Bush Land.

Manawatu Standard, Volume 4, Issue 138, 18 May 1883, Page 2

Bush Land.

At Mr Courtney's meeting; at Notmanbr on (Saturday evening, Mr ; Job Gtane pnt some questions with reference to the prices paid for the native leases, as he subsequently explained to guage the extent of Mr Courtney's knowledge As to the 16s paid for the sections near Okaiawa, no doubt it was a high price, Mr Courtney said, that he should not like, tq give it ; but who would say it was too much?- When' the people from Auckland and elsewhere £5 or £6 for land on the Plains, Taranaki people said, the buyers were mad, but would now be quite willing to change . places with the buyers at a large .advance. So when Mr W. Bayly bought land at Rahotu for £2 or: £3, people say he was a fool, until he sold it at £4 and £b. For the firss few years, the; 1 6s per acre jwould be^a drag, what would it be worth for the rest of the term? As to 3s for bush land, he would sooner pay that, than give 16s per acre for the Okaiawa ■'■ land J H© believed the bush land was worth the rent given m most c»ses. Mr Home, of Kaupokonui, seemed to agree with Mr Courtney, especially as to the' bush lands, though he did not consider the Gkaiawa sections at 16) out of the way, for they were undoubtly the pick of the Plains! Still, the bush* lands it 33, was a better bargain. Speaking; from experience, he expressed the belief that buah land, judiciously worked, " cleared its heels' 7 m ten years, and for the rest of the term would yield ; a handsome profit. He had bought bush land on the edge of the Plains a year or two ago at 30s per acre, cash. He had spent 30s m felling it, 103. m fencing, and 10s m grassing ;so that the land bow represented an expenditure of £& an acre. If he wished be could lease it to-morrow at from 8s to 10s per acre.