STATE LAND PURCHASES.

Dominion, Volume 3, Issue 892, 11 August 1910, Page 5

STATE LAND PURCHASES.

•■..:' EFFECT-OP HIGH VALUES. _ : '-Itis.uEoffiomli'y.stated.that the'annual' report of the. Laud -Purchase Inspector '•'.■'■; (Mr..J; L>. Eitchie). states that there ap-: Eearsto.be an unlimited demand for land, uf the:board->isrfaced with, the difficult; ' ■• ■,-' task' ;of;.finding...«nitable.<;areas at:,anything like a price that if ill allow of ! ihei? '■'"■ 'being •disposed', of in reasonably: sized farms,-.'at''a rental. that will enable the'. .; ■. ■ lessee -to: make a fair' living. ■• At no time '.' in the: history .'of; the' Dominion have'the returns from the flocks and herds been ; as. : high as "during the past year: If' the :'■,'. continuance of the present returns could , ■ 'be. depended'upon, tbe purchase of ;es-' '■•'.'. fetes nonld be an '.easy matter; but it I " ■■■: iinust'. not be- forgotten that, tbcre have ■ - . ': been times of depression.when pur staple products did'not' return rivuch more than '■".-'•;'= naif, of' what . they are. now..doing, • and : : ' , thereis no'saying when the same .may • •'; occur again. ,'lt. therefore.: behoves -the -board.to exercise great caution'in• makiine any recommendation to purchase. The ;'-; value- put: upon- the' bulb; of the land '■ r offered. is such as to place"it practically • ' '. beyond ; the' reach of the -board •." "Not • '■.',' withstanding; the high.: prices," adds Mr.' " '■■ Eitchie;:-"everything possible is being done •' to seenre.suitable properties." !'■:.