THOUGHTS FOR THE TIMES.
Qrr.iiY By Si it .Jopkiui Ward. Was there any --frenzied finance' about the Cheviot Estate? That was a great estate, <overiiig a whole county. Tile owners refused to accept the valuation of £250.1«0 to pay their tax. We had the right to take the estate. I was in the Cabinet at the time, and I wrote on the corner of the document announcing the refusal, a lew voids advising Cabinet to buy the estate. There wire thirteen Ministers against it hut we curried it in Cabinet, and wc were called for it ‘the seven devils ot Socialism.’ To-day the cry is ‘irenzu-d finance.’ We mailed tlm estate, and in all we spent upon it about 8100.b.10. To-day that land may be worth a couple of millions, and what has been the result in other directionsl- When wo took over that estate there was only duo family oil the whole of it. <M there are thousands living on that land. Main- have made eempetemies there, and some have made fortunes. Now. was that frenzied finance
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Hokitika Guardian, 26 March 1923, Page 2
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178THOUGHTS FOR THE TIMES. Hokitika Guardian, 26 March 1923, Page 2
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