Show BRITISH No Thanks Miffed because the world bank wanted to know too much about Its operations Great Britain's colonial colon ial lal development corporation with with- withdrew I drew Its application to the tho International Inter national bank for a loan of live five million dollars dollar T The Tho h e dollar dolar government government govern govern- ment corporation set up in 1948 to foster colonial development said it tt wanted the loan to buy indispensable indispensable sable American built American land clear lag ing machinery THE filE CORPORATION would have been submit Its Us I required to detailed de de- tailed budget to the bank for some lame years ahead and would have had bad to make quarterly statements statements statements' j I showing total assets liabilities and expenditures of ot each of ot its It multiple multiple mul mul- i I tiple operations Chairman Lord told newsmen the corporation would buy the second best machinery constructed in Britain and Ital Italy He Ile declared the banks bank's terms term were we too oo onerous The corporations corporation's projects now underway Included Agricultural developments in tn Borneo Bor for neo nee British Honduras the Leeward Lee Lee- ward islands and Africa and end mineral projects In British Ow Guiana an and factory construction In northern Rhodesia Ken Kenya and Jamaica to |