CROWN LAMPS.

Stratford Evening Post, Volume XXXIII, Issue 4, 2 May 1912, Page 5

CROWN LAMPS.

HOW THEY ARE LEASED

In the'House of Representatives on October 13th, 1911, the following resolution was carried on the moton of Sir W. J. Steward:— "That there be laid before this House a return showing;— 1. The total urea of lands leased on the lease-in-perpetuity tenure under the General Land Act. • 2. The total area . leased on the ■same tenure under the Land for Settlements Acts. 3. The total valuation of each such area time of leasing. 4. The total valuation ox the same land at the present date, not including tenants' improvements. 5. The total area of lands leased on renewable lease under the Land for Settlements Acts. 6. The total valuation of all such lands at the time of leasing. 7. The total valuation of the same lands at the present date, not including tenants' improvements. 8. The like particulars with regard to national endowment lands, and 9. The like particulars with regard to hinds'leased under the Cheviot Land Act or any other Act." This information has now been cir-. Ciliated in, a Parliamentary Paper, as= follows: Lsase-in-Perpctuiiy and Renewable L,oas3 Lands Held at 31st March, 1911— 1. Total area of land leased on the lease-in-perpetuity tenure under the Land Act, 1^651,235 acres. 2. Total area of land leased on the lease-in-perpetuity tenure under the Land for Settlements Acts, 664,678 ' acres. 3. Capital value of lands leased on the lease-in-perpetuity tenure at the time of leasing (approximate)—under the Land Act, £1,519,319; under the Land for Settlements Act, £3,873,829. 4. Information not obtainable. 5. Total area of land leased on renewable lease under the Land for Settlements Act, 266,165 acres. 6. Capital value of lands leased oti renewable lease under the Land for. Settlements Act at time of leasing (approximate) ,_ £1,313,542. 7. Information not obtainable. 8. (a) Total area of national endowment lands leased on renewable lease, 292,944 acres; (b) capital value of national endowment lands leased on renewable lease at time of leasing (approximate), £325,102; (c) present-day value not obtainable. 9. (a) Cheviot Estate lands held under lease-in-perpetuity, 26,868 acres; (b) capital value of Cheviot Estate latftis held on lease in perpetuity at time of leasing (approximate). £145,897; (c) present-day value not obtainable. The information respecting presentday values is not obtainable, but: a fair average increase between the original value and the present-day value would be £3 per acre for ordinary Crown dands and the Cheviot Estate-: and £1 per acre for land for settlements, land. The above represents the position as at the 31st March, 1911, being the latest date for which figures have been compiled.