IRISH LAND QUESTION.

Taranaki Daily News, Volume XXXXV, Issue 76, 28 March 1903, Page 2

IRISH LAND QUESTION.

BOLD COMPREHENSIVE SCHKMI. FAVOURABLY RECEIVED. FEB PRESS association. London, Marob 26. Mr Wyndham occupied an heur and a half in ui.fjl'ing a bold oomprwhenaive Echeme to become operative on November Ist. He explained that the Bill would eliminate the causes of discontent, arrest the decay of agriculture, and atop emigration, enabling tenants to boy their holdings by paying lew than the present rent. The»« purchases would be financed by the Treasury to the exrent of a hundred mil ions raised by small yearly Io«ns.

Tht- fettlemaiit is expected to occupy fiffr en yestre. T.ie gift of twelve millions fs infended to landlords to sell, rec-iving a cash bums varying with thn importance of their holding*. The inducement will be the greases'; in the case of small holdings and the dual charge on the Treasury in connection with the grant is not to exaeed £398,000. Agains-, this there will be a saving of a qu*rter of a million in Irish at ministration. The purchases will bi bisd on the capitalised value of the reducad second term rents. The tenants will pay seveneights of the valua of heir holding* by instalments as of a terminable annuity over a period of 68£ years. The remaining one-eighth will be a perpstual rent cbarg-'J thus enabling th«, State to control the buyers ami r.srict subsubiivision and nvrtgij , Mr Wyndham was cheered on con. c : uding his speech on the Irish Lmd Bill, which was most favourably rec ived. The man features aie considered ve. y generous, and cntioism aod suppes ions as to details are reserved. Th» Bill is recognised at Dublin as a car.ful, snceie, aud hopiful attempt at a solution < f the d'ffioulty. Kooeived 27, 7.45 p.m. London, March 27. There is a remarkable consensus of favour ibla opinion on tbi Irish Land Bill among tha provincul and matropolitm Irish.

Mr H*sly generally rpprove* i', buo expicts to obtain more conct-Mtont wh-n the Bill comes to be dealt with in Commit, ee.

Mr J. E. Redmond objeoted that the perpn'ual rent charge w*« too l<ri<#, and would ceite iinp'eesioa that 'h# t ca-ts w.ire not (he absolute owouri, He regretted that the a»«'Btauo* prop se<i to t<e »i» n by the Government did not eqii.il the terms which 'he j dnt land conference recently held at Dublin recommended. Colonel Skundeison and other Hffa landlords weloomtd the mMturt,