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Wairarapa Daily Times, Volume XV, Issue 4712, 7 May 1894, Page 2

It is rather serious to notice that Mr Hogg, M.H.K., and other prominent liberals fought valiantly for a land title which would take settlers out of the grasp of the money lender, and secured au eternal kase for tbe selector on which he could not raise a loan. But now that eternal leaseholder have been saved from mortgages and no longer can go a borrowing, they are beginning to go a s growing and declare that they must borrow or burst. Under these cireumstauces tho. only thing a well regulated liberal M.H.R. can do is to turn right rouDd,swallowhisprincipleß and help the men to the hair of a dog that according to their own declarations must bite them. The Government must become a general mortgager on their behalf and come to their rescue. But why the SUto should advance on -'mortgage to men who according to llio principles of tbe liberal. party cuglit to be kept free from such embarrassments is a conundrum. The right thing to do is to alter the titlo so that it can become a valid security. 'J he State if it concedes small loans will also be called upon to advance money for the purpose of stock. It is time that all this nonsense wore done away with. Jf the eternal lease be a failure, and we fear that it has already broken down' in practicp, it is better to abandon it than to try and bolster" it up. In practice it is a roiten plank and Mr Hogg's proposal to shore it up with another rotten plauk is not in tbe besb interests of settlors. As a temporary relief it may be welcomed, but the right thing to do is to let tbe eternal leaseholders have the freehold of their properties at ten shillings an acre. Settlement, would move on then and improvements would be made that would absorb all tbe unemployed labour in the Colony.