POLITICAL NEWS.
SPECULATION IN LAND. j (By Wire.—Own Correspondent.) J Wellington, Last Night. a "I agree that there is far too much speculation in land," said the Prims '\ Minister in reply to a suggestion tint J local und general taxation should ba levied on the actual selling price of land. "I am afrad that the effect will' i not lie in the interests of the country i presently. 1 have discussed this point j with, the head of the Department, and .] he assures ine that he takes no notlc* ' of the extreme prices paid far land. H» i says, and I agree with him, that it is * much better to take a general average"* thau to take notice of some man who';* has been foolish enough to purchase ,fc f< property at ten or fifteen pounds in ' excess of its value." SURVEY OF OILFIELDS.Mr S. G. Smith (Taranaki) asked too ■] Minister of Mines to-day if he will ; place a sum on the Supplementary Ertlv j mates to cover the coat of a coraprs-. hensive survey of the oilfields of the Do* ':! minion by an up-to-date oil geologist.' {
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Taranaki Daily News, 16 October 1919, Page 5
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187POLITICAL NEWS. Taranaki Daily News, 16 October 1919, Page 5
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