LEASEHOLD TENURE
PAST PRECEDENTS MR. RICHARDS’S ADVOCACY A reply to Miss Bllen Melville’a statement that leasehold tenure would destroy the basis of credit, was mado at an open-air meeting last evening by Mr. A. S. Richards. Labour candidate for Roskill. Mr. Richards asked Miss Melville io deny that Sir George Grey, Ballance. Seddon. and Sir Joseph Ward. m brighter days, took the unemployed from the streets of the towns of New Zealand practically without money ana. substance and placed them on Crown leasehold farms under the various leasehold tenures. and renewable leases, and then w #it to the London, monev market and borrowed millions to develop the Crown farms occupied by Crown tenants on the leasehold system, and thus laid the foundation of ■jfnie of the largest fortunes in New Zealand to-day. If further proof was required, it was? only necessary to look at the homes in Dll worth Avenue, and the magnificent buildings erected on the leasehold titles of the Auckland Harbour Board, one of the wealthiest corporations in the Southern Hemisphere.
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Bibliographic details
Sun (Auckland), Volume II, Issue 498, 30 October 1928, Page 13
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173LEASEHOLD TENURE Sun (Auckland), Volume II, Issue 498, 30 October 1928, Page 13
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