UNOCCUPIED FARMS IN ENGLAND.
Mr Joseph Cowen, M.P., speaking at Newcastle in February last, adverted to the fact that there were now in Great Britain 400 farms, covering fully 50,000 acres, unoccupied, while an.equal number or' riibfo’ wei-e estimated to be let only for rates,.. repairs, and taxes. In contending for a permanent rent reduction as the only means of coping with foreign competition, Mr Cowen pointed out that agriculture was still the staple trade of the country. There was invested iii it a capital of £700,000,000 —' li ttle short of the amount of our National Debt; while the capital, sunk in mines, was only £56,000,000, and in iron works £29,000,000. There were employed in agriculture 3,100,000 persons, while.’‘there' were occupied in mining of all descriptions—coal as well as meta1.1,200,000, .1,200,000, and in our textile manufac-
tures 2,150,000 persons. He maintained that investments in land should be made, as negotiable as those in the kinds.
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Bibliographic details
Patea Mail, 21 April 1882, Page 3
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155UNOCCUPIED FARMS IN ENGLAND. Patea Mail, 21 April 1882, Page 3
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