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Squatting Interests in South Australia.

A panic was caused m the South Aus-' tralian Asssembly last week by the Commissioner for Crown Lands, Mr Howe, informing the House that the contingent liabilities m Connection with payment for squatters' improvements under the Act of 1884 would be nearly £3,000,000. It was only by accident that he made the discovery. He had occasion to interview the Surveyor-General, who gave him this intelligence, which astonished and startled him as much as it could any hon. member of the House. Up till now he had shared the general opinion that the outstanding liabilities for compensation for improvements could not amount to more than £100,000. Members were absolutely struck dumb by this statement, until one or two rose' and said they hoped there was some mistake with regard to these liabilities, which, if real, utterly dwarfed the existing deficit of £1.000,000, Mr Playford, the leader of the Opposition, said he trusted and believed that there was some mistake, as he could not believe that the squatters had recently expended between £2,000,000 and £3,000,000 on permanent improvements. Mr Howe, m reply, said the figures had been carefully prepared by the Surveyor-General. He allowed that matters were very serious, and he considered that means should be taken to abrogate the law of 1884, under which compensation is claimed, even if an especially long tenure had to be granted to the squatters m exchange. It would be necessary to place an additional £250,000 on the next loan m order to meet immediate demands for compensation. (Sensation.)

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https://paperspast.natlib.govt.nz/newspapers/AG18900715.2.6

Bibliographic details

Squatting Interests in South Australia., Ashburton Guardian, Volume VII, Issue 2467, 15 July 1890

Word Count
258

Squatting Interests in South Australia. Ashburton Guardian, Volume VII, Issue 2467, 15 July 1890

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