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WELLINGTON.

(From the Wellington Independent, Sept. 27.) A friend has furnished us with the following particulars respecting the returns which may be expected from one hundred acres of land planted with New Zealand Flax. Flax cultivation is held to be one of the most important aids in regeneratiag Ireland, and it h;is been estimated that each acre of land, laid down with that staple, yields in labor and profit one hundred pounds sterling. We may reasonably anticipate Ike avorable results to New|Zealand; indeed, we look upon the Phormium Tenax as the only real article of export whi< h sooner or later the colonists will be necessiated to depend upon. Of all productions .Flax iB the most valuable, inasmueh as, whilst the work of preparation is going on, machinery will be requiredt calling into existence other resources, which, without such cultivation of an article growing luxuiiartly in every swamp and on every hill, must remain for an indefinite period dormant. We trust our farmers will turn their attention to the matter. Let all who can phnt an acre of land with Phormium Tenax, and we btlieve the experiment will turn out so successful, as to induce them, year by year, to increase the extent of their Flax grounds. The seed may be procured at lrifling cost, and information as to mode of planting may be readily obtained from many of those located in the and Karori districts:-* " Statement of annual produce to be expected rVom 100 acres of marsh or swampy land, planted with New Zerland Flar, commencing to cut the Flax in the third year of cultivate n—--50 tons fine prepared Flax, at £27 per ton £1350 50 tons bale lashing, (made from tefuse of the above,) at j£22 per ton 110 £2450 Expense of scraping, by native labor, .oO tons fine Flax, at £l2 per ton £6OO Expense of working up refuse, and spinning into bale lashing, 50 tons, at 2 per ton 600 Expense of preparing fine flax, so as to be fit for use here, or shipment to the Colonies, or England, 50 tons, at £5 per ton 250 Freight of raw material from the cosst, 100 tons, at £3 per ton 300 Balance to go Against outlay for planting, machinery, and interest of capital £ 700 Estimated expense of clearing old Flax, and transplanting Flax, 100 acres, at £5 per acre £ 500 Cost of machinery for preparing Flax 200 £7 0 From the above it will be seen that the original outlay will be returned at the end of the third year; then d ducting from theietarn of the fourth year, which is as above—--3 years interest on£7o\ such amount having been repaid as above, at 10 percent., £2lO 2 years interest on sum required, say £IOOO, at ten per cent, 200 Allowance for wear and tear of machinery 100 £ 510 Net profit end of 4th year £ 190 After the fourth year the returns may be calculated as follows, viz. : Gross return as before £2450 Expenses £1750 Interest on £IOOO, at 10 per cent. 100 Wear and tear of machinery 100 Nett annual return £ 500

His Excellency the Govemor-in-Chief, lady, and suite, proceeded to Auckland, on Saturday last, in H. M. S. Dido. Governor Grey intends returning to this settlement in the course of two months, and we may then expect to receive some notification of his intentions with regard to the form of Government under which we are to live.— New Zealand Spectator.

The Comet arrived on Tuesday from Sydney, with 12 horses and 40 head of cattle, having made the passage in eleven davs, with little or no loss. Captain Cork sailed again on Thursday, and will return direct with sheep. There wa» no news of a late date in Sydney from England.— Nelson Examiner ', September 23.

We he* from a gfntleman just arrived from Otago, that that infant settlement is showing every sign of life and activity. The settlers who have arrived are greatly pleased with the country, and are looking forward confidently to the future. We can see no impediment to the success of this new colony, for it will escape most of the drawbacks which have clogged the wheels of the older settlements, and we believe a finer country does not exist in New Zealind, Some of the Sydney papers, as well as our Auckland contemporaries, delight in sneering at the Otago settlement, and all manner of absurd things have been said of it. If we mistake not, Sandy wdl very little regard the kind friends who commisserate his misfortune in being placed on so inhospiiable a spot, but will invite them to come and see him half-a-dozen years hence, when they will tell a different tale — lbid*

We believe that the Crown grants for the land in this settlement were brought from Wellington on Thursday, so that the Company and the settlers have had to wait nearly seven vsars for this bare act of justice from the Government,— lbid,

Barley.—We learn that the fine samples of barley taken to Syduey by the Comet on her last voyage gave perfect satisfaction to the house for which they were purchased. Several hundred bushels were shipped last week in the Victory for the same parties, and a quantity will also be forwarded next week by the Despatch. If our agriculturalists will only exercise a little care in harvesting, so as to produce a clean bright sample, such ps we have seen, we believe that a market for it in Sydney will be found to almost any extent, and at a very satisfactory price. All the purchases which have been made this year for Sydney, have been at 4s. a bushel.— lbid.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AMW18481019.2.9

Bibliographic details

Anglo-Maori Warder, Volume 1, Issue 26, 19 October 1848, Page 4

Word Count
947

WELLINGTON. Anglo-Maori Warder, Volume 1, Issue 26, 19 October 1848, Page 4

WELLINGTON. Anglo-Maori Warder, Volume 1, Issue 26, 19 October 1848, Page 4

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