Untitled

Taranaki Daily News, Volume LII, Issue 2, 27 January 1909, Page 2

HilSfL LAND i'I'IiCHASK. A ii'i urii liiis lici'ii i—ni'il by 111 thi' li»iuv< n'hllillg m pinvli.i-.c np'v.itioiis imhU'V I lu'. Al* I o! I'KI.J uiit. Ih'il upon In Mr. Jiinvll in iMUoiUici.iK 111,, mnv 1.ii.1,1 Hill. 'l'h.. Chief S.rn-Ury iHM-rl'ial Unit till' tottil outlay would lu' '■rrutlv in rxerss ol the origin.il r*fiunlti- ins'n'iul of fIOOJIOUJimi being

sullicicnt, ilie Illinium was liiovi- likely I i„ l.i- ClSll,lloll,llilU. A'.-curili:ig to I li« Estates Cii;i!.ni->iiilH'r>, lln.' actual liglire. <uleiil;«t.,l on tlio Imms "I' the poorlaw va Imi (inn ui the lands ii I ri-ail.v sold iir tn In 1 purchased. is Cl8;l,0(>8,,:s!)li.' This total is made "l> as follows, tin: fijcumi representing' tin; position a-l the .-ml of October last:-Transactions completed C2.->,075,5-17, agreements to purchase X.->3.U(il-,UOI, estimated prim of lands unsold .L-11W.1W1.848. It has to In- Hiili'il, however, that this estimate is based on tlie assumption that the wnolc oi the la ml not vet brought before the Commissioners for disposal will lie sold, ;<;ul Unit it will he purchased, on the average, ai til" price at which lauds had .■handed li.inil.- em! -r Mr. \V,v:iillHtm* Act up to April :i(!iii last. (In llie hiisis nf acreage. lin intimated price of the unsold properties works out at a little less, namely. .0102,078,4111. In the opinion of the Commissioners, no reliable estimate of the price of these estates can be calculated on the basis of tin number of holdings. Taking, however, the tola I in Ireland -as that given, in the agricultural statistics, namely, 872, and deducting the 31(1,1134 holdings disposed of or agreed to he transferred under the various Acts up to October 31, the number ri'inahing unsold at that (late appears to be 282,888. Estimating the price of the unsold holdings on the basis of that paid, or to be paid, for the 2-13,1211 already dealt with under the Act of lIMI3. the purchase money required for the remaining 282,888 holdings would amount to L!l2,li(IO,Gll4. ur LI 1,-271,1-14 less than the estimate on tile basis of poor-law valuation. ruder the Acts 18711-181111. a total of 73.8a8 holding* have been dealt with, the purchase nionev in respect of these amounting to 24.7H7.77!). Adding this lo the existing -ami prospective liabilities undei the Act of 1110.-I, as estimated by Ihi Hslates Commissioners, it appears that the total sum involved ill Irish head purchase is no less than -L208,3(111.17."..