FARMERS' UNION CONFERENCE.
RESOLUTIONS PASSED
BY TELEGRAPH —PRESS ASSOCIATION. WELLINGTON, July 28. At the Farmers' Union Conference to-day, the following resolutions were passed:— when the Government reserves ard unoccupied Crown lands adjoin private holdings "(freehold or leasehold) the Lands Department should pay half the cost of fencing and keeping the fences in repair; that the present system of valuation of rural lands for land tax purposes upon the unimproved value, is inequitable, as it has no reliable basis to enable anyone to make the valuation other than a purely arbitrary one; that the capital value is the only ascertainable value which can be equitably arrived at, but that the taxable and rateable value should be the average capital'of the land taken over by a series of years, and not the saleable value of the day; that a further and more determined effort should be made to have the clause relating to valuation of improvements in the Valuation Act amended by giving full value for the actual benefit to land from improvements other than visible.
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https://paperspast.natlib.govt.nz/newspapers/WAG19080729.2.25
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Wairarapa Age, Volume XXXI, Issue 9154, 29 July 1908, Page 6
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174FARMERS' UNION CONFERENCE. Wairarapa Age, Volume XXXI, Issue 9154, 29 July 1908, Page 6
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