LAND SETTLEMENT.

Dominion, Volume 2, Issue 555, 9 July 1909, Page 8

LAND SETTLEMENT.

■JIE.BUDDO'S FIGURES ANALYSED.; , . :■•■ W Telegrap'h.-Special' •;; : ! ','. ■ ■ ;:.■■..;■:'■ Auckland, 'July 8.- ] . ~.A recent telegram stated that'.tho Hon. D. > Buddo had announced that over 195,000 acres ( .will bo opened for selection durjng July. The ' "Herald's" 1 agriculture editor-analyses these ' figures,and says:—lt appears'that out of this imposing total over 160,000 acres, consist; of large slieep runs in Otago'and; Auckland provinces.. Of tho three runs in ;iho, 'Auckland i district the smallest is ,20,000 acres and the , largest 56,656 acres, and the annual rental' j froni' those great blocks of land: is 'from' £20 \ to £56 por run, tho t-erm.of'lease' being for c -21 years. The largest Otago ■ run is 49,800 acres in extent, and-the upsctanniial rent is £10. Tlius out of July's area of 195,000 acres offored for settlement 146,150'acres'will pos<" siljly-settle'four families and yiold. tho State about £100..■per;year. The large Otago run v is'at'tho head of Lake Hawea,' and consists J largely of mountainous country., The AUck- •■ lie to the east of Lake Taupo, and B consist mostly of rplliiiß piimico/-country. Tliree- runs,' covering 96,050 acres, , are' to bo ' let for.'2l years at a r'oiital.of froin.£2oto '.' £56-per rim. In its present condition this Tauph' land will yield very and it is f probable that £56 por yeiir • for, 56,656 acres V is by.no me,nns low; lnit.this''Tali|>o land is capable of great,unproveinent under system- a afcio\farming;'-aud'ii is highly'probable .that ? the' 96,556 acres offered in..three'.Ttths would mako, at .least. 20 good-sisied sheep; farms. -It V is\ instructive .to analyse ;thd. tenures under which those 195,923 acres aro offered -.t6 tho '■; public. Out of what may 1)6-called agriciik tural or pastoral lands, 170,000 acres aro of- n fored undor Icasoj wliilo only 7479, acres arc offored with tho right of purchasp. .: ' .'. ;..'