9th January 1976
P 0 Box 65
THE QRLIADA NLWI.LWhR 4 k [
Por The vieek Ending January 10th --
The last issue of NLWvSLETTER was published on December 4th for the
week ending Saturday December 6th. For purposes of record, and
in order that subscribers may understand developments better as they
unfold in Grenada, this first issue of NLWSLETTER for 1976 will give
brief resumes of the major year-end stories as they now stand.
The one-man Commission of Inquiry into the affairs of the drenada
Copperative Nutmeg Association held its last sitting on Thursday
December 4th. Jn the following day, the Commissioner, Mr Harold
Dennison, accompanied by the Manager of the Association, Mr Robin
Renwick, made an island-wide tour of nutmeg processing stations and
nutmeg estates. Mr Dennison has returned to his native Guyana
and there is no indication yet as to when his Report will be
Mr P J Archibald, Chairman of the elected Nutmeg Bvard dissolved by
Government on July 4th, has appealed against the Judgement of
Mr Justice Archibald Nedd handed down on December let in a Suit
brought by Mr Archibald against Mr Harold Denniason, the one-man
Commissioner then inquiring into the affairs of the Grenada
Cooperative Nutmeg Association.
In his Suit, Mr Archibald accused Mr Dennison of demonstrating bias-,
and he sought an injunction restraining the Commissioner from
proceeding with the Inquiry. Ar Justice Nedd found no evidence to
ground the principles for granting an interlocutory injunction and
Mr Archibald's application was dismissed.
An appeal against this decision was lodged by Mr Archibald on
December llth. According to a notice appearing in the Government
Gazette of December 31st, the Court of Appeal will sit in Grenada on
January 26thr, but sources close to Mr Archibald's legal advisors.
said today (9th) that the appeal was unlikely to be heard at 'tbat
sitting. Two other sittings of the Court of Appeal will take
place in Grenada during 1976. These commence on 24th May and
THE GRENADA NEWSLETTER Week Ending 10.1.76
29th September respectively, and it is understood that Mr Archibeld'e
legal advisors hope that the appeal will be heard at the May sitting.
Dissolved Nutmeg Board Suitt Postponed.
Mr Maurice Bishop, one of the legal Council appearing'in the Suit
lodged by members of the dissolved elected Nutmeg Board, said today
(9th) that he was informed this morning that the hearing of the Suit
had been postponed until Wednesday January 14th.
This Suit, the hearing of which began before Mr Justice Nedd on
Monday December let, challenges the validity of the Order signed by
the Governor General on July 4th to dissolve the elected Board of
the Grenada Cooperative Nutmeg.Association. Hearings continued
on December 2nd when Mr Justice Nedd announced a postponement'until
Monday January 12th.
Mr Maurice Bishop said today that this further postponement to
January 14th created considerable embarrassment as Mr Allaen Alexander,
the Trinidad barrister appearing with MAr Bishop and Mr Lloyd Noel in
the case, cannot come to Grenada for the 14th. Mr Bishop said he
would have to get in touch with Mr Alexander and hold discussions
with the Registrar of the High Court.
Nutmea "Bonus" Paid
Between the period 11th to 18th December, the Grenada Cooperative
Nutmeg Association paid out to producers a record surplus on trading
of EC$2.75 million. This surplus (commonly called the "Nutmeg
Bonus") was as a result of trading during the Nutmeg Year of 1st
July 1974 to 31st June 1975.
The Interim Nutmeg Board, which took office after the elected lutmeg
Board was dissolved on July 4th 1975, has not called the udual
General Meeting of producers to present the Association's accounts,
and some concern has been expressed by producers. According to
the Nutmeg Industry ordinance, however, the Interim Board vas under
no obligation to call a General Meeting before the "bonus" was paid.
The Ordinance demands that a General Meeting be held not more than
nine months after the last General Meeting held in May 1975, that is,
not later than March 1976, and at this meeting the Board "shall
present a full report of the.affairs of the Association" together
THE GRENADA NEWSLETTER Week Ending 10.1. 76
with "a statement setting out, simply and clearly, the financial
position of the Association ......"
Water Workers Dispute Settled
Negotiations between the Technical & Allied Workers Union (TAWU)
and the Central Water Authority (CWA) relative to wages for workers
employed by CWA broke down and workers went on strike on December
10th. The demand of TAWU was for a 33ts wage increase over a
two year period, but CWA was unable to exceed the 12i" over three
years which it was authorized by Cabinet to offer.
A compromise was reached on December 22nd and the workers returned
to work on December 23rd. This compromise provides for a 15?
wage increase in the first year, 126% in the second and 10% in the
third. This Agreement comes into force with effect from March
EC $ To Be Tied To US *
According to the Grenada "Torchlight" newspaper of December 17th,
the Minister of Finance, Mr George Hosten, has stated that the
Eastern Caribbean Currency Commission has been authorized to tie
the Eastern Caribbean dollar to the United Btates dollar. The
Eastern Caribbean dollar is now tied to sterling.
Israeli Ambassador Presents Credentials.
Mr Gideon Saguy, Israeli Ambassador accredited to Grenada, presented
his credentials to the Governor General, Sir Leo deGale, on
Thursday December 4th. Mr Saguy is also accredited to Jamaica
rensda Yreeport Corporation.
In an interview with the Grenada "*orchlight" newspaper, American
born lr John Clancy said on December 6th he then hoped that his
Company, Messrs Grenada Freeport Corporation would be open "in time
for the Christmas rush". According to Mr Clancy, the aim of the
Company, registered on October 15th 1975, is to administer a "shot -
in the arm" to Grenada a economy.
To date (9th) Grenada Freeport Corporation has not yet opened its
doors to the public and usually reliable sources state that the
ship bringing the first supply of goods has not yet arrived.
THE GRENADA NEWSLETTER Week Ending..101*76
Mr Clancy's a'reeport Company was the babit for queabiins asked in
Parliament on December 29th by Senetor D M B Cromwell. Replies
to Mr Cromwell's questions indicate that Government has not declared
a free port area in the State.
The 1976 BudAet
'n 'onday December 29th, the Ainister of Finance, the Honourable
George Hosten, presented in Parliament Grenada's budget for the
The ministerr described the Budget as one designed for reconstruction
of the economy, and it shows a Recurrent Expenditure of ECO26,643,670.00,
Capital Expenditure will be EO$23,718,540.00, making a total
expenditure of EC050,362,210.00. The 1975 Budget,.presented in
April last year was ECj44.5 million.
Increased revenue to meet increased expenditure will be met by
increased taxation, some of.which will affect the Tourist Industry
directly. The tax relative to the Hotels (Food & Drink) Act has
been increased from 5t to 7,1, and there has been an increase of 26
in the tax created by the Hotel (Occupancy) Act.
Commercial Banks which have operated in Urenada for over 20 years will
now have to pay an annual licence of EC$10,000.00 while those
established here iess than 20 years ago will pay EC#20,000.00. An
Insurance Amendment Act provides that Insurance Companies which deal
in long-term insurance must now pay a registration fee of EC$5,000.00.
Insurance Companies issuing short-term policies face a 400C increase
in their registration fee which will now be EC$2,500.00.
Consumption Duties have also been increased, rum, whisky, brandy, gin,
vodka, cider and cigarettes being affected.
Of greatest concern, to the Commercial Community has been the Stamp
Duty (Amendment) Act. Until now, all Customs entries have been
required to carry a 250 stamp. According to the new Act, importers
must now sta.ip their entries to the value of 5/ of the CIP value of
the goods being imported.
THE GRENADA NEWSLETTER Weea :a1g 10.1,76
GASUIJNE PRICE INCREASE
A Government spokesman oonfirned yesterday (8th) that Cabinet has
authorized an increase in the price of gasoline.
Four months ago, the Gasoline Suppliers in Grenada, Shell, Texaco
and Esso, applied for a price increase, but, although discussions
were held, no decisions were reached. A source close to the
Suppliers said that the 1976 Budget proposals increased the price
of gasoline by 5o, and the Suppliers were not prepared to continue
to operate at the old retail price of LC$1.78 per imperial gallon.
On Wednesday of this week (7th), Esso discontinued deliveries to
service stations and it was understood that Shell and Texaco would
also do so. A Cabinet meeting that day, however, considered the
matter and on Thursday 8th it was announced that the new retail
price of gasoline is EC$1.97 per gallon at service stations in and
around St.Georges. In country areas, the price will be two cents
more per gallon to offset transportation costs.
In addition to the application from the Gasoline Suppliers,
Government had beforeit an application from the service station
operators for an increase in price. The increase of 19 cents
now authorised will be divided between the Suppliers And the service,
station operators, the former getting 15 cents and the latter 4.
NEWSLETTER for the week ending December 6th reported details of the
banana shipment made on December 1st. Shipments since than and
to date are as follows :-
Date Boxes Weight (ibs) Value (ECM) Rejects.(Boxsi
December 8th 21,023 614,172 j 53,740.00 48
17th 22,771 672,816 58,871.00 190
22nd 15,434 448,784 39,268.00 64
January 6tt 53,985 1,068,476 85,478.00 168
THE GRENADA NEWSLETTER ,veek Ending 10i1.76
Crajji LI. 1.-iL% L .
Cruise liner calls at Grenada atnoe the last eN. iW TTiL report for
the week ending November 29th, and until the week ending January 3rd,
are as follows :-
Week Ending December 6th
Week Ending December 13th
Cunard A6venturer December
Week Ending December 20th
.Week Ending December 27th
Week Ending January 3rd
According to a report in the Grenada
1st, the paper was informed that, wh'
Grenada on January 28th, Jewish pass
2nd 931 Passengers
2nd 603 do.
3rd 385 0o.
6th 383 do.
9th 620 Passengers
12th 714 do.
15th 190 Passengers
15th 570 do.
28th 177 Passengers
28th 279 do.
28th 719 do.
30th 617 do.
31st 626 do.
1st 1337 do.
1st 571 do.
"Torchlight" newspaper of January
en the "Stella Uceanis" called at
engers refused to disembark. The
paper suggested that this action could have been a mark of protest
against Grenada's recent support in the UN for the Resolution branding
Zionism as a form of racism.
"Torchlight" said that, in spite of denials by the Tourist Board and
Acal agents of the ship, taximen were emphatic that passengers were
refusing to land. I.A12