LAND VALUES AND INTEREST RATES.
TO THE EDITOR OF THE PRESS. Sir,-Dear money makes cheap land; C.ap „oney i. «.c P«.t lamp's remarks in the paper a few days ago were that the continued high price of rural land is practically a cause o the continued depression and that the price of rural land must wk"o fc i Ug per cent, things would be normal. I would hammers down tl P Jd e t0 land any ho compound "interest^ farmers' arrived back in {(or o rifle of over 100 miles Hanmer afte the -j ourney on horseback. Mos fQot was along a( l h ' rsc ' f e hfes on either "i 18 ' i U nearly met that two side had . so near y reciatioll of Staled V A- f""" ° £ m °" y
and its restricted circulation has depreciated farming land by many pounds per acre. Many of the farmers I stopped and talked with praised the Mortgagors Relief Act; but some seemed heart-broken and disinclined to try much more, as their land and their implements were falling into disrepair. Yours, etc., C. H. ENSOR, Hanmer Springs. February 12th, 1932.
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Press, Volume LXVIII, Issue 20471, 15 February 1932, Page 11
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188LAND VALUES AND INTEREST RATES. Press, Volume LXVIII, Issue 20471, 15 February 1932, Page 11
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