ALLEGED CONFISCATION.
LAND LEASES. THE NEW SOUTH WALES ACT. (BT TELEGEAPH—PRESS. ASSOCIATION*—COPYRIGHT.) London, Juna 29, " The Times has published a letter from Mr. E l . Yarwood, of Sydney, protesting against the Improvement Leases Cancellation Act Declaratory Act, as endorsing a-policy of confiscation which is bound to shake tho confidence of : investors in tlifl commercial value of grants issued by the New. SouthWales Government; " The Times," while admitting that only one side of a complicated controversy has been presented, yet ..considers that ' the Act' embodies; a harsh measure of .-confiscation, and hopes there aro some palliating circumstances, for .Mr; Yarwood's letter suggests that large land-owners have, made sacrifices in order 'to propitiate public opinion; and efface tho memory of somo_ugly facts. The paper adds: ". Governors have been, known to veto measures much less objectionable."
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Bibliographic details
Dominion, Volume 1, Issue 238, 1 July 1908, Page 7
Word Count
133ALLEGED CONFISCATION. Dominion, Volume 1, Issue 238, 1 July 1908, Page 7
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