Page 3 Advertisements Column 2

Gisborne Times, Volume XVII, Issue 1388, 24 February 1905, Page 3

FURTHER Cheapest ■■ i . Idiea’ and (Per 1 5 r'ess’-A«B*) elation.) /> INVERCARGILL, laSl6d —— lftou XII j i* 1 ? Land Commission to-j /j . --- uviuuutsuuu TO«ay, G. Brighton, a settler with the optional .right of purchase, said the lact that the lease in perpetuity, selector paid one per cent, less inte- / rest was alluring, but they after- ' wards discovered their, mistake. He would rather pay five per cent, and nave the option to purchase the freehold, J. McLean, a member of the Land Board, advocated surface sowing on runs, with first-class seed supplied by Government free. Laud Boards, lie considered, should have more dis- 0-E crelionary powers. M. O Connor, a lease in perpetuity . com Plainod that he could noSD. get £7O from 'Advance to Settlers Office on improvements value fo't B-,60. Ho favored the option of freehold, and would rather Have the right to purchase at 6 per cent.- than lease in perpetuity at 4 per cent, J. B. Thompson, Stewart Island, spoke against locking up the island for scenic purposes. The dissatisfaction with the lease in perpetuity system he thought was due to the fact that the optional system enabled a person to benefit from unearned increment, aDd sell when he pleased. The desire for freehold was inherent. He ad. mitted that only for the leasehold tenure there - would not be the number on the land there now were. The Commission left for Orepuki and Waiau in the afternoon. IjITY. XHAQHE SALAD CTO