Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image

BUYING LAND FOR SETTLEMENT

Inquiries Made About Big Estates DISAPPOINTING RESULTS REPORTED [From Our Parliamentary Reporter.] WELLINGTON, July 30. The results of land purchase operations for closer settlement purposes carried out during the year ' ended March 31 last are reviewed in the annual report on the Land for Settlements Act, 1925. The report states that in June, 1939, extensive inquiries were begun in all districts as to the possibility of extending closer settlement by the acquisition of large estates for subdivisional purposes, and the fact that the results from this complete investigation were disappointing was due entirely to circumstances beyond the Land Purchase Board's control. “Most of the suitable properties that came under review,” states the report, “were not available for sale, and were being farmed in a manner which could not be criticised and which, therefore, left no grounds for compulsory acquisition. The estates ' actually placed under offer were, generally speaking, clearly unsuitable for purchase and subdivision; but there were some exceptions, and in respect of these good progress was made in negotiations with the owners.” The report states that although it was not possible actually to complete any purchases during the year, the board had contracted at March 31 to buy suitable properties in the Auckland district. These were the Matanuku Downs estate, of 1710 acres, situated two miles from the Tokoroa township and factory,' and 12 miles from Putaniru, and the Strathmore estate, of 9836 acres, located about 28 miles from Rotorua, and one mile from Keporoa township. Negotiations in Canterbury "The Dominion Land, Purchase Board has been negotiating for the purchase of several areas which will be within the region irrigated under the ValettaTinwald scheme to be undertaken after the Rangitata diversion scheme is finished.” says the anmial report presented to-day to the House. “No actual purchases were made within the financial year under review.” Four estates in the Canterbury land district on which deveiopmental work is being earned out are reported on.. The revenue from the Ashton block, of ■ 703 acres, in the Ashburton County, on which £4833 has been spent to date, was £1648. About three-quarters of the area is now considered to be fully developed; but last year’s operations were somewhat disappointing, as a result of the dry season. Although the Brinklands estate, of 1143 acres, in the Fairlie district, was purchased by the department in 1929, it was only brought under 'the direct control of the development board during the year, and the revenue was £4841. The expend!ture to date has been £BBBB. Development work on the McKenzie estate, of 199 acres, near Geraldine, was confined chiefly to draining. The property was now in fair order, and increased returns were shown from dairying, in which this block is mainly engaged. The revenue was £IOO4, and the total expenditure since the property was acquired reaches £2813. A portion of the Tripp settlement was brought under control of the board. The total area concerned at present was approximately 490 acres, and comprised mostly abandoned holdings. The property required general rehabilitation. and as yet it had not been possible to establish a flock. “It will take years for the Molesworth and Tarndale properties, of 249,300 acres, to recover fully," says the report, “but it is considered that with judicious management and stocking rehabilitation will eventually be effected.”

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19400731.2.75

Bibliographic details

Press, Volume LXXVI, Issue 23086, 31 July 1940, Page 10

Word Count
552

BUYING LAND FOR SETTLEMENT Press, Volume LXXVI, Issue 23086, 31 July 1940, Page 10

BUYING LAND FOR SETTLEMENT Press, Volume LXXVI, Issue 23086, 31 July 1940, Page 10

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert