SOLDIER SETTLEMENT
CLEANING-UP PROCESS LOSS OF £5,000,000 Press Association . CHRISTCHURCH, Tuesday. “I want to say, on behalf of the Government that the problem of soldier settlement is nearly cleared up,” said the Minister of Lands, the Hon. A. D. McLeod, when speaking at the opening of a bridge in the settlement in Ashley Valley. “I feel that any problem in soldier settlement, if we are given any reasonable stability in prices, will be a thing of the past. “The Government has written off £5,000,000 under the Soldiers’ Settlement Act—£3,soo,ooo capital and £1,500,000 interest,” continued the Minister. “A sum of £13,000,000 out of accumulated surpluses from the Consolidated Fund was originally available for soldier settlement, so the money written off has not been borrowed money. “The Government has often been criticised for the muddle made of the settlement of soldiers, but it was easy to be wise after the event. I have always said that if we could settle the soldiers on the land, and keep them out of the cities and on the land, at a cost of £4,000,000 or £5,000,000, the money would be well spent.”
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Bibliographic details
Sun (Auckland), Volume I, Issue 303, 14 March 1928, Page 16
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187SOLDIER SETTLEMENT Sun (Auckland), Volume I, Issue 303, 14 March 1928, Page 16
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