LAND BALLOT.

King Country Chronicle, Volume VII, Issue 607, 1 October 1913, Page 5

LAND BALLOT.

TWELVE SECTIONS TAKEN UP,

A land ballot was conducted at the Auckland Lands O'Sic* for thirtei-n sections of recond-cla-s land, en tha O.H.P. tenure, twelv.i eetions averaging 200 acres each i:s West Taupo, fifteen miles from Knvva railway station. The Commissioner of Crown Lands (Mr H. M. Sk<3"t) conducted tlif ii;illot. which resulted as follows: \\V?t Taupo County, Wbarepapa Snvvcv P'-Mrict.--Block I. Section 7, ::.•" acre- T. A McNaugh, Auckland; ,!H'iicn 11. ~0" acres, Ernest Corkhill, i)h;4;ur.>'. "1 ok IT.: Section 1, 48S ~,>,,.;;, j.ir:: ivllcn Barnes, Alfredton; j.-,'i'tioi-. <'. 'i I"' acres, Mrs M. Kerr, Te Ksiili. V.: Section 12, 143 •;ipr. i:', i ;> l acres, A. E. Gasson. Tail ;:Mu . ; ;:...,•=; ion 14, 288 acres, D. J. Aphl'"- Kikikihi; section 1 R. 44 ceres 1 , •'. Thorna?, Auckland; acciim; IV. SI »;rpp, J. O'Reilly, Anc.k-l-.-.uu: ■•■•■c; ; o;i l. v '. :wcs. '■'. P. j Poiid, \Y:iiau: e<cti<m 'J:I, "!<! acv<•:■',!£.

reading of "' •"'' Btruction »>i' ; , WBt''S'? l3 '> v '' tions to rolimjT^BEjfek vouring In "''''•'"WKallf;'* the loan nuio.u;,i^Bßß^ run out in Nov TSffilk, i, but would ):m>.l I 'Wk[ ;"!'', . The million ?-:■' JHK- ' and land bridges. Durinjr tin- ; ,> B|Kv;. t , Jl h 196 was expended on (.lie of rnilwßVß which \\",\u than tlie previous ye;n\ diture on railway works was ..':. 822 which was thy largest expwidil Jfe* for the pa*t six yearp. Dealing the public debt he said from M>Jh| 3lßt to July Ist (Mackenzie lIV "W| ment), the debt increase J by £2,r> r (HH 690; tor the other nine months year the increase was £2,925, was pleased to Btnte that for thcaH montrn just passed there was an, jß| prnvement in the revenues coniptßH with the expenditure. Compared w!W| the previous peiiod this year's figure*! showjan inoreasw of revenue to the < k -\a tent of £172,551 an J did not inoki.fi cash derived from the sale of l"jH which was all now transferred Jffi the Lend Settlement Fund. ll' Mi added that amount it would matc(WH difference of £25,000. The inert IH of expenditure for the Cwe ending Augupfc 31st, was £M6,n:-Ui. The increase of revenue exceeded ihe increase of expenditure now by £lO,021. Provision has been mad« for all loan moneys coming due this yeßr and New Zealand never stood in a better position financially. He had to provide £150,000 for school buildings next year. There were Mental Hobpiital, Workers' Homes, and poßtal buildings to bo provided for also. Sir Joseph Ward • said Mr Allen'B optimism was gratiyfing compared wih the gloomy views formerly expressed by him when Ije (the speaker) was in office. The Ministro claimed the credit for the improved financial position but nt whose expense had he kept down expenditure to get the improved position? It was at the expenpe of the settlers and workers, because he had «ot lent money to settlors and workers. He Btarved those sections of the community. In proof of which the speaker quoted the money actually loaned by the Ward Government to settlerß and workers during his last year qf office. Failure to~expend the unexhausted authorities was not a legitimate method of improving the financial position. He expressed gratification at the success of the recent loans, hut asked on whose finance these resultn had been achieved. Surely Mr Allen did not claim it was on his own finance. Such n claim was absurd because no change had been made in the finance of the country, or in the incidence of taxation, while the prospectus on connection with the recent loan proved on whose finance the success of that loan rested. He complained of comparisons mode between the cost of raising tho £3,000,000 four per cent, loan with the £5,000,000 3J per cent, loan «s the period of currency was altogether different, and on that everything depended. Much had been made of the loans falling due, but there was not a country in the world but bad renewals falling due. Tn tho case of Australia over £170.000.000 was falling due shortly, but the fBCt was not paraded for party purposes. In conclusion he desired to point out that the Government had not disclosed what amount it proposed to borrow for advances to settlers and workers. ' The Hon. Mr Massey in reply quoted clause 19 of the Guaranteed Advances Bill now before the House to show the Government were Inking full power to n-ret nil reasonable requirements. The figure* quoted by the Finance Minister relating to the increase of revenue over expenditure indicated a buoyant state of the country's finances, and falsified nil that hod been said by the Opposition for the past twelve years to the effect that if the Reform Government euc-c.-"ded to the Treasury benches c.haotie conditions would prevail. He quoted figures showing that each of the' Australian States raised loans on rocont datps »t similnr rates to New Zealand's loans. Tho most satisfactory phase of tho condition was tho fact that bll the time the exports were' going up Dealing with the Consolidated Fund. Mr Massey said he agreed with Mr Allen that immigration charges and the salaries of nublic works officers should he charged against the Consolidated Fund.