The administration of British Honduras has given generous terms for the establishment of the refugee industrial project to be founded by Kalman Weisz with the financing of the Refugee Economic Corporation, the REC announced today.
The terms, contained in a letter of A. Wolffsohn, acting Colonial Secretary in Honduras, to Weisz on Apr. 8, include duty-free importation of machinery, tools and equipment; virtual exemption from land taxation, complete waiver of the $1,300 immigrant entry deposit, assurance that settlers may become naturalized and a stipulation that those who leave the settlement will be deported.
The settlement will be situated on a 1,500-acre tract in the west-central purt of the country, in the Cayo district. Construction of housing will be completed within three months, at which time the colony will be ready to receive a substantial number of the expected 500 settlers.
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