SOLDIER SETTLEMENT.
THE ARREARS OF RENT. LARGE SUM INVOLVED. The latest report on the discharged soldiers’ settlement scheme states that up to March. 31 the losses on account of principal and interest amounted merely to £7984. Rebates have, however, been granted on farms to the amount of £30,257, and on dwellings to £36,483, making a total of £66,740. Rents remitted on account of Crown and settlement land have amounted to £18,500, and on discharged soldiers’ settlement account, for interest and instalments, to £1271. The arrears of rent on March 31 in respect of Crown and settlement lands amounted to £178,060. The arrears on discharged soldiers’ settlement account, totalled £348,875, interest being in arrear on current account to the amount of £72,951, and instalments to £27’5,924, of which £250.858 was in respect of fai-ms and £25,066 in respect of dwellings. The capitalisations in respect of rent and interest totalled 9076. The forfeitures, numbering 35 in respect of leasehold of Crown and settlement land, involved a loss of £17,986 in rent, and the abandonment by returned men a loss of £68,538. Foreclosures had been made in the cases of 29 farms and 25 dwellings.
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Taranaki Daily News, 5 May 1922, Page 8
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192SOLDIER SETTLEMENT. Taranaki Daily News, 5 May 1922, Page 8
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