SIX REASONS WHY FARMERS WON'T SELL
-Press Assbciation
By , Telegraph ■
WELLINGTON, July S. Spcaking in tlie House of Representatives, Mr. E.' B. Gordon, 31. P. t'or Rangitikei, said there were six reasons whv farmers wantixxg to sell their land would: not do so at present. (1) Thev imist sell at 1942 values and be paid in infiated curreney. (2) Tliere were no remunerativc in vestments for the money if a sale was made. (31 If investments were made the investor was subject to the penal tas rate .011 the interest. (4") In many 'eases stoc-k was still at a low valuation and the State would get the benefit. (5) The selling f'anner was denied the right to buv another plaee unless he took rough eountrv. (6) If the farmer wanted to sell and come to town he could not get a house. Tlrese difficulties should be adjusted if the Government wanted to obtam more farms for ex-servicemen. Mr. C. F. Skinner: Anyone who sel la
i to an ex-serviceman qan buy another I plaee. Mr. Gordon: Many who did so are stranded and unable to buy another.
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Bibliographic details
Chronicle (Levin), 9 July 1947, Page 7
Word Count
187SIX REASONS WHY FARMERS WON'T SELL Chronicle (Levin), 9 July 1947, Page 7
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