     
     The fisheries research board of 
     
     Canada has a so been engaged 
     
     in this work. particularly in the 
     
     field of exploratory fishing for 
     
     net" SlK‘f'lr‘\ 
     
    
   
   
    
     SPECIAL ASSISTANCE 
     
    

    
     More spec-tamed forms of as- 
     
     sistant-e to fishermen and the 
     
     fishing industry woud include: 
     
    

    
     ‘lv the federal salt assistance 
     
     program under WIIICII producers 
     
     of salted fish products in the 
     
     ' prUVlnL‘Q‘a have 
     
     , sltIt'c 195:3. a rebate 
     
     of 54) per cent of the cost )I salt 
     
     CON'I‘IVL’I‘II) ON PAGE '_2- 
     
    
   
   
    
     LF GARDEN 
     
    
   
   
    
     ao-Wavgm.mmr4<~rngg. mfg»,   was,» 2  V 
     
    
   
   
    
       
     
    
   
   
    
     ‘ 
     
     4 
     
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     / 
     
     / 
     
    
   
   
    
     An artists conception of our new plant in Marge-town, due to come into operation Ill Mu) 195.3, 
     
     Canada’s first fully integrated Fish and Vegetable processing op- 
     
     eration looks forward To a healthy growth in This expanding area 
     
    
   
   
    
     P.O. BOX 250, GEORGETOWN 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
        
     
         
     
    
   
   
    
       
     
    
   
   
    
      ‘- r,;,‘ . ‘r‘ 
     
     , tits:- ,.. 1;, “A. y 
     
    
   
   
    
     .x 
     
    
   
   
    
     '15-“ 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     GREEN WATERS. A DRAGGER BUILT BY BATHIYRS’I‘ MARINE 
     
    
   
   
    
       
     
    
   
   
    
     "Welcome Delegates Fisheries Council of Canada" 
     
    
   
   
    
     LECKIE’S, YOUR MARITIME 
     
     FISHING SUPPLY HOUSE 
     
    
   
   
    
     John [.0ch Limited offers a splendid 
     
    
   
   
    
     Assortment of nets. 
     
     lines and twines. most of which bear the Knox Label 0‘ 
     
     Quality. Also in stock are draggrr and marine hardware, 
     
     trawl warps and natural and synthetic ropes. 
     
    
   
   
    
     Ready to serve the ever-expanding fishing industry 
     
    
   
   
    
     JOHN LECKIE LTD. 
     
    
   
   
    
     613 Barringron Street. Halifax 
     
     Phone 423-6341 
     
    
   
   
    
       
     
    
   
   
    
     FOODS LIMITED 
     
    
   
   
    
     "  rfiWw-‘se _ :1; , ,- 
     
     _.,..;—-» 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     Telegrams "Gulf Garden" 
     
     Telephone Cardigan SI