THE PRICE OF LAND.
On his return to England from a visit to New Zealand, Sir Rider Haggard had something to say upon the relative prices of land. He commented upon the fact that while agricultural land in New Zealand was being sold at from £3O to £7O and £BO per acre, that in Norfolk, with a, thousand years otf history behind it, could be bought for £2O. While he made an allowance for the fact that in New Zealand it was not necessary to shelter and! feed stock in the winter, he said it remained inexplicable to him hlow such enormous prices were paid, for land. He could not help reflecting that a. good bit of it must be
speculative. Sir Rider Haggard te a very keen and shrewd observer. And one cannot help thinking that he was pretty near .the mark when he said that a speculative value was placed upon New Zealand land. A fall of a penny or twopence in the price of butter-fat, and many of our farmers would, to use a colloquialism, be "in the soiup."
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Wairarapa Age, Volume XXV, Issue 10713, 26 September 1913, Page 4
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182THE PRICE OF LAND. Wairarapa Age, Volume XXV, Issue 10713, 26 September 1913, Page 4
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