How a moderate capJtaUst mlaM* 1 becoming a lniilionire.—ln review—in K Hso of property in New Ply. mouth during the deriod 1890 to 1904 it was possible for a £lo,oook capitalist to be on a (air road of be* coming a millionaire, and it c«Ui*'. much study to-day before anyo.! can bo in a position to say that' "" opportunity has now gone by; --him we come to consider Utat the ' ,»»,n9 it the freehold In the borough o . Plymouth contains only abr , l( 07acres—lo4 acros central w acres weetern ward. 169 • •™ ward-one-fourth of 0 area of which could ten 1. ' ' chased for about £l7 00C i P value within the periW which has luereasod fjrt . £222oao Unt M Pr ° V l, Vftlue of a^S £2SU,OOO, Many ree* romembe ; a fw years ago seef ln m n 7«» wow far J wct< OT> Are there T? 'if" £250 ft section to -davTw« hi™ . • <°Xlalue 6 " cau «°' t "'. 'is# in value co n be attributed to. '• practically the prosperity of uranaki :«hic*, the syndicate known as the Croifa Dairy Company Jvi the means of Istartlng. Therr-Sre n» . enterprising capitalist* in New Plyin out h up to the present. It cannot be long befoßu capitalists will turn ■ their attention to what is the greftU " est colony in the world. Labour will follow capital. The population will inrrcase, and when wo consider that Mio total area of our borough could bo held by aibout 300 porsons with a liltlo over an ncrc each, and rising in value iib it has done with a population of ((000, what will be the v« !»: P°l >,,lati on reaches 20 ." • 000, wilh larfiu industries ? Prowrty values in New Plymouth are "caLl" iron ; depression can never alTect nnki property"* £500?000. °Pew# ally we should say now U < to acquire freehold, if only ona.mdJ *" ' scale Callaghan and Co « 2 opportunities of securing home. wUIL' small deposit, and In Ti the ca|Jitalistp wi?i in 1908 wh^'^n/K: lu© of sections $n the ,Veale Estate 1U« e * plrat4on 01 «» bvbour
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19040905.2.28.6
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume XLVI, Issue 207, 5 September 1904, Page 2
Word count
Tapeke kupu
337Page 2 Advertisements Column 6 Taranaki Daily News, Volume XLVI, Issue 207, 5 September 1904, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.